A couple months ago I wrote a post about how much money making your own coffee can save you every day, week, month, and year. A reader commented that she was interested in finding out how much money bringing her own lunch would save her.
Great post idea I thought so I broke down the numbers in this post about bringing your own lunch.
You struggled for years with money like I did and have decided to turn around your situation. Great first step! You’re reading the personal finance classics like The Millionaire Next Door, The Richest Man in Babylon, Rich Dad Poor Dad, and the Total Money Makeover. Maybe you’ve even read my book Cash Uncomplicated.
In my last post, I wrote about using a monthly surplus to pay off the house early or invest more. Both great options, one more optimized than the other. Either way, a really good place to be in. In today’s post, I’m going to write about the surest bet anyone can make—paying off debt.
It’s a great position to be in. All consumer debt has been paid off, or never existed in the first place. You’re doing well in your career, invest 10 percent or more of your income, and have plenty of savings in your emergency fund. You also own your own home and don’t plan on moving anytime soon. You’re at a point where you have a surplus of money coming in every month.
I hear it a lot—investing is risky. Yes, investing definitely is risky. You can lose money investing short-term. It’s agonizing to think that you can work hard at your job, do what you believe is the right thing, and actually lose some of that money if you were to pull it out.
If I went to the store and saw oranges for three dollars a pound, I wouldn’t buy them. Oranges are normally around a dollar per pound and two dollars more per pound would probably shock my system. I might even drive to another store across town to find oranges at the price I’m used to.
One of the most common fears for people in personal finance is losing their job. A job loss can happen for any number of reasons. Company down-sizing, poor performance, disruptions in the industry, reductions in state and/or federal funding, and countless other ways.
As we’ve written about many times before, personal finance seems like a complex topic. With so much information (both good and bad) available, things can get really confusing.
We hear the message all the time—save money. Although that message is frequently given, there’s rarely a reason or a why given behind it. For some people, it may be obvious why they are saving, but for others, not so obvious. A couple in their mid-30’s with a family of four has different reasons for saving than a 22-year old fresh out of college.
I think when most people think of getting a raise or pay increase, they think of making more money at work. Maybe by getting a promotion and making more, or moving up a step on the pay scale. Or making more sales, getting a bonus, or even starting a business.
There are a lot of speculation plays hitting big right now. Bitcoin is way up as are a bunch of other cryptocurrencies, including meme coins.
As we enter the second week of 2025, many of us are hyper focused on our 2025 New Year’s Resolutions. Whether it be health, wellness,
I don’t do crash diets, carb-free challenges, or quick weight loss bootcamps. If it’s not sustainable, it’s not for me. I also don’t take part
Money buys a lot of things. At its most basic–food, shelter, daily living items, etc. In the luxury areas–a really nice car, large home in
