In order to have an effective budget, you’re going to need some basic personal budget categories to start. Determining your budget categories isn’t always easy, especially if you’ve never made a budget before. Start your budget off right . . . here are some of the best budgeting categories to set you off on the right foot.
Because the world encourages us to seek success so diligently, we almost need to have an entirely different mindset in order to find happiness. Along that line, here are several things every parent should tell their kids – and themselves – about how to find true happiness in life – even if financial success never comes your way.
I had a revelation about cars that has caused me to not really care what mine looks like. It’s not that I don’t want a really fast car, it is just that there is something I want a bit more: financial freedom.
Someone asked me to share my favorite free household or personal budgeting spreadsheets… Each one of these budgeting templates are free… If you use OpenOffice (basically a free version of Microsoft Office)…
Figuring that you never have to review your insurance needs is one of the most common misconceptions about life insurance! But, if you don’t review your plan annually – or, for that matter, don’t have a financial plan – here are some guidelines to know when you should review your life insurance.
Creating a debt snowball is my preferred method of getting out of debt. When My wife and I were paying off $46k of debt, we actually didn’t use a debt snowball worksheet, but looking back I think it really could have helped us. If you are wanting to pay off debt on your own, this […]
I remember sitting in my cubicle, with cloth walls surrounding me – or should I say caving in on me – with the sterile glow of a fluorescent light above my head. I had to stand up and look 50 yards in either direction just to catch a glimpse of sunlight. I still remember the […]
So if we think of “wealth” in terms of amenities and luxuries rather than the number on our bank statement, I would say we are doing pretty good.
Evernote is free desktop download that works like a large reference file. I like to call it my “external brain.” What is great about this application is that you can store documents, photos, and webpages all in the same place. Everything is keyword searchable. What is really cool is that any text that appears in your photos is also keyword searchable inside Evernote. If you are new to Evernote, here is a list of 21 ways how you can use Evernote to get you better organized this year:
For the purposes of the article I am defining Multi-level Marketing as any business that has a downline. Meaning members earn a percentage of the earnings of those they recruit. I currently have family members in MLMs, some friends in MLMs, have been recruited by Primerica and many others, and my wife even sold Stella and […]
I just love finding new ways to save money. It is kind of an addiction really. 😉 And after spending years being a guinea pig with a lot of money-saving tips I created this 3-step process I used to help me save over 50% on almost all of my purchases. So today I just want […]
A few years ago I began a journey towards minimalism. And not the weird kind where you sleep on the floor and only have one plate and one fork, but a kind where I question all my possessions and get rid of the stuff I don’t need. I had read a few books that were […]
As I was staring at this tree I began to realize that trees grow slowly. You plant a seed for a tree and it takes a while to sprout and takes a while to grow to a decent size.Grass and even plants, on the other hand, grow a lot faster. They sprout up quickly and sometimes you can even notice growth one day to the next. I have been enjoying watching this rapid growth with all of the plants in my vegetable garden.
I have been wanting to do some real estate investing for years, but just haven’t gotten around to it yet. We all have our excuses don’t we? But a friend of mine, Brandon Turner, is part of the largest real estate investing website out there (BiggerPockets.com) and has been investing in real estate for years. […]
Tuition. Fees. Books. It all adds up! College can be ridiculously expensive, but it doesn’t have to be. Don’t accept the idea that you’re going to pay an arm and a leg for college. You can go to college for free.
Bad days are inevitable. They happen to everyone. But, there are things you can do to make them better. Here are a few of my favorite ways to turn a bad day around…
Ironically, many children raised in wealth demonstrate the same tendencies as those who are raised in extreme poverty: depression, despair, attempted suicide, drug and alcohol use, and shoplifting. Why this behavior? The parents, who are way too busy making money, sacrifice meaningful time with their children.
I love checklists. Especially when I want to make progress in a particular area but don’t exactly know what steps to take. This is a personal financial checklist that covers many of the steps I have taken over last decade that have helped me move from being a financial mess to having a little bit of an idea of what’s going on.
Technology is changing everything – even the well-worn process of getting a loan through a bank. You can now streamline the whole borrowing process and consolidate your debt with Lending Club. Lending Club is the largest and most well-known of the rising class of direct lending platforms that enable both borrowers and investors to bypass […]
I remember thinking, “You mean you can actually do work one time and get paid over and over again?” And as someone who knew nothing other than working for an hourly rate, earning passive income was a truly fascinating idea. It was 10 years ago, and it was the first time I was presented with […]