Hanging around the frugal online personal finance communities I see the general advice to buy the cheapest house you can afford. I disagree with this pretty heavily. We moved to a lower cost of living area in our early 20s because it was frankly the only way we could have the lifestyle we wanted to [...]
Yesterday, I was reading my email and one was from a friend who had just had her purse stolen in a drive-by purse snatching. While losing the money in the purse is definitely both maddening and frustrating, it’s much of the other stuff that is in there that could become a pain both in time [...]
This is a question that I get on a semi-regular basis and one that usually elicits quite strong opinions. How would you answer this lady’s question regarding life insurance for her baby? I want to know if I should get life insurance for my baby. My baby is eight months old and I saw a [...]
It’s that time of year again when it’s time to do a spring cleaning of your house. Before you take out the trash can and throw out everything you no longer need, consider these options that can earn you a bit of money while also helping out the earth by not adding to the landfills: [...]
Today I received an email from a woman that has over $100,000 sitting in bank accounts earning interest from 3% – 5%. This is what she has to say: I’m not sure what do to with my extra money. I currently have more than $100,000 in cash sitting in bank accounts getting 5%, some 4% [...]
We’ve all been there: riding down the road on the way to a huge sales meeting when the half-caff no-foam double latte spills and ruins the directions. The only thing that will save the day is a WiFi hotspot so you can get your directions and get back on your way. All perfectly legitimate, right? [...]
I’ve been getting more and more emails from individuals asking for my advice on specific issues. I have always been of the strong belief that a large variety of views are best and then choose the one that you think best fits your situation. I will be listing some of these questions and hope that [...]
Have you ever purchased something only to regret the purchase later on? Many times we think we want or need a product or service only to find out later on that we really didn’t. One of the most effective ways to keep yourself from these impulse purchases is to come up with a list of [...]
Smuggling Hope: What would you do if your loved one needed a prescription drug to survive, but you didn’t have enough money to afford it? An extremely well written article by a daughter whose father faced that situation and how she ended up smuggling in drugs for him to survive. It will make you think [...]
There is always a lot of heated discussion on which is the best method to reduce debt: the classic highest interest snowball method: 1. Make a list of all your debts, ordering them from highest interest rate to lowest interest rate. 2. Set aside a specific amount of money that will go toward paying these [...]
