Whether we like it or not, we're on the back half of 2014. While it seems like only yesterday that we were celebrating the Holidays and colder weather, we are now staring down the descent into the end of the year. When time seems to pass you by or you’ve been terribly busy it can be easy to lose sight of what your financial goals were at the beginning of the year. Whether you call them New Year’s Resolutions or simply goals you want to reach there is still time to finish your financial year off right if you’ve got the right attitude. [Read more…] about 3 Simple Ways to Finish Your Financial Year off Right
Saving
What Would You Do If You Had $10,000?
Have you ever thought about what you would do if you suddenly had a $10,000 windfall? Perhaps a relative left you a portion of their estate, or maybe you win the lottery (which I wouldn't recommend playing by the way), or you have an anonymous check show up in your mailbox with no explanation. What would you do with the money? Put it toward a brand new car? Start hunting for a bigger house? Buy a boat? Perhaps you've been wanting to fund the future education of your child, so you put it into a 529 fund. Whatever your thoughts, take a second and write down what your $10,000 would do for you.
How My Family of Five Keeps Its Grocery Bill Under $500 per Month
I often get asked how my family is able to keep our grocery bill so low. We have a family of five and are able to easily stay within our budget of $475 per month, often with some left over at the end of the month. I readily admit that it can be difficult to maintain a strict grocery budget, but it can be done – you just have to work at it. I’ve shared how to save money on groceries in the past, but today I want to give some specific tips as to how we keep our grocery bill so low. [Read more…] about How My Family of Five Keeps Its Grocery Bill Under $500 per Month
Interview With Get Rich Slowly’s JD Roth
Today I am excited to welcome Get Rich Slowly founder JD Roth to chat about his new Be Your Own CFO guide. It is an honor and a pleasure to have had the chance to ask JD some questions about how he got started in personal finance and how he developed his new guide.
Focus on Long Term Wealth
Are you determined to get out of debt and grow your wealth? When I made the decision to get out of debt, all I could focus on was the current day, or at most, the next day. I had to deny myself various pleasures each and every day so that I could have that extra hundred bucks at the end of the month to put toward my student loans. It was certainly a step by step process, which required me to keep my head down and plod through each day.
Get Rich By Doing It Slowly
Have you ever had the urge to get rich? To go out to eat whenever you wanted, buy that perfect cottage on the lake, and travel to every possible country you can think of? It sure sounds nice doesn't it? Many people actually have this lifestyle, but there's just one problem – they are NOT rich. They are just as poor as you or I (maybe poorer). Sure, they might earn more money per year, but they keep very little of it because they are too dependent on credit to make a life for themselves. The trips, the fancy dining, and the cottage are all on credit, and their net worth is peanuts – a couple thousand dollars if they're lucky.