When people think about kids, they’ll usually think about toys and other such fun “stuff”. But kids, especially small kids, love playing with things you might not expect. Have you ever heard a parent complaining that they got their kid a brand new toy for Christmas, only to have them be more interested in playing […]
Frugal Fun With “Not A Box” – And Other Fun Objects Read More »
Perhaps, like me, you’re an avid index fund investor. Even so, I love reading Warren Buffett’s annual letter to the shareholders of Berkshire Hathaway corporation. They’re full of wisdom – not only in how his company is currently operating (in plain language), but also in a variety of other topics. Why yes, since you ask, I
Investment Wisdom in Buffett’s Letter to Shareholders Read More »
Many personal finance (PF) bloggers talk a lot about their savings rate. There’s a lot of debate within the community on how to calculate it, and some bragging about whose is larger. If you’re just starting out saving and investing, it can be intimidating to read about all these people saving 50, 60, or 70%
Why Your Savings Rate is Meaningless Read More »
In order to master your financial life, you need to spend less than you make – right? Interestingly, there are two ways to do that, and one might lead to higher spending than the other. When people talk about saving money, what are they usually referring to? Saving money on a vacation Using coupons to
Stop Spending to “Save” Money – Active Versus Passive Frugality Read More »
The first year of contributing 10% to my 401k, I had a whopping $2500. Of course, back then I made $22k per year and was working my way through college, paying my own way through work reimbursements and my earnings. I had been reading books like The Richest Man in Babylon and The Wealthy Barber,
Hack Your Way to Maxing Out Your 401k Read More »
The past few weeks, my mortgage company has been sending me increasingly urgent e-mails, telling me that the feds are going to be raising rates shortly and I better hurry and refinance my loan! Side note – yeah, they want me to refinance my 2.75% mortgage into something higher. Oh, and take out tens of
The Feds Have Raised Rates – Now What? Read More »
