Is that elusive goal of “millionaire” status still seemingly out of reach to you? For years I thought that attaining millionaire status was just “luck of the draw”. Some people were “meant” to be rich, and others were “meant” to be poor. No matter how hard I tried, I couldn’t seem to change my dire financial situation, so I figured that was a sign that I wasn’t destined to be rich – or even financially stable. Read more
Ever thought about picking up a side hustle? I’m guessing that if you’re reading this you probably have. Side hustling has literally saved us financially. When we first started our “get out of debt” journey, we had a 65% – 70% debt-to-income ratio.
That means that more than 65% of Rick’s gross pay was taken up for required minimum debt payments each month. As you can imagine, that left us with quite a huge monthly deficit. Read more
I originally published this post four years ago, but thought it was worth repeating. If you’re on a debt payoff or wealth building journey, and have spent the last month (or more) totally screwing up your budget – or if you read my post from Monday and are ready to start taking MASSIVE action, read this first. Read more
It’s been a tough few months financially here in the Frugal Farmer household. The first part of the year was smooth sailing. We were doing really well on debt reduction. Then came April. Read more
***Disclaimer: We are not medical doctors and are simply sharing our opinions here and what has worked well for us. Consult your doctor before changing your health care plan or the way you manage your health.
Four years ago, in our quest to cut expenses, we changed to a higher deductible health insurance option with lower premiums. We realized this was a bit risky with 4 kids, so in order to ward off some of this risk, we’ve put some practices in place to help minimize our need for medical care. We’ve found that by optimizing our health, we rarely go to the doctor now, and have saved several hundred dollars, at least, in our healthcare spending each year. And it’s working. In fact, in 2016 we only spent $139.55 out of pocket for medical expenses not including our monthly premium, even on our high deductible plan. We’re no longer those people that the doctor’s office knows so well. We show up every year or two for our annual physicals, and that’s about it. Here’s some of what we’re doing to keep healthcare costs low. : Read more
When I was in my early twenties (I’ll be 50 this summer) my BFF Judie and I were workout queens. Gym rats. Gym nerds. Muscle heads. Whatever you want to call it. We were amateur body builders who lifted weights three times a week in training from our body builder friends and spent three more days a week running or rollerblading around local lakes (it was the early nineties, after all 🙂 )
On the outside, our appearances were perfect. In fact, one time a guy came up to me on the street and said “MAN, you have the nicest calves I’ve ever seen!” It felt good to be complimented on a part of the body that most guys don’t usually notice. 🙂 Read more
If you’re like we were, you might find after making the decision to get out of debt that you may have bit off more than you could chew. I know that many of you are in way over your heads right now. You’re facing a mountain that – let’s face it – is just too big. I know that, because that’s the situation we were in four years ago. Then things got better. And then, after a series of personal crises, they got much, much worse, and we had to start our journey to get out of debt all over again, with a debt load over twice as high as we began with. Read more
One of the ways we’re able to feed our family of six on roughly $400-$450 a month is by “double-dipping” on our meals. The concept of double-dipping where meals are concerned is basically that you re-use what you’ve got left to make another meal. Read more
Today we’re sharing the story of Owen and his family. Find out what happened when they bought their house in the midst of tough economic times.
When we bought our first home it was in the middle of the financial crisis. Our purchase came with a $240,000 mortgage. It was a ridiculous sum of money. It also seemed like a very risky time to buy. People were being laid off, the stock market was tanking, and we were taking on a massive amount of debt. It was the largest amount of money we had ever owed. Read more
Enjoy this guest post from fellow blogger Sandra Cobain.
Kids need plenty of exercise for good health. It’s a no brainer, right?
Along with preventing health complications from obesity, exercise has a ton of benefits including strong bones, better endurance, deeper sleep, better focus, less stress and an improved mental health, among others.
So how do you get your kids to exercise? Probably not by taking them to the gym and putting them on a treadmill. I doubt they’ll get excited about that. Read more