Making changes that will lead you to success in any area is tough work. Whether your goal is to lose weight, pay off your mortgage or reach that million dollar mark in your investment account, a daunting goal is hard for most people to hold on to.
In this world of “I want it now and I shall have it now!” we’ve become offended at the suggestion of waiting for more – and often at the suggestion we work our tails off. Read more
Today’s post is a guest post from Jon over at Money Smart Guides. Enjoy!
You think you know your way around money, huh?
Then how come you still have credit card debt, or how come you don’t have an emergency fund and a $10,000 car note?
There are some very commonly held beliefs about money that have permeated our culture and our way of life over the last 30 or 40 years. But if you step back and think about it, the beliefs that we seem to have been conditioned to learn did not come from a high-school or college-level personal-finance course. Chances are they came from the marketing-heavy credit-card companies. 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
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
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
When we look at our list of “whys” for being debt free and financially independent, we’ve got all sorts of fluffy, encouraging stuff on there, such as wanting to do it for our kids and being more able to help others. But if those fluffy reasons aren’t working for you, you might try scaring yourself into financial stability. There are many cold, hard reasons for why now is the time to get your financial act together. Read more
When we first began our debt free journey, we had a LOT of emotional issues that were bubbling beneath the surface. We didn’t know it at the time, but a lot of the reason for our debt problem was that we were spending to quell hidden fears and sadness. We had conditioned ourselves to live with a broke mindset, you see. This excerpt from the beginning of our journey will show you what I mean. Read more
One day soon after we began our “getting out of debt” journey I decided, for motivational sake, to go back and track how much we spent on eating out in 2012. It was in December of 2012 that we had our financial wake-up call and realized we had to do something about our money situation. We’d cut down quite a bit on eating out over the last couple of years before that, so I was curious to see what we’d actually spent on restaurants, given we’d tried to make 2012 a little more budget friendly in that area. Read more