I realize that this post might get me in hot water with some, but I recently read another article about the dire money situation of Americans and how it’s not their fault. Being an American who for many years took little responsibility for my own money situation (along with my husband) and being one who is digging out of a dire financial situation, I know whereof I speak. Read more
Being we have four kids, the subject of college and how to avoid student loan debt is near and dear to my bank account, er, I mean heart. As entrepreneurs and big believers in self sufficiency, two of the main things we’re working to teach our kids about money is how to earn it without depending on a job and how to avoid debt. Read more
“One way to grapple with debt is to ask yourself ‘who benefits from my debt?'” This is the question Mrs. Groovy suggested people ask themselves as they work toward paying off debt, and I thought that the profound statement deserved an entire post, so here it is. Read more
Hey friends! Since I’ve been talking a bit about the side hustle money I’m making doing this blogging thing (over $15k last year alone!) I thought I’d get more specific and share the details of what I’m doing and why I think it’s working. Making money by blogging isn’t always a fast process, but it can be. More than likely, though, you’ll need to be patient. But while you’re patiently growing your blog you can do the things that help to maximize monetization. Just follow these tips…… Read more
Hey, frugal friends! Enjoy this guest post by our friend and fellow PF blogger, Josh from Money Buffalo. The big 3-0. It’s a number dreaded by most young adults because it means they are now officially old by pop culture standards. It is probably safe to say that the priorities of most thirty-year-olds are more in tune with their parents than their younger Millennial peers. Read more
Lately, more by chance than anything else, I’ve been stumbling on new-to-me bloggers sharing about their lives as early-retired or almost-early-retired people. The already early-retired people share stories about awesome days where they can go where they want without having to report in to a boss (other than their spouse 🙂 ). They talk about spontaneous day trips and laying in the sun for no good reason other than they want to. Read more
In my humble opinion, the HSA is highly underrated and underused by many here in America. The more I look into this gem of a product, the more excited I get about contributing to it. We upped our contributions to our HSA this year because one of the kids needs braces and I want to make sure we deduct every bit of our out-of-pocket costs for those things. We’re working to maximize tax deductions, especially while the kids can still be counted as dependents. So that got me thinking; What can I pay out of my HSA? What other regular purchases do we make that we can be purchasing with HSA funds so that we can minimize taxable income? Read more
This post isn’t for all of you, but I’d be willing to bet that if it’s not for you, you know someone that it is for. If you’ve got your finances together but know someone who desperately needs to get theirs together, please consider sharing this post with them if you think it will help them.
Every once in awhile I feel a desperate urge to issue a wake-up call with those struggling with paycheck-to-paycheck living. Today is one of those days. Read more
Our financial life started to change when we got sick and tired of being sick and tired. When we finally figured out that the definition of insanity is doing the same thing over and over again and expecting different results.
For years and years we tried and tried to increase wealth and decrease debt but it was a constant fail. Why? Because we were doing the same things over and over again and expecting different results.
My friends, life just doesn’t work that way.
If you want something different, you’ve got to do something different.
My friend “B” is a perfect example of this. Read more
It happened again yesterday, as it’s happened a couple of different times over our journey to get out of debt. I was talking with someone when they shared a story with me that firmly established in my heart why it’s so important we keep on our journey toward debt freedom.
In this most recent case, the story was about a friend of ours. Read more
