A custom debt-reduction budget that fits your own family’s size, needs, etc., is crucial to debt reduction success.
As we continue to educate ourselves on how to pay off our debt and start growing wealth, the money mistakes that caused us to get into debt in the first place are becoming more and more clear. This “clarity” has been tough to deal with as we’ve worked to battle guilt and wanting to smack ourselves for our mistakes 🙂 , but we are working to focus on the fact that we’re changing our situation now, and now is what matters, both for your financial situation and for ours. Read more
Hey, friends! Today we enjoy another post from our friend Bill over at TradeRush Review. If you’re interested in guest posting here at The Frugal Farmer, just let me know. We offer the opportunity to guest post to bloggers everywhere.
Did you know that in 22 cities in the United States, women actually earn more money than men on average? Well, I personally think this is promising. These days, women are becoming more and more independent and treated as equals of men.
According to The Huffington Post, despite women making less income than men generally across the USA, trends are starting to change. According to NerdWallet, a personal finance website, in the USA, a typical woman earns only about 79 cents for every $1 dollar a man makes; however, in Inglewood, California, a majority of women earn a whopping $1.20 dollars for every $1 dollar that a man earns on a regular basis. Read more
A friend of mine wrote a post today asking if the 9-to-5 job was dead. I’m not sure if the regular day-to-day working job is dead, but one thing is for sure – the work environment of today is changing.
Years ago we got wise to the concept of multiple streams of income. We spent some time thinking about how interesting it was and about how we like for our family to gain some other income sources one day. At the time, he had a job in the manufacturing industry and I was a full-time stay at home mom. We were blissfully floating along in our financial ignorance, trusting that employers had the same faithfulness to their employees as Rick had to his employer. Read more
Hey, Frugal Farmer friends! I wanted to share with ya’ll a little bit today about the income I make blogging and how I make money writing for blogs as well. Often times, when I tell people that I have a “career” as a blogger, they look at me with that look. You know: the “Yeah, I KNOW that’s a scam” look. As if I were part of a pyramid scheme in which a secret society finds some hidden, illegal route to making the big bucks and alienating family and friends in the process. 🙂 However, making money blogging and writing for blogs is a real and valid source of income for thousands and thousands of people. Read more
Greetings, Frugal Farmer friends! Today we share the story of my freelancing pal Bill. It will inspire, encourage and motivate you to make your life your own. Enjoy!
”Better safe than sorry” –that has been my mantra in the past. I thought, “It’s always better to hold on to something I’ve got for as long as I can, than to take chances and lose everything.” I grasped the old me tightly with both hands, instead of giving myself room to grow. I knew it wasn’t supposed to be that way, I was not being me at all, but I persevered. Until I became too unhappy to function properly. Read more
A reader asked a question of me recently. The question was, “If you could go back in time to your early 20’s, what would you do differently to build a better financial safety net and grow your net worth faster?”
I thought it was a terrific question, so I’m putting it into a post today. Hindsight is 20/20, as they say, and having learned much about money and life over the last 25 years 2 years and 4 months, I can think of a number of things I’d do differently if I could go back to my early twenties and have a financial do over of my finances. Here are some thoughts: Read more
I started my first job in banking in January of 1989. I was excited to go from being in retail sales (my former job as a cosmetologist lost its luster quickly and I went into retail sales) to having a “real job” as a bank teller. I moved up within a year, even though I was only 24, to the position of teller supervisor at the small local bank chain and was loving learning about money and lending. Read more
Kim over at Eyes on the Dollar had a great post the other day called When Frugal Fails. It was about a poor choice that she made in the name of saving money that ended up costing her more in the long run. I’m not sure about you, but I’ve had many a frugal failure that has watered down our efforts to get out of debt. What’s frustrating about the Frugal Failure is that it’s most always preventable; however, in order to prevent a frugal failure one must recognize the “pre-thinking” associated with making a frugal failure mistake. Read more
I had the privilege this week of reading Robert Kiyosaki’s latest release, Second Chance. Kiyosaki, of Rich Dad, Poor Dad and Cashflow fame, made a huge impression on me several years ago when I read his first book, Rich Dad, Poor Dad. Since then I’ve read several of his books, including a recent release he co-wrote with Donald Trump entitled Why We Want You to Be Rich.
One of the things I truly enjoy about Robert Kiyosaki’s books is that, aside from his revolutionary ways of viewing and teaching personal finance, it’s evident in his writings that he truly has a heart for seeing people succeed. Second Chance was no different; Robert’s hope for this book is that it revolutionizes the way people view money, wealth and how to go from being poor to being rich. The book isn’t just about money, it teaches people Read more
Hey friends! We’re honored to feature this article from money-saving expert Andrea Woroch. Andrea is sharing with us today some ways in which we can trick ourselves into saving money. Thanks, Andrea, for these great tips!
Saving money isn’t easy, and it’s clear Americans are having trouble doing just that. A recent report revealed 28% of consumers feel less comfortable with their savings compared to last year, and 24% have more credit card debt than cash stashed for emergencies. With the average U.S. household credit card debt at approximately $15,600, it’s time to take action.
If you’re having trouble breaking a poor spending habit or can’t stick to a savings plan, trick yourself into stashing more dough with these 7 clever strategies. Read more
