A custom debt-reduction budget that fits your own family’s size, needs, etc., is crucial to debt reduction success.
There are four factors to consider when you are selecting an investment manager, namely: Philosophy, process, people and performance. Investors often focus on performance to differentiate between prospective investment managers. An investment manager’s past performance, while an important factor to consider during your selection process, does not always guarantee success in the future. Read more
One of our most popular posts, I’m republishing this with updates. Something for every dad on your list here!
With Father’s Day just around the corner, we thought we’d share some great gift ideas for those who want to pick up a little (or big) something for dad or hubby on Father’s day. Surely there’s something for everyone on this list. From the fun to the simple to the extraordinary, pick a gift and spoil your dad or husband a bit this Father’s Day.
One of the ways we save money on healthcare is by making sure we implement cheap or free workouts into our week. Hiking is one of our favorites. We’re lucky that our state is loaded with awesome parks that boast miles of hiking trails. This guest post by Mike from ShoeMatters will show you how to hike frugally and have fun at the same time. 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
Alas, it’s the final post in this marathon of information that hopefully increased your knowledge base during Financial Literacy Month. Learning about money management is a lot of work, but it’s one source of education that will most surely pay off if you’re willing to put into place the pearls of wisdom you learn. And here, my friends, are more pearls for your collection. Read more
This guest post of courtesy of my blogging friend Michael, who blogs over at Stretch a Dime. Enjoy!
Some years back, I bought a young lime plant, and planted it in my backyard. I spent a good amount of time taking care of it when the plant was young. In a few years it grew to become a decent sized lime tree and started producing lime.
My daughter and I would go and harvest the lime. We would make fresh limeade and my family would enjoy it. Every summer, we would harvest literally hundreds of lime. We would give away some of the produce to our friends. Read more
Today we have a guest post from my good friend Kayla, who shares tips on personal finance management and side hustling over at kaylasloan.com. Enjoy!
So, you want to start investing…but you aren’t sure where to start? I totally understand! I too am just starting to dip my toes into the world of investing now that my high interest debt is paid off.
There are so many options available to choose from. Read more
It’s been another fast-paced week in the personal finance blogging world and in life. We’re in the last third of Financial Literacy Month, and PF bloggers everywhere are scrambling to make an impact on the world, sharing what they know to help others live a better financial life.
I found a terrific article on Retire Before Dad this week called Never Regret a Paid Off Debt. If you’re vacillating on whether or not to make the leap and work toward debt freedom, this is for you. Likewise, if you’re one who is in favor of keeping debt and investing all extra money, you might find this article interesting as well.
Jack from Enwealthen continues with his powerful series, Financial Literacy Chronicles. It’s awesome to read about all of the different bloggers and how their money mindsets were formed. Head on over – I’m sure you’ll find them both entertaining and educational.
Since we focused so much on retirement this week, I thought this article from The Retirement Manifesto was perfect to include. Fritz and his wife wrote an article entitled How to Move Your Retirement From Good to Great, which outlined how they made a stellar move that increased the quality of their retired life in many ways – awesome!!!
I never thought it could be done, but the Groovys have managed to make a connection between Animal House and money management with this goodie, entitled The Dean Wormer Guide to Personal Finance. In his typical humorist style, Mr. Groovy will make you think about money and movies in an entirely different way. 🙂
Brian from Debt Discipline broaches a powerful topic in his post, Financial Education: School or Parent – Which is a Young Person’s Best Bet? Anyone who has struggled with money problems would likely agree that it is vital for kids to learn about money management at a young age. The question is who should teach them?
And you might find this article interesting. Over at Maximize Your Money, I shared a post telling Why We Left Suburbia for Life on a Hobby Farm. Hint: It ended up having a LOT to do with money, even though that wasn’t our original reason for moving.
And on our site this week we featured the following great articles:
Kids and College: How to Help Them Without Hurting Yourself Financially
Why and How to Start Saving for Retirement NOW
What to do if You’re Late to the Retirement Savings Game
and as a bonus: How Much Does it Cost to Homeschool?
Th….th……th…..that’s all, folks. Have a wonderfully financially fit weekend!
This is a question I get asked fairly often, so I thought I’d address it on the site. We’ve been homeschooling our kids for twelve years now, since the beginning of our oldest daughter’s education. We currently have an 11th grader, an 8th grader, a 6th grader and a 5th grader. The answer to the question “How much does it cost to homeschool? can have a wide variety of answers. Read more
This week, in honor of Financial Literacy Month, we’ve been focusing on retirement savings. I talked on Monday about how to balance retirement savings and debt payoff while helping your kids out with college costs, and on Tuesday Brad from over at Maximize Your Money shared an awesome post on why and how you should start saving for retirement now. In Monday’s post, I shared that nearly 1 in 3 Americans have no money saved for retirement, and that 56% of Americans have less than $10,000 saved for retirement. If you fall into one of those two categories and are in your 40’s, 50’s or beyond, no worries. Today’s post is for you. Today we’re going to talk about what you can do if you’re late to the retirement savings game. Read more
