A couple of weeks ago I shared with you ten characteristics of debt-free people of modest means.
In that article I specifically asked my readers to consider this question:
“Why is it that there are families out there with household incomes under $40,000 comfortably making ends meet and saving for retirement with no debt on the books – or at worst, a single mortgage payment – while others who make millions per
Continue reading If You Can’t Live on $40,000 Per Year, It’s Your Own Fault.
by David Hamilton
Are you still making excuses that you can’t go to the gym because it’s too expensive? Or can’t afford a new bike to exercise?
Be afraid, be very afraid, because you’re about to encounter some simple, cost-effective, ideas for you to work out on your own at home or somewhere outside. So no more excuses for not getting into shape!
1. Running in the Park – Let’s start with the
Continue reading 10 Ways to Get Fit for Little or No Money
The other day a friend and I were discussing why some people manage to live their lives in complete control of their finances, while others are constantly trying to get out of debt fast – and usually in hock up to their eyeballs no matter how much money they make.
I’ve preached that financial freedom can be achieved by anybody regardless of their income level more times than I care to
Continue reading 10 Key Characteristics of Debt-Free People (of Modest Means)
Yes, school is right around the corner and the Honeybee is once again gearing up for another season of endless sandwich-making for the kids’ brown bag lunches. She won’t be alone.
Every day millions of people pack a sandwich or two to eat for lunch at their school or place of employment, and who can argue with that strategy?
While I realize that packing a homemade lunch is more economical and
Continue reading My 2nd Annual Brown Bag Survey: The 10 Most Economical Sandwiches
That’s right. Although having a million bucks isn’t as impressive as it once was, it’s still nothing to sneeze at.
In fact, Reuters reports that in 2009 there were 7.8 million millionaires in the United States.
That’s a lot of people, people. And the odds are one or two of them are living near you.
Heck, one of them might even be your neighbor. In fact, the odds are very good that it
Continue reading 19 Things Your Suburban Millionaire Neighbor Won’t Tell You
The things I do for this blog in the name of personal finance.
One day last month I got into a lunchtime conversation at work with a contractor who tried to convince me he had good reasons for putting premium gasoline in his Toyota Corolla, the biggest of which was that he got better gas mileage. I found that a bit hard to believe – but more on that in a
Continue reading It’s True: Premium Gasoline Is A Lot Like Male Enhancement Drugs
When it comes to breakfast, kids can be real cereal killers. Unfortunately, for those of us trying to keep our grocery costs reasonable, name-brand cereals can be a very expensive proposition.
When I was growing up, I remember my sister pounding down multiple bowls of Froot Loops and Lucky Charms every morning.
I enjoyed kid cereal too – Apple Jacks and Frosted Flakes are still favorites of mine – but I never
Continue reading Taste-Test Experiment: An All-Kid Panel Evaluates Name-Brand vs. Store-Brand Cereals
When I was a kid back in the 1970s most everybody drank water from their tap.
When me and my friends were playing outside and we needed to quench our thirst, we ran up to the nearest neighbor’s water spigot and grabbed a drink from the hose.
Not any more. Now it seems like almost everybody drinks bottled water.
I even see the neighborhood kids carrying around bottles of water now when they
Continue reading Taste-Test Experiment: Bottled Waters vs. Filtered Tap
As many of you know, I live in Southern California; cars are king here. Most of us who live in Los Angeles can’t even spell “public transportation.”
That’s why it was big news when I found out my employer was moving 21 miles down the road, effective last December. That move more than doubled my previously care-free 17-mile commute and I wasn’t too happy about that.
The public transportation system here is
Continue reading Evaluating The Costs of a Longer Commute: When It’s Better to Just Suck It Up
Are name-brand groceries really worth the extra cost when alternative cheaper store-brand groceries are available? More specifically, when it comes to edible products, does the quality and taste of name-brand products always justify the price premium which can often be as high as 50 percent or more?
Last October I tried to answer that question, one of the great never-ending debates in the world of personal finance, by conducting a scientific
Continue reading My Store-Brand vs. Name-Brand Blind Taste-Test Experiment #2