There’s a powerful financial tool that can help you make the most of your money. It’s a secret that can stretch the dollars you earn in ways you’ve never imagined and help you worry a lot less about your money. Month after month, it can help you keep more of what you earn and cut your wasted expenses to a minimum. Continue reading
When many people talk about financial security, they point to outside factors. They measure their security based on how much their employer pays them, how much they’re forced to pay in bills each month, or events that affect their finances, such as car breakdowns or health issues.
The reality is that your financial situation has less to do with outside factors like those, and more to do with choices you make. I’m sure you have a friend who is always stressed about money, but you can’t help but notice that he or she always has new clothes, buys a new car every couple of years, and travels extensively. Continue reading
After a hectic workweek, it’s natural to want to decompress over the weekend. Watch out though, because these two days can be the most expensive of the entire week. Here are three common weekend money traps, and how to avoid them. Continue reading
By Dr. Penny Pincher, WiseBread
Frugal people who pay off their debt and achieve financial independence don’t succeed by accident. They establish habits that allow them to consistently reach their goals over the long haul.
During the past few years as a personal finance blogger and author, I have noticed that the most successful frugal people tend to follow a common set of habits. These same habits remind me of the traits that Stephen Covey detailed in his popular 1989 book, The 7 Habits of Highly Effective People. For this article, I kept the original seven habits, but updated them for achieving financial independence today.
What are the seven habits that allow some people to excel at being frugal? Continue reading
Most people have a checklist they go through before they leave the house. Is the stove turned off? Are the doors locked? Do I have my wallet, my keys and my cellphone? The only thing that has changed about that process in the last few years has been the addition of that last item on the list. Continue reading