Man, I had a great day at work, let’s have a few drinks to celebrate! What a crappy day at work, I don’t know if I want to go back tomorrow. Let’s have a few drinks to relax. My best friend from college is in town this week! We’re going out for drinks tomorrow night!… Continue reading Giving up Alcohol Could Save You Big
Both a Roth IRA and a Traditional IRA have tax advantages, but the advantages of a Roth far outweigh that of a Traditional. In this article, I'll explain why. What is a Roth IRA?A Roth IRA is an individual retirement account (IRA) that allows qualified withdrawals on a tax-free basis. This means you pay taxes… Continue reading Roth vs Traditional – Which Is Better?
Investing diversification is a subject of much debate in personal finance, and it is my view that investing diversification (as traditionally understood) is not really a good thing. In this article, I explain why. For example, diversification can be if you spread your investments across all types -- including poor performing bond funds -- simply… Continue reading Investing Diversification (When It’s Bad)
While some are chasing get rich quick schemes and failing to get rich, others are practicing a technique that actually works; It's called get rich slow. In fact, most millionaires have built their wealth slowly. It doesn't take an exorbitant amount of income, either. One of the top groups of self-made millionaires is teachers, so… Continue reading How to Get Rich Slow: 6 Simple Steps
During the COVID-19 pandemic, sales on some items have skyrocketed. Here is a list of some of the best selling items on Amazon. Neck gaiter One of Amazon's top sellers in their clothing section is the neck gaiter. Not only will this help mitigate the spread of viruses like COVID-19, it also protects from the… Continue reading Best Selling Items on Amazon For COVID-19
If you've heard of Mint Mobile, you're probably wondering whether or not it's good. In this article, I share my experience with Mint Mobile and tell you why I think Mint Mobile is a good option to go with. In short, Mint Mobile is good because it's affordable, the coverage is good, and so is… Continue reading Is Mint Mobile Good? – Here’s the Truth
Are you currently in the market to buy a house and find yourself asking, "How much house can I afford?" Well, that's the question we'll tackle in this article. What do lenders say? The first step in the home buying process is getting pre-approved, but this comes with a bit of caution. The first thing… Continue reading How Much House Can I Afford on My Income?
Dave Ramsey's "baby steps" are detailed in his popular book, The Total Money Makeover. In this article, we'll take a closer look at each of those steps and see why they work. There are seven, so let's dig in! 1. Save $1000 At this point in the game, you're probably completely fed up with being… Continue reading Dave Ramsey’s Baby Steps – Why They Work
During hard times, companies sometimes decide to stop contributing to your 401(k). Naturally, you might be wondering if it's worth it for you to keep contributing? The answer, I think, is yes and no. Here's why I say no There is one main reason why I would stop making contributions to your 401(k) if your… Continue reading Is 401(k) Worth It If Employer Does Not Match?
Everything from gyms, hair salons, restaurants and other businesses, have all been shutdown do to the COVID-19 pandemic. I have had many conversations with people frustrated by not being able to do some of the simplest things - things they have always done in the past. I sympathize with these people because I know if… Continue reading Why COVID-19 Hasn’t Affected My Frugal Life