We’ve been talking about ways to keep home and personal expenses straightforward through a myriad of cost-cutting strategies and smart money management. I now want to offer advice that’s not exactly related to money, but can nevertheless have an impact on a person’s finances: Keep your home free of clutter. Just as a cluttered mind makes it difficult to focus on work, a cluttered home can make frugal living challenging. Unfortunately, it has become the norm to work hard and earn more to have more money to buy more things. An early report from the LA Times proves this is true for many American families. The average US household has 300,000 things, ranging from a paperclip to a sock to
Many of us, including myself, aspire to become a business owner. To be clear, I believe there’s nothing wrong about being an employee until retirement.
Everyone wants to become wealthy, or at least have the luxury of not having to worry about paying rent on time, sending the children to a good school, and having enough funds for retirement. Everyone needs to understand, though — teenagers, most especially — that nothing “just happens,” unless you win the lottery for 10 million dollars or some other
Would you consider letting a virtual stranger into your home, sharing your personal space for a given time? Are you willing to give visitors free reign over your property, appliances, furniture, and other household amenities? If your answer to either is yes, then you’re cut out to be a home-sharing renter or a landlord. The question now is how to
Fear of accumulating debt is understandable. Many of us have it, especially those who have experienced first-hand how devastating and stressful paying a debt back can be. I’m not a stranger to debt myself. I put myself through the wringer working part-time in addition to holding down a full-time job when I was fresh out of college. I had student
Many of us, including myself, aspire to become a business owner. To be clear, I believe there’s nothing wrong about being an employee until retirement. How you make a living is a personal choice, after all. A business owner isn’t superior to an employee, and vice versa. I simply like being my own boss andbeing in control of my work