Author Archives: Don

Finances And The Single Life: How To Date Frugally

Finances And The Single Life: How To Date Frugally

Being single has its ups and downs. On the one hand, you have infinite freedom. You can come and go as you please, without having to check in with anyone (unless you still live with Mom and Dad). You also get to focus 100% of your efforts on yourself and getting ahead career-wise, financially and just simply improving yourself to be better than you were before. But being single also has its downsides. For one, it takes more effort to find someone to go out with all of the time as you donít have a significant other. And of course, being single and dating costs money. In this post, I am going to show you some tricks I used when I was single to help keep my budget in check while at the same time enjoying the company of others.Continue Reading

Are You Cheap or Frugal?

Are You Cheap or Frugal?

There is a raging debate going on today about the difference of being frugal and simply being cheap. Do you know the difference? Better yet, do you know which category you fall into? While there is nothing wrong with being frugal, being cheap is another issue. Below, you will see why being cheap is not ideal and how to know which one you are and how to change if you are cheapContinue Reading

Using Time To Your Advantage

Using Time To Your Advantage

Do you value your time? Do you do things now that will pay off in the future? Many of us tend to focus on earning money and not so much on time. But this is a recipe for disaster. In fact, you need to take time into account when you are deciding on earning money. After all, the saying ‘time is money’ is very true. Below, learn how to use time to your advantage so you get the most out of life.Continue Reading

Should You Buy The Extended Warranty On A New Car?

Should You Buy The Extended Warranty On A New Car?

You know how it goes, you agreed to a sale price and you are in the finance manager’s office. He is trying to sell you everything under the sun. This includes an extended warranty. Before you instinctively say no to this option, you really need to think things through in order to make the best decision for you. In this post, I will help you decide if buying the extended warranty on a new car is worth the price or not.Continue Reading

Making The Most of Side Income

Making The Most of Side Income

The path to financial freedom is found in a simple equation: income less spending equals savings. To increase your savings, you can work on either piece of the equation. You can increase your income or you can decrease your spending. Of course, the smartest option is to do both and really supercharge your savings! Today though, I am going to focus on increasing your side income.Continue Reading

Doing Your Homework When Choosing A Financial Advisor

Doing Your Homework When Choosing A Financial Advisor

Many people find the task of investing their money uninteresting or even overwhelming. While I suggest you make it a point to learn the basics when it comes to investing, I realize that not everyone is cut out to be their own financial advisor. For this reason, it may make sense to hire a professional to handle your money for you. In this post, I am going to show you what you should be looking for when choosing a financial advisor.Continue Reading

Investing Your Emergency Fund – Yeah or Nay?

Investing Your Emergency Fund – Yeah or Nay?

We all know the importance of having an emergency fund. Should something unexpected happen, we can take the stress that is related to it in terms of finances out of the picture and spend our energy focusing on how to get through the difficult times. But in the low-yield environment that we are living in, many people are looking for options to boost the return of their cash. Many have turned to investing their emergency fund. Is this a smart move? What are the advantages? What are the disadvantages? I cover all of these below, helping you to make the best choice for your situation.Continue Reading

Think Twice Before Skipping Auto Insurance

Think Twice Before Skipping Auto Insurance

In most states, it is a requirement to carry auto insurance. However even with this law, many drivers do not have coverage at all. In the states that do not require auto insurance, many drivers think they are doing the smart thing by saving some money. The truth is you are asking for trouble if you don’t carry auto insurance, regardless if your state requires it or not. Below are the reasons why.Continue Reading

Switching Cell Phone Carriers To Save Money

Switching Cell Phone Carriers To Save Money

Almost daily I read a new story or even see an ad about moving away from the big 2 cell phone carriers (Verizon and AT&T) and going to a smaller carrier. Doing so can save you a ton of money the ads claim. Curious about this, I looked into these secondary carriers to see what they were all about and I was surprised at what they were offering and at the price they were doing so. Below you’ll see what I learned and what to look for when shopping for a new cell phone carrier.Continue Reading

Going To College Is More Important Than The College Itself

Going To College Is More Important Than The College Itself

Here in the US, we have gone from needing to get a college degree to be successful to needing to go to an elite college to be successful. Sadly, this is misinformation that many students (and parents) blindly follow. Below are 4 reasons why it is more important that you simply go to college than it is where you go to college.Continue Reading