Category Archives: Manage Your Finances

5 Steps To Smart Couple Finances

5 Steps To Smart Couple Finances

My finances were working out great. I had everything set up the way I wanted. Money was being saved for retirement. I had monthly transfers for some mutual funds I was investing in and I had the goals I was saving for written down and memorized. Then I met a woman. We eventually moved in together and got married. The chore of combining finances happened. Continue Reading

Why A Health Savings Account Is Good For You

Why A Health Savings Account Is Good For You

Thanks to the changing landscape of health care, more and more companies are pushing health savings accounts to their employees as a viable insurance option. While they push these plans because it saves the employer money on health care costs for employees, it can also save you money as well, both now and in the future. In this post, I am going to walk you through 6 potential benefits you could see if you decide to pick a health savings account as your insurance plan. Continue Reading

The Value of Adding Income Streams

The Value of Adding Income Streams

If you are like many people, you rely solely on your income from your primary job. You might think this is OK, but in reality, you are setting yourself up for trouble. When you rely on one income, you are at a major risk should you lose your job. How will you pay your rent or buy food? Ideally you have some savings to fall back on, but at the end of the day, if the economy tanks and your company lets you go, you are going to have to figure out a backup income source quickly. Continue Reading

The Value Of Skipping Expenses

The Value Of Skipping Expenses

Have you ever skipped out on an expense? There is great power in doing this trick. I am not suggesting you never buy something again or go without an item for an extended period of time, but rather going without for a short period. Doing this has a few benefits, which we will detail in this post. Continue Reading

Surprising Costs When Owning A House

Surprising Costs When Owning A House

I bought my house back in 2007. At the time, I was foolishly under the impression that my monthly mortgage payment was my only monthly expense on the house. Boy was I wrong! There are a lot of additional costs when owning a home. Some we might think of, while others slip our minds. It is important that we take into account as many of the added costs as we can because they could be the difference between getting by each month or going into debt, which will only lead to more trouble down the road. In this post, I am going to walk you through 5 comment surprising costs when owning a home. Continue Reading

4 Ways To Cut Energy Costs

4 Ways To Cut Energy Costs

We moved last year, so this is our first winter in the new house. We recently received the electric bill and had a mini-stroke. While we knew it would be more expensive since it was a larger home, we weren’t prepared for how much higher it was. So I set off to reduce the cost of electric and save us some money. In this post, I will highlight 4 main ways we reduced our bill by over $100 a month. Continue Reading

Live A Life Of Luxury Without The Cost

Live A Life Of Luxury Without The Cost

Wouldn’t it be great to have an amazing sports car in your garage? Maybe have an awesome beach house? We all want those things but we tend to only look at them on the surface. We see the amazing car in the garage but we don’t think about the cost of insurance, premium gas and maintenance. Same idea applies to the beach house. Continue Reading

Money Lessons My Mom Taught Me

Money Lessons My Mom Taught Me

With personal finance not being taught in schools, we learn about money from our parents. If they were good with money, odds are we will be too. But if they were bad with money, then the chances we end up with the same bad habits are likely. I was lucky in that my parents were good with money and I learned many valuable skills from them. In fact, I learned most of my money lessons from my mother, since she handled the money in our family. In this post, I share with you 4 money lessons my mom taught me. Continue Reading

What To Do With $1,000

What To Do With $1,000

You’ve been steadily saving your money and now you have a nice sum of $1,000. What should you do with your $1,000? There are all kinds of answers to this question and before you decide what you are going to do with it, you need to first ask yourself a few questions. Once you do this, you can better understand the right thing to do with your $1,000. Continue Reading

5 Dumb Ways We Waste Money

5 Dumb Ways We Waste Money

Do you waste money? You probably do. In fact, there are probably some things you do to waste money and not even realize it. I’ve been guilty of wasting money myself. In some cases, I didn’t realize it until someone else pointed it out to me. I’m hoping this post will help you to realize some places you are wasting money so you can make changes and start saving some money instead. Continue Reading