I must start by saying that we did all of these at some stage in our money saving and some of them we still do all the time now. We had a period of our lives where we were paying off debt, then paying down chunks of our mortgage. I always add a disclaimer that…
The 3 Traits Warren Buffett Says He Looks for in an Employee
From time to time I speak to young professionals trying to make their mark on the world in politics, academia, or journalism. The question I encounter the most is this: “What’s the best career advice you give to young people trying to make it.” My answer often touches on the importance of perseverance, because it’s…
5 Ways to Cut Household Costs This Year
2022 is here, guys! There’s no better time than the beginning of a new year (after all that crazy Christmas spending) to get serious about saving money. And one simple way to do that is by looking for ways to save around the house. So, here are five practical ways to cut back on household…
Budgeting for Car Repair Costs
Dear Dave, I am following your plan, and recently became debt-free, but I have a question. When doing a monthly budget, should I figure in a specific category for car repairs and maintenance, or just use my emergency fund? —Ashleigh Dear Ashleigh, Congratulations on becoming debt-free! You know, new cars, old cars, and in-between cars…
Is Retail Therapy Causing You to Overspend for the Holidays?
It’s the most wonderful time of the year—for buying gifts. And while you’re at it, you might as well buy something for yourself, right? We’ve all been there. Remember in Friends when Monica bought those super expensive leather boots on impulse? She ended up regretting it because they really hurt her feet. Womp, womp! Listen,…
The Zero-Based Budget
Dear Dave, I have a good job and make pretty good money, but I’m tired of always worrying about my finances and being strapped for cash at the end of the month. I’ve heard you talk about getting out of debt and living on a zero-based budget, but what exactly is a zero-based budget? Edward…
Do I Need to Drink Filtered Water or Is the Tap OK?
These days, a trip to the grocery store requires nerves of steel. The cost of everything, it seems, is soaring. Why? Can we blame the pandemic? Will prices return to pre-pandemic levels once this thing settles down? Will it ever go away? Who knows? One thing is for sure: It’s time to hunker down and…
Budgeting for Christmas
Making a list, checking it twice. Oh wait, it’s not the holiday season quite yet? You may still be enjoying time at the pool, but if you haven’t started yet, now is the best time to start budgeting for Christmas. When you make a Christmas budget ahead of time, you can stop the holiday stress before it…
50 Budgeting Tips for Small Business Owners
Business is all about money. As a business owner, you want to make as much as you can and be frugal where you have to be. Budgeting for payroll and paying expenses can be hard at times. In this post we’ll teach you a few budgeting tips for small business owners like yourself to take…
8 Unique Ways You Can Be More Productive With Your Income
Efficiency doesn’t just have a place in the office. Your money can be efficient, too, if you know how to be productive with your income. Personal finance is a tricky subject, of course. Everyone has their own goals—a car, new appliances, pursuing new investments. Similarly, everyone has their own obstacles, ranging from debt to uncertainty…
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