Written by

From my perspective, short term and long term financial goals are fairly easy to plan. I want to spend less in the next month (and save more while paying down loans), and I want to save for retirement; these are fairly straightforward goals. The challenge for me was to define a set of intermediate-term goals – ones that I want to meet in the next five to seven years. These each give me a general goal to work toward that …

Continue Reading

The One Month Challenge

November 3 2006

I used to waste tons of money on silly little things. I did it so often and so regularly that I didn’t even realize that it was adding up to a huge dent in my finances. A pack of Tic-Tacs here, a CD there, a DVD here, a new book there… it wasn’t long before I was dropping hundreds of dollars a month on silly things and not putting together the bigger picture. When I reached my financial rock bottom …

Continue Reading

Last time, we reviewed the mistakes I made during my earliest days of dealing with my own finances, and it was clear that I was already showing some grave errors in financial planning. After high school, however, I found my way into college, an environment where I would have an opportunity to learn many things, including the meaning of financial planning. Unfortunately, I made just as many mistakes there as I did in high school. I would have never gone …

Continue Reading

I just finished reading Freakonomics and I’ve never been as disgusted with a “nonfiction” book as I am right now. It seems to violate every fundamental principle of any organized school of rational thought – and yet somehow it’s a best seller. At every single turn throughout the book, Levitt and Dubner attempt to apply seemingly unrelated explanations to natural phenomena under the premise of “a different approach to economics.” Yet even trivial internet investigation can indicate that in fact …

Continue Reading

If you’re reading this, you likely have ready access to a computer with an internet connection. Most people are aware of a few ways that a personal computer can save them money, but there really are a plethora of simple, ethical ways that anyone can use a computer to make a few dollars. Here is a list of 14 ways your computer can put money in your pocket that anyone can do without ripping anyone off. Many of these ideas …

Continue Reading
Written by

Here are some unorthodox tips for selling stuff on eBay while minimizing your own cost. Not only do the tips minimize the money one has to spend on an auction, but they generate sales on par with other items in the same category (and often higher) and create very happy customers. I have been selling items on eBay for years with a 100% feedback rating using this strategy and I feel it is rock-solid. Here are the prongs to the …

Continue Reading

It’s amazing how a baby can turn your life upside down. There is nothing that surpasses the feeling of holding your own child for the first time, looking down at the baby’s face, and realizing that they depend on you for everything. What you soon find out, though, is that everything is quite expensive. Here are six less obvious financial lessons that my baby taught me in his first year of life that will save some serious money the second …

Continue Reading

Supermarkets are designed to mess with your mind. I believe firmly that they are designed by a room full of middle management folks, sitting in an office somewhere with their coffee and suits, chuckling over the tricks they’re pulling on the populace. Stores are often organized so that the most commonly purchased items are on the far side of the store from the entrance, so that you’ll have to walk past lots of frivolous items to find the things you’re …

Continue Reading
Written by

During the first installment, I learned some pretty terrible money concepts in my childhood. I believed that money was the method to buying instant happiness and that accepting free things was wrong. I also missed out on any opportunity to learn about personal budgeting or finance simply because there was no opportunity for it. When I became a teenager, I began to have opportunities to raise money from my own work. I became heavily involved in the Future Farmers of …

Continue Reading

A One Day Commitment

November 1 2006

The hardest part about changing your spending habits is simply getting started. For me, I was in a routine of eating out for breakfast and lunch every single weekday, plus I would stop all the time for frivolous purchases that I didn’t really need. I knew they were adding up to a lot of money, but I didn’t know how much until I started to really sit down and evaluate things. And it all started with a single day. One …

Continue Reading

Our Featured Contributors

Simple Share Buttons
Simple Share Buttons