Email from a reader: Your retirement account grew by $120,000 in 2015? Bull!

I received an email a couple weeks ago from a reader who expressed disbelief that my “retirement account” (read: investments) grew by a whopping $120k this year – and the year isn’t even over, yet. I love this email.  It gives me the opportunity to point out how powerful a high savings rate can be … Continue reading Email from a reader: Your retirement account grew by $120,000 in 2015? Bull!

Bye bye Honda Ridgeline; will I miss you?

I’ve written in some detail about the mistakes that I’ve made in my past.  Cars, unfortunately, are included in that list (and perhaps the biggest part), and cars also happen to be one of the more significant drains on people’s pocketbooks.

It sure as hell was for me.  The cash that I’ve dropped over the years for automobiles has me literally cringe every time that I think about it.  I now realize that, had I been more sensible with my automotive purchases throughout my years living and breathing on this earth, I’d probably be another hundred thousand up in the ol’ net worth by now.

But hell, I can’t dwell on it now.  Mistakes were made.  I’m not perfect.  Life goes on. Continue reading “Bye bye Honda Ridgeline; will I miss you?”

Want to retire young? Believe it or not, you already know how it is done

Let’s face it – the large majority of Americans know how to retire young.  Most of us know that to retire significantly before our 60s, we must save our money rather than spend it.  Ultimately, it is the accumulation of wealth that enables us to quit our jobs and live out the rest of our lives in jobless bliss.  Truthfully, this isn’t rocket science.

Many-a-finance article, especially through our mainstream media, publish seemingly helpful tips and techniques to help you retire before you hit 60.  Things like savings and investing in the stock market, utilizing your company’s 401k plans, generally not spending on shit that nobody really needs.  Same stuff, different day…over and over again.  Almost never anything new. Continue reading “Want to retire young? Believe it or not, you already know how it is done”

10 Things You Can Do Today (or any workday) to Save Money Now!

If you are anything like me, you are constantly on the lookout for ways to save money that will make a difference, but also aren’t hard. Now that we’ve whittled our budget categories down to where we think they should be (at least until our next budget checkpoint in a few months), I’ve been looking for little things that can help our savings grow.

My goal is to spend nothing, 0, zipola on weekdays when I’m stressed and more likely to buy things I shouldn’t. We do our shopping deliberately on weekends with lists to prevent bad spending (intermittent spending, anyone?).

Here is a list of things I came up with that you can try to save money on any typical workday. Can you think of any others? Continue reading “10 Things You Can Do Today (or any workday) to Save Money Now!”