Category: Housing

10 Ways to Save Money on Your Electric Bill

Two weeks ago my sister and brother-in-law moved into an apartment, and were concerned about the cost of rent and the electricity bills. When they called the electric company they quoted them $150/month, but after they signed the lease the landlord said it was closer to $185. With their already constrained budget this makes it …

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Airbnb vs Traditional Renting: How the Two Compare?

Over the last three months as I’ve delved into doing Airbnb, I’ve realized there are a lot of advantages and disadvantages of it compared to traditional renting. What has been even odder is that the house I’m Airbnb’ing is sitting next to a house that has been vacant for four months while it awaits new …

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Passive Income Streams: Nov 2016 Report

Almost to the end of 2016, and we are pushing hard to finish the year strong. It is amazing at how fast the year has flown by and my labor of passive income streams is producing a plentiful crop. These streams are going a long way to help us payoff our mortgage 17 years early …

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5 Things to Keep in Mind Before You Refinance (Advice From a Pro)

Several years ago my wife and I decided to refinance our home (and then a year later, our rental house). One of the main reasons for the refinance was to lower our monthly payment as well as take advantage of the lower interest rates. Another factor was that we didn’t have any short or long-term …

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3 DIY Projects That Saved Us Thousands This Year

2016 has been the year of the DIY projects. And for a fella like me who recognizes that not all men are equipped with handyman skills (like myself) and would prefer to outsource such tasks to more qualified persons, these jobs were a bit stretching, to say the least. I certainly did not go gung-ho into these projects, but was …

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Does Debt Freedom Scare You?

Today I applied a pretty big lump sum to my mortgage in my pursuit of freedom from debt. Yep. I got paid out for my vacation from leaving my previous job, and from the money we have made from doing AirBnB. It is really amazing how the Lord has blessed us as we’ve progressed in …

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How to Make Money Listing Your Home on Airbnb

At the end of August, my neighbor and I were talking about him being gone for three months on a military deployment. He’d mentioned that one of his co-workers had rented out his apartment while he was gone on Airbnb, and had been able to make money while he was out of the country. For …

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How Small Processes Are Costing You Big Bucks

In 2009, when I was taking over all my dad’s farming operations, he said something very interesting about efficiency. He said, “Everytime you move grain you lose 2-3% of your grain.” Being the prideful guy I am, I immediately tried to prove him wrong. I know I could think of something that would contradict that. …

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Passive Income Streams: June 2016 Report

So far we are one month into our summer and the heat hasn’t let up here in the midwest. I love it! I love running in it too. Call me crazy, but the heat and humidity really fuels me to push my body to higher limits in what I can do. So far this summer …

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6 Areas to Save the Most Money On Your Reoccurring Expenses

As I developed the Two Checking Account System, I soon realized that my budget had a lot of fat in it. The majority of my waste was in my fixed expenses. It was frustrating, because I knew that these were commitments that I was locked into. Because of how the Two Checking Account System works …

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