Tag: savings

Why You Can’t Be Trusted to Save Money

I was skimming through Reddit and found this (kind of) offensive video on “Why American’s Are So Bad at Saving Money“. Here, have a look and let me know what you think in the comments section. To the author’s credit, it’s true we aren’t doing so great at saving money. As the video states, in …

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How Long Could You Live Without a Paycheck?

Back in 2012 Huffington Post reported that two thirds of American households are living paycheck-to-paycheck. Quoting the results of a survey from the American Payroll Association, they reported that 68% of households would find it “somewhat difficult or very difficult if their paychecks were delayed for a week”. Are you one of the majority who …

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6 Things You Should Do With Your Money in Your 20s

The last semester of college, a moment in quantitative methods class changed my life. That day, ears perked up when the professor said, “What if I told you that you could become millionaires by only investing from 22 to 30, and never invest another cent?” A lot of the students laughed, but the professor said he was …

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Ooma Small Business Phone: Now Offering Phone Savings to Businesses

Recently while reviewing the Ooma website I noticed that Ooma just released the Ooma Small Business Phone Service! With how successful my Ooma Telos Phone Service has been for me personally (check out my home phone service review) this may be a good option for businesses that needs five phone extensions (or 15 virtual extensions), …

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What to Do in 2013: Establish an Irregular Expenses Account

Over the Christmas break, I’ve been reading “7 Money Rules for Life“by Mary Hunt. It’s a great personal finance book that chronicles Hunt’s own struggles with money and how she eventually set up some “rules” that got her on the road to financial freedom. One of the things I thought was unique is her idea …

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How to Save Money Like the Romanian Wonder

When I first started my out-of-debt journey, I roomed with a guy from Romania. This fella did a lot of things well. In fact almost everything he did – he did well (I know, those people are hard to be around, right?). He soon earned the nickname, “Romanian Wonder” through some of his exceptional exploits. …

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Tax Tips for Withdrawing Retirement Funds Early

**This is a guest post from my (Charlie) mother-in-law, who has always given me great tips to lower my tax bill. Enjoy!** As a certified public accountant, one of my most frequently asked questions during the last year was “What are the tax consequences for taking money out of my retirement fund to pay consumer …

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2012 Memorial Day Savings

Happy Memorial Day to you! May this weekend be a time of honoring those who have served the US so valiantly and remembering the many who paid the ultimate sacrifice. May God continue to keep us grateful and humbled by the privilege of living in a country that values individual freedom. In observation of this …

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How to Prepare for Retirement

 A couple of days ago when I was running over my lunch hour I came upon a road sign that said, “Speed Limit 35”. Funny thing was it was tracking me and not all the cars that were going by. So I decided to have some fun with it. I started to speed up and …

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