Category: Saving

How We Increased Our Net Worth by $8,750 This Year Without Earning More or Spending Less

Today we will outline the simple change we made to our financial plan that will increase our savings by $8,750 this year.  It requires no increase in earnings or decrease in spending.  The exact dollar amount for you could be less, or even more, depending on your marital status and tax rate.*  One of the […]

Taking The Next Steps

The path to building wealth, allowing for financial independence, early retirement or any other life goals you may have, is a ridiculously simple concept. Spend less than you earn.  Invest the rest wisely.  Become wealthy. However, most people find it incredibly difficult to implement this formula into their lives and actually build wealth.  Over the past few weeks, […]

Avoiding the Money Pit

Over the past few posts, we’ve been writing about what we feel are the biggest decisions people are faced with that will allow them to get started on the right foot financially and be able to develop a high savings rate.  This is at the core of almost everything else we talk about here when […]

Are You Driving Yourself to the Poor House?

Throughout the American lifespan cars are something more to people than the sum of their parts of metal, plastic and rubber.  A love of cars is instilled in many of us before we even have any idea why we would want to drive.  As the saying goes, “It’s as American as CHEVROLET, baseball and apple […]

We Saved $50,000 This Year With Less Effort Than We Spent Brushing Our Teeth

Everyone says that they would like to be rich.  People constantly talk about wanting more time to do the things they truly are passionate about.  Yet, most people take little or no action to actually achieve financial independence or figure out how to retire early.  Why is this?  I think that the biggest reason is […]

Investing Simplified-It’s Not What You Make, It’s What You Keep

At this blog, we frequently discuss the  “Golden Rule” of personal finance.  SPEND LESS THAN YOU EARN.  INVEST THE DIFFERENCE WISELY.  GROW RICH. Anyone can understand that if you spend less than you earn, you have a surplus. If you spend more than you earn, you’ll have debt.  This part of the rule is simple, […]