If you listen to personal financial advice very long you are bound to hear the term “sinking fund” tossed around. Unfortunately, it is usually mentioned in passing as if everyone knows the answer to the usual question, “What is a sinking … Continue reading
Photo courtesy of GoldenEel Yes, you read that correctly. Could you live on $800 a year, excluding utility bills, clothing, gifts, car, and house? Your reaction is probably like mine – what’s left? Well, a lot, actually. Consider how much … Continue reading
Over the last few weeks I’ve caught myself reverting back to some old bad habits. I have had a lot of things on my mind, and one of them hasn’t been money. While some may argue this is a good … Continue reading
For those struggling to get control of their finances, one of the often prescribed measures is to create an envelope system and live on a cash-only basis. This worked well for us when we initially made our financial turnaround. We … Continue reading
Going over to Grandma’s house and knowing she had just baked some fresh, homemade chocolate chip cookies is one of the the highlights of childhood. The tantalizing aroma of sweetness and chocolate wafting through the screened door always dominated my … Continue reading
