February, 2015 Archive

★ I Dare You to Not Touch Your Tax Refund

“What could you possibly want right now in exchange for more money in your future?” —— Photo Credit: dizznbonn...

Debt, Frugality, Making Money, Most Popular

★ The $124,421 Man

“I’m the outlier, the best-case scenario, the happy ending, and still I’m left without much in savings, since it all went to the accelerated repaying of the loans. My fellow debtors took the same risk I did, but it hasn’t worked out for all of them. We used to be indebted to the...

Investing, Saving Money

★ The Scales Can Mislead You

“We all use different scales and equipment when making our decisions. Just remember to stand still for a little while, put all the important factors on, and let the scales find their balance. Hopefully you’ll make some better long-term decisions as a result, in your investments and more...

Building Wealth, Investing, Saving Money

★ Investing Broken Down to its Ridiculously Simple Core

“Paying attention to sales, scrutinizing receipts, negotiating bills — these are symptoms of an attentiveness to money. They’re symptoms of wealth. But they’re not the cause of wealth. You don’t grow wealth by clipping coupons and turning down the thermostat; you grow wealth by...

Making Money, Saving Money

★ The Only 2 Ways To Make Money

“Go after a handful of big fish, or grab bucketfuls of small fish. Do not grasp aimlessly for both.”...

Budgeting, Debt, Something To Think About

★ The Benefits of Using Cold Hard Cash

“I know I’m missing out on airline miles by using cash, but I felt this was a necessary step to implement good habits again. If you want to do the same, take stock of your spending habits. Some people have great self restraint. I did too in the beginning when I started using credit cards...

★ How “Letting Your Money Work for You” Really Works

“The way that wealthy people continue to build their wealth isn’t really a secret. They spend less than they earn, save the difference, and let the power of compound interest make it grow.” —— Photo by Ole Bendik Kvisberg / Edited by The Simple Dollar...

Minimalism, Something To Think About

★ The IKEA Effect

“When it’s in a box, it’s just a pile of parts. But once you assemble it, it’s your pile of parts! That furniture now represents more than just a chair, a box, or a 17-piece drawer organizer with specialty hinges. It represents your time, your attention, and your skill in...

Something To Think About

★ Change Your Perspective, Change Your Life

“The mind is a powerful thing. It is your mindset that can keep you strong, and keep you moving forward when times get difficult. Your perspective can have a dramatic effect on your day to day actions.”...

Early Retirement, Most Popular

★ Early Retirement Extreme Isn’t Everyone’s Goal

“There is nothing extreme about the suburban life we lead… Yes, we find ways to make extra money. Yes, we’re always questioning our expenses and finding ways to spend less. Yes, we may retire early. But that’s not our end game. That’s not the goal we’re striving...