June, 2016 Archive

★ How We Paid Off $124,000 in Debt in 3 Years

“The one thing that stood out to us, and that would become critical to our success in our war on debt, was building a better income...

★ The Simple Path to Wealth

“During four years together, I couldn’t persuade Kim to manage her own retirement savings. Collins convinced her in two weeks. His advice is that good.”...

★ I Had to Learn to Stop Splurging On My Son

“I had the money, and it seemed so harmless to buy something for my son whenever I felt like it. It made him happy, and I felt a surge of happiness too, a rush of endorphins basking in his smile.”...

★ Why I Don’t Want to Be Self-Employed Anymore

“Being self-employed is a terrific option for some people… But it’s a lot less glamorous and a lot harder than you might think.”...

★ A Spending Rule If You Want to Be Bad

“To overcome spending dysfunction, I’ve come up with a no-brainer ratio to help people spend responsibly… The FS:RS says that in order to spend $1 on something unnecessary, one must FIRST spend $2 on something beneficial.”...

★ Humans vs. Pigeons

“Our need to predict the future, and our confidence that we can do so, are so strong we keep trying in spite of evidence that it is not possible and that our efforts are harmful.”...

★ The Real Reason I Live Debt-Free

“Be realistic about what life is, and try to enjoy the hell out of it. But for the love of everything good in this world don’t be dumb with your money, because you WILL need it.”...

★ How a Spreadsheet Changed My Career (and My Life)

“Once we had clear values in mind, the scientist in me took over and created an Excel spreadsheet to rate cities we had an interest in exploring in terms of how well they aligned with each value.”...

★ Could You Cover an Unexpected Bill in Cash?

“Two-thirds of Americans would have trouble immediately paying an unanticipated bill of $1,000. Eleven percent say they would not be able to pay an unexpected bill of $1,000 at all and another 45 percent report they would need to borrow money.”...

★ How I Made $655 Off Craigslist Gigs in 1 Month

“In 1 month, I secured over 35 hours of payable work, averaging over $18 an hour, increasing my monthly income by $655, all from unskilled Craigslist gigs… And I documented all of it on this spreadsheet.”...