December 1, 2012

If You Know You’re Going to Be Late on a Bill, Call Them (335/365)

It seems so simple, yet it works so well. Sometimes a bill just falls through the cracks. We forget about paying it. We’re on a trip and don’t check our mail in time. A big unexpected insurance bill hits at the same time and we choose to pay the insurance bill first. A bill slides up to its due date – and then past it. […]

Ten Pieces of Inspiration #102

Each week, I highlight ten things each week that inspired me to greater financial, personal, and professional success. Hopefully, they will inspire you as well. 1. Haruki Murakami on money and time This was one of the most difficult lessons I’ve ever had to learn. “Spend your money on the things money can buy. […]

How Do You Stack Up Compared to Millionaires?

Dr. Thomas Stanley recently shared some average financial figures from Millionaires Next Door (he wrote the book) as follows: The typical millionaire next door is 57 years old. The market value of the home is less than 20% of net worth. Debt totals the equivalent of less than 5% of net worth. Annual income tax is the equivalent of about 2% of net worth. […]

Preparing for the inevitable

This is a guest post from Holly Johnson. Holly is a 32-year-old wife, mother of two, and frugal lifestyle enthusiast. She blogs about saving money, frugal habits, and whatever is on her mind at ClubThrifty.com. There are few occasions in life that anyone dreads more than the death of one of our parents. After all, our parents gave us life. They most often raised us. […]