There are many ticks that marketers use to help you part with your hard earned money. One of the tricks that they play is to get you to think and act on emotion rather than logic. Emotion is an enemy to the savvy investor and it should be the enemy to the student working on becoming frugal. There is one rule that I have with my wife; before I make an impulse buy I use the 24 hour rule. If after 24 hours I still feel like I need what […]

Kids and Money by Adam Mortimer I believe that every parent should strive to teach their children the principles of living a prosperous lifestyle. Wise parents know that this knowledge is one of the greatest gifts that they could ever give their children. If we are trying to teach them how to handle their money, it is crucial that we are leading by example. Teach them that they can accomplish anything that they want to accomplish in life and especially when it comes to their finances. Teach them to avoid […]

This weeks tip is brought to us by Dan Christiansen.

Back to the Basics Getting back to the basics and refocusing on what we are trying to accomplish should be a regular routine. Sometimes we can get to the point where we are trying to do so many things at once that we end up doing a poor job on everything. Focus on the things that are going to give you the greatest returns like tracking your expenses. Looking for ways to reduce your expenses and looking for ways to increase your income. If you keep your financial freedom plan […]