The car expenses were unplanned. Although we have an annual budget for car repairs, the unknown factor is when these repairs will occur. The same goes for travel. We can afford the furniture, or we wouldn’t have bought it. Dipped into the emergency fund this month!
When I was 12 years old, my family trekked out west to see the sights and visit our relatives, the Miller’s. The dad was a successful pediatrician and the mom was a nurse. It was so fun, the four kids were wild with the 2 year old jumping on the dining room table. (That never would have flown in my parent’s house.) To top it off, they lived near the sea. Through my 12 year old eyes this family seemed to have it all. Money, fun, and the sea. The Miller’s are now retired and struggling financia…
Personally, I’m sick of the crap that’s filling my inbox telling me how to get wealthy. If the sender has not achieved financial independence, why should I listen to him or her?
Insurance is an intangible that you buy and hope you never need. You buy it and see nothing tangible in exchange for your purchase. Not a fun or interesting purchase. In spite of the drawbacks, experience a catastrophe and if you are uninsured, your entire life can be ruined.
Welcome to a new guest contributor, the Broke Bitch. She is a new college grad with a minimum wage job. Enjoy her irreverent tips for saving and spending. Caveat; Her ideas are her own and I bear no responsibility for their content!
You’ve heard it before, the millionaires are not the folks riding around in Cadillacs and Porches but are those living in the modest home driving an older car. Hallam’s path to millionaire status was peppered with a cheapskate lifestyle for many years. This guy rode his bike 70 miles per day to work through rain and sleet.
For those looking for direction to build life and wealth skills, go outside of your family of origin to get role models that engage and excite you. Find mentors that are achieving what you are aspiring to.
Wealth has less to do with money and more to do with personal responsibility, risk taking, achievement, and determination.
“I always leave with less than I had before” The Wrestler, Bruce Springsteen. So I aspire, due to his inspiration to be more giving and more present in my advice to you. I am recommitted to giving you the best wealth building tools possible.
“I am proud to be paying taxes in the United States. The only thing is – I could be just as proud for half the money.” — Arthur Godfrey, entertainer courtesy of IRS.gov