The next time you go into a supermarket, please do me a solid, and kiss the clerk… or if you’re too shy, then at least shake her hand. She certainly deserves it, because modern supermarkets are truly a wondrous glory.
Last year, I wrote about what it cost to drive my electric vehicle for five years. The biggest cost of owning an EV is the cost of depreciation – the loss of value in the car each year that you own it.
One of the beautiful things about travelling to South America is that your dollar goes a long way. The second you step off the plane, you get a massive boost of wealth through FX magic. Thanks to a much lower cost of living and favorable exchange rates,
The personal finance community loves talking about FIRE – financial Independence (FI) and early retirement (RE). Conventional wisdom is that you can achieve FI with savings and investments worth 25-30 times what you spend each year. For example, a married couple who spends $40,000 per year can thus achieve financial independence with $1M –
Inflation in America is like a Chupacabra. Most people don’t even know what it is. Those who do, think it’s a mythical thing – like a beast that roams the woods of far off lands. For decades now, Americans have experienced very little inflation (with the glaring exceptions of the cost of college,
When you can’t get a plush salary job, you’ve got to find another way. That usually means finding unique and creative ways to sell goods or services. In America, we often call these jobs “side-hustles”. But in Latin America, this is the primary source of income for most people.
The personal finance community in the United States often talks about frugality. It’s true that being frugal and consistently saving money over years is the simplest and most straight-forward path to wealth. But, everything is relative. The things we consider frugal in the U.S.
I remember having a conversation when I was about 25 with my best friend at the time, Brian. I told Brian that I didn’t want to be burdened by a bunch of possessions. My ideal was to be able to fit everything I own into the back of a pickup truck,
If you have a somewhat-above-average professional salary, saving at least half of your income is totally doable. I’ve been doing it for many years, even while I was the sole wage earner for a family of four living in high-cost California.
Given the number of self-help books, motivational speakers, and online forums dedicated to discipline, I think it’s safe to say that lots of people realize they need discipline, and many struggle to obtain it. Discipline is one of the two primary keys to wealth.
While I am not nearly as dedicated as some other folks to credit card churning, it is such an easy way to make some extra cash and free bennies, that it is hard to pass up. I have been churning cards for about 2 years now,
Looking for another way to stick it to the Man? Here’s one of the quickest and easiest do-it-yourself cleaning recipes: DIY laundry detergent. I love this one because it is so easy. It only takes a few minutes,