• Finances,  Frugality

    Live Beneath Your Means

    The other day an acquaintance approached me for a loan to pay their overdue water bill. They knew that the bill had been due on the 10th of the previous month; instead of paying it then they decided to do some other things with the funds since their water wouldn’t be shut off until the first of this month and…

  • Finances,  Life

    The Necessity of Facing Reality

    Now that I’ve had time to breathe, it is time to face my current reality. I need to know what I’m facing in order to move forward. Facing our current reality is a necessity. Burying your head in the sand won’t help one bit. You must know exactly where you stand, regardless of how shaky the ground so that you know…

  • Finances,  Frugality,  Happiness

    The Diderot Effect

    The Diderot Effect has been used as a lesson against mindless consumerism since the minimalist movement began. The moral of the lesson is always the same: buying something nice will lead to us buying other nice things until we’re broke and miserable. I was right on board with that thought from the beginning. Why should we strive to buy better…

  • Finances,  Frugality

    Rock Bottom

    I do believe I have now officially hit rock bottom as far as expenses go. With my daughter as my official roommate, she splits half of the household expenses with me. Here is a breakdown: Rent: $250 a month Electric: $50 avg. in summer Water/Sewage/Trash: $39.88 Internet: $30.59 Total: $370.47 My Half: $185.24 As usual, I am not including the amount we spend on…

  • Finances,  Frugality

    Frugality is Not Enough

    As I write this my home looks like there was an explosion in a clothing factory. I’ve spent the past few days washing laundry in my bathtub to save a bit more money this month. It is times like this when I dream of owning a washer and a dryer; it would be absolute heaven not to have to drag…

  • Finances

    Do You Dream of Financial Freedom?

    Imagine waking up whenever you want to, without the need of an alarm clock. You sit up, stretch, and ask yourself: What do I want to do today? This is the life of financial freedom. You don’t have to work; you have enough passive income to cover your needs. Your time is your own. You can rest, learn something new, visit…

  • Finances

    The Power of Priorities

    We don’t think much about priorities. We’re usually too busy putting out fires in our day-to-day existence that we shove them aside. This is a serious mistake. When we don’t set priorities, we set ourselves up for failure. My personal goal is to achieve complete financial freedom. In order to achieve that goal I set a series of smaller goals…

  • Finances

    Called on the Carpet

    The other day I was scanning a customer’s items at work when one of my managers approached me. “You’re due for your break now, aren’t you?” she asked. “Whenever!” I chirped. “Would you mind coming to the office before you clock out for it? We have something to discuss with you,” my manager asked. “Um, sure.” I watched her block…

  • Finances,  Investments

    The Fear of Being Wrong

    I ran my bank account a bit lower than I like at the end of August. It was a deliberate choice; not only did I want to give my daughter one last, really nice birthday in light of the fact it may be the last one I spend with her, it was the last time I would have free trading…

  • Finances,  Investments

    Investment Update

    The other day I closed out my books for the month of August. Here are the numbers: Beginning Balance: $1,340.61 Dividends received: $20.46 Personal Investment: $286.00 ———————————————— Total Invested in the stock market: $1,647.07 August was a tight month. I had to set aside some funds to celebrate my daughter’s 19th birthday. Since this very well might be the last…

  • Finances

    The Art of Definite Action

    As I mentioned in a previous post I am concerned about my finances for the upcoming winter. Rather than allow the fear to eat at me I decided to take some definite action and meet the concern head-on. Up the street from my home is a gas station that happens to be hiring, not only for cashiers but for management…

  • Finances,  Frugality,  Housing

    Winter Worries

    The kid will be moving out this winter. She plans to get married once her fiancée graduates BASIC training and move on base with him once he gets things sorted. Here’s a picture of him in training: The demon Fear has raised its ugly head since I’ve received this notice. She will probably move out mid-winter when the bills are…

  • Car-Free,  Finances,  Frugality,  Housing

    Frugality and the Pareto Principle

    According to the 80/20 Principle, 20 percent of actions will provide 80 percent of results. This is especially true when it comes to frugality. When you break it down the majority of money I personally save falls into two main categories: housing and auto. By renting a one-bedroom house in a less than ideal area, I saved $200 a month…

  • Finances,  Frugality

    Why Bother Saving Money?

    A common question I receive from family and friends is “why bother to save money?” Their reasoning is that, if they can afford it, they should enjoy every penny they have to spend. There’s nothing wrong with this logic on the surface. We’ve been trained to believe that we no longer really need to save for retirement or for protection…

  • Finances,  Inspiration,  Investments,  Simplicity

    The Magic of Time

    I moved to this house in April 2011. In the fence row of the front yard was a little sapling beside my front gate. My friend Mr. A wanted to chop it down. I told him to leave it; it would grow into a fence post eventually. That sapling was so insignificant that I never even bothered to photograph it.…

  • Finances,  Investments

    A Goal of Freedom

    With all of the work I’ve put in to learn about investing and the stock market I’ve allowed one important piece to fall to the wayside. I need a concrete long-term goal to focus on in order to not only have a measuring stick of my progress but to inspire me during the dark hours. I woke up this morning…

  • Finances,  Frugality,  Investments

    Frugality is Essential for Success

    Everywhere you turn these days one can find ads touting this investment or that business as the way to “get rich quick.” Just buy this course or whatever and money will flow into your life like a raging river. Bull crap. There’s no such thing as “get rich quick.” It’s all a scam to part us with our hard-earned money. …

  • stop button
    Finances,  Frugality,  Organization

    Moratorium

    Everyone’s needs change over time. You may slow down or stop using an item, or you may start to use something else instead. It’s just a part of life. For instance, I was a big fan of pencil and paper. I not only write copious lists, I also composed my book/blog drafts and kept a journal in paper format. To…

  • Finances,  Investments

    The Challenge of Investing in the Stock Market

    One of the major challenges of entering the stock market on a shoestring is brokerage fees. These are fees that you have to pay any time you buy or sell a stock. While there are a number of discount brokerages out there, many of them require that you open an account with anywhere from $500, $1,000, or even more. When…

  • Finances,  Frugality

    How I Made an 82.82% Investment Return on $7.56

    One of the smartest decisions I have ever made was to take business classes in high school. I learned how businesses save a fortune simply by buying the items they use in larger quantities instead of as they use them. Unfortunately, this teaching runs counter to how many people manage their finances. They only have so much money until payday…