• Finances

    Thinking of Long-Term Goals

    Last night I fell asleep thinking about my long-term goals. Eventually I would like to own my own home and perhaps build a small real estate portfolio in order to provide yet another stream of passive income. I’ll have to build my credit if I want to accomplish that. I don’t like credit. Credit makes it far too tempting to…

  • Finances,  Frugality

    10 Reasons Why You Shouldn’t Save Money

    In light of how many people I see on a daily basis who refuse to save money, I started asking myself why this was a thing. To me, it makes perfect sense to live beneath my means but in my world I am in the minority. I thought I’d brainstorm to determine if perhaps my path was the wrong one.…

  • Business,  Happiness,  Success

    Paid Vacation

    Yesterday I received a treat that I’ve not had for many years: My vacation slip. In my years of focusing upon my children, I would stay at home during summer vacations, taking so much time off from jobs that I rarely ever saw one of these. In fact, I do believe I worked through the last paid vacation I earned.…

  • Economy,  Finances,  Security

    The Importance of a Financial Buffer

    The United States government shut down the other day. Regardless of your personal beliefs on the issue, one thing that we can all agree on is that the pay suspension for many Federal workers is causing many families to suffer. So many people the world over live from paycheck to paycheck; even a delay in the receipt of their income…

  • Investments

    The Stock Market is Tanking

    Just as I suspected earlier this year, the stock market has continued to drop as the Fed increases their rates. Here is a quick screenshot of the S&P 500 demonstrating the phenomenon: Just look at that line! It’s amazing! You don’t even need the numbers that I forgot to clip with it to see how far it has fallen. Unfortunately,…

  • Investments,  Life,  Personal

    When Life Takes A Left Turn

    My life has taken a really strange turn since Thanksgiving. Not only has my ex-husband passed away but certain aspects of my personal life that concern the situation have also gotten very, very strange. The worst part of the whole situation is that I can’t share what’s going on yet. Things are still in motion; I might jeopardize the outcome…

  • budget book
    Finances,  Investments

    Financial Surprise

    As I caught up on the task of logging the money I’ve spent this month I discovered that I’ve done a lot better than I anticipated when it comes to reducing my spending. Even with stocking up this month on pet food and supplies atop of saving some money back for the upcoming book/surplus sale the local library is hosting soon…

  • 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…

  • Business

    The Prom Pickle

    Earlier this year my beloved Katie excitedly prepared for the prom. She shopped and shopped for the perfect dress. One evening she emerged from her bedroom with a troubled look. “Mom, my prom dress is going to be way too long,” Katie announced. “Can you get someone to hem it?” I asked. She frowned. “If I get the seller to…

  • 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…

  • Frugality,  Investments

    Unjustifiable Luxury

    I want a washing machine. I really do. I would like few things more than to be able to sit at home and do my laundry whenever I desire. With this in mind I pulled out my trusty ledger and checked to see just how much I spend each month at the laundromat in hopes that I could justify the…

  • Investments

    Two Hours Closer to Freedom

    Today was the day for my latest stock purchase. My transfers had arrived at my brokerage and I had a day off to savor the experience of growing a tiny bit closer to freedom. I targeted Blueknight Energy Partners (BKEP), a tiny company in the Energy Sector that I’d been eyeing for months. I’d researched them, noting several things I…

  • 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…

  • Investments

    My Stock Market Investment Strategy

    After a lot of thought and research I finally settled upon a specific set of criteria to use while searching for stocks to invest in. While I do allow the occasional exception, for the most part this is how I locate stocks for purchase. My Stock Market Black List These are the reasons I pass up investing in a lot…

  • Investments

    My Financial Freedom Game Plan

    Despite the fact that I spent more than I like last month I still managed to have money left over for investment. I took the $67 I received in royalties and added $63 from my paychecks to it in order to scrape up $130 to invest this month. I plan to stick every penny into a single stock I’ve targeted.…

  • Education

    Millionaire Women Next Door

    Every night before I go to sleep I snuggle into my bed and read on a book for inspiration and research. Some evenings I may only manage to read a small section but on other nights I can manage a couple of chapters. My progress seems incredibly slow but that’s okay. At least I’m making progress. You see, I have…

  • 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…