How much savings you can accumulate is one of the biggest factors to achieving financial independence. But where do you keep your savings to get the best bang for your buck? Keeping everything in a regular savings account that barely earns any interest will add years to your journey of achieving your financial goals. I’ll share where we stash our cash to maximize our savings and get to financial independence sooner.
Here’s a secret I wish I knew about years ago: There is no reason to ever pay full price for anything.
With a few simple tricks, I can save money on everything I buy! I recently began implementing these methods, and oh how I wish I knew about them years ago. These tricks can be easily combined to save even more, and I have already saved nearly $1,000 over the course of a few months (and I’m not even a big shopper!). I’ve also included some bonuses to help you guys save too!
These are a few of my favorite secrets to help you save hundreds each month. They’re easy to implement, they don’t require drastic lifestyle changes, and they’re a great way to get into a more money conscience state of mind.
Making extra cash each month is a sure way to increase your savings rate or help pay down your debt. Utilizing a few of these methods and side hustles can bring in hundreds to thousands extra each month!
Financial independence occurs when your savings is enough to support your expenses and work is completely optional. Here are four essential steps to reaching financial independence and having the option to quit your job for good.Continue Reading ».
It’s hard to know where to start when you want to get a handle on your finances. I’ve boiled down the 7 simple financial guidelines that have worked wonders for the health of my finances.
You’re on your computer anyway, so why not earn some extra cash while you’re at it? These are my 6 favorite ways to make money online. Some are effortless while others take a bit more effort but allow you to grow your skills to become a money making machine from the comfort of your laptop.
My goal is to retire by the time I’m 39 years old which is just 9 years away. In a world of expensive new cars, giant houses, and Starbucks lattes, this sounds insane to most people. But it’s completely possible to have enough money to retire 10-15 years from today if you get your spending habits under control and increase your savings rate. Here’s how.