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!
If you’re looking to obtain a graduate degree, taking out more student loans to pay for it probably doesn’t sound very appealing. I decided to go a different route and instead of adding to my student loan debt to get my master’s degree, I took a job with a local university that offered employees 100% tuition waivers. This is a very common perk at most universities, but one that is often overlooked. If you’re looking to advance your education, working at a university in exchange for a free master’s degree can be a great set up.
Investing can be intimidating, so it might seem like using a financial advisor or a wealth management firm like Edward Jones or Merrill Lynch is your only option. What these advisors probably won’t tell you is that the fees they charge will end up costing you a huge portion of your life savings (around 25-30%) and will essentially halve the amount of money you can live on in retirement.
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.
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 »
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.