Part of our journey to simplicity includes our finances. We're approaching this by learning how to be frugal. Not really because we NEED to in order to feed our family, but because it's the smart thing to do (hey congress, you might want to take note here). We do have debt that includes a mortgage, student loans, and credit cards - just like most people. We want to pay those off and we want to be able to be prepared financially for any emergencies that arise, like a layoff. We went through that before and having me work full time retail was not fun (although I am grateful that my employer at that time had enough hours available to bump me from very part time to full time right away). Being frugal is a way to make our financial life simple: No stressing about emergencies, knowing exactly what we can afford, and having funds for our future (retirement, vacations, etc). We're certainly still learning the ins and outs of frugality and we are learning from our mistakes. WiseBread has a great article on frugality today and I'd like to share it with you:
Showing posts with label finances. Show all posts
Showing posts with label finances. Show all posts
Friday, December 16, 2011
Monday, October 3, 2011
What A Challenge!
A top news story on Yahoo today is about one couple who was able to retire by age 43 by leaving below their means. Of course, they didn't have children, so it was probably a lot easier to do than it would be for those of us with families, but what an interesting challenge. What amazes me is how quickly they did it: In about 15 years after making the decision to go for it. I don't know....could you make those kind of sacrifices in order to leave the work force so early? You can read their story here: 5 Tips from Early Retirees.
Sunday, September 4, 2011
Financially Fit
Yahoo! Finance has been doing a Financially Fit series and I've really been enjoying the articles. Some of them don't really apply to me (like how much I might spend on upkeep if I installed a pool), but this one was worth sharing.
Financially Fit: Stretch Your Paycheck
Even if cutting your household costs aren't a huge concern for you, these still provide great ways to simplify and easily trim a few things here and there without sacrificing much. Besides, couldn't we all use a little extra savings?
Financially Fit: Stretch Your Paycheck
Even if cutting your household costs aren't a huge concern for you, these still provide great ways to simplify and easily trim a few things here and there without sacrificing much. Besides, couldn't we all use a little extra savings?
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