Blog

A Day in the Life of a Bankrupt Man – Insight 2

Recently we met Jim, a real life 26-year-old soon-to-be-bankrupt man. He’s a typical Joe, err… Jim, working his way (slowly) through college, working a part-time job, and trying to make ends meet each month. I should mention that Jim’s parents have been bankrupt for many years now, and they’ve taught their son everything they know. Alas, the apple [...] Read more

A Day in the Life of a Bankrupt Man – Insight 1

Meet Jim, a 26-year-old male. He’s an average guy for the most part – single, slowly working his way through college, working a part-time job to pay his bills. However, Jim’s parents filed for bankruptcy eight years ago and have not managed to work their way out yet. Everything Jim knows about money, he learned from his parents. Jim will probably [...] Read more

Green Living: Abandoning the Gas-Powered Lawn Mower

I have owned a home now for a little over a year. One “joy” that most homeowners have is that of mowing the lawn. In the Midwest anyway, grass-mowing season usually begins in April and can last until October. When it rains frequently, I usually have to mow my grass at least once a week. The Problem As I am sure you know, gas prices have steadily [...] Read more

Four Painful Ways to Save Money

You work hard to earn your money. That’s why I’m here to tell you how to hang onto more of it, no matter the cost! Stop paying taxes! Without fail, millions of Americans begin a feverish scramble sometime around the middle of April in order to pay their taxes. I propose that one can potentially save hundreds/thousands of dollars by making one [...] Read more

Mutual Fund Basics – Making the Plunge

So, you’ve heard about mutual funds, but the plethora of companies and funds is enough to leave your head spinning? That sounds familiar, for that was me not too long ago. Mutual funds can be an intimidating investment for the beginning investor, especially for the type of person who seeks safety in banks. Just last year I was content to allow my [...] Read more

Site Goals

Alright, so my goal for this site is to keep track of my journey toward financial freedom. What is financial freedom? Good question. The answer varies, of course, but one answer is the ability to live comfortably off one’s interest earning without touching the principal investment. This is a lofty goal – one that I will not achieve for quite a [...] Read more

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24th December