Would you rather:
Save $12 per year? Save $1,045 per year?
Go ahead, think it over. Consult with your family. I’ll wait.
[…]
Category: Personal Finance 101
Does Your Lack of Savings Halt Your Dreams?
Several weeks ago, I invited new email subscribers to share their answers to two deeply personal questions:
What’s your wildest dream, and what’s preventing you from getting there?
The answers poured in to a degree I couldn’t believe. My Inbox flooded with hopes and sorrows. Some people shared brief-but-honest answers; others wrote memoirs. People from all walks […]
Think You Can’t Pay Off $147,106 in Debt? Guess Again.
There are Conformists, and there are Rebels.
The Conformist Majority says: “I have a 30-year mortgage, a 20-year second mortgage, a 10-year student loan and a 5-year car loan.”
“I’ll pay the minimum, and hold those debts for 30, 20, 10, and 5 years. After all, why deprive myself while I’m young?”
Worse, they’ll ask:
[…]
Gear Up for the One Percent Challenge!
“I’m scrounging dollars to fill my gas tank. I don’t make enough money to save. At the end of the month, there’s nothing left.”
If this feels like you, gear up for a radical shift that will change your life.
Last month I announced the One Percent Challenge, a quest for Afford Anything Rebels that can […]
Take the One Percent Challenge
Pop quiz: You’re buying airline tickets to visit grandma for the holidays. She lives on the other side of the nation, too far away to drive.
You’ve budgeted $400 for holiday travel, but you can’t find airfare for less than $575.
What do you do?
a) Tell grandma she’ll have to spend Christmas alone.
b) […]
How an Ordinary Midwestern Couple Paid Off $46,000 in Debt
Bob Lotich was stranded.
He was 20 years old, living alone in a strange city. He didn’t know anyone. He was broke.
His checking account was empty. His savings account was nonexistent. His credit card was only $264 shy of hitting its limit.
He had a glimmer of hope, a faint light on […]
The Ultimate Beginner’s Guide to Financial Awesomeness
You’re trapped by debt.
You want to quit your suffocating job.
You feel stuck.
Or not?
Maybe you love your job. You’re debt-free. And you’re just trying to figure out how stay awesome.
Regardless of your situation, there’s a basic formula for taking control of your money.
This is a simple, three-step formula, ideal for people who want to keep […]
The Most Crucial Money Lesson, in Three Words: Mind the Gap
After I graduated from college and accepted an entry-level job, I received a starting salary of $21,000 per year.
Adjusted for inflation, that’s $24,100 in today’s dollars.
I was a diligent saver, even then. I directed 15 percent of my pre-tax income into my 401k and another 5 percent into a Health Savings […]
Introducing Get Rich Slowly: The Course
Shortly after Martin and Sierra Black married, they bought a beautiful 2,200-square-foot Victorian home near Boston.
From the outside, the couple looked like they had it all.
But something was wrong.
They were drowning in bills. They forked over $2,200 each month on mortgage payments, and another $600 per month on gasoline for their […]
The Ultimate Challenge: Finding the Real “Value” of Money
What’s the purpose of money?
That’s not a rhetorical question. I’m inviting you to sit with this question for a moment. Ponder it. Pray / meditate / reflect on it.
Why do you want to create wealth on your life? What’s the ultimate purpose?
I’ve thought about this on a near-daily basis for the […]
