Written By Paula Pant
“I’d like to improve my finances. But I don’t want to become an extreme cheapskate, and I don’t know how to earn more.”
“I can’t get a raise. I guess I could get a side job, but I don’t want to mow lawns or wait tables. And I don’t think I have time to […]
Written By Paula Pant
I’d like to explain … well … why this website exists.
Afford Anything promotes a handful of radical ideas:
#1: You can create financial independence — the ability to quit trading-time-for-money, because your investments cover your bills.
#2: Financial independence comes from passive income.
#3: To build passive income, you’ll first need to create a […]
Written By Paula Pant
Lately I’ve been getting emails from readers with the following situation:
“I’ve pinched every penny and slashed every expense. But I still can’t pay my bills. Help!”
If I accept your premise — if you’ve slaughtered your expenses to the brink of extinction — then you don’t have a spending problem. You have an income problem.
[…]
Written By Paula Pant
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 […]
Written By Paula Pant
Finish the following sentence:
“My dream is _____.”
Maybe you want to buy a house, or backpack Europe, or retire early.
No matter what you want, having a Big Ol’ Heap of Savings makes each these goals a million times easier.
“Gee, thanks Captain Obvious,” you’re probably thinking. “Easier said than done.”
Do you think […]
