Save Money

Somehow we have completely lost our way when it comes to our finances. We are so fixated on what comes in, that we have no attention left to spend on what goes out. Yes, I'm talking about income. I'm taking about the endless conversations around "How much do you make?" Or "How much did you make last year?" All the while, the real question that we should be asking ourselves and one another is, "How much do you keep?" Wrong: How much do you make? I'm not going to waste time trying to explain that the amount of income you produce has nothing to do with…

I loved this book. It's one of the few books that I've read in a single day. It's easy to get through and challenges your perspective on plenty of things. Before I returned this book, I wanted to document some of my favorite takeaways in the hopes that I can solidify the things I learned and obviously share them with others! Here are my favorite takeaways from the 5 Lessons a Millionaire Taught Me by Richard Paul Evans. Lesson 1: Decide to Be Wealthy This was my least favorite chapter. It talks mostly about how the wrong attitude towards money will keep us from ever accumulating…

Our spending will track our income unless we consciously say and do otherwise. That's why changing our relationship to and behavior with money matters. You can dig through this site and find tons of ideas on how to save money and free yourself from it's bondage. But I want to address the 3 biggest wealth destroyers that are worth tackling immediately. The 3 Biggest Wealth Destroyers 1. Eating Out Without fail, this is the hardest category to control for my wife and I. All it takes is one month of weddings and travel for us to spend literally over 14% of our take home pay on…

A beer is cheap but why are MacBooks so expensive? You won't see anyone bat an eye about buying a $6 beer or margarita but what about a $1,800 MacBook Pro? The problem here is we only judge cost at face value and often fail to consider the time cost of things. In this article, I hope to prove to you why a beer is actually more expensive than a MacBook Pro. A Beer vs. A Macbook Pro A $6 beer is consumed in probably 15 minutes. That makes it's hourly rate $24/hour. Now what about a MacBook Pro? How long might you use one of…

A Rant. I can think of lots of examples of things in our lives that we consider "free" but we don't realize there's often a very large hidden cost. If you've ever sat in a time share sales meeting to get that free cabana for a day then you know exactly what I'm talking about. But the example I want to discuss here is Instagram. Instagram is completely free. None of us have ever paid a dime to use it. But I'd argue it might be one of the most expensive things in our lives. How many things have we purchased as a result of seeing…

Anytime you suggest someone start budgeting, you're likely to get push back. That push back is partly because, well, obviously budgeting sucks. And frankly, budgeting is a pain in the butt. But the many layers of the onion ultimately lead to the reason that people really hate budgeting. Freedom. Nothing feels more suffocating and captive as restricting your spending. So, what do we do about it? Well, I would like to propose that financial discipline is actually financial freedom. Here's why. We simply have two choices. If you boil it all down and cut to the chase. We all have just two choices. First, we can…

The older I get, the more I am starting to see a particular pattern in life. This pattern is process. And for the purposes of this article, it's antithesis is event. In this article, my aim is to prove to you that wealth is a process, not an event. Let's begin. I feel like I could write a book on this topic alone. But for the sake of the 3 readers who will read this article, I'll get to the point. Most people believe that events create wealth. I believe that process creates wealth. I'd say most people don't really buy this idea though. So I'd…