Archive for April, 2008

The True Cost of Living in the Suburbs

The median household in the United States spends 19% of their budget on transportation. However, in the suburbs, that cost can rise to more than 40% of the budget. Suddenly, the suburbs don’t look so cheap — living closer to the city center cuts your transportation costs but housing is more expensive. [...]

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Working vs Jobbing

There is a big difference between ‘having a job’ and ‘working’.
People mix the two, they say they don’t want to work, but they really don’t want to have a job. A job is boring, tedious and pointless for so many reasons. Working is not. If someone else makes profit from your effort, [...]

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Cheap Billionaires

Forbes has a slideshow up about the cheap billionaires. These frugal men include Warren Buffett, who still lives in the house he bought in 1958, Jim Walton, who drives a pickup truck, and others.
[Click here to see the slideshow]

Header photograph by EverJean
Story via boing boing

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Building an Emergency Fund

I never realized how close to the edge I lived.
News stories would come to my attention with numbers like 66% of Americans live paycheck to paycheck. I would scoff at those people. I always had money in the bank an the end of the month. I wasn’t like them — until I realized [...]

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Tunnel of Love

This Bizarro comic perfectly sums up the financial dangers you’d better be prepared for when getting married. Watch out for that lifestyle inflation!
[Click here to visit Bizarro’s website]

Story via neatorama

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Track all your spending for a month

Unfortunately, I’ve suffered from being a naturally frugal person. I don’t make big purchases. I don’t have an expensive apartment filled with expensive clothes. Why do I say ‘suffer’? Because I’ve never been forced to track my spending. I’ve glided along under the impression I’m doing fine.
I feel fine, but [...]

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Podcast on Protecting your Investments from the Falling US Dollar

On Point, an excellent current events podcast, recently did an episode on how to protect your investments from the falling value of the US dollar. From the show’s description:
It has been scary times for any American with two cents to invest and no idea where to put it. Stock markets — at home and [...]

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Five ways to earn $200,000+ a year by blogging!

There are a lot of get rich quick schemes out there. One of the oldest and best is writing a book (or blog) on the very process of getting rich itself. Fill the book with correct but hopelessly vague advice, wait for the dreaded Hawthorn Effect, then promote yourself as an expert.
An established [...]

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