Dave Ramsey says “there’s no good reason to have a credit card... responsible use of a credit card doesn’t exist.” Give the lie to his disrespect for your ability to be responsible
Every day, you make lots and lots of financial choices. Do I buy that shirt? Shoes? TV? Car? House? If yes, which one? This one question will help you make the right choice.
Archimedes once said, “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” Making the right choices consistently will move your world.
“When I was trying to buy my first home, I wasn't buying smashed avocado for $19 and four coffees at $4 each,” said Tim...
We all know we should cook more meals at home. We acknowledge it would be better for our health and better for our finances if we cooked more of our meals at home, but we don’t. We are only human, so as much as we declare our intention to cook more and eat out less, we rarely follow through.
Food is the average families third largest expense, behind housing and transportation. Given how big of an expense it is, and how easily we can control this expense I have decided to dedicate more time discussing our food budget.
Anyone who reads Mr. Money Moustache knows that the math behind early retirement is shockingly simple; The more of your take-home pay that you save, the earlier you will reach financial independence and be able to retire.
Your net worth is equal to all your assets minus all your liabilities. If your assets exceed your liabilities, you have a positive net worth. If your assets are less than your liabilities, you have a negative net worth.