Preparing for the unexpected It is impossible to expect the unexpected, because when you are expecting something it fails to be unexpected and something else you weren’t expecting still manages to trip you up. So rather than trying to second guess life, stop expecting the unexpected and simply put a contingency plan in place for… [Read More]
If You Enjoy Financial Obligations, Don’t Read This.
The following guest post is by Greg McFarlane of Control Your Cash. When you write a book about personal finance, as rudimentary as it might be, friends ask your opinions on matters fiscal. A few days ago, I received this pithy email from one of the most financially conservative people I know: When does it… [Read More]
How to Take a Frugal Vacation in Paradise
This is a post by guest writer Amo Tango. Sand, beach, heat…sounds like the main ingredients of a well-deserved vacation. Most would think that a vacation in ‘paradise’ would cost an arm and leg, but nowadays, flying is second nature in our society. With globalization and international business affairs everywhere in the world, flying is… [Read More]
How Much of Your Paycheck Do You Need to Survive?
Last week, I compared the benefits and drawbacks of growing an emergency fund versus paying down your mortgage faster. There was a lot of great discussion and commentary on that post; however, I feel that many might have gotten the impression that I was advocating a more aggressive position than I truly believe in. I’m… [Read More]
Is It Worth It to Have an Emergency Fund, or Should I Pay off My Mortgage Instead?
Ever wondered if you should be saving up money in an emergency fund or paying off your debt instead? A long time ago, I looked at whether it was better to pay down your mortgage, or invest the money instead. Today, I’m going to be looking at whether it’s better to keep an emergency fund,… [Read More]
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