Aug
21
Spending More on Luxuries Than Necessities
August 21, 2008 | Leave a Comment
America is supposedly in a recession and people are suffering. Parents can't afford to send their kids to school in new clothes and people are starving to death because they can't afford the gas to drive to the grocery store. I think the news (as usual) is making a crisis where none exists. The only [...]
Aug
1
Should You Buy a New Car for Better Gas Mileage?
August 1, 2008 | 2 Comments
Gas prices are high. Consumers are buying fuel efficient vehicles to save money on gas. But does it really pay to buy a new vehicle just for better gas mileage?
In part 1 I told you how to calculate your monthly gas bill. With that information we can figure out if it pays to buy a [...]
Jul
31
How Much Do You Spend On Gas Every Month?
July 31, 2008 | 1 Comment
With record high gasoline prices, many people are considering a more fuel efficient car. But how do you know a new car will save you money? First figure out how much you spend on gas every month, then determine if a new car will save you enough money to justify the cost.
You can figure out [...]
Jul
24
The Parable of Wealth
July 24, 2008 | Leave a Comment
A parable is a fable or short moral story. I came across this parable from a source unknown. It's a great way to explain why some people who appear wealthy really aren't and why some who appear poor are just the opposite.
The Fishermen
Mark and John are both fishermen in a small village. Mark and John [...]
Jul
23
Car Leases have a poor reputation. But are vehicle leases always a bad deal? You may be surprised.
Why do leases have a bad reputation? There are two primary reasons. Many consumers didn't read the fine print and got stuck with bad terms. Also mileage limitations have limited the usefulness of the leased vehicle. My father [...]
Jul
22
When Is It Time To Get a New Car?
July 22, 2008 | Leave a Comment
Is your car costing you too much money? Do you see your mechanic more often than you'd like? When is it time to buy a new car?
I'm quite frugal. I don't purchase new vehicles. I buy used cars and I pay cash.
However, older cars do have drawbacks. I don't really care about body style or [...]
Jul
17
Why You Shouldn't Buy a New Car
July 17, 2008 | 3 Comments
With dealer incentive programs and 0% interest deals, car dealers are constantly trying to sell new cars. That's fine, someone needs to buy new cars. However, the wealthy know that you should never buy a new car. Find out why.
What Do the Wealthy Know that You Don't
The wealthy know that you should never buy a [...]
Jun
10
6 Ways to Spend Your Stimulus Money
June 10, 2008 | Leave a Comment
By now a majority of Americans have received their stimulus payments from the IRS. If you're wondering what to do with that money, I have some suggestions.
Start an Emergency Fund.
Everybody needs an emergency fund. Dave Ramsey recommends at least $1,000 until you pay off your debts then you need 3 to 6 months of income. [...]
Jun
3
Cheap Lunches - Taco Tuesday
June 3, 2008 | Leave a Comment
The price of food is starting to creep up. Even the price of fast food (usually a cheap meal) has gone up. However, you can eat cheap if you remember what day it is.
While I usually try to avoid fast food because of the health (and taste) concerns, every once in a while, I enjoy [...]
May
20
5 Ways to Save Money On Gas - Gas Prices - Part 4
May 20, 2008 | 4 Comments
Gas prices are at record highs. If you've filled up recently, you probably felt a little sick after dumping $50 or more into your gas tank. Gas prices are high, but there are a few things you can do to save yourself a few bucks.
This is the 4th article in a multi-part series [...]