For the longest time, I believed that you can only make really good money if you produce something. I've had jobs where if I wasn't producing revenue, I wasn't going to get paid or promoted as much or as quickly. And my colleagues who were in the back office weren't getting paid very well and most of them were overworked, underpaid, and unhappy. They might as well have worked … [Read more...]
Personal Finance Goals For Freelancers
Do you want to be a successful freelancer? One of the critical skills you will need is money management. Not only do you need to maintain the books and records of each of your side gigs (use my tips on how to do your own bookkeeping), you need to be able to stay on top of your personal finances as well. It takes a lot of time to build up a steady flow of income as a freelancer, … [Read more...]
How Often Do You Use Coupons To Save Money?
I consider myself a value shopper. For example, I only like buying clothes at cheap places like Target, Old Navy, and Ross. I have absolutely no desire to buy anything from stores like LV, Gucci or Prada. Luxury goods feels like such a waste of money to me because designer brands have 90%+ gross profit margins. And as a fan of personal finance and minding how I spend my money, … [Read more...]
5 Tips To Save Money Buying A Car
If you are like most Americans, you probably spend more money on a car than you should. Did you know that during the "Cash For Clunkers" program, the average purchase price of a car was a whopping $25,000? Meanwhile, the average total household income of the car buyer was less than $60,000. Who goes and spends half of their annual income after tax on a heap of steel? Apparently … [Read more...]
Improving Your Net Worth By Managing A Budget
This post was written by Derek Sall, owner of LifeAndMyFinances.com, a place where he encourages people to get out of debt, save money, and grow wealthy. This past December I decided to make the audacious goal of paying off my mortgage by the end of 2014. When I sat down and crunched the numbers, I discovered that to even have a chance of paying off the remaining $54,000 … [Read more...]