In order to live substantially beneath your means so you can save aggressively, you must answer this question: How much is enough? How much house is enough? That’s a crucial one. How much car is enough? How many cars are enough? How much education is enough? How much convenience is enough? How much eating out [...]
The average person borrows to get established and eventually borrows more to get ahead, all the while playing catch up by paying down or paying off the debt. But there are times in our lives when we have the opportunity get ahead of the game, when a sudden influx of income or a windfall of [...]
A friend of mine confided in me the other day that he had taken a second job on the weekends to earn extra income to build his savings. I don’t know the particulars of his situation. I do know that a second job is often the first thing that comes to mind when a person [...]
