Saving Without A Budget

Aug 25 2011

Dumb Things People Do With Money: Pass Up Matching Retirement Funds From Employers

ShareTweet While driving home from work the other day, I heard a report on the radio about how, for many Americans, retirement will be nothing more than a pipe dream, mostly due to poor financial planning. This is sad to hear because you’d like to think that after putting in 50 years of work, more […]

Aug 11 2011

Are You Penny Wise and Pound Foolish?

ShareTweet Penny wise and pound foolish sounds like a funny saying, but it’s actually a pretty important concept when it comes to living a frugal life. For those of you who don’t know what the phrase means, it more or less means you sweat the small costs so much that you either end up incurring […]

Jul 21 2011

Save More Money and Live Out Your Dreams

ShareTweet Living a frugal life and learning how to save more money is great in the short-term. You have a nice emergency fund, you don’t feel the pressure of keeping up with the neighbors, and, in this day and age, everyone is envious of your money saving abilities. Also turns out, living a frugal life […]

Apr 30 2007

Rollover Your Retirement Plans – Don’t Touch the Money!

ShareTweet The other day a buddy of mine was asking about what to do with his 401k – he had recently switched jobs and wanted to move all of his money from the old company’s plan to the new company’s plan. Simple enough. However, when he told me how he planned to do this, I […]

Apr 28 2007

Why the “10% Rule” is Actually a Good Thing

ShareTweet The other day I was reading an article by Walter Updegrave, Money Magazine’s senior editor, in which he states that the “10% Rule” – the notion that you need to save 10% of your salary each year in order to have enough money when you retire – isn’t a very good savings plan. Updegrave […]