Creating multiple income sources can help you reach financial independence which means reaching a state where you have enough income to live off for the rest of your life. Depending on your lifestyle and depending on your goals, how you get to financial independence differs from one person to the other. One might say they want to build as much savings as possible and live off of that. Another might want to get to a state to comfortably replace their…
Rewards programs are great and essential to saving you money! I leverage a number of rewards programs whether for travel, cash back, store credit, or other points. Businesses are competing for your business and will want to keep you shopping with them. Before you commit to a rewards program, keep these in mind before signing up. Will The Business Be Around? A number of businesses are closing during this pandemic because of the economic impacts. If a business files for…
Being diagnosed and living with chronic disease and pain for many years, I realized there’s no better investment than investing in your health. I wrote previously about how to save money by being healthy but it’s not just for money reasons. Living with heath conditions such as chronic disease is miserable. When I was young I thought I was invincible, not going to the doctors regularly, eating whatever I wanted, not taking time to understand nutrition, and not consistently exercising….
The pandemic forced us to change the way we live in so many ways. It’s been a difficult time of change but we have to live with this new normal. From social distancing and distant learning to cancelled trips and vacations, we all had to make changes. What are some of the changes you’ve made that are saving you money? Here are some inexpensive changes I’ve made to help entertain the family at a minimum cost. Play Board Games Pre-pandemic…
Impulse buying, that immediate gratification, satisfaction, on cloud nine feeling you get when you purchase something unexpectedly due to temptations or without much consideration. You can experience this in the grocery store, a gas station, clothing store, a car dealership, warehouse stores, on vacation…essentially anywhere. Wherever there’s something to sell, there’s someone who will fall to impulse buying. Don’t get me wrong, impulse buying is not always bad and very appropriate at times. I’m talking about those purchases you regret…
I consider myself to be a pretty savvy shopper and I try to find the best deals as much as possible even if it means going with a generic brand. Have you stared a products, a brand name and a store brand, and asked yourself should I go with the less expensive brand? I find myself doing this all the time and my answer to the question is, it depends. It depends on a number of factors and the worst…
For the longest time, I’ve been trying to figure out the quickest way to make money. I always thought that it takes money to make money. So in order to make money quick, I need to already have the money. I’ve been looking at this wrong the entire time. I realize there’s no quick way to make money. Unless you’re really lucky and win the lottery, receive an inheritance, or some other way to get a lump sum, to make…
The economy has been like a roller coaster, going up and down, up and down due to worries over the pandemic. We are now officially in a recession. The market had a huge loss on 6/11/2020. What has my roller coaster ride been like? As the economy was falling in March 2020, I had a loss of approximately 18% in my investments. That’s a huge hit! As I experienced from the last recession, my thoughts are that the economy will…
Do It Yourself (DIY) projects are a good way to learn some new handy techniques, do some needed fixings, upgrade the aesthetics, and best of all save money that you would have paid someone else to do it. I’ve had my share of DIY projects like house painting, backsplash, hardwood flooring, and plumbing. And there will be DIY tasks that you learn and do on a regular basis like car oil changes, changing filters, patching drywall, and anything else that…
Webull is giving 2 free stocks, one for opening an account and one after depositing $100, and the promotion is ending on 6/9/2020. I just opened an account and here’s my experience and I’ll show what stock I received. Is there a catch? Well, the first 3 statements on their Terms and Conditions for this promotion are Duration: 5/14/2020-6/09/2020. Open a Webull brokerage account and receive a FREE stock valued between $2.5-$250! Please note: These reward stocks will be distributed…