Save Until It Hurts

Then Save Some More

You might know (based on a few previous posts) that we have been changing our basement into a home gym (saving ~$75/month in gym memberships).  We’ve now been using our home gym regularly for a couple of months.  As I’ve been in the basement lifting weights, I can’t help but see the parallels between lifting, … Read More

Emergency Savings – Three Bucket System

The 3 Bucket Emergency Savings System is simple: 3 different buckets of money that are filled one at a time and contain different levels of risk and potential growth.  After first bucket fills, the excess flows into the 2nd bucket.  Next, when the 2nd bucket is filled, the excess flows into the 3rd bucket.  Lastly, the 3… Read More

7 Ways to Cut $50 Off Your Monthly Expenses

monthly saving, monthly expenses

Christmas is less than a week away, and, if you’re like me you have blown your Christmas spending budget.  You are going to need to cut some spending somewhere to get your finances back on track as soon as possible.  Nearly half of Americans rack up credit card debt over the holidays (source).  If you’re one of them, … Read More

How to Save Your Next Dollar

Savings steps, savings hierarchy

When I finally made the decision to put an emphasis on saving my money instead of spending it, I realized I had no real idea how to get started.  I know I was getting the full 3.5% company match (on 6% contribution) in my 401k thanks to auto-enrollment.  My dad started a Roth IRA for me some 12 years earlier, … Read More