Archive for April, 2010

Downsizing To Save Hundreds Per Month & Reduce Needed Income.

Yep, moving again. Granted, this move isn’t as far as my last few – California to New Mexico and then New Mexico to Colorado – but in a week or so I will be moving exactly 1/2 of a block. After much angst and discussion, I decided that I wanted to stay in Colorado for a while but that I also wanted to cut out a big chunk of my expenses, which in turn means I don’t need to bring home as much money as I do currently to pay the bills. So I will be moving from a 2 bedroom/2 bathroom apartment to a 1 bedroom/1 bathroom apartment and going from 1300 square feet to 756 square feet. I have known for a while now that I had way more space than I needed, so this will be a nice move to the “right” size place for me. But even better than that is the amount of cash I will be saving!

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Lifestyle

By David

5 Dangerous Misconceptions People Have About Money.

Few subjects are as distorted by myths, half-truths and falsehoods as money. While most people know enough to get through their lives, Mark Twain described much shoddy thinking about money when he famously said:

“It ain’t so much what we know that gets us into trouble. It’s what we know that just ain’t so.”

There are many reasons for the widespread state of confusion about money, but a major problem is simple lack of education.

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Lifestyle

By David

Taking The Necessary Steps To Be More Financially Responsible.

We all know how important being financially responsible is..you owe it to yourself, your family, and your kids. There is nothing like the feeling of being financially secure; knowing you are going to be OK if the SHTF (and it will!). That is why I have worked so hard to get all of my money working for me and all of my ducks in a row…for the time that “what if” might happen. That all being said, I thought I would assemble a list of what I thought were the most important steps for you to take starting right now so that you can be more financially secure:

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Lifestyle

By David

Must-See Documentary: Maxed Out.

This weekend I sat down to find something to stream from Netflix and came across the documentary Maxed Out, which is about credit card debt and how it has affected every day Americans. While painful to watch, it just confirmed my thoughts about debt – it’s a pain in the ass. From small town families who can no longer make the minimum payments due to job loss, all the way up to the Federal Government, it seems that while debt has become the standard way of life, it has some very ugly side effects. The film, while concentrating on the credit card industry for much of it, does also touch on real estate greed, how some people feel they “deserve” all the stuff they cannot afford, and how predatory lenders and check cashing schemes can make anyone’s debt situation even worse than it already is.

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debt