Why is it that the more we earn, the more in debt we tend to become? This is called lifestyle creep and it enslaves us. We can be free.
If you spend more than half your net worth on a dramatically depreciating piece of metal that sinks in value faster than the popularity of my Snuggie blanket, you are on a clear path to poverty. The Average American Income in the US is roughly $61,3172 per year The Average car price in the US $36,843 Bonus: The average American has less than $1000 in their bank account. If only there were an explanation for this lack of saving.
This post is a simple reminder that you do not have to give in to peer pressure and spending more money (aka give up your freedom) just to cave into cultural norms. The wedding industry is a giant thief of money. Oddly enough, the number one cause of divorce is financial arguments in some studies. … Continue reading Five year wedding anniversary reflection
Let me tell you about my friend Jed. But first, in case you are new here, I'll give you a little background. I grew up in rural Eastern North Carolina. I guess the plots and farms in my neck of the woods qualified as a town. But in reality, acreage of tobacco and pig farms … Continue reading Looks can be deceiving (Let me tell you about my friend named Jed)
Hello all, I was on the YouTube site browsing videos about money and I found a great video here. The host of the video did a great job explaining his story about financial mistakes made in the 20s. This inspired me to share my lessons learned from that decade. Now, I could probably write a … Continue reading Top 3 Financial Mistakes in my 20s