Keys to Surviving and Thriving with a Freelance Income

Nobody in our house has a "real" job, and that's just how we like it! Though freelance income is wildly variable, here's how we survive and thrive.In case you hadn’t heard, my husband started working at home with me in early March of this year. Yep, he totally quit his job…..again. So instead of putting in his 40+ hours at the funeral home, he’s spending his days twenty feet from me in our home office.

While the change has been awesome for our family, it did mean losing out on the very few work-related benefits we did have. My husband’s stable income – gone. His 401K match – gone. The small stipend his employer paid towards our health insurance – gone.

Yep, now that we both work at home, we’re completely on our own. But, are we scared? Heavens no.

As someone who has been self-employed for several years now, I have learned a thing or two about what it means to have absolutely no idea how much money you’ll make from one month to the next. And we’re not just surviving, we’re thriving. [Read more…]

Learn How to Become a Millionaire with These 7 Secrets

Becoming a millionaire is still the gold standard of financial success, but how do you do it? Learn how to become a millionaire with these 7 secrets!Although a million dollars won’t buy you what it used to, becoming a millionaire is still the gold standard of financial success in America. Once you’ve crossed the million dollar barrier, you have officially entered into the land of the wealthy. For most Americans, a million dollars in net worth seems like it is out of reach – but it doesn’t have to be.

According to the Spectrum Group, a market research and consulting firm based in the D.C. area, more U.S. households than ever before have a net worth of over one million dollars. In 2014, this demographic included 10.1 million households, an increase of almost 500,000 from the previous year.

How do they do it? The answers may not be as difficult – or as complicated – as you might think. Building wealth is often the result of creating good habits and dedicating yourself to accomplishing individual tasks. If you’ve ever wanted to know how to become a millionaire, now is the time to start learning. Use these 7 (not so secret) secrets to start building your fortune today. [Read more…]

What to Do if You’re in Trouble with the IRS

IRS - taxes concept  - file cabinet label, bronze holder against grunge and scratched wood

IRS – taxes concept – file cabinet label, bronze holder against grunge and scratched wood

No matter how you spin it, taxes are a pain. Still, it’s something we all must face year after year. If you are behind on your taxes and owe the IRS money, your tax situation can go from feeling like a small burden to more like a pants-on-fire emergency. Fortunately, there are some things you can do to work towards a resolution: [Read more…]

Finding the Perfect Baby Shower Gift

If you’re like me, you never know what to get anyone for their birthday, wedding, or baby shower. With so many gift options out there, shopping for the perfect baby shower gift can be overwhelming. And have you ever walked into Babies ‘R Us? The sheer number of gift ideas is absolutely overwhelming, and it doesn’t help that half of it is unusable junk, e.g. wipe warmers. [Read more…]

“Get Real” Moments that Changed Our Financial Lives

Saving money doesn't always come easy. Even for born savers, there is usually a "get real" moment when it comes to their own finances.This article is part of  the 2015 Financial Literacy Awareness Carnival hosted by The Heavy Purse. For more posts in the carnival, follow the link!

For most of us, saving money hasn’t always come easy. Even those of us who are born savers have stumbled along the way. Usually, it takes some education and a few massive money mistakes before we truly find our calling as extreme savers. There’s almost always an “ah-ha” moment (or seven) that forces us to get real about our financial situation. Our story is no different.

I have to admit, I’ve always been stingy, but saving money is something I had to learn. It wasn’t that I wanted to spend it all on stuff. Heck, I’ve probably only spent $1,000 on clothing over the last 20 years (for realsies). However, for years, I never really kept track of my money. As long as I had some in my checking account, I though I was fine. Boy, was I wrong. [Read more…]