Why My Emergency Fund is the Bombdiggity

A fully stocked emergency fund can be one of the best financial friends you have. Here's why I love my emergency fund and why you'll love yours too!Over the last several months, we’ve had to do a ton of repairs. And, I don’t just mean the twenty-dollar patch and paint kind of repairs. I mean the big stuff. The stuff that costs hundreds of dollars to fix. The stuff that you never really see or think about until it breaks and you need it. The stuff that makes me want to pull my freakin’ hair out because it costs so much money to fix.

Of course, I didn’t have to pull my hair out. Me and my pretty mane made it through these trying times (mostly) intact.

Yes, it is frustrating to spend money on repairs. It’s especially frustrating to put money back into a house when you know you aren’t going to see any return on those repairs. But even though I was a wee bit perturbed, I didn’t sweat it too much. “Why’s that?” you say. Because I gots myself an emergency fund! HOOOOOO!!! [Read more…]

Our Frugal Theme Park Getaway

Is it possible to enjoy a frugal theme park getaway? Although prices at theme parks are notoriously high, where there is a will, there's a way.This past weekend, my husband and I took the kids on a frugal theme park getaway to King’s Island – a fun, family park just a few hours from our home. Although it wasn’t our first choice, we had an awesome time.

You see, I initially had this crazy idea to take a frugal trip to Disney World in Orlando. I was even offered two free park tickets if I sat through a 90 minute timeshare presentation. The thing is, I still couldn’t pull the trigger. Why? Because Disney is so freaking expensive! [Read more…]

Types of Investments: From Bonds to Forex

Types of Investments: Slicing Through the MystiqueInvesting. It is a term that scares the hell out of a lot of people. Even for those of us in the personal finance blogosphere, the mere mention of the word investing can send shivers down our spine. Investing is something that we all know that we should do. After all, why would we want to stick our money under a mattress when we can use that money to make money for ourselves? Still, we run for the hills whenever somebody asks us to expound on the value of investing our money.

 

The truth is that many people are confused because of what they think “investing” means. They get frozen by the idea of risking their money in something that they don’t understand. Yet, there are many different types of investments out there – from buying CD’s to making a Forex trade. Go ahead! Shake your money maker by trying some of these investment options. [Read more…]

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…]