Get Rich Slowly

Personal finance that makes cents.

Latest Posts from Get Rich Slowly (page 162)

Ask the Readers: Tips for Tackling Big Financial Goals?

Lance wrote recently with some questions about goals. First, he’s worried that he should have more than just one. Second, his only goal seems daunting. He’s looking for advice: I wanted to get some help on setting financial goals. Growing up, I did not have many luxuries, so items such as vacations, new cars, televisions, clothes, furniture, etc do not mean much to me at all. […]

Daily Links: GRS Site Survey Edition

Over the past few weeks, I’ve been making changes to Get Rich Slowly to make it more accessible to you, the reader. Now it’s time to take a look at the content side of things. […]

25 Essential Books About Money: Financial Wisdom from Your Public Library

Last week, Jonathan B. sent me the following e-mail: Maybe I’m just not seeing it, but is there a way for you to put up a consolidated list of your favorite personal finance books? This can include ones you found entertaining, made the biggest impact on your personal finance goals, etc. I shared a list of my favorite money books once before, but that was over two years ago. […]

Eating Organic on a Frugal Budget

Is it possible to eat local organic food on a food-stamp budget? That’s the question Salon’s Siobhan Phillips set out to answer recently. For one month, Phillips and her husband gave themselves a budget of $248 to “eat ethically” in New Haven, Connecticut. […]

Investment Risk and the Growth of Wealth: The Importance of Course Corrections

This is a guest post from Carl Richards at Behavior Gap. I have a problem. In fact, I think we all have a problem: We have been way too focused on returns, resulting in the utter destruction of our wealth. The investment industry has been built using tools that might be appropriate for understanding investments, but are totally worthless for investors. […]

Using Fuelly to Track Your Gas Mileage

With gas prices rising, people are beginning to talk about fuel economy again. This year, there’s an added wrinkle to my own concerns. In April, I ditched my 2000 Ford Focus for a 2004 Mini Cooper. The old car used regular unleaded, but the new one uses premium. […]

Should You Write ‘SEE ID’ or Sign Your Credit Cards?

Last week I had lunch with Hardy, a Get Rich Slowly reader here in Portland. We chatted about life (and personal finance) over burgers and fries. He generously offered to pay the bill. When the waitress returned with the credit card slip, she asked to see his driver license. “What was that all about?” I asked. “Asking for my ID?” said Hardy. I nodded. […]

The Personal Finance Hour, Episode 11: Frugal Weekend Fun

Today’s a momentous day. For the first time in the history of The Personal Finance Hour, both Jim and I should be on Skype with headsets that work. That is, of course, unless I do something stupid again. (Last week I had the microphone on “mute”. Ugh. So dumb!) This could be the first episode free of technical glitches! And what will we be discussing? […]

My First Budget: Drafting a Plan for Discretionary Spending

I’ve decided to develop a budget. This probably sounds strange coming from a guy who has been anti-budget all his life. Besides, haven’t I paid off all my debt? Don’t I have a positive cash-flow of over $1,000 per month? Yes, these things are true. […]

The Loneliness of the Long-Distance Debtor

This post is about running. Except that it’s not. It’s about mental toughness, the mental toughness necessary to run a marathon — and to pay off debt or to build wealth. I rolled out of bed early yesterday morning, pulled on my shorts, strapped on my heart-rate monitor, and headed out the door. […]