Home › Get Rich Slowly

Get Rich Slowly

Personal finance that makes cents.

Latest Posts from Get Rich Slowly (page 7)

Negotiating for perks when raises are off the table

Published Sunday, March 17, 2013 - 07:00 by Get Rich Slowly

This guest post is from David Lye. David is an expert on novated leasing, which is a “company car” type perk that many Australian companies offer their employees. In today’s uncertain economy, many employers are reluctant to offer raises to their employees. You may be lucky enough to keep your job, but chances are that you may not get a raise, or if you do, it could be a very small raise. […]

Ask the Readers: Would you give a child a credit card?

Published Friday, March 15, 2013 - 07:00 by Get Rich Slowly

I’m personally a proponent of making teenagers authorized users on credit cards. My thinking is that it gives the parent the opportunity to teach their kids about managing credit while they’re at home and how to read a credit card statement (explain what the different interest rates mean, how fees are applied, etc.) while starting to build a credit file for their children. […]

My student loan story: How I paid it off in a year

Published Thursday, March 14, 2013 - 07:00 by Get Rich Slowly

This post is from staff writer Kristin Wong. Today I pulled out a file in my cabinet that’s been gathering dust since 2007: STUDENT LOAN. In 2007, I paid that sucker off, and I haven’t looked back since. Well, except to check my credit report. I wanted to make sure the nightmare was really over, after all. It wasn’t too much of a nightmare, really. With interest, I owed a little over $12,000. […]

Extreme weather and recreational costs

Published Wednesday, March 13, 2013 - 07:00 by Get Rich Slowly

This post is by staff writer Honey Smith. Although I live in Arizona (where it’s sunny and 65 right now), this has been a nasty winter for much of the country. The storm known as Nemo led to power outages, flight cancellations, and at least nine deaths. […]

Morningstar’s day for individual investors

Published Tuesday, March 12, 2013 - 15:00 by Get Rich Slowly

Hey, GRS readers, you have been invited to the Morningstar Individual Investor Conference. This is an all-day webcast (although I’m sure you can jump in and out of the webcast depending on which sessions most interest you), and it features an all-star lineup of personal finance experts. The theme is retirement savings and setting goals. […]

Building a life we value

Published Tuesday, March 12, 2013 - 07:00 by Get Rich Slowly

The reason why I think “earn more” is better than “spend less” is not simply because more money gives us more options to amass a positive net worth, or because I don’t like to spent my time transporting my garbage to somebody else’s trash dump. I think this way mainly because I cherish human work and creativity, and I see wealth as the accumulated expression of this work. […]

Minimalist parenting: The frugal choice

Published Monday, March 11, 2013 - 07:00 by Get Rich Slowly

This post is by staff writer Sarah Gilbert. The woman on the radio sounded panicked. She lived in Los Angeles, and because of her neighborhood (weird homeless guy on the corner; busy streets all around) she didn’t trust her kids to play outside. So she spent her time driving them to activities where they would get… physical activity. It sounded a little awful, and it sounded expensive. […]

Creating objective rules for spending

Published Sunday, March 10, 2013 - 07:00 by Get Rich Slowly

This guest post is from Mr. F, an Australian reader in his mid-20s who works for the government. We’re often told to “spend money on what’s important,” “spend according to your values” or “spend on whatever takes up most of your time.” So, for example, you should spend money when it comes to things like education, or family, or on a mattress. […]

Ask the Readers: What is the next step?

Published Friday, March 8, 2013 - 07:00 by Get Rich Slowly

J.D. wrote about the three stages of personal finance often. His definitions were: The first stage of personal finance involves learning the basics: understanding compound interest, reducing debt, beginning to save. The second stage is putting the basics into practice: choosing to live frugally, saving in earnest, and pursuing financial goals. […]

The hassle of being in debt

Published Thursday, March 7, 2013 - 07:00 by Get Rich Slowly

This post is from contributor Holly Johnson. A few months ago, I wrote about how we dug ourselves out of debt. Once we cut our expenses and stopped living beyond our means, it didn’t take long to make significant progress against the tens of thousands of dollars we owed. And after a few years of struggle and sacrifice, we finally paid everything off. […]