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Get Rich Slowly

Personal finance that makes cents.

Latest Posts from Get Rich Slowly (page 8)

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. […]

Play hooky for money

Published Wednesday, March 6, 2013 - 07:00 by Get Rich Slowly

This is a post from staff writer Robert Brokamp of The Motley Fool. Robert is a Certified Financial Planner and the adviser for The Motley Fool’s Rule Your Retirement service. We at Fool HQ did it again: We had a company-wide financial health day. As we did three years ago, we encouraged Fool employees to clear their professional decks in order to tackle personal financial tasks. […]

How to plan for a worst-case scenario

Published Tuesday, March 5, 2013 - 07:00 by Get Rich Slowly

As many longtime GRS readers know, a few years ago I quit my job to become a full-time writer. The decision to ditch a job and leap into self-employment always brings up a lot of big questions, like where to get health care and how to adjust to working alone. But the biggest question on my mind was about income. What if I lost a major client and my income suddenly dropped? […]

Taking the semi-retirement plunge without drowning in debt

Published Monday, March 4, 2013 - 07:00 by Get Rich Slowly

After spending months working 60 or 70 hours per week, realizing that life is all too short, and preparing for our kids to come home, it’s time for a new financial paradigm of my own: I’m semi-retiring. I had always been perplexed by those who, say, retired early to travel to exotic locations. […]

Reader Stories: The frugal Orioles fan

Published Sunday, March 3, 2013 - 07:00 by Get Rich Slowly

This post was written by Kurt Smith, author of Ballpark E-Guides, PDF-format guides that help fans get the most bang for their buck at the ballgame. He’s been called “MLB’s Worst Enemy” by “Connecticut Morning,” a TV program on which he is a frequent guest. Some reader stories contain general advice; others are examples of how a GRS reader achieved financial success or failure. […]

A scholarship for small-business folks

Published Saturday, March 2, 2013 - 07:00 by Get Rich Slowly

We’d like to republish this information from Wednesday’s post to help spread the word about this great opportunity. With student debt now topping credit card debt (see page 3 of the PDF), every penny that you can find to put toward education is wanted. We hear a lot about student loans, but not so much about scholarships as a way to pay for education. […]

Ask the Readers: What can you do this month to earn an extra $150?

Published Friday, March 1, 2013 - 07:00 by Get Rich Slowly

And here we are in March! We’d like to check in with a series of challenges to help us achieve some goals this year. In February, we gave you the challenge of giving up something (or a series of somethings) for one month to save $250. How did you do? […]

The sneaky sales strategies of your local grocery store

Published Thursday, February 28, 2013 - 07:00 by Get Rich Slowly

It’s Thursday, and I’ve been to the grocery store five times this week. This isn’t normal for me. Usually, I take the time to plan and list what I need and get everything in one frugal, fell swoop. Not this week. Nope — this week I battled with work, deadlines and 14 days’ worth of laundry. They all won — I surrendered. […]