I wanted to be a full-time writer. So, I came up with a naive plan: Live more frugally; save and invest; free myself to do the work that I choose.
People often create spending rules because they don't trust themselves. But if you can develop that trust, you can save even more.
by: Philip Brewer | channel: Lifestyle
Do you use credit to manage cash flow fluctuations or to live beyond your means? Here's a simple, practical test for keeping your debt under control.
by: Philip Brewer | channel: Debt Management
After years of production problems, the new $100 bill finally has a date of issue — October 8th. Learn what's new and different.
by: Philip Brewer | channel: Personal Finance
A lot of healthy food — organic, locally grown food — comes at specialty food prices. But with some planning and smart shopping, you can eat both well and cheap.
by: Philip Brewer | channel: Food and Drink
Recently, there's been no reason to pay much attention to how you store your cash — it doesn't earn enough interest to worry about. That's about to change.
by: Philip Brewer | channel: Banking
Despite what some people think, you don't have to be a hermit to be frugal. Learn how you can have a fun social life AND maintain your budget.
by: Philip Brewer | channel: Frugal Living
You've seen stories about compound interest adding up to big savings. That can happen — but often, it's not the whole truth.
by: Philip Brewer | channel: Investment, Retirement
Standard financial advice is full of things to do first — emergency fund, 401(k), paying off debts...but what REALLY comes first?
"Is college worth it?" has become a difficult question to answer — and answering wrong could saddle you with years of debt. Here are your options.
by: Philip Brewer | channel: Debt Management, Education & Training
People often recommend cutting out little expenses to help get back on financial track. What's rarely mentioned is that this alone won't solve the problem.
Retirement planning has changed a lot since the economic downturn. But the things you need to understand and do are still very simple.
It's worth tracking your spending because it's the only way to learn where your money is going. But it's worth doing for another reason as well.
Stockpiling for an emergency might seem like a good (and frugal) idea. But in reality, your time and money is probably better spent.
A recent study suggests that many workers can't afford a decent place to live. But is truth that we need to change our concept of a good standard of living?
The Rolling Jubilee is a great PR move — buying, then forgiving debt from real people. But in terms of change, one writer says it might hurt more than help.
by: Philip Brewer | channel: Consumer Affairs, Debt Management, Financial News
You probably think about costs in terms of currency. Experiment with this alternative way of thinking that could change how you work and spend.
There's a good chance that the "fiscal cliff" America is about to go over will be a non-issue. But that's no reason not to do a bit of preparation.
People who say, "It's not a problem; it's an opportunity" might be jerks. But they might also have a good point.
by: Philip Brewer | channel: Frugal Living, Personal Development
When time and money are tight, it's natural to try to narrow down what you're trying to get done. But the opposite might be what you really need.
by: Philip Brewer | channel: Life Hacks
Stop worrying that you won't have enough money in retirement. Instead, follow these tips to ensure you remain financially comfortable as long as you live.