I ran across a great exercise (via the article The Harsh Reality of Living with Next to Nothing) called Spent. It’s a website that challenges visitors to make it through an entire month living on very low wages. I made it to the end of the month once or twice, but only after making some very tough decisions. This certainly helps prioritize expenses (and makes you grateful for the things you can afford).
The Frugal Roundup
This is Why You Can’t Make Money in the Stock Market. Perhaps this is why it pays to be a contrarian investor. Sell when everyone else if getting in at the top and buy when everyone is selling at the bottom. Takes a lot of fortitude.
How Anyone Can Retire In 10 Years (or less). I really enjoyed this one because it is very thought-provoking. Often we focus on making big bucks to become financially dependent, but the expenses side of the equation are just as important. (via The Daily Crux).
Cheap Ways To Buy Dividend Stocks. High quality, high-yielding stocks with a long history of increasing dividends may be the safest play of all over the next couple decades.
Putting Food on the Table When You Can’t Make Ends Meet. Unfortunately, this post will be relevant for far too many. My best advice to those facing a real hardship: do your very best to be self-sufficient, but don’t be too prideful to ask for help if you truly need it.
How to Make a Bug Out Bag: Your 72-Hour Emergency Evacuation Survival Kit. I always enjoy getting a look at others’ bug out gear. I just about always find some inspiration to add to our collection.
Should You Use an Inheritance to Pay off Debt? I say pay off your debt and move on with your life. Make the inheritance a true blessing by avoiding the behavior that led you into debt in the first place.
Best of the Rest
- 10 Ways to Waste Money on Gas
- Is It Better To Be Busy or Have Nothing To Do?
- Calculating the Best Balance Transfer Rates
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