I realized I was on a trajectory to live an unremarkably average life. That is, I was living my own life from the passenger side and allowing other people’s beliefs to drive my decisions. I was unhappy living like that and accrued $80,000 in debt doing so. I decided to take control and escape my miserable reality.
3 minute read ∙ After seeing Marvel’s Black Panther, I reflected on the personal finance themes I saw throughout it. Imbedded in the movie is the question of whether giving back is the right thing to do. Read about this and other key finance lessons from the movie.
2 minute read ∙ I am currently reading Think and Grow Rich by Napoleon Hill, which discusses practical steps to becoming rich. I am debating if I should step up my pursuit by increasing my 401(k) contributions to 15%. Get the scoop on what I decide and read my February Progress Report.
3 minute read ∙ If you are looking for a way to earn money fast, try selling your used books online. You just need to search several sites (using Book Scouter) to find out which ones will give you the most money for your books. Read for my breakdown of what you need to know and which buyback companies to check out.
5 minute read ∙ One of the smartest money moves you can make is saving for retirement. If you are not self-employed, the employer sponsored 401(k) is a great investment tool. Read for all the basic information you need to know about the 401(k) retirement savings plan.
4 minute read ∙ If you are tired of being crushed by debt, you may be considering debt consolidation. It sounds like a way to wash away debt fast, but it is not. Before you consolidate your debt, read about the pros and cons, and check out alternatives here.
1 minute read ∙ A passage from the book The Untethered Soul: The Journey Beyond Yourself by Michael A. Singer showed me that my inner energy is limiting my own appreciation of my current achievements and preventing me from recognizing how much I have accomplished.
4 minute read ∙ Happy Valentine’s Day! In the spirit of love, I have Mr. Slim Fit Wallet back on the blog. This time we are sharing our thoughts on the perfect cheap date. We believe that being on a budget or getting out of debt should not deter someone from dating. Check out our suggestions.