While this may seem counterintuitive, buying books is more frugal than borrowing them from the library. At least that’s true in my situation. And that’s why I never go to the library. So if you’re interested in buying a condo, for example, buy a great book on it – don’t borrow it from the library. […]
Understanding Finance, Starting At Scratch
Understanding finance when you have very little knowledge can be daunting and intimidating. Questions like, “How should I invest?” or “Should I pay off my mortgage?” can seem so difficult to answer. But don’t fall for it. This is not rocket science and I guarantee that if you really want to understand how investments and […]
Is Saving Money Wasting Money? Sometimes…
I spent Sunday afternoon at the Frugal Festival. Lots of people there were interested in talking about ways to stop wasting money. To be frank, I surprised myself by having more fun than I thought I would. I met some great people there. Seems like frugal is cool, and I was delighted to be part […]
Need Motivation? How About a Kick in the Arse…Wealth Pilgrim Style.
Does someone you know need motivation badly? Are they waiting to get fired up before they get to work on improving their financial situation? Are you the one trying to fire them up? Here’s a better idea: fire them instead. This can be a very tough thing to do, especially if it’s your kid we’re […]
Learning about Money from Pigeons
Learning about money doesn’t have to be boring. In fact, I picked up a few key concepts from some pigeons, believe it or not. This was surprising. But having said that, a recent experiment indicates that we can learn a lot about how to manage our financial lives from these winged wonders. Even if you […]
Should You Accept an Early Retirement Package?
If you’ve been offered a retirement package, how do you decide whether or not to take it? That question haunted Jenny for the last 12 months. Her employer was forced to reduce staff and offered Jenny and a number of other long-term employees an early retirement package (he didn’t know how to run a successful […]