Is Dave Ramsey Unrealistic?

Dave Ramsey is known for stating that you shouldn’t borrow money, at all. If you can’t make the purchase with the income or cash you have then you can’t make the purchase.   However, in our society, using credit is not just common it’s ingrained. Credit is used to make large purchases such as cars, houses, large appliances for the home or business, loans for education etc. I remember not…

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10 Actions Needed for Financial Freedom

The terms financial freedom and financial independence generally refer to the same concept or ideal. However, individuals consider them to mean different things. For some they mean debt free, having the ability to live without working to earn income, or being financially secure and not stressing about money. Whatever your definition of financial freedom, there are some key actions that you should take to get you on the right path…

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How to Save Money on Holiday Travel

Holiday season is the one of the busiest if not the busiest time of the year to travel. Of course, you’re spending money on tickets or renting a car and gas, but there are some other areas where you’re spending money as well. You could be spending more than you have need to spend. Check out how to save money on several different aspects of holiday travel .  1) Don’t…

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5 Tips for Cutting Costs on Thanksgiving Dinner

It’s almost Thanksgiving Day, just two weeks left. Many of us celebrate Thanksgiving by eating large meals with friends and family. We have our traditional dishes that are made special for the holiday or that special someone who’s finally home for a visit. The special dishes and meals themselves also need to feed a large number of people. Getting so much food can get expensive especially around a time of…

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4 Tips to Combat Holiday Marketing and Save Money

As soon as October hits, marketing for the holidays starts. We are bombarded with commercials and ads for Halloween, Thanksgiving and Christmas. No matter what your religion or which holidays you celebrate or observe, the commercials and ads get you thinking of your upcoming holidays and traditions. The marketers and companies that have paid the marketers good money to create the campaigns are hoping to direct your thoughts and emotions…

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3 Habits of Millionaires You Should Adopt

We’ve all seen the lists that come out every year naming the wealthiest people in the world and the country. The billionaires and millionaires, individuals whose net worth are in the millions and billions not the people who simply make millions (yes there is a big difference). People who build wealth tend to be focused. They keep their eyes on the prize and most think big and outside the box.…

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3 Personal Finance Rules to Throw Out During Hard Times.

As I was going through some personal finance rules that are very good to follow, I thought of the individuals who may be experiencing economic hardship and how this may be conflicting information. If you don’t have any income, no money coming into your household, then some of the rules don’t make much sense for you to adhere to at this time. You have to play by a different set…

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DIY. How to save money on clothes.

When it’s time for the seasons to change, we start putting away last season’s clothes and pulling out clothes for the new season, placing them within easy reach. Before summer actually arrives, I’m already impatiently awaiting the warm weather, long days of sunshine and summer clothes. The promise of autumn finds the same behavior of preparation with pulling out scarves, long sleeve shirts, jackets etc. Now, I know the trends…

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Groceries for two on less than $200 a month. How to save money on groceries.

One of the biggest expenses in the household is usually the food budget, which increases as the family size increases. Shopping for groceries can be an extreme chore that eats up a significant portion of your income. According to the U.S. Census, in 2010 a family of four spending moderately paid about $800 per month on groceries alone, this excludes eating out. That’s a whopping $9,600 per year on just…

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Saving Money Habits and Wealth. How do Americans compare?

  Saving money is crucial to building wealth as you’ll see below. However, many of us do very poorly with saving money. The statistics are really shocking. How does American saving money habits compare to others across the world? We’re getting completely crushed by individuals in other countries. Why does this matter? Find out below.   America Although America is deemed one of the richest countries, many of us have…

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