Into our third topic of this scroll: car insurance. An unavoidable expense when owning a vehicle, yet can vary drastically in cost between individuals. Insurance is a tricky beast. It is such a hassle, and never gets used. Then, suddenly, it saves us from having to pay a huge amount of money when something goes wrong or gets damaged...
Now that we understand the massive financial benefit of buying used, older cars, we can focus in on the other costs that occur from owning these machines. Your car is a beast that requires huge costs in maintenance and fuel.. Firstly, I'm gonna tackle gas. Gas is a resource people are constantly complaining about the price of...
Generally, the top three personal expenses are shelter, transportation, and food. Hence, let's look at how to patch that transportation money leak where it begins: buying a car. In essence, cars are money vampires...
Clan, I am most fortunate to have my companion's support in my endeavours. It is not always easy talking about money with a partner. Nicole has been accommodating and adaptable in finding ways for us to work together towards financial freedom. We did not begin with similar mindsets about money...
Welcome back pal. Let's pick up right where we left off. Time to tackle the actual strategy of planning meals, capitalising on budget grocers, keeping to the essentials, analysing the receipts, and finally, rejoicing at the success we create! Time to save money on groceries...
"I'm spending so much money on food!!" Said everyone, at some point. You deserve to create eating habits that save you money. Fear no more, Dr. J is here to shed light on money-saving food-gathering techniques. We have been actively fighting our food bills for months...
Time to stash the first big haul in my treasure chest! This year will mark the first that I am getting steady (non-co-op) pay for the whole year! Meaning I can make solid predictions on my income. Furthermore, using the data from my...
Time to get personal with you clan. Let's analyse my spending breakdown from 2019. How could I be credible if it turned out I was living paycheque to paycheque, or had an outstanding credit card balance. Not that you're screwed if that's your situation now -- we shall persevere and conquer!
Yee-haw! Onward to part 2. Let's find out why indeed tracking all that action from part 1 is truly important. We're going to learn how to organise that spending information. Now that we are in the habit of recording our spending (or giving it a shot)...
Tracking expenses at its core is the most important step to growing wealthy. Amazingly, most people try to ignore this crucial step. When I saw that paycheque of how much my company had paid me that year for my time and effort versus how much I had actually kept to improve my net worth, it made me feel a bit like a schmuck...