Einstein is often credited with the declaration that compound interest is the most powerful force in the universe. Even though it seems he didn’t say anything of the kind, the proposition remains true: compound interest is potent and something you … Continue reading
Think you have to spend money to have fun? Think again. Living on a really tight budget because you want to get out of debt or retire early doesn’t have to mean sitting in a dark room eating noodles. It … Continue reading
Your net worth is the sum of all of your assets minus your liabilities (or debts). I calculate my net worth every month as you can see in my sexy graph above. This provides me and my partner with a … Continue reading
This is a guest post from Kraig at Young, Cheap Living. Kraig is 28 years old and is on a mission to save all he can and reach financial independence as soon as possible. He knows what it’s like to be … Continue reading
What is impulse buying? Impulse buying is unplanned spending where the decision to buy is made immediately before purchase. Impulse buying is normally motivated by emotional thinking where there is a perception that a purchase will bring a change in … Continue reading