All The Simple Dollar
Four things to do today that will save moneyHamm offers four things you can do starting right now to save money and set you on a better track.
Does buying in bulk lead to overconsumption?Buying in bulk is generally cheaper, it's true. But if it encourages overuse, the potential savings could be lost.聽
Are you a renter or a keeper?Financially, people can be divided into two categories: renters and keepers. Ownership requires going without some things for now, while the philosophy of indebtedness lets you sacrifice some of the future to have those things now.聽
Making financial independence a part-time jobIf your goal is to maximize your financial flexibility down the road, the best way to do that is to maximize the gap between your spending and your income and put that difference to good use, Hamm writes.
Investment taxes: How do they work?Investment taxes can be complicated, Hamm writes, but there are a few rules you can follow to make things easier for you.
The 'I'm never going to retire' retirement planWhat you choose to do with retirement money is up to you, Hamm writes. It does not have to involve any sort of traditional retirement if you don鈥檛 want it to.
How many hobbies do you really need?Having too many hobbies can cost you unnecessary time and money.聽Figure out a small handful of core hobbies to focus on and discard the rest as active interests.
Shorter mortgage or lower monthly bills?For new homeowners, the decision between a shorter-term mortgage and a longer one with much lower monthly bills is a tough call. Use non-financial elements of your personal life to determine which is best for you.聽
Living off savings: When is it possible?Can you live off your savings? Figuring it out starts with calculating how much it actually costs you to live for a year.聽
Five signs of bad financial adviceHamm offers five red flags to watch for when receiving financial advice.
Question every purchaseWhat is your idea of a better life? How many of your non-essential purchases are in line with that idea? It鈥檚 something well worth thinking about, Hamm writes.
Five ways to make self employment workIf you are thinking of taking on some type of self-employment or working at home, here are five key things you need to concern yourself with.
How to 'reverse bribe' your childBribery in early childhood grows directly into a sense in early adulthood that you deserve a 鈥渢reat鈥� for just completing the basic expectations of life, Hamm writes. Parents should instead consider a technique Hamm calls "reverse bribery."
Is it time to trade in your car?If you start preparing now, when the time comes to trade in an old car, making the change will actually be quite easy, Hamm writes.
How to save money on a computer upgradeHamm offers four ways to聽save money on a new computer when it's time to replace your old computer.
Stop looking at your retirement accountsTinkering with your retirement accounts costs you money, Hamm writes, and looking at your retirement accounts makes it tempting to tinker.
Avoiding the impulse buy when shopping onlineOnline shopping is an impulse buyer's dream world, Hamm writes.聽If you have a sudden impulse to buy something, you can go online shopping and quickly find it.
Adding 'flex' to your budgetEven the best-prepared household budget will encounter unexpected expenses. Some flexibility can help.聽
Before you buy more, enjoy what you already haveYour hobby isn鈥檛 buying new stuff, Hamm writes. Your hobby is enjoying whatever it is that your hobby is truly about.聽
How much is 'enough'?One of the biggest keys to financial success is to wake up in the morning, look around your life, and feel as though you have enough, Hamm writes.
