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Home » Archive by category "Money Management"
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Financial Literacy: Taking Your First Financial Steps

Posted by John in Money Management
walking like financial literacy

These last few weeks and months have been an exciting time in the Frugal Rules home. Our youngest, JP, has been slowly learning how to walk. Having a five and three year old already, we’re well aware of what goes on as a child learns to walk. They start out trying to stand, then after …

40 comments 76 days ago

What is Mobile Wallet and is it Worth the Risk?

Posted by John in Money Management
mobile wallet

Whenever Mrs. Frugal Rules and I go somewhere, one of the last things I do before we head out the door is slip my wallet into her purse. I can’t stand riding around with my wallet in my back pocket, especially when my smartphone is filling up my front one! Besides, with three little ones …

43 comments 77 days ago

Are Rich People Really That Different From the Rest of us?

Posted by John in Frugal Living, Money Management
Rich People

Last week Jason over at Frugal Habits wrote a nice post on The Frugal Habits of the Rich and Famous, which got me thinking about rich people and what it means to be rich. I then read this interesting article on Yahoo Finance and thought it dovetailed nicely with Jason’s post. The article discusses points …

65 comments 233 days ago

Is a College Degree Worth it?

Posted by John in Money Management, Uncategorized
College Degree

I read an article recently on Yahoo Finance that discussed a new study related to getting a college degree and the subsequent student loan debt that can come with it. As a side note, if you don’t read Yahoo Finance, then I highly recommend it as it has a wealth of information. The study showed …

62 comments 238 days ago

How to Spend Money Like the Government

Posted by John in Budgeting, Money Management
Spend money like the government

I’ve often wondered what life would be like if we spent money like we had no worries. Sure, it might be fun for a while, but spending money like that would end soon for many of us who aren’t buried in Benjamins. To gain financial freedom we must not only be frugal about how we …

39 comments 239 days ago

How Budgeting is Like Potty Training

Posted by John in Budgeting, Money Management
Budgeting

Anyone’s who’s had the fun of potty training a child knows that it can be an experience like no other. The child might cry at the sight of a restroom, they might (i.e. will) have many accidents and it takes time to have success. My wife and I are ready to start the fun journey …

54 comments 252 days ago

Is Buy and Hold Stock Investing Dead?

Posted by John in Investing, Money Management
Buy and Hold

Investment philosophies are as plentiful as grains of sand in the sea. Some are good, some aren’t so good. Few have been as staid as the buy and hold stock investment strategy. I am using the term “stock investing” loosely as it can apply to stocks, mutual funds, bonds…you get the point, I am meaning …

39 comments 253 days ago

Find Financial Safety With an Emergency Fund

Posted by John in Budgeting, Money Management, Saving
Start your saving strategy with an emergency fund.

Years ago I learned a simple expression that made a sizable difference in my financial life. It was the expression “Plan for the worst, hope for the best.” My optimistic wife might say that using a phrase like this is pessimistic but I like to call it realism. Life can throw many things at us. …

43 comments 260 days ago

How to Easily Determine Your Risk Profile

Posted by John in Investing, Money Management
skyiving

Investing in the stock market can be a daunting and overwhelming task. There are many moving parts to think of and you’re about to put some of your money into it. There are stocks, bonds, and mutual funds, to name a few investment choices, yet you don’t know what suits your investment needs. This can …

35 comments 261 days ago

What the Government Teaches About Living Without a Budget

Posted by John in Budgeting, Money Management
Budget

It’s election season in the US, and if you’re like me you’re tired of listening to the talking heads and seeing all the negative ads on TV. Regardless of what side of the aisle you line up on, one important thing is getting lost in the hubbub, and that’s our country’s debt and lack of …

41 comments 272 days ago
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