If you’re trying to get out of debt, or if you’re trying to save for something specific, or maybe you’re just trying to have more wiggle room in your monthly budget, this is going to help you find some ways to save money or cut costs. Or at least, I hope so. They’ve helped us!
The average American household spends $600 per month on food, and it’s the third-largest budget category for most people. While everyone has to eat, …
A myth about the people going after financial independence is that they’re all dudes in high paying tech jobs.
Penny defies all those stereotypes. Her and her husband are teachers on the path to financial independence. It’s almost as far from high paid tech bro as you can get! They live simply and cheaply after getting their finances off on the wrong foot. Literally. Penny had a problem buying designer shoes.
We cover how to save on Organic foods, name brand vs store brand, how to build a stockpile without breaking the bank, and how I grocery shop to feed my family of 7 on less than $200 per week.
About 78% of full-time workers are living paycheck to paycheck, according to a recent poll, even while earning a decent salary. However, since they do not know what exactly they are spending on, most people end up throwing away money that could have been saved.
Based on my quick calculations, if we could save an additional $500 per month from here on out, we could not only lower the amount we need to save to reach FI by $150,000 – $171,000, but also shorten our time period to FI by about 1.5 years of our already aggressive goal of 9-10 years.
I soon discovered that not only was I spending significantly more than I estimated on food, but also that I would be unable to hit any savings goals until I was ready to be more deliberate in my spending on food.
In her twenties she had 40 jobs, including dishwasher, stripper economist, social worker, tax preparer, organic farmer, bagel deliverer, zine librarian, database wizard, and bicycle valet. She has lived in a geodesic dome made of recycled political yard signs and ridden trains in 31 countries. She is pretty good at saving money.