Comments on: Achieving Financial Freedom One Expense At A Time

By: Pinyo

Pinyo — Mon, 06 Jul 2009 16:44:47 +0000

@Steve – Yes, smaller is better when it comes to making financial progress. I don’t know about Starbucks, I brew my own coffee and it’s paid for life.

By: Sunday Money Roundup - Taking A Short Break Edition. | My Two Dollars

Sunday Money Roundup - Taking A Short Break Edition. | My Two Dollars — Sun, 05 Jul 2009 13:30:46 +0000

[...] Moolanomy wants to help you Achieve Financial Freedom One Expense At A Time. [...]

By: Steve

Steve — Sun, 05 Jul 2009 03:11:56 +0000

This is a helpful way to look at spending patterns. Anything that breaks down the big picture into small, easy steps is worthwhile. I guess that for those of us who like Starbucks, we will have a lot to save for that Starbucks retirement account

By: Good Reads: Celebrating The 4th : Domestic Cents

Good Reads: Celebrating The 4th : Domestic Cents — Fri, 03 Jul 2009 10:19:51 +0000

[...] Achieving Financial Freedom One Expense At A Time from Moolanomy (A great read if you’re closing in on retirement but your savings is a little behind) [...]

By: Pinyo

Pinyo — Tue, 30 Jun 2009 13:12:55 +0000

@Matt – I agree. A lot of nice tips in that short video. I am planning to write more about them.

By: Matt Jabs

Matt Jabs — Tue, 30 Jun 2009 05:06:58 +0000

I saw the video a few days ago and was impressed with a few of Robs techniques. I always appreciate the counsel of someone who has already achieved a goal that I am currently striving for!

My two favorite points he brought up were:

1. Calculating money spent as hours of your life spent earning that money. This is a great concept & one that should be brought to everyone’s attention. Since our culture has such a problem with impulse purchasing, this is an effective way to educate and provide concrete evidence for the true, long-term effects of our spending.

2. Importance of short term savings goals. This has been a key to success for my wife & I because we are able to see progress on a steady basis. I believe if you try to do too much too fast, without setting small attainable goals along the way… you risk burnout!

By: Mikael @ Retire Early

Mikael @ Retire Early — Mon, 29 Jun 2009 10:54:52 +0000

Taking small steps is the only way to go. Actually I don’t know of anyone that has moved ahead taking giant steps. Sure you can argue that for some people their steps might be smaller than other people’s steps and in comparison they might look giant but I am sure that the people taking the steps will still see them as small.

The cumulative effect of small steps is enormous. Great post and a good reminder!

Mikael

By: DivorcedDadFrugalDad

DivorcedDadFrugalDad — Sun, 28 Jun 2009 14:46:07 +0000

Interesting approach. I always talk to people (lately a friend who wants to start side businesses) in terms of creating monthly passive income to replace monthly expenses . . . a system and some discipline goes a long way.

By: Friday Links | The Canadian Finance Blog

Friday Links | The Canadian Finance Blog — Fri, 26 Jun 2009 09:04:20 +0000

[...] Moolanomy shows how to achieve financial freedom one expense at a time. [...]

By: Nicki at Domestic Cents

Nicki at Domestic Cents — Thu, 25 Jun 2009 12:32:26 +0000

I think this is great. It seems like there are more and more people out there nearing retirement age without having the money saved to be able to retire. Plans like this can instill some hope I think. I have a grandmother in her late 70s who still works 30 hours a week because she has nothing in retirement.