quick wins

A common lesson from a children’s story book has become one of the guiding principles for investing: “Don’t put all your eggs in one basket.” But lately, I’ve come across a few articles where people are questioning the wisdom of diversification. Today, we are going to ask the question – could you make more [...]

Welcome to the 76th edition of Money Hacks Carnival. In this edition, I’ll be presenting some interesting and fun facts about money along with the submissions. For editor’s picks, please look for entries noted with (EP).

Money Fact #1: $1 bills wear out in about 17 months. Bills of larger denomination last longer because they are [...]

Contents

Introduction
Frugalist Expense Reduction Guide
Frugal Living
Money Savings Tips
Expense Reduction
Smart Spending
Money Software Reviews
Recent Articles

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Frugal Living
Saving Money
Expense Reduction
Smart Spending

Frugal living is the second pillar of wealth building.  This section focuses on frugal living, smart spending, and reducing expenses.  The first place to start is the Frugalist Expense Reduction Guide.

Frugalist Expense Reduction Guide
The Frugalist Expense Reduction Guide is [...]

This guide is intended to provide readers with ideas, how-to’s, and resources on frugal living and expense reduction. It will explore aspects of frugality and provides practical ideas on how to save money and reduce your expenses. Spending less than you earn is the core component of good money management, and a vital part of [...]

Risk management is a methodology to mitigate negative consequences resulting from threats and uncertainties. In this article, I’ll be exploring financial risks focused on personal finance and how to minimize these risks. Since risk management is a huge topic, I am going to limit it within the scope of the REAL Wealth Building framework — [...]

It seems like whenever I write about expense control, I have the tendency to get all geeky. Let’s be serious, how many people would actually use the Pareto Principle and Quick Wins to reduce living expenses? Well, today I am going to show you yet another way to look at your expenses — a good [...]

This article was part of the Money Blog Network February 2008 Group Writing Project.
When it comes to budgeting, there are two main camps on this matter — either you swear by it, or you believe budgeting doesn’t work. For example, Nickel coined the term reverse budgeting and pretty much said he saves as aggressively [...]

In “Using Pareto Principle to Improve Personal Finance” post, I demonstrated how we could use the Pareto principal to focus our limited resources on the things that will give us the most benefits. Raymond from Money Blue Book commented:
“Interesting concept — so is it suggesting that I would be better of not trying to save [...]