rich dad

Many of us were not taught the importance of personal money management when we were young. We did not learn to save, invest, allocate, or how to make our money work for us. Many of us are in debt, have no idea how we got here and do not know how to start digging ourselves [...]

I recently came across the How to Drive Free and Retire Rich slideshow on Dave Ramsey site via a fellow blogger Pat. The slideshow basically said the normal way thinking about car ownership is all wrong and there is a better way to go about this. Dave Ramsey proposes that you save your money first, [...]

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 [...]

The Cash for Clunkers Bill (aka. Gas Guzzler Rebate) entitles you to a $3,500 or $4,500 credit for trading a drivable car made within the last 25 years, with a combined city/highway fuel economy rating of 18 mpg or less to a new higher fuel efficiency car. If the mileage improvement is 4 mpg or [...]

One of the quickest ways to improve your finances is to reduce your expenses and find more ways to save money. This article is a compilation of various money saving articles that have been published over the years. A few tips are also highlighted from each article. Make sure you follow these links to see [...]

Dave Ramsey’s Baby Steps is a financial plan designed to help you get your finances in order, get out of debt, and achieve financial freedom. Dave Ramsey has taught these Baby Steps to millions via radio, The Total Money Makeover, Financial Peace University, and on DaveRamsey.com. In this article, I’d like to walk you through [...]

If you’re a regular personal finance blog reader, chances are you’ve heard about Dave Ramsey and Debt Snowball. Personally, I have mentioned both Dave Ramsey and Debt Snowball a few times, but never write directly about it. In this article, I’d like to provide a brief introduction, an illustration, and links to related resources.
What Is [...]

About a week ago, Mrs. Micah wrote What My Parents Did and Didn’t Teach Me About Credit and Money Management and that got me thinking about financial lessons that I learned from my parents.  I can definitely say that I didn’t learn anything about investing, budgeting, or building alternative income streams from my parents.  They [...]

On Friday, I received my Social Security Statement and looked closely at it for the first time. Although, I have been getting these statements for years, I have never paid too much attention to them until now. The reason? My mom is turning 65 this year, and I need to figure out her options.

Some Facts [...]

Last night I came across a site that talks about the power of referral; specifically word of mouth. For example, you like Moolanomy so you recommend it to three of your friends, then they turn around and do the same to three other friends. Awareness about this blog could spread to over a million people [...]