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80/20 Rule: Use the Pareto Principle to Improve Your Finances

80/20 Rule: Use the Pareto Principle to Improve Your Finances 1

The Pareto Principle, also known as the 80-20 rule or the law of the vital few, is an observation that 80% of the effects come from 20% of the causes. I often use the Pareto Principle in my job, primarily when we work on quality or process improvement projects. A beautiful thing about Pareto is … Read more80/20 Rule: Use the Pareto Principle to Improve Your Finances

5 Ways to Save Money on Kids’ Extracurricular Activities

5 Ways to Save Money on Kids' Extracurricular Activities 4

Whether your child is involved in school sports, music, dance, theater, art, or some other activity that goes beyond the scope of ordinary schooling, participation is costly. There are activity fees to pay, lesson providers to compensate, equipment, and supplies to purchase and, on occasion, trips to go on. All of this starts to add … Read more5 Ways to Save Money on Kids’ Extracurricular Activities

Dave Ramsey’s How to Drive Free and Retire Rich

Dave Ramsey's How to Drive Free and Retire Rich 12

I recently came across the How to Drive Free and Retire Rich on Dave Ramsey’s site. It basically said the normal way of 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, invest, and use the proceed to … Read moreDave Ramsey’s How to Drive Free and Retire Rich

40+ Ways to Save Money, Lower Your Bills, and Cut Expenses

40+ Ways to Save Money, Lower Your Bills, and Cut Expenses 15

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 ideas curated into one big list. The idea behind this list is that you can go down the list and pick out ideas and apply … Read more40+ Ways to Save Money, Lower Your Bills, and Cut Expenses

A Dollar Saved is Better than a Dollar Earned

“A penny saved is a penny earned” is a famous phrase often attributed to Benjamin Franklin. However, Ben never said these exact words (at least according to the Franklin Institute, and if he did, he would be wrong! A penny saved is much better than a penny earned. This is one reason why being frugal is such … Read moreA Dollar Saved is Better than a Dollar Earned

12 Expenses You Could Negotiate for a Better Deal

12 Expenses You Could Negotiate for a Better Deal 19

In many cultures around the world negotiation is a part of every day life. No one pays the listed price for an item; you haggle until an agreement is reached. In American society this is practically unheard of. We tend to see the price tag, determine if we can afford it, and swipe the credit … Read more12 Expenses You Could Negotiate for a Better Deal