(The following is a transcription from a video Linda and I recorded. Please excuse any typos or errors.) So, we just bought a minivan. I can’t believe I’m smiling saying that. My wife and I kind of swore off ever having a minivan. But now, we are really happy about it. It’s pretty cool. Once […]
Managing Money
How to earn $175/month with credit cards (Tax-Free!)
(The following is a transcription from a video Linda and I recorded. Please excuse any typos or errors.) We had a reader, one of our readers, one of our really smart readers reached out and sent me an email of how she generates $175 a month using her credit cards. She earns less than $500 […]
10 Free Household Budget Spreadsheets
Someone asked me to share my favorite free household or personal budgeting spreadsheets… Each one of these budgeting templates are free… If you use OpenOffice (basically a free version of Microsoft Office)…
Our 5 Worst Money Mistakes
As a couple, we (Bob and Linda) do our best to make wise financial decisions. After all, we write and speak about this stuff for a living. So, even though it’s hard to admit it, we’ve definitely done some dumb things with our money! One caveat though: What’s dumb for one person may be smart […]
How to calculate your real hourly wage
I am currently reading Your Money or Your Life — which is a great book by the way. And I won’t turn this article into a review of the book since I haven’t finished it yet, but one of the things that I found very valuable the other day was calculating your real hourly wage. It’s not as simple as saying, “I make $400 a week and work 40 hours, therefore I make $10/hr.” When you factor in all the additional expenses of having your job (which some may not be obvious) that you could avoid if you didn’t have that particular job, you begin to see the value in this calculation.
Why marriage is the best financial move [with Chuck Bentley]
I recently sat down with Chuck Bentley, CEO of Crown Financial, to chat and he shared some great advice on marriage and finances. You can watch the video or read the full transcription below. Bob Lotich: Hey everybody, I am excited today because I have Chuck Bentley here, the CEO of Crown Financial, which is […]
10 Money Tips For Graduates
I keep checking my mailbox to get an invitation to speak at a school graduation, but alas, the invitation never came. Therefore, I’m going to share 10 tips I wish I had when I graduated (high school and college). 1. When given the choice to learn from your own mistakes or the mistakes of others . . .
4 Habits of Millionaires (Have Any of These?)
The book The Millionaire Next Door analyzes the financial habits of millionaires. It shares the results from interviews and surveys with millionaires. The goal of the book is to give an accurate idea of what characteristics make a millionaire. I found four of those characteristics especially important . . . .
