My favorite stories that people tell me are about the strategies that they use to travel cheaply and the experiences that they’re able to enjoy by doing so. I love traveling but, as we all know, I don’t love spending money. However, I’m more apt to spend money on a trip than on most material things. Even so, I still don’t want to pay more than I have to. I’ve recently been able to speak with four people who frequently travel cheaply and I wanted to share a little bit about how they do so and what I’ve learned from them.
Sacrifice
Increase Your Net Worth By 7,307% In One Year? It Can Happen.
Today, I’m going to take the opportunity to brag on Amanda’s financial progress. From July 31, 2017 to July 31, 2018, she was able to increase her net worth by 7,307%. I think that’s pretty incredible.
Do You Know Where Your Money Goes?
I challenged myself in June to limit myself on unnecessary spending. This included things such as eating out, buying stuff that I don’t really need, and limiting entertainment expenses by utilizing things that I already have available to me. But, I wasn’t too strict on myself and I feel like I could have definitely done better.
Can money buy happiness? It depends on what you do with your money.
XY Planning Network published an article this week titled Can Money Buy Happiness? Maybe Says Elizabeth Dunn which made me think of a couple of similar conversations that I had this week. One of those conversations was with a friend who is my age and one was with a gentleman at the gym who I talk to most days of the week and who is about my father’s age.
The 35-Year-Old with Almost 3X Salary Saved
In my opinion, there’s a lot to be said for living a simple life. I see a lot of value in a life where you don’t feel the need to get caught up in all of the latest trends, to compare yourself to others, or to spend money to impress others.
Apparently young people don’t want to hear about saving for retirement
Last week, Alessandra Malito published an article for MarketWatch titled Money Milestones: This is how your finances should look in your 30s which caused an uproar among millennials on Twitter.
Make Saving Easy
If you’re not good at saving, try making it as easy on yourself as possible.
How I Created my Financial Foundation
When I graduated college, I knew I wanted to live close to work but I didn’t have anyone to live with.
Telling Friends “No”
One of the hardest parts about being intentional with your money and trying to be financially wise is having to tell others “no”.