How To Go Broke Quick In 5 Easy Steps : Our Net Worth Update Jan 2018 (+0.39%)

THE PURSUIT OF HAPPINESS STILL HAS TO PAY THE BILLS   If you want to learn the secrets about how you can go broke quick, I’ve got you covered. It’s not about wanting to earn more money it’s about understanding why you don’t have any. Often it’s easier to see outside a pane of broken glass than it is through a foggy window that seems like it will take forever to defrost. Instead of waiting some people decide to jump out the hole where others will wait for the heat. Why on earth would you want to read about how to go broke quick on a blog about frugal living and budgeting? One simple answer The only way up is making sure you’ve got a ladder that is on solid ground. This means understanding what NOT to do even if you think it’s financial common sense. You might be saying, “I don’t need to find out how to go broke quick, I am broke“. That’s fine and dandy but do you really understand what you got you to this point? I’m not talking about excuses either because those people you pay your bills to, don’t care. It really is painful […]

The Ultimate Guide Of Frugal Living Ideas To Increase Savings : January 2018 Budget Update

INCREASE SAVINGS BY LEARNING WHAT SUCCESSFUL SAVERS ARE DOING   There are tonnes of frugal living ideas saturating the online market so today we wanted to create an Ultimate Guide of Frugal Living Tips that we successfully use. The importance of this guide is to highlight what has worked for us to help us become debt free so young. Well, if you consider 40 young then we’re young. If you consider it old then we’re old. The verbal savings plan Mrs. CBB and I created back in 2012 was simple, “It’s not about how much money you make it’s how you save it” and from there we took off. I know you are thinking that it’s easier said than done, trust me I know especially when there are so many goals you’d like to tackle at once.   Don’t stress yourself out – One step at a time will help keep you motivated   I’m not going to list a million ways you can apply frugal living ideas to your life but rather keep it simple by discussing ideas that work for us. We didn’t go overboard like some frugal fanatics because that wasn’t the route we wanted or needed […]

3 Money Smart Strategies We Applied In Our 30’s To Erase Debt

DO SOMETHING WITH YOUR MONEY THAT YOU NEVER THOUGHT POSSIBLE   It’s still hard to believe that we managed to become debt free including our mortgage before the age of 40. We credit our success by applying simple money smart strategies in our 30’s that got us over the hump. You don’t have to have a degree to become a money smart consumer especially when tackling debt is a matter of choice. You either do it, or you don’t but the end results will be in part the actions of your willingness to erase debt and get the hell out of the rat race. Did you know that Canadians are world leaders in debt. Not something to be proud of really. A report from the Organization for Economic Co-operation and Development (OECD) shows that Canadian households are among the most indebted in the world. In fact, Canada tops the list of countries surveyed.   Debt never sleeps   If you’re one of those people who can’t sleep because you’ve got debt on the brain, you’re not alone. Debt freedom opening hours are all day every day especially when you’re dealing with your financial future. You may sleep but your money […]

Forty Year Old Millionaires Explain Their One Million Dollars : Final Net Worth Update December 2017 (+0.34%)

PEACE OF MIND WITH MONEY SHOULD BE A FIRST STEP TO FINDING YOUR RICH   It’s just one million dollars that bridges the gap, not that big of a deal really. Or is it? As your wealth grows the less attractive previous money goals become only because society has groomed us to believe that more wealth is power. For the average person It just buys more shite, that’s all. Last night I watched Drug Lords on Netflix and not only did it open my eyes to the billions of dollars in the drug cartel but just how fast wealth can create a power so terribly wrong that everyone suffers. Greed is a nasty evil that will always come back to bite you in the arse. You don’t have to be a drug dealer to become that powerful person who makes people around you suffer because they are less fortunate or because you believe you’re entitled to be that way. We have more than enough high-society snobbery to  handle that part of the problem but we interests me the most is how many people we’ve met that aren’t that way. How much money you need to live your rich life is […]

%d bloggers like this: