Did Michelle Singletary Go Too Easy On Mr. Richie Rich?

Michelle Singletary writes a weekly column for the Washington Post called The Color of Money. I’ve always enjoyed her writing because I find it to be so practical. Yesterday she wrote an article called, Too Rich To Be Poor-Mouthing, which discussed her readers’ reactions to a couple struggling to save a little extra on a […]

Find Out If You’re On Track To Retire Early

Money Magazine this month published a chart that quickly tells you if you’re on track to retire at age 60. If you hope to retire at age 60, your savings should equal this number times your salary: The chart assumes a 35-year retirement at age 60 with 80% of pre-retirement income. It also assumes social […]

10 Online Budget Tools

There are a lot of free online budget tools available to help you manage your money. As you know from previous posts, spending less than you make is the most important habit to develop if you’re seeking some degree of financial freedom. Along with good advice from readers and other bloggers, I’ve assembled a growing […]

A Simple Approach to Budgeting

I hate budgeting. I’ve tried using envelopes, Mvelopes, Quicken, and fancy spreadsheets and the results are always the same. I start off strong, but within a few weeks I lose interest in the time-consuming chore that budgeting can be. The problem is that I still need to manage my money. I confronted this problem about […]

55 Painless Money Saving Tips

Last week I wrote about ways to develop the habit of spending less than you make. To continue that topic, here are some practical and painless money saving tips to help you save some cash each month. I’d like to get the number of tips to at least 101, so if you have some money-saving […]

How to Develop the Habit of Spending Less Than You Make

If I could write just one thing about achieving financial freedom, it would be this–spend less than you make. Like all habits that lead to financial freedom, spending less than you make is simple to understand, but hard to follow. For some reason, we always want more. At times in my life I’ve made very […]