Living without a credit score is one of the basics of personal finance that I teach on a regular basis. However, I’ve found that telling people they don’t need a credit score tends to freak people out a little. Most people get this weird look on their face and politely listen to what I’m saying. […]
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What is a Sinking Fund and Why Do You Need One?
One of the top things I teach here at CFF is the importance of budgeting. If you want to succeed financially, it’s absolutely essential that you have a solid plan for your money in the form of a budget. When you don’t, you usually end up like the majority of people who are living paycheck […]
3 Reasons Why Your Budget Fails
The following is a guest post by Joseph Hogue: Budgets are like New Year’s Resolutions, we all make them but few ever last long. Make sure you’re not setting your budget up to fail with these three budget fixes. Consumer debt in the United States reached $625 billion in April, near the record set […]
Does God Want Us to Have Nice Things? The God and Wealth Debate Continues
Some people can get kind of weird when you start talking about God and wealth. So many of us are taught that poverty and lack of material goods breeds humility and brings you closer to God. At the other end of the spectrum are the preachers asking their flock for a new $65 million private […]
12 Things You Should Know About Me
When I started the Celebrating Financial Freedom blog and course in 2011, it was very difficult to share anything personal with my readers. I really wasn’t used to putting my life on display for everyone to see. I didn’t want it to be about me. Over the years I’ve learned to be a little more […]
Money Making Idea #15- How to Buy & Sell Overstock Items For a Profit
This Money Making Idea is a great way to start a side business. If you do well, you could even transition this money maker into a full time business with a full time income to boot. A lot of people make a living selling overstock and liquidated merchandise, and there is certainly room for more. […]
Reverse Mortgage Advantages and Disadvantages
A Reverse mortgage is heavily advertised as a great way to provide retirement income for cash strapped homeowners. Usually you’ll see reverse mortgages advertised using an aging TV or movie star encouraging seniors to unlock the equity in their home to provide extra income during retirement. But is a reverse mortgage really as good as […]
13 Tips to Save $200 Per Month Right Now!
One of the top subjects the CFF community has told me you want to hear about is how to save more money. So let me ask you a question: What could you do with an extra $200 every month? Would you pay down debt? Put money in an emergency fund? Save and Invest for the […]
Save For Retirement or Pay Off Debt- What Should You Do First?
One question I hear quite often from readers who are getting out of debt: “Which should I do first, save for retirement or pay off debt?” It’s a common question that leaves a lot of people confused. There is plenty information available on the subject. But no clear consensus about the best way to proceed […]
5 Easy Ways to Save Money at the Grocery Store Without Using Coupons
Saving money at the grocery store is a great way to use your money more efficiently. Most experts (me included) recommend that your food budget should be between 5-15% of your take home pay. This includes groceries and eating out combined. My family and I typically stay within that range, and we don’t feel deprived […]
