Why (and How) Every Family Should Learn to Live on One Income

live on one income

Money is an important part of our lives because of the opportunities and possibilities that it presents. Learning to live on one income can have a huge impact on you and your family – more so than many will ever realize.

Reduced stress, more flexibility, better use of your money, and possibly even early retirement!

…These are all potential benefits when you learn to live on one income.

In today’s society most families live on two incomes. However, there are significant benefits to reducing your dependency to just one of those incomes. This article isn’t about why your family should give up one income, instead, this article is about living expenses and flexibility. Regardless of whether your family is a one-income or two-income family, using only one of the incomes to cover living expenses can be a great move.

Why (and How) Every Family Should Learn to Live on . . . → Read More: Why (and How) Every Family Should Learn to Live on One Income

The Cost of Owning Cats Versus Dogs

cost of owning cats versus dogs

Getting a pet can be a life-changing and exciting decision. The cost of owning cats versus dogs can be an expensive one. In addition to love and affection, your pet will need food, supplies and regular healthcare. All of these costs can stack up, making pet ownership a financial decision with lasting impacts.

The Cost of Owning Cats Versus Dogs

In most cases, the joy of owning a pet can be worth it in the long run. However, it’s still important to understand how much pet ownership costs. This can help you be sure you can give your animals the care that they need. If you don’t already have your heart set on a particular furry friend, start comparing costs. Consider the costs of owning cats versus dogs before welcoming one or more of them into your home.

Cats vs. Dogs

The cost of pet ownership varies according to many . . . → Read More: The Cost of Owning Cats Versus Dogs

10 Things That Affect Your Car Insurance Rates

affect your car insurance rates

It can be risky getting on the road. There are on average 6 million car accidents every year in the US. In 2017, over 40,000 fatalities occurred on the road in the US. This gives you a picture as to why auto insurance is needed. While the need is clear, how insurers calculate your premium can be more of a mystery. While car payments stay fixed and gas prices change some, auto insurance rates can seem to swing wildly. Below are 10 things that can affect your car insurance rates.

10 Things That Affect Your Car Insurance Rates

Rest assured your rates aren’t created by the roll of the dice, but rather by some consistent factors. Knowing what insurers are looking at can help you estimate your costs and possibly lower them.

1) Age

How old you are is a major factor in what kind of driving risk you are . . . → Read More: 10 Things That Affect Your Car Insurance Rates

5 Ways to Save and Get Out of Debt

ways to save money and get out of debt

Debt can make it impossible to live a normal and happy life. When you’re constantly worried about making payments and stressing about how you’re going to get out of debt, it’s hard to stay positive. Sadly, we live in a culture of credit, and most people are way too willing to make purchases that they can’t afford to pay off quickly. This leads to ever-increasing amounts of debt that can quickly become a nightmare situation. So why not think of ways to save and get out of debt?!

5 Ways to Save and Get Out of Debt

By understanding how to start saving money and committing yourself to paying off your debt, you can achieve financially freedom and stability. While it won’t happen overnight, if you stick with the plan, you can see a drastic reduction in your debt.

Here are 5 great ways to save and get out of . . . → Read More: 5 Ways to Save and Get Out of Debt

Tips to Save Money On Your Renovation

save money on your renovation

When you feel like you need a change of scenery, it can be a tough call between sprucing up your existing home or looking for something entirely new. Whether you’re looking for a new build or an already-established home, there are so many options out there for real estate – even real estate in Montgomery, TX! If you decide to buy an existing home, chances are that it’s going to need some work. Instead of paying the “professionals” an obscene amount of money to do it for you, why not save money on your renovation and do the work yourself?!

Tips to Save Money On Your Renovation

With the inflated housing market across the country, some folks are choosing to wait a bit longer to relocate, and are focusing on making changes to their own homes instead. Home renovation can be costly and often end up being a much larger . . . → Read More: Tips to Save Money On Your Renovation

BillCutterz Absolutely Shocked Me And Saved Me Money on My Phone Bill

save money on your monthly bills - billcutterz

Have you ever thought, “Man, it sure would be nice to lower some of my bills, but calling all of my providers and haggling with them is going to take f-o-r-e-v-e-r…”? And then (of course) you never get around to it and just keep paying your ‘not-so-obscene-but-probably-too-high’ prices… Yeah, you’re definitely not alone. For all of you that are just too busy to save money on your monthly bills (which is probably every single person reading this), I highly recommend BillCutterz.

Save Money On Your Monthly Bills With BillCutterz

This post contains affiliate links.

I spoke with Barry Gross, the owner of BillCutterz, about a year ago and got such a good vibe from him and what his company was doing that I agreed to partner with him immediately. Since then, I’ve actually done an awful job promoting his company, but thankfully they were still successful in saving some . . . → Read More: BillCutterz Absolutely Shocked Me And Saved Me Money on My Phone Bill

How to Get a Credit Card Interest Rate Decrease

which debt to pay off first

Many people have had the same credit card for years, always paid on time, and never got an interest rate decrease. However, in most cases, these people don’t know the key secret… You must ask!

How to Get a Credit Card Interest Rate Decrease

Think about it; when you’re making a tidy return off an investment every month, are you inclined to offer to take less? Neither are credit card issuers. However, they sometimes will; especially if they think you’re about to move your account to a competitor.

Naturally though, there are certain parameters you’ll need to meet before you inquire. So, here’s how to get a credit card interest rate decrease.

1) Know What You’re Dealing With

Before you contact your issuer, check your credit score to make sure it’s good. Most rating agencies consider a 700 or above admirable. If you’re rocking an 800 or better, your . . . → Read More: How to Get a Credit Card Interest Rate Decrease

The 31 Day Money Saving Challenge – Reduce Your Bills by $500 a Month!

31 day money saving challenge

How would you like to reduce your bills by $100 a month? $200 a month? Or maybe even $500 a month?? What would that mean to you right now? It could give you a much needed vacation with your family, enough funds for that long-overdue car repair, or maybe even enough for a surgery that you’ve been putting off because you could never find the cash. With the 31 day money saving challenge outlined below, not only is it possible to do all these things, but it’s absolutely achievable!

The 31 Day Money Saving Challenge

This post contains affiliate links.

There are a lot of money saving challenges out there. Things like:

Don’t buy groceries for a month Save up $1,000 in 4 weeks Put $1 a day into savings for a year…

These are okay challenges and you can learn something from them, but the problem is they’re finite. . . . → Read More: The 31 Day Money Saving Challenge – Reduce Your Bills by $500 a Month!

10 Easy Ways to Curb Bad Spending Habits

curb bad spending habits

So you overspent last month…again. And now you’re trying to figure out where you went wrong and how to avoid it in the future. Does that sound like you? If you find yourself constantly thinking about your bad spending habits, and you’re ready to make a change in your finances, keep reading. Here are 10 easy ways to curb bad spending habits, and have more money in your pocket.

10 Easy Ways to Curb Bad Spending Habits

This post has been written by our staff writer, Kimberly Studdard.

It IS possible. You CAN have control over your spending and actually have money left at the end of each month. Just read below and take one small step at a time. Over time, you WILL gain control of your money, and it’s the absolute best feeling in the world – to control your money instead of having it control you.

1) . . . → Read More: 10 Easy Ways to Curb Bad Spending Habits

8 Reasons Whole Life Insurance Sucks (and What You Should Buy Instead)

whole life insurance sucks - family

I’m a husband. I’m a dad. My family depends on my income and my help around the house – whether it’s repairing the roof, putting together a new “big girl” bed, or even something as simple as changing yet another diaper…My family needs me. And, if I suddenly couldn’t do these things, they’d desperately need an income to replace me. This is where life insurance comes in. And, after looking at and studying many different options, I’ve come to the conclusion that whole life insurance sucks and pretty much no one should consider wasting their money on it.

8 Reasons Whole Life Insurance Sucks

Are you in the market for life insurance? Do you have a friend that’s trying to sell you on something and you’re just not quite sure about it? If you think their solution for you might be whole life insurance, run far and run fast my . . . → Read More: 8 Reasons Whole Life Insurance Sucks (and What You Should Buy Instead)