How I Flipped a Car in Just 2 Weeks!!

flip a car

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Two weeks ago, I pulled into a guy’s driveway to check out a ridiculously cheap, $1,200 Honda Civic with the intent of cleaning it up and flipping it. But….I quickly found out why it was ridiculously cheap:

the headliner was missing the front bumper was black (the rest of the car was green) the hood latch was broken there was a hubcap missing and it idled so rough I thought the engine might jump right out of the car!

I had made up my mind NOT to buy the car because there was just too much risk there to try to flip it. So, I told him straight up, “Sorry man, the interior’s ugly, the hood is about to fly off the . . . → Read More: How I Flipped a Car in Just 2 Weeks!!

How to Live With Less – An Interview with Two RV’ing Couples!!

how to live on less

In 2016, the average home cost rose to around $390,000. It seems as if bigger and better homes are also becoming more popular, with more and more people opting for standalone houses of 2,000 square feet or more. While a big home isn’t necessarily a bad thing, going into massive debt for a home is less than desirable for almost anyone.

Now, with minimalism and tiny living on the rise, many are learning how to live with less. But what makes this type of living so appealing?

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

Related: 10 Extreme Tips to Cut Your Spending in Half

How to Live With Less

I took the time to interview two incredible women who told me their stories before RV living, and how they spend their time (and money) now. They’ve learned how to live with less, and seem much . . . → Read More: How to Live With Less – An Interview with Two RV’ing Couples!!

5 Reasons I’m Not Buying My $75,000 Dream Car

buying my dream car

Here it is. The Ferrari 360. I’ve been drooling over this car for the past 15 years… And Liz and I officially have enough cash in the bank to pay for it. BOOM! Looks like I’m buying my dream car!!

Well….maybe not…

 

5 Reasons I’m Not Buying My Dream Car

First of all, I highly doubt that Liz would give me the thumbs up on this ride since it’s not exactly kid friendly, and then there’s the minor detail that it would entirely deplete our savings account…

Aside from these reasons, there’s yet another five that would keep me from buying my dream car (ie. crazy expensive car)… and for this, we have to diagnose the different spenders in this world.

There are really three categories of spenders: Those that believe going into debt is okay as long as you can afford the payments Those that believe it’s . . . → Read More: 5 Reasons I’m Not Buying My $75,000 Dream Car

How to Raise Your Kid For Half the Cost

raise your child for half the cost

Did you know that the average cost for raising a child is now at $233,610? And this number only reflects raising them. It doesn’t include medical bills incurred from the birth, and it certainly doesn’t include college expenses! In fact, this number only reflects the money spent between infancy and 17. So how can you raise your kid for half the cost?

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

How to Raise Your Kid For Half the Cost

To raise your kid for half the cost, you’ve got to start planning today. It’s not just going to happen by accident. Check out the list below and add savings ideas wherever you can! By implementing these ideas all throughout their lives, you’ll find that raising kids is far less expensive than everyone claims it is!

Birth to Age 5

So, if we don’t factor in the . . . → Read More: How to Raise Your Kid For Half the Cost

How Do Banks Invest Money From Depositors?

how do banks invest money

How do banks invest money deposited with them by customers? Let us count the ways. They are legion. The starting point is that unless they are monstrously mismanaged, as we have seen they can be, banks almost cannot lose.

How Do Banks Invest Money From Depositors?

The bulk of their non-wholesale funding comes from the general public. Customers deposit money with them in these near zero interest rate days not to invest money but to have the bank safekeep money. Banks invest much of that money in a variety of short-, medium- and long-term instruments.

Only around 10% might be held in cash or near cash (balances with the Bank of England and government paper such as treasury bills and gilt-edged securities). Their counterparts in other countries will follow a similar pattern.

Inching along the spectrum

Broadly speaking, trouble will become more likely the further along the risk/reward spectrum . . . → Read More: How Do Banks Invest Money From Depositors?

Do Grocery Pickup Services Actually Save You Money?

grocery pickup services actually save you money

How often have you been in the midst of a busy week and went into the kitchen for a quick bite, only to find that there are no quick bites left. You’ve got ingredients, but even those are getting slim. What can you make with a bag of flour and a bottle of thousand island dressing…?

You think over the next couple of days to figure out when you can get to the store. Getting enough food to last a week is a time investment you can’t afford right now.

Related: 15 Reasons You Have No Time to Relax and Have Fun

Do Grocery Pickup Services Actually Save You Money?

This post was written by our staff writer, Jamie Jeffers.

Have you heard about grocery pickup or delivery services? It’s a convenient way to get groceries without wandering through the store for an hour. But do grocery pickup services actually . . . → Read More: Do Grocery Pickup Services Actually Save You Money?

5 Things I Did to Ditch $21,000 in Just 6 Months

get out of debt in just 6 months

Getting into debt – that’s easy. Getting out of debt…now that’s another story!

But that doesn’t mean that getting out of debt has to be arduous or incredibly slow. If you set your mind to it, and if you gather all the right information, you could get out of debt pretty fast! Heck, I was able to ditch $21,000 in just 6 months earning a $57,000 yearly gross salary. Even if you’re not a math whiz, you know that those numbers just don’t add up. How in the heck could I pay off $21k in such a short amount of time?

Like I said before, I:

had my mind dead-set on getting out of debt, and I had all the information I needed to do it.

Related: How the Debt Snowball Really Works (Free Tool Included For YOUR Debt Snowball!)

5 Things I Did to Get Out of Debt in . . . → Read More: 5 Things I Did to Ditch $21,000 in Just 6 Months

How to Ditch Your Job and Become a Stay-At-Home Mom

become a stay-at-home mom

“A-d-d-i-l-y-n” – I wrote out the letters on the hospital room white board. Liz smiled, nodded, and we all nuzzled together, excited about our future as a family.

During those memorable moments, Liz and I pretty much knew that she was going to ditch her job and become a stay-at-home mom. We had been planning for this before we even met each other!

Seriously.

Liz was completely debt free on our first date, I was just wrapping up some debt that I owed my ex, ….and secretly, I’d been dreaming of supporting a stay-at-home mom since I was about 16 years old… (weird I know, but I’m a bit of a planner… ;)).

And since we met,

Liz sold her home and banked $40,000 from the equity, and I paid off my house (where we still live today) entirely.

Then, six months after our precious Addilyn was born, we bought . . . → Read More: How to Ditch Your Job and Become a Stay-At-Home Mom

Own a Small Business? 6 Ways to Save on Commercial Insurance

save on commercial insurance

If you own or operate a small business you know how costly commercial insurance can be. If you stay in business long enough you will more than likely experience a claim that shows you how valuable insurance can be when a disaster strikes your business. In many cases, having the proper insurance in place can be the difference between being closed for a few days or weeks and being closed permanently.

6 Ways to Save on Commercial Insurance

Here are 6 simple strategies small business owners can use to save their business significant amounts of money when quoting coverage for their business.

1) Partner with an independent insurance agent.

The first step to save money on commercial insurance is determining who to partner with for purchasing the necessary coverage. Independent insurance agents are a great route to go because they have the ability to shop your policy around to many . . . → Read More: Own a Small Business? 6 Ways to Save on Commercial Insurance

Are You the Biggest Stumbling Block in Your Life??

stumbling block

“I’m so jealous. I’ve always wanted to stay at home with my kids, too!” My colleague had just heard the news that I would be leaving my position as a music teacher to stay home with my kids.

(In case you’re already scratching your head about the details….this is a staff-writer post written by the ever-talented, Jamie Jeffers. ;))

It’s not something that magically happened one day. My husband and I had planned this for years, and every step we took brought us closer to our dream. By the end of the school year, we had laid enough bricks to finish the road that brought me home from work.

“Well, it isn’t easy. But we’re doing without cable and we don’t have any debt right now…” I started to say more, but immediately realized the conversation wouldn’t go anywhere.

“Oh, we could never go without cable! How would . . . → Read More: Are You the Biggest Stumbling Block in Your Life??