By Guest Author The cost of living is extremely high these days and with the state of the economy as it is, many families find themselves barely being able to afford basic bills. What most don’t realize, however, is that there is a wealth of money to be saved on essential household expenses. Here are a few great examples! 1. Electricity You can save as much as 30% on your electricity bill by unplugging all unused devices, switching to energy [...]
Category Archives: Master Money
Dec
19
May
5
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What Money Can’t Buy
Money can buy you out of a situation that wholly depends on an objective, external circumstance that has a fixed price tag: This may be the narrow set of situations you can use money to “buy an exit”. If you don’t like the house you’re living in and you have enough money to buy the house you actually want, then you can buy yourself out of that specific situation. If you don’t like a climate then you can move to [...]
May
4
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The Joneses (Movie) and Why It Can’t Become Reality
I think there is some truth in the insidious marketing tactics only not so egregious (and, I think, illegal although I’m not a lawyer and I may be wrong). There is clear misrepresentation or false representation of these people for a commercial purpose. That makes the company liable for false speech, if the company is regulated under some form of commercial speech. I suppose it would depend on the industry. Still, I don’t think that there is a chance this [...]
Mar
11
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Where the Money Goes
From the website: The average consumer has a budget that is split into a large number of monthly and yearly spending. The average consumer spends $49,638 a year on a range of necessary and desired expenditures. These expenditures come out of an annual household income of $63,091 per year on average, before taxes. The average consumer owns 1.9 vehicles, and 67 percent of them are homeowners with loans. Households average 2.5 people and 1.3 earners reside in each. The largest [...]
Feb
14
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Being Debt Free Is a Worthy Goal
I’ll speak from the perspective of how my mindset *did* worked differently when we had any debt versus when we had absolutely no debt (that included mortgage, after which it becomes what I call, “somewhat controlled rent” aka property taxes). When we had debt, many decisions I made relative to my self employment, all went through a mental filter of “there’s mortgage to be paid.” So I would say yes to projects that didn’t really interest me, or I didn’t [...]
Feb
8
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10 Things That Will Cost Less in 2011
From HDTV to iPhones (seriously?! $49 for an iPhone?) to Kindle to Wii… Prices are dropping on the hardware in 2011. I wonder what these prices will be in 2012!
Jan
25
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Why Smart People May Focus too Much Only On Making Money
Because money has become an objective metric that can serve to “equalize” the subjective values of “smart”. So we can argue about who’s smarter in the room, and each of us can have our own opinions about why someone is smarter than the other. But when we whip out our balance sheets and personal net worth – well, the numbers are right there for all to see. Of course some of us who want to, can now argue whether the [...]
