Category Archives: Basics

Quit Collecting Crap and Get a Real Hobby

Why You Need A Hobby
There are countless benefits associated with hobbies.  If you need to kill some time, clear your head, or just unwind after a long day of work, you need a hobby that will help “get you there.”  Studies show that participating in hobbies can reduce stress, lower blood pressure, and sharpen the [...]

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Beyond The Emergency Fund: Saving for “Guaranteed Surprises”

The merits for establishing an emergency fund are solid. If your furnace quits working in the middle of winter or you lose your job, you’ll eventually need quick money to cover life’s potholes.  The recommended amounts often vary from $1,000 to a full year of expenses.  Personally, we have an emergency fund that would keep [...]

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How To Choose A Negotiation Strategy That Works

If you’ve ever purchased an expensive item, you’ve probably experienced the wild swing in emotions that are a natural part of the negotiation process. Are you an adrenaline junkie who loves to take control of a situation and score the best deal possible? Or do you dread dickering and worry about being taken [...]

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How Much Is Enough?

How much is enough? JD Roth, founder of Get Rich Slowly, posted the question on Twitter this morning. (You can follow both of us on Twitter at @thebrokemba and @jdroth.)  I’m not sure why he asked, and at first read, I didn’t give it much thought.  However, when my work day slowed a [...]

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