In honor of missing out on Millionaire Day over the weekend (BLASPHEMY!!), I thought we'd go over some of the frugal habits of the wealthy today and see how we compare :) I saw FreeMoneyFinance do this over on his own blog the other day, so if you're wondering - yes, I'm going to totally copy him. Although in all fairness, he did nab the list from my good friend Tom Corley
Millionaire Love
Warren Buffett – The Original Early Retiree?
Just read a pretty fascinating summary on Warren Buffet's early years, and almost spit out my coffee midway through. Apparently at 25 years old he wanted to retire! And actually turned down a dream opportunity in order to do so!! "The thing is, when I got out of college, I had $9,800, but by the end of 1955, I was up to $127,000. I thought, I’ll go back to Omaha, take some
How I Became A 401(k) Millionaire
[Hey guys! If you ever doubted the power of a 401(k), this should help remind you again ;) My man Fritz from The Retirement Manifesto stops by today to share his own story (and love!) for his 401(k), and this might just become my new default article to send to future haters! It's brilliant!] ******* A few weeks ago, J$ shared a CNN piece on "401(k) Millionaires" over on his
“The Challenge Is Not To Touch It!” (And Other Things I Recently Overheard)
"The challenge is not to touch it!" That's what I overheard a 65 year old guy telling a 13 year old kid the other day while checking out at Target :) I *of course* had to switch lanes so I can get closer to eavesdropping territory, and from what I could tell they somehow got on the topic of becoming a millionaire, and more particularly how HE became a millionaire by the time
The First $100,000 Is The Hardest
You know what's hard? Making your first million dollars. [Dayuuuuuum!!!] For us normal people, though, I say making your first $100,000 is the ultimate achievement. You can't make it to a million or a billion without first hitting $100,000, but even more than that - it requires a complete overhaul of both your money and your mindset. You literally go from knowing jack crap
Even The Joneses Can’t Keep Up With The Joneses!
You know those Joneses we're always comparing ourselves too? Well, not only were they apparently a real family, but their long desired mansion just crossed the auction lot - and in bankruptcy at that! It's known as the Wyndclyffe Castle, and was built in 1853 for Manhattan socialite Elizabeth Schermerhorn Jones - a member of a wealthy family and aunt of American novelist
What a Million Dollars Looks Like
People say a million dollars "isn't much" anymore. You know, because of inflation, how expensive lifestyles have gotten, how it's not enough to retire on, blah blah blah... Well, here is what one million dollars looks like. You tell me if it's a lot :) [$ =
It’s “Be a Millionaire” Day!
Raise your hand if you're a millionaire? Raise your hand if you're a wannabe millionaire? Raise your hand if you could care less about how many millions you have? (Stop it, millennials) When I first started this blog, all I cared about was becoming a millionaire. I didn't know how I was going to do it exactly, or why I even wanted to be one - other than it just
How to Make Money More Interesting
You know how everyone says that we need more financial education in schools, and if we had that everyone would spend less and save more and live out the rest of their lives happily ever after? Well, I’m not a teacher, but if I were I would change the names of all courses from “how to manage your money” to “How to become a millionaire, son!” And do you know why? Because
Wealthy Observations From The Golf Course
I was at a meetup the other day, and after chit-chatting for a bit one of the guys in the group asked me what I did for a living (shocker - when does that NOT ever come up in life?). I told him I blog about money online, and not only did he "get it" right away, but his eyes lit up! Turns out he was thinking of starting a blog of his own, and after we got to talking a bit he
