>
Prosper.com, finance, financial, investing, lending, borrowing, banking, credit card, payday, borrowers, lenders, debt consolidation, Prosper, investment, personal loans, personal loan, investors, investment opportunities, debt consolidation, refinancing

If You Want to Stay Rich, You Need to Think Cheaper

Do you know anyone that got a pretty decent promotion and almost immediately increased their standard of living? They most likely went out and bought themselves a fancy new car (to fit the role of their fancy new job) and maybe even moved into a larger executive home as well. Instead of shopping at a discount grocery store, they begin to buy their food at the more upscale store down the street. Everything just seems to become bigger and better, so what do you think happens to their overall cash flow? Most of the time their cash flow (the money that they have left after the bills are paid) goes unchanged or even goes down a little! If you want to stay rich, you need to think cheaper.

Think Cheap, Yet Effective

When I was 20 years old, my goal was to increase my discretionary income to $500 a month

Continue reading If You Want to Stay Rich, You Need to Think Cheaper

Set Your Goals High

Have you set your goals for the 2014 season? Perhaps more importantly, have you set your goals for the next 5 years or 10 years? If you are young, you should even have goals for the next 40 years. Sure, many of them will be altered by the time you reach that marker in time, but the very fact that you have a conscientious goal written down somewhere will make it much more likely that you’ll accomplish something of importance in life, rather than just living from one day to the next.

Aim High, Don’t Worry About Missing

I set goals for myself all the time. I have found that it is the best way to get things done – otherwise I may get into the typical habit of putting it off for tomorrow. You must know people like that. When you ask them when they plan on doing something,

Continue reading Set Your Goals High

Make a Grand This Month with Your Savings

Do you have a budget for yourself to follow each month? If not, do you know how much you spend on food, car insurance, your home insurance, your phone, cable, or gasoline? My guess is that most of us could not quote the exact expense of each of these categories every month. You might write this off and just say, “Well nobody does!” This is simply not true, and by ignoring your re-occurring expenses you may be ignoring potential savings for this month, and for the entire year.

First, Make Your Budget

In order to get an accurate assessment of what your expenses are each month, you first need to take a guess at it – meaning, start a budget and write it down on paper. Throughout the month, you will basically find out how wrong you are, which is absolutely fine. Making mistakes is the best way to learn!

Continue reading Make a Grand This Month with Your Savings

Should You Save or Should You Earn More Money?

I actually ask this question of myself quite often, “Should I be focusing on saving money or should I be spending my time acquiring a greater income?” Ideally, we should all be doing a bit of both, but which one should be our main focus?

Extreme Cheapskates

I have to admit that I have been sucked into the show, “Extreme Cheapskates” lately. Some of these people have a reason to be extremely cheap, but like the title says, they most definitely take it to the extreme! These people are heading off on their bicycle and searching for coins in gum ball machines and pay phones, reaping a whopping $7 after an entire day’s search. This to me just isn’t worth it.

The Benefit of Saving

If you earn $2,000 per month after taxes, how much of that money could you possibly save? If you were able to find free housing,

Continue reading Should You Save or Should You Earn More Money?