Cutting Expenses

taking a napWelcome to this week’s edition of the Carnival of Money Pros – Labor Day Edition! I just can’t believe the “unofficial” end to summer is here already. It’s been a great one for my family and I and while I am sad to see the warm weather to go, Fall is probably my favorite season. I hope that everyone takes the time to re-charge with the 3 day holiday weekend and come out swinging to better their lives and finances! Here are some great blog posts just to get you started.

Carol Serpa @ Grams Gold writes Americans Can’t Even Afford to Eat at McDonald’s – McDonalds Sales Down for 8 Months Plus This Shocking Fact about People Living in the Suburbs

Alexis @ FITnancials writes What You Need To Do When Moving To A New State – As most of you may know, I recently moved to Illinois and live in a western Chicago suburb. I had to do a lot of things before and during my move as well as after. There are still things that I have to do that I’ve yet to check off on my list.

Dave @ Gen Y Finances writes Cutting Your Food Spending When Going To Restaurants – I love going to restaurants. I love trying new meals and eating at my favorite restaurants often. However, it can be expensive to eat out often.

Karen @ 724 Credit writes Employment And Credit Checks – If you are applying for a job and the employer requests a credit check, they can’t do it without your permission, however, if you don’t give your permission that could be the deal breaker right there.

Michelle @ Making Sense of Cents writes How To Start A WordPress Blog On Bluehost – If you’re looking to start a WordPress blog for cheap, then choosing Bluehost for your hosting needs may be your answer.

Michelle @ Diversified Finances writes How To Prepare For An Audit as a Freelancer – Okay, this is probably a post that isn’t exciting or fun. I’ve never met someone who thought tax returns were a fun subject (except for my tax professor I describe below), and I definitely have never met anyone who wanted to be audited.

Maria @ The Money Principle writes Five useful tips to get the best holiday value for your money – I’ve never thought of us as rich. We are a middle class family, we have above average income and a healthy net worth. But rich we are not.

Alexa @ Defeat Our Debt writes Should You Take a Vacation if You’re in Debt? – Your debt is stressing you out. Work is stressing you out. And you just need a little break from the normal day to day grind.

Alexa @ Single Moms Income writes Amazon FBA: Finding Products to Sell – Even with a whole store of stuff to go through I found it pretty hard to find really profitable products that Amazon themselves weren’t selling.
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The Average Debt is Over $230,000!

Many people reading this post find themselves in debt. After all, the average debt per household here in the US stands at over $230,000. This includes cars, student loans, mortgages and credit cards. That is a crazy big number. When I saw this number, it got me to thinking about the average debt statistics for people in general and other countries. Let’s take a look at some fascinating debt numbers – including some countries that you would think have debt […]Read the full article...

pay off home

Little Known Ways To Pay Off Your Mortgage Fast!

Making payments on a mortgage for 30 years can seem like forever, especially when you look at your monthly statement. Not only do you see your huge outstanding balance, but you also see how your $1,000 monthly payment only knocked off $125 of it! Frustrating times for certain. But there are little known ways to pay off your mortgage fast. In fact, I highlight 6 such ways below. You can pick out the one that suits you best, or find […]Read the full article...

round table

The Round Table – August 24, 2014

Well, my wife and I just attended our 2nd wedding in the span of 3 weeks. We now have some wedding free weekends until October when we go back-to-back. Right now I am heading out to Pittsburgh to see my best friend for a weekend full of fun! (Yeah I know it’s Sunday….our weekend will be Sunday and Monday haha!!) The weather here has been cool for August, makes me think that a hot spell is due either the last […]Read the full article...


Home or Apartment?: Choosing The Right One For Your Budget & Lifestyle

The media often portrays home ownership as part of the American dream. A man’s home is his castle, after all. However, purchasing a home is a big decision, and families considering it should think it all the way through before they sign that mortgage agreement. In some cases, renting an apartment is the wiser choice. Before you make your next move, consider the following factors. Deciding Between Renting And Owning Cost of the Keys Keys are such little things, but […]Read the full article...

round table

The Round Table – August 17, 2014

We’re back for another exciting edition of The Round Table. It took a few weeks off because, well, my summer has been busy as heck! Unfortunately (depending on how you look at it) the busyness doesn’t stop until September, just to pick back up again! Anyways, the summer overall is going great. I’m just sad to see that August is already halfway over…Fall is right around the corner. One last note, The Plutus Awards have started. For those who do […]Read the full article...

video conferencing

Business Communications Made Easy With Video Conferencing

More and more businesses are investing in multi-purpose room video systems. A survey shows that video conferencing systems are the biggest source of revenue among video solutions enterprises. Videophone sales are also the fastest growing segment of the market, according to Infonetics’ last quarter report for 2013. There is a noticeably higher demand for video capabilities, and competition is strict among providers. In 2013, shipments of videophones were double from the previous year and unit sales were over one million. […]Read the full article...

pulling hair out

Why The Eff Is Health Insurance So Complicated?

Yup, today’s post is going to be a mini rant on health insurance. To fully understand why I’m mad, it’s important to know the back story. Before my wife and I got married, we each had our own health coverage from our employers. Both were high deductible plans with an HSA. All was great in healthcare land. Then, I was laid off. No worries because the severance package I received carried my insurance up to a few days before our […]Read the full article...

too much debt

5 Signs You Are In Way Too Much Debt

Are you in debt? Most people borrow money once in a while to fulfill various purposes. But having too much debt is not good. It can throw your life off balance. With the burden of debt hanging over your head it can be quite difficult to enjoy the important things in life. And since we only get one shot at life, don’t you want to live the best life possible? That means getting out of debt and living within your […]Read the full article...

mutual funds

What Are Open Ended Mutual Funds?

When talking about mutual funds, the majority of time we are talking about open ended mutual funds. This is important to know because sometimes, new investors hear the term open ended mutual funds and think this is a new type of investment. It’s not. It’s just your standard mutual fund. What are the characteristics of open ended mutual funds and should you invest in them? I answer these questions and more below. Open Ended Mutual Funds An open ended mutual […]Read the full article...