Young and Frugal

Business and Personal Finance for Millennials

Entries for the ‘Debt’ Category

The Opportunity Cost of Home Ownership

I was recently called and asked to participate in a Gallup survey, and for some reason I agreed. Eventually, after wading through questions about political beliefs and the economy, the question about my personal happiness came around. I thought about it for a second, and didn’t have anything to complain about. I felt content with [...]

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The 7 Effective Habits of Highly Frugal People

As I’ve said before, being frugal is about controlling your money and making choices so that you can allow yourself to splurge, because if you aren’t controlling your money, your money will control you.  That sounds easy enough but in reality living frugally is not easy at all.  It’s something that I struggle with daily, [...]

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Bigger than Madoff: Entitlement Programs

Note: I try my hardest to keep politics off of Young and Frugal, but this is an issue that I think transcends political beliefs.  This is a real problem that needs to be dealt with soon and I’m trying to take a non-partisan approach to it.
Bernard Madoff is a name that you should know (unless [...]

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Searching

As many of you know, I started this blog to hold myself accountable for budgeting as my wife and I planned and budgeted to move into our new house.  Over that time, I successfully wrote and grew this blog to over 100 subscribers.
Now that we have moved into our house, I’ve found myself at a [...]

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Falling Off The Wagon

Hi, my name is Daniel, and I… lost track of my finances. 
I write (what is for the most part) a personal finance blog, so you’d think that I would track every penney, but I don’t.  We budget to pay ourselves first (savings/retirement), pay all of our bills, and then everything else is give and take.  One month we might [...]

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Buying A House and Maintaining An Emergency Fund

In 8 short days I will make the biggest purchase I am ever likely to make, I will be purchasing a new house.  And the closer we come to closing, the harder it is for me to practice what I preach.
Everywhere I look small “upgrades” are popping up that I know I can find cheaper elsewhere, [...]

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Positive Peer Pressure

Note: I sincerely apologize for the lack of posts over the last week.  It has been a very hectic week for Mary, Myself, and My family.
For the first time in my adult life I experienced positive peer pressure, and it made me glad to have the friends I have.  The other night I called one of [...]

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