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 ... Read the rest »

Since I began writing, about a year ago, “Frugal” has become quite the buzzword which is practically a 180 from when I wrote “When Did Frugality Cease Being a Virtue.”  I even read an article in the Wall Street Journal last week that proclaimed Frugality is once again a virtue. When I began writing, I’m ... Read the rest »

Not as much as most people think. The following information is adapted from research by Stephanie Komon at Kent State University, and is based on the book The Millionaire Next Door.  Stephanie’s research was derived for the ability of fundraisers to be able to spot wealthy people, but it is very relevant for us.  Her ... Read the rest »

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 ... Read the rest »

This week I overheard a conversation that made me ashamed of my generation.  I felt like I aged 20 years and was looking at two young people (roughly my age) in disbelief. I was in a retail store with my wife, and I had a cashier call other stores to check stock on an item. ... Read the rest »

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 ... Read the rest »

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 ... Read the rest »