Young and Frugal

Challenges - Saving

Murphy’s Law

August 20th, 2009

Anything that can go wrong, will go wrong. -Murphy’s law A few weeks ago I was at the beginning of a 2 hour drive back from a friends lakehouse with my brother when, in the 105 degree Texas heat, the motor for the passenger window broke and the window would not roll up. I spent the ... Read the rest »

The Party Always Ends

June 16th, 2009

In the midst of what seems like endless economic chaos, I work for a company that is doing exceptionally well right now. So well that many people are getting caught up in it. Private equity firms are constantly knocking on the door, and it seems like I frequently hear talk of an IPO.   As ... Read the rest »

The following is a guest post by my wife, Mary.  My comments are in bold. Health Insurance is a privilege, something that shouldn’t be taken for granted, but also something that is earned by many as a benefit of being employed by a company that shells out thousands of dollars per employee to subsidize the ... Read the rest »

What Makes A Millionaire?

December 7th, 2008

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 »

Our society has a perception complex. We are raised to judge and compare ourselves against others and our perceptions of other people become our own reality. We are trained from an early age in this regard. In school it didn’t matter if I got a “C” on a project as long as it was in ... Read the rest »

While I was at my parent’s house over Easter, I was looking through some of my old stuff when I found a stack of Merit Badge books from Scouts.  Sitting perfectly on the top of the stack was the book for Personal Management, a merit badge designed to teach teens about managing time and money. ... Read the rest »

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