As you know from my past few posts I’ve been reading Lowell Miller’s The Single Best Investment: Creating Wealth with Dividend Growth. One thing that surprised me a bit was his comments about inflation. The author pointed out that the 60 year average inflation rate in the United States is 4.1%. The book was written 8…
Credit card arbitrage is when you use a low promotional balance transfer or deposit rate from a credit card and use the money to earn income at a higher rate. This sounds good in theory, but in my opinion for most people the limited returns don’t compensate enough for the added risk and extra time…
Editor B / Foter / CC BY It’s been a busy month for me. I’ve been moving into my new place. Moving in can be a stressful and expensive endeavour, but for me it hasn’t been that bad. Before leaving for Australia, my fiancé and I got rid of a lot of stuff by selling…
Sharon Drummond / Money Photos / CC BY-NC-SA I thoroughly believe that you don’t need to be paying monthly bank fees. In an effort to save more money, I’m always looking to reduce or remove recurring expenses. Banking fees are one of these recurring expenses that can be avoided entirely. There are now a variety…
West Midlands Police / Car Photos / CC BY-SA So, should you have an emergency fund? Yes! I would say that most people agree that you should have an emergency fund, but it’s one of those things that keeps getting put on the back burner. For me it took about 2-3 years from the time…
In order to reach my early retirement goals I have to save a large portion of my income and invest it. Typically I try and save over 50% of my after-tax take home pay. The typical recommend rate is 10% if you start a relatively young age, but I want to retire early so this…
