Category Archives: Saving Money

I am Frugal, not Cheap

While my wife likes to tell people that I am cheap, I am just frugal.  I don’t like to spend money.  When I must spend it, it is like saying good-bye to a close friend.  Well, that might be a bit dramatic, but it honestly does sting some when we part ways. When I do spend money, I seek out value.  I want the best quality product at the lowest price.  In the past, there […]

The Aldi Experience

The first time I ever visited an Aldi grocery store was when I was 16 years old.  I just passed the exam for my driver’s license.  One Saturday, I wanted to borrow my grandmother’s car to go cruising with my friends.  She agreed to let me borrow the car for a few hours, but I had to work for the privilege to use it. My job was to go to the market for her.  My assignment was not to […]

Saving $100,000 by age 30

Saving my first one hundred thousand dollars was the hardest.  When I started on the road to financial independence (FI), I was only 20 years old.  I wanted financial independence and reaching my first $100K was the first goal that I set.  I was aware that it was a lofty goal, but I embraced the challenge.  I wanted to reach this milestone by age 30.  On my way to reaching this goal, here is what […]

The Power of a Dual Income Couple

Albert Einstein said that compound interest is the 8th wonder of the world.  He who understands it will earn it, and he who doesn’t will pay it.  If compound interest is the 8th wonder of the world, then I feel that the power of a dual income couple is the 9th.  Being in a dual income couple can be a powerful wealth building partnership if managed correctly. At my first full-time job, I worked with […]