How Can I Best Help You?

I have been tossing an idea around in my head for a while now. What’s the best way to grow income? I really feel that there are two ways to do it, but only one of those ways will lead to unstoppable growth. You can get hired on to earn income, e.g. pizza delivery, work a job, etc. Trading Time For Dollars By taking a job, you are always going to be limited to the hours you can put in because you are always trading time for dollars. And we all only have 24 hours in a day. And, even though […]

Do You Use A Checking Account Buffer

Do You Use A Checking Account Buffer?

Ah, the good old question of whether to keep a little bit of money tucked away into the main checking account. This seems to come up quite often with people just starting out making their budgets and starting to tell their money what to do. I thought it would be a great time to dive in and explain what a checking account buffer is, advantages and disadvantages to having it, and finally, what my family do in regards to this ourselves. If you have never created a budget yourself or need help, please check out this great guide I’ve put […]

Baby Step 3: Fully Funded Emergency Fund Update

So, all the hard work has finally paid off! We finally hit our magic number in our emergency fund and I made the transfer on 8/11/15 to finish it up! This is a very exciting moment since it means that we have  finally set a solid foundation by paying off all debt but our home mortgage and getting a 3-6 month emergency fund in place. We are now set up to focus on taking our extra money and begin investing it into long term growth. It has really been a long road for us to reach this milestone and took […]

The Power Of Dividends & Time

The other day I decided to check in on one of my favorite things, my Phillip Morris (Altria) stock (MO). When I was younger, I used to think that I would just invest all my money into dividend producing stocks and I would be rich. But, because of dumb financial mistakes and bills, I ended up cashing out almost all of my investments. I did, however, leave myself one share of one stock just to see what it would do over time though. And that one stock ended up being Phillip Morris (MO). I have held one share of MO […]

Financial Challenges To Try Out

There are a ton of financial challenges out there. Today, I am going to feature a few that I feel would be great for you to look at and possibly try. Challenges are great and allow for us to focus for a certain amount of time on a goal. I don’t think that going through these is ever going to result in someone being worse off then when they started. Take a look through the list and make sure to click over to get more info from the websites I’ve linked. I would love to know if you’ve taken these […]

The Many Customer Types You Meet In Retail

Working in a customer facing environment where you are taking people’s money while conversing with them, you get to meet all kinds of people. This past week has really opened my eyes to all the different people out there that are really having some struggles, whether self inflicted or just going through a rough patch, or just starting out.

We get paid for bringing value to the marketplace. It takes time to bring value to the marketplace, but we get paid for the value, not the time.

To get free updates of new posts Click Here One of the biggest things that I try to do here at MyFamilyOnABudget.com is try to create value by sharing stories from my experience, sharing information I’ve learned, and also by trying to motivate you to learn to get out of debt and build wealth so that you can free yourself from the bondage of debt. I think this quote is huge. If you have ever been contemplating starting your own blog or other type of business, this has got to be one of the biggest foundational messages that you have […]