STEP 22: EVALUATING THE TRUE VALUE OF YOUR ESSENTIALS IN A COST-EFFECTIVE WORLD

This post is part of a series called the 30 Steps Program to Financial Independence. Over the past few days, we’ve discussed what financial independence can mean for different people and what it means to me personally. To me, it means living a comfortable life without worrying about money. There …

STEP 14: MINIMIZE YOUR CAR DEPENDENCY

This article is part of a 30-day series called the 30 Steps Program to Financial Independence. You can find other posts in the series here. As you move towards financial independence, you might start to notice some things you don’t actually need, like a car. Maybe you bought a car …

STEP 18: MASTERING FRESH CAPABILITIES

LEARN NEW SKILLS For the past few days, I’ve talked about activities like growing a garden and maintaining your vehicle. These small tasks not only help you save money but also make you more self-sufficient. For instance, if you can grow your own food, you don’t have to depend on …

MY FAVORITE BLOGS TO FOLLOW AND ENJOY

Google Reader Here’s a list of some blogs I follow, which I usually check out through Google Reader whenever I get a free moment. The first few blogs are some of the top personal finance (PF) blogs out there. If you found my blog before these (really??!!), I highly recommend …

Acts of Compassion and Generosity

Kindness is a universal language that everyone can understand, regardless of their abilities. Today, I experienced not just one, but two Random Acts of Kindness. We were out in the middle of nowhere, riding our bike and searching for a gas station for quite some time. One nice feature of …

STEP 10: CURB YOUR DESIRES

This article is part of a 30-day series called the 30 Steps Program to Financial Independence. MINIMIZE YOUR WANTS If your goal is to achieve financial independence quickly, saving as much money as possible is essential. While small savings like packing your lunch or biking to work help, they can …

REBUILDING MY EMERGENCY SAVINGS RESERVE

This month, I’ve got quite a few expenses piling up. My flat didn’t sell like I had hoped, so I’m stuck paying over $400 a month in condo fees and taxes. This has been happening since March, and I thought it would end by September. On top of that, September …

Exploring Real-Estate Opportunities: Choices Between France and Guatemala

I’ve been eyeing a piece of land in beautiful Guatemala. While Mo’ Money Mo’ Houses was thinking about buying property in the US, I was deciding where to invest the money I’ll receive in a couple of months. My sale will be finalized on Friday, so until then, I’m not …

STEP 16: MASTER THE ART OF CAR REPAIRS AND MAINTENANCE

This post is part of a 30-day series called the 30 Steps Program to Financial Independence. Yesterday, I discussed the importance of learning how to do things yourself. It not only saves time and money but also gives you a great sense of accomplishment. I love the idea of not …

Transforming Your Spare Room into Income: Is It Worth the Effort?

Is it Worth Renting Out Your Extra Room? I grew up in a large family, where holidays meant sharing cramped spaces, with all the kids in a big dormitory and seldom showering. Later, I lived in on-campus housing and small apartments, often with two to seven roommates. Whenever I’ve lived …