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From Frugal to Free
Frugal adventures on the road to financial freedom.

Author: Susan Paige

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3 Low-Risk Strategies for Trading Options

Posted on September 18, 2018by Susan Paige

Trading options is a great way to make money, but it can be an intimidating process to start as a beginner. Since the main goal when starting a new financial endeavor is make more money than you lose, a lot of people are hesitant to take any risks. However, big risks are not always necessary […]

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Common Startup Pitfalls to Avoid

Posted on August 28, 2018August 29, 2018by Susan Paige

When it comes to your startup, great ideas can only go so far.  The odds are against you, but the key is staying strong and making good decisions. Most startups that fail are because of very similar mistakes that are made early on. To make sure that you get the most out of your startup […]

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What Makes a Smart and Successful Landlord

Posted on August 21, 2018by Susan Paige

So, you want to collect monthly income with minimal work, huh? Don’t we all! The truth is that being a landlord isn’t always so glamorous, and there are some common pitfalls that are easy to fall into. With some old-fashioned preparedness and sweat equity, you’ll have a leg up for sure. But there’s some vital […]

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5 Facts about Life Settlements Everyone Should Know

Posted on July 13, 2018December 7, 2020by Susan Paige

A life settlement is acquiring cash in exchange for the life insurance policy one owns. There are generally brokers and life settlement providers who help you carry out the transaction and get money worth your policy. There are reasons why life settlement has gained a lot of momentum. People would opt for life settlement if […]

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How Much Will There Be in 2018 Father’s Day Spending?

Posted on June 14, 2018July 30, 2018by Susan Paige

Father’s Day will be here soon. Have you picked up anything for Dad yet? Susan Paige

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Best Buys for Father’s Day Gifts

Posted on June 12, 2018November 18, 2019by Susan Paige

Father’s Day is coming up on June 17. What can you get dad to celebrate his special day without loading up the credit cards? Susan Paige

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Americans’ Biggest Money Mistakes: Survey

Posted on June 5, 2018June 5, 2018by Susan Paige

You’ve made some life decisions that you’ve regretted, and some of those decisions surely involve money. What sort of money mistakes have you made? Don’t be shy about admitting your financial mistakes. According to the latest version of Finder.com’s annual “America’s Biggest Money Mistakes” survey, you have 192 million fellow Americans to keep you company. […]

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Free Credit Freezes and Other Legal Changes You Should Know

Posted on May 31, 2018July 30, 2018by Susan Paige

Although big banks stole most of the spotlight in the Economic Growth, Regulatory Relief, and Consumer Protection Act, the new law includes improved fraud alerts and credit freezes for consumers. The law President Trump signed late last week had attempted to dismantle the post-credit crisis legislation known as Dodd-Frank. While it achieves some of that […]

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10 Best States to Live in with a Bad Credit Score

Posted on May 29, 2018May 29, 2018by Susan Paige

Where You Can Make the Best of a Bad Credit Situation It’s no fun having a bad credit score. You pay higher interest rates for your credit – if you can get credit at all. You have little room for financial error. A small, unexpected bill can cause big problems. At least your hardships may […]

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Why Your State Taxes Might Go Up

Posted on May 24, 2018May 24, 2018by Susan Paige

What goes up must come down – when considering the effects of gravity. That principle doesn’t typically apply to federal or state taxes. In the rare cases where taxes do go down, other taxes tend to go up to compensate government coffers. Because state taxes are often linked to the federal tax code in different […]

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Frugal’s Financial Guidelines

Start with these simple guidelines to save money and invest in your future:

  1. Write down own the top three reasons you want to save money. Post it as a reminder to keep on track with your goals.
  2. Learn to budget. Then do it, diligently.
  3. Cut costs. Reduce spending by 10% across all categories.
  4. Direct deposit 10% of every paycheck directly into savings. Build up an emergency savings fun with a minimum of $1000. Aim for six months of living expenses.
  5. Maximize retirement savings. Contribute as much as you can, especially if you have an employer-matching plan.
  6. Begin investing in small ways. Use apps to begin investing with just a tiny amount of money. Learn how it works.
  7. Build credit wisely. Use a credit card for monthly expenses. Pay it off on time every month.
  8. Learn to communicate about money. With everyone. The better you get at talking about money, the more you’ll set yourself up for financial success in all areas of your life.
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