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From Frugal to Free

Frugal adventures on the road to financial freedom.
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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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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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Why Do Millennials Live with Their Parents?

Posted on May 22, 2018May 22, 2018by Susan Paige

Why do millennials live with their parents more than any other generation does? It’s logical that younger generations are more likely to live with their parents in a non-caretaker capacity, even in the best of times. Millennials suffered the added indignity of coming of age during one of the worst recessions in history while dealing […]

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Only 37% Of Millennials Have Retirement Accounts

Posted on May 15, 2018May 15, 2018by Susan Paige

Who’s thinking about retirement when they’re young? Only about a third of millennials have retirement accounts. They’re typically not a priority for young workers – but they should be. That’s precisely the time to take the greatest advantage of compounding interest by contributing as much as your fledgling budget can afford. A new study from […]

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  • Personal Finance

Do You Know What Your 401(k) Fees Are?

Posted on May 4, 2018May 7, 2018by

High fees on investments can really bring a retirement portfolio down over time. Because the time horizon is so long for many retirement portfolios, the bite that these fees can take really compounds over the years.

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  • Personal Finance

Save Money By Shopping a Going Out of Business Sale

Posted on April 23, 2018April 10, 2018by Kara

Ready to save  loads of cash and stock up? Then you’re ready for a going out of business sale. More and more stores are moving to predominantly online business models- how many headlines have you read that show another store closing? A going out of business sale can mean huge discounts on all the store’s […]

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  • Personal Finance

What is The Weeknd’s Net Worth?

Posted on April 16, 2018September 5, 2023by Kara

It’s impossible to turn on the radio and not hear a song that is by or features the The Weeknd. The Weeknd (real name Abel Makkonen Tesfaye), is a singer from Canada who has dominated the pop charts for the last several years. His songs like ‘Can’t Feel My Face’ and ‘Starboy’ have been worldwide hits, […]

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Three Things Do Do With Your Tax Refund

Posted on April 11, 2018April 4, 2018by Kara

It’s tax return season! If you’re looking forward to a tax return you might already be planning out how you’re going to spend it. A new pair of sneakers? A trip to Chile? Everyone deserves nice things. If you haven’t had anything nice in a few months, using your tax return to treat yourself is […]

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Why You Should Never Cosign a Loan for Anyone

Posted on April 4, 2018by Kara

If you’ve ever been asked to cosign a loan you know that there’s a lot to consider before you sign your name to anything. When you cosign a loan you tell a lender that if the other person on the loan fails to pay it back for any reason, you’ll be the one to pay […]

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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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