• Book Review

    Book Review: The 4 Laws of Financial Prosperity

    Get Control of Your Money Now! by Blaine Harris & Charles Coonradt The Point The point of the book is to teach basic personal finance principles through a story about a guy in debt that is taken under the wing of an older lady who is very wealthy. She teaches him four principles of prosperity. The book is well written and the narrative style makes the material more enjoyable to read. The Four Laws 1. Track your spending, 2. Set targets or financial goals, 3. Trim your spending to achieve the goals, 4. Train your brain by learning about finance. I figure I’m pretty far along the path to financial…

  • F.I.R.E,  Navel Gazing

    Triple Your Food Budget!

    There are a lot of naysayers in the personal finance space that scoff at the idea of giving up your $5 cup of coffee to build financial security. The $5 coffee seems to be the target of many F.I.R.E. bloggers. Why do we spend so much time on such a small thing? Because small things add up to big things! What does $5 get you? The $5 coffee or $5 breakfast sandwich adds up to about $100 per month if you are only buying during workdays. Since we are talking about retirement here the opportunity cost of the $5 is about that much less you can invest. Now of course…