Archives For Finance


Summer is quickly approaching and with it comes extra expenses that are usually forgotten in the budget. It's about this time when you wish you would have saved an extra $50-100 per month since last year.

Let's face it, the only thing that is guaranteed to go up in price is everything except your paycheck.

I'm not going to vent about the prices of milk and eggs increasing by over 20% or the increases in the price of gas by almost 100% since President Obama took office. We all know these depressing facts.

I would rather offer some hope and mini-vacation ideas that won't break your bank. So here you go.

5 Vacations Ideas on the Cheap

  1. Explore your state - It always amazes me when someone new moves to the area and tells me about all of these amazing attractions in my state. Sometimes we can't see the forest for the trees.
  2. Go camping - I love being active but camping is not on the top of my list. However, when I spent the $20 dollars to take my family camping it was a time we will never forget. I love the memory and guess what? It poured down rain all night. I literally thought we would get washed away by all of the water. It was only 1 night and besides the rain it was an awesome time.
  3. Take a hike - We have hiked in Virginia and Pennsylvania. Our kids didn't love it but they didn't hate it either. The funny thing now is that they cherish the memories and want to go back and do it again.
  4. Visit a local historical landmark - We are close enough to Gettysburg to make it a day trip. We usually try to drive down and spend time at the battlefield every year. Devil's Den is a great place for the kids to crawl around on the rocks while you teach them a bit about the history of the United States.
  5. Road trip and visit friends - Another fond memory we have as a family is when we made a 4 hour road trip and hung out with some college buddies of mine. As fate would have it we all had 4 kids. While we were there we had a BBQ, had some drinks and the next day visited some local attractions. Nothing special but lots of fun catching up and all of the kids had a blast meeting each other and hanging out. This trip was pretty much the price of the gas to get there.

I know these aren't full blown week long Caribbean vacation get-a-ways but they are simple and can be had with any budget. The most important part is that you get quality time with your family without breaking the bank.

What is your idea of a vacation on the cheap?

A lot of people talk the talk but their walk is much different.  That's not the case with Sean Hyman.  Practicing what he has learned in the Bible he has increased his income from a mere $15,000 per year so much that he is able to give away $50,000 now.

To read more go here:


If you are in your early 20s and you're getting ready to enter the workforce then do us all a favor.  Make it your goal to become a millionaire by the time you reach your 56th birthday.

It's not rocket science and financial gurus have preached it for years.

Pay yourself first!

Invest 10% of your pre-tax money into your company's 401K program.

Bonus:  A lot of companies will match your contribution up to a certain percentage.

If you make $35,000 per year and invest 10% into aggressive (or greater, which means greater risk) mutual funds you will hit the million dollar mark by your mid 50s (assuming an average return of 10%).

If your company doesn't have a 401K program then take the post-tax money (money taken from your bank account after you cash your check) and invest it into a ROTH-IRA.  Since this investment has already been taxed you won't be taxed again when you retire and start withdrawing it.

Are you in your 30s, 40s, 50s or older?

This same information applies to you too!  Your nest egg at retirement won't be as big as if you had started in your 20s but you will still retire with some serious cash in the bank.

Rule of thumb: The older you are the higher percentage you should sock away into your 401k.  As you near retirement readjust your portfolio to a more conservative blend since you will be relying on that income in the coming years.

Seriously, practically everyone could be a millionaire if they would just do it.  Do it first and then live off the remainder.

You'll be glad you did!

Diets do not work.  Not with losing weight or with getting out of debt and living debt-free.

To lose weight you need to make a lifestyle change.  That probably includes changing your diet but for sure to sustain your weight loss you need to change your habits. No more late night snacks. No more over indulging when you're not hungry.  And definitely making sure you get a good night's rest.

Finances are exactly the same.  If you want to get out of debt then you need to make a change in your life.  A change - to stop spending more than you bring in.  A change - to look your debt in the face and tell it you're done.   No more struggling and seeking happiness in material possessions or experiences.  A change - to look at the big picture and see the freedom you'll have from being debt-free.

Today is the day.  No more excuses.


Many people (this is not news) are over their heads with their mortgage and home's value. Their mortgage is considerably higher and in some case over 100% higher than their home's worth. Normally this would prevent you from refinancing your home. Long story short, there is an option that could save you lots and lots of cash each month. It's HARP 2.0 which is a program that allows borrowers to refinance regardless of how deeply underwater they are. Here's a quick info-graphic to see if you qualify for HARP 2.0. Think of this as a pre-qualifier. Continue Reading...