Image via Wikipedia Anybody who lives with another person needs to be holding regular household meetings to express concerns – the importance grows exponentially as the level of relationship between roommates increases. Simple college roommates need to get together – both with literal room-mates and with those who merely share the floor of a building [...]
In tough economic times, many people spend less and tighten their belts in order to avoid getting into financial trouble. Others on a macroeconomic level of thinking prefer to spend the same amount of money to keep the economy going in the hopes conditions will improve sooner. I fall between these two camps. Below is [...]
Many people have trouble making the decision as to whether they should rent or buy. If you choose to rent, however, My Life ROI has some suggestions about what to do in order to still be building equity while you rent. My favorite part? Take the amount you would have used for a down payment [...]
Personal finance blog I Will Teach You To Be Rich has an interesting post about personal investments, with a few good examples of things not normally considered to be investments, but that have paid off thoroughly over time (either monetarily or otherwise). The post sparked an idea for me, and I feel the desire to [...]
A key to motivating oneself during times of hardship is to set tiny rewards for working toward goals. Another wise idea for motivation is to always have something in mind – the positive end result – while making progress toward a goal. One way to do this financially is to budget a savings account. By [...]
Rather than have a personal finance post this week, I would like to give some link love to one of my favorite blogs: The Simple Dollar. Trent has written an interesting post asking readers how they spend their time and how they spend their money. The point is that there are some areas, like gym [...]
Personal finance advice often creates two camps: those who oppose credit cards and those who support their usage (with responsibility, of course). I fall into the proponent camp, because I think building good credit is a great way to finance a car or house without paying in cash, which is difficult for most to accomplish. [...]
Anybody studying economics, business, or many other areas has heard of The Pareto Principle: the law that states that 80% of results come from 20% of effort. It is a common rule used in businesses to express that 80% of business will come from 20% of clients, and 80% of clients will come from 20% [...]
One Year Tightrope is a blog about finding balance while owning a small business, working from home, or being a college student. You can be updated with new content by subscribing to Entries (RSS).
