In our opinion, if you aren’t saving 10% of your income for retirement and at least another 10% of your income for savings/emergency fund/college/investing/etc., then your financial life is out of balance and you are definitely living beyond your means. Most people start with their take-home pay, deduct out all their various monthly expenses and…
How we each only spend $4 a Month on Cell Phones
Laura and I each spend approximately $4 a month on our cell phones for a grand yearly total under $100 combined! This means we’re paying at least $1,500 less per year than most similar couples who have the latest cutting-edge ‘smart’ phones (“poor phones”?) attached to their bodies at all times. As you can probably…
Beginner’s Guide to Saving Money
We think the best investment advice anyone can give you is this: Save as much money as you possibly can and make saving your number one financial priority. This is the fundamental underlying concept behind everything we advise here at RichmondSavers.com. It all starts with saving money. Stop buying useless garbage you’ll never use, expensive…
Use the Public Library to Save Thousands of Dollars
We’re a family of readers. We used to spend serious money each year on new books and we amassed a lovely collection that was “worth” thousands of dollars. But you know what? They were just taking up a lot of space and they seemed like more of a museum than anything relevant to our lives. …