The Millionaire Next Door

October 7th, 2007

millionaire next doorI think it should be a requirement for everyone in high school to take a course in money management. I have long been a believer that if you always live below what you make you will be able to retire debt free and with money in the bank.

But the book “The Millionaire Next Door” goes one step further by saying you can actually become a millionaire.

How?

Budget – Set a limit and stick with it.

Plan – as much as a year in advance for buying high end products such as a car so you can research and pick the best for your needs

Live a simple life – you buy the car that is dependable rather then has the most bells and whistles. Read the rest of this entry »

House Sitting for a Mini-Retirement

October 4th, 2007

house sitting

One of the fastest growing popular trends in the world is [tag-tec]house sitting[t/ag-tec].

I love the fact that if there is really something you want to do in life you can find a way to do it. All it takes is a little creativity and willingness to try something different.

I spoke to a friend of mine yesterday who said she stumbled across an article about this new trend as an inexpensive travel option.

It’s true, people need to escape the burdens of daily life for awhile–from things like mowing the lawn, pulling weeds, painting, gardening, remodeling, home repairs, pet care, checking the mail, and paying their bills. Even a break from nosy neighbors is reason enough to get away for a while.

This is where you come in. Read the rest of this entry »

Consider A Bridge Job

October 1st, 2007

Home Depot

have a different mentality about retirement. They want to retire on their own terms and sometimes that means easing into by working part time or working only part of the year. The transition is easier than finding yourself gainfully employed and active one day and the next retired and wondering how to fill all the hours in a day.

Thank goodness some companies are finally recognizing this trend and see how they can profit from this. The result - If you want to ease into retirement consider a bridge job. A bridge job follows a full- time career and is either part time or lasts less than 10 years, or is both.

Many companies are finally getting smart and offering this flexibility to older workers. Read the rest of this entry »