Author Archives: Joe Morgan

It’s Never Too Soon to Teach Kids about Money

Children don’t usually learn money management skills in schools, but don’t think that means they don’t learn about money. Children are like sponges. They soak up everything they can at an early age, and learn much more than we’d like … Continue reading

Posted in Education, Personal Finance, Relationships | Tagged , , , , | 6 Comments

12 Mistakes of Christmas

Christmas is a wonderful time of year, but it can be stressful as well. Sometimes, people have expectations so high that they could never be met. Other times, it’s the little things that can pile up and just wear a … Continue reading

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Why Now is the Best Time to Shop

Conventional wisdom has long held that the best deals come close to the holidays. Another bit of conventional wisdom is that the best time to buy is when the economy is in recession and retailers need the money. These age … Continue reading

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The Power of Perspective

This year marked the 5 year anniversary of my Grandfather’s passing. When he died, it was like losing my father. In fact, he was the only father figure in my life for my first 8 years until my mother remarried. … Continue reading

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What AC/DC can teach us about personal finance

AC/DC released their first album in 8 years on October 20th, 2008 and within a week, Black Ice hit number one on the Billboard Hard Rock chart. They have sold over 200 million albums worldwide. They were ranked number 4 … Continue reading

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How to Live on a Single Income

I know a lot of people who were asking if it’s possible to live on a single income before the proverbial excrement hit the rotary device, economically speaking. I imagine there are a great many people who are worried about … Continue reading

Posted in Frugal, Personal Finance, Saving Money, Shopping, Work | Tagged , , , , , , , , , , | 11 Comments

Why Does College Cost So Much?

Consider that, according to the Bureau of Labor Statistics, in the 20 years from 1985 to 2005 energy costs have risen 108%, Medical costs 251%, and college costs increased 439% — but a college degree is worth it, right? Not … Continue reading

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Are Children Entitled to a College Degree?

It seems like every personal finance magazine I read reinforces the idea that our children are entitled to a college education. Beyond that – it’s the parent’s sole financial responsibility to provide a college education free and clear for their … Continue reading

Posted in Education, Personal Finance, Relationships | Tagged , , , | 19 Comments

The Cost of Saving Money

I love saving money. Ask my wife, she’d be the first to tell you. She thinks I’m a tightwad and that I wrote the book on skinning a flint. I like to think she is maybe a bit facetious. Maybe. … Continue reading

Posted in Personal Finance, Saving Money | Tagged , , | 2 Comments

What the Economic Crisis Means to You

At any given time in your life you may find yourself in a financial situation not of your making. The recent credit crisis in America is a prime example. It is a uniquely perfect storm to be sure, the kind … Continue reading

Posted in Investing, Personal Finance | Tagged , , , | 4 Comments

Financial Lessons from my Creditors

It’s become quite fashionable to attack credit card companies or banks who hold our mortgages, especially with the recent turmoil in the financial market. While talk of increased regulation and pointing the finger of blame may each have their place … Continue reading

Posted in Credit Cards, Education, Personal Finance, Taxes | Tagged , , , , , , | 2 Comments

How I’ve Managed to Get 10 Years from my Computer and How You Can Too

Hello, my name is Joe and my computer is 10 years old. I work in the IT field in my day job, so an admission like that is often greeted as though I am admitting to suffering from alcoholism or … Continue reading

Posted in Frugal, Personal Finance, Saving Money | Tagged , , , , , | 55 Comments

Six Supermarket Saving Secrets

Your grocery bill is likely one of the largest parts of your living expenses. If you were to rank them from largest to smallest, it would probably fall just after mortgage (or rent), energy and car payments. You can’t do … Continue reading

Posted in Budgeting, Food / Groceries, Personal Finance, Saving Money, Shopping | Tagged , , , , | 7 Comments

Why the Rich Get Richer and the Poor Get Poorer

An investment in knowledge pays the best interest. – Benjamin Franklin The secret is a simple one: Education. I’m not talking about going to Harvard or some elite university. I’m not even talking about a Masters or a PhD degree. … Continue reading

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Passive vs Active Income: Are You Working For the Wrong Income?

As children, we are often taught by our parents to do well in school, go to college and get a good job to succeed financially in life? We have all heard that being active and hard work will make us … Continue reading

Posted in Investing, Making Money, Personal Finance, Retirement, Work | Tagged , , , , , | 8 Comments

Frugal Your Way Out of Debt

People have gotten into debt for a variety of reasons. Some is due to their own fault while others aquired the debt from circumstances beyond their control. While it’s important to understand why you got into debt so that you … Continue reading

Posted in Debt, Frugal, Personal Finance, Saving Money | Tagged , , , , | 6 Comments