Little Things: The Earning Edition
October 20, 2021
Last week’s blog discussed how minor expenses can erode a financial foundation and, if I may get scientific for a moment, the topic reminded me of how wind and water erosion lead to major ecological degradation. Keeping that geographical theme, this week I examined how small additions of income can build wealth, similar to how mineral deposits create structures like stalactites and stalagmites in a cave.
Little Things: The Spending Edition
October 13, 2021
I began improving my finances by making big modifications like mortgage refinancing, structuring savings allocations and reducing recurring expenses. These actions made a colossal impact on my financial picture and provided a sense of accomplishment. The next step is taking a microscope to my budget by looking for opportunities to make minor improvements under the expenses section.
The Clip Show
October 7, 2021
It’s hard to believe we are a little over halfway through this competition! For those who may have missed some episodes, let’s reminisce about our favorite Project Money moments so far and join the likes of classic sitcoms such as Seinfeld, Cheers and The Simpsons with a good old fashioned clip show!
September 29, 2021
Jason and Jaelyn’s grandfather was diagnosed with stage 4 pancreatic cancer last year during the pandemic and his health quickly declined. My son was accustomed to visiting with his grandfather every other week and due to the illness, combined with concern over the spreading COVID virus, visits came to an abrupt stop. Last month, their grandfather passed away as a result of his illness.
A Good Suggestion Is Worth More Than Two Cents
September 22, 2021
Having followed along with past Project Money seasons, I was certain that the topic of insurance would invariably work its way into my journey. The suggestion to compare insurance coverage, deductibles, and premiums is often made by Summit coaches during the competition. I recently found out first-hand why my coach, Patrick, recommended it and why everyone should do it, no matter their situation.
Hey Siri, Save Me Money
September 15, 2021
Following dinner one night in early July, I couldn’t find my phone and, thinking back, didn’t remember putting it away after using it on the bus earlier that day. Using my daughter’s phone, we made several calls to my phone number, all of which went unanswered. That confirmed my thought – I left my phone on the seat of a Madison Metro bus.