Can Credit Cards Actually Help You With Being Frugal? + MORE

The rehab is now underway on our investment property. As you might recall, my brother and I bought a HUD home that we are flipping. The plan is to have the house on the market over the next few weeks.

In order to determine if this was a good investment we had to consider three major factors. The cost of the house, the cost of the rehab, and how much we could sell the house for…

Today marks the first day of the month, and that means my wife and I are sitting down for our monthly budget meeting.
We have been meeting this way to craft a monthly budget for almost 2 years now.  We believe that when it comes to money, the best way to avoid the effects of our poor economy is to take control of our personal finances…

Besides visiting family this weekend (which was a blast!), we also went to Virginia to adopt a new member of our family – our new kitten. We’ve been looking to get another cat for a bit, but I wanted to make sure that our toddler could handle it. We also wanted to get a kitten comfortable around kids and other animals…

For one reason or another retirement planning has been on my mind lately. I could probably attribute it to our personal situation as we look at how to save for retirement while running our own business, but I know a lot of it has to do with numbers I have been hearing lately. Mrs. Frugal Rules and I were listening to NPR the other day and they were saying that 47% of Americans have less than $25,000 saved for retirement…

Life is not safe, everyday we face new health issues and other risk factors in the fasting growing world. Hence making our self safe and our family safe is very essential. We should all have an insurance policy whatever professional or field we belong to. Insurance policies are many, but the company which provides all …

What’s the deal with the title of this article?  Well, it’s April 1st, and that means its April Fools’ Day!  If you caught the article this morning, you’re probably aware that I decided to play a little prank on my readers, mainly involving a little bit of Rickrolling.  Yes, I know it’s a bit out of date, but it seemed appropriate…

I am starting a new exercise plan, which has some great side effects–exercise makes me spend less money.  First, a little bit about a new goal added to my goals list–Running.  I hate running, so much so that I started … Continue reading →The post Exercise Makes me Spend Less Money appeared first on Financial Black Sheep…

One of the things I firmly believe in as a young professional is the need to always look for ways to improve yourself. Because of that, I have been a frequent reader of blogs and they have helped me out a lot! Here are some great posts I read this week:
Link Love
Careerealism talked about 7 important habits for successful professionals…

Good morning Dinks. As you know I am a huge fan of reality TV and one of my favourite shows just started a new season.  I love The Celebrity Apprentice because it takes place in New York City, it’s full of Hollywood celebs and every week viewers get to watch celebrities tackle a different task.
Of course the highlight of The Celebrity Apprentice is that viewers and contestants get an insider look at how Mr…

This is a guest article by Hugh Tyzack.  If you are interested in contributing to Debt RoundUp, please follow our guidelines.
Credit cards are often vilified as one of the worst evils in our society, but while it is true that they can lead to unmanageable debt, when they are used appropriately they can actually be very useful in helping you to be more frugal…

Investing: There You Go
Club Thrifty – Stop spending. Start living. 
The following is a guest post from our good friend William Cowie of Bite the Bullet Investing. If you are interested in guest posting at Club Thrifty, please read our guest posting guidelines and give us a shout!
 
A good friend and I ran into each other the other day in a parking lot…