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Do the Rich Use Debt Differently?

Prairie Eco-Thrifter

When I was a mainframe computer programmer and project manager, we used a relational database product from IBM called DB2. For example, in How to Become a Millionaire by Age 30 the author claims that: “Rich people use debt to leverage investments and grow cash flows. It depends on risk tolerance.

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How to Save Electricity While You’re Working at Home

Prairie Eco-Thrifter

The all-day-long work on computers and laptops within home studies has drastically increased the energy consumption and it is starting to become a concern. Check the power management features of your computer and make sure you have the right settings. Keep an eye, and you’ll end up saving huge. Sleep Mode. Tax Returns.

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My Binder System for Organizing Some Important Areas of My Office and My Life

Family Balance Sheet

Some people keep their recipes on the computer, but I prefer my binder with its well-used, splattered pages. I keep separate binders for our Business Expenses & Statements , Business Taxes , Health Savings Account , Retirement , my passwords (with alphabet tabs), and Workouts. Do you use binders to stay organized?

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Competing With Yourself To Save On Utility Bills

Prairie Eco-Thrifter

Did I use less power than last month? How much money do I get to keep in my bank account this month? For electricity, I note how many kilowatt hours kWh) I use. And for water, I watch how many gallons of fresh water I used. Use power strips wherever – and whenever – possible. Were my showers shorter?

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Ways to Build Credit Without Relying Solely on Credit Cards

Prairie Eco-Thrifter

Only a small portion of your FICO score is based on having and using revolving credit. Just use that conservative financial attitude to your advantage. Consider opening an account at a local credit union. no-fees) on checking and savings accounts. Use the card sparingly. Strategies For Building Credit.

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How to Make a Habit of Saving

Prairie Eco-Thrifter

So, I propose that you make a habit out of saving. I’ve gotten into the habit of logging on to my bank account and credit card accounts when I first wake up and open the computer. In fact, I’d have to set reminders to ensure that I didn’t just automatically do this if I wanted to take a different approach to saving.

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Money tips from Mom

Prairie Eco-Thrifter

Mom used to get so frustrated with me when I ran around with less than $5 on me. Although my spouse and I have always been diligent about tracking our spending and knowing our balance, there was a time early on in our marriage where neither of us was much into balancing our checkbook back to the bank’s idea of our balance.

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