Tag: debt

Happiness Optimization Savings

Is an Emergency Fund Necessary with a High Savings Rate?

Emergency funds are needed, right? Every personal finance expert advises building up one regardless of your financial situation. General advice recommends emergency funds range from $1,000 to one year of living expenses, depending on if you carry debt. Well, I have a confession: until this year we never had an emergency fund. No emergency fund […]

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Chronic Pain

Chronic Pain Challenged us to Build a Simpler Life

Chronic pain and personal finance

A simple life goes against many aspects of my nature. I love travel, adventures, and have a million hobbies. Well, okay, one million may be an exaggeration, but I am very good at keeping myself busy. Seeking financial independence involves taking control of your own life, but when chronic pain is present, that control is […]

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Environment Frugality

Things You Should Rarely Buy New

Ultimate list of stuff you should buy used

Buying new is extremely convenient, but inevitably leads to me spending money that I could instead save. Some things (underwear and socks) I always buy new. But most of time time a used item will be just as good if not better. Before you go shopping consider the old adage: Use it up, wear it […]

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Debt Happiness Health

Financial Instability – Debt, Depression, and Suicide

Financial Instability

This blog post is part of the Suicide Prevention Awareness Month blog tour in partnership with Debt Drop. If you are feeling suicidal, please call the National Suicide Prevention Lifeline at 1-800-273-8255 or text HOME to 741741. People who are struggling with debt are more likely to suffer from depression and consider suicide than those […]

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Debt

How We Paid Off Over $60,000 in Debt!

how we paid off our debt

The secret is out, we haven’t always been so frugal! This week High Five Dad is featuring all the details on our get out of debt journey! He’s also gathered some other awesome debt stories. We both had scholarships, some help from our parents, and jobs to help pay for college. However, we still managed […]

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