Being frugal requires developing almost a reflexive ability to distinguish between needs and wants. Beyond distinguishing needs and wants, the frugal person must also possess the self-control to ignore the later. Can a frugal person ever give into a want? Of course they can! In my upcoming book, “Being Frugal, A Truth to Build Wealth” [...]
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“Why” is always a tough question to answer. In counseling, it is better to never ask a counselee “why” but rather “what” may have caused the behavior or emotion. I will attempt to answer why one should live frugally in just one sentence. Frugal living delays near term personal gratification in order to create financial [...]
There are certain personal finance truths the average American should accept to build wealth. A total of five in fact; invest early and often, be frugal, collect rent don’t pay it, be diligent, and finally, knowledge is money. Look at any of my material and you’ll know the real estate financial truth is probably my [...]
What exactly is a windfall? Simply put, it’s when we come into a substantial sum of money, oftentimes unexpectedly. Sometimes you can see a windfall coming or it may be a complete surprise! Seems like some people are always coming into windfalls, while for the rest of us it may only happen once or twice [...]
We currently have a rental unit available. As my wife shows the property to prospective tenants and we receive applications for screening, I am reminded about the importance of managing credit. The rental business is thriving and we receive numerous applicants. Our quantitative means to assess each applicant is via a tenant screening service offered [...]




