I read a funny post at Wall Street Journal about consumers taking scissors into their own hands in an attempt to save money…sometimes with scary results that end up costing them more in the long run!
I’m no stranger to the DIY home haircut – I found that taking my time and only doing simple cuts works best for me. I leave my daughter’s layered cut to the pros.
Trent at The Simple Dollar posted a no-fuss, “path to weath” plan where anyone can become a millionaire by investing 5 minutes a day.
In researching home business ideas, I’ve come across many scams and “get rich quick” schemes targeting those who want wealth without the effort. There is NO program out there that delivers on this promise. NONE.
You need to work in order to earn. If it is legitimate work, it takes time.
Trent’s advice is to take 5 minutes a day and analyze your spending habits, look for ways to save, and then examine how you can grow your savings by investing.
Back in October, Dad and I decided to kick the Starbucks habit and saved $230. I am taking that $230 a month and applying it towards our home equity line of credit (in addition to the regular payment). This will enable us to pay off the balance faster and save money in interest. Once the HELOC is paid, I will take that monthly payment and sock it into our high interest savings account. We are looking at ALL areas of spending to see where we can cut back and save even more.
I plan on taking it one step further by increasing our income through a home business and funneling that money into our debt repayment.
Will the simple step of cutting back on daily spending make us millionaires? If we are consistent on saving and investing, I believe it will.
Wash, rinse, repeat…it’s really that easy.
You don’t even have to spend $899 on that “Turn-Key-No-Work-Get-Rich-Now” system! 
When you have six kids, you learn what baby gear is essential (like a car seat) and what really is not necessary. For instance, we never bought a changing table. My changing area is any flat surface, such as the floor, covered with a blanket. We use common sense and never leave our babies unattended. Another item we passed up purchasing was a baby monitor. Our babies are kept in a sling or within arms reach when they get older. I never had a real need for a monitor before.
I awoke earlier than normal this morning. I wanted to work downstairs and enjoy my home-brewed coffee with Dad, but the baby was still asleep. I could see how a baby monitor would come in handy.
I remembered our cordless phone system had “room monitoring” capability. I left a handset next to Baby A, and took one downstairs with me and activated the room monitor feature.
Success! We now have a functional baby monitor and it didn’t cost additional money!
Dad and I had coffee together, and I was able to bang out a few hours worth of work. What a cool tool for this work at home mom!
