Do you want to be rich someday? You need to pay yourself first. That means that you invest* your money automatically every single paycheck from the point you hear this until you stop working for a paycheck (at which point you should be rich or disabled). *Alternatively you can pay down debt.
This is great advice, but I want to take it a step further. If you want to achieve your financial goals faster, you need to pay yourself last too.
My husband and I recently began embarking on a live in "Flip" or more accurately a live in DIY renovation. Actually, we began about 6 months ago when we moved into a fairly junky house. Juggling two full time equivalents (my job plus my husband's research schedule), a toddler, our health, and a home renovation has been no joke, and we unfortunately expect that we will be keeping up the pace for another year and a half (+/-).
We also have a roommate, which means that our whole renovation and all our living space can take up no more than 1000 square feet (plus a 60 foot shed which is awkwardly in our redneck yard).
When we first began our health, our marriage, and our sanity suffered. Recently though, we've begun to hit our stride. As such, I feel like I can offer a few tips on how to survive and thrive in the several year grind known as DIY remodeling.
My husband and I rarely go out to eat. This is one part toddler syndrome (wherein parents of toddlers become boring), one part cheapskate syndrome (wherein you don't pay for stuff, full stop), and one part enjoyment of cooking.
Many who blog about frugality espouse the virtues of cooking at home, but let me tell you cooking is only a frugal hobby on one condition... you have to eat the leftovers (or not produce them in the first place).
Eat crap you don't want to...(I mean Pantry Challenge)
This is an ongoing series of mine. I am discussing the confusing things about privilege. I don't hope to draw any "Solutions." Mostly, I am hoping that I can process my current life situation (highly privileged from every perspective living in a low privilege area) and become a more loving person as a result.
In Part I, I pointed out that privilege is confusing because you can't escape the privileged worldview. On top of that, I pointed out that rhetoric that defines privilege as a problem is too simplistic because the goal of that rhetoric is ostensibly to give everyone the benefits of privilege. Even so, we cannot turn a blind eye to the fact that unequal distribution of the benefits of privilege is yielding some concerning social trends (and importantly individual problems).
Today's confusing topic is that some people earn privilege, so it feels like due reward.
I'm a wife, a mom, an employee, and a personal finance nerd who is devoted to spreadsheeting my way through life.