Last time, we talked about the history behind the fashion money trap. With part 2, I’ll give you the six tactics I use to escape the fashion money trap and help me live a richer life.
If you only read one book on personal finance, The Simple Path to Wealth by JL Collins is a solid guide on the mentality and skills that anyone can use to take responsible ownership of their financial future.
Millennial males spend twice as much each year on apparel when compared to men of prior generations. Millennial females are in a similar situation, spending a third more than women of prior generations. How can we avoid losing the shirts off our backs?
We had a toast-worthy moment last week - our outstanding mortgage balance finally came under the $100,000 mark; we’re officially in a 5-digit mortgage!
The May challenge is over! Here’s the full set of update/results posts: Challenge post Mid-month update Final results