Budget

Subscriptions are the future of sustainable, growing businesses. They can also change your life. It’s obvious by the success of Spotify ($10 a month for all the ad-free music you want, wherever you want), crazy ideas like The Dollar Shave Club ($6 per month and you never have to think about buying razors again) and specialty products like Tonx coffee ($24 per month and you have the freshest, tastiest coffee delivered to your doorstep) that subscriptions are catching on and they aren’t disappearing soon. Businesses love subscriptions because they generate recurring income with no added costs. While they are beautiful for business, costs compound quickly for consumers. We all have a finite amount of subscriptions we can support based on our income, but we can transpose the subscription-model idea to our time as well. **I call it subscription limitation. ...

Budgeting is like a magic trick: everyone is impressed when they see it done but few have the guts to try it for themselves. Prepare for the tricks of budgeting to be demystified as we pull back the curtain to enable you to make your own cash-flow plan with ease. There are a lot of tasks here, but they all fall under three main steps (via The Prestige)–the Pledge, the Turn, and the Prestige. The Pledge **Committing to changing your financial reality. ...

I love budgeting. Three words you don’t normally hear from a 23-year-old guy. If you make it all the way through this monster post, I’m fairly certainly budgeting will start growing on you too. My wife Niki and I took the 13-week Financial Peace University course by Dave Ramsey and decided to put a budget into action when we got married. We’ve been following it faithfully for the last 7 months, and it’s been unbelievably freeing. ...