3 Reasons to buy term life insurance and 3 reasons to buy whole

When you’re shopping for insurance coverage, it’s vital that you make the best decision for your family. There are several different options that you can choose between. Each kind of plan has different advantages and disadvantages that you’ll need to consider based on your insurance preferences. There is no “perfect plan” that works for everyone. The two main categories of life insurance plans are term insurance and whole life. Both of them are excellent options, but it’s important that you understand the benefits of each of them to ensure that you’re getting the best plan to meet your needs. Term […] Read more »

Tips for Lowering Your Auto Insurance Premium

Between your gas bill, maintenance and repairs, and auto insurance, owning a car can be an expensive endeavor. But there are ways to lessen the financial burden, especially when it comes to your insurance. By understanding how your deductible affects your premium, bundling your insurance policies, and taking advantage of lesser known insurance discounts, you can easily save money on your car insurance. Deductible vs. Premium When it comes to saving money on car insurance, this is the easiest, most effective method. But first, what exactly are deductibles and premiums? Your premium is the amount you pay for each month […] Read more »

4 Ways To Cut The Cost And Stress Of Graduation Parties

In early June my son is graduating from high school, and as is tradition, we are having a graduation reception so friends and family can help celebrate this milestone event. Planning an event for a significant amount of people can take a lot of time, effort, and money. There’s food, drink and in the case of a graduation there is usually some sort of display honoring the graduate. Finding ways to cut down the effort and funds needed for the event is very helpful, here are a few of my favorites. Combine Graduation Parties If you have a child graduating […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 5/19

This morning my son left for a week long trip with his Environmental Awareness class.  They’re going whitewater rafting today, rock climbing tomorrow, then spending five days in the Boundary Waters in Northern Minnesota.  Between the trip costs and the gear needed, we’ve spent several hundred dollars on this trip.  But, I believe it will be something he’ll remember for the rest of his life.  If that hold true, the cost is absolutely worth it!  How about you EOD Nation, have you ever spent a significant amount of money on something unnecessary, and it turned out to be totally worth […] Read more »

The Simple Reason Subway Has Lost My Business

I’m switching sub sandwich restaurants for a very simple reason. Customer loyalty is a funny thing. We may live and breathe a specific brand name or restaurant because of a great experience, a certain product, or proximity to our home or work. But we can also switch in an instant for an equally, seemingly trivial thing. For me the thing that is causing me to change sub sandwich restaurants is the very simple thing of saving a little money. For my entire adult life, I’ve been a huge fan of Subway. Whenever anyone would suggest trying another sub sandwich shop, […] Read more »

Getting Financially Organized: A Month by Month Mini-guide for Managing Your Money

When you are living at home or you are a student, managing money and budgeting look like boring things that grown-ups do but don’t need to concern you. But when you take your first steps into the world of work and self-reliance, how you handle your money can mean the difference between achieving your goals in life and ruefully wondering in 30 years’ time where all the money (and the opportunities) went. Setting Your Budget You will never manage your finances if you don’t have a budget. There is plenty of advice out there about how to work out a […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 5/12

I’m working from home today, with a 20 pound brisket on the smoker.  It’s the largest brisket I’ve ever made so I’m interested in how it turns out.  It’s for our annual Memorial Weekend party (I’ll be freezing the finished product for awhile) and all I can think of is how much cash I’m saving my being able to make this myself.  Roughly speaking, out of a 20 pound brisket (after trimming fat and cooking) I’ll probably get about 12 pounds of meat.  Buying smoked brisket from a BBQ place for catering will run anywhere from $10 to $15 a […] Read more »

Tips to Make Driving & Car Ownership More Affordable Than Ever

While owning and driving an automobile may seem like an overly expensive thing to do, there are obvious advantages that cannot be ignored. Most importantly, you save time and are more productive when you drive to work; not to mention, it’s nice having the privacy and convenience of their own vehicle. Further, who says you can’t drive in premium style without breaking the bank. We’ll focus on Mercedes automobiles here since they appeal to so many types of drivers, but the same could be said for BMW and Audi. One of the first things personal finance experts will tell you […] Read more »

A Little Embarrassment Can Be A Great Financial Teacher

It felt great to be able to come to the rescue for my fifteen year old daughter. As young adults progress through their teen years they want more independence, and rely less and less on their parents. So when the opportunity arose for me to swoop in and save the day for my daughter I latched on to it and took full advantage of it. It also gave me the opportunity to give my daughter a great lesson in personal finance. I had gone to the mall for some shopping, and brought my daughter with me. Once at the mall […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup – 5/5

I’m writing this later than usual Friday post at my kitchen table with the deck door open.  I can hear lawn mowers around the neighborhood humming away.  Many people get their lawn mowers tuned up in the spring.  A lawn mower spring tune up can cost anywhere from $30 to $50, which adds up year after year.  I’ve never done one, and lawn mowers usually fall apart physically before the engine stops working so they seem to be a waste of money to me.  What do you think EOD nation? Fist pump for spring weather, and my favorite posts of […] Read more »

Investing in Stocks and Loving It: Top Tips, Tools and Tricks for Making More Money

Making money from the stock market has historically been one of the easier ways to build wealth for many Americans. Investors don’t need large sums of cash to get started, and the opportunities to generate profits are huge. Yet many new investors tend to focus only on the idea of share trading. The belief seems to be that they only need to pick the right stock, wait for the share prices to go up, and then sell their stocks at a profit. In reality, successful investors use a combination of strategies to build up a profitable portfolio that continues generating […] Read more »

4 Reasons Procrastinating is a Horrible Idea

We all procrastinate from time to time, but it rarely contributes positively towards finishing a task, or resolving a problem. In fact, one could argue that procrastinating is the worst possible thing you could do. Let me tell you about an experience I had with procrastination this weekend: Over the weekend I needed gas for the lawnmower, so I put my gas can in the back of the van and headed for the gas station. As I was doing so, my wife stated she was concerned I was going to spill gas and recommended I put the gas can in […] Read more »

Fist Pump Friday: I Love You Like A Blogger Roundup 4/28

This weekend I’ll be putting my first application of fertilizer on the lawn.  It’s early in the season and all the different varieties needed for the season are available, and in many instances on sale, so I’ve picked up all my fertilizer needs for the growing season.  Later on, the one I want may be hard to find, because as we all know retailers tend to not have a great selection of products for a given season when that season actually arrives.  Who would want to buy the Fall fertilizer application in Fall, right? Get your fists in the air […] Read more »

Beware Of Credit Card Balance Transfer Offers

Credit card companies are at it again. Maybe it’s been happening all along and I just didn’t notice it. That might actually be the point. Opening a letter I received from a major credit card company I was disgusted at what I read. I have no problem taking advantage of a 0% interest offer if diligent payments are made to ensure NO interest is paid. But what I saw exposed credit card companies for what I know they are, financial predators. What I received was a balance transfer offer letter. It suggested that it would be a great idea to […] Read more »