Great Savings 59 – Build Hope For The Long-Term


This beautiful sunset promises a bright new day.

Do you hold hope for the future?

Nothing kills a savings plan faster than the inability to think long-term. For some thinking long-term is easy. For others, the lack of hope for something better makes the very notion of long-term investing feel like an impossible dream. Yet it’s worth asking: Is hope something that happens to us by chance or something we hold the power to create? Continue reading

The Creation Of Wealth

Is the creation of wealth inherently evil? Will having a certain amount of money automatically corrupt your basic principles? What would you do with your money if you amassed a fortune?


Margaret Thatcher quote on the creation of wealth.


Don’t let money rule you. Learn to use money wisely.



Great Savings 50 – Buy A Smart Phone


Smart phones do a lot more than making calls.

Is it time to upgrade? Yes!

You may wonder why a website dedicated to simplifying life and getting by on less would suggest owning a smart phone. In truth, there is a lot wrong with technology, especially when it threatens to poke its nose into every aspect of our lives. We need balance to thrive, balance which can easily be upset when a device like a smart phone demands our attention at all hours of the day and night. Yet there are some significant benefits that are difficult to ignore. Continue reading

Great Savings 49 – Ethics And Wealth


The word “ethics” can be defined many ways, but the concept boils down to this: “Doing the right thing even if no one is watching because in our heart of hearts we know we’ll feel better about ourselves over the long run.” So what do ethics have to do with saving money and building wealth? Just about everything. Continue reading

Great Savings #48 – Focus On Prosperity



What do you see as you look at this picture? A curious baby? A proud father or grandpa? An extra burden on the family budget? What we see says a lot about who we are and what we expect. This is an example of the power of the mind at work.

We have only so much time in a day to focus our precious mental energy on the things we do. Focus on the wrong things and we risk spending time and resources in a way that define and set limits over everything else we might accomplish. Focus on the right things and we open ourselves to a multitude of opportunities. How we spend our metal energy is therefore critically important to all life’s business. And no where do we feel the impact more than when it comes to eliminating debt or creating prosperity.


The mind is a powerful tool. Every day men and women come up with new ideas, new inventions, and new technologies by focusing their mental energy on problems set before them. Interestingly, human experience proves time and again that the mere act of thinking about a problem is often the prime requirement for coming up with a solution. Achievements like flying to the moon, building pyramids or creating the virtual world of the internet ought to remind us that the capacity to accomplish great things is limited only by our capacity to dream them. Continue reading

Great Savings #47 – Insure Against Catastrophic Loss


Don't leave yourself at risk. Protect your hard-earned cash.

A catastrophic loss can end up costing a bundle.

Where our personal wealth is concerned, we eventually accumulate enough of it that the mere possibility of a “catastrophic loss” is unacceptable. And while any loss can be bad, a catastrophic loss is a large loss, one that creates a significant strain or hardship on our financial situation. As everyone is different and has a unique situation it’s hard to put an exact dollar figure on such a loss. Yet no matter where you stand, a catastrophic loss means you end up taking a huge hit to your finances—one difficult if not impossible to recover from. Continue reading

Great Savings #46 – Diversify


What happens when you carry all your eggs in a single basket? You risk a total loss.

Mr. B needs to diversify.

No doubt you’ve heard the expression, “Don’t put all your eggs in one basket.” There’s a lot of wisdom in that statement. If you carry a big basket holding all your eggs and drop it you’re likely to end up with a huge mess. If you split the eggs up among several baskets dropping one doesn’t affect the other others so the potential loss is considerably less. In much the same way, diversifying your financial assets is a great way to protect yourself from a devastating financial loss. Let’s take a look and see exactly how this plays out. Continue reading

Great Savings 44 – Change Your Passwords



Passwords protect our way of life.

What’s the key to making a really great password? Find out.


When was the last time you changed important passwords? Do you rely on one or two passwords for all the websites you visit? Do you know what makes a secure password and what doesn’t? Do you use a password with a close relative’s name or birthday in it? If it’s been awhile since you last thought about passwords, or if you answered yes to any of the above questions, nothing short of your financial future could be at stake. Continue reading

Great Savings 42 – Spend Less Than You Earn


Want a simple formula that guarantees a way to get ahead? This formula is so straight-forward few people ever see the incredible potential built into it. In fact, those who use it on a daily basis can almost guarantee their personal financial success. But we warn you: Even though the formula is simple, applying it takes discipline. Continue reading

Great Savings 38 – Put Savings First

There's money under the mattress.
Saving and investing are two concepts that are often used interchangeably, yet they are different and the differences turn out to be important when the goal is building long-term wealth. In today’s Great Savings Tip we attempt to distinguish between the two and discover why it’s so important to put savings first.  Continue reading


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