Living Rich Cheaply: Have Your Cake And Eat It Too!

A few weeks ago, my wife was debating whether to spend money on something. I forget what it was. I said to Mrs. Living Rich Cheaply, “You can’t afford everything. But you can afford anything,” quoting the wise words of Paula Pant, who blogs at Afford Anything. The basic premise is that you can afford anything that you want, but you have to prioritize what it is that is truly important to you, and cut out the expenses which aren’t that important. My wife, fortunately is a frugal person like me, but she responded by saying, “that’s a good point,Continue Reading »

How Many Credit/Debit Card(s) Do You Carry?

My co-worker was on the phone with her husband the other day. Apparently he was at BJs and had a lot of stuff at the check out line. When he was ready to pay, his debit card was declined. Just imagine that feeling: a long line of people waiting behind you, you with your month’s worth of groceries on the conveyor belt and your card doesn’t go through. Eventually the cashier put his items aside, and my co-worker’s husband called the bank and resolved the issue. This isn’t a problem that I foresee facing. I carry 4 credit cards andContinue Reading »

Are You a Brand Worshipper?

When I was a little boy, I loved playing with my toy cars and had a big collection of them. One day, I asked my dad which one of my toy cars was his favorite. He pointed to a white Cadillac DeVille convertible (the one Boss Hogg drove from the show Dukes of Hazzards). He asked me which one was my favorite. I pointed to an orangish-brown no-name station-wagon-looking car which was falling apart. “Really, why?” he asked. “Because it looks like your car!” I answered. (My dad drove a brown Chevy Malibu back in the 1980s) Ahh, such aContinue Reading »

Co-op Buying Process

As I mentioned in my previous post, we just moved to our new digs. In the last year or so, I’ve posted a few times about thinking about buying a co-op and signing the contract. When you purchase a co-op, you do not technically own the apartment, but you own shares of a co-op corporation that owns the building. So I’m not technically a homeowner, I’m a shareholder. When I started researching about the co-op buying process, I saw an article where the writer said that a trip to the dentist to get his tooth extracted was a more pleasantContinue Reading »

Embracing Minimalism

This past week, my wife and I were busy with packing, moving and unpacking. As most who have moved know…moving can be a PAIN. I haven’t really had to move much in my life. Going off to college doesn’t count. And moving out of my parent’s house doesn’t really count for me either as I still have random stuff in their basement. Also, it wasn’t like we had a lease and I had to move EVERYTHING in a short amount of time. So back to the packing part. We only had a one-bedroom so in my mind, it shouldn’t haveContinue Reading »