Controlling Your Budget (Part 2 – Housing)

In my last post, I wrote about the four overarching categories that have an impact on how much money you are able to save and pay down debt. The categories are housing costs, transportation costs, food costs and discretionary spending. This post will focus on the one category that typically consumes the largest portion of most people’s income—housing … Read more

“Be Fearful When Others Are Greedy”

“Be fearful when others are greedy, and greedy when others are fearful.” Warren Buffet All of the leading economic indicators says that the American economy is strong and looking to continue to grow for the foreseeable future. Unemployment is down, consumer confidence and consumer spending are up and many forecasters are expecting it to continue to rise throughout … Read more

Don’t Do This: The Top Four Money Mistakes I Have Made

Back when I lived a more financially challenging life, I used to find myself wondering how the so-called money experts lived their lives without making money mistakes. They always seemed to be have the right advice for every situation.  How did they this get all of this knowledge? And more importantly, do they every make any money mistake? … Read more

Planning For The New Year With Last Year’s Income

The end of the year is a very financially stressful time in the Broke Architect household. It is not from any pressure to lavish our friends and family with incredible gifts. What stresses us out are the various financial decisions that need to be made during this time of the year, due to the major impact these decisions … Read more

Tis The Season To Saving

The holiday season is the most financially dangerous time of the year. There are all the parties that must be attended, the gifts that must be given, and the restaurant meals that must be eaten due to the countless hours of shopping. Because of the beauty of it all, we don’t realize the damage done to our finances … Read more