Why You Should Invest and Save For Retirement – Plus a Personal Finance Confession Fail

Why You Should Invest and Save For Retirement Plus a Personal Finance Confession FailThere is one topic here on Making Sense of Cents that I hardly ever talk about. That topic is investing.

Investing is something I have never really gotten too deep into in my personal life. I know, personal finance blogger fail right here.

It’s an area in my life that I have been too embarrassed to really talk about. We’ve always had some money in a retirement fund, but nothing to be proud of. My main excuses in the past were always that I was paying off my student loans, saving for something, or preoccupied with things going on in my life.

We do have other money saved as well, but I’ve made a huge mistake of letting it sit in accounts that earn hardly anything in interest.

However, I plan on changing that now.

To make a long story short, I took a leap and bought a few hundred shares of Vanguard Total Stock Market Index Fund Admiral Shares and put it into my SEP IRA. Yes, I’ve finally joined the Vanguard bandwagon thanks to Holly at ClubThrifty and J. Money at BudgetsAreSexy (among several other bloggers!). It is cheap to invest in VTSAX, and their diversified holdings definitely had my interest. [Read more...]

How To Save Money On Hotels And Go On More Vacations

How To Save Money On Hotels And Go On More VacationsEver since I switched to self-employment and became location independent, I have gone on several trips. Having the ability to travel more was one of the reasons I left my day job to work for myself, so it makes sense.

I am often asked questions about how we are able to afford these vacations, and many just assume that we’re spending thousands of dollars on each vacation. Or, that we are in debt…

Neither of these are true.

Our vacations are usually fairly cheap and that is how we are able to go on so many. We spend no where near the $4,000 average that others spend on each vacation.

We are able to spend significantly less than the average because we actively look to save money when on vacation, such as with how much we spend on where we sleep. Usually hotel costs are one of the largest parts of a person’s vacation budget, but they don’t have to be. There are plenty of ways to save money on your accommodations, and, this way you can go on more vacations because you can spread your vacation budget further!

Here are my tips to save money on hotels and rentals so that you can go on more vacations. Also, I have two discounts below that will give you a $25 off Airbnb coupon code and a $30 Uber coupon code, so continue reading! :)

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6 Ways Being Cheap Can Cost You Money

6 Ways Being Cheap Can Cost You MoneyBack in August, I spent $160 on a hotel that was significantly cheaper than the ones surrounding it. I was hoping that I found a deal. Of course, it backfired on me.

In that post, I mentioned the reasons for why we left the hotel just minutes after we checked in (including there being blood splatters in the hotel room) yet they still would not give us a refund. We have since disputed the charge on our credit card, but I’m still not sure how it’s going to turn out.

Many people each and every single day make the mistake of trying to save money, yet end up wasting money in the end.

I’m guilty of doing this. Many times I go the cheap route because I hope it will work out in my favor in the end. Well, I have been wrong on many occasions! [Read more...]