Linkworthy: Nickels, Dimes, and Roaches

Today’s pick goes to Jeff at Deliver Away Debt. He’s got a great story behind his blog and an interesting, nose to the grind solution to his debt problem.

Last week he posted about nickel and diming. Now I know some people feel it’s better to enable yourself to make these kinds of purchases, by making more money or whatever but I feel that both sides of the coin are important. Ya, making more money to afford these kind of things is a great idea but what if you made more money and stopped throwing it away on little, unnecessary things? Then you could put that much more towards retirement or paying off debt.

The title of his article is, Don’t get nickel and dimed. Those little costs add up a lot faster than you could ever imagine. Like he said in the article, “Just like the latte, they are many other things that we do every day that destroy our wealth building potential.”

Those little things really do crush our potential. It’s like the old saying, one step forward and two steps back. Each penny you blow on those little, reoccurring purchases, puts you farther and farther away from financial freedom.

Other great nuggets this week:

Pffirewall mentions:


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7 People have left comments on this post



» wealthartisanNo Gravatar said: { May 15, 2010 - 09:05:57 }

Hello There,

Thanks for the feature and the other excellent reading materials. I really like your blog layout, especially the RSS and email icons! Thanks and enjoy the rest of your weekend.

Thanks,
Timothy
Wealth Artisan Team Member http://WealthArtisan.com
My recent post Strange Investment Satisfaction

[Reply]

jmichelsenNo Gravatar Reply:

Hi Timothy, thanks for dropping by and commenting. I really thought your piece was a great read and had good advice on the subject, so keep it up! Thanks for the comments about the site, too! It's always nice to hear 🙂

Thanks,
Jesse Michelsen
http://www.pffirewall.com
801-784-8866

[Reply]

» Kevin@OutOfYourRutNo Gravatar said: { May 16, 2010 - 06:05:33 }

Thanks for including my post in the line up!
My recent post Why Leasing a Car is a Bad Deal

[Reply]

jmichelsenNo Gravatar Reply:

No prob Kevin! You have good stuff so keep it up 🙂

Thanks,
Jesse Michelsen
http://www.pffirewall.com
801-784-8866

[Reply]

» JeffNo Gravatar said: { May 17, 2010 - 03:05:05 }

Thank you kind sir, it is an honor to be featured 🙂

My recent post Friday Frugal Tips – DIY to Save BUCKS

[Reply]

jmichelsenNo Gravatar Reply:

You're very welcome man, it was a good piece. Very applicable across the board.

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