Living On A Dime
How To Save Money And Get Out Of Debt
Susan from Texas asks: “As a single mother of two grown daughters, scratching and clawing my way out of substantial credit card and other debt, please give me some ideas about dealing with daughters’ emergencies, specifically health issues, not life-threatening but urgent never the less.” Tawra Wrote: I was going to work on your …
Whenever my daughter Tawra talks about how to live frugally, she can always count on one type of feedback — from people who say, “You don’t understand what it’s like. You have young children and not teenagers. Teenagers cost more!” Most of the advice and tips that Tawra shares come from me. I have raised …
So many people ask how to teach their kids about money, hoping we can give them a 1-2-3 formula to use that will help their child become a wise caretaker of his money and maybe even a future Bill Gates or Oprah Winfrey. Many parents ask this question because they are terrified that their children …
Wouldn’t Tithing Less Leave More Room In Your Budget? Abdeli asks: I noticed that you give a sizeable amount in tithes. I am a Christian myself and give regularly but I can’t help but worry that perhaps giving less to the church might make your budget more lenient, say for emergencies and the such. I …
Get The Most Money Selling Your House By Tawra Kellam A clean neat house can add an additional $5,000- $10,000 to your asking price. Using this method we sold our house in 10 days. As soon as you find out that you are moving, start getting rid of things you don’t need or use any …
Lou from north Carolina asks: Hi. I am recently living on my own with my two children, 15 & 12. I was married for 23 years and totally blown away when my husband asked for a separation. It was initiated by money problems. I made a big mistake by agreeing to file bankruptcy so my …
Mike from Manitoba, Canada asks: “I have been trying to live more simply, and would like to become debt free so that I will be more free to make changes that reflect my new goals in my life. Last year I bought a new car. At the time I was already thinking about maybe giving …
When to Buy New or Name Brand Goods In all my years living frugally, I have found that some things are worth buying new. Even though I often recommend shopping at garage sales and thrift stores, there are times when you don’t really save anything buying an item used or cutting back on something. I …
It is important to carefully weigh the cost of something you're considering buying to see if it's really worth it. Here's how hidden costs can get you!
How Can I Spend Less on Presents Without Looking Cheap? Katie from Rolla, Missouri writes: Everyone else in our family makes a lot of money and buys expensive Christmas gifts for us. I’m getting ready to become a stay at home mom, which will stretch us even more. I’m wondering how to buy presents for …
Paying Cash For A Car? Elaine From Massachusetts asks: “Given the fact that more people are traveling further for better paying jobs — How does your concept of purchasing a car cash apply? I travel a total of 100 miles a day round trip for work. Travel time is about 1 hour 15 minutes peak …
Michael from Wilmington, NC asks: When should you get rid of an old car that is paid for and buy a newer one that would hopefully have less maintenance cost. I am assuming the new car would be paid for outright without credit expenses. Michael Answers: That is a good question. We recommend buying …
