How to Save Money

Information and posts on topics about how to save money, including my best money saving tips. Here you will find information on how to create a budget, and how to save money on things such as groceries, housing, student loans, and travel.

Why Personal Finance is Harder for Solopreneurs, and What to Do About It

personal finance solopreneur

Before I dig deeper into why I feel that personal finance is harder for solopreneurs, I must share a little bit more background with you. According to Wikipedia, a solopreneur is the “sole owner of an independent company.” In other words, a solopreneur is an entrepreneur that works alone. On a personal level, I have been a solopreneur almost exclusively for the past 12 years. Since 2005, I’ve owned and operated my own “law firm” (as I loosely define that term). During that time, I’ve worked alone, had an assistant, had my wife help me, and hired contract attorneys to […]

10 Personal Finance Bloggers that I Look Up To and Follow

personal finance bloggers

It’s been almost 2 months since I launched The Bearded Money Guy, and today I decided to take a moment to reflect on some things I’ve learned, as well as some of the personal finance bloggers that I’m starting to look up to and follow in the financial blogging space. First, I am amazed (in a pleasant way) at how generous, helpful, and kind many of the other personal finance bloggers are. This is truly a warm and helpful community. I wasn’t sure what to expect when I started, and this has been a remarkable surprise. Second, I’ve learned a lot […]

What I Learned About Money From Our Road Trip to Grandma’s

Road Trip and Money

This past weekend, my family and I took a road-trip to my Wife’s Grandmother’s House, visiting with her and my brother’s family, who also lives close. It was a 9.5-hour car trip (one-way) from North Carolina to Cleveland – not a simple undertaking with three young kids in a Honda Odyssey. Today, as we prepare to head back to North Carolina, I thought I would reflect on a couple of the lessons I learned about money over the weekend. It’s important to set a budget for your trip (Even though it might be hard to keep) If you are going […]

5 Easy and Quick Ways to Grow Your Wealth Without Even Thinking About It

Grow Your Wealth

A few days ago I posted about whether you should focus your efforts on saving money or earning more money. Clearly, the best option is to focus on both. Widening that gap between income and expenses is the easiest and quickest way to start to build significant wealth. Today I wanted to share with you some ideas you can use to start to build that wealth without thinking about it too much. Start Tracking Your Net Worth Probably the best way to starting growing your net worth is to start tracking it. If you think about it, what’s the first […]

My Grocery Bill is Out of Control

grocery budget

Sometimes I feel completely out of control… when it comes to the monthly grocery budget that is. I’m almost embarrassed to share the monthly number, it’s that freaking ridiculous. Before we go there, I should say that our family includes my Wife and me, and three kids, ages 7, 5, and 3. But even though we have 5 humans in our house, it’s not like our kids are eating us out of house and home… yet. But our grocery budget is still WAY out of control. It’s at the point that I feel like Ms. BMG and myself need to […]

How to Save Money – My Top Money Saving Tips

How to save money

Everyone wants and needs to know how to save money. Young or old, single or married, how to save money is an important topic for anyone who cares about their financial future. So today I thought I would write about all the different ways that I have found to save money. And after doing a couple of hours of research online, I came up with over 50 different ways to save money. That’s money you can use to pay off debts, put towards your freedom fund, or save for a down payment on your house. Although I’m not a big […]