Some people believe that all millionaires are crooks and only have their millions because they inherited their wealth. According to Thomas Stanley, author of "The Millionaire Next Door," 80% to 86% of the millionaires in America are self-made millionaires. Self-made millionaires are first generation millionaires, which means that they were the first in their family to reach a million dollars. That means that they did it on their own. That means that you can do it on your own also.
Year of Frugality: Month 2 Update
Well February is over and I am pretty happy with the progress we made this month. Despite our struggles with more unexpected expenses, we still found a way to cut back and come out under budget in February (Yippee). We even took a little trip to the Austin area to visit my wife's grandmother. This trip was great for our family as we visited a state park, went hiking and then enjoyed a nice lunch. A couple weeks after that trip, we got the opportunity to watch Garth Brooks in concert. Both of us have always wanted to see Garth, but never had the opportunity. Luckily, he came to the Houston Rodeo!
The Dangers of Gambling
Since gambling is not a drug or alcohol, people find its addiction less damaging. But, the truth is - gambling can wreak havoc on a person’s life. Though you can’t die because of overdose, its addiction causes serious damage to the welfare of individuals and everything related to them.
Our Saving Process
Last summer, I wrote an article titled, "Americans Not Prepared for Emergencies." This article sparked some interest from some of my friends and some readers. They insisted that not everybody knows how to save and suggested that I write an article about strategies. With that advice in hand, I have finally decided to tackle the "How do you save?" question.
7 Ways to Celebrate Valentine's Day on a Budget
My wife and I are not big on celebrating the Valentine's Day holiday. It all started while we were engaged. I booked a reservation and had an elaborate evening planned for our date. Sadly, I picked a restaurant that overbooks reservations on this special day. Therefore, we stood in a line waiting an hour to be seated. Yes, we waited an hour after our reservation time to get into the restaurant. That was the last Valentine's Day that we tried to celebrate on Valentine's Day!






