Money

Lifestyle upgrade I recently upgraded my lifestyle.  I went for many years without a car, TV and still do not have a cell phone. It is not that I am a Luddite, rather, I tend to be a minimalist. I like to read books from the library, play chess and do outdoorsy things like shoot [...]

Continue Reading My expanding economic lifestyle – Car – TV

I do not like reading about the mafia,  I only saw one Godfather and I  never saw the Sopranos. However, when I can across Louis Ferrante’s business book about ‘legitimate business lessons learned from working in the mafia’ it intrigued me. Who do not like Horatio Alger rag to riches and prodigal son stories? Ferrante [...]

Continue Reading Mob Rules – Louis Ferrante – book review

If you want to try to be an entrepreneur, but do not know where to start consider the websites like alibaba.com.  It is like a Chinese eBay for small business designed for people who want to access suppliers, manufacturers and wholesaler.  You can sort by country, and type of product you are searching for. The [...]

Continue Reading Small business idea for the US market

My family lives in a paradise, with a good standard and on a tight budget, here is how. A wealthy person is one whose expenses are less than their income. This was true in Ben Franklin’s time and it is true today. I just moved after almost a decade in Krakow, Poland to St. Augustine, [...]

Continue Reading Ways to save money on a tight budget

The question of can a family survive on 50,000 dollars a year is something I hear only in the USA. I can answer with a strong yes. Fifty thousand is a lot of money, people need to put things into perspective. What is a good income for a family in the USA less than you [...]

Continue Reading What is a good income for a family

Did you know that anywhere in the world you can get things for free?  The other day I was walking though my town of Kraków, Poland and I saw a sign that said “free shop”.  I was like what is this? It was filled with nice items that are totally without price. You just take [...]

Continue Reading Free stores and the Freecycle network

The purpose of this post is explaining the three ways to get rich: savings, income and investing and answer the question ‘which one is the golden ticket?’ Investing, saving or income which will make you wealthy? Conventional wisdom talks a lot about growing rich slowly using a combination of savings and income, however, there is [...]

Continue Reading Saving,income or Investing – which is best for getting rich?

The purpose of this post it to give you the a tool that will give you specific price  information and data on different cities of the world. All over the web you find recycled “cost of living” comparisons. You find lists of cities. However, the problem is these list do not show any usable detail.  [...]

Continue Reading Cost of living calculator tool

What if you are poor? The purpose of this post is to put things in perspective and ideas. I am all for making money. I often say I am an unrepentant capitalist. However, that is not what life is about. If you ever worry about money and poverty, remember, money comes and goes, but time [...]

Continue Reading What if I am poor – Why not to worry about poverty

Forex trading is written about all over the web. The question is should you trade currencies? The objective of this post if to give you my personal perspective. The reasons I do not trade currency directly for profit are: Currency trading is zero sum – It is a zero sum game (or slightly negative minus [...]

Continue Reading Currency trading – Should you trade Forex?