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Updated over 5 years ago on . Most recent reply

User Stats

173
Posts
66
Votes
Robert Kirkley
  • Lender
  • Orlando, FL
66
Votes |
173
Posts

One step closer to investing

Robert Kirkley
  • Lender
  • Orlando, FL
Posted

Hey everyone!

I have been spending a lot of time researching the forums and listening to podcasts on BP, however, lately I was finding it difficult to decide where exactly to start on the financing side of things.  After continuing to listen to the Money podcast, I found myself on the MMM blog and have been hooked ever since!  This weekend I went ahead and paid off all of my credit card debt, and any other debt I had not including what I still owe on my car.  I will continue to pay that down until I am free of any debt, at which point I will start to save for my first property.  I am also looking for other work outside of my full time job to stash away some extra cash.  

After reading some of the MMM blog, I also purchased a personal hair cutter, which I may be more excited about than I should be.  Not only will I be saving about 3 times as much as it cost per year, but now I don't have to go when it is convenient and spend 30 minutes driving to a Great Clips for a 5 minute haircut.  

Do you all have any other little tips and tricks to help out someone in my shoes who is trying to increase their savings rate for investing purposes?  I would love to hear all of the ideas you guys have!

Most Popular Reply

User Stats

44
Posts
14
Votes
Morgan Wallace
  • Investor
  • Greeley, CO
14
Votes |
44
Posts
Morgan Wallace
  • Investor
  • Greeley, CO
Replied

@Robert Kirkley

I don’t know what your full time job is, but if you can deliver pizzas nights and weekends it puts your vehicle to use, it’s great extra money, and you get to know the different neighborhoods in town really quickly. You’d be surprised how different each neighborhood is and the differences in quality, safety, upkeep, etc. from street to street.

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