Having just paid off my loans from college (and we’re still paying on my wife’s), Ken Ilgunas’ story of how he lived in a van to avoid student loan debt really speaks to me. While attending graduate school at Duke University, Ilgunas skipped the dorm room and off-campus apartments to live out of a Ford Econoline van parked in a campus parking lot. He ate the cheapest food and showered at the gym.
A Navy Shower is a way of showering that uses dramatically less water than a normal shower. To take a navy shower, you turn the water on long enough to get your body wet, then you turn it off while you soap and lather yourself. Finally, the water gets turned back on for a brief rinse at the end. This uses a mere 5% of the water a normal 10-minute shower uses (navy: 3 gal.
One of the things my wife and I like to endulge in is going out to eat. We make it a point to have dinner at a restaurant at least once a week. Unfortunately, as you probably know, these experiences can be pretty expensive. We were spending a large chunk of our income on dining for a while, so large that we were looking to make a change. But we didn’t want to give up our weekly tradition.
Both my wife and I recently started new jobs. I started mine first, while she was still a student, so I put us both on my employer-provided health insurance plan. It wasn’t too expensive, so I just forgot about it after that. My wife then graduated and started her new job. We looked at the cost of insurance for an employee and a spouse through her employer. Unfortunately, it was slightly more expensive than the plan we were on with my employer.
Solve 99% of fights about finances Have you ever argued with your spouse or significant other about money? There’s very few of us that can say we haven’t. And if you haven’t argued about money, then you probably will. Unless you follow the advice in this post. Since my wife and I implemented this one change in our finances, we have had virtually no arguments about money. So what did we do?
** Ignoring Easy Savings ** There’s almost always another way to save money. And people are always looking for that way. But they also overlook the easiest way to save. Searching for good deals on groceries is a great way to save. Signing up for cheaper car insurance also can help your finances a lot. These are a couple of the obvious actions we take lower our expenditures. But there is a super simple way to save a ton of money that a lot of us ignore.
Do you know how much your cell phone plan costs you? You might have a vague idea of the monthly cost, but do you really know how much it costs compared to other expenses? I once had a cell phone plan that was $84 per month. I had a Nexus S (a smartphone), with Sprint service. This was a completely average plan that many people have. And it cost over $1,000 a year.