Is frugality about saving money or making you feel less guilty?

In the fascinating article, "The Green Bubble: Why environmentalism keeps imploding," Nordhaus and Shellenberger cite this provocative study that has close parallels to frugality: "It's easy enough to point out the insignificance of planting a garden, buying fewer clothes, or using fluorescent bulbs...But the ecological irrelevance of these practices was beside the point. What downscalers offered was not a ...

Have a mortgage? Save $71,000 in interest payments

I've been hammering on the idea of focusing on the big wins instead of worrying about $3 lattes here and there. It's far better to focus on cutting 25% off the two biggest areas of your spending than to worry about saving 5% on 50 things. Any time you make a major purchase, there is a huge amount of money ...

I’m guest writing at the New York Times this week

Last week, I wrote about the Guest Post Strategy to get people to read your stuff. This week, I'm a guest writer at the New York Times. Here's a quote from something I wrote: "Your friends will try to convince you that target-date retirement funds aren’t as high-returning and exciting as their fancy stocks (which they probably picked using ...

Automating your money — especially entrepreneurs and freelancers

How can entrepreneurs and freelancers with irregular income automate their money? Lots of people have been interested in the section of my book on irregular expenses and income -- like entrepreneurs or freelancers --so I thought I'd go into some more detail on how I handle automation. Brian D. writes: I'm just wondering when you deposit money into your account ...

My Free Insider's Kit will show you how to earn more money

Video from my appearance on the CBS Early Show

I've been in New York for the past few days kicking off the media tour for the book. More posts to come soon, but I thought you might want to check the video of me at the CBS Early Show this morning. If you guys want, I'll give you a behind-the-scenes look at what a media tour is all about. ...

Announcing the new “I Will Teach You To Be Frugal”

Forget earning more. Let's talk frugality Over the last few months, I've noticed a change in the type of posts that my readers are looking for. It's not about investments, or asset allocation, or entrepreneurship. In this economy, people want to save money -- period. That's why I launched the Save $1,000 in 30 Days Challenge. That's also why ...