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الجمعة، 3 نوفمبر 2017

What the Last Day Is Like if You Don’t Have Power to Cancel Trump’s Twitter

Whether you resigned or got fired, your last day at work is usually a hot mess.

If you’re leaving on a happy note, you spend the day saying tearful goodbyes.

But when things don’t work out that way, it’s tempting to cook up a scheme that sends you off with a bang. (Things like that usually backfire, though, so don’t try it.)

Either way, many of us have the same thoughts on our last day of work. How many of these have crossed your mind?

10 Things We All Think on Our Last Day of Work

  1. How much coffee can I leave with before it’s considered a misdemeanor?

  1. Do I need to bring back all the pens I’ve borrowed over the last four years?

 

  1. Now I don’t have to keep pretending I like Carol’s bran muffins.

 

  1. I sure won’t miss this smelly elevator.

  1. I hope IT doesn’t find out I never changed my work email password as often as they told me to.

  1. Carrying all my stuff to the car in this cardboard box makes it look like I got fired. I resigned, I swear!

  1. It’s going to take me forever to update my LinkedIn profile, resume, email address, work phone number everywhere. On second thought, maybe I won’t leave.

  1. I’ve sat in my office chair so long that it’s perfectly shaped to my butt. I wonder if they’ll let take it home?

  1. I hope I remembered to throw out that hot dog I left in the break room fridge.

  1. I’m not gonna cry, I’m not gonna cry, I’m not gonna cry… DARN IT!

Lisa McGreevy is a staff writer at The Penny Hoarder. Editorial assistant Jessica Gray, who makes really good muffins, collaborated with her on this post.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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These Simple Steps Can Make Your Life Easier — And Your Wallet Fatter

We know life gets hectic: work, kids, school, volunteering, yoga class, that gym membership you swear you’re going to use more often…

Wouldn’t you like to lighten the load a little?

Yeah, adding a nanny, maid and personal assistant to your life would be fabulous. We all like to dream. In the meantime, let’s look at some ways to make life easier while saving you money, not costing you more.

Here are five easy steps you can take this month that’ll make your life way easier — and your wallet fatter.

1. Give Your 401(k) a Tune-up

Got a 401(k)? You’re on the right track.

Now, you just need to make sure it’s doing what you need it to. However, tapping into that account and deciphering the information — or lack thereof — can be hard.

There’s a robo-advisor for that. Blooom, an SEC-registered investment-advisory firm, will optimize and monitor your 401(k) for you.

A few of us Penny Hoarders use the service. It gives you an initial 401(k) checkup for free, and you’ll get to know your account a little more intimately. Find out if you’re paying too many hidden fees, have the appropriate amount invested in stocks versus bonds, that kind of fun stuff.

After that, the app is just $10 a month to continue to monitor your retirement account. Let Blooom know your target retirement age, and it can help you get there by investing more and less aggressively.

2. Use This Free Financial Assistant

 

Financial advisers are expensive, but they don’t have to be. In fact, you can get similar, helpful (and free) money advice from your phone.

Consider Trim, a bot that works through Facebook Messenger or your text messages.

Trim is basically a free financial assistant. (Yeah, this is the best friend you’ve been looking for.)

Once you’re connected, you’ll be able to access a dashboard within your Messenger or text conversation with Trim. For example, you’ll see options to:

  • Negotiate your Comcast (or other provider) bill down to a lower price.
  • View your spending habits.
  • Sift through your subscription services to cancel the ones you forgot about or don’t need (about that gym membership…).

Trim also shows your account balance and recent transactions. Want to know how much you spent at Starbucks last month so you can budget better? Just ask the bot. You’ll get an answer almost immediately — unlike your previous bestie, Jane, who never seems to have time for you anymore…

3. Start Investing (No, Not the Scary Kind)

Outside of your retirement plan, what are you doing to grow your money?

Investing in the stock market can be a smart way to make your money work for you — but it feels restricted to a few wealthy elite.

Stash is different. This app lets you start investing with as little as $5 and for just a $1 monthly fee (first month free).

Stash curates investments from professional fund managers and investors and lets you choose where to put your money. But it leaves out the complicated investment terms. You just choose from a set of simple portfolios reflecting your beliefs, interests and goals.

Plus, right now The Penny Hoarder is teaming up with Stash to match your first investment —  so you’ll get an extra $5 to get started!

To get your $5 match:

  • Enter your email here.
  • Download the Stash smartphone app and create your account with the same address.

That’s it! Within two days, the $5 bonus will hit your account.

4. Get Prescriptions Shipped to Your Door

Nothing is more frustrating than getting home from the grocery store and realizing you forgot to pick up your prescriptions.

You know, the ones that have been sitting there for two weeks.

Then you worry the pharmacy is going to put them back, so you have to make a special trip back to the store the next day.

To save you the trouble, some companies actually deliver prescriptions right to your door — and can save you money.

Try Phil, an online prescription refill service.

After you sign up, Phil contacts your pharmacy, doctor, your insurance company — whomever it needs to talk to — and handles the rest.

Each month, it’ll deliver your prescriptions to your doorstep. You’ll still have to pay for them, but delivery — and the time you’ll reclaim — is free.

You can even manage prescriptions for your entire family, a great benefit if you’re caring for aging parents.

Bonus: If you sign up here, you can get $30 off your first prescription.

5. Literally Get Paid to Lose Weight

Want to blow your New Year’s resolution out of the water — before the new year even starts?

We found something exciting that could help: HealthyWage will actually pay you for losing weight.

So you’re getting healthier and you could make more money. How’s that for motivation?

Here’s how it works:

  1. Start at the HealthyWage Prize Calculator.
  1. Define a goal weight and the amount of time you’ll give yourself to achieve it.
  1. Place a bet on yourself, ranging from $20 to $500 a month for the duration of the bet.
  1. Depending on how much you have to lose, how long you give yourself to do it and how much money you put on the table, the calculator will tell you how much you can win — up to $10,000!  You can play with the calculator until you get the prize and goal just right. You’ll know your payout amount before officially placing your bet.
  1. You’ll start and end your challenge with a video-recorded weigh-in to demonstrate your weight loss. Throughout the challenge, you’ll also log weekly weigh-ins, but not on video.

Teresa Suarez lost 68 pounds — and made over $2,400.

She bet $125 per month she would lose 60 pounds in six months. When that final weigh-in confirmed her success — she actually beat her goal weight by eight pounds — Suarez won $2,415.28.

To see how much money you could earn for the weight you’ll lose, plug your numbers into the calculator.

Breathe Easy

It’s well known: Money can’t buy happiness. But… also well-known in the personal-finance space? Not worrying about money really frees you up to go find happiness.

Try these simple steps to get your financial life in order this month, so you can enjoy the rest of your life without money nagging you at every turn.

Dana Sitar (dana@thepennyhoarder.com) is a senior writer/newsletter editor at The Penny Hoarder. Say hi and tell her a good joke on Twitter @danasitar.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Airbnb Could Make Your Childhood Dream Come True With Trip to Lego House

If you loved Legos as a kid, you’re going to flip out at this once-in-a-lifetime opportunity.

Airbnb is hosting a contest for a free night’s stay at the newly opened Lego House in Billund, Denmark.

One lucky winner and up to three guests will get the chance to enjoy the attraction all to themselves Nov. 24, guided by Lego master builder Jamie Berard.

The experience includes a private tour and the chance to direct your own Lego movie, design Lego cities and engineer robotic cars. You’ll learn about the history of Legos and see creations built by fans from all over the globe.

House rules dictate that play is mandatory. And this one-day vacay is interactive, so you’ll be doing a bit of creating yourself. For example, two robot waiters serve lunch only after you place the order by building what you want to eat out of Legos.

If you can’t find the exact brick you need, there’s a Lego molding machine in the lobby. Don’t go diving into the Lego pool for one!

At the end of the night, you’ll build the creation of your wildest dreams out of an endless supply of bricks. In fact, winning this contest hinges upon coming up with the most creative and unique response to the question: “If you and your family had an infinite supply of Lego bricks, what would you build?”

How to Win this Dream Trip

Airbnb is accepting submissions for this contest until Nov. 16 at 11:59 p.m. PST.

You must answer the question above in 50 to 550 characters, plus there are a few additional entry rules:

  • You must be 18 or older.
  • You must sign in with an Airbnb account.
  • You must be willing and able to travel to Denmark and arrive at the Lego house on Nov. 24. That means you’ll need a valid passport and visa. (The prize winnings include travel costs to and from Denmark.)

Who knows, maybe you’ll end up as the lucky winner who gets to sleep in a bed surrounded by 25 million Legos!

Nicole Dow is a staff writer at The Penny Hoarder. Now she sees the value in having a passport to use on a whim.

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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These Are the 10 States Where You’re Most Likely to Have a Side Hustle

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Millennials Fear Credit Card Debt More Than Death, War and Climate Change

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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The Easy, 13-Minute Plan That Penny Hoarders Use to Get Out of Debt

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Double Up on Sandwiches With This Fabulous Deal From Corner Bakery

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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The Android Apps You’re Looking For: 7 Ways to Make $$$ on Your Phone

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Experience a Power Outage Lately? This App Will Get You a Refund

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Personal Finance Doesn’t Have Enough Cats. This Book Aims to Change That

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Here’s How to Get Free Nachos and Cheese From Taco John’s This Monday

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Etsy, Fiverr and Others Team Up to Help Freelancers Sign up for Health Care

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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Walmart Will Help the Kiddos Figure Out What They Really Want From Santa

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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The Surprising Truth Our Trash Cans Revealed About 68% of the Food We Toss

This was originally published on The Penny Hoarder, one of the largest personal finance websites. We help millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. In 2016, Inc. 500 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S.



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How to Write Ecommerce Emails That Don’t Annoy the Crap out of Your Readers

Email marketing is an essential component of every business.

But it’s even more important for your ecommerce website.

Why?

It’s one of the best ways to communicate with your customers.

As an ecommerce business, you don’t have the luxury of seeing your customers face to face like you would if you were a brick-and-mortar company.

Sure, there are other ways you can communicate with your customers.

They can call your customer service department or reach out to you on social media.

But marketing experts agree that email is the most effective digital marketing tactic.

image1

With that said, your strategy is only as effective as your message.

If your previous campaigns aren’t getting much of a response, you might need some help writing your emails.

Luckily for you, I can coach you through that.

No more bad emails.

I’ll show you how to write an ecommerce email that won’t leave your readers shaking their heads.

Start with a goal

Before you do anything, you need to establish a clear objective for your message.

What do you want your reader to do once they receive the email?

If you can’t figure that out ahead of time, there’s no way the recipient will take the action you want them to take.

Here are some examples of goals you may want to consider:

  • launch a new product
  • promote a special event or sale
  • upsell on a previous purchase
  • send shopping cart abandonment messages

The list goes on and on, but this is a good place to start.

Make sure each message focuses on one goal.

Don’t overwhelm the reader.

If you give them too many options, they may get confused and end up doing nothing.

The message should have a clear call to action.

Here’s an example from Fab:

image5

This message has a clear and concise goal.

Fab is trying to get their subscribers to download their mobile application.

That’s it.

They aren’t offering a discount. There’s no special event.

The reader won’t be confused by this message.

Obviously, Fab wants to start promoting sales on their app.

That may be an undertone of the company’s overall marketing campaign.

However, the email doesn’t need to get into all that.

It’s short, sweet, and actionable.

A 2017 report on mobile usage found that 90% of mobile media time is spent on apps, which means Fab’s campaign is smart.

Ultimately, I’m sure they believe this will help increase conversions and revenue.

But for the time being, the message is strictly to drive downloads.

Start with a goal, and make sure your message represents that objective.

Your message needs to deliver value to the reader

Don’t just send an email because it’s been a week since your last message and you think it’s time to send another.

While sending a message once a week may be a viable strategy, each email needs to offer value to the subscriber.

If you’re not offering any value, the reader may consider your message as spam.

Here’s an example from Huckberry:

image11

This message encourages the subscribers to invite their friends to the Huckberry community.

Why would anyone do this?

Because their campaign adds value.

Huckberry is going to give away prizes to people who share this message with friends and family.

If the message just said “invite your friends” without offering an incentive, the subscriber wouldn’t see any value. The email would be useless.

Can you promote your product while providing value?

The answer is: it depends.

For example, DODOcase was able to hype their product before launching it by promoting it to potential customers. As a result, it sold $7 million worth of products within 90 days of their first product launch.

What else offers value to your customers?

Look again at our first example of Fab.

Even though they were promoting their mobile app, the message still provided value. It offered:

  • free shipping
  • free returns
  • best price match

We know that 87% of Americans say price is the most influential factor in their purchasing decisions.

And 80% are influenced by the cost of shipping and delivery speed.

Discounts influence 71% of American shoppers.

What do these three statistics have in common?

Value.

That’s what your customers want, so that’s what you need to give them.

Make sure your ecommerce email focuses on the value you’re offering.

Your subject line is important

What’s the first thing your subscribers see when they get an email from you?

The subject line.

Your subject line is one of the top reasons why people would open your message:

image2

You have to put just as much thought into your subject line as you put into the rest of the message.

If your subject line can’t hook the recipient, they will never see the content of your email.

Here are some guidelines for writing a subject line that will increase your open rates:

  • create urgency
  • use breaking news
  • tell a story
  • stimulate curiosity
  • personalize it
  • send an offer

Those of you who struggle with catchy, creative, or actionable subject lines can refer to these points for inspiration.

Look at how Eddie Bauer creates a sense of urgency with this email:

image4

It’s the last day to get 50% off your fleece purchase.

If the customer doesn’t act now, they will miss out on the deal.

Use this technique for your subject line.

  • Sale ends tonight
  • 48 hours left
  • Limited quantity remaining

You can use these phrases when creating a subject.

I also highly recommend using storytelling in your email subject line:

“Here’s how I did XYZ…”

Say something to that effect.

Stories engage the reader.

Creating engaging content is a top priority for marketers in 2017.

image12

Content marketing experts recognize the importance of stimulating the customer’s curiousity.

Accomplishing this in your subject line puts you on the right track to converting the reader with the rest of your message.

Focus on your call to action (CTA)

Earlier, I talked about the importance of establishing a clear goal for your campaign.

The CTA needs to mirror that objective.

Use words like:

  • Buy now
  • Save today
  • Claim your reward
  • Become a VIP member
  • Choose the style you want
  • Reserve your seat
  • Earn rewards
  • Click to reveal my coupon
  • Upgrade my service

Don’t overwhelm your customers with the CTA.

Pick one and go for it.

Use a button instead of a hyperlink.

Buttons can increase conversion rates by 28% compared to a hyperlink.

Check out this CTA button from De Beers Jewelers:

image8

It’s clear, unique, and creative.

It doesn’t just say something boring like, “Click here.”

You can use bright colors to draw attention to your CTA like Pizza Hut does:

image3

Green has nothing to do with the Pizza Hut logo or brand, but it makes for a perfect CTA button.

This message also adds value, addressing the topic disccused above.

Pizza Hut sends a coupon code with an expiration date to create a sense of urgency.

The campaign encourages their subscribers to order food online.

Utilize drip campaigns

Drip campaigns make sense for ecommerce companies.

They are also known as marketing automation, lifecycle emails, or autoresponders.

Focusing on automation can make your life a lot easier.

What’s a drip campaign?

A drip campaign is a series of emails that get delivered in a predetermined order to your subscribers.

This is a perfect opportunity for you to contact your customers.

Here’s an example.

Let’s say someone makes a purchase on your ecommerce platform.

The first message of your drip campaign can say something like, “Your order is confirmed.”

Try something similar to this template from Fitbit:

image6

The message assures the customer that their order has been placed.

You should always send a confirmation email to your customers.

People are cautious when they enter credit card information on the Internet.

Over the past 5 years, 46% of people in the United States have experienced credit card fraud.

If they don’t get a reassurance that their order went through safely, they could feel uneasy about your website.

Not everyone who orders from your site is an email subscriber.

But you should still ask for their email address to send them this information.

For those people, you can include a CTA button that encourages them to subscribe to your emails.

“Join our email list to receive 20% off your next purchase.”

The second and third phase of your drip campaign will be:

  • Order shipped
  • Order delivered

Again, both of these emails make sense to the recipient.

What will make your readers want to scratch their eyes out?

If they don’t know why they received a message.

Nobody will question this drip sequence.

Finally, you can send a fourth email in the drip campaign to follow up with the buyer.

Include a customer survey in the message to see if they are happy with their purchase.

Surveys help create loyal customers, increase retention rates, and grow profits.

image10

Using the drip campaign method allows you to email a customer four times for just one purchase.

All these messages will be informative and valuable to the recipient.

Don’t forget to send shopping cart abandonment emails

Similar to the last point, shopping cart abandonment messages make sense to the reader.

They won’t be asking, “Why did I get this message?”

The customer was shopping and was just a click or two away from finalizing the purchase until something stopped them.

A number of things could have caused this:

  • unexpected costs like taxes or shipping
  • they were just browsing
  • website crashed or slow loading time
  • didn’t feel comfortable submitting credit card information

These are just a few common responses.

But you still need to send the email to remind your customers to check out.

Sending this message will improve your conversion rate.

image7

You need to include this strategy into your email marketing arsenal.

It’s essential for ecommerce websites.

The message has a clear goal: to finalize the sale.

If you want to add value for the customer, send a promotional code to discount the order.

Embed a video in your message

If you’re worried your readers might be scratching their eyes out because of your current email campaign strategy, I’ve got a solution: mix things up.

Turn your readers into viewers.

Don’t make them read anything. Instead, send a video message.

Your customers want to watch videos.

Don’t believe me?

Well, the numbers don’t lie.

In fact, 43% of people want to see more videos from marketers.

If you’re launching a new product for your ecommerce site, send your subscribers an informative video message.

SproutVideo improved their click-through rate by 60% when they added videos to their email marketing campaign.

image9

Your ecommerce site can do the same thing.

It’s a great opportunity for you to do a product demonstration or a tutorial.

Conclusion

It’s great you’re utilizing email marketing campaigns for your ecommerce site.

This can’t change, but the content of your messages may need some improvement.

You don’t want your readers wondering why they received a message.

If you’re not adding value to the customer, they might unsubscribe, block you, or mark your message as spam.

How can you write a killer ecommerce email?

Start with your goal.

What’s the purpose of the message?

Once you define an objective, keep the message short and focused on that goal.

Emphasize your call to action.

Your CTA button should be big, bold, bright, and not boring.

Give the customer a reason to click.

Your subject line matters.

Customers won’t bother opening the message if the subject line is weak and doesn’t grab their attention.

If you’re unsure when to email your customers, set up a drip campaign that automatically sends updates after an order is placed.

Send out shopping cart abandonment emails to help improve your conversion rates.

Videos are a great way to turn readers into viewers.

Try to include videos and other interactive emails into your campaign.

Following these tips will help you keep your audience engaged instead of frustrated.

How will you alter the subject line of your next email to increase open rates?



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The Real Rewards of Frugality and Financial Independence

Whenever I meet someone face to face and they ask what I do, I tell them I’m a writer and that I mostly write about money from the perspective of the average person, looking at how normal people make ends meet and can get ahead in the world, maybe even achieving a nice retirement or even early retirement.

Most peoples’ eyes glaze over at that point (not necessarily out of boredom, but because it’s not a conversation you typically have in polite company), but some people follow up with a number of additional questions.

Inevitably, when that happens, they start digging into the “why.” Why would you give up the pleasures of life to just have some money when you’re old? What’s the point of all of that?

Here are my rewards for being frugal and having a mindset of pushing myself toward financial independence, as I see them.

When the weather is nice, I want to be able to have the freedom to just walk out the door, get on my bike, and go for a long bike ride. I want to be able to ride all the way over to Ledges, wander around on the trails all day, and bike back home, without a constant worry about skipping work or missing deadlines falling on my head.

I want to go to a restaurant and have it feel like a genuinely special occasion, not just the ordinary way I get food. When I go to a restaurant all the time for meals, it begins to seem ordinary, and in order for it to feel like a special occasion, I have to keep chasing more and more and more expensive experiences.

When I decide to shop for something expensive, I don’t want to feel artificially hemmed in by the prices. While I’m price-conscious, I want to be able to make my purchasing decision based on the true value of the car and how long it will last and how much value it will provide for me, not whether or not I can afford that car payment right now.

I want to not be worried about money. I want to not be scared that my credit card will be declined if I go out with a friend. I want to feel like I have money I can spend if I want, within reason, and not worry about it in the least.

I want to never, ever again have a fight with my wife about money issues.

I want to be able to throw myself wholeheartedly into an interesting opportunity when it comes along, not in the margins of my life where I’m just robbing time from proper rest, but in the prime hours of my day.

I want to have adequate time to read deeply from books and long, well written essays each and every day, not when windows of opportunity allow it.

I want to be able to give my kids meaningful opportunities right now, at this stage in their life, but I understand that meaningful opportunities don’t just mean throwing money at expensive experiences. It means spending time with them.

I want to be able to take my children to a park and spend hours playing soccer with them and helping them get better, as long as the experience is enjoyable. I want to practice taekwondo forms together in the back yard. I want to have meaningful conversations with them about what it means to grow up and become a responsible, independent adult who puts more into the world than he or she takes out of it – and do that by example, not just by telling them that’s what they should do.

I want to do all those things without being worried about work, about money, about getting a phone call, about anything other than being focused on the moment with them.

I want to never be an absent father, not even for a moment. I don’t want to be an absent father while they progress through childhood. I don’t want to be an absent father while they progress through their difficult teen years. I don’t want to be an absent father when they’re an adult, either.

I want to never, ever be a financial burden to my kids when I’m old and they’re in the sandwich generation.

I want to never, ever feel like the demands for money in my life are so strong that I’m forced to give up basic self-care for them. If I make the poor choice to not exercise or to not eat perfectly healthy, it’s a choice I make for reasons other than a need to please a boss or a need for money in the moment.

I want to do things like that now, without having to “make up for it” later or putting my family at risk.

I already have some of these things. I want to shore those up, and I want the rest of them, too.

To achieve all of those things, and many more, I have to spend less than I earn – and often significantly less than I earn. That’s a tradeoff that I’ve learned that I’m more than willing to make.

It means that we only have one television in our house, one with a pretty noticeable flaw on the screen.

It means that I primarily drive a sixteen year old SUV with a bit of rust on it, one that will have to be replaced at some point, but not quite yet.

It means that I don’t stop at a coffee shop each and every day, even though it’d probably be tasty. I get my coffee fix by making cold brew.

It means that I buy mostly store brand items when I go to the grocery store, and I even make some items like homemade laundry soap.

It means that I think about little details sometimes, things like what sock purchase will keep my feet warm for the next five years for the lowest price because it might save me $50 gradually over that timeframe.

It means that we don’t have a Nintendo Switch, even though several of my friends do and my children are clamoring for one, and we’re not getting one for Christmas, either. It’s not as if we’re lacking for sources of entertainment at home.

It means that I visit the library all the time for new books to read, rather than visiting the bookstore.

Every single one of those sacrifices is a tiny one. It’s something that I barely notice in the big scheme of things.

None of them prevent me from kissing my wife or holding her close.

None of them prevent me from telling a joke at the dinner table and watching everyone pause for five seconds before they get the punch line.

None of them prevent me from enjoying a slice of homemade toast with a little butter on it and a cup of coffee for breakfast.

None of those sacrifices kill any of the real pleasures and joys in my life, big or small.

What those little sacrifices add up to, though, is something enormous. Something life changing. Something I never again want to do without.

It adds up to a ton of freedom. It adds up to internal peace and low stress and great relationships and a future that doesn’t involve working until my body or mind break down.

The greatest mistake I’ve ever made in my life was not making that tradeoff from the very first day I went to work after college at my first “real” job, because even though I started late, the choice to sacrifice a little to gain a lot is, quite simply, the smartest move I’ve ever made outside of marrying my wife and having these three great children.

That’s why I’m frugal. That’s why I push toward financial independence. And that’s why I hope that you do, too. Good luck, my friends.

The post The Real Rewards of Frugality and Financial Independence appeared first on The Simple Dollar.



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