You may have heard of “The Pareto principle” also known as the 80-20 rule It suggests the law of the vital few, and the principle factor of sparsity stating that, for many events, roughly 80% of the effects come from 20% of the causes. An Italian economist Vilfredo Pareto created a mathematical formula describing the …
(Part -Two) On the previous post, we talked about how to avoid student and college debts, but also realize that it might not be possible for everyone to go through school and graduate without some form of debt obligation. This post is a part two series of student loans. If you have taken or are …
(Part – One) Investing in your education is vital for your survival, although there people who have made it in life without a formal education (we will talk about rich vs wealthy another day). Even without statistics, it is unmistakable that one of the things that drive people into the road of debt in the …
One great ways of saving money that we have adopted is ‘freezing’ grocery spending except for daily consumables like milk and bread. We do this by cleaning out our pantry once in a while. This has proven to more fun than we though as we have to be more creative in making healthy foods with the only the stuff in the pantry. When we have done this successfully, we have saved up 75% of our grocery shopping money, and we put that into paying some debt.
