Earn More, Spend Less: Volume 3

Michael Lux Blog, Earn More, Spend Less 5 Comments

I had a very interesting conversation with the cable company this week.  My one year introductory rate on internet ended and the price of service went up from $29.99 to over $70.00!!  I figured this was absurd and called with the intent to cancel my service.  I was fully prepared to switch to a different provider if they couldn’t lower my rate.  When I spoke with the customer retention specialist, I was asked if I would be willing to pay $36 a month for my internet.  That sounded great to me.  There was just one catch… the $36 dollars a month includes cable!  As someone who has written about the virtues of getting rid of cable, it seemed weird to think about getting cable again.

But my choice was simple… pay over $70 a month for just internet or get internet and cable for $36.  I don’t understand the business plan that creates this absurdity, but I’m a happy customer for now.

Thanks to everyone who submitted articles for this week’s Earn More, Spend Less.  As usual, I’ve reviewed each article and rate it according to the following scale:

5 Stars – Amazing Writing!  This rating will be reserved for the articles that are truly impressive and an absolute must read.

4 Stars – Great Insight.  If someone offers an idea or analysis that is truly helpful and worth passing on it will get four stars.  Entertainment value and creativity can push a 3 start article up to the 4 star range.

3 Stars – Good Stuff.  These articles may not be particularly ground breaking, but they have solid information and may cover a subject of some value.

0, 1, or 2 Stars – The Rest.  I’m not going to waste your time with this stuff.  If I don’t think an article will help you earn more money or spend less, I will not put it here.

If you have written an article that will help people earn more money or spend less, submit it here.  Thanks again to all of our contributors!


Pauline @ Making Money Your Way writes How I made $1,000s thanks to my mum – I explain how I made $1,000s thanks to my mum referring some work over to me, and how you should use your network to make more money

The Student Loan Sherpa Review  Do you want to make a few extra bucks here and there?  Look no further than your friends and family… starting with your mom!  4 STARS

Buck @ Buck Inspire writes Stay At Home Mom: Toughest Job Around? – For the next week and a half, yours truly will be tested, physically, mentally, and emotionally. Mrs. Buck is headed for a business trip so I’ll be left holding down the fort and more importantly taking care of Baby Buck all on my own.

The Student Loan Sherpa Review  Buck writes a great article about his respect for the stay at home mom.  I’m not sure what this has to do with earning more money (though stay at home parents certainly deserve a raise) but I’m a sucker for this article because my mom made the same sacrifices when I was growing up.  4 STARS

Holly @ Club Thrifty writes 5 Job Seeking Tips for Job Searchers – Having trouble with your job search? Check out these 5 job seeking tips to help you get your foot in the door and land the job of your dreams!

The Student Loan Sherpa Review  The best way to earn more money is to get a better job.  Holly has 5 great tips that will get you well on your way.  3.5 STARS

Jack @ Money Saving Ethics writes What exactly is Compound Interest? – Want to know just how fantastic compound interest is? Albert Einstein called compound interest “the greatest mathematical discovery of all time.”

The Student Loan Sherpa Review  Talking about compound interest is boring, but it is essential.  If you don’t have your mind wrapped around this concept, this is an important read.  3.5 STARS

Amy @ Money Mishaps writes Why Diversification of your Portfolio is so Important – One of the basic investment tools that you will be using as a new investor is your portfolio. And diversifying your portfolio is one of the most important things to do with that portfolio is diversify it!

The Student Loan Sherpa Review  The need for a diversified portfolio is pretty cliche at this point… and for a good reason.  Read this article to learn why your retirement account should be diversified.  3 STARS

Robert @ Entrepreneurship Life writes How to Balance Work and Life as an Entrepreneur – As an entrepreneur, it can be difficult to separate life from work. Your work follows you wherever you go, especially with smartphones, tablets, and lightweight laptops. It can be quite easy to work every hour of the day you aren’t sleeping, which leaves no time to spend with family, friends, or alone. While working is important to make a living, it shouldn’t take over your life.

The Student Loan Sherpa Review  Figuring out how to balance your work life with your personal life can be tricky… Robert has some good advice when it comes to dealing with this difficult issue.  3 STARS

Mr FD @ Financial Debauchery writes My Top 5 Small Investment Ideas – Are there any small investment ideas that actually work? Of course there are! And here are my top five suggestions for you to try right now.

The Student Loan Sherpa Review  Good idea: Starting a business.  Bad idea: investing your future in an email from a Nigerian Prince.  Mr. FD has some great no nonsense advice in this article.  3.5 STARS

John S @ Frugal Rules writes When it Comes to Investing, Be the One Who Dives in Head First – Many allow fear to hold them back when it comes to investing in the stock market. However, if you give yourself some practical lessons you can put yourself in better standing to build a retirement portfolio and begin to grow your wealth.

The Student Loan Sherpa Review  Thinking about investing in the stock market?  For many it seems overwhelming… perhaps you are thinking you need to learn a bit more first.  This is a great article about the advantages of learning by doing.  4 STARS

Pauline @ Make Money Your Way writes Make Money in Eye Care – This post will show you a few of the ways eye care can be profitable.

The Student Loan Sherpa Review  This article is very interesting for two reasons.  First, it covers the MANY different ways there are to make money in eye care.  Second, it is crazy to think about how one field has so many different ways to make money.  Imagine all the possibilities that are out there!  4 STARS


Danielle @ Saving Without a Budget writes Saving Without A Budget – What exactly does searching for a mortgage rate entail, how is it done and how do you know when you have found the best rates?

The Student Loan Sherpa Review This is a neat article with some first hand experience on how to find the best mortgage.  3 STARS

Grayson @ Debt Roundup writes Why Do We Fall For Ponzi Schemes? – My idea for this is to try and figure out why we, as humans, fall for Ponzi schemes. I have a ton of questions and can only think of a few things that can explain why people jump into such schemes.

The Student Loan Sherpa Review Being the victim of a Ponzie scheme is pretty much the worst case scenario for most investors.  Why is it that so many people fall for them?  3.5 STARS

Carmen @ Gajizmo writes What Car Can I Afford? – We want to prevent you from becoming the guy who drives around in a Benz, BMW or Escalade and then pulls up to a rent-controlled apartment. While that happens more often than you think all over the United States, it is critical that families not spend more than they can afford on a car. So, how do you determine how much car you can afford? Read our comprehensive guide to learn multiple strategies and considerations.

The Student Loan Sherpa Review This is a great discussion on the many things that you need to think about before you buy a car.  Spending to much on a car you cant afford can be a nightmare.  4 STARS

Michelle @ Making Sense of Cents writes Frugal and Free Things to Do – I’ve never been a super outdoorsy person, until recently. Having fun does not automatically have to mean spending a lot of money. And sadly enough, this is something that I have just recently come to terms with.

The Student Loan Sherpa Review The joys of being outside!  So much nature is their for cheap or for free.  Michelle has some great tips on how to enjoy it.  4 STARS

Usiere @ Financial Freedom Inspiration @ Financial Freedom Inspiration writes The Long Tail of Savings – I am been reading a very interesting book – “The Long Tail” by Chris Anderson touted as the most important business book since ‘The Tipping Point’ by Malcolm Gladwell. In the Long tail, Chris explains with statistical data how big companies like Google, Amazon, EBay, Rhapsody, Netflix etc make more money from the aggregate of small sellers than its bestsellers or hits combined.

The Student Loan Sherpa Review Usiere takes an important economic analysis of major corporations and makes a great observation that applies to nearly everyone.  This is a short but very cool read.  4 STARS

Monica @ Monica on Money writes 50 Ways To Become Debt Free – I am always looking for ways to reach my goal of financial independence. Here is what I did to become debt free.

The Student Loan Sherpa Review Monica has a great collect of ways to keep money in your pocket.  Some may be old news but everyone is bound to learn something new in this great article.  4 STARS

Marissa @ Finance Triggers writes How to Lower Your Car Insurance Fees – Car insurance falls under the category of items that no one particularly enjoys paying for. The fact of the matter is that it is absolutely necessary, and if you find yourself without adequate insurance, you will end up regretting it.

The Student Loan Sherpa Review Buying car insurance sucks.  Marissa has some tips so that it sucks a few dollars less each month.  3 STARS

Little House @ Little House in the Valley writes Simple Money Tips – I’ve come up with a simple list of money tips that are easy to do today.

The Student Loan Sherpa Review This is a neat little collection of simple things that we can all do to spend a little less money.  A quick and worthwhile read.  3.5 STARS

PK @ Don’t Quit Your Day Job… writes An Ideal Savings Rate Calculator for Financial Independence and Retirement Planning – Earn more, spend less – what’s the impact? Using my calculator you can now know! Enter a few variables and I’ll calculate an expected retirement or financial independence date!

The Student Loan Sherpa Review PK has a very nifty calculator so that you can see the differences various financial decisions could have on your retirement.  3.5 STARS