My Favorite Products
Favorite Reads for the Physician Family:
The first book, The Millionaire Next Door, changed my view of who is rich and how they attained their wealth. The sequel, The Next Millionaire Next Door, expands on the first book. I love how its observations and opinions are backed by numerical evidence. It's a must read for ALL.
www.whitecoatinvestor.com - Every physician family should follow this blog. There's a wealth of practical advice here that you should consider. Ultimately you need to do your own research, think for yourself, and decide what will work best for your unique situation.
This book will give you a different outlook on money and investing. It's too bad this book isn't a part of high school Economics' curriculum around the United States - it should be a required read for all.
Go to the "seven baby steps plan" on Dave's website. I like the road-map Dave has set for annihilating debt, however I think the whitecoatinvestor does a better job when it comes to how and where to invest your money.
Ditch the Starbucks habit. I'm not saying never go get a cup of joe at Starbucks. I am however suggesting Starbucks has a huge potential to burn a hole in your wallet without you recognizing it. The better alternative is to invest in a quality espresso maker and make your own drinks right at home. My husband, true to his character, spent hours researching quality espresso machines that made the most sense money-conscientious family. The result was the purchase of a Breville the Barista Express Espresso Machine, BES870XL. I cannot rave enough over this espresso machine. It's everything we hoped it would be and then some. We enjoy making our own cafe americanos, lattes, & mochas with ease. We use the Lavazza Super Crema Whole Bean Coffee Blend. I frequently pick up different drink syrups from the grocery story: caramel, mocha, ginger bread, pumpkin, brown sugar cinnamon. Not only do we enjoy fine coffee, but we do so daily for a fraction of the price of a few drinks from Starbucks each week. If you like your coffee to stay hot, buy a Yeti or a knockoff. Even with the additional price of a Yeti or two, you are still saving bucket loads of money when you steer away from the Starbucks habit.
Dunn Family Coffee Bar - where the magic begins.
I have saved big money by buying food, furniture, appliances, and clothes with discounted gift cards I purchased at Raise.com. You can buy discounted gift cards to Starbucks, Olive Garden, Home Depot, and ESSENTIALLY to all places you can think of that offer a gift card. You can ALSO sell gift cards you have that you no longer use. Click on my link here and you will get $5 off your first purchase on a discounted gift card. It's ESSENTIALLY buying cash for less cash, hence the name "Raise." It makes your hard earned money go further. They often e-mail their customers promo codes to get you an even better bottom line on purchased gift cards.
There are times when it makes sense to buy help over doing "all the things" by yourself. Your time is valuable! That's why I recommend investing in an iRobot Roomba, a circular robotic vacuum that will change your life! Not only will it keep your floors dirt-free without your presence required, but it will encourage your kids to not leave their toys on the floor. The best part is you can program it to run daily when you are out and about. I've owned my Roomba for eight years now. It has been a wise investment!
This is one product my husband and I love! It easily pays for itself. You simply attach the air compressor to your tire, type in how full you want your tire, and the machine does the rest. It even plugs into your car outlet so you can air up on the go. When you drive around town with your tires semi-aired up, you burn unnecessary gas - this burns a hole in your pocket. GAS IS EXPENSIVE! Don't leave money on the table that is already there. Maximize your vehicle's mileage by always having your tires at their maximum capability. This tool makes it extremely easy! It also makes a fantastic Christmas or birthday gift.
I am the type who goes the environmentally friendly route when possible. I also don't like wasting my family's hard earned cash. For these two reasons I am obsessed with dryer balls! They replace dryer sheets completely, shorten drying time for your laundry (saving you more money), and they last for over a thousand loads. They are definitely worth giving a try!
America has a trash problem. We all need to do our part at home in order to contribute to reducing waste. This includes recycling, but it also includes eliminating needless trash at our land fills such as banana peels, potato skins, apple cores, grass clippings, fall leaves, egg shells, shredded paper, etc. I'm talking about COMPOSTING. It doesn't have to be a difficult task nor does it need to attract rodents and pests. That's why I recommend composting in a closed, turn-able, composting barrel in your backyard. You put your barrel in a sunny spot. You throw your kitchen scraps in the barrel (green matter) along with shredded paper, dried leaves, or dried grass clippings(all brown matter), keep it moderately damp, and turn the barrel once a week. What do you get when you do this? Amazing humus for your soil. That's right! You don't have to buy fertilizer from your local home improvement store. You can make a fertilizer that is of a superior quality from your very own kitchen scraps and yard waste. And at the same time you eliminate needless waste in our landfills. It's a great way to practice stewardship and it saves you money in the long run on fertilizer for your yard and garden. If you have never composted before, there is no time like the present to start!