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Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education. Connect with Tim on Google+

Financial Tips for Newlyweds

Newly Weds: 5 Reasons You Need a Financial Planner in the Early Years

Money Management / By

Getting married is a joyous occasion, but it also comes with an assortment of questions. One of the biggest is how to handle your money. While you likely previously handled all your finances yourself, now you have to take your spouse into consideration. You don’t need their approval for every penny you spend, but you will need to consult them for larger decisions. Here are some reasons why a financial planner can help out in the early years of marriage.

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Home Automation

How to Save Money on Utilities Comfortably

Home Improvement / By

When money is tight, finding ways to cut back on expenses is important. For many people, one expense that could be reduced are the utility bills. When it comes to cutting back on utility bills, many people are concerned that they will also have to sacrifice their personal comfort to save money. Fortunately, there are several ways that you can cut back on utility costs without having to be uncomfortable in the process.

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Saving Water

Are Your Bathroom Habits Costing You? 4 Tricks to Save Water and Keep Bills Low

Energy / By

You would be surprised at how much water your family uses every day. Did you know that the average American uses 100 gallons of water a day? And a good portion of that is just from your bathroom habits alone. The good news is that there are several ways to save water without sacrificing your bathroom habits. If you have public water and sewer (as compared to a well and septic) you may actually paying for that water twice, once when it comes in to your house and once when it goes out. But sewer water isn’t metered so even if you water your lawn with it, you may be paying sewage fees for that water. Plus if you use hot water you pay again to heat it. But you can start lowering your water bills by keeping the following tricks in mind.

Are Your Bathroom Habits Costing You? 4 Tricks to Save Water and Keep Bills Low Read More »

Investing 101: 4 Tricks for Building Your Portfolio

Investing / By

If you are starting to make an income, no matter how young you are, it is never too early to get started with investing. In fact, it is a good idea for parents to start kids off investing so that they have the concepts down well before they even get into the workforce. But, if your parents were not that forward thinking, here are four tricks that will help you get your investment portfolio under way.

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Cranky Car? A Short Guide to Simple DIY Auto Repairs

Car / By

Taking your car to the shop is expensive. When you’re on a budget, car problems can be more than just a major annoyance. They can totally wreck your budget unless you’ve included an emergency fund. 

Typically shops charge you twice the cost of parts for the labor to install them. So if the parts are listed as costing $100 they will charge you another $200 to install them.

To make matters worse, shops generally get a discount on the cost of the parts and then mark them up to more than they would have cost you if you paid retail. So those $100 parts may have only cost them $60 at wholesale, and you could have bought them retail for $75. But if you’re willing to put in some work, you could save money by handling those repairs yourself.

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Renovation/Redecorating on a Budget Pt. 2

Home Improvement / By

As we said last time, redecorating and renovating your home is always interesting and exciting, but you’re not always in a position to make all of your wishes come true. That’s why planning ahead and being ready to compromise and navigate between your desires and reality is a must, and if you don’t have that much money, you simply have to find ways to work on a budget. Luckily, there are lots of frugal ideas everywhere you look and you can make wonders even on the tightest of budgets, so here are a couple of ideas you definitely shouldn’t avoid when decorating your personal space.

Renovation/Redecorating on a Budget Pt. 2 Read More »

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