Hope for your financial life and beyond

Bugs Bunny’s Quest to Beat Cecil Turtle Cost Him Dearly

Hidden Nuggets Series #43 - “A faithful man will abound with blessings, but he who hastens to be rich will not go unpunished.” - Proverbs 28:20

Cecil Tutle and Bugs Bunny at race start lineOver a six-year period between 1941 and 1947, Bugs Bunny and Cecil Turtle engaged one another in three epic racing duels. Bugs was steamed upon learning the story of The Tortoise and the Hare in Aesop’s Fables. He set out to debunk the legend that a slow turtle could ever beat a speedy rabbit.

In their initial race, Cecil employs the help of his eight look-alike relatives/friends to serve as doubles. He positions them along the race path to confuse Bugs. Of course, one is waiting just past the finish line claiming victory when Bugs arrives.

In the 1943 rematch, Bugs builds an aerodynamic turtle shell that slips over his body. Cecil counters by wearing a rabbit suit. The not-so-bright Bunny Mob, who has placed all its bets on the rabbit, confuses Bugs for the turtle and prevents him from winning the race.

Four years later, Bugs gets one final shot. In classic Looney Tunes style this race would end with a dramatic twist.

[Read more...]

Simple and Fun Ways Landlords Can Treat Their Tenants Well

Dog staring at a sign that says Dogs WelcomeThe primary objective for owning rental real estate is to make money. Landlords can facilitate meeting this objective by running their property like a business and treating their tenants well. A happy tenant is one more likely to stick around for the long term.

There are many money related issues with being a landlord. The most expensive and time consuming period, other than the initial purchase and renovation, is the turnaround phase after a tenant leaves. Repairs, cleaning, advertising, interviews, and background checks all need to be accomplished before a new tenant can move in. The fewer number of times a landlord devotes to those tasks the better.

With that in mind, here are some things I’m doing to help my tenants enjoy their stay.

Response Times

[Read more...]

Why I’m So Excited to Spend Money Again on Cable TV

The words Cable TV showing on a flatscreen television set

Cable TV is back!

I revealed last week in “The Fear of Spending Once the Debt Is Gone” that my wife and I haven’t begun to wildly spend now that we have paid off all of our debt. It was a relief to know the discipline that drove us to pay off our mortgage early has continued to define our post-debt lives. We have no inclination to spend, spend, spend now that more money is available in our monthly budget.

In all honestly though, we have loosened the reins on our spending a little bit.

We’ve brought back cable television!

What? That’s blasphemy in the frugally-minded personal finance world. Cutting the cable bill is always the first expenditure to go in those “10 Ways to Save Money and Pay Off Debt” posts. I’ve surely even said that before myself.

If it’s the first thing to cut, why can’t it be the first thing to bring back? Seems logical to me.

Needless to say everyone in the house is thrilled with this decision.

Short Term Sacrifice For Long Term Gain

[Read more...]