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Thursday, March 18, 2010

My Story

Our money story started in 1977 when my husband and I were married after we both graduated from college.  Today we are still married—over 32 years—Thank You very much– and we have 2 fabulous grown children that have both graduated from college absolutely debt free.

We have lived all over North America and now live in beautiful North Carolina!

When we were married in 1977, we were broke.  Between us, we had $500 TOTAL, which we promptly spent on a used car.  Then we had NO money. We knew one thing for sure—we didn’t want to be broke forever.

Because of our financial journey,  now I am PASSIONATE about frugal living and how it can help you attain both financial wealth and personal freedom!

We noticed that there were many people in the world that were far richer than where we had come from—and we wanted to be like THAT!  We both have degrees in Business, so we decided to meticulously study what those financially independent people had done and we followed in their footsteps.

We now know it is rare for people to get rich quickly, but anyone willing to work hard and save can build wealth and get rich slowly!

Our plan was to save and invest EVERY penny we could to make us more money- so we didn’t have to work so hard!  Our first goal was to buy a duplex after one year of marriage so we didn’t have to rent more than one year.  We planned to live in half of the duplex and rent out the other half so the tenants could help pay the mortgage.

Would it shock you to know we beat our ambitious goal that year by saving over 50% of our income and buying that first property–all by being frugal while still having fun?

After accomplishing that first ambitious goal–we were hooked on how frugal living could help us build wealth & we have practiced it ever since!

The best part of being frugal was it allowed me to be a stay at home mom while our 2 kids were growing up and we lived on one salary very comfortably, while continuing to save and invest.

On Frugal to Rich, I share stories about eliminating debt, being frugal, saving money and investing in appreciating assets.

You will also learn how to maximize the value of real estate as I share the same frugal ideas that led me to be featured on a national TV Show and eventually led to a career as a Powerseller selling on eBay and the Internet.

You will learn all the tips and tricks we perfected over the years that have allowed us to live Rich while being Frugal!

I continue to sell on eBay and other Internet sites, as well as now being one of the highest ranked eBay trained Education Specialists in the United States.  I teach others how to sell on eBay and make money online like I did! You will learn WHAT to sell and HOW to sell to be successful on eBay and other Internet websites so you can  start making money online!

My boss at the University where I teach classes, was so intrigued by my Frugal to Rich story, she asked me to teach a course she named “Frugal University”.  You will get that same great information here on this blog!

Money is POWER because having money gives you OPTIONS.  Just ask anyone that has NO money how many choices THEY have!

The added benefit of learning about personal finance and frugality is that it takes LESS money to live on—so you can live really well on less. You don’t have to work so hard!

That’s what we did THEN and we continue to do NOW.

Throughout this blog, I will teach YOU how to go from Frugal to Rich!

Opinions expressed here are not to be construed as financial advice.

Please consult a professional for specific guidance.