Modern Frugality
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Perlu Network score measures the extent of a member’s network on Perlu based on their connections, Packs, and Collab activity.
Minimalism is asking why before you buy.” Stop buying things you don’t need or wo Reduce the complexity of life by eliminating the needless wants of life, and the labors of life reduce themselves. Reduce the complexity of life by eliminating the needless wants of life, and the labors of life reduce themselves. When you have a lot of things you don’t use, it is just more things you have to clean and more money wasted on things you don’t use.
Liquid net worth is the total value of your liquid assets minus your total liabilities. So it’s a non-liquid asset until retirement age, at which time it becomes a liquid asset. So if you have 5k in your savings account and 5k in a money market fund, both of these items would be liquid assets because you could go to your bank and immediately withdraw your money and have the 10k in cash. Now if we were calculating liquid net worth, the total would be different because the liquid net worth only includes liquid assets.
If we’re being honest, I wouldn’t buy jewelry or electronics from a shop that didn’t specialize in them. If you have some things lying around the house you no longer use, you can sell them to the pawn shop to lower the out-of-pocket cost of your ring. If you’re going to a pawn shop that specializes in jewelry and you’re selling other things, you can sell them to another pawn shop or even on Facebook Marketplace or Craigslist. When we got my ring the pawn shop included tax in the $800 if we paid with cash
In fact, I recommend keeping both an emergency fund and any sinking funds for big purchases in a high-yield savings account completely separate from regular checking and savings accounts. The name probably gives it away a bit, but a high yield savings account is a type of savings account that has a higher annual percentage yield (APY) than your standard savings account offer. On the flip side, my high yield savings account is with a totally different bank (I use and recommend Axos, but more on that below). When to Sign Up for a High-Yield Savings Account Wondering when the perfect time to sign up for a high yield savings account is?