I recently returned from a nice vacation in Mexico. This was my first time in Mexico. For those of you who are planning to travel internationally, there is a good chance you will encounter various street vendors during your travel. These vendors will sell anything from jewelry to massages to potential gifts for the important people in your life. In highly touristy areas, vendors will often come up to you with the goal of starting a sales process. It is important to negotiate down prices so you don’t overpay for everything on your trip. This will save you lots of money. Below are 6 techniques I use to save money when haggling while abroad.
#1 Understand you are not obligated to buy anything
Continue reading 6 Ways To Save Money When Traveling Abroad
Warren Buffett is arguably the greatest investor of all time. One thing that separates Warren Buffet from others is his down to earth approach in life, investing, and business. He is full of great quotes that can relate to millennials. Below are 8 quotes by Warren Buffett that millennials should know and follow.
# 1 “Never ask a barber if you need a haircut.”
This might be my favorite Warren Buffett quote of all time. In this situation the barber will always say yes. Even if you just got a haircut 3 days ago. The barber only makes money when people get their haircut. It’s important to take what professionals say with a grain of salt in order to better understand how they are compensated, and how much that is effecting what they are saying. Continue reading 8 Things From Warren Buffett Young People Should Know
No matter how much you cut expenses, there is a 99.9999% chance millennials will have a cell phone. And there is a very good chance you are paying a premium for your cell phone coverage. Verizon, T-Mobile, Sprint, and all the other big companies charge people crazy amounts of money despite their advertisements on how great they are.
An example of this, my girlfriend (prior to dating me) was paying $107.42 a month for her cell phone. She received unlimited texts, calls, and internet (up to 3gb at full speed). This also included a $25 a month charge for her phone. Essentially she was paying $82.42 a month for her phone coverage. Nearly $3 a day! Continue reading You’re probably overpaying for your cell phone