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The Savvy Scot

Personal finance and lifestyle blog

Is Living in the Country the Right Financial Move for You?

By savvyscot

One of the best reasons to live in the country is you’re not as directly pressured to ‘keep up with the Joneses.

I grew up on a farm in a very rural location. We had livestock, farmland and our closest neighbor was barely within walking distance. What a change from the city life that most people experience in the 21st century.   After graduating high school, I moved to a city to go to college. I later… Read more

Filed Under: Personal Finance, Saving Money Tagged With: lifestyle, Saving Money

How to Get Your Car to 500,000 Kilometers

By savvyscot

How to Get Your Car to 500,000 Kilometers

The last car I owned had nearly 500k KM when I stopped driving it. The only reason I’m not still driving it is because I was side swiped while passing through an intersection. And actually, the car still ran fine. But the insurance paid a lot more than the car was worth so I let… Read more

Filed Under: Transport Tagged With: car, tips

When Is Enough (Spending) Enough?

By savvyscot

In the article, he discussed what it was like to be that rich. It’s interest to read about people like this. Because I feel most millionaires are wealthy. They don’t have much to be gained by telling their story so they just keep quiet.

I recently read an article about someone who became a decamillionaire overnight. Now, of course he worked for years to get to that point. But he didn’t make much money at all. Then, another company bought his project – for over $10,000,000 (£6,957,804.40). He went from being near the poverty line to being very rich…. Read more

Filed Under: Personal Finance, Saving Money Tagged With: spending

How to be Successful in Whatever you Do

By savvyscot

However not inspired enough to think that you are capable of ever reaching or exceeding their level of success. In fact, although you've listened to their challenges from them personally, your focus becomes their success and riches NOW!

  Maybe you’ve heard the success stories of Steve Jobs, Warren Buffet, and Oprah Winfrey.  You listen as they describe some unimaginable challenges and become inspired by journey.  However not inspired enough to think that you are capable of ever reaching or exceeding their level of success. In fact, although you’ve listened to their challenges… Read more

Filed Under: Personal Finance, Self Development Tagged With: Successful

How to Construct a Frugal Meal

By savvyscot

And yes, the food is delicious. I find frugal meals to actually be more delicious than expensive meals.

Groceries are a major expensive, no matter who you are. It’s something we must constantly be dealing with. I remember when I was in uni. On most days, I would earn $0. I remember thinking that I was going into the red on each one of those days. That’s true because no matter what, I… Read more

Filed Under: Food Tagged With: frugal meals, meals

Why Airbnb’s Are Better Than Hotels

By savvyscot

Let’s get started counting the many reasons you should choose Airbnb next time you leave home.

This is a money blog so I’m sure you think I’m going to be raving about the savings. You’re correct! It is dramatically cheaper to go with an Airbnb than a hotel. It’s not uncommon to find a private bedroom at an Airbnb to be one-fifth of what a hotel charges. Furthermore, you get so… Read more

Filed Under: Personal Finance, Saving Money Tagged With: airbnb, Saving Money, tips

How Minimalists Manage to Get by on so Little (Whilst Saving Thousands!)

By savvyscot

I’ve been a minimalist most of my life. This is what I can tell you about how to live on less, so should you choose this lifestyle (and yes - it is a lifestyle). Let’s start at home.

Minimalism is being quite popular with millennials. Maybe it’s because the word minimalism and millennial are so similar. I digress.   There are many misconceptions about how to live like a minimalist. Many people believe minimalists live a life of depravity. However, modern day minimalists don’t live like Gandhi. In fact, they have anything they… Read more

Filed Under: Personal Finance, Saving Money Tagged With: minimalists, saving

A Practical Guide to Hiring People on Fiverr

By savvyscot

What service do you want done? Fiverr freelancers offer everything from voicemail greetings to short video production to just general virtual assistant work.

I’ve been using Fiverr for a few years now. If you don’t know, Fiverr is a service where freelancers offer their services for $5 (plus .50 for some BS service fee or something that Fiverr gets). Now, $5 or £3.52 isn’t much money. But don’t let that put you off from the site. Let me… Read more

Filed Under: Money Making Tagged With: fiverr, hire people

The Perils of an All Cash Budget

By savvyscot

Digital currency is better in every respect. In fact, physical currency will become a thing of the past soon. Denmark, Norway, Sweden all plan to go to a cashless society. Many other countries, no doubt, will follow suit.

A popular trend over the past decade has been to spit in the face of digital currently and use paper money instead. Why? Many people believe that paper money keeps you from overspending. You only have a set amount. Once you spend it, it’s gone.   In theory, this sounds nice. You simply keep cash… Read more

Filed Under: Personal Finance Tagged With: Cash Budget, The Perils

How to Stop Buying Garbage You Don’t Need!

By savvyscot

Probably the biggest reason people don’t get rich is because they spend it all. Does that make sense? Jeeze, I hope so.

Probably the biggest reason people don’t get rich is because they spend it all. Does that make sense? Jeeze, I hope so.   What most people do is they take what little money they have and immediately dispose of it. Popular methods of disposal are for things like cars, shoes, purses, toys (like quad bikes,… Read more

Filed Under: Saving Money Tagged With: Stop Buying Garbage

Is Health the Key to Wealth?

By savvyscot

The relationship between health and wealth is a great one. What will blog post will do is examine the relationship in detail. Why is this so? How can a person gain both attributes if they currently have neither.

It’s probably not a surprise to you that rich people get sick less often than poor people. Now, is it because they are wealthy which is why they are healthy? Or are they wealthy because they are healthy?   The relationship between health and wealth is a great one. What will blog post will do… Read more

Filed Under: Fitness Tagged With: Health, wealth

When Does Travel Fit into a Financial Plan?

By savvyscot

Yes, opportunity cost is the cost of doing something with your time. Since the trip was over summer break, this trip would cost me greatly in opportunity cost. Let’s break this down.

This is a question I’ve been contemplating since I was 14. When I was 14, I had my first job. The job didn’t pay much but since I was in high school, I was able to save nearly everything.   One day, there was an early morning meeting about a group tour. A tour company… Read more

Filed Under: Travel Tagged With: Financial Plan, Travel Fit

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Disclaimer

Neither The Savvy Scot or any guest writers on this site are finance professionals. All writing on this site is intended for entertainment purposes only. Some posts on this site may be sponsored and will include links to external content. See Terms & Conditions page for further details.

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