© Courtesy of Amy and Tim Rutherford
To retire early, Amy and Tim Rutherford changed their big-spending ways. “We used to be high spenders and cut $6,500 a month out of our budget,” Amy said. One of the biggest expenses they slashed was housing, by downsizing from a 6,000-square-foot home to a less-than-2,000-square-foot townhouse. See why downsizing can make sense from a financial standpoint.
The couple also saved all of Amy’s income and a portion of Tim’s, which helped them build a big enough nest egg to retire early.
Amy retired from a sales position at 46, and Tim left his job selling telecommunications equipment at age 48. Now, they spend a lot of their time traveling and sharing frugal travel tips on their blog, GoWithLess.
As a former retail employee with years of experience manning a cash register, there's one…
Just as we tend to bundle up in winter, wearing lots of layers in order…
It's one of American history's most familiar scenes: A small group of Pilgrims prepares a…
It’s true that most people don’t host a lot of dinner parties these days. The…
Black Friday and Cyber Monday are huge shopping days famous (or infamous depending on how…
December is peak shopping season, thanks to the traditions of gift giving during Hanukkah and…