There are people out there who swear that if you’re lucky enough to see the first flower of springtime on a Friday, it’s a sign of impending wealth.
I know. I don’t buy it either.
Still, let’s assume these folks know what they’re talking about; what happens if that first flower is found on Friday the 13th? Is the wealth omen officially null and void?
Can somebody take an action item and get
Continue reading 10 More Old Wives’ Tales Masquerading As Financial Rules of Thumb
As the old saying goes, knowledge is power.
When it comes to tracking personal finances, one of the most important pieces of information in you can have in your knowledge database is a detailed summary that highlights where your household income was spent during the previous year. Such a summary not only provides extraordinary insight into your spending patterns, but it also helps you optimize your personal finances.
I’ve been using an
Continue reading The Apocalypse Can Wait: My State of the Household Report for 2012
How many times have you heard someone suggest that all their financial problems would magically disappear if they only made more money? But high incomes can’t guarantee financial freedom; there are countless examples of people who earned millions yet still ended up bankrupt. The common thread among folks who get into financial trouble — no matter how much money they make — is their inability to consistently spend less
Continue reading 100 Words On: How to Determine If You’re a True Financial Success
What’s the toughest question in the world to answer?
If you google the term “world’s toughest question” you’ll come across a panoply of potential candidates:
What is the meaning of life?
What is the secret of happiness?
How can I get rich quickly?
Where is the video contrast setting on an iPad?
Why does the line you’re in always move the slowest?
Why are there Interstate highways in Hawaii?
Yep. Those are pretty tough questions.
Still, I think none
Continue reading Save Thousands & Look Like a Genius with Bimonthly Menu Planning
Ever since the Great Depression, central bankers have, curiously, striven to avoid deflation at all costs. But benign price deflation caused by increases in productivity — as opposed to “bad” deflation caused by a reduction in money supply — leads to a proportional increase in the purchasing power of a dollar. As a result, deflation — unlike inflation — leads to higher living standards and directly benefits savers, retirees,
Continue reading 100 Words On: Why Savers Should Be Rooting for Mild Deflation
I’m once again pleased to present another guest post from my good friend, Paula Pant of Afford Anything – the blog that believes money should never hinder your dreams. If you get a chance, stop by her site and check it out — you won’t be disappointed.
I’m Asian-American, straight off the boat – er, straight off the Boeing. My parents carried me to the Land of Stars and
Continue reading 7 Money Skills My Immigrant Parents Taught Me
This past weekend I good-naturedly ribbed my friend Craig, from Money Help for Christians, for admitting that he “kissed budgeting goodbye” after more than a decade of faithfully doing it. I mean, this is the same guy who published a successful e-book regarding everything you wanted to know about budgeting (but were afraid to ask).
However, upon further reflection, perhaps I was just a wee bit too hard on Craig.
Continue reading The Importance of Long-Term Savings & Creating a Strategic Road Map
This guest post is from Paula Pant of Afford Anything, the blog that believes money should never hinder your dreams.
I have a confession. Normally I spend a lot of time emphasizing the importance of cultivating habits that reduce your desire to spend.
But I have one habit that makes me want to spend more money. It’s a practice – something I do almost daily – that convinces me that my current
Continue reading An Avid Rag Reader Confesses: They Make Me Want to Spend More!
There is absolutely nothing wrong with trying to stretch your dollar, but like anything else in life, sometimes that philosophy can be taken to its extreme. When making a purchase, frugal folk always consider a multitude of additional factors including the price of their personal time and/or the trade-off between quality and cost. On the other hand, cheapskates are much less pragmatic, usually focusing entirely on the price tag.
Continue reading 100 Words On: The Thin Green Line Between Frugal and Cheap
This is a guest post from my daughter, Nina.
Hello! It’s me, Nina, again! My dad asked me to write another post for him. He let me pick the picture too!
He paid me $15 for this, by the way. (Thank you, Dad!)
That money’s going to come in handy too because lately I’ve been trying to save up for a new laptop computer. The one that I have my
Continue reading My 12-Year-Old Daughter Shares Her Secrets for Saving Money