Monthly Archives: May 2010

Purchase Price Vs. Cost of Ownership

When we shop, most of us are heavily influenced by the purchase price. For example, we see an iPhone in the store and think, “Oh, it’s $300. I have that much in my account, I can afford it.” What we … Continue reading

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Buying Summer Reading Books For Kids On The Cheap

Summer is coming. There is no denying it, at least if you live in the Northern hemisphere. Days are getting longer. Winter clothes are being stored in attics to await the return of cooler nights. Kids are ready for the … Continue reading

Posted in Education, Entertainment, Frugal, Personal Finance, Saving Money, Shopping | Tagged , , , , , | 6 Comments

Beware the Second Wave of the Recession

Lately there seems to be a sense that perhaps the worst of the recession is behind us. Consumer sentiment is up and the jobless rate is falling in many places. People are relaxing a bit and thinking that we might … Continue reading

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Frugal Spices

Frugal living does not need to be Spartan and cost efficiency does not require huge sacrifice. Rather, in seeking to stretch our dollars we are attempting to get more, have more and, at least for many us, share more, than … Continue reading

Posted in Food / Groceries, Frugal, Personal Finance, Saving Money, Shopping | Tagged , , , , , , , | 4 Comments

Bliss vs. Suffering: A Life Without Debt

I’m a big fan of the yoga program “Inhale” on the Oxygen network. The host, Steve Ross, likes to say (when talking about mental health) that, “Psychology is based on suffering. Yoga is based on bliss.” What he means is … Continue reading

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Save Money By Using Less: 10 Products You Use Too Much Of

When it comes to saving money, one of the best things you can do is to use less of the products you do buy. Using less means the product lasts longer, which means you buy replacements and refills less often. … Continue reading

Posted in Food / Groceries, Frugal, Personal Finance, Saving Money | Tagged , , , , , , , , , , , , | 17 Comments

Are Restaurant Coupon Deals Worth It?

Eating out is often an indulgence, sometimes a necessity, and usually costly. It can also be a lot of fun. Where we choose to dine out is a personal decision but most of us can be helped in our decision … Continue reading

Posted in Entertainment, Food / Groceries, Personal Finance, Saving Money | Tagged , , , , , | 8 Comments

Rules For Bulk Purchases

A couple of years ago, I bought two cases of drinking straws. When they arrived, I had something like three thousand straws taking up space in the back of my utility closet. My wife raised an eyebrow and wondered aloud … Continue reading

Posted in Food / Groceries, Frugal, Personal Finance, Saving Money, Shopping | Tagged , , , , , , , | 9 Comments

Dave Ramsey Financial Peace University Review: The Final Analysis

After thirteen weeks, Financial Peace University has come to an end. So, was it worth it? Was it something that I would recommend to someone in financial trouble? The answer isn’t a simple yes or no. There were many things … Continue reading

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Duplicate Services: How It All Adds Up

The other day I was helping a friend sort through her expenses as she tried to save herself from an impending job loss. Things were going well until I got to her Internet expenses. She was paying $40 per month … Continue reading

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Finding Motivation: A Life Without Debt

I’m frequently asked how I stay motivated to remain out of debt. After all, there are so many temptations and so many fun things that I could blow my money on. People assume that it is hard for me to … Continue reading

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How To Avoid Wasting Money When Giving To Charity

We know that those of us who are fortunate enough to have extra money should give some of it back to society. Not only is it good for others, it’s good for us. We get a feeling of satisfaction and … Continue reading

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8 Ways To Make Shoes Last Longer

If you have kids, chances are good that at some point you have been heard to say “Untie your shoelaces before your take off your shoes! Perhaps you have said it emphatically, even loudly, in the hope that your uncaring … Continue reading

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Should I Buy An American Car?

Ah the frustrations of automobile ownership. My wife and I have two vehicles. She drives a 2003 GMC Envoy. From a cosmetic perspective, it is still in good condition and has only 60,000 miles on it. I drive a 2002 … Continue reading

Posted in Cars, Personal Finance | Tagged , , , , , , | 24 Comments

Dave Ramsey Financial Peace University Review: Week 13

This final lesson was about Baby Step 7, Build Wealth and Give. Everything has been leading up to this. We’ve been taught how to get out of debt, save money, and invest so that we can build wealth, not only … Continue reading

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Choosing Work: Love Or Money?

When you set out to choose your occupation, should you choose a higher paying job or work that you love? I never questioned it myself. I couldn’t imagine spending eight to ten hours a day for thirty years doing work … Continue reading

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Learning to Love What You Have: A Life Without Debt

One of the best ways to become and remain debt free is to simply learn to love what you already have. It’s human nature to be swayed by the glitter and gloss of new items. You drive past a new … Continue reading

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8 Ways to Get Over the Fear of Screwing Up

Many of us are afraid to make financial decisions. There is so much we don’t know and so much that (we think) can go wrong. What if we invest in the wrong mutual fund and we lose everything? What if … Continue reading

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Activities With My Kids I Should Have Photoshopped

I drove one of my sons to a birthday celebration tonight. I’ll ignore, for at least the moment, that the “party” was held about 20 miles from my home and that it included, eighteen holes of golf, lodging in a … Continue reading

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Big City Coffee Stephan Iscoe Interview on Entrepreneurship

This month, I have the pleasure of bringing you the wisdom of Stephan Iscoe, the visionary behind Big City Coffee. Stephan is a Renaissance man — musician, author, business consultant, serial entrepreneur and CEO. His story is fascinating and his … Continue reading

Posted in Food / Groceries, Personal Finance, Work | Tagged , , , , , , , | 1 Comment