Author Archives: Jennifer Derrick

Virtual Reality Can Help You Save Money

It’s funny how the human mind can conceive of just about everything except our older selves. We can easily imagine a pink dragon that farts rainbow bubbles, but if you ask us to imagine ourselves as old, we can’t do … Continue reading

Posted in Investing, Personal Finance, Retirement, Saving Money | Tagged , , , , , , , | 1 Comment

Want to be Financially Successful? Read More than Personal Finance Books

When most of us sit down to learn about personal finance, we head for the personal finance aisle of the bookstore or library (or the top personal finance websites). We read the books by Dave Ramsey, Suze Orman, Jean Chatzky, … Continue reading

Posted in Personal Finance | Tagged , , , , , , , | 3 Comments

Successful People Don’t Whine

I’m always amazed when, in real life conversations or article comment trails about money related topics, someone inevitably says, “That [insert behavior that is not the norm] will never work for me. It simply cannot be done.” Either that or … Continue reading

Posted in Making Money, Personal Finance, Saving Money | Tagged , , , , , , | 3 Comments

The Save What You Spend Challenge

There are a lot of different savings challenges like the 52 week money challenge and the 365 day money challenge, but this isn’t the only way that you can create an opportunity to save money. One of the most effective … Continue reading

Posted in Personal Finance, Saving Money | Tagged , , , , , , , | 3 Comments

14 “Impossible” Money Goals That Aren’t

Whenever you bring up a large or extreme financial/frugal goal (particularly if you bring it up at a party populated by spendy people, as I once did and will never do again), the first response is often a dismissive snort … Continue reading

Posted in Budgeting, Cars, Frugal, Personal Finance, Retirement, Saving Money | Tagged , , , , , , | 3 Comments

Dropping Car Coverage Can Affect Rental Car Costs

Finance gurus will tell you that you should drop the “Comprehensive and Collision” coverage on your auto insurance once the value of your car drops to the point that the insurer would automatically total your car in the event of … Continue reading

Posted in Cars, Insurance, Personal Finance, Saving Money | Tagged , , , , | 2 Comments

25 Things That Hold Your Money and Your Dreams Hostage

We all have things that we’d like to do in life. Have kids, travel, get married, buy a new home, start our own business, or simply retire well (and maybe early). You probably have your own dreams that aren’t on … Continue reading

Posted in Budgeting, Debt, Housing, Personal Finance, Saving Money, Shopping, Taxes | Tagged , , , , , , , | 3 Comments

Alternative Ways to Get Your Kicks: Fun Money Friday

We all have things that we enjoy doing. Maybe you love to read, buy shoes or handbags, visit amusement parks, ski, travel, scuba dive, or any of a thousand other things. Chances are that most of your fun activities cost … Continue reading

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The $500 Mistake

We all have different personalities and things that we find fun. For many years, I’ve known that I am not the sort of person who enjoys going out to crowded places and doing the “typical” Friday and Saturday night activities … Continue reading

Posted in Budgeting, Entertainment, Personal Finance, Relationships, Saving Money | Tagged , , , , , , | 7 Comments

You Can Afford It. But Should You Spend It?

Once you reach a certain level of financial comfort, you’ll find yourself buying things you might have bypassed in your more financially strapped days. You may find yourself springing for nicer accommodations on vacation, or taking longer vacations. Maybe you … Continue reading

Posted in Budgeting, Personal Finance | Tagged , , , , , | 4 Comments

9 Ways to Vacation for Free (or Nearly So)

Many people think that vacations, particularly to far flung destinations, are out of their financial reach. But this isn’t always the case. While travel can be expensive, there are ways to travel for free or at deeply discounted rates. These … Continue reading

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Let Your Kids Suffer. They’ll Be Better Off.

When I left home to go to college (many years ago), my parents made it very clear that I was on my own. While they would help with expenses as long as I was in school, those expenses were going … Continue reading

Posted in Housing, Personal Finance, Relationships | Tagged , , , , , , , | 23 Comments

Challenge Yourself: Fun Money Friday

Saving money (and spending it wisely) can get boring. It’s hard to deny yourself all of your wants and to consistently focus on “good” financial behavior. You can spice things up, though, by challenging yourself to improve in any area … Continue reading

Posted in Budgeting, Making Money, Personal Finance, Saving Money | Tagged , , , , , , , | 3 Comments

Start a Swap: Fun Money Friday

If you’ve got stuff you no longer want or love, one of the best ways to get new stuff is to swap with someone else. They probably have stuff they no longer want, too, so a swap works for both … Continue reading

Posted in Frugal, Personal Finance, Saving Money, Shopping | Tagged , , , , , , | 2 Comments

Don’t Focus on the Numbers

Everyone loves a personal story. We like to hear how other people paid off debt, retired early, paid for college, or afforded that fabulous vacation. Personal stories are fun to read and can be inspiring. However, too many people focus … Continue reading

Posted in Debt, Personal Finance | Tagged , , , , , , | 2 Comments

Buying Stuff Isn’t Saving Money

Ah, well. I knew it was too good to last. A couple of months ago, I wrote a piece about how Fidelity’s latest ad campaign about managing your personal economy impressed me with its common sense message. Well, here we … Continue reading

Posted in Credit Cards, Debt, Personal Finance, Saving Money, Shopping | Tagged , , , , , | 4 Comments

Help Another Family Member Get on Their Feet: Fun Money Friday

One of the most rewarding things I’ve done with money over the years it to give a little to struggling family members to help them out. Sometimes I give to a college kid just starting out; other times I give … Continue reading

Posted in Personal Finance, Relationships | Tagged , , , , , , | 2 Comments

The High Cost of Knowing Better

Here in the South, the common joke is that many disasters, spectacular events, or both begin with the phrase, “Hey, ya’ll, watch this!” Usually after yelling that phrase, the person does something unbelievably stupid like jump off a barn roof … Continue reading

Posted in Entertainment, Insurance, Personal Finance | Tagged , , , , , | 2 Comments

Frugality Isn’t Common Knowledge

A couple of weeks ago, I wrote a piece about how eventually saving money becomes second nature. What used to seem hard or foreign suddenly becomes common and easy. I wrote this piece because I was frustrated with an acquaintance … Continue reading

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

The Well-Budgeted Vacation: Fun Money Friday

A vacation to a favorite or must-see destination is one of the most fun things you can do with money (unless you hate to travel, of course). But all the fun is sapped out of a trip when you arrive … Continue reading

Posted in Budgeting, Entertainment, Frugal, Personal Finance, Travel | Tagged , , , , , , | 4 Comments