Category Archives: Budgeting

51 Reasons I Won’t Lend Money to Friends and Family

“Should I lend money to a friend?” is a question that comes up on this site from time to time. A lot of people say it’s a bad idea in almost all cases, while others say they will lend without … Continue reading

Posted in Budgeting, Debt, Personal Finance, Relationships | Tagged , , , , , , , , | 16 Comments

10 Reasons I’ve Purposely Chosen Not to Be Rich

Most people I know want to be rich. There is absolutely nothing wrong with this goal, and I can certainly see why many people would want to attain it. I think that’s why people find it a little shocking when … Continue reading

Posted in Budgeting, Making Money, Personal Finance | Tagged , , , , , , | 24 Comments

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

21 Reasons Dave Ramsey Sucks at Giving Credit Score Advice

There are huge disadvantages of having no credit score. I actually know this better than most. After living over ten years in Japan, I came back to the US naively assuming that the credit history I had built over there … Continue reading

Posted in Budgeting, Credit Cards, Debt, Education, Housing, Insurance, Personal Finance, Saving Money, Travel, Work | Tagged , , , , , , , , | 76 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

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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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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

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10 Ways Getting Out of Debt is Like Running a Marathon

Getting out of debt is an exhausting process that often requires a well thought out plan which needs to be accomplished step-by-step over a long period of time. When you’re buried under piles of dept, sometimes it feels as though … Continue reading

Posted in Budgeting, Debt, Personal Finance, Saving Money | Tagged , , , , , , , , | 8 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

10 Warren Buffett Money Tips Everyone Should Follow

If you want to get the most out of your money, it makes sense to listen to people who know a thing or two about it. Finding a financial mentor is a great way of doing this, but if you … Continue reading

Posted in Budgeting, Debt, Frugal, Investing, Personal Finance, Saving Money | Tagged , , , , , , , | 7 Comments

Is This Going to Keep Me Alive?

Sometimes people over-complicate personal finance when they are in a crisis. They start trying to figure out what they can cut, yet still maintain a certain level of creature comforts. They start doing all kinds of mathematical gymnastics trying to … Continue reading

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10 Things We Do Too Fast That Cost Us Money

We live in a fast paced world. It sometimes seems that the only way to get everything done is to do it as quickly as possible so that we have time to do all the other things on our list. … Continue reading

Posted in Budgeting, Food / Groceries, Frugal, Personal Finance, Saving Money, Shopping | Tagged , , , , , , | 7 Comments

Blowing the Wealth Bell Curve

I’ve been doing online surveys and focus groups for years as a way to earn a little extra cash in my lazy moments. I get a lot of surveys about the economy, credit cards, and financial services. Most of them … Continue reading

Posted in Budgeting, Frugal, Personal Finance, Shopping | Tagged , , , , , , | 8 Comments

10 Ways Life Gets Better When You Get Out of Debt

Have you ever had to cut back on your expenses or choose between paying the water bill or the electricity bill? When you’re drowning in debt, it might seem as though you’ll never break free. It seems that there is … Continue reading

Posted in Budgeting, Debt, Personal Finance, Saving Money | Tagged , , , , , , , | 13 Comments

Just Because It’s Not In the Budget Doesn’t Mean It’s an Emergency

A friend of mine has been freaking out the last couple of weeks because her oldest child is graduating from high school this year. While she’s thrilled about this, she’s worried about the money. “I’ve got to get him a … Continue reading

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10 Reasons You’re Not A Millionaire

There seems to be an impression that the only reason that people aren’t able to become millionaires is because they don’t work hard enough. The truth is that hard work has very little to do with becoming a millionaire. That’s … Continue reading

Posted in Budgeting, Health, Personal Finance | Tagged , , , , , | 29 Comments

10 Life Choices That Will Hurt Your Finances

Sometimes people make life choices that end up negatively affecting them in their future. Life doesn’t always make things easy and when things get difficult, it can be difficult to make a good choice. Unfortunately, we live in a society … Continue reading

Posted in Budgeting, Education, Housing, Insurance, Personal Finance, Relationships, Work | Tagged , , , , , , , , | 13 Comments

10 Daily Actions Keeping You in Debt

It’s hard to get out of debt. Sometimes it’s easy to feel that no matter how hard you try, you’ll never be able to pay off all your debt and expenses. While you might have reassessed your finances and figured … Continue reading

Posted in Budgeting, Credit Cards, Debt, Personal Finance, Saving Money, Shopping | Tagged , , , , , , , | 5 Comments

Do You Want to Be The “Special Case” or The “Success Story?”

When it comes to doing the difficult things in life like saving money, losing weight, getting a better job or more education, creating an emergency fund, or engaging in almost any form of self-improvement, a lot of people claim to … Continue reading

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

Debt Reduction Diet: 10 Ways Debt Reduction Is Like Dieting

Dieting is probably not the first word that comes to mind when you think of debt reduction. However, when it comes to trying to reduce your debt, many of the steps you have to take are very similar to the … Continue reading

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