Sharing insights since 2007 on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom!
I have no plans of allowing my son to have a cell phone until he’s old enough to drive. I just don’t. Part of my aversion toward children, tweens and young teens carrying cell phones stems from my years of teaching and the fact that I would really like to avoid adding another distraction to my child’s academic life.
I also worry about the financial aspect of cell phone usage. Small children are lacking in both an income and an understanding that easy-to-make phone calls and text messages cost money.
Still, I know that things may change in the next few years, and it’s certainly possible that I will want to give my peanut a cell phone sometime before 2026. So here are some things to consider as you are fielding your child’s daily pleas for a cell phone: [ continue reading… ]
Many of us could use the advice of a financial advisor when it comes to areas like investing, consolidating debt, and planning for retirement. Some of us need more than financial knowledge or advice that only addresses the number side of the equation though. We also need help addressing our emotional relationship with money. This task isn’t as well-suited for a financial planner as it is for a financial therapist.
Financial therapy is a rather new field, as the Financial Therapy Association has only been around since 2010. The concept of therapy isn’t new at all though. Just as someone might need a therapist’s help to deal with thought patterns and emotions surrounding their relationships with family, spouses, or friends, we all have a very real relationship with money that might need similar attention.
If you answer yes to any of the following questions, it might be time to see a financial therapist:
Have you ever wondered why so few of us succeed? We always hear about those people that came up with a simple idea and made millions but most of us react with “Oh well, all the simple ideas are gone by now.”
What’s ironic is that usually every few months, we hear about another idea that seems brilliant and ridiculously simple. Why does this happen? Why do we keep limiting ourselves?
Perhaps one of the fundamental problems most of us have is thinking that many things are impossible to accomplish. We like to stay in our little comfort zone, and even though we know it’s not the best for us, we are afraid to step outside.
Today, he’s already distributed 30,000 pairs of self-adjustable glasses without the need of a optometrist. There are still challenges to mass produce these “But I am entirely confident that we can do that” is his answer to all the critics.
My entire family got involved when I first considered buying a house, since I have the luck of being related to real estate agents, investors, and other experts that are more than happy to give advice about buying a property — even before I ask.
The first thing they asked me was exactly how long I expected to stay in the house. Though I didn’t know the exact amount of time, they wanted to make sure that I’d own the house for at least five years.
One of the scariest financial situations to be in is living paycheck to paycheck. Unfortunately, too many people are in this predicament. According to a study done by LendingClub and PYMNTS.com, 64% of Americans live from paycheck to paycheck. What’s even more surprising is that almost half of Americans who earn more than $100,000 live this way as well. It’s a difficult situation to be in, especially when you have a family to support. It can also be mighty tough to get out of this rut.
Having savings to fall back on in case of emergency is important to everyone, which is why living paycheck to paycheck can be so dangerous. Any unexpected expenses can really complicate your life and create long term problems that make it more and more difficult for you to dig out of this hole. If you’re living paycheck to paycheck, consider these seven tips to help you get on the right course: [ continue reading… ]
We’ve all heard that “money can’t buy happiness,” and by now many of us are aware of a recent study that showed that, when you earn more than $75,000 a year your levels of happiness don’t increase very much.
While you probably won’t find lasting happiness based entirely on how much money you manage to amass, the way you spend your money can contribute a great deal to the amount of happiness and enjoyment you get out of life.
Here are 4 ways you can use your money to get a little more out of life: [ continue reading… ]
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