Archive for the ‘Finances’ Category

Your Money Friday: How to Pay for Vacations


08 Jun

When you’re being responsible with your money, paying down debt, funding retirement, not relying on credit cards, sometimes finding the money to have fun can be difficult.

This week’s Your Money thread is about How do you decide how much money for vacations?. The thread doesn’t actually talk numbers, it’s actually more about priorities. Is vacation the last priority, with money going toward that after all other goals are met? Does it become a short term top priority, with other money goals taking a back seat?

The answer is different for each person/couple, but everyone still thinks vacations are important.

Blog Feature: The Happy Homeowner


02 Jun

I figured this was a good weekend to highlight Jen at The Happy Homeowner because she has so many exciting things going on right now. She recently changed the look of the site (I love it), quit her full time job without having another one lined up (she does have a part time job and some other business ventures), and oh yeah, recently came out of the closet, introducing herself to us, instead of remaining anonymous.

So head on over there, wish her luck on her goals, on her new job interview, let her know we like knowing her name.

Your Money Friday: Family Heirlooms


01 Jun

What makes something a family heirloom? When do you have the right to be mad that someone else sold or gave away something you might have liked?

My opinion- monetary or historical value does not make something a family heirloom. In order for it to make heirloom status, there needs to be emotional significance attached. Without the emotional component, it’s just stuff. Sure it may be cool stuff, or stuff worth money, but it’s still just stuff.

So before you get mad at a relative who has otherwise done right by you, consider if it is actually emotionally worth it.

Your Money Friday: Weight in the Workplace


25 May

So while we’re still talking about work clothes over on YM this week, the thread I’m highlighting only pretends to be about wardrobe- Does this Interview Suit Make Me Look Fat? It started talking about companies policies about not hiring fat people because of the insurance cost. It has morphed a bit to be talking about weight in general, and howUS society perceives weight.

The conversation has remained quite respectful (which is nice), but for someone who has struggled with their weight, it is also very frustrating to hear people tell me how “simple” it is to lose weight.

Blog Feature: Frugal Portland


19 May

Frugal Portland is a new blog to me, but I enjoy it quite a bit. I’m featuring it because this afternoon, I am most likely making a road trip down to Portland in order to drop a bed off for my cousin (and maybe a vacuum). Since Portland is on my mind, I figured it should be on yours, too.

I want to highlight her post on getting your First Job Out of College, because I think that’s something a lot of college kids aren’t prepared for- not going to work, but not having a definitive end point in sight.

Your Money Friday: Work Wardrobe


18 May

Always of greater concern to women than men, today’s Your Money thread focuses on the work wardrobe. Where do you buy your clothes? How much do you spend? How dressy do you need to look?

A number of posters appear to like thrift and consignment stores. I might look in a consignment store, but I would not shop for work clothes in a thrift store. Not because I do not think I’d find them there, but because there are people who need to be able to find business dress at thrift store prices, and I am not one of them.

Your Money Friday: Live with Roommates?


11 May

This has been a hot topic over at YM all week. Would you live with roommates to save money? A majority of the regular YM posters are 30s or older, with established families, so a lot of the instant reactions were along the lines of “not at my age” “I am too set in my ways to live with anyone” and “with kids in the house, absolutely not”.

Still, one of the defining factors of how people answered this thread was whether they considered roommates to be random strangers found through an ad in the paper, or friends or family.

Blog Feature: American Debt Project


05 May

I enjoy American Debt Project. She’s honest about her situation, her goals, and when she messes up. In fact, I often think she’s too hard on herself. It’s a problem I’ve noticed with a lot of personal finance bloggers. Even though we start blogging because we have made mistakes, and we want other people to know that that’s okay, we start to expect perfection from ourselves. Well, none of us, not even the big name personal finance bloggers, are perfect. We all take our own road to financial freedom. I’m happy to be sharing the journey with American Debt Project.

Your Money Friday: Talking About Money


04 May

Back in the first post for The Dog Ate My Wallet, I wrote about My Money Philosophy. I believe that personal finances shouldn’t be a taboo subject. I believe that we would all be better able to make good financial decisions if people were willing to talk about money. However, I’m definitely in the minority. I knew that, but threads like “How much do you tell people about your money?” really bring it home. And that seems wasteful to me. No wonder kids know nothing about money when the people who have made smart decision refuse to talk about it.

Your Money Friday: Federal Student Loans


27 Apr

I can’t believe it’s already that time of year, but current high school seniors who are going to college next year are starting to get their financial aid award letters. So the question over at Your Money is about federal student loans- if both subsidized and unsubsidized are offered, do you have to take both? The answer is NO. Subsidized loans are a great deal- no interest while you’re at least half time in school and for a 6 month grace period after you graduate. Fur unsub loans, interest accrues and capitalizes. If you can afford it, subsidized loans only.

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