I’ve set as one of my goals this year to track my finances better. Getting the process down is the goal, and one part of this process is making sure that the receipts don’t pile up too high. So I’ve set as a goal to clear out my receipts at least ten times a month. … Read more
I received a pre-release copy (autographed) of Larry Winget’s You’re Broke Because You Want to Be. Mr. Winget is the star of A&E’s reality series Big Spender, a show that delves into the lives of people who appear to be well-off, but actually are very strapped financially. (I’ve watched clips from the website but not … Read more
Another year, another four Presidential $1 coins from the US Mint. I actually saw the first pictures of the new coins over at Consumerism Commentary. Flexo uses the coins about as much as I do; the first couple of them I was showing everyone like I’d minted them myself. The low-resolution pictures really don’t do … Read more
There are a number of different ways to value your time in order to determine whether to go the extra mile for a discount, do something yourself or hire out, or take on an extra job. I gave my take on how to calculate the hourly value of my time, which turned out to be … Read more
I’d heard anecdotes of people being asked to leave all-you-can-eat buffets because, well, they eat too much, but apparently it’s starting to happen (or has been happening, and I just haven’t heard about it). I found this article via Clever Dude, and apparently there was some flak between some customers and a restaurant owner when … Read more
Stuff is illiquid, but it’s liquid at the right price. A boat, a car, or a house might get decent offers if the owner has time to wait for the right buyer to come along. If the offers don’t come and the owner wants to sell, nothing attracts more buyers like reducing the price. Further, … Read more
The last post mentioned that I’ve set as a goal this year to track my expenses a lot better than I have been. There are a fair number of untracked expenditures in our current spending, and it’s likely those little secret leaks that will hurt us in the long run if we don’t plug them … Read more
It’s helpful to figure out how much your time is worth in order to weigh trade-offs between money and time. It helps to determine whether it’s more economical to walk to the grocery store, to drive there, to order the food online, or to pay someone else to do it. If your time is worth … Read more