I wasn’t anywhere close to being an athlete in either high school or college, so I never would have been posed this question. Nor do I really follow football. The headline of Frugal Dad’s latest roundup, Turning Down Millions for a College Degree, makes reference to a statement by Andrew Luck, a superstar quarterback from … Read more
A cash-only budgeting system can be the ticket to reining in spending and getting away from the temptation of credit cards. The idea is this: Pull out the total of your weekly (biweekly, monthly) budget in cash. Separate the cash into envelopes by category according to how you’re budgeting that money. Spend down the envelopes … Read more
Starting a website up in “spare time” with the purpose of developing expertise and getting a Plan B going is a great idea. The Plan A job can go away at any time. Actually, doing just about anything that provides a product or service — whether it’s holding a sign or painting numbers on curbs … Read more
Yesterday we spent a wonderful New Year’s with great friends. They’re the kind of friends that you can enjoy sharing time with, without the need to put on appearances or impress. It’s incredibly relaxing. I mentioned a couple of weeks ago that we scored some great Mr. Rebates savings with our purchases at The Disney … Read more
Bart, over at the Personal Finance and Money Stack Exchange site, lacks discipline with tracking his finances. He asks: I have had very little success with managing money. I have gone bankrupt once ($50K in credit card debt) and since then I no longer have credit cards (just a debit card) but my spending is … Read more
Old age gives itself plenty of warning. First there are the milestones of life: college, marriage, first child, next children, first child goes to college. Then there are the signs of decay: hair loss, failing eyesight, memory lapses, aches and pains. These happen well before falling and not being able to get up. And we … Read more
Hopefully I didn’t let the cat out of the bag to anyone reading today. If so, I’m sorry. (As long as I’m at it, the Easter Bunny, the Tooth Fairy, and the Great Pumpkin don’t exist, either.) The impossibility of such a character is easy to argue. Let’s say that there are about two billion … Read more
This post over at Aloysa’s Kitchen Sink got some attention as an Editor’s Pick in the Carnival of Personal Finance a few weeks ago. The post explained five reasons to stop being frugal and get a life. Strong words, for sure, but does the reasoning stand up to scrutiny? Let’s check them out. (Her words … Read more