The Zen of Budgeting

zen of budgeting

Editor’s note: This is a guest post from my good friend Pauline of InvestmentZen.com. Pauline is a ‘budgeter extraordinaire’ and an investing maverick with considerable reputation in the personal finance community. Budgeting has always been like watching paint dry to me. My brain can’t get around it. I understand the main concept: spend less than you earn, and am pretty good at putting it in practice. But who really enjoys writing down they’ve been spending $0.47 on a stamp and $2.19 on celery? Not me, that’s for sure. And I don’t blame you either if you have been postponing budgeting […] Read more »

Why Being Frugal Is Pointless Unless You Crush Your Mortgage

I’m sure I’m not the only one around here that gets a lot of benefit reading the great tips and insightful behavioral issues that we all have with money here on Enemy Of Debt, however over the course of many years I’ve talked to a number of friends and family in confidence as well as read a lot about how people handle their finances and there is one HUGE pitfall that I’ve noticed almost everyone has. They all have tunnel vision. Most people are so busy, so concerned, so consumed with the immediate things in front of their eyes that […] Read more »

Manage Your Finances: 5 Financial Lessons to Teach Your Younger Self

manage your finances

It is surprising that one of the most important life-skills every young adult needs – ho to manage your finances – is still not taught in school. Young people leave college with shiny new diplomas in fields like technology, marketing, medicine and law but start out in their careers without any financial management knowledge. As a result, many of these people enter their thirties and forties on a financially shaky footing, full of regret at the great number of financial mistakes they made, while wondering what could have been if they had made a few correct decisions earlier on in […] Read more »

Getting Real To Get Out Of Debt

get out of debt

Editor’s note: The world can seem a bleak place when you are in debt. You look on your life, and the lives of the ones you love, and there is nothing than debt, strict budgeting and denial of your most sacred and cherished wants. It isn’t like that. There is life after debt and there is nothing like the story of a debt-survivor to make you see this. Today we bring you Jon’s debt story and hope you’ll be inspired. Jon is a fellow blogger who paid off his debt and is now building a decent investing portfolio. My name […] Read more »

Coupon Smarts at Toys R Us: A Guide

kids toy balls

Couponing is becoming more and more popular among people today as a means of saving money at the store. In fact, over 300 billion coupons were circulated last year alone. Just about anything can be purchased at a discount, with the help of a coupon, promotional code or other form of rewards card. Toys are not left out of the coupon craze; many couponers have a great deal of success collecting and redeeming Toys R Us coupons. Those who are new to couponing may feel a little intimidated by the number of coupons available and the different strategies, organization techniques, […] Read more »

Getting the Average American Out of Debt

[Guest author today, Graham from MoneyStepper.com] Getting out of debt isn’t easy. But, as many inspirations in the personal finance blogosphere have proven, it’s achievable. And when it is achieved, boy does it feel good!! We see hundreds of figures every year on “The Average American” and that they are in a position of debt like never seen before. Well, today, we are going to get this average American, let’s call him Tay (“The Average Yank”), out of debt for good in under 3 years, with relative ease! The Average American’s figures To help Tay, we need to know a […] Read more »

Reining In The Baby Expenses

[Guest author today, Jason Steele] Having a baby creates the ultimate budget paradox. On one hand, it’s every good parent’s instinct to spare no expense when it comes to their children’s health and safety. At the same time, “sparing no expense” can be a non-stop ticket to unlimited debt. So how can parents resolve this paradox? It starts with a conversation about how to express our love and caring in ways other than spending. The wealthiest, most free spending parents do not love their children any more than their more frugal neighbors. And once a child’s need are met, additional […] Read more »

Using Ebay to Kill Debt

magic cards

[The following is a guest post from Crystal at Budgeting in the Fun Stuff, where she covers spending, saving, and working in the fun stuff along the way.] My husband and I didn’t have much debt during or right after college, but we didn’t have much money either.  That meant that the one car payment we did have was extra annoying.  We had day jobs but we wanted to earn a little more to help pay down the car loan even faster.  That’s when we looked around and my husband realized that he had about 10,000 Magic: The Gathering cards […] Read more »

Couples Debt: Is it a Deal Breaker?

Good morning Enemy of Debt readers.  My name is Kristina and I am the blogger over at Dinks Finance.  Today the EOD team was gracious enough to let me chat with you about debt, commitment and marriage. I am thankful for the opportunity and I look forward to spending the morning with you. Dinks Finance is a blog for couples about couples regarding everything related to money.  I have been with my boyfriend for almost 14 years, we started dating as a two broke teenagers in college – now at 32 and 33 years old we are both successful professionals. […] Read more »

Making The Case For Real Estate Agents

(Guest post by Tali Wee of Zillow) In this age of information accessibility, house hunters have countless home details at their fingertips, allowing them to easily shop without the assistance of a real estate agent. Folks looking to buy can spend hours locating homes that fit their wish lists within their markets, and competitive home information is available to the general public on Zillow at no cost. So, why do buyers need real estate agents now that they can shop on their own? House Hunting: Buyers are fortunate to have such a plethora of information to launch their home buying […] Read more »