Preventing Impulse Buys With A Waiting Period: Does it Work?


Delayed gratification:  The art of making yourself wait to purchase something new.  Some people use a self-imposed waiting period to make sure that they really want to part with their hard earned cash.  The thought is, you reassess the want to make a purchase after a designated waiting period.  Many times you’ll decide against the purchase, thus saving yourself from wasting money on impulsive purchase. But does this practice really work?  I had the opportunity recently to find out. About a month ago, we decreased our cell phone bill by $150 a month by switching to a no contract plan […] Read more »

I Love You Like a Blogger Roundup – 4/18

Tuesday was payday.  I did the usual reconciling of the checkbook, paying the bills, and creating our budget worksheet for the remainder of the month.  Vonnie and I sat down to have our usual Payday financial discussion.  When we got to the part of how much we had in our checking account she stared at me and said, “What?  How come it’s so high?”  We went through the numbers in detail, and I explained that apart from not having to make a huge payment to our now complete debt management plan, we didn’t spend all of our discretionary funds from […] Read more »

How Delinquency and a Debt Settlement Program Can Affect the APR on Your Credit Card (Part 1)


A selling point, deal breaker, or the cost of securing credit — the annual percentage rate usually gives you a standard for comparing interest and fees from different lenders. However, when you’re initially issued a credit card or dealing with debt that is piling up, the APR is going to be very much based on the individual bank with which you’re dealing. Each and every lender tends to have unique strategies in pricing APR. However, when it comes to factors that generally affect APR, one thing creditors look at in evaluation is the credit-worthiness of the potential cardholder.  As a […] Read more »

Financial Literacy: Communication and Teamwork Are Vital to Success


  Preface:  Today I’m taking part in the Financial Literacy Awareness Carnival hosted by Shannon at The Heavy Purse.  Once you’ve finished here, click here and check out the list of other great posts by my fellow bloggers also participating in the carnival! Sitting in a chair facing a filled to capacity movie theater, the question that popped into my head was, “How did I get here?” I was one of three customers invited to the headquarters of CareOne Debt Relief Services in Maryland in September of 2012. They were holding an employee recognition event, and wanted to have a […] Read more »

Misplaced Dad On A Pre-Teen Shopping Trip


Today is officially my daughter’s twelfth birthday, but we celebrated it over the weekend.  From our observations, as well as by asking her directly, the thing she wanted the most for her birthday was clothes.   This was not surprising in the least, as my little girl, who’s biggest care in the world used to be wondering when her hair would be long enough to be put in a ponytail, has transformed (seemingly) overnight into a young woman who stares endlessly into a mirror primping and futzing with her hair, even applying some makeup before heading to the bus stop. The […] Read more »

I Love You Like A Blogger Roundup – 4/11

Monday’s post hosted a review and giveaway of Todd Tresidder’s  book, How Much Money Do I Need To Retire and it’s time to announce the winner.  Gina Helton, come on down, you’ve won!  Expect an email from me in the near future to finalize delivery of the book to you.  Congratulations to Gina, and thank you to everyone who entered. This weekend we’ll be celebrating my daughter’s twelfth birthday (which is officially on Monday).  Is it me, or does there seem to be less pressure on birthdays as kids get older?   This year she wants to get together with her […] Read more »

5 Simple Steps to Start Getting Out of Debt Right Now

get out of debt steps how to

Have you ever tried to get out of debt but just didn’t know where to start?  I think most anybody who’s attempted to get out of debt has experienced that feeling at some point. You have decided you’re no longer comfortable with your debt load, and now it’s time to do something about it, but you’re just not sure what to do. So how do you get started? You can start by taking some small, easy steps to set yourself up for success.  In this post I’ll show you the best small steps you can take right now to get […] Read more »

4 Ways To Make Money At Home


When I was in high school, I would boast that I was going to retire at age 26.  From that point on all I would do is go to my home office and say, “Buy!” or “Sell!” over the phone a few times each day.  I turned forty few months ago, and it’s painfully obvious that I haven’t reached that goal. Strange how life didn’t follow the twisted dream of a teenager. While I’ll likely never reach that goal of multiplying my millions by buying and selling stocks over the phone (who would use the phone for that these days […] Read more »

Review and Give Away: How Much Money Do I Need To Retire?


The book had been sitting on my desk in my home office for months, staring at me in plain sight as a reminder that I needed to read it. Someday. I had received How Much Money Do I Need To Retire from the author, Todd Tresidder, at the Financial Blogger Conference back in October, but I just couldn’t seem to find the time or the motivation to read it. Looking back, my mind just wasn’t in the right place. At the time, getting back on track with our retirement planning was just a twinkle in my eye. We only had […] Read more »

Protecting Your Assets for Tomorrow

Protecting Your Assets for Tomorrow

[The following is a guest article] When you start to build up your net worth, you will want to take steps to protect it and prevent a financial catastrophe. Sadly, often, a person will not think of this until it is too late and they watch as their problems grow out of control. Fortunately, with a proactive approach, an individual can protect him or herself for the future. Here are five ways to protect your assets for tomorrow. Home security system: When you own a home, you are vulnerable when you are at work or out of town for a […] Read more »

I Love You Like A Blogger Roundup – 4/04

Do you want to hear someone’s idea of a cruel joke?  I’ve been soaking in the Florida sun for the last week, and we begin our road trip back to Minnesota tomorrow.  Taking place this very minute in Minnesota is a late season major snow storm dumping over a foot of snow in some parts of the state. Cruel. Luckily my city will only get a few inches….and I’m actually hoping it melts off by the time I get home Sunday evening. While on vacation, Vonnie and I managed to stay right on top of our finances.  I wanted to […] Read more »

What’s the Best Way To Ship Packages Internationally?

It’s been a long, hard winter here in Minnesota.  Vonnie and I have gotten a head start on our annual Spring cleaning and decluttering, and found a pretty good pile of things to try to sell.  Many times we’ll find a buyer locally, which is preferred.  We’ll just meet at the convenience store a few blocks away and make the sale.  But sometimes, when you’re advertising to a wider audience your buyer may be very far away. Like Canada. One of the things we were selling was a deluxe set of the game Crossbows and Catapults that we bought for […] Read more »

Using Arcade Games to Teach My Daughter About Gambling


I am writing this as my daughter skates around the local roller rink. There was a time when she would bring $5 with her and blow it all on the arcade games. After many failed attempts to grab the stuffed animal or put the ball in the right slot I think she’s learned the value of a dollar – and that most gambles don’t pay out. Tickets are the real reward here and they don’t get you very much. Each one is worth a penny at the “Stuff Shop” and the assortment of plastic trinkets is vast. Spider Rings are […] Read more »

Why I Hate Credit Cards: Hotel Incidental Policy


I hate credit cards with a passion. The more I walk through life trying not to use them, the more I hate them. My family and I drove to Florida late last week, which gave me the opportunity to find yet another reason to despise them. No matter how much I want to pay with cash, or at least with my debit card so the money comes immediately out of my checking account, businesses seem insistent in pushing me to use the demon plastic. As my wife and I planned our trip, we carefully budgeted our spending for each day. […] Read more »