Holiday Shopping: Hook Line and Sinker

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The holidays are expensive there is no doubt about that. Just how much are we spending? According to the National Retail Federation an average of $423 compared to $398 last year. Shoppers lured by deals often fall prey to opening credit cards to get an extra discount or delay payments. Card Hub’s latest study shows eight out of ten retailers offer financing to consumers, but more than 60% of them provide mind boggling terms, such as an offer of an initial zero percent term with backdated interest if the entire balance is not paid off during the offer period. So […] Read more »

Using Checks is Bad For My Finances

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I stared in confusion at the papers laying on the kitchen table as I attempted to reconcile our checking account. My mortgage statement said the amount due was $1543 as it always does. The numerical dollar amount written on duplicate of the check I dropped off at the bank matched, as did the receipt I got from the teller. But that’s NOT what the written amount on the check said. The written amount was, “One thousand forty three dollars.” I had apparently omitted the “five hundred” when I wrote out the check. I needed to find out exactly how the […] Read more »

I Love You Like a Blogger Roundup – 11/23

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Its Black Friday……and I really don’t care.   I slept in.  Instead of getting up super early, or even worse staying up all night I think my time would be better spent reading awesome blog posts.  If you agree, you’ll definitely enjoy my favorite posts of the week.   Favorite Posts:   15 Truths About Money from The Daily Money Shot Being On A Budget Doesn’t Mean You’re Poor from BudgetBlonde Thankful For a Perfectly Flawed Life from ExConsumer Personal Finance Lessons That Should Be Taught In High School is a guest post from Briana at Money Q & A   […] Read more »

My 8 Step Plan to Resolve Financial Conflict and be a Super Hero Husband

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My wife is a “Go big, or don’t do it at all” kind of person.   We once had a Valentine’s Day themed Pampered Chef party which included tables in our living room set with tablecloths, centerpieces, and a full dinner. While we were planning the party, we had several disagreements regarding how elaborate it should be.  It even became a joke of sorts between us as every time we disagreed, she would utter the phrase, “Don’t you see my vision?”  We had a huge turnout, and earned a ton of product credit from the sales. Taking into account the […] Read more »

I Love You Like a Blogger Roundup – 11/16

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For the first time, in a very long time, I feel caught up and in control of every aspect of my life.  I had more time for reading blogs, and wow there were a TON of great posts this week!  Below are links to my favs.   Favorite Posts The Most Popular Budget and Why It Sucks from Money Life And More We’re Switching To Cash! (Our ‘A-Ha’ Moment Weekend)   from Plunged In Debt Seriously. What’s 1 percent gonna do?  from Money Plan SOS Life After Debt: How Budgets and Planning Become Lasting Habits from Ask CareOne How I […] Read more »

There Is No Magic Pill for Debt Freedom

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I can’t tell you the countless times I have been tempted by the magic pill. You know the one I am talking about; the one that claims you can lose 20 pounds in one month without exercising, get rich working just four hours a day, or the one you can take to get rid of your debt. The magic pill seems like an answer to your problems and the best part is you don’t have to do anything except swallow. Who wouldn’t be tempted? The problem with magic pills is that they are missing the key component to accomplishing any […] Read more »

Save Money by Cooking at Home: Japanese Steakhouse Edition

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When a Japanese steakhouse first opened in our city, it was extremely busy. Tales of flaming onion volcanoes, spatula tricks with eggs, flying bowls of rice and shots of sake had people rushing through the doors. As the newness wore off, the infatuation with the restaurant died down quickly. One of the reasons for this, in my opinion, was the price. For example, let’s say my family visited the restaurant for dinner.  My wife, myself, and my son would each order a meal, as well as upgrade from the white rice to the chicken fried rice. $20.95 (steak and shrimp) […] Read more »

Reduce Expenses and Get Out of Debt – Use Mental Toughness

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When I was a two-mile runner in high school, many of the runners complained about aches in their sides from running long and hard. It was just part of the game. If we were going to push ourselves, it was going to hurt. During a race, you can't just stop and rest a while when it starts to hurt, you have to keep going. Nevertheless, the pain and fatigue affected many runners and their ability to improve their times. Our track coach offered a solution, he called it "mental toughness." It's a concept that stuck with me and has served me well. Sometimes we just need a mental image, a concept, a focal point to help us achieve success. This was the concept for me. Read more »

I Love You Like a Blogger Roundup – 11/9

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As a country we re-elected President Obama to a second term this week.  I hope and pray that both parties will keep the best interests of our country in mind over the next four years  and keep moving our great nation forward.  We should all be keeping our finances in mind this weekend, and I’ve assembled a list of links that will help you do just that.  Enjoy! Favorite Posts Are You Ready to Fall Off the Fiscal Cliff? What You Need to Know if the Bush Tax Cuts Expire from Free From Broke Would the Envelope Method of Budgeting […] Read more »

“You Know You’re Broke If… “- 50 Ways to Know if You’re Light in the Wallet

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You Know You're Broke If...

If you’re broke, well, you probably know you’re broke.  Most of the time nobody has to tell you.  Even so, today I thought it would be fun to inform those who may be a little unsure by taking a look at the lighter side of being light in the wallet. So I made a list of 50 ways you know you’re broke. Because sometimes talking about money can be boring and you just gotta have a little fun!   You Know You’re Broke If… …Your latte’ bill is as vente’ as your car payment. …You comfort yourself by saying “Mo’ […] Read more »

Smart Phones are Going to Cost Me How Much?

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A mutiny is brewing at home, and I don’t know how much longer I can hold it off. Our cell phone contract expired in August which means we are eligible for a handset upgrade, or able to change carriers without penalty at any time. With scratched screens, odd behaviors, and increased frequency of complete “lockups” our phones are beginning to tell us they are nearing end of life. Chances are we will need to make a move soon, and if that move doesn’t include the iPhone as an option I fear I may come home one day to find the […] Read more »

I Love You Like a Blogger Roundup – 11/1

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Ooooooooh, no!  I think I’m fighting something off.  I’ve been going to bed early all week and getting some extra sleep but I just don’t have the usual spring in my step.  In fact last night I grabbed a pillow and blanket and curled up in a ball on the floor while the family caught up on a few episodes of Survivor.  I have still managed to drag myself out of bed every morning and get my workouts in.  I hate being sick, so I hope a weekend of R&R will get be back 100% in action. Well, I hope […] Read more »

Debt Struggles of the Millennial Generation

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Across the United States the Millennial Generation is struggling with debt, especially in the state of Virginia, a place my friend, Brad Chaffee happens to reside. According to recent internal data from CareOne the number of Virginia residents between the ages of 18 and 24 seeking debt relief increased 33% from 2010 to 2011 and was 12% higher than the national average. The number of 25 to 34 year old Virginian’s seeking debt relief also increased during that same period, by 4%, and was 3% higher than the national average. So what is happening that is causing higher than the national average […] Read more »

What’s Your Measuring Stick for Value?

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Over the weekend I went out to eat on two different occasions. The bills were significantly different, and so were the experiences. Restaurant #1: Vonnie and I visited a nice restaurant that came highly recommended, and has a reputation. The kind of reputation that usually results in people mentioning going there during Monday morning hallway conversations at work when asked if you and your significant other did anything special over the weekend. Vonnie had butternut squash ravioli, a cranberry spinach salad, and a glass of wine while I ordered the shrimp and scallop au gratin. Oooh, sounds fancy! Except it […] Read more »