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Tag Archives: spending
When you think about making a purchase, have you ever thought about rating it on a scale of 1 to 10, with 1 barely moving the needle and 10 being a big, exciting WOW?
Back in the 1990’s I came across The Tightwad Gazette by Amy Dacyczn and the revolutionary idea-to me-of actually planning your spending, living a frugal life, and the proposal noted above of a Wow Factor scale. She recommended testing all spending with this simple rule. Basically, you just need to determine how much wow you are getting for the money you are spending. Continue reading
It’s tough to buy on impulse when you remove credit cards from the equation. On Father’s Day we went to an event at our local airport called Wings and Wheels. It’s a classic car show combined with a classic plane … Continue reading
Isaac Chaffee and his dad (Enemy Of Debt) give us our question today with a twist: If you experience a loss of income you should.. A) Cut spending and budget for essential needs in order of priority B) Keep the … Continue reading
The Little Things Will Hurt You’ve heard that by avoiding the $5 a day Latte will help you build wealth. It makes perfect sense when you run the numbers; $5 per day times 365 days per year equals $1,825 per year. If you only purchased a taste Carmel Latte on work days and assumed you [...] Continue reading
I found a great article on Kiplinger’s highlighting the opportunity cost of America’s trillion dollar deficit. Some numbers worth mentioning: a trillion dollars could buy 5.6 million homes. Or it could employ all 2.8 million residents of Kansas (including children) … Continue reading
In 2001 when George W. Bush took office, the national debt was $5.7 trillion. In his eight years as President, Congress managed to increase that debt to roughly $9.8 trillion. I say roughly because is depends on the date you … Continue reading
More money is spent on gardening than any other hobby. Find more fun facts and statistics about money at financialexcellence.net
Ok, admit it. Whether you’re single or married, sometime in your life you’ve probably argued with someone about money. If you’ve been in a relationship for any amount of time you’ve probably argued quite a lot about money. Continue reading
“For where your treasure is, there your heart will be also.” (Matthew 6:21) It’s been said that you can learn a lot about someone by looking through their trash. Continue reading