The Biggest Hurdle to Living Debt Free
An interesting perspective on how watching TV affects our perceptions of money. Seriously, how on earth could Monica and her Friends afford to sit around the coffee shop all day every day, only rarely remembering they needed to go to work, and still afford a two bed-room, spacious apartment in NYC?
Is the “Increasing Income Gap” a Myth?
Semi-related to the pervious link, this article has some interesting points about the truth about the inequalities in income between the upper/middle/and lower classes. The comments spur an interesting discussion, too, about what it means to live like a “rich person.”
Four Things They Didn’t Tell You About Life
I’m not sure who “they” is, but this post makes some interesting points. One I especially liked was “It’s About Who You Know.” The author points out that you can make connections with everyone – not just the CEOs – and you never know when those connections will be helpful to you. I’d add that you never know when those connections might allow you to help someone else.
Relationships and Money
How do your relationships affect your finances? Do you have helpful relationships – ones that balance out your tendency towards overspending or being miserly? Are you able to share the household chores (including managing the finances) with a spouse or roommate? Interesting article about how those relationships affect your money.
Six Steps to Getting a Grip on Your Finances
One note: the above post has some bad language in it, so skip this one if you’re sensitive to that. The post itself still has good info, though, if you can overlook that.
Favorite quote: “Not knowing how much you owe can make you feel better.” This is so true! But “feeling better” doesn’t mean that you are making progress or making things better for yourself and your family. That can only come when you know where you are and where you want to go – so you can make a plan to get there.
This comment was also helpful for me: “Even if you pay off a good amount of your debt, do not grow lazy and start paying the minimum.” We’ve definitely done that this month – we’ve gotten lazy.
Top Reasons Why People Switch Banks
Are you considering switching banks? Read this to find out more info.
Folly of Paying Someone to Cook for You
This is a major problem in our budget right now, and I was hoping for some very practical advice on how to wean ourselves off this habit of eating out. However, “move to a place with fewer options” really isn’t in our game plan right now, so I’m going to have to keep reading. Still, some interesting thoughts on why it costs more to eat out.
What did I miss this week? Let me know in the comments!