Thursday, September 9, 2010

Budgets Aren’t Suppose to Work. You Are.

Ramit Sethi, a personal finance blogger I greatly admire and respect, recently bashed budgets again in a post entitled 7 Lies We Tell Ourselves About Money. In lie number 3, “I’m going to start keeping a budget,” Ramit correctly identifies why people don’t track their spending: It’s hard, It makes you uncomfortable, and It’s easier to [...]

The Last 5 Questions to Ask Yourself Before Buying Anything

The previous post dealt with The First 5 Questions to Ask Yourself Before Buying Anything. Here we’ll primarily address what to do if you haven’t convinced yourself not to purchase a particular item, or you don’t know how to get it for free. Before you open your wallet, ask the following: 1. Can I borrow [...]

Are You Generous or Spineless?

The likelihood of us becoming close friends is inversely related to your propensity to hassle me. Words generally used to describe me are “smart,” “sarcastic,” and just plain ol’ “awesome.” Over the years, I’ve managed to escape labels such as “generous” or “giving.” Why? Again, because I don’t want to be hassled. You need a [...]