Saving money isn’t the only reason to walk away from a purchase. The Cashgab blogger asks, “What are you avoiding when you use spending money or shopping as a means to elevate your mood?” Some suggestions: a relationship in your life that needs repair, a new goal, a realistic assessment of a partnership or marriage,… Continue reading Say Yes to the Dress? Only If It’s For the Right Reasons
Category: Money Behaviors
“If Money Doesn’t Make You Happy, Then You Probably Aren’t Spending it Right”: Part 2
In the earlier posting on this article, we looked at Dunn, Gilbert, and Wilson’s persuasive assertion that “examining the basic scientific facts about happiness” would enable people to significantly increase the happiness their money could bring them. We also looked at the authors’ first three (of eight) principles for doing so: buy experiences rather than… Continue reading “If Money Doesn’t Make You Happy, Then You Probably Aren’t Spending it Right”: Part 2
Throw a Thrifty Summer Bash by Planning a Tailgate Party
Myscha Theriault says any occasion is just right for a tailgate party and provides some cost-saving ideas to pull it off. Location is key in terms of power supply, number of people, and event activities. She suggests keeping the menu low-key, whether or not you have electricity and water. Accommodating a variety of diets is… Continue reading Throw a Thrifty Summer Bash by Planning a Tailgate Party
“If Money Doesn’t Make You Happy, Then You Probably Aren’t Spending It Right”: Part 1
In a provocative titled, research-grounded, and thoroughly persuasive article in the Journal of Consumer Psychology—21 (2011) 115-125—Elizabeth W. Dunn, Daniel T. Gilbert, and Timothy D. Wilson argue that “If money doesn’t make you happy, then you probably aren’t spending it right.” In the article, they acknowledge that traditional research shows only a modest correlation between… Continue reading “If Money Doesn’t Make You Happy, Then You Probably Aren’t Spending It Right”: Part 1
Lessons from my grandmother
Jill Chivers says her grandmother was a conscious consumer and in this article she shares some of the ways her grandmother modeled living well and happily within her means. Buy well and don’t buy so much; better quality and less quantity. Instead of throwing clothes away, mend or re-purpose them. Be happy with what you… Continue reading Lessons from my grandmother
10 Signs You Shop Too Much
If you are concerned that your shopping may be out of control, check yourself against this list. You lie about your purchases or hide items. You don’t talk openly about your shopping habits. Your relationships are damaged by your shopping. You shop by yourself instead of with a friend who might challenge you on a… Continue reading 10 Signs You Shop Too Much
Needs vs. Wants
Financial Therapist, Coach, and Mommypreneur Bari Tessler Linden believes we need to clarify the difference between needs and wants if we are to have a healthy relationship with our money. She suggests we start by examining our past, asking ourselves if our needs as a child were met. If not, we may turn to overspending… Continue reading Needs vs. Wants
Shopaholic Says Shoplifting Arrest Was Her Wake-Up Call to Get Help
Ronnie Haring, a 38-year-old mother, is one of 6% of Americans struggling with compulsive buying. She describes the highs she experiences while shopping, as well as the shame she feels after returning home. She incurred thousands of dollars in debt by buying items in bulk: shirts in every color, every scent of hand soap, etc.… Continue reading Shopaholic Says Shoplifting Arrest Was Her Wake-Up Call to Get Help
How Much Can You Really Save By Penny Pinching?
Penny pinching may not lead to wealth, but according to experts, it can help you identify spending habits and set financial priorities. What is it that makes you feel deprived? What makes you feel empowered? Figure it out, gain control over your spending, and you’ll be surprised at how it can change your life. Be… Continue reading How Much Can You Really Save By Penny Pinching?
6 Ways Social Networking Sites Facebook and Twitter Can Hurt You Financially
If you are a Facebook or Twitter user, there are some potential consequences you may be unaware of. A new job or a promotion may hinge on your internet presence – the way you portray yourself online can matter. Beware of a detailed and updated profile. For example, if you advertise that you are leaving… Continue reading 6 Ways Social Networking Sites Facebook and Twitter Can Hurt You Financially