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Category: Money Behaviors

The Conversation You’re Not Having, but Should Probably Start

Alarming statistics include the fact that 50 percent of Americans have less than a month’s worth of savings for emergencies. One in four of us have no savings whatsoever. More than half of us have no budget. Credit card debt averages $15,000. That is the tip of the fiscal iceberg. While this debt looms, no… Continue reading The Conversation You’re Not Having, but Should Probably Start

How to Budget: Avoiding Retail Therapy

In these times of economic downturn, it is crucial that people take control of their finances. In every adversity are the seeds of equal or greater benefit, and that includes the current economic climate. Let the uncertain times be a motivator for you to think seriously about taking control of your spending and your life.… Continue reading How to Budget: Avoiding Retail Therapy

Thriving During Buy Nothing New Month

October is Buy Nothing New Month (BNNM). Who knew? It was started three years ago inMelbourne,Australia. The organizers of BNNM ask consumers to think about the origin of the things we buy. When you see an incredibly cheap tee-shirt, ask yourself what the real cost might be in terms of human suffering or environmental destruction.… Continue reading Thriving During Buy Nothing New Month

Shopaholic: Seven Signs You’re Addicted To Shopping

When purchases go from impulsive to compulsive, you may have a serious problem with shopping addiction. There are seven signs that you are addicted to shopping as enumerated by Renee Morad from MoneyTalkNews: 1) You have many unopened or tagged items in your closet. 2) You often purchase things you don’t need or didn’t plan… Continue reading Shopaholic: Seven Signs You’re Addicted To Shopping

Compulsive Shopping: The Applauded Addiction

Madame Bovary, in Gustave Flaubert’s first novel, was imprisoned in a gilded cage. In order to escape her prison, she indulged in living beyond her means. She moved on to adulterous affairs and, after driving her family into the poor house, she committed suicide in shame. This serves as a cautionary tale to women crowding… Continue reading Compulsive Shopping: The Applauded Addiction

Six Traits of Financially Smart Women

Women with fiscal acumen have several traits in common. First, they abide by a realistic budget and regularly save money toward a predetermined goal. They know the difference between returns on various savings’ programs. These women often have a financial planner or accountant. They are not hooked on credit cards. In fact, they may rarely… Continue reading Six Traits of Financially Smart Women

Why Are You Over Spending?

There are several reasons why people end up living beyond their means. Even if someone creates a budget and has all the best intentions to live within that budget, several factors can cause the fiscal train to go off the rails. Putting the brakes on runaway spending may be a matter of keeping better track… Continue reading Why Are You Over Spending?

Nine Incredibly Powerful Money Lessons I Wish I Had Learned at 18

Would it have changed things for you if someone had told you these nine things? 1. You’ll thank yourself for saving money. 2. Small expenses can creep up on you. 3. You can easily have fun on a budget. 4. It’s worth investing money in self-improvement 5. Community college is a strong option after high… Continue reading Nine Incredibly Powerful Money Lessons I Wish I Had Learned at 18

We Did It! Debt Free!

It is so wonderful the hear the stories of people who have taken control of their spending habits and climbed their mountain of debt to plant a flag of success on the top. This is the story of a couple who started their journey with over $100,000 of debt to surmount in the form of… Continue reading We Did It! Debt Free!