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Posts Tagged ‘frugal’

Do You Expect the Government to be Frugal? Really?

July 7th, 2010

There’s a decidedly strong backlash against government spending.

There’s always a backlash against government spending. It’s only right: we’ve all done our due diligence cutting our own spending, trying to invest properly, and finding new sources of revenue.

We’ve managed to create and live on a budget.

But here’s the thing.  This is nothing new. The movement to force government into the frugality has been going on for a long time. But, each time government services are cut, there’s a huge backlash against that, too. Reagan faced it. In the 1990s, when national parks began to close, budget-cutting was demonized.

What about earmarks? We all hate earmarks, but gladly vote for politicians who hold big check photo-ops into our neighborhood, right?

Here’s the question then: what are we prepared to do to make our government more frugal?

Read more…

Investing, Money, Online Investing AI, US Economy , , , , , , ,

How To Save Money For Your Family At The Cinemas

July 3rd, 2010

This is a guest post by Timothy Ng from Australia. Yay Australia!

Saving money at the movies is a challenge for many families when they choose a day out for fun. Unfortunately, the days when going to the movies was considered a “cheap” day out are gone unless you are money savvy. Today you can expect to fork out big if you intend to buy movie snacks, and thinking about bringing your own is about as ethical as bringing your own food to your neighbour’s house without a specific invite. It doesn’t work that way.

Luckily though there are ways you can maximize your savings.

Save money by being loyal

Most cinemas have some sort of loyalty membership that rewards you for visiting often. Some of them give you free popcorn while others offer you free tickets on a points system.

Read more…

Money , , ,

Quotable Money: Frugalites and Attitude Adjustments

June 8th, 2010

pic by stopnlook @ Flickr

There are always some great memes and ideas from around the personal finance web. Here are some thoughts and quotes I’d like to share with you.

“Just like a horse needs to wear blinders to block out distractions, you need blinders to focus on paying down debt. So what the heck are financial blinders? A budget and a debt snowball.”
Deliver Away Debt

“Definition of a Frugalite: One who is frugal, yet fun. A person who wants to save as much of their hard earned cash as possible – but in creative ways.”
Money Funk

“There are quite a few things that you can do to improve your financial and personal state without spending even a single dime. One of the biggest is simply improving your attitude – the way you interpret the things around you and the way you relate to others.”
The Simple Dollar

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Internet, Investing, Money, Online Investing AI , , , , , , , , , , , , ,

Stop Being Frugal! Start Being Balanced

January 11th, 2010
alamosbasement@Flickr

alamosbasement@Flickr

Frugality is in.

Excess is out.

Little cars rock.

Big cars don’t rule.

Live in a cabin, not a McMansion.

With hundreds of books, blogs, web sites, and gurus praising the new frugality, it may be a time to step back and wonder, “can there be too much of too little?”

The answer is yes. The reason is rooted in the human reaction to swing between extremes, instead of focusing on balance, the middle path. If you’ve been experimenting with the frugal lifestyle, here are some ways you can tell if you’re too frugal, so you can start being balanced.

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Investing, Money, Online Investing AI, US Economy , , , , , ,

Tap Into Technology To Take Your Black Friday 2.0

November 25th, 2009
tshein @ Flickr

tshein @ Flickr

This blog revolves around the idea that as technology gets more powerful, faster, and smarter, your pocketbook or wallet have to benefit.

New investment technology will improve your returns. New financial management tech will make saving and spending easier. The internet has created instant access to billions of global customers.

Now technology is taking on Black Friday shopping.

If you’re shopping on Friday–and God bless you if you are–here are some tools you can use to make the venture cheaper and safer.
Read more…

Accelerating Technology, Internet, Money, Online Investing AI, Success, US Economy , , , , , , ,

A Week of Wisdom: Seven Days Toward Financial Freedom

July 19th, 2009

I try to spend at least a portion of each day scanning through personal finance blogs–and other life improvement blogs.

It’s amazing what’s out there. In a week’s time, just by reading a post or two a day, you can learn the ins-and-outs about everything from how to start investing in stocks to how to join an organic farmshare to save money and eat healthier.

Here’s a collection of posts that I discovered this week that I think will be helpful on your own journey to unconventional wealth. (Please note: Most of the posts were written this week, but sometimes I stumble across an older post, I may have included that, too.)

Here we go:

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Dreams Come True, Great Books, Internet, Investing, Money, Online Investing AI, US Economy , , , , , , , , ,

Frugal Living Or Smart Spending

November 28th, 2008

Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones. — Ben Franklin

We’re about personal financial freedom and spending is, of course, one important arm of our financial Ben Franklinfreedom plan. The other two are making money and investing your money.

More and more people are reading and researching ways to save money; it’s called frugal living. But, I like to call it “smart spending,” just as I like to refer to Online Investing AI as smart investing. I am concerned that the drift to being frugal is driven by an emotion that is just as negative as greed: fear. Millions of Americans walked away from good investments during the 1930s because they were afraid to spend money. Millions passed on the stocks of great companies because they were afraid of the stock market. Millions of Americans rented because they were afraid to hold a mortgage.

These were costly, costly mistakes.

If you are cutting back on your spending because you are afraid or because you view the world as limited, you’re sending subtle, but strong signals to your habits and your reality.

Becoming a smart spender is simply a more rational way to approach the other side of your personal finance budget. You should spend and invest so that it meshes with your values. Spend money on things you enjoy. Spend money on people you love.

And this is a good time to explore these values. Are you buying that car because you like its performance, or because it will impress your friends? Are you adding that dress to your wardrobe because of its fit and comfort, or because of the designer’s name on the label?

Regardless, your financial choices shouldn’t be an attitude of lack or limitation, just a preference, to how you control your financial destiny.

 

Investing, Money, Online Investing AI , ,

Finding Black Friday Deals

November 26th, 2008

This post might seem a little out-of-place, but, check it out, it’s right on target.

Online Investing AI is about how you can use technology to master your personal finance picture and become financially independent, however you wish to define that.

Taking care of the other side of your balance sheet–spending–will be the topic of the next couple of posts. Technology can be used to help you spend your money better and, during the holiday season, you’ll probably need all the help you can get.

And, hey, deals are deals.

One of the biggest shopping days is Black Friday and, despite economic pressures, it’s likely to be the biggest shopping day of this year, too. Back in the day (and I go back in the day) you never knew where the big deals were until Black Friday hit and you could view the print ads in newspapers and magazines. So, you couldn’t really comparitively shop and plot strategies.

Some of the following enterprising web sites allow you to take a peak at the ads and circulars to get a jump on your Black Friday shopping plans.

 

 

 

Investing, Money, Online Investing AI , , , , , , ,