Is it Ever Ok to Bribe your Kids?

How do you get your children to do what you want them to? What do you do to encourage them to do certain things and to refrain from doing other things? Many parents have, at least sometimes, resorted to bribing their children. Is that necessarily a bad thing? Is it ever ok to bribe your kids? New findings reveal some interesting answers to these questions. First, it would be helpful to figure out what a bribe is (and what it isn’t). Author Ellen Perry points out that there is a continuum to be aware of. Motivation is one one end, … Continue reading

How Does the Government Shutdown Affect Me?

How have you been affected by the government shutdown that took place on October 1, 2013? Read on to find out what the shutdown means to you and your family. Why Did the Shutdown Occur Lawmakers are at an impasse on a bill to finance the government. As a result, only functions that are deemed essential will operate, while all others will be shutdown, and workers in those areas furloughed or experience a delay in pay. Ironically, the shutdown may wind up costing taxpayers money down the road, since the process to initiate a shutdown does not come cheap. Mail … Continue reading

Debt and Marriage: How It is Tough to Love When You Owe

Many couples enter into a marriage with debt already in hand. Others accumulate debt together. Either way, nurturing a loving relationship can be hard when debt is hanging over your head. In fact, according to a study by Jeffrey Dew at Utah State University, couples who reported disagreeing about finance once a week were over 30 percent more likely to get divorced than couples who reported disagreeing about finances only a few times a month. Another inference can be made from this study: there is a whole lot of disagreement about money out there. Debt is a source of contention. … Continue reading

Touring the City on Less: Food Extravaganza

The summer and fall are great times to tour a fun city. Of course, you want to do it for less. Yesterday I shared the money-saving way to save on transportation around the city. If you missed that post, you can find it here. Today it is all about having a food extravaganza. Part of the fun of visiting a city is all of the great food that you can try. Most cities offer a variety of great food, different fusions and ethnic dishes, traditional and down home fare. It would be a shame to waste this opportunity because of … Continue reading

Working From Home Could Save You Money

If you work outside of the home and you are considering switching to working from home, you may be wondering whether you can afford to make the switch. You know how to make your family’s finances work with your current income, at least most of the time. You are wise to be wary because many home-based businesses do take a while to start making money, but the transition may be more affordable than you think. The reason for that is that, simply stated, working from home cuts your expenses in a number of ways. For example, unless your home-based business … Continue reading

Independently Frugal

Being frugal takes a bit of an independent streak, a willingness to take the road not travelled by most of the world. Buying the things that we want when we want them at whatever price is available seems to be the thing to do. Oh sure, most of us still look for bargains, but when we really want something, we usually buy it anyway. It takes the ability to not follow the crowd, when you shop at thrift stores, make your own laundry detergent, cook from scratch and spend the summer hunting down free entertainment. With the recession, came an … Continue reading

Protect Your Parents Money: Budgeting

You may be caring for aging parents now or in the future. Protecting their financial assets is an important part of that care. What you might not know, though, is that the financial status of your mom and dad could have a big impact on your own family budget. You’ll need to take the following steps as soon as possible to protect their and your future. Just to clarify, you are not legally responsible for your parent’s debt, unless there is no debt that you acquired jointly or no joint assets that have claims against them. Still, it often falls … Continue reading

Don’t Let Your Finances Hold You Back from Your Dreams

Stuck in a rut? Want to embark on a new career, become a stay at home parent, go on a fabulous vacation, buy a new home? Whatever your dream for yourself and your family, don’t let financial trouble get in the way. You can fulfill your dream despite poor finances if you stay focused, have a plan and spend your energy on working toward your dream. The first step is really make your dream a real goal. Write it down, tell others about it, find a picture that represents your dream and paste it in a prominent place. Next, figure … Continue reading

Save Me Sink Fund

If it wasn’t for our sink fund, we would be in a lot of trouble this week. In fact, even with the sink fund, things are looking a little shaky. This week alone, we lost our water to our house faced with a major repair costing a few thousand dollars to a truck we just bought, after already sinking $500 into this same truck.  Sigh. It has not been a good few days financially. We’ve only owned the truck for about four weeks, did all of our homework, bought it from a relative, and did everything we could have to … Continue reading

Summer Crime Prevention

We talk a lot about saving money and earning money for financial freedom, but today I want to address loss prevention, that is, preventing your hard-earned possessions from being stolen. According to our county police department, robbery and home crime goes on the rise in the summertime. There are a number of reasons for this. Families go on vacation, leaving homes unattended, older kids are out of school and may want to cause some mischief in the form of vandalism, people are more relaxed and often leave doors and garages unlocked. You may have a thief watching your home right … Continue reading