Why you shouldn’t feel guilty about saving money : July Net Worth Update 2015 (+2.29%)

MONEY ISN’T EVERYTHING   It has always been hard for us to say no to our friends and family when the money wasn’t in the budget to do certain things. Saving money certainly does come with its ups and downs. Whether it would be taking a weekend getaway with family or spending more at Christmas on gifts we always stood our ground. There have been times we felt guilty that we didn’t participate in certain activities but money doesn’t grow on trees. Sometimes I believe that feeling guilty about money started when I was a young boy. When I earned my allowance I wanted to spend it when I could in moderation. Anytime I did want to spend money my mother or father would guilt me into saving it,”One day you will understand son”. As a child you feel guilt but in reality my parents were only teaching me money lessons. I think over the years now that money has become a guilty pleasure of ours. We’ve since learned to embrace our finances because if saving money is on the menu that means dessert is just around the corner (goals). You can eat your dessert first (debt) but it may […]

How do you save money?

THERE’S ALWAYS A WAY   I want to learn more about the savings task that so many people struggle with. So tell me, How do you save money? We all tend to save money a little differently but for many reasons not necessarily for the long-term. Today I want to walk you through conversations I’ve had with a homeless person and a homeowner to understand how saving money differs depending on lifestyle.   Save money…. What is that?   So many people laugh when they read about saving money because they believe there is no such thing. This is a common mindset we have because we believe that if we don’t have excess every month then there is no possible way. Most people who do manage to save, find a way. There’s more to saving money than living frugal meaning you save money on sales etc. People easily overspend while simply shopping for food and other items on sale. That’s why the term “window shopping” is the best way to shop if you don’t really need to buy anything. Leave your wallet at home. Do we really know where our money is going?   A homeowners struggle to save money […]

How to purchase the right home appliance the first time

OWNING A HOME COMES WITH A PRICE TAG   Major appliances are a costly home purchase so when they go on the blitz it’s important to make sure you have emergency savings in the budget or potentially be left without until you can afford new or second-hand. My family has been shopping in the appliance market this last month and while it has been an interesting experience for all of us, I have a learned a few things to keep in mind for future purchases. Being my first time as part of the decision-making process while shopping for a new fridge and stove, I think I did pretty well. Buying new appliances should be easy right? While purchasing the appliances for my home was a fairly smooth process, what my mom endured while buying a new fridge for her kitchen was not so much.  Even after a minor shipping fiasco I am 100% satisfied with the customer service I received and the purchases made. Both my fridge and stove were to be delivered together but somehow they ended up on separate delivery trucks. After originally being told I would have to wait until the following day for my fridge to […]

%d bloggers like this: