Archive for the ‘Budgeting’ Category

Two keys to spending financial windfalls wisely

Tuesday, April 19th, 2011

Financial windfalls, planned or otherwise, are almost always welcome additions to the family budget.  (No doubt they're preferable to large unexpected expenses!) Whether those financial windfalls are spent or saved wisely, though, is an entirely different matter.  Fortunately, it's not that difficult to put these windfalls to effective use.  Here are ...

Why I won’t even think about paying for laundry services with gas

Monday, January 31st, 2011

This is a lighthearted response to JD Roth's laundry agreement that he has with his wife.  The sound-bite version of this fascinating agreement goes something like this: JD and his wife, Kris, have kept their finances separate throughout their marriage. JD despises doing laundry and would do it only if there were ...

Our big spending weakness

Wednesday, January 19th, 2011

One big advantage of tracking the categories of personal spending is that you can see where the weak spots are -- categories that have grown a little too big for their britches and are ripe for cutting down to size. As I pile through a year's worth of financial statements in ...

Allowances for allowances

Thursday, January 13th, 2011

Kimberly Palmer, senior editor for US News and World Report and author of Generation Earn (see my review) posted yesterday on the smart way to pay kids an allowance.  She drew on statements from several experts who had researched the way children responded to different kinds of exposure to money ...