Showing posts with label Thrifty Living Series. Show all posts
Showing posts with label Thrifty Living Series. Show all posts
Thursday, March 8, 2012
Some Favorite Websites....
I've been a little under the weather this week but as part of my ongoing Thrifty Living Series, I wanted to share a couple of my favorite sites. I read them regularly and can't say enough how inspirational I find them! The thing that I find most intriguing about all of them is that they promote living the best you can....even if it's on very little. The truth is that our attitude's will determine how successful we are at living within our means. Please be sure to check them out and them out and let me know what you think!
Friday, March 2, 2012
Book Review - Financial Peace Revisited....
Good morning!
It's been a while since I've done a book review but since this one goes along with the ongoing Thrifty Living Series, I thought it would be a good time to share my thoughts.
For any one who is searching for financial books, Dave Ramsey is no stranger. I've heard him many times on the radio and have read about his advice on several of the blogs I follow so I thought it was time for me to read one of his books myself.
While all of the chapters weren't applicable to us, Dave's straight shooting choice of words were appreciated by both my husband and myself! Here are some basic points he covered:
1. You must cut back on your lifestyle.
2. Pay your tithe first and yourself second. 10% recommended in both cases.
3. Do not go into debt for anything.
4. Do not make financial decisions based on how someone else views your choices.
5. Build an emergency fund of 3-6 months of expenses.
6. Plan for the unexpected because it WILL happen.
7. Create a "sinking fund" savings account for large purchases.
8. Let compound interest work for you and not against you.
9. Reduce risk by diversifying where your money is.
10. Disciplined savings wins out over mutual funds, stocks, bonds, commodities, etc.
11. Fully fund Roth IRA's.
12. Make sure adequate insurances are in place.
13. Participate in 401(k) programs and take advantage of employer matching funds.
14. Pay off your house if applicable.
15. Give and keep on giving.
Overall, we agreed with most of what Financial Peace said. We live very similar to the items listed above. There was one point in particular I found distasteful and it was when Dave referred to salesmen in a rather unflattering way and seemed to encourage an attitude that I would rather not take upon myself. In my personal opinion, I never want my character to be brought into question! Even if it could save us some money....
I'd love to hear your thoughts on the Dave Ramsey plan. Have you read any of his books? Listened to his radio program? Do you adhere to any of his teachings?
Have a good weekend!
It's been a while since I've done a book review but since this one goes along with the ongoing Thrifty Living Series, I thought it would be a good time to share my thoughts.
For any one who is searching for financial books, Dave Ramsey is no stranger. I've heard him many times on the radio and have read about his advice on several of the blogs I follow so I thought it was time for me to read one of his books myself.
While all of the chapters weren't applicable to us, Dave's straight shooting choice of words were appreciated by both my husband and myself! Here are some basic points he covered:
1. You must cut back on your lifestyle.
2. Pay your tithe first and yourself second. 10% recommended in both cases.
3. Do not go into debt for anything.
4. Do not make financial decisions based on how someone else views your choices.
5. Build an emergency fund of 3-6 months of expenses.
6. Plan for the unexpected because it WILL happen.
7. Create a "sinking fund" savings account for large purchases.
8. Let compound interest work for you and not against you.
9. Reduce risk by diversifying where your money is.
10. Disciplined savings wins out over mutual funds, stocks, bonds, commodities, etc.
11. Fully fund Roth IRA's.
12. Make sure adequate insurances are in place.
13. Participate in 401(k) programs and take advantage of employer matching funds.
14. Pay off your house if applicable.
15. Give and keep on giving.
Overall, we agreed with most of what Financial Peace said. We live very similar to the items listed above. There was one point in particular I found distasteful and it was when Dave referred to salesmen in a rather unflattering way and seemed to encourage an attitude that I would rather not take upon myself. In my personal opinion, I never want my character to be brought into question! Even if it could save us some money....
I'd love to hear your thoughts on the Dave Ramsey plan. Have you read any of his books? Listened to his radio program? Do you adhere to any of his teachings?
Have a good weekend!
Monday, February 27, 2012
Thrifty Living Series, Pinterest and an Award.....
Good morning friends....well, I guess it's actually afternoon now that I glance at the clock! :o)
After my post on Friday, I spent most of my weekend with all kinds of things whirling around in my mind. I've decided to go ahead and do a Thrifty Living Series because I can't possibly be the only one who is concerned with the way things are going in our world today! I invite you to join me on this journey and would love it if you would let me know you are reading from time to time.
Leave it to pinterest to sum up my thoughts perfectly!
Before I go, I'd like to say thank you to my special friend Sue who blessed me with an online award this weekend....I'm touched and honored that you thought of me my friend! While I don't tag others with awards myself, I am very thankful for our online family! If you get a chance, please drop by Sue's blog and give her a little love....
Have a good day!
Linking to: Natasha in Oz.....
After my post on Friday, I spent most of my weekend with all kinds of things whirling around in my mind. I've decided to go ahead and do a Thrifty Living Series because I can't possibly be the only one who is concerned with the way things are going in our world today! I invite you to join me on this journey and would love it if you would let me know you are reading from time to time.
Leave it to pinterest to sum up my thoughts perfectly!
Before I go, I'd like to say thank you to my special friend Sue who blessed me with an online award this weekend....I'm touched and honored that you thought of me my friend! While I don't tag others with awards myself, I am very thankful for our online family! If you get a chance, please drop by Sue's blog and give her a little love....
Have a good day!
Linking to: Natasha in Oz.....
Friday, February 24, 2012
Seriously?! Alright, Now What?
Over the last few weeks it's been all over the news that gas prices are going up and will continue to go up with some places reaching $5.00 per gallon. Yesterday, our gas station right around the corner raised their price from $3.86 a gallon to $4.06 a gallon! In one day! So that got me thinking about all kinds of stuff....and wondering how your families are making it through this recession with increasing prices.
Chris and I are no strangers to cutting back, and a lot of the things that I do (or don't do) is a direct result of recognizing what's most important to us. It's no secret that I am a stay at home wife and I believe that that is the place that I'm supposed to be but there are challenges that we face in order to maintain that. We've done the dual income, full time, hardly see one another, 1850 square foot brand new house thing and it simply didn't work. I believe women are the keepers of the home and our presence and attitudes set the tone for family atmosphere so how do we balance that with the extra challenges we are facing?
I'd love to hear any input that you may have and how you stretch your dollars and time into a thriving home. And is this something that you would be interested in turning into an ongoing Thrifty Living Series?
I hope to hear from you soon!
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