Category Archives: Spending

So, Why Is the Lottery Not a Good Investment?

So, you can probably guess that playing the lottery (and most other forms of gambling) are poor ways to invest your money for the future, but do you know why? I comes from the idea of expected value. Expected value … Continue reading

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Furnish Your Home Cheaply

Do you have the same problem I have – more apartment than stuff?  Do you want to fill it with somewhat inexpensive things of reasonable quality?  Are you disinclined to be squeamish about using a dead person’s stuff?* Then maybe … Continue reading

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Ask An Advisor: Charity Scams

Dear Abigail, I have a dear friend who recently realized he was duped by an organization claiming to benefit disabled veterans and their nonprofit caregiver organizations.  There was a national news story a few weeks ago that revealed the truth … Continue reading

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Collecting as an Investment – Some Thoughts

Lots of us have collections.  Something catches our fancy, and we get the “bug.”  Collecting is a fun and rewarding hobby, but it can get out of hand in a flash.  Here are a few thoughts on managing a collection, … Continue reading

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When Is Homeownership Like Playing In The Road?

So, I skimmed “The Single Woman’s Guide To Real Estate” by Donna Raskin this weekend, because, hey, I’m a single woman, and I’m interested in real estate.  Funny thing, though; the book was written in 2006.  Do you know what … Continue reading

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Overcoming Unreasonable Financial Expectations

Do you find that some days it just feels like everyone is richer than you?  Read this, and feel better about your financial life. This morning I got a text from my sister that reminded me that being a financial … Continue reading

Posted in Financial Planning, Spending, Vision and Goals | Tagged , ,

An Adventurous Palate Can Give You Easy Grocery Savings

Does healthy eating make your both your physique and wallet lighter?  If you’ve got an adventurous spirit and want to save a few bucks on filling your stomach, have I two simple tips for you:  take a look at your … Continue reading

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What Does The Lottery Really Cost?

I’ve met more than one person, in my time, who has a lotto habit.  Now, I’m not going to knock playing the lottery every once in a while, since it’s cheap thrills; but I do want to show what it … Continue reading

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A Moment of Perspective

“The use of money is all the advantage there is in having it.” – Benjamin Franklin It’s easy, when you concentrate on measuring, acquiring, and protecting money to forget that it’s a medium of exchange.  The only value money has … Continue reading

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But If Everyone Quit Spending On Credit, Our Economy Would Collapse!

Have you ever heard this argument before? If everyone      action phrase     , then      horrible outcome     !  Therefore we shouldn’t advise that people      action phrase     . But if everyone quit spending on credit, our economy would collapse, because no one would buy anything! There … Continue reading

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The Vice of “Making Do”

Show of hands:  who here thinks of “making do” as a good thing?  Now I can’t see through the computer, but I’m pretty sure that you’ve got a warm spot in your heart for “making do.”  It’s quintessentially American and has … Continue reading

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The Ultimate Guide To Saving Money

Do you want to save money but don’t know where to start?  Do you get confused by all the different and conflicting advice on saving money?  Never fear, in one short post I will show you how to save money.  … Continue reading

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Balancing Stuff and Happiness

Here’s a brief, clever lecture from the TED series about the relationship between stuff and happiness.  I love the modular apartment design!  I also like the message of prioritizing your stuff.

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This Is Why I Don’t Buy Coach Purses

… (among other reasons.) So, have you ever seen someone strutting around with an expensive handbag, yet dressed in cheap clothing and getting into a junky car?  Please tell me I’m not the only one who’s noticed this. Perhaps it’s … Continue reading

Posted in Credit, Spending | Tagged , , , , | 1 Comment

Bankruptcy: Will It Really Solve Your Problem?

People file for bankruptcy for a variety of reasons, the most common being that they can no longer pay their monthly bills.  This can happen for a variety of reasons, such as loss of income or increasing expenses. There are … Continue reading

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