Is your child ready for a credit card? Last week Bargain Babe shared how her allowance helped her learn to save money and that got me thinking about what my parents did to teach me about finances. I began working at 16, got my first debit card that same year, and was given a credit card at age 18. Among my friends I am one
Help! I See Nice Things and I Want Them
I’m constantly wrestling with the temptation to upgrade. Upgrade what? Our cars, our pillows, our home decor, EVERYTHING! Take our knives, for instance. We have one high quality chef’s knife and a bunch of lower quality knives that do the job but aren’t exactly sturdy. They need to be sharpened once a year. I would love to have higher quality knives, including a sturdy chef’s
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$1,730 Beef Bill: How Much Do You Spend on Meat?
Have you ever bought a side of beef? Or bought meat directly from the farmer? (Like we do in our CSA). It’s cheaper than buying meat from the grocery store or butcher – cut out the middleman – and if you buy a side of beef that comes from a grass fed cow, the savings are even greater. All you need is a spare freezer and
How to Learn to Code For Free: 8 Essential Resources
Learning how to code may be the best way to secure your or your children’s financial future. “By 2020, U.S. universities will not be able to fill even a third of the country’s 1.4 million computing positions with qualified graduates,” said a recent Time article. Learning to code translates into guaranteed job offers, then. The good news is that learning computer programming no longer requires advanced study in
What Did Allowance Teach You About Money?
I foresee huge fights between my husband and I over allowance. Should we give our children an allowance? I got an allowance, he didn’t. We both think “the way our parents did it” is the right way. We are still several years away from this issue, but I’m already bracing for it. I believe receiving an allowance was the start of my financial education –
Five Surprising Dollar Store Facts
As a bargain shopper the dollar store is one of my favorite places to shop, so I thought I knew everything there was to know about shopping there. I was wrong! Here are five dollar store facts that will surprise even frequent dollar store shoppers. 5 fascinating facts about dollar stores
The Case for Child Labor: Roth IRA For Kids
After reading an article in the NYTimes that urged teens to drop their summer job money into a Roth IRA, I thought, why stop there? Why shouldn’t parents set up a Roth IRA retirement account for their young children? Roths must be funded with earned money – so why not put their babysitting money into a dependent Roth IRA and let them enjoy the results of
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6 Essential Lessons to Avoid Debt
This past year I graduated college debt free…which makes me an anomaly among my friends. Many of my friends owe more than $50,000 (my boyfriend has more than $150,000 in college debt!) and have no strategy for paying it back. Many of them know almost nothing about how to manage their finances and are unaware of how costly high interest rates are! I was lucky enough to have
The Eight Online Retailer Essentials
Entrepreneurs have taken advantage of the rapid growth of the e-commerce industry. The proof? One article published in Forbes says that there are 102,728 e-commerce retailers in the US that are making at least $12,000 per year. These figures were determined using various sources by ReferralCandy, a company that automates and customizes referral programs for online stores. There are many reasons why majority of businesses,
My Terrible Experience with Petro Home Oil
After being a Petro customer for 8 years, I would not recommend them. We have paid above market rates for home heating oil, they let our oil tank zero out, and we did not receive a tune up for 27 months. Find a company like Anchor or Nite Oil that will charge you market rates for oil and leave fixes up to a pay-by-the-hour technician. If you do
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Who Puts More on Your Credit Card? You or Hubs?
They say women handle 70% of household spending, which is why so many marketers gear their products and commercials towards us. (When’s the last time you saw a man in a cleaning ad?) I was curious if this rule held true for my husband and I, and if poking around our spending habits could shed light on ways we can save more money. Who spends
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