Happy Friday! May is officially here, so I hope Spring is in full bloom wherever you are. I did hear that parts of Minnesota had snow on Thursday, which is hard for this California girl to imagine. š It’s been another fantastic week as I received a ton of great feedback on my post, The Sweet Spot: Where Spending and Frugality Coexist, which I really appreciate.
As I have said multiple times: Money is emotional. Some people believe their money entitles them to treat others poorly—not true at all. Nothing entitles you to behave that way. While others struggle to use their money in a manner that feels good to them and fills them with joy. It takes a few tries to figure out your personal saving and spending mix, but once you can joyfully spend your money on the things that matter to you without creating debt or worrying whether others approve, you’ll be glad you took the time to find your sweet spot.
And on a humorous side note … I saw a definite increase in porn spam after Monday’s post. š
There were lots of great posts this week, so without further ado, here are my favorites. Enjoy!
Getting out of debt is not for the faint-hearted. It takes a lot of work and time. As Laurie, from The Frugal Farmer pointed out in Fighting Boredom and Restlessness as You Work on Long-Term Goals.
Jefferson and Michelle from See Debt Run recently became debt-free. Congratulations! Jefferson wrote a great post on Taking the First Step Towards Debt Freedom for all those ready to join them and live debt-free.
Uncle Greg or half of the fabulous duo at Club Thrifty wrote Dear Becky: A Letter about Retirement Planning extolling all the reasons why saving for retirement might be even better than a fancy tattoo.
Brian at Luke 1428 immediately caught my attention with the words “personal finance high school class” as he asked his Students to Comparison Shop for Generics and Save Big as a classroom assignment. A great lesson to teach the young and old.
These are mistakes I regularly see as a financial advisor and Sean from One Smart Dollar did a great job articulating The Five Biggest Money Mistakes Couples Make. A must read for couples.
ThriftGenuity is a new blog I recently discovered (thanks for commenting, so I could find you!) and if you haven’t visited his blog, definitely check it out. In his post, Life and Debt: What Would You Do? Greg asks for some advice on how much paying down debt should weigh in making important life decisions. Go give him your two cents.
As a relatively new blogger, I appreciate Jeremy’s Guide to Blogging over at Modest Money. In his latest post, he talked about the importance of Mastering Efficient Blog Time Management. A skill I definitely want to master!
If you’re in debt, getting out of debt is your #1 priority (hopefully), but it doesn’t have to be an either/or situation as Johnny Moneyseed noted in Learn How to Invest When You Still Have Debt. An excellent idea and one I strongly encourage you to do too.
Have a wonderful weekend, everyone!
The Heavy Purse Store is now open! My new downloadable Money Club Workbooks are now on sale. Each workbook provides five targeted lessons to help you raise Financially Confident Kids. Please check them out in The Heavy Purse Store.
Photos courtesy of www.freedigitalphotos.net.
SHANNON RYAN, CFPĀ®
P.S. - Sorry about all the porn spam. I'll stop sending to you.
Just like with search engine optimization and the new resume keyword optimization, it's always a surprise what people look for :)
Great article this week and thanks as usual for all the help.
Have a great weekend :)
Have a great weekend Shannon.
Have a great weekend Shannon!