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Around the Interwebs – Week of September 6th

Ah hem, I have announcement:


There is a brand new feature on Richly Reasonable this week, the RR Money Survey (look down below!).  Please take all of 10 seconds to fill out this 10 question, soul-searching, non-scientific survey. It’s for posterity, and posterity thanks you.

The results will be posted here when I’m good and ready, or adequate data has been collected, one of the two.  Thanks!



 


Carnival

Without further ado, these are the carnivals where I was featured this week.  Enjoy!

Best of Money Carnival @ Matt About Money – The New Frugality  


Festival of Frugality @ Budgeting in the Fun Stuff – Value Size 



Carnival of Personal Finance @ Sustainable Life Blog – Money-Proof Your Relationship


Carnival of Money Stories @ Eventual Millionaire – Judge Not, Lest Nobody Like Ye

As long as you are browsing the interwebs, here are some of the articles that I found worthwhile this week:


Tax Rates By Country @ Squirrelers


Sun Tzu’s Art of War Applied to Your Battle Against Debt @ Financial Samurai

Top 10 All-Time Best Money Movies @ Budgets are Sexy


Article publié pour la première fois le 10/09/2010

1 comment

Screen shot 2010-10-18 at 10.27.56 AM I caught this "snapshot" in USA Today last week; or was it over the weekend?  Who cares, I was on vacation.  

Interesting isn't it?  I love these little editorial-less blurbs because they allow you to infer what you will without someone feeding you their own conclusions.

As always, I'm no expert, but I do find it amusing to speculate on the human element behind the numbers.   

 

Muse with me:  Why would people with lower incomes be more confident about retiring early than people with higher incomes?


1. People with lower incomes are better savers than people with higher incomes.

A person with a lower income could have more motivation to spend their money more wisely and make it go further.  A small income can result in the cultivation of frugal habits like clipping coupons, budget keeping and stealing your neighbor's cable (alright, not the last one).

 

2. People with higher incomes were more heavily invested in the stock market prior to the market crash

A severe dip in your portfolio would make you less optimistic too. 

 

3. People with lower incomes can predict the future better than people with higher incomes OR vice versa.

Only time will tell which earners are correct with their predictions, or if anyone is even correct at all.  I, for one, frequently get the feeling that everyone knows something that I don't, so it is entirely possible that they do…  

 

4. Different Incomes = Different Retirement Expectations

How much money you "need" in retirement largely depends on your lifestyle pre-retirement.  As financial experts rarely agree on anything, the "rule" for retirement income varies from 70% to 80% to 90% of your current income. 

It goes without saying (so I'm not sure why I'm saying it) that X% of $20,000 is going to be less than X% of $100,000.  Maybe the "rich" people have further to go.

 

What do you think?  Are any of these explinations more likely than the others?  Got any theories of your own?

Article publié pour la première fois le 20/10/2010

1 comment

5 Cheap Ways to Eat Out

I'm on vacation!  But I'm still looking out for you personal-finance-hungry mongrels; feeding your addiction… While I bask in the beautiful Georgia sun, enjoy a guest post with a juicy bit of saving intel. 


Eating out is always a treat, when someone else is doing the cooking and the washing up and you can concentrate on spending time with your family or friends over delicious food. However, with budgets tightening, there may be fewer chances for you to loosen your belt in appreciation of a good meal out.

Instead, you need to be smarter about the way you eat out, because it can be done cheaply, and you don’t have to compromise on any of the quality or the experience. Firstly, you will need to plan your dinners out into your budget – eating out appears to cost you so much because you do it so often. However, if you plan to go out just once every second week or once a month you will find the expense can be affordable. You can even choose the restaurant in advance and pick up a menu or view it online to help you plan your budget even more accurately.

Also remember that it doesn’t hurt to be nice, and if you find a restaurant you like, sign up to their mailing list or fill in a feedback form and you are likely to receive discounts and vouchers, and notifications of specials and promotions. In addition, you can follow these five tips to eat out on the cheap.

1 – Look for a local family restaurant

This doesn’t have to be a family friendly restaurant, but rather a family owned and run restaurant which has an authentic, ethnic style, as their meals are likely to be more affordable than the glitzy restaurant on the main road. The restaurant may be smaller and have fewer staff, but that also means they have fewer overheads, and running their business on a smaller scale, family restaurant owners are able to maintain good quality affordable meals, so it pays to seek out your local gem.

While you’re looking, keep an eye out for new restaurant openings. You may see the signs or you may receive a flyer in your mail box, but often new restaurants will run specials or offer coupons to entice you in to try them out.

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Article publié pour la première fois le 14/10/2010

4 comments

Around the Interwebs – Week of October 4th

Carnival


Here are the carnivals where I was featured this week.  Enjoy!

 

 

Best of Money Carnival @ Money CrushWhy Diets Fail & Saving is Difficult 

Carnival of Personal Finance Editors Choice @ US Money NewsMoney Love, Part One

 

 

These are some of the articles that I found worthwhile this week:

Can You Eat Well fo $1 a Day @ KNS Financial

5 Dumb Ideas That Made Millions @ Yes, I am Cheap

Excusing Bad Behavior @ Punch Debt in the Face

 

Find more amazing reads by browsing through the Yakezie Blogroll.

Article publié pour la première fois le 08/10/2010

2 comments

Yakezie Blogroll

”The

 

 

20’s Money

Barbara Friedberg Personal Finance

Bargaineering

Beating Broke

Bucksome Boomer 

Budgeting in the Fun Stuff 

Canadian Finance Blog

Consumer Boomer

Consumerism Commentary

Cool to be Frugal

Couple Money 

Darwin’s Money

Eliminate the Muda

Engineer Your Finances

Evolution of Wealth

KNS Financial

Family Balance Sheet

Financial Samurai 

Fiscal Fizzle

Free from Broke

Frugal Zeitgeist

Funny about Money 

Girl with the Red Balloon

Invest it Wisely

Len Penzo

Little House in the Valley 

Live Real Now

Managing Money God’s Way

Maximizing Money

Monevator

Money Beagle

Money Crashers

Money Funk

Money Green Life

Money Help for Christians 

Money Reasons

Money Crush

My Dollar Plan

My Financial Objectives

My Journey to Millions

Nerd Wallet

Not Made of Money

One Money Design

Out of Debt Again 

Peak Personal Finance

Personal Finance by the Book

Personal Finance Journey

Punch Debt in the Face 

Redeeming Riches 

Saving Money Today

Single Guy Money

Single Mom, Rich Mom

Smart on Money

Squirrelers 

Sustainable Life Blog

Sweating the Big Stuff

The Centsible Life 

The Millionaire Nurse

The Saved Quarter

The Debt Hawk

Tight Fisted Mister

Ultimate Money Blog 

Live Real Now

Wealth Pilgrim

Well Heeled Blog

 

 

 

 

 

 

Article publié pour la première fois le 15/09/2010

0 comments


Tax season has come around again, which makes many of us question the true value we get for paying our taxes.  The same questions of value are typically asked about insurance as well, which often costs more money than many of us feel is worth spending.  It can be frustrating to find an affordable plan with adequate coverage, especially with so many plans and prices on the market.

However, acquiring the right insurance plan is usually secondary to finding the right provider.  The right provider is an insurance broker that offers extensive liability coverage at an affordable price for your specific needs.  Unfortunately there are a lot of options out there, and finding the best one takes up more of your personal time than is necessary.

Thankfully, the internet revolution has made this process more time convenient.  There are now online comparison sites that allow you to review insurance quotes from some of the leading providers across the country.  An example is LowestRates.com, which acts as a one-stop shop for several types of insurance products including car, home, life, and dental plans.  You can calculate how much you can afford to spend each month, and find the best possible insurance rate to ensure you can maintain those monthly payments.

This is a valuable service because it reduces the amount of time you spend negotiating a credible plan, and also can save you money.  Many insurance agents prefer the traditional manner because they perceive a large proportion of insurance shoppers –  particularly younger, first time buyers – as ignorant.  Agents believe this ignorance gives them the authority to dictate what is a just and fair insurance rate.

However, by using an online comparison site, you have all the information you need right in front of you without complicated language from agents and brokers.  This ensures you get the insurance plan and price that is best suited for your individual needs, and prevents agents from overcharging you for a policy that in all honesty is difficult to notice any real value.

Unfortunately insurance really is like taxes –  you don’t get to see what you’re paying for.  But in order to provide for your loved ones, protect your property, and to establish peace of mind; it’s better to have insurance you can afford than none at all.

Article publié pour la première fois le 07/03/2013

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