I’m sitting here watching a Tivo’d episode of “Extreme Couponing” where a seemingly very unhappy woman is having a coronary over whether her 60 hours of couponing labor will yeild $1,000 in groceries for $55. Her haul included a ton of sugar-sweetened drinks and sodas, cookies, crackers, cake mix and 28 tubs of cream cheese. …
How to prepare for the worst while hoping for the best
It’s been a rough week for America. Monday saw the sixth largest single-day drop in the stock market EVER. Unemployment is still up. Wars still range on and 30 of our nation’s finest were killed in Afghanistan. Our debt rating has been downgraded for the first time in American history and our elected officials seem …
A tale of two sisters
As usual, my breakthrough this week came at lunch with my friend Carol. Scott and I had decided NOT to try to go to Italy for our 15th wedding anniversary because of the cost. There just seems to be better things to do with the money. Carol thinks we’re nuts because life is short, we …
What to do with a tax refund
It’s that time of year when lots of people are getting news of a tax refund. Yay! (And if you have to pay, my condolences. But look at it this way: at least you weren’t overpaying the government last year.) Whether it’s a small amount or a large amount, it’s likely unexpected and it needs to be used wisely.
Progress v. Perfection – The 1% Rule
Getting this money stuff right is often a marathon, not a sprint, especially for those of us who have some bad habits to unlearn. To me, the secret to good stewardship isn’t any of the four keys to financial health (giving, saving, living below your means and hard work) although each of those is critical. But if you’re miserable in the process, good stewardship doesn’t do you much good.