Search Smart Spending:

Browse by Tags

  • Saying no when people want to borrow money

    Posted May 08 2008, 05:21 PM by Karen Datko
    Filed under: , , ,
    Rating:

    This post comes from Xin Lu at partner blog Wise Bread.

    I think most of us have been asked to lend money to someone we know. No matter how close you are with the potential borrower, there are certain situations when you just have to say no.

    Here are some of the times I think you should absolutely keep your money for the sake of your relationship with the other person and the well-being of both parties.   Read More...

    Discuss ( 3 comments) 1,888 Views Digg this | Email this | Link to this
  • Designing your life

    Posted Apr 03 2008, 06:07 AM by Karen Datko

    This post comes from Philip Brewer at partner blog Wise Bread.

    Key decisions you make -- especially when you're young, but also later -- have implications that ripple through the rest of your life. People treat these early decisions --  such as whether to go to college and what degree to get -- as if they were unchangeable. They put them in the back of their mind and look to the future.

    It's true that what's past is past, but there are good reasons to keep these decisions clearly in mind when you make future decisions. It's never too late to design your life. Read More...

    Discuss (no comments) 3,173 Views Digg this | Email this | Link to this
  • Playing around: Frugality as a game

    Posted Jan 10 2008, 07:16 AM by Karen Datko Rating:

    This post comes from Sarah Winfrey at partner blog Wise Bread.

    Face it: Most people don't find frugality fun.

    If you describe something as frugal, people tune you out. They walk away, uninterested, or afraid they don't have the willpower to do whatever it is you're talking about. Describe a person as frugal and that person immediately seems nitpicky and maybe even annoying.

    We are turned off for one of two reasons: Frugality seems boring, like something our parents would be interested in, or we're afraid of it. We fear frugality because it requires willpower, and our society doesn't exactly turn out people who can consistently choose something uncomfortable.

    It's a lot easier to never try than to try and fail, so we avoid frugality.

    The truth is, frugality can be difficult, particularly when it is required and is not a lifestyle choice. However, being frugal does not have to be so burdensome. When we think of frugality as a game we play with ourselves (and maybe with our friends or family), it becomes less threatening and more achievable.   Read More...