Monday, September 24, 2012

What You Should Know About Money Before You Are 30

There's a great article in USAA magazine this month about what you should know about money before you are 30.   The link to the article is here.  There is some really great information for service members that I didn't even know about (but wish I had).  Hope it proves helpful!

Tuesday, September 4, 2012

Taming the Want Monster

I found this great blog post over at the Minimalist Mom that really spoke to me.  We really are bombarded by a ton of ads within a given day thus causing us to want more "stuff."  But is the "stuff" what makes us happy?  I'd be willing to argue that it's not.

In addition to the suggestions she mentions to tame the Want Monster, I know I evaluate my purchases based on whether or not I can justify long term use of an object.  If I'm only going to use it for a short bit of time, it's probably not worth spending money on.  There must be an alternative.  I also don't make impulse purchases.  I always give myself a few days (sometimes weeks or months) before I buy something.  I like to really think about whether I need it or not.  Most of the time, I find out that I don't need something and thus I avoid spending money on it period.

We are not defunct of "stuff." We still have some "stuff" that we didn't necessarily need in our house.  I don't think a few "luxuries" are bad.  The Want Monster has won when you are overrun with "stuff" and you don't even use most of it.  If you find yourself constantly cleaning out and getting rid of "stuff" and some of that stuff was seldom used, minimizing the Want Monster's claim on your life might be for you. :)