5 Ways That Money Buys Happiness (Sort Of)

money buys happiness

It’s a question that’s been around forever – is it true that money buys happiness? The short answer is no. But there’s more to it. The link to increases in pay and increases in happiness is not correlated. Yet we are always striving to increase our income. Why? If you’re putting that money into savings that’s one … Read More

How My Grandfather Taught Me About Financial Independence

financial independence

This week I’m featuring a guest post! Ashley Chorpenning is a Finance Blogger with a degree from University of Cincinnati in Finance. She has a deep passion for helping millennials gain financial literacy and planning for their futures. Check her out at moneygravity.net!  When we are younger we look up to our parents and grandparents. … Read More

How Much Money Can You Save By Creating Simple Rules?

Rules, rules, rules. They’re everywhere. Whether you want to save money or lose weight, there are rules to doing it. Last week I showed you how to budget without driving yourself crazy. Even though I simplified budgeting, there were still rules in there. It’s a great starting point. But what happens when the rules become … Read More

The Power of Not Budgeting

budgeting

I suck at budgeting. I’ve recently realized it’s a complete waste of time. I’m sure you have felt with way at times before, too. Deciding how much to spend on groceries, personal care, and entertainment each month. If you’re like me, you’ve downloaded hundreds of budget templates online. You’ve even tried out many budgeting tools. Well … Read More

Who is David Cheriton and Why Should You Care?

david cheriton

David Cheriton cuts his own hair. David Cheriton drove a 1986 Volkswagen Vanagon, until he “splurged” on a 2012 Honda Odyssey. When David Cheriton goes out to eat, he usually saves half of the meal for the next day. David Cheriton lives in the same colonial-style home he bought more than 35 years ago. David … Read More

Why Ignoring Money Excuses Will Cost You Later

excuses

One of my goals recently has been to wake up early (check out a great blog post here from my friend Steve on this) to get a head start on some of my daily goals, such as running, blogging, and making some kick-ass green smoothies. I’ve failed miserably lately. In fact, since I decided I … Read More

Should You Pay Off Debt or Save First?

Pay Off Debt or Save? MoneyMozart.com

A few years ago we had credit card debt.  How did we accumulate it?  The same way any “normal” family does – home expenses or some other series of random purchases. We also worked really hard to pay it off.  When the debt was finally paid off, it was almost anti-climactic because we didn’t even realize how fast it’d happened.  We didn’t really have a plan, but we put as much as we could toward debt and it worked. I think just being aware of the debt was the first step.

This doesn’t mean we are debt-free though. We still have student loan debt and a car loan we’re working to pay off,  as well as a mortgage and home equity line.  But for some reason paying off the credit card debt felt pretty damn good.  When we were in this place, there wasn’t even a thought of stashing cash – we just wanted the debt gone. Yet, as we get older, make more money, and cut our overall debt, I’ve often considered padding my savings over paying down debt.

Read MoreShould You Pay Off Debt or Save First?