Financial Fitness Tips

Financial Fitness Tips: Things You Should Never Buy Used, Selling on Etsy, Home Swapping and More

I love reading articles around the internet throughout the week and learn a lot from other personal finance bloggers while doing so.  Going forward, I’m going to call my roundups “financial fitness tips” because essentially I’m sharing tips to help you become more financial fit and new ideas.  This week has a number of great tips including things you should never buy used, selling stuff on Etsy and how to make home swapping work for your next vacation.

Things You Should Never Buy Used (Mint) – Hmm..I don’t think I would buy a used computer…I don’t think.  Well, maybe from a trusted friend or family member, but not off of the internet.  Mint offers some good tips here as not everything is worth purchasing used.

Financial Fitness TipsWhy Are You Taking Out Student Loans? (Bucksome Boomer) – Society tends to follow the path of go to school, make good grades and get a job even if it means digging out of thousands in debt.  It doesn’t have to work that way.

Youth Sports: Are They Worth the Expense? (Enemy of Debt) – I think youth sports offer a lot of great learning opportunities but parents need to make wise spending decisions and the child needs to be ready to learn about commitment when signing up.

Ask Liz Weston – Term or whole life? What you need to know (Ask Liz Weston) – Trying to figure out which type of life insurance is best for you?  This post provides the basics and why term insurance works for most people.

The Etsy Experiment: Month Four (Or, What Not to Do) (Money Crush) – More and more people are finding ways to make money online.  Etsy is a popular place to sell stuff and Jacqueline is four articles into an interesting experiment.  Are you the next person to sell something on Etsy?

Is It Hard To Get By On A Six Figure Income? (Smart on Money) – One family tells about having a hard time getting by on a six figure income.  There’s gotta be a way to make six figures work, right?  Right!

Chuck Bentley: Why I Don’t “Like” the Facebook IPO (Inspiring Faithful Stewards) – There is lot’s of talk out there about the upcoming Facebook IPO.  Chuck Bentley from Crown provides the reasons why he doesn’t think buying Facebook stock is such a good idea right now.

How To Make Home Swapping Work (Wealth Pilgrim) – I don’t think I’m quite ready to do a house swap yet for my next vacation, but lot’s of people are doing it.  On the other hand, anyone in Hawaii want to stay in Texas for a few weeks?  :)

The Importance of Family Meetings (20 and Engaged) – I’ve always been a fan of the weekly money meeting, but Briana shares ideas to get the entire family involved.  I don’t think I’m ready to sign my daughter up as the family social chairman!

Make Extra Money as a Dog Sitter (PT Money) – PT is at it again helping us all find new and creative ways to make extra money.  Yes, you can make some extra money becoming a dog sitter.  Read PT”s dog sitting tips to learn how.

Six Things The Bachelorette Can Teach Us About Money (Weakonomics) – It’s a new season of the Bachelorette and my wife will be glued to the TV every Monday night for each episode.  Of course I’ll be along side her adding in all kinds of commentary.  :)   But could watching the Bachelorette really teach us about money?  Read this post and find out.

Personal Finance Carnivals – Self Directed Investing for Retirement, Financial Camaraderie, Personal Finance, Totally Money

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Financial Success

Two Things that Led to Our Financial Success

As many of you know, my family has pretty much lived off my teacher’s salary since Tracy had our oldest daughter, Ava, almost 8 years ago.  Despite living off one teacher’s salary for a number of years (Tracy just went back to work this past fall teaching my youngest daughter’s, Ella, 4 year-old pre-school class), [...]

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Pay kids an allowance

Should Parents Pay Children an Allowance?

My wife and I have started to get more serious about teaching our children principles of stewardship by providing opportunities for them to earn money and budget it with give, save and spend banks.  I’ve shared nuggets of financial wisdom with my 7 year old in the past, but she’s just now getting excited about [...]

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Average Student Loan Debt on the Rise

Average Student Loan Debt on the Rise

Saving for my children’s college education is an important financial goal.  Unfortunately, we haven’t been able to hit this financial goal with full force yet.  Why save?  I don’t want our children to graduate college with school loan debt, or at least not much.  I’d rather them be able to graduate and focus on their [...]

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How to Be Prepared for an Insurance Claim

In a recent post I discussed the impacts of filing a claim on your insurance costs and I said I would also be sharing how to prepare for an insurance claim before it happens.  I hope you would agree it’s always best to be prepared before something happens!  So what are some tips to help [...]

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Personal Finance Blog Roundup

Personal Finance Blog Roundup: Mother’s Day Gift Ideas, Facebook IPO, Make an Offer on a House and More

There are a number of great posts to read this week which include ideas for mother’s day gifts, thoughts on the upcoming Facebook IPO and 10 things you need to do before you make an offer on a house.  I hope you enjoy reading these articles as much as I did and have a great [...]

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Open American Express Savings Account

American Express Savings Account Review

While savings account rates aren’t exactly much to get excited about these days, it doesn’t mean that you shouldn’t have a savings account!  As a brief reminder, a savings account provides a nice shield or barrier between you and your savings for emergencies, vacations, Christmas and more.  We all find reasons to spend our savings [...]

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Does Higher Status Occupations and Higher Income Lead to More Stress?

Do Higher Status Occupations and Higher Income Lead to More Stress?

In a recent TIME Magazine, there was a special section titled “10 Ideas That Are Changing Your Life.”  I thought that many of these ideas were interesting but one really struck me – High Status Stress. This article asks what if the things so many of us want – nice house, higher-paying jobs, fancy car [...]

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