Best Money Tips: Frugal Depression-Era Habits to Pick Up

By Amy Lu on 3 February 2015 0 comments

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on frugal Depression-era habits, the emotional side effects of debt, and tips for knowing whether a good deal is a smart purchase.

Top 5 Articles

9 Depression-Era Frugal Habits You Need to Pick Up — If an item has outlived its original purpose, find ways to repurpose it and give it new life! [PopSugar Smart Living]

3 Emotional Side Effects of Debt and How to Handle Them — Fear from the sense of losing control, or from not knowing what lies ahead, can lead us to make bad decisions. Fight this fear by creating a debt repayment plan with a specific deadline in mind. [ReadyForZero]

3 Tips for Determining When a Good Deal Is (or Isn’t) a Smart Purchase — Many deals will show up a few times a year, so there's no need to jump on a deal right away. [MoneyNing]

Ways to Save Money: How to Save Money Each Month — You can easily save up to $100 a month if you look for ways to shave a bit off each of your utility bills. [Canadian Finance Blog]

8 Best Retirement Freebies — Certain preventative care are available to older adults without being subject to deductibles or co-payments. [Kiplinger]

Other Essential Reading

The Ultimate Layoff Survival Plan — There are certain things you can do right now to prepare for an unexpected pink slip. Start by making sure you understand your severance package or buyout. [Bargaineering]

Should You Let Your Family and Friends Know About Your Debt Struggles? — Letting the people closest to you know that you have money troubles will make it easier to decline certain activities that aren't in your budget, and they'll understand why you're unable to participate. [Money Smart Life]

The Business of Babies — Approaching parenthood as a business venture may not be romantic, but it can help you make better decisions before and after the baby arrives. [Listen Money Matters]

5 Questions Before Applying for a New Credit Card — Add up the limits on all the credit cards you currently have — do you already have enough credit available to you? [Consumerism Commentary]

The Power of the Family Pow Wow — Having weekly family meetings is a great way to check in with your loved ones on a regular basis. Establishing guidelines and creating a routine will ensure your meetings run smoothly. [Parenting Squad]

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