Lifestyle http://www.wisebread.com/taxonomy/term/4806/all en-US 10 Clever Ways to Keep Cool When It's Stupid Hot Out http://www.wisebread.com/10-clever-ways-to-keep-cool-when-its-stupid-hot-out <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/10-clever-ways-to-keep-cool-when-its-stupid-hot-out" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/man_fan_hot_17666765.jpg" alt="Man finding clever ways to keep cool when it&#039;s stupid hot out" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>I don't know what it's like where you live, but where I am, it's hot. And if my weather app is at all accurate, it's going to stay that way for a good long while.</p> <p>While I am lucky to have air conditioning in my house, I like to use it as little as possible. Those bills add up, and every dollar I spend on air conditioning is a dollar that I can't spend on something else I'd rather have, like a trip or a comfortable retirement.</p> <p>So I'm finding other ways to keep cool this summer. Sure, I'll use the A/C sometimes. But the rest of the time, I'll be doing these things to stay cool, and you can, too! (See also: <a href="http://www.wisebread.com/9-dumb-ways-youre-going-to-waste-money-this-summer?ref=seealso">9 Dumb Ways You're Going to Waste Money This Summer</a>)</p> <h2>1. Get Your Hair Wet</h2> <p>I'm always amazed at how much cooler I am when my hair is wet. Even just damp, it changes my perception of how warm I am by a significant factor. So when I get hot this summer, I'll dump some water on my head or take a quick (and cool!) shower, or even hose my head down outside.</p> <p>I'm lucky in that I can wear my hair air-dried and it looks fine. If you can't do that, you can still use this technique. Get your hair wet, let it air dry to damp, then style it as usual. Or wear it air dried around your house, because no one there cares how you look!!</p> <h2>2. Wear Cotton</h2> <p>Because it is light and breathable, you will stay cooler in cotton than you will if you wear most synthetics. So if you're trying to beat the heat, make sure you have as many cotton-based clothing items as possible. This goes for undergarments as well as outer ones.</p> <h2>3. Mist Your Clothes</h2> <p>I've had people tell me to freeze my clothes, but that sounds miserable no matter how hot I am. Instead, I keep a spray bottle of water in my fridge and I spray myself down when I start to get warm. Because the clothes dry slower than my skin, this keeps me cooler longer than just spraying my arms and legs (though I usually do that, too!). Fortunately, cotton clothing tends to handle water just fine, so you can spray it down as many times as you need to.</p> <h2>4. Wash Your Hands (and Feet!) In Cold Water</h2> <p>I learned this from a college roommate who swore by it. When it gets hot, run your hands and feet under cold water for 30-60 seconds and you will feel cooler. You can repeat this as needed.</p> <p>My friend claimed that this works because your veins are close to the surface in your hands and your feet, so the water cools off the blood as it runs through them back to your heart. I don't know if this is true, but I do know that this trick got me through some seriously hot nights in an LA apartment when the A/C broke.</p> <h2>5. Sit on an Ice Pack</h2> <p>Stuck in an office chair all day? I know a lot of buildings don't give you any control over either AC or heat, so you can end up pretty warm all summer. Instead of suffering, take an ice pack to work with you. One of the flat ones most often used for injuries is best. Get it cold, stick it under a towel, and sit on it or put it behind your back to cool off.</p> <h2>6. Don't Cook &hellip; Grill</h2> <p>Anytime you cook in your house, it heats things up. Since you still need to eat, try using a grill instead. This keeps the hot air outside, and it lets you get even more mileage out of what is often an underutilized major purchase. I know a family who grills four or five times a week in the summer, and they swear that it keeps their house significantly cooler.</p> <h2>7. Suck on an Ice Cube</h2> <p>Need to cool down quickly? Suck on an ice cube. Smaller is better, since the large ones can trigger ice cream headaches if they cool your mouth too quickly. Try to suck and not chew the ice, so the coolness can slide down your throat and into your belly, chilling you as it goes. This doesn't offer long-lasting cooling, but it can give you the break you need on a hot day.</p> <h2>8. Make Your Own A/C</h2> <p>If you like to tinker and/or you have a lot of time on your hands, there are about a billion ways to <a href="http://www.instructables.com/howto/air+conditioning/">make your own A/C</a>. My favorite is super easy. Fill a large-ish bowl with ice cubes. Set the bowl somewhere near you, with a portable fan on the opposite side. Make the fan blow toward you, and make sure the air passes over the ice cubes. It will blow that delicious frozenness toward you, too, cooling the air around you.</p> <p>There are more complicated versions of this with coolers and dry ice, so you can get as fancy as you want. Do make sure, though, that you aren't spending more money doing this than you would just running the A/C!</p> <h2>9. Close the Blinds</h2> <p>About <a href="http://www.familyhandyman.com/smart-homeowner/energy-saving-tips/how-to-save-energy-and-cut-cooling-costs/view-all">30%&nbsp;of the heat</a> you don't want in your home comes in through the windows. Thus, it's worth investing in some heat-blocking film, blinds, or curtains to keep your home cooler.</p> <p>I've done this in my homes over the years and it's amazing the difference it makes! Sometimes, I pull back the curtains to open my sliding glass door and get a blast of heat, because there's so much of it trapped between the curtain and the door. But hey, it's not getting into my house, so I'm good with that!</p> <h2>10. Freeze Your Hat</h2> <p>So, we established earlier that freezing clothing sounds at least a little miserable. But what about freezing your hat? If you want to cool your head and getting your hair wet won't work, for whatever reason, try putting a hat in the freezer for a couple of hours before you want to wear it. This will cool your head and your temples, which will help your whole body feel cooler.</p> <p><em>How do you plan to stay cool this summer without your A/C? Share with us!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/sarah-winfrey">Sarah Winfrey</a> of <a href="http://www.wisebread.com/10-clever-ways-to-keep-cool-when-its-stupid-hot-out">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-70-brilliant-ways-to-beat-the-heat-this-summer">Flashback Friday: 70 Brilliant Ways to Beat the Heat This Summer</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-dumb-ways-youre-going-to-waste-money-this-summer">9 Dumb Ways You&#039;re Going to Waste Money This Summer</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-places-to-go-to-beat-the-summer-heat">9 Places to Go to Beat the Summer Heat</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/these-8-everyday-buys-will-be-cheaper-this-summer">These 8 Everyday Buys Will Be Cheaper This Summer</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-surprising-ways-summer-will-cost-you">7 Surprising Ways Summer Will Cost You</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Budgeting Lifestyle air conditioning frugal living hot day life hacks summer summer heat summer sun Tue, 28 Jun 2016 10:30:05 +0000 Sarah Winfrey 1740225 at http://www.wisebread.com Flashback Friday: 70 Brilliant Ways to Beat the Heat This Summer http://www.wisebread.com/flashback-friday-70-brilliant-ways-to-beat-the-heat-this-summer <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/flashback-friday-70-brilliant-ways-to-beat-the-heat-this-summer" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_hot_fan_55851106.jpg" alt="Woman finding ways to beat the heat this summer" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>There are few things worse than being uncomfortably hot in the summer, especially if you can't find a way to cool down. Outside of a gym or sauna, walking around drenched in sweat isn't all that cute. Luckily, it doesn't take a whole lot of time or money to regulate your temp and keep those pit stains at bay. You just need to get a little creative. Here are 70 brilliant ways to beat the summer heat.</p> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5171/friends_summer_drive_000061858874.jpg" width="605" height="340" alt="" /></p> <p><a href="http://www.wisebread.com/22-cheap-ways-to-keep-cool-during-the-hottest-month-of-the-year?ref=fbf">22 Cheap Ways to Keep Cool During the Hottest Month of the Year</a> &mdash; Rather than pour all your cash into a new air conditioner, get chilled on the cheap with a frozen treat, a cold washcloth draped over a fan, or a pair of underwear that's been in the freezer.</p> <p><a href="http://www.wisebread.com/wear-frozen-clothes-and-9-other-ways-to-beat-the-heat?ref=fbf">Wear Frozen Clothes and 9 Other Ways to Beat the Heat</a> &mdash; Just by paying a little more attention to your surroundings, you can manage the summer hotness and keep yourself cool all summer. Know when to open the windows, cool your pulse point, and more!</p> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5171/woman-cooling-down-472008353-small.jpg" width="605" height="340" alt="" /></p> <p><a href="http://www.wisebread.com/11-affordable-ways-to-stay-cool-in-the-summer-heat?ref=fbf">11 Affordable Ways to Stay Cool in the Summer Heat</a> &mdash; The sun's main goal during summer is to suck out your energy and make you sweaty. Fight back! Put some fans on the floor, keep those shades pulled during peak sunniness, and do not let the sun win.&nbsp;</p> <p><a href="http://www.wisebread.com/cold-frugal-drinks-to-keep-you-cool-in-the-heat?ref=fbf">Cold, Frugal Drinks to Keep You Cool in the Heat</a> &mdash; Sometimes all you need to cool off is an ice-cold beverage. And here are 10 that will give you the chill you need, while also keeping you within your budget.</p> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5171/iStock_000065700299_Large.jpg" width="605" height="340" alt="" /></p> <p><a href="http://www.wisebread.com/8-frugal-and-refreshing-popsicles-to-make-this-summer?ref=fbf">8 Frugal and Refreshing Popsicles to Make This Summer</a> &mdash; Until summer comes around, we tend to forget that just about any drink can be made into a popsicle. Cocktails, smoothies, juice &mdash; you name it! Just pour some into an ice tray, add popsicle sticks, then once they're set, chill out and enjoy.&nbsp;</p> <p><a href="http://www.wisebread.com/9-places-to-go-to-beat-the-summer-heat?ref=fbf">9 Places to Go to Beat the Summer Heat</a> &mdash; Rather than changing your surroundings to keep you cool, change them entirely. Get out of the house and hit the local pool, movie theater, or any other air-conditioned location and give yourself a cool-down break.</p> <p><em>How else do you keep cool in the summer heat? Share with us!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/chrissa-hardy">Chrissa Hardy</a> of <a href="http://www.wisebread.com/flashback-friday-70-brilliant-ways-to-beat-the-heat-this-summer">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-41-coffee-hacks-that-will-instantly-improve-your-morning">Flashback Friday: 41 Coffee Hacks That Will Instantly Improve Your Morning</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-106-delicious-lunches-that-will-make-you-excited-to-brown-bag-it">Flashback Friday: 106 Delicious Lunches That Will Make You Excited to Brown-Bag It</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-143-fun-and-frugal-ways-to-spend-your-weekend">Flashback Friday: 143 Fun and Frugal Ways to Spend Your Weekend</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-104-sweet-ways-to-celebrate-valentines-day">Flashback Friday: 104 Sweet Ways to Celebrate Valentine&#039;s Day</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-53-beauty-hacks-you-have-to-try-this-summer">Flashback Friday: 53 Beauty Hacks You Have to Try This Summer</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Lifestyle fbf flashback friday Food life hacks summer summer hacks summer heat summer treats Fri, 24 Jun 2016 10:00:10 +0000 Chrissa Hardy 1737975 at http://www.wisebread.com The Frugal Guest's Guide to Surviving Wedding Season http://www.wisebread.com/the-frugal-guests-guide-to-surviving-wedding-season <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/the-frugal-guests-guide-to-surviving-wedding-season" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock_25341091_LARGE.jpg" alt="being a frugal wedding guest" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>So you're invited to a ton of weddings this summer. Yay for you &mdash; you're popular! But before you let your friends drag you onto the dance floor and do the Electric Slide as atonement, consider these tips on how to make it through wedding season without spending it in the poor house.</p> <h2>1. Redeem Credit Card Rewards Thoughtfully</h2> <p>If you've racked up <a href="http://www.wisebread.com/the-7-biggest-mistakes-you-can-make-when-redeeming-credit-card-rewards?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">credit card rewards</a> over the past year, or even since the holidays, now's the time to cash them in for travel if it's a destination wedding, lodging, or even gifts for the betrothed.</p> <p>&quot;Prepare ahead for travel expenses by stockpiling airline miles and credit card rewards which you can redeem toward a flight or hotel stay,&quot; suggests money-saving expert Andrea Woroch. &quot;You can even gift accrued miles to the couple for their honeymoon. Otherwise, you can redeem rewards toward gift cards for the bridal shower and wedding gift.&quot;</p> <p>While I don't always advise opening a credit card just to take advantage of the <a href="http://www.wisebread.com/5-best-sign-up-bonuses-for-airline-miles-credit-cards?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">sign-up perks</a>, depending on how many weddings you're attending, and <a href="http://www.wisebread.com/how-i-redeemed-a-12000-family-vacation-with-credit-card-rewards-in-2-months?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">how far you're traveling</a>, opening a new account may work in your favor &mdash; so long as you plan to pay off the balance right away and it won't adversely affect your credit score. (See also: <a href="http://www.wisebread.com/top-5-travel-reward-credit-cards?utm_source=wisebread&amp;utm_medium=seealso&amp;utm_campaign=article">Best Travel Rewards Credit Cards</a>)</p> <h2>2. Compare Lodging Rates Before Booking</h2> <p>Most of the weddings I've attended have suggested lodging for guests, either where the bride and groom are staying or other nearby establishments if the home base has reached capacity. But these aren't your only options. If you find the suggested lodging options out of your budget, search for better deals. Check the hotel's website for exclusive discounts, or even daily deal sites like LivingSocial or Groupon. Even if you have to stay 10 miles away from the venue, saving that extra $25 or $50 per night may be worth the short drive to you. (See also: <a href="http://www.wisebread.com/how-to-stay-in-a-5-star-hotel-for-less-than-the-cost-of-a-motel?utm_source=wisebread&amp;utm_medium=seealso&amp;utm_campaign=article">How to Stay in a 5-Star Hotel for Less Than the Cost of a Motel</a>)</p> <h2>3. Rent a Private Home With a Group</h2> <p>Some people enjoy the privacy of hotel rooms, but personally I'd rather go in with friends on a home rental via Airbnb or another short-term rental site if several of us are invited to the same wedding. Not only will you typically save a substantial amount of money over a hotel by reserving private lodging, but you can split the total cost between the group, which could make the trip a real steal. You'll save even more money on meals if the place is equipped with a kitchen you can use to make food during your stay. (See also: <a href="http://www.wisebread.com/when-should-you-get-a-vacation-rental-instead-of-a-hotel?utm_source=wisebread&amp;utm_medium=seealso&amp;utm_campaign=article">When Should You Get a Vacation Rental Instead of a Hotel?</a>)</p> <h2>4. Offer a Service in Lieu of a Tangible Gift</h2> <p>Can't afford a gift from the bride and groom's registry? Put your thinking cap on and come up with creative ways you can honor their marriage by offering a service.</p> <p>&quot;Most couples financing their wedding welcome free or a discounted service in lieu of a gift,&quot; says Woroch. &quot;Some of the most common services provided by friends and family include photography, videography, day-of makeup and hair prep, and decorating help. You can even offer to bake the wedding treat or officiate the ceremony, if the couple hasn't made other arrangements.&quot;</p> <h2>5. Purchase Discount Gift Cards to Buy Gifts</h2> <p>Buying discount gift cards online is a smart tactic to save on gift purchases for any occasion. Use your saving savvy to stack deals, and you'll likely come in way under budget with plenty of cash to spare for the other wedding expenses.</p> <p>Personal finance expert Kevin Gallegos offers a smart tip with regards to wedding gifts: shop early!</p> <p>&quot;If invited to a wedding, find out where the couple has registered as soon as you can,&quot; he says. &quot;Go online or to the brick-and-mortar store and select a gift immediately. Shopping early assures the best selection &mdash; and one that fits your budget.&quot;</p> <p>Wait too long and all that will be left are the crystal candelabras and $60-a-piece Kate Spade dinner plates.</p> <h2>6. Opt Out of Rental Car Insurance</h2> <p>I have never purchased insurance for a rental car. Why? Because it's a fool's game. My own personal insurance will cover me if I'm in an accident, so why do I need extra? I don't, and you don't either if you have similar coverage. Check with your provider, of course, to make sure you're covered. (See also: <a href="http://www.wisebread.com/save-on-car-rentals-with-these-10-easy-hacks?utm_source=wisebread&amp;utm_medium=seealso&amp;utm_campaign=article">Save on Car Rentals With These 10 Easy Hacks</a>)</p> <p>Travel expert Katelyn O'Shaughnessy, founder of&nbsp;<a href="http://www.tripscopeapp.com/">TripScope</a>, suggests another way of getting around the insurance car rental joints try to scare you into buying.</p> <p>&quot;Before you opt for the overpriced car insurance that rental companies offer, call your credit card company and see if car insurance is included. In my case, three of my credit card companies offer this little perk, which saved me $200,&quot; she says. (See also: <a href="http://www.wisebread.com/what-does-car-rental-insurance-really-cover-on-your-credit-card?utm_source=wisebread&amp;utm_medium=seealso&amp;utm_campaign=article">What Does Car Rental Insurance Really Cover On Your Credit Card?</a>)</p> <h2>7. Avoid Mobile Data Charges By Planning Ahead</h2> <p>Recently I traveled to Canada and I turned off my mobile data two minutes too late and racked up $20 in extra charges by using navigation. O'Shaughnessy says you can nip that in the bud by using Google Maps offline by typing &quot;OK Maps,&quot; and the map will save for future, offline access. (See also: <a href="http://www.wisebread.com/how-to-minimize-cell-phone-charges-when-you-travel-abroad?utm_source=wisebread&amp;utm_medium=seealso&amp;utm_campaign=article">How to Minimize Cell Phone Charges When You Travel Abroad</a>)</p> <h2>8. Dress Plainly</h2> <p>Men have it easy when it comes to dressing for a wedding. Just throw on that one suit you own, swap out different ties for different events, and you're all set. Nobody will ever notice. Women, however, have it rough when dressing for a wedding. For starters, you can't show up the bride or the bridesmaid in a stunning ensemble or you'll be shunned. Secondly, if you show up in a memorable dress, you likely won't want to wear it to another wedding if it's attended by any of the same people. Frequent wedding guest Emily Taffel has a solution to that problem: Be boring. (See also: <a href="http://www.wisebread.com/how-to-attend-a-wedding-for-cheap-without-actually-looking-cheap?utm_source=wisebread&amp;utm_medium=seealso&amp;utm_campaign=article">How to Attend a Wedding for Cheap (Without Actually Looking Cheap)</a>)</p> <p>&quot;Never buy a printed dress to wear to a wedding; prints are remembered. Dresses aren't if they are boring enough,&quot; she says. &quot;I say that dearly, but every woman knows a navy shift dress in a perfect fit will take you everywhere. Accessories make <em>all</em> the difference &mdash; scarves, hats, the right handbag, shoes, and jewelry. That navy dress works day and night and saves you having to buy multiple outfits.</p> <h2>9. Work the System to Avoid Hotel Cancellation Fees</h2> <p>If you can't make the wedding for some reason, and your plans have changed less than 72 hours in advance, there's a way around forfeiting the deposit you put on the hotel, even if it is a bit shady.</p> <p>&quot;Just reschedule for a future date &mdash; usually there's no monetary penalty for that &mdash; then call the hotel back, get a different rep and cancel free of charge,&quot; O'Shaughnessy advises.</p> <p>My new hero.</p> <h2>10. Don't Overcommit Yourself</h2> <p>Listen, if you can't afford to attend all the weddings to which you're invited, it's okay to say no. I've already declined one wedding invitation for this summer in San Francisco because I recently came back from a three-week stay in California, and the timing wasn't right for my budget. If the bride and groom are reasonable, they'll understand. If not, well, it'll be two less jerks you'll have to worry about in the future, because you'll be dead to them from here or out.</p> <p>As an alternative, perhaps you can make it to one or more of the events leading up to the wedding to show your support.</p> <p><em>Do you attend a lot of weddings? What are some of your budget hacks? I'd love to hear about them in the comments below.</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mikey-rox">Mikey Rox</a> of <a href="http://www.wisebread.com/the-frugal-guests-guide-to-surviving-wedding-season">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-surprising-ways-summer-will-cost-you">7 Surprising Ways Summer Will Cost You</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-143-fun-and-frugal-ways-to-spend-your-weekend">Flashback Friday: 143 Fun and Frugal Ways to Spend Your Weekend</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/could-you-save-money-by-subscribing-to-an-addictive-game">Could you save money by subscribing to an addictive game?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/chinese-money-habits-how-my-culture-influences-my-attitudes-toward-money">Chinese Money Habits - How My Culture Influences My Attitudes Toward Money</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/sensible-ways-to-raise-cash-for-a-wedding">Sensible Ways to Raise Cash for a Wedding</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Lifestyle wedding wedding budget wedding costs wedding etiquette wedding season Thu, 16 Jun 2016 09:30:24 +0000 Mikey Rox 1731884 at http://www.wisebread.com 7 Surprising Ways Summer Will Cost You http://www.wisebread.com/7-surprising-ways-summer-will-cost-you <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/7-surprising-ways-summer-will-cost-you" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_ice_cream_74904405.jpg" alt="Woman learning ways ice cream will cost her" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>We all know that summer comes with expenses &mdash; higher-priced fuel fill-ups, increased electricity bills from running the A/C nonstop (mine doesn't get a rest from, like, March to October; thank you, first-world luxuries), and sky-high hotel rates. But there are other items that see an uptick during vacation season that you might not immediately recognize. Here's a list to watch with your wallet.</p> <h2>1. Bottled Water</h2> <p>We loooove to wag our fingers at others for buying bottled water &mdash; because get a <a href="http://www.wisebread.com/the-5-best-aluminum-and-stainless-steel-water-bottles">reusable bottle</a> already! &mdash; but we also understand that sometimes it's necessary. Like when it's hot as lava outside and you're about to have a heat stroke because you forgot your reusable bottle at home. While it may seem innocuous enough to pick up a bottle at your local convenience store now and then, that's not usually how it goes down &mdash; especially if you have kids.</p> <p>According to<a href="http://www.pennypinchingprincess.com"> money-saving expert Nedalee Thomas</a>, who also happens to be CEO of a water-filtration company, a family of four will spend a whopping $1,600 on bottled water a year. Uh, come again?</p> <p>&quot;Consumption is higher in the summer just because of heat and dehydration, but families tend to buy more bottled water when heading out for the day's activities, spending on average $12 a day for a family of four,&quot; Thomas says. &quot;Theme parks and many venues cost much more.&quot;</p> <p>The best way to save &mdash; if you haven't already heard it a <em>million</em> times &mdash; is to refill BPA-free bottles with your own good filtered water.&quot;</p> <p>Chanson Water USA provides a comparison chart of <a href="https://chansonalkalinewater.com/water-ionizer-vs-bottled-water-cost-comparison-chart/">annual costs of various types of bottled water</a> versus what it costs to filter your own water at home, and it's a doozy.</p> <h2>2. Iced Coffee</h2> <p>Drinking more iced coffee during the summer to give yourself a jolt <em>and</em> beat the heat? Well, it's gonna cost you.</p> <p>Grub Street did some digging a few years back to find out<a href="http://www.grubstreet.com/2012/03/why-does-iced-coffee-cost-more-than-hot.html"> why iced coffee costs more than hot coffee</a>, and their findings may make your temperature rise. Save yourself some gas on a trip to the java joint, and pocket the extra money you'd be spending on each cup of cold joe, by making your own watered-down pick-me-up at home.</p> <h2>3. Car Maintenance</h2> <p>Another unexpected way summer will cost you extra money is through car maintenance.</p> <p>&quot;Many dealers and mechanics want to service cars more frequently than the manufacturer recommends, especially during weather transitions, which is both unnecessary and costly,&quot; says car expert Richard Reina. &quot;While hot weather absolutely takes a toll on our vehicles, the best way to cut these costs is taking proper precautions and doing the simple repairs yourself.&quot;</p> <p>He offers a few DIY ways to avoid the mechanic this summer.</p> <ul> <li><strong>Replace wiper blades</strong>: A winter's worth of clearing slush and ice from the windshield takes its toll, resulting in streaking and chattering that you don't want in spring/summer downpours as it could severely hinder your vision and cause an accident.<br /> &nbsp;</li> <li><strong>Check coolant hoses and belts</strong>: It's also important to check coolant hoses and belts for deterioration and wear, and be sure to check all fluid levels. Just as you checked your antifreeze to make sure the freezing point was well below anticipated winter temperatures, check it now to ensure you won't have a boil over during hot summer driving. By performing this basic auto tuneup yourself, you would save $250, as it only costs $100 to DIY compared to a dealer cost of $350.<br /> &nbsp;</li> <li><strong>Test your battery</strong>: As much as the winter is harsh on batteries, summer is, too, with the constant running of the cooling fans and the pull on your alternator from driving with the windows down. Test the battery to make sure you don't get stranded with a no-start on a summer trip. Check the battery connections for tightness and clean away any dirt and corrosion. If it's time for a new battery, I suggest buying them at local &quot;buyer's club&quot; (Costco, Sam's Club) to save money, and change it yourself. You'll save $120, with DIY costing $80 versus dealer prices of $200.<br /> &nbsp;</li> <li><strong>Change your engine oil and filter</strong>: Cold weather is tough on engine oil because it doesn't get a chance to come to normal operating temperature necessary to get rid of moisture and contaminants, which can cause sludge. If you buy the oil yourself, make sure that you are certain that you are using a high-quality oil of the correct viscosity. Often, chain-store oil-change outfits may be using the same oil for different cars. If your car is older with high mileage, it can be very helpful to switch to a heavier oil with different detergent. Higher temps require higher oil weight/viscosity, and since the seals on the engine of an older car have likely started to wear, switching will help keep your engine protected. Also be sure to check the brake/steering/washer fluids while you're under the hood. This will save you $35, as DIY costs $25 compared to dealer cost of $60.</li> </ul> <h2>4. Dining and Drinking Al Fresco</h2> <p>Warmer weather means more opportunity for eating and drinking outdoors, and if you're not careful, it can get out of hand, financially. Nobody wants to cook indoors when it's hot out &mdash; I get it &mdash; so think of alternative ways to eat at home, like by using the outdoor grill more frequently or making meals that don't require a heat source, like salads, <a href="http://www.wisebread.com/these-10-frugal-lunches-are-delicious-hot-or-cold">cold soups</a>, and slow-cooker meals. If you're drinking with your dinner, have a glass of water between adult bevies to reduce the risk of overspending, and tomorrow's pounding headache.</p> <h2>5. Home and Apartment Rentals</h2> <p>Rental season is at its busiest during the warmer months, from May to October, for several reasons. For starters, this period is a time when many people are in transition, especially students who are looking for housing after the school year ends or before it begins. Plus, this time of year is more conducive to moving, because who wants to haul furniture around during a blizzard? Nobody, including those begrudging friends you've enlisted to help you. Because of these factors, and the laws of supply and demand, rental prices may be at a premium during the summer. If you have a choice, wait until the weather gets a bit cooler to make your move.</p> <h2>6. New Cars</h2> <p>According to USAA via TrueCar, you can expect to experience more sticker shock on vehicles during the summer than you would while everybody's hibernating and generally steering clear of walking around car lots in a foot of snow. Prices increase as the weather warms because, again, of our old friend supply and demand. More people are out and about when things thaw out, and their tax refunds are burning holes in the pockets &mdash; an incentive that car dealerships fully take advantage of.</p> <h2>7. Ice Cream</h2> <p>You might think ice cream costs more during the summer because everybody is eating it, but that's not necessarily the case. I mean, it's sort of the reason why you may see higher prices this year, but it's mostly because there's a<a href="http://www.cnbc.com/2016/03/28/vanilla-shortage-threatens-ice-cream-prices-this-summer.html"> vanilla shortage in Madagascar because of poor harvest quality</a>, and that means less mint chocolate chip for you, me, and the rest of the cone-loving U.S. population. Hey, at least we still have freeze-pops.</p> <p><em>How do you stay on top of your summer budget? Share with us in the comments!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mikey-rox">Mikey Rox</a> of <a href="http://www.wisebread.com/7-surprising-ways-summer-will-cost-you">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-5"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-brilliant-tips-from-smart-mom-rich-mom">4 Brilliant Tips From &quot;Smart Mom, Rich Mom&quot;</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/easy-ways-to-save-on-7-everyday-buys">Easy Ways to Save on 7 Everyday Buys</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/12-personal-finance-skills-everyone-should-master">12 Personal Finance Skills Everyone Should Master</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-dumb-ways-youre-going-to-waste-money-this-summer">9 Dumb Ways You&#039;re Going to Waste Money This Summer</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-best-money-saving-channels-on-youtube">9 Best Money Saving Channels on YouTube</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Entertainment Lifestyle budgeting frugal summer ice cream saving money summer summer costs summer fun Tue, 14 Jun 2016 10:00:10 +0000 Mikey Rox 1730465 at http://www.wisebread.com 4 Financial Reasons to Keep Your Political Views Private http://www.wisebread.com/4-financial-reasons-to-keep-your-political-views-private <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/4-financial-reasons-to-keep-your-political-views-private" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_yelling_megaphone_51049894.jpg" alt="Woman learning reasons to keep her political views private" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>We live in a world that makes it incredibly easy to share our views and opinions. Our phones are an instant connection to news outlets and social media sites, and the two can create a very polarizing look at the political horizon. With the Presidential election looming, it can be hard to bite your tongue. But if you don't, there are some financial risks that go along with freely spouting your political beliefs.&nbsp;</p> <h2>They Could Cost You a Job or Promotion</h2> <p>By far, the biggest impact political views can have on your life is work-related. Like it or not, your employer, boss, and clients can discover a lot about you through social media sites. Aside from making sure you don't appear as if you're doing anything inappropriate or illegal, you also have to be very careful about the political views you post or comment on.</p> <p>One day, you could be raging against a new bill introduced by a Republican, or ranting about an act signed into law by a Democrat. The next thing you know, that big promotion you were gunning for at work has gone to someone else. Your political views should not have any bearing on the work you're doing (unless you are actually <em>in</em> politics), but people are people. It's quite possible your views will rub someone important the wrong way, and they will respond in the most effective way they know; they'll hit you in the wallet, or the career.</p> <p>Perhaps the boss's wife works for a political party for which you have expressed extreme disdain. Maybe your CEO voted for Romney, and you have an Obama sticker on your car. It could even be as simple as liking a comment or story on Facebook that is in direct opposition to your employer's views. Yes, it's a free country, and yes, freedom of speech is one of the guiding principles of our nation. But do not underestimate the pettiness of regular people. If you are going to have opinions on political subjects, do not blast them far and wide. Talk them over with your friends and family. Keep your views away from anywhere that a boss or coworker can see, and worse, react to. You could even get fired or laid off, under the guise of a different reason.</p> <h2>They Could Cost You Customers</h2> <p>If you're a small business owner, you have to be very careful about the political views you take a stance on. And openly shouting about the things you believe in could cost you customers, income, and <a href="http://www.wisebread.com/donald-trumps-5-biggest-business-failures" target="_blank">even your business</a>. The news outlets have reported time and again about small business owners who have abjectly refused to back down from an opinion deeply-held by the political party they support.</p> <p>Simply by having a sticker for either the Republican or Democratic party in the store window could be enough to scare away people with opposing political beliefs. You've just lost a sale; one that could very easily have happened if it were not for the announcement.</p> <p>Online, a prospective client could do a quick search on your social activities, see a lot of blustering about certain political views, and choose someone else. Even if you're a freelancer doing writing, hair styling, or gardening, the kind of views you openly express can bite you, and that hits you in the wallet. Not only that, but word of mouth can spread, and suddenly you have not lost one customer, but five or six. Was the loss of income worth it to tell everyone something that was on your mind? Did it have to be said?</p> <h2>They Could Get You Sued</h2> <p>If you're a small business owner, or occasionally employ someone (even if it's just a guy who mows your lawn or cleans your windows), you have to be very careful about how you hire and fire people. Specific laws have been put in place to prevent employers from discriminating based on political beliefs. Not all states have these laws, but many do. And violating these laws could result in legal action.</p> <p>For example, a boss could notice a lot of Republican paraphernalia adorning an employee's car. Maybe there are party line stickers on there, including pro-gun control and pro-life statements. This could enrage him or her, especially if these views are the polar opposite of what he or she believes. So, the boss has a word with HR, and the employee is terminated. That is a clear case for a lawsuit, and could cost the business owner not only a great deal of money, but perhaps the whole business. And what's more, the news could spread, meaning clients and partners decide to take their business elsewhere.</p> <p>It's fine to have political views, but there are limits to the way you can act upon them. Even if you really, really hate the political opinions of an employee, you cannot terminate them just for that reason.</p> <h2>They Could Lead to a Costly Break-Up</h2> <p>This story comes from someone I used to work with. Christopher (not his real name) was known for being outspoken, especially on politics. He had very strong views, and was pro-life, pro-gun, anti-gay marriage, and hated big government. He was also engaged to be married, to someone who was of a similar mindset, but nowhere near as passionate or outspoken.</p> <p>During the 2012 election cycle, his posts and rants on Facebook and other social media sites reached epic proportions. What he didn't know was that his fiancée's parents and siblings did not feel the same way about his views. They tolerated him, for the most part, until his rants crossed a line that triggered a family meeting. They did not want their daughter/sister marrying someone who was so politically opinionated.</p> <p>Of course, the tension was too much to overcome, and they split up. It was not a cheap break-up (they rarely are). So be warned. If you are in a relationship with someone, and know your views will be a serious cause for concern for his or her family, keep them to yourself for as long as you can.</p> <p><em>Have your political views ever cost you?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/paul-michael">Paul Michael</a> of <a href="http://www.wisebread.com/4-financial-reasons-to-keep-your-political-views-private">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-things-i-learned-about-money-after-getting-married">8 Things I Learned About Money After Getting Married</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-simple-ways-to-split-bills-with-your-spouse">3 Simple Ways to Split Bills With Your Spouse</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/could-you-save-money-by-subscribing-to-an-addictive-game">Could you save money by subscribing to an addictive game?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/dissecting-gift-guilt-when-does-receiving-a-gift-make-you-feel-bad">Dissecting &quot;Gift Guilt&quot; - When Does Receiving a Gift Make You Feel Bad?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-create-a-speculative-bubble-and-profit">How to create a speculative bubble and profit</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance Lifestyle debates democrats opinions politics presidential election republicans things that cost you Fri, 10 Jun 2016 10:00:14 +0000 Paul Michael 1728080 at http://www.wisebread.com Flashback Friday: 143 Fun and Frugal Ways to Spend Your Weekend http://www.wisebread.com/flashback-friday-143-fun-and-frugal-ways-to-spend-your-weekend <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/flashback-friday-143-fun-and-frugal-ways-to-spend-your-weekend" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/couple_walking_park_51967000.jpg" alt="Couple finding fun ways to spend their weekend" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>It's almost the weekend and you have no plans. That can be exciting, or also a little scary. Because when weekend plans aren't mapped out ahead of time, it's easy to default to the pricier activities like shopping &mdash; or to just skip it and stay home (again).</p> <p>So instead of leaving the fate of your savings hanging in the balance, try one of these fun and frugal ways to spend your weekend. And walk into work on Monday fully relaxed and not totally broke.</p> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5171/couple_gardening_000053678990.jpg" width="605" height="340" alt="" /></p> <p><a href="http://www.wisebread.com/19-fun-cheap-projects-to-try-this-weekend?ref=fbf">19 Fun, Cheap Projects to Try This Weekend</a> &mdash; Why spend all of your cash on a crafty item you can just make yourself? Enter the beautiful world of DIY and give these fun projects a try.</p> <p><a href="http://www.wisebread.com/make-your-escape-with-these-14-affordable-weekend-getaways?ref=fbf">Make Your Escape With These 14 Affordable Weekend Getaways</a> &mdash; A last-minute weekend getaway to Paris would be a blast, sure, but have you explored all of your local and regional nooks and crannies yet? Because with any of these affordable weekend getaway ideas, you'll feel like a tourist without spending money like one.</p> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5171/woman_reading_hammock_000044042996.jpg" width="605" height="340" alt="" /></p> <p><a href="http://www.wisebread.com/the-12-best-weekend-activities-for-introverts?ref=fbf">The 12 Best Weekend Activities for Introverts</a> &mdash; Introverts don't need much in terms of outside entertainment, and they would prefer a 48-hour period of minimal social interactions. So if you're in the mood to hibernate and relax like a pro, here you go.</p> <p><a href="http://www.wisebread.com/18-awesome-things-you-can-do-this-weekend-for-under-10?ref=fbf">18 Awesome Things You Can Do This Weekend for Under $10</a> &mdash; It doesn't take much these days to spend $10. I mean, one bottle of pressed juice can cost more than that, in some places. So these cheap weekend plans are especially inspiring, and also a ton of fun!</p> <p><a href="http://www.wisebread.com/pick-up-one-of-these-frugal-hobbies-this-weekend?ref=fbf">Pick Up One of These Frugal Hobbies This Weekend</a> &mdash; If you haven't given origami or geocaching a try, you are seriously missing out. Along with these other 11 frugal hobbies, your future weekends will be budget-friendly and extremely fulfilling.</p> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5171/kids_summer_water_balloon_fight_000062702582.jpg" width="605" height="340" alt="" /></p> <p><a href="http://www.wisebread.com/20-cheap-fun-things-to-do-with-kids-this-weekend?ref=fbf">20 Cheap Fun Things to Do With Kids This Weekend</a> &mdash; Keeping the kids busy without spending much money can seem like an impossible magic trick. But quality time with the kiddos shouldn't cost a thing, and it doesn't have to with these 20 activities.</p> <p><a href="http://www.wisebread.com/47-cheap-fun-things-to-do-this-weekend?ref=fbf">47 Cheap, Fun Things to Do This Weekend</a> &mdash; Do not underestimate the enjoyment you'll get from watching a sunset or baking a pie. They're simple ways to spend your time, but aren't simple things actually the best things?</p> <p><em>What are your plans for the weekend? Share with us!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/chrissa-hardy">Chrissa Hardy</a> of <a href="http://www.wisebread.com/flashback-friday-143-fun-and-frugal-ways-to-spend-your-weekend">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-6"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-the-119-best-fitness-hacks-for-busy-people">Flashback Friday: The 119 Best Fitness Hacks for Busy People</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-the-76-best-life-lessons-you-should-learn-by-30">Flashback Friday: The 76 Best Life Lessons You Should Learn by 30</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-122-scrumptious-super-bowl-party-snack-ideas">Flashback Friday: 122 Scrumptious Super Bowl Party Snack Ideas</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/beat-stress-with-these-28-inexpensive-pastimes">Beat Stress With These 28 Inexpensive Pastimes</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-surprising-ways-summer-will-cost-you">7 Surprising Ways Summer Will Cost You</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Entertainment Lifestyle fbf flashback friday free things to do frugal activities fun things to do hobbies outdoors weekend weekend activities weekend fun Fri, 03 Jun 2016 10:00:10 +0000 Chrissa Hardy 1723164 at http://www.wisebread.com How Much Would It Cost to Actually Live Like a Queen for a Day? http://www.wisebread.com/how-much-would-it-cost-to-actually-live-like-a-queen-for-a-day <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/how-much-would-it-cost-to-actually-live-like-a-queen-for-a-day" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_wearing_crown_000041703122.jpg" alt="Here&#039;s how much it would cost to live like a queen" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>As I gaze at pictures of smart Duchess Kate, Prince William, and their adorable royal offspring while waiting in line to pay for marked-down groceries, I can't help wondering what it would be like to live like royalty, even for just one day.</p> <p>But let's be real: The lives of today's royals are far too down-to-earth to aspire to. I mean, as long as we're dreaming, why not imagine what it would cost to live like the most famously extravagant monarch of European history &mdash; Marie Antoinette?</p> <p>The Austrian bride of King Louis XVI likely never suggested that citizens without bread eat cake instead, but her lifestyle was indeed so lavish that she was personally blamed for the <a href="http://www.wisebread.com/9-money-lessons-to-take-from-the-great-depression" target="_blank">national financial hardships</a> that led to the French Revolution.</p> <p>A typical day in her life went like so: Her majesty rose at 9-ish, took breakfast in bed, then chose her day's outfits from a massive catalogue. On some days she had a bath, and then she was dressed and primped. Throughout the day, she would hold court, attend mass, take a music lesson, take in entertainment such as plays or operas or playing cards, or of course, visit her hamlet to play farm girl, accompanied by ladies in waiting. Punctuating these activities were formal meals, with spectators, and wardrobe changes.</p> <p>What would it all cost, in today's dollars?</p> <h2>Meals: $30,300</h2> <h3>Breakfast</h3> <p>Marie Antoinette's morning meal seems modest: coffee or hot chocolate and perhaps a pastry. But both beverages were wildly expensive in 18th century France. So let's compare it to today's most expensive coffee, the kind eaten by a civet and passed through its GI tract. You can get three ounces of it shipped next-day on Amazon for $100.</p> <h3>Banquet</h3> <p>The main meal of the day would be a lavish affair attended by many, and might feature <a href="http://www.thedailybeast.com/articles/2014/02/01/the-marie-antoinette-diet.html">pate, seafood, duck, rabbit stew</a> &mdash; or likely, all of the above, plus lots of chocolates for the queen. Although it probably can't compete in lavishness, <a href="http://www.wedding-spot.com/venue/317/Morningside-Castle/">Manhattan's Morningside Castle</a> does have one advantage of Versailles: modern plumbing. You can host 100 people there for a banquet for $30,000.</p> <p>Marie-Antoinette's evening meal was a simple affair of soup, a milk-soaked biscuit, and other hospital food. But because she still had to feed her ladies in waiting, let's put the cost at $200.</p> <h2>Clothing: $20,300</h2> <p>Marie Antoinette's clothing allowance is known: about <a href="http://www.newyorker.com/magazine/2006/09/25/dressed-for-excess">$3.6 million</a>. But she went over budget, often by 100%. That works out to about $20,000 per day for clothes.</p> <p>That may seem like a lot, but keep in mind that each day she donned at least three outfits: a <a href="http://madameguillotine.org.uk/2011/01/31/marie-antoinettes-beauty-secrets/">velvet or silk morning gown</a>, a breezy day dress for visiting her hamlet and whatnot, and then a formal gown for evening. She rarely repeated outfits, instead giving them away to ladies in waiting or leaving them on display to the public in her three wardrobe rooms at Versailles. Today's prices would probably be similar: $10,000 for an elaborate designer ball gown, and $5,000 apiece for the other two dresses.</p> <p>For nighttime, Marie-Antoinette would be slipped into a fine lingerie nightdress &mdash; you can get a LaPerla version today for $300.</p> <h2>Toilette: $900</h2> <h3>Hair</h3> <p>Like nearly every minute of her life, getting her hair styled in the morning was a public event. Her paintings are evidence of her lavish hairdos. Sometimes she wore wigs, other times her natural hair was piled high and adorned with everything from feathers to jewels to figurines. It's not unheard of for upscale brides to pay $600 for wedding day updos, so let's peg that as the price for Marie-A's everyday do.</p> <h3>Makeup</h3> <p>Like other aristocrats of her time, Marie-Antoinette wore a thick coat of pale white lead-based &quot;paint&quot; on her face (which not only made her look stylish but hid any scars from childhood smallpox), streaks of rouge, black beauty patches, and other cosmetics. Makeup this elaborate won't be found nowadays outside a film set, so let's assume Marie-Antoinette employed her time's equivalent of a full-time movie studio makeup artist, who would <a href="http://work.chron.com/movie-makeup-artists-paid-14891.html">earn $88,000 a year</a>. That's $240 a day. Throw in $60 a day for the makeup itself.</p> <h2>Entertainment: $40,000</h2> <p>Entertainments would vary, but consider that nowadays you can easily spend $400 on a ticket to the opera or a Broadway show. Then assume you're paying for 100 of your best buddies to see it with you. Boom.</p> <h2>Little Farm: $200</h2> <p>Marie-Antoinette liked to leave Versailles proper to visit her little hamlet and working farm, where pigs, cows, and rabbits were raised, and vegetables grown. Operating a small farm costs about <a href="http://littleseedfarm.com/to-be-a-farmer-blog/small-farm-operating-expenses.html">$200 a day today</a>.</p> <h2>Overhead: $150,000</h2> <p>It costs France about $54 million a year to maintain and operate Versailles today, which works out to be $150,000 per day. True, the palace is used very differently now than it was in Marie-Antoinette's days, but let's call the many differences a wash.</p> <h2>Total: $241,700</h2> <p>While this is of course an educated guess, by looking at Marie-Antoinette's meals, clothing, toilette, entertainment, and overhead costs, it seems reasonable that you could live like her for a day for a few hundred grand. Just remember that it's important to specify <em>which</em> day you want to emulate: Certainly not Sept. 21, 1792, the day Marie-Antoinette's body was separated from her once-finely-coiffed head.</p> <p><em>If Marie-Antoinette is not your choice, which Queen (or King) would you choose to live like for a day?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/carrie-kirby">Carrie Kirby</a> of <a href="http://www.wisebread.com/how-much-would-it-cost-to-actually-live-like-a-queen-for-a-day">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-surprising-ways-summer-will-cost-you">7 Surprising Ways Summer Will Cost You</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-frugal-guests-guide-to-surviving-wedding-season">The Frugal Guest&#039;s Guide to Surviving Wedding Season</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-143-fun-and-frugal-ways-to-spend-your-weekend">Flashback Friday: 143 Fun and Frugal Ways to Spend Your Weekend</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/could-you-save-money-by-subscribing-to-an-addictive-game">Could you save money by subscribing to an addictive game?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/chinese-money-habits-how-my-culture-influences-my-attitudes-toward-money">Chinese Money Habits - How My Culture Influences My Attitudes Toward Money</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Lifestyle extravagance kings luxury marie antoinette princesses queens royalty Thu, 26 May 2016 09:00:12 +0000 Carrie Kirby 1717318 at http://www.wisebread.com 8 Things I Learned About Money After Getting Married http://www.wisebread.com/8-things-i-learned-about-money-after-getting-married <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/8-things-i-learned-about-money-after-getting-married" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/married_couple_game_000017059049.jpg" alt="Learning things about money after getting married" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Marriage comes with its fair share of life lessons, and money is among the most prominent of these. Here's what I've <a href="http://www.wisebread.com/9-ways-getting-married-is-good-for-your-finances" target="_blank">learned about money while being married</a> &mdash; for better and worse.</p> <h2>1. Credit Scores and Debt Should Be Laid Bare While You're Still Dating</h2> <p>Money is a taboo subject, in general, and couples &mdash; especially new ones who are still navigating the muddy waters of a blossoming relationship &mdash; don't like to talk about the financial predicaments they may be in. But these conversations are necessary.</p> <p>My husband and I were sort of forced into the conversation as we bought our first home before we got married, but even if that's not on the horizon for you and your partner, it's still good to assess the <a href="http://www.wisebread.com/7-ways-to-increase-your-credit-score-quickly" target="_blank">credit score and debt</a> situation so you both know what you're dealing with. That's not to say that you should dump somebody because their financial standing isn't as great as you might have hoped it would be, but it's certainly a factor to consider as you plan your life together.</p> <h2>2. Discuss Future Financial and Investment Goals Before Saying &quot;I Do&quot;</h2> <p>Before I got married I had plans for my future, but those plans changed (at least a little) when I decided to get hitched. I adapted my strategy to accommodate my husband &mdash; but I didn't derail it altogether, and I don't recommend that you do either. It's about compromise &mdash; it's beneficial to discuss your specific plans and goals ahead of your nuptials. Your partner may not want to open that new business, or carry the potential financial burden that comes along with it. On the other hand, your spouse may be totally on board with how you've mapped out your financial future and/or investments, and vice-versa. But you won't know until you discuss it.</p> <p>Lay it all out on the table before getting anywhere near the altar so you each have a clear idea of where your relationship is headed financially (in theory, at least) once you're joined in holy &mdash; and legally binding &mdash; matrimony.</p> <h2>3. Schedule Uninterrupted Time to Discuss Your Finances in Depth</h2> <p>The only way my husband and I stay on the same page about our finances &mdash; and, specifically, the money that's coming in and going out on a constant basis &mdash; is to schedule time to discuss where we're at financially. We usually have a dinner date once a month where at least part of the conversation is about our budget, expenses, debt, and increases or decreases in expected income.</p> <p>We also have an annual meeting at the end of the year to discuss what we anticipate the next year's expenses to be, and how we plan to meet them. While it's not easy integrating another person into the mix financially &mdash; and it can sometimes be stressful for you if you've overspent or missed a bill and you don't want it to result in an argument &mdash; it's needed so that you can both stay on track and repair snags together.</p> <h2>4. Keep Your Family Out of Your Finances &mdash; Period</h2> <p>In a perfect world, we'd all be rich and nobody would want for anything. That's not the case, however, and sometimes family and friends come knocking for a loan. My general rule is to not provide this type of financial support to anyone, as it rarely turns out well &mdash; and most people will tell you that. My husband, on the other hand, views this subject differently, and there's been at least one time where there was zero discussion about providing the loan to a family member, and I didn't find out about it until after the fact.</p> <p>I wasn't particularly bothered by the amount of the loan or to whom it went &mdash; it was his money and he could do what he wanted with it &mdash; but rather that I wasn't included in the conversation. Even though I wasn't contributing to this particular loan, it could have affected our ability to purchase or finance something we needed down the road, and I felt as if I had the right to be informed.</p> <h2>5. You're Morally and Legally Obligated to Help One Another Financially</h2> <p>Whether you like it or not, whatever happens to your spouse financially also, in a sense, happens to you. This could mean a moral obligation to get out of whatever money pickle you may have gotten into, or, worst-case scenario, it could be a legal obligation, like if you file joint taxes and owe the government money. The IRS debt may be the result of one or the other's financial status &mdash; like if you have taxes taken out automatically each pay period from employment, but your spouse is an entrepreneur (like I am) who pays estimated taxes &mdash; but legally you're both on the hook for the debt. Not being prepared for this situation, or how to handle it responsibly and fairly, can lead to resentment and loads of other issues that you're better off without.</p> <h2>6. Keeping Separate Accounts Can Help Maintain Some Independence</h2> <p>My husband and I keep a joint account for shared purchases, like vacations, but we've also always maintained our own separate checking and savings accounts. For some couples this may seem odd, but for us it's helped us keep a part of our individual independence intact. While we consult each other on major purchases, we don't have to ask one another if we can buy some of the smaller things or little luxuries that we want, which in turn helps us to avoid nitpicking each other about things we don't think the other one should be buying.</p> <p>I can only imagine how couples who co-mingle all their money argue about how many coffees or beers each is buying per week, the 19th pair of new shoes she's bought this year, or the new video game he brought home. The bottom line for us is that the bills get paid and we're still able to save; we're allowed to treat ourselves every now and then without having to ask permission or fear retribution.</p> <h2>7. Debt Can Destroy Your Relationship &mdash; If You Let It</h2> <p>A few years ago I discovered a substantial amount of debt that my husband racked up, and I was completely gutted over the situation. How, why, when, where? So many questions went through my mind, not the least of which was, how are we going to pay this off? I was lucky in that regard as my husband took full responsibility for it and promised to pay it off himself &mdash; and he has. But it may not work out like that for everyone.</p> <p>If your partner isn't capable of paying off the debt, you, in fact, may be responsible for it too if it's attached to a joint credit card or another joint account. When that happens, it will likely put a major strain on your relationship. Old debt is one thing, but new debt &mdash; that is, debt acquired singularly by one partner while you're in the relationship &mdash; has a much more damaging and lasting effect. We were able to get past this and get back on track, but it's not easy. It definitely puts stress on the marriage, which can further worsen an already rocky relationship.</p> <h2>8. Money Doesn't Buy Happiness</h2> <p>All the houses, nice cars, designer clothes, and luxury goods in the world will not make you happy in a relationship you don't want to be in. When you're sitting among all your beautiful things and you wonder why you seemingly have everything but still aren't satisfied, you need to look beyond the bling. There's a deeper issue for which you're trying to compensate. Talk about it; make decisions. Your mental health is worth more than what's in your bank account &mdash; always. Remember that.</p> <p><em>What has marriage taught you about money?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mikey-rox">Mikey Rox</a> of <a href="http://www.wisebread.com/8-things-i-learned-about-money-after-getting-married">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-simple-ways-to-split-bills-with-your-spouse">3 Simple Ways to Split Bills With Your Spouse</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/make-love-not-money-sort-of">Make Love, Not Money (Sort Of)</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-bad-money-habits-youre-teaching-your-kids">4 Bad Money Habits You&#039;re Teaching Your Kids</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/when-should-you-say-no-to-those-who-want-to-borrow-money-from-you">When Should You Say No to Those Who Want to Borrow Money from You?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ow-do-you-deal-with-family-members-who-are-bad-at-managing-money">How Do You Deal With Family Members Who Are Bad At Managing Money?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance Family Lifestyle budget meetings compromises credit scores debt marriage money lessons relationships spouses Tue, 24 May 2016 09:30:21 +0000 Mikey Rox 1716048 at http://www.wisebread.com What You Can Buy With $5,000 http://www.wisebread.com/what-you-can-buy-with-5000 <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/what-you-can-buy-with-5000" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/kitten_cash_000008767834.jpg" alt="Learning you can buy a kitten and more for $5,000" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p><em>If I had a million dollars&hellip;</em></p> <p>So the song by Canadian alt rockers Barenaked Ladies goes. While it may be fun to imagine what you would spend a cool mill on, it's a lot more realistic to imagine that you may find yourself with $5K to dispose of as you wish. Maybe you got a big tax refund this year, or an unknown uncle left you a little something.</p> <p>Whatever the backstory, here are 11 fun and/or responsible things you could do with $5,000.</p> <h2>1. Pay Off Credit Card Debt</h2> <p>The average American household with credit card debt owes about $15,000. If this is you, making only the monthly minimum payment at a very typical 15% annual interest rate, it could take you seven years to pay off &mdash; and you'd end up wasting $8,000 to $9,000 on interest.</p> <p>Pay down $5,000 of that debt now, and you could finish paying the rest in half the time, for only about $3,000 total interest. (See also: <a href="http://www.wisebread.com/when-to-do-a-balance-transfer-to-pay-off-credit-card-debt?utm_source=wisebread&amp;utm_medium=seealso1&amp;utm_campaign=article">Use a Balance Transfer to Pay Off Debt Faste</a>r)</p> <h2>2. Get a Cat</h2> <p>Half leopard, half house cat, the Bengal is a beautiful animal and can be yours for <a href="http://adorablekittens.com/20-of-the-most-expensive-cat-breeds-in-the-world/18/">just about $5,000</a>.</p> <p>If being ignored by one feline doesn't cut it for you, you can get more cat for your cash by adopting. With an average fee of around $100, you could bring home <a href="http://www.thecatsite.com/a/how-much-does-it-cost-to-adopt-a-shelter-cat">50 felines for $5,000</a>. Then again, maybe you'll need to save some money for litter and food &mdash; and a really good vacuum cleaner.</p> <h2>3. Start a Business</h2> <p>There are a number of low-overhead businesses you could start with a $5,000 or smaller investment, many of them work-from-home gigs such as being a <a href="http://www.cheatsheet.com/business/15-businesses-you-can-start-with-5000-or-less-2.html/?a=viewall">virtual assistant</a> (expenses include computer, phone, Internet, and possibly training and marketing). You could also buy a small franchise, such as a <a href="http://www.thefranchisemall.com/franchises/details/13818-0-all_american_hot_dog_carts.htm">hot dog cart</a>, for $5,000 or less.</p> <h2>4. Take Your Inner Geek on a Vacation of a Lifetime</h2> <p>For about $5,000, you can take the <a href="http://www.firstlighttravel.com/group-tours/new-zealand-adventure-tours-new-zealand/new-zealands-lord-rings-location-tour">Lord of The Rings New Zealand Tour</a>. The trip includes staying at the adorable Hobbit Hotel &mdash; but second breakfasts and elevenses are on you.</p> <h2>5. Bank It</h2> <p>Interest rates are still low, but you can get <em>some</em> return on your money if you deposit it.</p> <p>EverBank currently pays 0.61% on its money market accounts and compounds interest daily, so after five years of compounding interest, you would have $5,154. So basically, after five years of saving, you'll have earned enough interest to buy a scooter or have your house cleaned once.</p> <h2>4. Give It to an Old Person: Future You</h2> <p>If you're not regularly depositing money in an IRA from your paycheck, you can meet almost the entire year's <a href="https://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Retirement-Topics-IRA-Contribution-Limits">maximum deposit</a> with a $5,000 lump sum contribution.</p> <p>Because traditional IRAs grow tax-free, you might be amazed at how much your $5,000 deposit could blossom into by the time you retire. Assuming a 7% annual return, if you deposit $5,000 at age 20, you could have more than $50,000 by age 65. Not bad!</p> <h2>5. Indulge Yourself for a Year</h2> <p>For $5,000, you could get a one-year subscription to a <a href="https://www.caskers.com/clubs/whiskey/">whiskey club</a> ($600), a <a href="http://www.1-800-kobebeef.com/48ozkobestpe.html">Kobi beef of the month club</a> ($1,250), a <a href="http://thefreshlobstercompany.com/product-category/seafood-of-the-month-club/">seafood of the month club</a> (about $1,660), a <a href="http://www.sweetemotionscandy.com/">candy of the month club</a> (about $300), and order one <a href="https://www.soothe.com/sf?utm_source=google&amp;utm_medium=cpc&amp;utm_campaign=san+francisco&amp;gclid=CjwKEAjw0pa5BRCLmoKIx_HTh1wSJABk5F_4CGfgwWvoqqotkCvC7pNOm8aG4rKMnxmebDmV5JZU7BoCyJDw_wcB">in-home massage</a> per month ($1,200). A great deal for xenophobes, freelance writers, or folks on house arrest!</p> <h2>6. Donate to Charity</h2> <p>It will make you feel great, and you can deduct your gift from your taxable income. Make sure your recipient is a qualified nonprofit &mdash; you can look it up on the <a href="https://apps.irs.gov/app/eos/">IRS website</a> &mdash; and remember that you need a letter of verification from the charity for all donations over $250.</p> <h2>9. Eat a Burger</h2> <p>The <a href="http://www.alux.com/most-expensive-burger-in-the-world/">Fleurburger 5000</a>, served at Hubert Keller's Fleur eatery in Las Vegas, is made with Wagyu beef, foie gras, shaved black truffles, and truffle oil. It comes with a bottle of fine wine &mdash; and fries.</p> <h2>10. Grill Your Own Burgers In an Outdoor Kitchen</h2> <p>While you can flip burgers on the most inexpensive hibachi, making your yard into a <a href="https://www.angieslist.com/articles/how-much-does-outdoor-kitchen-cost.htm"><em>plein air</em> living space</a> where you can comfortably cook starts around $5,000 for a decent grill, an island with a built-in refrigerator, and a dining set.</p> <h2>11. Skip Waiting in Lines for a Year</h2> <p>Estimates for how much time Americans spend waiting in line in a lifetime vary from <a href="http://content.time.com/time/magazine/article/0,9171,1657807,00.html">two to five years</a>. That boils down to hundreds of hours per year! You can pay line waiters about $25 per hour on TaskRabbit or through local services. So for $5,000, you can get out of 200 hours of line waiting. Pro tip: Don't blow it all on one phone.</p> <p><em>What would you do with $5000?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/carrie-kirby">Carrie Kirby</a> of <a href="http://www.wisebread.com/what-you-can-buy-with-5000">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-5"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-free-things-that-arent">8 &quot;Free&quot; Things That Aren&#039;t</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flower-power-a-guide-to-frugal-valentines-flowers">Flower Power - A Guide to Frugal Valentine&#039;s Flowers</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/unbearably-stupid-packaging">Dumbest packaging ever?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-life-is-wonderful-when-youre-debt-free">6 Ways Life is Wonderful When You&#039;re Debt-Free</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-resistance-bands">The 5 Best Resistance Bands</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle Shopping donating extra money Food Paying Off Debt pets savings Splurging windfalls Wed, 18 May 2016 09:30:22 +0000 Carrie Kirby 1703944 at http://www.wisebread.com Should You Budget Like You Diet? http://www.wisebread.com/should-you-budget-like-you-diet <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/should-you-budget-like-you-diet" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_cupcakes_000055050698.jpg" alt="Woman budgeting the way she diets" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>&quot;Spend less&quot; is right up there with &quot;lose weight&quot; and &quot;eat better&quot; as one of the more popular New Year's resolutions of all time. We are almost halfway through 2016 and, whether your resolutions are going well or poorly, there's probably room for improvement.</p> <p>It's a great time to sit back and evaluate your resolutions. Are you achieving your goals? Do you feel half-hearted, at best, about the things you're pursuing? What can you do to improve over the rest of the year?</p> <p>If you wanted to <a href="http://www.wisebread.com/6-old-school-tools-to-help-you-stay-on-budget" target="_blank">budget better and spend less</a>, you can take some hints from the people trying to lose weight. In some ways, these are very similar endeavors, and you can learn from the things we know about losing weight to gain some financial heft.</p> <h2>Think Simple</h2> <p>Michael Pollan is famous for saying that we should only eat food with <a href="http://www.webmd.com/food-recipes/20090323/7-rules-for-eating">five or fewer ingredients</a>, all of which we recognize and can pronounce. This helps dieters to eliminate junk from their diets, and a similar simplicity can help you spend less.</p> <p>Think about paring down your life so that you only buy things you need, or taking certain extravagant categories out of your budget entirely. You might consider selling the five pairs of shoes that you never wear and replacing them with one that actually meets your needs. Or maybe you don't really need to go to happy hour every evening, after all. When you eliminate these things from your financial diet, you will spend less.</p> <h2>Prepare Yourself Ahead of Time</h2> <p>Some people gain weight simply because they never have healthy food around. They can combat this by meal planning and prepping &mdash; spending some time, once or twice a week, getting food ready for the next few days. This can include meals, snacks, even desserts. Similarly, if you sit down once a week to plan your spending, you can save money.</p> <p>Take 30 minutes every week to look ahead at what you'll need to spend money on. Maybe you need to buy lunch for your team at work this week, or you've got to have a new clothes dryer. Work out how you're going to find the money for those things. You can even do some research online, so you know about how much you'll spend. Even just having a ballpark figure in your mind can help you refrain from overspending when making the actual purchase.</p> <p>For larger items, take the time to research different options, etc. Decide what features you really need, want, and can afford, so you don't end up splurging last minute.</p> <h2>Consistency Is Key</h2> <p>One of the major principles of modern weight loss is consistency. You can't just eat well one or two days a week, but you need to make good food choices every day. Similarly, if you want to spend less money, you need to figure out how to consistently make good financial choices, too.</p> <p>Figure out what motivates you financially. Are you saving for a trip to the Caribbean? Do you want to buy a new car or a house or know that you can retire at 60? Keeping your goals in the forefront of your mind (and even writing them down where you can see them) will help you remember, every day, that every choice matters.</p> <h2>There Are No Villains Here</h2> <p>Dieters are learning that there's <a href="http://www.foodnavigator-usa.com/R-D/Is-the-there-is-no-such-thing-as-bad-foods-only-bad-diets-argument-helpful">no such thing as a bad food</a>. Sure, some foods have less nutritional value, but when you're craving something, it's better to have a little than to deprive yourself now and binge later. A similar principle can apply financially.</p> <p>If there's something you really want to buy, and you say no and think about it for a week or a month and you still want it, it's worth looking into ways to get it. If you need to save, start a special savings account. If you can fit it in your budget by taking other, non-essential things out, then make it work. Otherwise, wanting that thing can make you miserable.</p> <p>Along the same lines, there are no absolute rules for saving. There's nothing that says it's always wrong to spend money, and no saving formula that works for everyone. Instead of villainizing certain items and methods, realize that there is a time and place for everything, even in your budget.</p> <h2>Take Baby Steps</h2> <p>Dieters often find that taking baby steps &mdash; making small changes one at a time &mdash; is more effective for achieving their goals than overhauling their lives entirely. Budgeting and saving money can be like that, too.</p> <p>Instead of eliminating whole categories from your budget (&quot;I'm not going to eat out at all this month!&quot;), try making incremental changes (&quot;I'm only going to eat out twice, instead of four times, this week.&quot;). These kinds of changes will make you feel less like you are missing out, and you will still end up with more money in the bank than you would have otherwise.</p> <h2>Do It Yourself</h2> <p>People who cook their own food often end up weighing less than those who don't. In a similar vein, people who DIY it as much as possible often save money.</p> <p>Last week, my washing machine stopped working. I had several people send me names and numbers of repair folks. I'm sure they were well-intentioned, but I decided to try it myself, first. Sure, it took a couple of hours and some YouTube-ing, but I was able to do the necessary repairs on my own. I saved myself at least a couple hundred dollars because I didn't call the repair guy.</p> <p>There are a lot of things you can learn to do online in order to save yourself some cash. Sure, you have to balance the cost of your time and energy with what you'd spend, but it's often fiscally worthwhile, not to mention satisfying, to do simple repairs and food prep yourself.</p> <h2>Take a Financial Cheat Day Now and Then</h2> <p>Some weight loss experts consider it wise to plan a cheat day (or a cheat meal) into your diet so you don't feel so deprived and end up binging. Planning a <a href="http://money.usnews.com/money/blogs/my-money/articles/2016-02-04/why-you-need-financial-cheat-days">financial cheat day</a> can function very much the same way.</p> <p>Note that a cheat doesn't have to be huge. Buy your coffee instead of making it one day a week, or take your family for authentic Mexican instead of Taco Bell. Plan your cheats around things you really want, things that are satisfying to you, and you'll be able to stick to a stricter budget the rest of the time and, ultimately, you'll spend less than if you tried to restrain yourself all the time.</p> <p><em>Do you budget like you eat? What does that look like for you?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/sarah-winfrey">Sarah Winfrey</a> of <a href="http://www.wisebread.com/should-you-budget-like-you-diet">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-6"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/wisdom-from-my-favorite-frugal-tv-character-julius-rock">Wisdom from My Favorite Frugal TV Character - Julius Rock</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-big-expenses-you-can-easily-get-rid-of">10 Big Expenses You Can Easily Get Rid Of</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-create-your-dream-backyard-on-a-budget">How to Create Your Dream Backyard on a Budget</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-the-81-best-tips-for-saving-big-at-the-grocery-store">Flashback Friday: The 81 Best Tips for Saving Big at the Grocery Store</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-day-debt-reduction-plan-pay-it-off">5-Day Debt Reduction Plan: Pay It Off</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Budgeting Food and Drink Lifestyle cheat days cutting costs DIY expenses simplifying spending less Tue, 17 May 2016 09:30:26 +0000 Sarah Winfrey 1706850 at http://www.wisebread.com 4 Bad Money Habits You're Teaching Your Kids http://www.wisebread.com/4-bad-money-habits-youre-teaching-your-kids <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/4-bad-money-habits-youre-teaching-your-kids" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/child_hammer_piggy_bank_000070437303.jpg" alt="You are teaching your kids bad money habits" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Money is a taboo subject in our culture, which means it can be tough for parents to know how to talk to their kids about it. But children are little sponges, and the lessons they learn about money may not be the ones you intend to teach them.</p> <p>Here are four bad money habits you might be passing along to Junior and Sis, without even realizing &mdash; and how to start teaching them positive money lessons. (See also:&nbsp;<a href="http://www.wisebread.com/6-fun-games-that-teach-your-kids-about-money?ref=seealso" target="_blank">6 Fun Games That Teach Your Kids About Money</a>)</p> <h2>The Bad Habit: Entitlement</h2> <p>Every single parent has had this moment. You have made it clear to your kid that they may <em>not</em> have the candy bar or Thomas the Tank Engine figurine or other coveted <em>object du jour</em> &mdash; but the fit they throw in the store is worthy of a gold medal at the temper tantrum Olympics, and it's easier to give in than fight your sobbing child all the way back to the car.</p> <h3>How You Teach It: Caving in to the Tantrum</h3> <p>We all know this is the wrong move, but some days your nerves are stretched to the breaking point and it's just easier to buy the candy bar. However, making a habit of caving to a tantrum can lead to a child who rivals Veruca Salt in feeling entitled to anything and everything money can buy.</p> <h3>The Better Move: Acknowledge Your Child's Wants</h3> <p>The best way to head off an incipient <em>I want it NOW</em> temper tantrum &mdash; and thereby teach the difference between needs and wants &mdash; is to recognize that to your child, this <em>is</em> a big deal.</p> <p>For instance, with my own kids, I will often respond that the candy bar <em>does </em>look delicious, but that it's going stay at the store and not come home with us. Similarly, I encourage my kids to say &quot;bye-bye&quot; to toys or books they want me to buy, giving them the opportunity to make the transition from coveting the item to letting it go. It's not a foolproof method, but it does help them to at least have a framework for letting go of wants that they can't have.</p> <h2>The Bad Habit: A Scarcity Mindset</h2> <p>Knowing how much to tell your kids about big topics is something that all parents grapple with, and money is no different. That's why many parents end up simply falling back on stock answers like &quot;We can't afford it&quot; when their kids ask for something.</p> <h3>How You Teach It: Saying &quot;We Can't Afford That.&quot;</h3> <p>The problem with doing this is twofold. On the one hand, it can make kids feel resentful about how money is spent in the family if they do not understand why you make the financial decisions you do. They might notice that their sibling got new shoes but you couldn't afford the video game they wanted that cost the same amount.</p> <p>In addition, hearing that something is unaffordable can make kids worry about money and start focusing on instant gratification. Kids who hear that their parents can't afford something are learning that money is a scarce commodity, and that it should be used up quickly when it is available.</p> <h3>The Better Move: Invite Your Children to Plan Their Purchases</h3> <p>The big problem with the scarcity mindset is that it leads to zero-sum thinking and takes control out of your child's hands. If your teen wants to go on a ski trip with her friends, saying &quot;We can't afford that&quot; simply shuts down the entire discussion and makes her think that things might be more affordable if it weren't for that bratty little brother of hers.</p> <p>Instead, you could ask your teen &quot;How can you afford this?&quot; and put the control right back in her hands. That will allow her to start thinking of money as something she can earn and control, rather than something that controls her life.</p> <h2>The Bad Habit: Relying on the Bank of Mom and Dad</h2> <p>Your son has spent all of his allowance for the week when he is invited to go to the fair with his friends. Even though you swore you wouldn't give him an advance on next week's allowance again, you hand over some cash so he doesn't miss out on fun with his friends.</p> <h3>How You Teach It: Solving Your Kids' Problems for Them</h3> <p>This is such an easy habit to fall into, but it's a terrible lesson for your child. Watching your kid miss out on something &mdash; even if the problem is their own making &mdash; is tough for parents. You want to give them a fun childhood.</p> <p>But it is so important for children to learn that financial decisions have consequences, and spending all of their allowance money as soon as they have it means there's no money for other opportunities.</p> <h3>The Better Move: Let Your Kids Be Disappointed</h3> <p>It is far better to learn the lessons about financial planning when the stakes are low than when your child is an adult and has to ask you for rent money. Feeling the disappointment of missing out on the fair and understanding that you are not there to bail them out of financial woes is a lesson that will stay with your child &mdash; and keep you from having to maintain the bank of Mom and Dad into their adulthood.</p> <h2>The Bad Habit: Seeing Work as a Chore</h2> <p>Unloading about your terrible day at work is a natural reaction to stress. It's not a big deal to let your spouse and family know that you've had a tough day and that no one is to say the word &quot;spreadsheet&quot; within your hearing for the evening.</p> <h3>How You Teach It: Complaining About Your Job</h3> <p>The problem is when the only way you talk about work is through complaints. This teaches your children that work is a chore that must be gotten through in order to collect a paycheck. And while work can sometimes be that, it can also be a satisfying career, or even a higher calling that energizes you. Even if you do not have that kind of relationship with your job, you do want your kids to know that it's possible.</p> <h3>The Better Move: Express Whatever Gratitude You Can for Your Job</h3> <p>One of my favorite parts of the truly terrible final episode of <em>How I Met Your Mother</em> was the running gag about how much the character Marshall hated his corporate law job, but refused to say anything negative about it. Instead of complaining, he would say that his chair was reasonably comfortable and that he didn't cry at work more than twice that week.</p> <p>Though this is clearly an exaggeration, it is a good method to adopt when your job is stressful. Not only will you remember the good things in your job &mdash; even if it's just the fact that you're grateful to have a paycheck &mdash; but it will also help you remember that your kids are learning about the world from you. You don't want them to think growing up is the worst thing in the world.</p> <h2>Teach Your Children Well</h2> <p>Money habits are often picked up unconsciously, rather than taught. Instead of letting your children unknowingly learn negative financial habits, make sure you are intentional with your money lessons. It will pay off in the long run, even if it does cause more temper tantrums in the short run.</p> <p><em>Are you teaching your kids these &mdash; or other &mdash; bad money habits? What are you doing instead?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/emily-guy-birken">Emily Guy Birken</a> of <a href="http://www.wisebread.com/4-bad-money-habits-youre-teaching-your-kids">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-ways-having-kids-makes-you-more-frugal">8 Ways Having Kids Makes You More Frugal</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-use-new-toys-to-teach-kids-about-money">How to Use New Toys to Teach Kids About Money</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-things-i-learned-about-money-after-getting-married">8 Things I Learned About Money After Getting Married</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-fun-games-that-teach-your-kids-about-money">6 Fun Games That Teach Your Kids About Money</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/downsizing-with-kids">Downsizing With Kids</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Family Lifestyle allowances bad habits children job stress kids money lessons spoiled Wed, 11 May 2016 10:00:11 +0000 Emily Guy Birken 1703949 at http://www.wisebread.com Does Personality Type Determine Your Income? http://www.wisebread.com/does-personality-type-determine-your-income <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/does-personality-type-determine-your-income" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_wearing_glasses_000043951776.jpg" alt="Woman&#039;s personality type determining her income" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Designed to decode and make sense of a person's perception of the world, the <a href="https://www.16personalities.com/personality-types">Myers-Briggs personality test</a> has been helping people tap into their psyche in order to boost career and relationship successes since the 1960s. Now you can also use Myers-Briggs to discover whether you're likely to earn more money or power in the workplace.</p> <p>A new analysis of nearly 26,000 people representing diverse Myers-Briggs personality outcomes offers a glimmer of insight into <a href="http://www.truity.com/sites/default/files/PersonalityType-CareerAchievementStudy.pdf">income and job satisfaction potential</a>, complete with tips for capitalizing on your top money-making traits. Read on to find out whether you're destined for great fortune, and if you're not, what you can do about it. (See also:&nbsp;<a href="http://www.wisebread.com/6-reasons-introverts-make-the-best-employees?ref=seealso" target="_blank">6 Reasons Introverts Make the Best Employees</a>)</p> <h2>Extroverts Rake It In</h2> <p>Here's how it works: Myers-Briggs asks us a series of questions, analyzes our behavioral tendencies based on our answers, and then assigns us one of 16 personality types. These personality types are based on four major psychological preferences. One of those preferences is Extroversion versus Introversion.</p> <p>Extroverts are those who prefer to focus their time and energy on what's going on in the world around them, while Introverts preoccupy themselves with their own inner world of ideas. When it comes to bringing home the bacon, it turns out that Extroverts have the bigger payday. In fact, of all the Myers-Briggs personality types, Extroverts are the top earners. The reason is this: Extroverts are generally more willing to take on managerial roles, and these roles often bring about a boost in income. Introverts, on the other hand, tend to be among the lowest earners, for reasons including a general aversion to managerial responsibility.</p> <h2>Thinkers and Judgers Earn More</h2> <p>Some of the highest earners are Thinkers &mdash; those who like to analyze the pros and cons of a situation before making a decision, rather than focusing on the people involved &mdash; and Judgers &mdash; those who prefer a structured lifestyle as opposed to one that's more flexible. Your fortune is likely to be even higher if your personality encompasses both these traits.</p> <p>Thinkers are more likely to take on a supervisory role in the workplace, which usually leads to higher incomes. Thinkers, however, tend to have lower job satisfaction in these supervisory roles, which means it's important for Thinkers to be aware that increased wealth doesn't equal increased happiness. Folks who are Judgers, on the other hand, are inclined to pay close attention to organization and scheduling at work &mdash; and that seems to lead them to greater success and, in turn, higher pay.</p> <h2>Sensors Trump Intuitives</h2> <p>One of the psychological preferences analyzed by Myers-Briggs is Sensing and Intuition. The breakdown is as follows: If you pay more attention to information gathered through your five senses, you fall under the Sensing category. You are Intuitive if you place a high value on impressions or the meaning of patterns in the information that comes your way.</p> <p>All of us are Sensing and Intuitive at one time or another, but most of us have an inclination toward one or the either. Here's the good news for Sensors: Your income tends to be higher than that of Intuitives. That's because Sensors are slightly more likely than Intuitives to manage larger teams. And as with the previous examples, managerial roles tend to pay better.</p> <h2>Fakers May Make the Most of All</h2> <p>Of course, anyone can develop a personal organization practice to stay on top of deadlines like a Judger or take on a job at the highest rung of the corporate ladder like an Extrovert. And that means anyone can boost his or her chances of attaining a higher payday by adopting favorable behaviors that don't come naturally. You can't alter your personality type, but you can certainly fake it to your benefit.</p> <p><em>What's your type? Does it match your earnings?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/brittany-lyte">Brittany Lyte</a> of <a href="http://www.wisebread.com/does-personality-type-determine-your-income">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/invest-your-time-in-these-13-things-while-youre-in-your-20s">Invest Your Time in These 13 Things While You&#039;re in Your 20s</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/financial-tricks-to-master-for-a-happier-life">Financial Tricks to Master for a Happier Life</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/living-a-life-of-weisure">Living a Life of Weisure?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/retirement-on-the-installment-plan">Retirement on the installment plan</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-careers-that-offer-student-loan-forgiveness">5 Careers That Offer Student Loan Forgiveness</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle career earnings extroverts introverts myers-briggs personality type thinkers Wed, 04 May 2016 10:30:04 +0000 Brittany Lyte 1699779 at http://www.wisebread.com 5 Reasons to Keep Your Money Separated After Marriage http://www.wisebread.com/5-reasons-to-keep-your-money-separated-after-marriage <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-reasons-to-keep-your-money-separated-after-marriage" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/wedding_married_couple_000059191426.jpg" alt="Couple learning reasons to keep money separate after marriage" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Money may not be the root of <em>all</em> evil &mdash; but it's the clincher in a great many relationships gone haywire. Research shows that arguing about money is by far the top predictor of divorce. &quot;It's not children, sex, in-laws, or anything else. It's money &mdash; for both men and women,&quot; says Sonya Britt, an assistant professor at Kansas State University who <a href="https://www.k-state.edu/media/newsreleases/jul13/predictingdivorce71113.html">conducted a study</a> of 4,500 couples about the interplay between financial arguments and relationship satisfaction.</p> <p>We all have deeply ingrained beliefs about how money should be spent, when it's appropriate to splurge, and how much we should have stowed away in savings. And it can be difficult to the point of deal-breaking to try and mesh our own attitudes about money with another person's financial beliefs, which very well may differ drastically from our own. That's why a large number of financial advisers urge couples to remain financially independent.</p> <p>Read on for our roundup of the top reasons why it pays to keep money matters separate in your relationship. (See also:&nbsp;<a href="http://www.wisebread.com/6-ways-regular-budget-meetings-might-save-your-marriage?ref=seealso" target="_blank">6 Ways Regular Budget Meetings Might Save Your Marriage</a>)</p> <h2>1. You'll Avoid a Power Imbalance</h2> <p>Merging finances means there's no more &quot;yours&quot; and &quot;mine&quot; in the money department. The divisions blur and it all goes into the same piggy bank. But what if your partner earns much more than you, and now you're suddenly living a lifestyle you can afford only with your partner's assist? What if the opposite is true, and you're subsidizing your partner's income with your own earnings? When your relationship is healthy and sparkling, you might not be bothered by either of these scenarios. But what about in the wake of a blowout fight?</p> <p>Or let's say you're the breadwinner in the relationship and you subsidize a good chunk of your partner's lifestyle because he or she isn't earning enough to keep up. Then, suddenly, you lose your job and your partner's income isn't enough to pick up the slack. Would you feel resentful? How would you cope with that? This is the kind of financial imbalance that has a tendency to instigate the fights that ultimately tear couples apart. Luckily, you can avoid them by keeping your financials separate from your sweetie's.</p> <h2>2. We're More Accustomed to Financial Independence Than Ever</h2> <p>Young adults are <a href="http://www.census.gov/hhes/families/data/marital.html">delaying marriage longer than ever</a> before. The average age of people at their first marriage in the U.S. today is about 27, which means many people rack up six or more years of complete financial independence before saying their vows. The money habits we develop during our years as single adults become so deeply ingrained in us that it's difficult to shift them in an attempt to mesh with the financial habits of our partner.</p> <p>And, unfortunately, finding common ground on financial matters is not necessarily something that gets better with practice. When asked how much they will need to save to maintain their current lifestyle in retirement, for example, nearly <a href="https://www.fidelity.com/about-fidelity/individual-investing/fidelity-couples-study">half of all couples are in disagreement</a> about the amount needed. This level of disagreement is highest, however, among those who are closest to retirement.</p> <h2>3. It Promotes Healthy Spending Habits</h2> <p>Financially independent couples tend to practice better discipline when it comes to paying off their own debts. And that makes for a healthy relationship. When one partner starts to feel like their partner's pockets are deep enough to offset the burden of their own financial risks, they sometimes become irresponsible in their spending and saving habits. And that can create the kind of friction that could start a fiery argument later on down the road.</p> <h2>4. It Balances the Burden of Money Stress</h2> <p>When one partner becomes the sole organizer of a couple's fiscal matters, he or she runs the risk of becoming overwhelmed by the responsibility &mdash; and that can throw an entire relationship off balance. But when both partners take charge of their separate finances and contribute to mutual expenses fairly, any money stress that arises is shared, making it much more manageable to find relief as a team.</p> <h2>5. A Breakup Won't Mean Financial Chaos</h2> <p>When you maintain financial independence, you avoid the risk of your personal financial situation falling apart just because your relationship did. Paying your fair share in a relationship also makes for a cleaner emotional break if you one day decide to split. When one partner consistently treats the other to dinners and vacations, or pays the majority of the bills, resentment is bound to brew during a breakup. The partner who paid more might even feel entitled to reimbursement.</p> <p><em>Separate or apart &mdash; how do you manage money with your partner? </em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/brittany-lyte">Brittany Lyte</a> of <a href="http://www.wisebread.com/5-reasons-to-keep-your-money-separated-after-marriage">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-9"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-simple-ways-to-split-bills-with-your-spouse">3 Simple Ways to Split Bills With Your Spouse</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-things-i-learned-about-money-after-getting-married">8 Things I Learned About Money After Getting Married</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/47-simple-ways-to-waste-money">47 Simple Ways To Waste Money</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-types-of-friends-who-are-costing-you-money">10 Types of Friends Who Are Costing You Money</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-ways-to-stop-your-spouse-from-overspending">4 Ways to Stop Your Spouse From Overspending</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle couples financial independence marriage power imbalances sharing money spending Wed, 20 Apr 2016 09:30:21 +0000 Brittany Lyte 1690618 at http://www.wisebread.com 6 Ways Life is Wonderful When You're Debt-Free http://www.wisebread.com/6-ways-life-is-wonderful-when-youre-debt-free <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/6-ways-life-is-wonderful-when-youre-debt-free" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_carefree_smile_000074865831.jpg" alt="Woman learning ways life is wonderful when debt-free" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Some people think debt is the norm rather than the exception. To each his own. Just know that this type of mindset can become dangerous, especially if you develop the habit of financing anything and everything.</p> <p>Credit cards and other loans can put what you want within financial reach, but a life without debt can be rewarding. Here are six ways life is frickin' awesome when you're not burdened by a negative net worth.</p> <h2>1. You Have the Freedom to Work Less</h2> <p>The more debt you have, the more you have to work to keep up with monthly payments. Whether it's a house payment, a car payment, or credit cards, debt holds your freedom hostage and keeps you stuck in a career or job you don't like. Think of how great life could be if you had fewer bills. Rather than working a 40- or 50-hour week, you might get by working only 20 or 30 hours a week. With fewer financial pressures, you can quit a high-stress job and find satisfying work, although you might earn less.</p> <h2>2. You Can Retire While You're Still Young</h2> <p>Even if you know the importance of early retirement planning, debt can limit how much you stash for the future. Eliminating needless debt and reducing monthly expenses frees up disposable cash, allowing you to grow your retirement account faster. A sizable account might be the difference between working into your 60s and retiring young while you're still healthy and energetic. And that's not even considering how good the &quot;everybody envies me&quot; factor is gonna feel.</p> <h2>3. You Can Finally Have a &quot;Real&quot; Savings Account</h2> <p>Not only can debt-free living boost your retirement account, there's also an opportunity to grow your personal fund. Imagine what you could do with a &quot;real&quot; savings account. I'm not talking about $500 or $1,000, but rather tens of thousands of dollars. This is money that can be used for an emergency, home improvements, investments, or a good time. You can take a much-needed (and deserved; do you, boo!) vacation or deal with home repairs without relying on a credit card.</p> <p>If you're struggling to build your personal account, be honest and consider whether your lack of savings has anything to do with debt payments eating up your extra cash. If you could eliminate $1,000 a month in debt payments (between credit cards, student loans, and automobile loans), you could save $12,000 in just one year.</p> <h2>4. You Will Become a Smarter Spender</h2> <p>I've learned something from my own experience with debt: It is easier to accumulate new debt when I already have debt. Whenever I have a zero balance on my credit card, I'm more cautious and conscious of how I spend my money and use the card. I'll second-guess or rethink the smallest purchases. It doesn't matter if it's only $5 or $10, I'll wait until I have cash to avoid using the card. But the moment I give in and use the card, I stop second-guessing myself and I continue using the card.</p> <p>I've had debt discussions with others and found that some people feel the same. Maybe it's just our experiences, or maybe there's a connection between existing debt and new debt. Either way, <a href="http://www.wisebread.com/the-fastest-method-to-eliminate-credit-card-debt">getting rid of debt</a> can make you more aware of your spending habits. Debt elimination can be a long process. Reflecting on the effort it took to become debt free (and the benefits) is motivation to remain debt free.</p> <h2>5. You Will Experience Less Financial Anxiety</h2> <p>Debt keeps you enslaved to a bank. And sometimes, the amount you owe can heighten your anxiety level. This might be the case if payments stretch your budget beyond a comfortable limit. If you get into hot water, you could lie awake worrying about late payments, a damaged credit score, or collection calls. On the other hand, when you live within your means and don't rely on financing, you enjoy an inner calm and better financial security. When you own your stuff outright, you don't have to worry about anybody taking your items, unless, of course, you fail to pay taxes on your home or car. Then, well, you better hide.</p> <h2>6. You Don't Have to Pay to Borrow</h2> <p>One of the best things about avoiding debt is that you avoid interest. Interest is the cost of borrowing, and most banks charge some form of interest when you take out a loan or use a credit card. The longer you carry the balance, the more interest you pay, which can add up to hundreds or thousands of dollars depending on the amount financed.</p> <p>Borrowers with superb credit may qualify for <a href="http://www.wisebread.com/5-best-credit-cards-with-0-apr-for-purchases">0% financing</a> for furniture, credit cards, or automobiles. But these promotions are short-lived and only beneficial if you pay off the balance during the introductory rate period. If not, interest kicks in. In the case of financing furniture, if you miss a payment or don't pay off the balance during the promotion period, you could end up paying retroactive interest. All this equates to extra money you're spending for which you have nothing to show. A fool's game, for sure. (See also: <a href="http://www.wisebread.com/when-to-do-a-balance-transfer-to-pay-off-credit-card-debt?ref=seealso">When to Use a 0% Balance Transfer to Pay Off Credit Card Debt</a>)</p> <p><em>What would you do if you were debt free? Travel? Retire? Throw the party to end all parties? Let's talk about it in the comments below.</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mikey-rox">Mikey Rox</a> of <a href="http://www.wisebread.com/6-ways-life-is-wonderful-when-youre-debt-free">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-11"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/goal-setting-getting-out-of-debt-once-and-for-all">Goal Setting: Getting Out of Debt Once and For All</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/beyond-debt-free-getting-by-in-the-new-economy">Beyond Debt-Free: Getting By in the New Economy</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/using-your-roth-ira-as-an-emergency-fund-ever-a-good-idea">Using Your Roth IRA as an Emergency Fund — Ever a Good Idea?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-inspiring-people-who-each-paid-off-over-100000-in-debt">5 Inspiring People Who Each Paid Off Over $100,000 in Debt</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-7-best-credit-card-debt-elimination-strategies">The 7 Best Credit Card Debt Elimination Strategies</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Debt Management Lifestyle borrowing debt free early retirement financial freedom net worth savings Tue, 19 Apr 2016 10:30:10 +0000 Mikey Rox 1691580 at http://www.wisebread.com Flashback Friday: The 76 Best Life Lessons You Should Learn by 30 http://www.wisebread.com/flashback-friday-the-76-best-life-lessons-you-should-learn-by-30 <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/flashback-friday-the-76-best-life-lessons-you-should-learn-by-30" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_smiling_coffee_000083191027.jpg" alt="Woman learning best life lessons by age 30" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Getting older is scary. You're losing your supple, wrinkle-free glow one day at a time, you're edging closer to retirement and you may or may not have a sufficient amount of money saved, and ultimately, you're running out of time to accomplish your goals. But the flip side of that is with age comes wisdom, and by age 30, you should have a ton of it. Mainly because everyone's 20s are a hot mess of transitions, frightening unknowns, and emotional ups and downs. So once your 20s are behind you, you're ready to live your life like a <em>boss</em>.</p> <p>Here are our 76 best bits of wisdom to become your best self by age 30.</p> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5171/young_woman_money_000062037450.jpg" width="605" height="340" alt="" /></p> <p><a href="http://www.wisebread.com/7-personal-finance-milestones-every-20-and-30-year-old-should-hit?ref=fbf">7 Personal Finance Milestones Every 20 and 30 Year Old Should Hit</a> &mdash; Successfully managing your money is a struggle at every age. But if you can come up with the right strategy by 30, and stick to it, then you'll be living a very sweet life.</p> <p><a href="http://www.wisebread.com/5-financial-mistakes-you-need-to-stop-making-by-30?ref=fbf">5 Financial Mistakes You Need to Stop Making by 30</a> &mdash; Just as important as learning what to do, is learning what not to do. You probably made all of these mistakes in the rough and tumble times in your 20s, but it's time to break these reckless habits by your third decade on Earth.</p> <p><a href="http://www.wisebread.com/10-things-to-stop-doing-on-social-media-by-30?ref=fbf">10 Things to Stop Doing on Social Media by 30</a> &mdash; We live in a digital age, in which the way you conduct yourself online is almost as important as the way you conduct yourself in person. So seriously, stop taking drunk, revealing selfies and plastering them all over the web.</p> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5171/woman_cooking_000057441244.jpg" width="605" height="340" alt="" /></p> <p><a href="http://www.wisebread.com/10-life-hacks-you-should-master-by-age-30?ref=fbf">10 Life Hacks You Should Master by Age 30</a> &mdash; From changing a tire to properly wrapping a present, these are the skills you should master by the time you hit the big 3-0. Some are easy, and some are hard, but all will make you a self-sufficient human. And that is priceless.</p> <p><a href="http://www.wisebread.com/5-life-mistakes-you-need-to-stop-making-by-30?ref=fbf">5 Life Mistakes You Need to Stop Making by 30</a> &mdash; Adulting is not always easy. In fact, most of the time, it's incredibly difficult. But by 30, it's truly time to grow up and stop making irresponsible life choices.</p> <p><a href="http://www.wisebread.com/12-foods-everybody-should-be-able-to-cook-by-30?ref=fbf">12 Foods Everybody Should Be Able to Cook by 30</a> &mdash; Even if you're not much of a cook, you should be able to throw together a basic and hearty meal for yourself in a pinch. From pasta to pancakes, these are the foods you should really know how to cook by now.</p> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5171/30-somethings_financial_goals.jpg" width="605" height="340" alt="" /></p> <p><a href="http://www.wisebread.com/10-money-goals-all-30-somethings-should-have?ref=fbf">10 Money Goals All 30-Somethings Should Have</a> &mdash; Now that your 20s are officially behind you, it's time to get serious about your financial goals. You've always dreamed of retiring on a beach with cocktails always in hand, yes? Well, now is the time to make that dream come true.</p> <p><a href="http://www.wisebread.com/8-career-mistakes-to-stop-making-by-30?ref=fbf">8 Career Mistakes to Stop Making by 30</a> &mdash; Decade numero tres is usually around the time people get laser-focused on their career goals. So if you're looking to switch industries, start your own business, or get a promotion, make sure you're always being your best self at work, and stop letting these mistakes slow you down.</p> <p><a href="http://www.wisebread.com/9-things-successful-30-somethings-do?ref=fbf">9 Things Successful 30-Somethings Do</a> &mdash; Oh you, wanna be a baller? Learn from the best, and adopt these smart habits of successful 30-somethings and you'll be well on your way.</p> <p><em>What are your tips for mastering the game of life by age 30? Share with us in the comments!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/chrissa-hardy">Chrissa Hardy</a> of <a href="http://www.wisebread.com/flashback-friday-the-76-best-life-lessons-you-should-learn-by-30">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-10"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-the-60-best-ways-to-use-food-other-than-eating-it">Flashback Friday: The 60 Best Ways to Use Food Other Than Eating It</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-the-95-best-ways-to-get-fit-for-free">Flashback Friday: The 95 Best Ways to Get Fit for Free</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-the-81-best-tips-for-saving-big-at-the-grocery-store">Flashback Friday: The 81 Best Tips for Saving Big at the Grocery Store</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-the-119-best-fitness-hacks-for-busy-people">Flashback Friday: The 119 Best Fitness Hacks for Busy People</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-the-107-best-breakfast-hacks-to-start-your-day-off-right">Flashback Friday: The 107 Best Breakfast Hacks to Start Your Day Off Right</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Budgeting Lifestyle budget fbf flashback friday frugal food Health saving money Fri, 08 Apr 2016 10:00:08 +0000 Chrissa Hardy 1686913 at http://www.wisebread.com