Lifestyle

Will "forced frugality" last?

Posted July 18, 2009 - 09:00 by Xin Lu

Frugal Living, Lifestyle

Lately I have been hearing about the concept of "forced frugality" from the media and my peers. Many colleagues and family members say that they feel a need to be frugal in this economic climate due to job loss and investment losses. With this shift to frugality it seems that shopping at thrift or dollar stores is suddenly trendy. However, will this new wave of frugality last?

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Budgeting for Your Next Vacation: Yaycations

Posted July 3, 2009 - 22:49 by Nora Dunn

Lifestyle, Budgeting, Art and Leisure

Yaycations

Here is a fun tool to help you figure out how you can save money, and then where that money can take you. It gives us a chance to dream big, and (even better) find ways to make those dreams come true. Come play!

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Americans' savings rate up to almost 7% - who benefits?

Posted June 29, 2009 - 13:31 by Xin Lu

Personal Finance, Frugal Living, Lifestyle

According to the Bureau of Economic Analysis, the personal savings rate in May 2009 was 6.9%. This a 15 year high and a far cry from the negative savings rates of just a few years ago. Although a part of the increase in savings comes from the large stimulus bills passed recently, most of the increase seems to come from changes in Americans' spending habits. So who benefits from a higher personal savings rate?

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47 Simple Ways To Waste Money

Posted June 24, 2009 - 09:12 by Paul Michael

Personal Finance, General Tips, Shopping, Lifestyle, Budgeting

Burn money

How are you doing with your money? Do you have everything under control, or are you spending a little more than you should? Well, if you'd like to blow even more of your money, this list will help you empty your bank account in half the time you usually do. Enjoy.

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Not driving your less-frugal friends crazy

Posted June 24, 2009 - 08:21 by Philip Brewer

Lifestyle

Sculpture in Allerton Park of two women crowning a third with a laurel wreath

A while back, I heard an interview with a guy who, troubled by the Exxon Valdez oil spill, decided the right response was to quit driving. The bit of the interview that stuck with me was the part where he talked about how surprised he was at the negative reactions. He wasn't telling anyone else that they shouldn't drive, but people were treating him as if he was a walking criticism of their lifestyle.

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Book review: The Education of an American Dreamer by Peter G. Peterson

Posted June 23, 2009 - 00:14 by Xin Lu

Personal Finance, Frugal Living, Lifestyle, Investment

The Education of an American Dreamer

The Education of an American Dreamer: : How a Son of Greek Immigrants Learned His Way from a Nebraska Diner to Washington, Wall Street, and Beyond is the personal memoir of Peter G. Peterson, the cofounder of The Blackstone Group, and also the former U.S. Secretary of Commerce under President Nixon. Mr. Peterson became a billionaire when Blackstone went public in 2007, and he consequently founded the Peter G. Peterson Foundation. This memoir is a fascinating and adventurous tale of life amongst the humble, rich, and powerful.

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The Secret Really Does Have A Secret (or Ten Tenets for Arranging Your Rich - Part 3)

Posted June 22, 2009 - 22:47 by Kate Luther

Career and Income, Life Hacks, Making Extra Cash, Lifestyle

Genie in a bottle - Image from iStockPhoto.com

The third installment in my ten-part series (which has taken me much longer to write than planned), I decided to take a look at the Law of Attraction since the concept has hung around much longer than many of its critics foretold. Am I about to tell you how to visualize big bucks and then sit back as they magically appear in your bank account? Nope... I'm going to tell you why that simply won't work.

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How to save BIG

Posted June 18, 2009 - 09:46 by Xin Lu

Personal Finance, Frugal Living, Lifestyle

A friend recently told me that someone she knows is so cheap that he would not let her use paper towels at his place. Yet at the same time he complains about not having enough money and lives in a very expensive apartment and drives a brand new car. I also know some similar folks who seem to be tightfisted about everything except for one or two big expenses in their lives. This is not necessarily a bad thing, but perhaps it is more efficient to save on that big expense instead of clawing onto paper towels.

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4 Ways to Win the War Against This Summer’s Electric Bill

Posted June 15, 2009 - 09:24 by Linsey Knerl

Frugal Living, Lifestyle, Green Living

Energy increases are common this time of year, and with many families already struggling to pay the utility bills, it can seem more burdensome than ever. There’s no one-size-fits-all method to kicking your increase to the curb, but these four tips are sure to put a sizeable dent in next month’s “total amount due.”

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How to Unspoil Your Kids (Welcome ABC News Viewers)

Posted June 8, 2009 - 00:40 by Will Chen

Lifestyle

Spending too much on your kids and not sure how to stop? Learn how to cut back on ridiculous expenses and educate your kids about money with these great tips from the Frugal Duchess.

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