$1 for each 6 oz container? I've been getting yogurt for 30-40 cents using coupons and buying on sale. If you're lucky you can get it down near 25 cents.
Thanks for your comments -- I agree, choosing a major can be difficult. I just wish (in retrospect) that someone had stressed the importance of examining those options early in my college career. It's all about making the most qualified decision possible at the time to avoid too many changes and back-pedaling with credits. Thanks for your input!
Kentin, I think overall these are really great points, however, I think that there are two points that I disagree with.
3. Don't change majors
While I didn't change my major myself, I had many friends in college that did. A few of them even finished within the four years just like I did. Picking a major in college for some is like throwing a dart with a blindfold on. There are people that need college to help steer them in the direction that they want to go.
7. Rethink Housing
It's true that this may be a very pragmatic approach, but I think that it can be very limiting. Although my personal experience is not indicative of every college student, I made a lot of friends in my freshman hallway. In fact, many of these friends I continue to see on a regular basis today. I think that even from the financial perspective, there is value in networking and having connections.
I think suffice it to say, every person is different, what may have worked out wonderfully for me, may be a terrible idea for someone else. I'm glad that you threw all of these points out there, so that people understand their options, because in the end that's what really matters. Great post.
David, I think you make some great points here. All to often we end up expecting some sort of magic tip that will solve all of our problems. More often than not, it turns out that there is no such silver bullet. This definitely holds true for personal finances. Writers, can provide as many tips and tricks, but unless filter the tips and act on them, they will do very little to improve your situation.
It sounds strange to me that couples wouldn't have the money talk before deciding to marry. Money and children need to be discussed, to know each other's expectations before committing to each other.
Those are all great tips for our younger generation to remember when taking responsibility of their own financial life. Something we would add to the list is “monitor your credit.” It is important to know your financial standing and history of your spending habits. Credit monitoring of all 3 Credit Reports helps you catch problems early which could save you a lot of financial stress and hours of aggravation. When you are a member and a key change is reported, freecreditscore.com will send you an email or text alert. Just one way our product helps keep you mindful of your financial health. For more information feel free to connect with us on our social media sites at www.facebook.com/freecreditscore.com and Twitter @FCSdotcom.
Great story, and yet so common; nevertheless, I've seen very poor people who were happier than their very rich neighbors. My parents used to have separate envelopes for the gas money, electricity money, and so on - this has allowed them to raise a kid who can't remember their good habits...
I'm glad to hear it and I hope this doesn't come across as a parent bragging about his kid, but starting allowance early and talking about money on an ongoing basis has helped her really understand money denominations. She's an expert money counter. She just completed saving for a $104 goal (an American Girl doll - with tax) and it was a great exercise to have her break up the money into bags of nickels, dimes, quarters and dollars as she counted the total she needed. I also have to say that the folks at the counter were incredibly patient with the complex transaction. I wasn't expecting that.
Owning a home seems more expensive though. You can never really own it all, always have to pay taxes, insurance and etc. But despite all of these, it makes people happy anyway.
Junior Achievement is awesome (I'm a volunteer alum too, although I did their 1st and 2nd grade programs) and I'm glad you're out their volunteering to help kids learn about money management.
I also understand that you might think an allowance for a 5-year-old is too early, but I think it's important for kids to start making money decisions when they are young. I also know from experience what they can learn. You should also consider that kids are being targeted by advertising to spend, spend, spend by the time they are two. Talking to them about money and giving them an allowance is a great way to balance the message and get them thinking not only about spending, but also sharing (charitable giving) and saving.
Here are just a few benefits:
-They can learn to save for a goal (goal-setting, monetary or not is a terrific life lesson to learn) and I know this works because it did for my 5-year-old.
-Through goal-setting, they can learn about delayed gratification. The famous Mischel "marshmallow study" noted that kids who understood delayed gratification at age four performed better on standardized tests and were better adjusted as teenagers.
-They learn to make choices with their money - to share, to save, to spend smart.
-They can learn mathematical concepts
-They learn to be comfortable with money - Money has been a taboo subject for a long time and by starting the money conversation and giving kids and allowance to allow them to control their own money to some extent will help parents and kids open a dialogue.
I'm sure I've missed some other great benefits and I hope some others will chime in.
The PTA, Credit Union National Association and National Endowment for Financial Education (among other institutions) all promote teaching kids about money even before they reach kindergarten and an allowance is just a part of that process.
Many ways to use it, I'll try to remember these tips next time I'll think of throwing away my old pantyhose. It's interesting to try special photo affects next time.
I have been making my own yogurt for about 2 years after reading Tightwad Gazette. I have tried the crockpot mettod but I have found that the heating pad works better. I use a half gallon of 2% milk adding 1/4 cup dry milk and heat up to just below boil. I let it cool to room temp and mix acouple of spoonfuls of plain greek yogurt. Once well mixed I pour it into several small canning jars and place on my heating pad set on low. Mine doesn't automatically shut off as it is from the 1970s I am sure. I then cover the jars with a bath towel and set a large pot on top of it all. Walk away and 8 hours later Yogurt! I add different flavors as I eat each. I have flavored with jam that I mixed in while heating up the milk it worked perfect just got tired of the same flavor.
I never thought it's possible to make your own. Someone who really loves yogurt and creativity will really enjoy it. I don't eat that much yogurt though to spend my time and money to produce it.
Our first line of thought is to try to find out if "we" (that's a marital we, meaning my dh) can find out enough about the situation to learn if DIY is an option. If not, knowing what's wrong helps make the job easier for whoever is going to be working on the problem.
Even with no actual training, my husband can figure out how to jerry-rig or completely repair at least 90% of our household or appliance problems. This has saved us thousands of dollars over the years.
Thanks for including your post. I left a comment on your site, too - parents can model paying yourself first to better instill the behavior in their kids.
Thanks for the link to your post and thanks for helping to shine a light on this important subject. I thought #10 in your top ten was a great point - letting kids see how lucky and/or blessed they are by exposing them to true difficulty - people in poverty.
Good luck with your three kids. Teaching them good money habits early will pay off and I think you'll find that you have to break less bad habits later. I hope that you'll create an allowance program (if you haven't already) and stick with it.
I usually try it myself first, and the worst result is that it usually takes me months to really complete a project. The best outcome is that I learn a little bit more about how my house goes together, which is fine with me since my career path is in architecture. It's also a female empowerment thing. My boyfriend is practically useless with tools, and I'm this tiny 100 lb weakling, so going into the hardware store and handling this stuff is always amusing. A couple of years ago, I decided on a whim that I was tired of my wall to wall carpet. I spent that evening pulling it all up. I spent the next few months sanding the concrete underneath, making 4'x4' saw cuts in it, and then staining and sealing it. It was heavy work, but the floor is now gorgeous and easy to clean. There was only one stage where I decided it would be better to call in paid help, and that was scraping up the linoleum in the kitchen. Ugh. I paid a couple of guys about $250 for one day to just handle it for me. It was a brutal task that I did not have the determination for. Overall, I probably spent about $750 on the project over about six months.
$1 for each 6 oz container? I've been getting yogurt for 30-40 cents using coupons and buying on sale. If you're lucky you can get it down near 25 cents.
Yeah, you said it right.
If I don't know what I am doing, I will call an expert. Otherwise, it is DIY!
Thanks for your comments -- I agree, choosing a major can be difficult. I just wish (in retrospect) that someone had stressed the importance of examining those options early in my college career. It's all about making the most qualified decision possible at the time to avoid too many changes and back-pedaling with credits. Thanks for your input!
Kentin, I think overall these are really great points, however, I think that there are two points that I disagree with.
3. Don't change majors
While I didn't change my major myself, I had many friends in college that did. A few of them even finished within the four years just like I did. Picking a major in college for some is like throwing a dart with a blindfold on. There are people that need college to help steer them in the direction that they want to go.
7. Rethink Housing
It's true that this may be a very pragmatic approach, but I think that it can be very limiting. Although my personal experience is not indicative of every college student, I made a lot of friends in my freshman hallway. In fact, many of these friends I continue to see on a regular basis today. I think that even from the financial perspective, there is value in networking and having connections.
I think suffice it to say, every person is different, what may have worked out wonderfully for me, may be a terrible idea for someone else. I'm glad that you threw all of these points out there, so that people understand their options, because in the end that's what really matters. Great post.
David, I think you make some great points here. All to often we end up expecting some sort of magic tip that will solve all of our problems. More often than not, it turns out that there is no such silver bullet. This definitely holds true for personal finances. Writers, can provide as many tips and tricks, but unless filter the tips and act on them, they will do very little to improve your situation.
It sounds strange to me that couples wouldn't have the money talk before deciding to marry. Money and children need to be discussed, to know each other's expectations before committing to each other.
I'm really glad you liked my post.
Reduce your stress level - it changed my life.
This is what let me go from Nexium (stronger) down to Prilosec (over the counter.)
Also, pay attention to your body. Take note of what bothers you, and plan to take something to help when you do eat something bothersome.
Those are all great tips for our younger generation to remember when taking responsibility of their own financial life. Something we would add to the list is “monitor your credit.” It is important to know your financial standing and history of your spending habits. Credit monitoring of all 3 Credit Reports helps you catch problems early which could save you a lot of financial stress and hours of aggravation. When you are a member and a key change is reported, freecreditscore.com will send you an email or text alert. Just one way our product helps keep you mindful of your financial health. For more information feel free to connect with us on our social media sites at www.facebook.com/freecreditscore.com and Twitter @FCSdotcom.
Wow! This program looks incredible. I just tweeted about it, https://twitter.com/johnlanza.
Great story, and yet so common; nevertheless, I've seen very poor people who were happier than their very rich neighbors. My parents used to have separate envelopes for the gas money, electricity money, and so on - this has allowed them to raise a kid who can't remember their good habits...
I'm glad to hear it and I hope this doesn't come across as a parent bragging about his kid, but starting allowance early and talking about money on an ongoing basis has helped her really understand money denominations. She's an expert money counter. She just completed saving for a $104 goal (an American Girl doll - with tax) and it was a great exercise to have her break up the money into bags of nickels, dimes, quarters and dollars as she counted the total she needed. I also have to say that the folks at the counter were incredibly patient with the complex transaction. I wasn't expecting that.
Owning a home seems more expensive though. You can never really own it all, always have to pay taxes, insurance and etc. But despite all of these, it makes people happy anyway.
Junior Achievement is awesome (I'm a volunteer alum too, although I did their 1st and 2nd grade programs) and I'm glad you're out their volunteering to help kids learn about money management.
I also understand that you might think an allowance for a 5-year-old is too early, but I think it's important for kids to start making money decisions when they are young. I also know from experience what they can learn. You should also consider that kids are being targeted by advertising to spend, spend, spend by the time they are two. Talking to them about money and giving them an allowance is a great way to balance the message and get them thinking not only about spending, but also sharing (charitable giving) and saving.
Here are just a few benefits:
-They can learn to save for a goal (goal-setting, monetary or not is a terrific life lesson to learn) and I know this works because it did for my 5-year-old.
-Through goal-setting, they can learn about delayed gratification. The famous Mischel "marshmallow study" noted that kids who understood delayed gratification at age four performed better on standardized tests and were better adjusted as teenagers.
-They learn to make choices with their money - to share, to save, to spend smart.
-They can learn mathematical concepts
-They learn to be comfortable with money - Money has been a taboo subject for a long time and by starting the money conversation and giving kids and allowance to allow them to control their own money to some extent will help parents and kids open a dialogue.
I'm sure I've missed some other great benefits and I hope some others will chime in.
The PTA, Credit Union National Association and National Endowment for Financial Education (among other institutions) all promote teaching kids about money even before they reach kindergarten and an allowance is just a part of that process.
Let me know what you think.
Many ways to use it, I'll try to remember these tips next time I'll think of throwing away my old pantyhose. It's interesting to try special photo affects next time.
I have been making my own yogurt for about 2 years after reading Tightwad Gazette. I have tried the crockpot mettod but I have found that the heating pad works better. I use a half gallon of 2% milk adding 1/4 cup dry milk and heat up to just below boil. I let it cool to room temp and mix acouple of spoonfuls of plain greek yogurt. Once well mixed I pour it into several small canning jars and place on my heating pad set on low. Mine doesn't automatically shut off as it is from the 1970s I am sure. I then cover the jars with a bath towel and set a large pot on top of it all. Walk away and 8 hours later Yogurt! I add different flavors as I eat each. I have flavored with jam that I mixed in while heating up the milk it worked perfect just got tired of the same flavor.
I never thought it's possible to make your own. Someone who really loves yogurt and creativity will really enjoy it. I don't eat that much yogurt though to spend my time and money to produce it.
Our first line of thought is to try to find out if "we" (that's a marital we, meaning my dh) can find out enough about the situation to learn if DIY is an option. If not, knowing what's wrong helps make the job easier for whoever is going to be working on the problem.
Even with no actual training, my husband can figure out how to jerry-rig or completely repair at least 90% of our household or appliance problems. This has saved us thousands of dollars over the years.
Thanks for including your post. I left a comment on your site, too - parents can model paying yourself first to better instill the behavior in their kids.
Thanks for taking a look, Sarah. I knew WiseBread would be right up your alley. Keep up the good work with RaisingCEOKids.
Thanks for the link to your post and thanks for helping to shine a light on this important subject. I thought #10 in your top ten was a great point - letting kids see how lucky and/or blessed they are by exposing them to true difficulty - people in poverty.
Good luck with your three kids. Teaching them good money habits early will pay off and I think you'll find that you have to break less bad habits later. I hope that you'll create an allowance program (if you haven't already) and stick with it.
I usually try it myself first, and the worst result is that it usually takes me months to really complete a project. The best outcome is that I learn a little bit more about how my house goes together, which is fine with me since my career path is in architecture. It's also a female empowerment thing. My boyfriend is practically useless with tools, and I'm this tiny 100 lb weakling, so going into the hardware store and handling this stuff is always amusing. A couple of years ago, I decided on a whim that I was tired of my wall to wall carpet. I spent that evening pulling it all up. I spent the next few months sanding the concrete underneath, making 4'x4' saw cuts in it, and then staining and sealing it. It was heavy work, but the floor is now gorgeous and easy to clean. There was only one stage where I decided it would be better to call in paid help, and that was scraping up the linoleum in the kitchen. Ugh. I paid a couple of guys about $250 for one day to just handle it for me. It was a brutal task that I did not have the determination for. Overall, I probably spent about $750 on the project over about six months.
Most of the time an expert has to be called because neither me or my husband are good at fixing things. Thank you for the giveaway.
koinonia572001@yahoo.com