Money Tips Network

Mobile finance apps have reduced my spending…And I don’t even use them

Do you want to change your spending, saving and budgeting habits, but keep putting off downloading a financial app because that would make it all just too real? Well, I have found a solution to this problem — or at the very least, a step in the right direction. This solution is relatively stress-free and [...]

Mobile finance apps have reduced my spending…And I don’t even use them from personal finance blog Bargaineering.com.

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Do You Tip Carhops?

Here's an interesting question that's bound to get people in an uproar. :)

Dave Ramsey asks whether or not you should tip your carhop.

Until the end of last year, my answer would have been, "I don't go to any places that have carhops." We didn't have any restaurants in Michigan (at least convenient to us) that used them.

Then we moved to Oklahoma and there's a Sonic every three blocks. If you don't know what a Sonic is, some of you may remember the old A&W stands where you ordered from your car and someone comes out with your order.

So, do you tip that person?

Here's what Dave's site has to say on the issue:

14 Things Insurance Agents Don't Want You to Know

Ignorance is bliss.

The less that you know about how insurance works, the happier insurance agents are. As friendly as geckos, generals, cavemen, and ducks may look on TV, you shouldn't forget that insurance is a multi-billion dollar industry. These companies are out there to make money. It is the job of insurance agents to make as much as they can, too.

Here are 14 things that insurance agents don't want you to know.

General Tips

Let's start with some tips that apply to several types of insurance.

Making time for money

One can’t give financial advice for very long without realizing that most of it is not earth-shattering insight. It usually comes down to common sense. So then the challenge becomes one of analyzing why people don’t apply common sense to their finances more often.

Temptation is a big reason, of course. One person goes over a credit limit because she is absolutely convinced she deserved a fancy vacation. Another cannot save any money because he feels he has to buy a new car every nine months. Those situations are tough to deal with because, when you confront people who do this kind of thing with reason why it is a problem, they will start out agreeing with you but then immediately segue into a long rationalization of why they only did it because the circumstances were exceptional.

Building a Meaningful Life from the Bottom Up

One of the biggest struggles of modern life is the search for meaning and purpose.

Most of the time, we go through our day-to-day lives just accomplishing the things we need to get done and relishing the spare time that’s left over. It can feel a lot like jogging on a treadmill, where life is running backwards and we’re running just to stay in place and not fall off the back end.

I know that there are been large periods of my life where I have felt this way – and those feelings still pop up from time to time. My to-do list of the tasks I have to accomplish by the end of a given day often feels incredible.

NEW Discover It Chrome Card: No Fuss Rewards

When the Discover it card hit the scene, it made waves with hype from their marketing campaign. It offered 5% cash back on special rotating categories, as well as a shopping portal that promised 5%-20% cash back at popular stores. They've just released the Discover it chrome. Let's take a look at what new benefits they're offering.

Card Benefits

Unlike the original Discover it card, instead of rotating categories, the Discover it chrome offers 2% cash back at gas stations and restaurants (up to $1,000 combined each quarter). All other purchases earn 1% cash back.

7 Weird Money Laws You May Have Broken

Money can make people do strange things. But what about when money laws themselves are beyond comprehension?

From bizarre tax systems at home to monarchy-imposed oddities abroad, the world is full of some very odd laws governing the spending and collecting of money. Lucky for you, this list of them is free.

1. Don't Step

Thailand's king is featured prominently on all the country's currency. Thailand's king is also not to be criticized, under legal penalty. So by extension, Thailand has one of the stranger money laws around: stepping on money is considered extremely disrespectful, and crazily enough, could land you in a Thai jail.

2. Do the Running Man, Pay the Tax Man

Laser vs. Inkjet: Choosing the Wrong Printer Could Cost You

Costing more than luxury perfumes and high-end alcohol, printer ink is probably the most expensive liquid per volume that you buy. Consumers deride the high cost of printer ink yet accept it as a necessary evil. It seems as though we have no other choice but to plunk down big bucks on cartridges that seem to evaporate overnight, right? However, you'll be happy to know that with a little bit of research and some basic math skills, you can substantially decrease your printing costs by choosing the right printer for your needs. (See also: 11 Ways to Save Big on Ink)

Best Money Tips: Save on the Cost of College

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some amazing articles on saving on the cost of college, how to hide resume flaws, and things you must know about your future spouse's finances.

Top 5 Articles

7 Ways to Save on the Cost of College — To save on the cost of college, apply for scholarships and graduate quickly. [Cash The Checks]

6 Big Resume Flaws — and How to Hide Them — If your college education doesn't match the job you are applying for, make sure your resume focuses on your experience. [Five Cent Nickel]

10 Ways to Add Luxury to Your Life Without Paying Luxury Prices

Turn on the TV or flip through any popular magazine and you'll be assaulted with images of luxury: fast cars, sparkling jewelry, expensive clothes, and the independently wealthy people that enjoy them. (See also: 9 Insane Luxury Items for You to Laugh At)

4 Weird Brain Hacks That Make You a Better Person With Almost No Effort

We tend to think of our personalities as pretty set in stone. If you have always been short-tempered or shy or change-averse, you may think that it's simply who you are. Yes, you might be able to work hard over years to chip away at the aspects of your personality that you'd like to change, but overall, what you see it what you get. (See also: 13 Easy Ways to Improve Your Brain)

But it turns out that your mind is much more like clay than marble. With the right brain hacks, you can make real and lasting changes to just about any aspect of yourself — without feeling like you are fighting a war with your true nature.

The Razor Experiment: Smart Tactics for Razor Blades

I’ve been clean shaven for almost my entire adult life (aside from a disastrous beard experiment in college). Over those years, I’ve tried a number of different solutions for keeping a clean shave and, over the last several years, I’ve focused on ways to keep my face cleared without breaking the bank.

These experiments have taught me several things about getting a great shave at a very low price. Here’s what I’ve learned.

A Safety Razor Is the Cheapest Option

In terms of inexpensive shaving, there really isn’t any comparison that I’ve found (aside from shaving with a straight razor, which I’ll be skipping on because the idea of holding a gigantic blade like that next to my neck doesn’t sound appealing in the least) that holds up to the cost-per-shave of a safety razor.

7 Simple Ways to Make Better Decisions

Decisions, decisions, decisions. Our lives are full of them. And what's more, the sheer volume of options available for any given choice is virtually infinite.

As Barry Swartz mentions in his TED Talk, your local grocery has around 285 varieties of cookies, 175 different salad dressing options, and 230 unique soups. A few decades ago, buying a pair of jeans involved zero choice, but today, you could spend hours trying on different fits and styles at your local department store. (See also: 10 Ways to Improve Your Decision-Making Skills)

Ask the Readers: How do you monitor and improve your credit?

This article is by editor Linda Vergon.

Holly Johnson’s post (“The high cost of keeping up with the Joneses”) got me thinking about a number of things this week, but mostly about how people manage their credit. Obviously, if you’re intent on keeping up with the Joneses and you’re living above your means, that house of cards is going to fall, right? And the reality is that time and good behavior are what it will take to repair your credit after such a train wreck. The first step (obviously, again) is to determine what your credit score is and to track your progress as you address your debt situation.

If, on the other hand, you’re someone who actively manages their finances and is always looking to improve their financial picture, do you also monitor your credit score to improve it? And if so, what do you do?

What Is Your Financial Kryptonite (and How to Conquer It)

Do you worry about keeping up with the Joneses? One way or another, we all battle some sort of financial demon we'd be better off without. What's your personal financial weakness — and how can you conquer it? (See also: 10 Financial Mistakes to Stop Making in 2014)

Sucker for the Sale

Stocking up on sale products that are staples in your family's cupboards is a prudent savings strategy — why not buy a couple of bottles of mustard at the beginning of barbeque season if the store is offering them at a deep discount? But do you find yourself tempted to buy things — groceries, clothing, garden supplies, or hair products — just because they're on sale?

What Does It Mean to be Self Made?

On my post about what we've learned from millionaires there was a bit of discussion about what it means to be "self made". One commenter suggested the following:

If you started off middle-class or inherited anything from your parents, you're not "self-made." Which is fine. There's no shame in your parents' having been able to give you advantages. But it's not the same experience as having come up out of a housing project.

Another responded:

The 5 Best Laser Printers

When it comes to making large and frequent printing jobs, very few devices compare to laser printers. Laser printers excel at printing large amounts of text at good cost, and at high speed. The best color laser printers can also print out graphics and photos at good quality. The economy and speed of laser printers make them perfect for use in homes and small offices.

What is a Laser Printer?

A laser printer is an electronic printing device that uses a laser to rapidly print text and images. Specifically, the printer passes a laser beam over a charged drum in order to define the overall print image. The drum then collects toner and deposits it onto paper in the form of the image.

A new career stepping stone? More apprenticeships coming to companies near you

This post comes from Jenny Paxton at our partner site LearnVest.

Apprenticeships—formal programs that consist of on-the-job, paid training, mentorship and related classroom education—may be the solution to the pressing skills gap between employers’ needs and job seekers’ training.

Yet despite the obvious benefits, the number of these programs dropped 40% between 2003 and 2013, according to the U.S. Labor Department. So what gives?

A killer Amazon Subscribe and Save tactic

We really, really like us some Amazon.  For convenience, time savings, speed — and most of all cost — Amazon has a ton to offer.

Some of the groceries we get are a bit pricey because common ingredients don’t agree with some family members.  Often, Amazon comes through with the right products at a good price.

Even better:  a few of the items we buy are made even cheaper with Subscribe and Save.  We get a few percent off of some of our grocery items simply by agreeing to periodic, automatic purchase.  That’s the “subscribe” part that scores us the “save.”

“You ruined my groove, man!”

Once in a while, though, the best-laid plans run afoul.  Occasionally, our individual well-oiled Subscribe and Save machines backfire, and catch us unaware.  Just to keep us from getting too complacent.

6 "Good" Habits That May Actually Be Hurting You

Even good habits take work. Whether you're consciously trying to incorporate something new into your routine, or mindlessly continuing an action or strategy you decided was right for you decades ago, these things require time and energy.

So you better make sure they're actually working for you.

Even habits generally deemed "good" may have consequences — be they secret health risks, opportunity costs of your effort, or self-defeating time-sucks. So check out the list, and take a moment to consider whether even your "best" habits are worth keeping.