Smart Money Habits BlogThe Savings Habit

Where You Shop Matters More Than You Think

There are so many reasons to shop local.  It helps your neighbors.  It helps the environment.  It grows the economy that matters most to you—the one outside your front door. Custom Made, which is an online marketplace for local artisans, created a fantastic infographic that shows just how important it is to support small businesses.  […]

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What Does “Enough” Look Like?

Shortly before his death, author Kurt Vonnegut published a poem called “Joe Heller” in The New Yorker that contains a great financial lesson.  Check it out: True story, Word of Honor: Joseph Heller, an important and funny writer now dead, and I were at a party given by a billionaire on Shelter Island. I said, […]

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How to Make a Fresh Start After A Financial Setback

Kids, go get your mother. She’ll never see another fire like this one. –Thomas Edison Many of us have burned through money. Even more of us have seen our finances go up in smoke. But Thomas Edison literally saw his life ravaged by fire over and over again. He lost his first job as a […]

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5 Reasons Foodies Love Farmers Markets

Foodies already know this. And the rest of us probably suspect it, but there is no better place to buy produce than at a farmers market. Here’s why: 1. It Benefits Your Local Economy When food is bought at a grocery store, farmers only receive 14.8 cents of every dollar spent, but according to the […]

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How to Know When to Spend Your Emergency Fund

We’ve already discussed why you should have an emergency fund and how to build one on a tight budget, but then what? When are you justified to spend it? The answer isn’t as complicated as you might think. You just need to take the time to think through your options, which is something so many […]

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The Things You Own End Up Owning You

I was first exposed to the title of this article in the hit movie Fight Club, and it resonates in my life. I have an attic filled with boxes I’ll never open, an extra car in my garage that I never drive, a boat that sits in paid-storage that breaks down yearly, and so many […]

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The Fundamental Law of Personal Finance

People have this habit of overcomplicating stuff. When it comes to our money, we do it like crazy because money triggers all kinds of emotions, especially fear. There are ten million personal finance books out there and one hundred million blog posts (even on this blog we are writing regularly about saving smart and building […]

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To Improve Your Finances, Be Like Muggsy Bogues

Muggsy Bogues, the shortest person to ever play in the NBA, has always been my favorite basketball star, and it’s not because he holds the record for most assists, steals, and minutes played for my favorite team, the Charlotte Hornets. He’s my favorite basketball player because when other height-challenged athletes would have worried about not […]

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Smarter Spending Habits: Caring About Your Financial Future

“Financial responsibility is a day-to-day affair, but for the first time in my life, I’m beginning to care.” -Dean Martin in Living it Up. If there’s one thing I’ve learned from the responses to our smart spending habits series, it’s that people care about their financial future. People want a better life and they are […]

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Smarter Spending: Creating a Lifelong Habit

This is the third installment in a four-part series that helps you take control of your spending.  Be sure to check out our first article on raising self-awareness and second article on fixing spending problems. How many New Year’s resolutions have you made that were going strong in January but were sunk by July?  I […]

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