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Archive for June, 2010

It’s important to remember how lucky we are…

Wednesday, June 30th, 2010

A friend sent me an article that talks about Warren Buffett’s opinion on the lottery of birth.  Based on the world’s current population, out of every 100 people, 5 will be born in the U.S., and only half of them will be above average intelligence!

With this information in mind, if you’re reading this article as a citizen of the U.S., you are already lucky in that you have all of the opportunities afforded to the citizens of this great land.  Given this revelation, why would you waste any of the opportunities you have??  You should be out in the world, making your future better by learning to be frugal and save money for retirement.  And, if you’ve been lucky enough to meet a significant other who shares your views and your luck in being born in the U.S., then you both owe it to yourselves to make the most of everything that comes your way.

This doesn’t mean that you should spread yourself too thin, or that you MUST take advantage of EVERY opportunity, but it does mean that ANY person, no matter their socioeconomic status, has the same ability to get ahead in the U.S., and feeling sorry for yourself or deciding that you can’t do something only hurts you in the long run. 

It”s easy to have a negative and defeatist attitude.  Don’t do easy…have a positive attitude and take advantage of the opportunities that come your way.  That is how you become more powerful in your own life.

Nix the bottled water…

Monday, June 28th, 2010

Well, your favorite southern couple is happy to say that we are now a family of 3, with our daughter Claire born the weekend before last.  With new routines and schedules in mind, this tip will be short and sweet.  We’re recommending that you stop buying bottled water, in favor for either water straight from the tap or from a filtration system!

Not only is it a good choice for saving money, since the cost of bottled water is ridiculous, but also, the plastic that the bottles are made from fills up landfills if you don’t recycle them.  As an added punch in the gut, the plastic bottle is made from oil, in case you didn’t know, and so, is yet another reason to look into alternatives. 

I know some of you might like the portability of the bottled water, but you can buy a reusable water bottle and just wash it!  When I go to the gym, I use a reusable water bottle, that I fill straight from the tap (tap water has fluoride in it, something a lot of people are lacking for their teeth right now because of bottled water).  When I get home, I wash the bottle and let it dry, so that it will be ready for the next trip to the gym.

It’s just something to think about.  There are many good reasons to switch from bottled water, but the monetary savings definitely tops my list!

Wasting money…

Friday, June 18th, 2010

I found a great article for today on Walletpop.com, titled 10 products you”re wasting your money on.  Not only is the article funny, but it does point out several things that people buy/spend money on that are unnecessary. 

My favorite item on the list has to be weddings, since I have somewhat of a personal vendetta against high cost weddings.  It’s not that I don’t want people to have a nice wedding full of memories, it’s just that I don’t think we need to spend an average of $19,000 (according to the article) to make these memories.  Friends and family make the memories of your wedding (trust me on this), not the decorations.  Use less expensive decorations/venues to cut costs.  Have a friend throw you a “stock the bar” shower as opposed to a lingerie shower, since we all know that the lingerie ends up on the floor anyway, and save a ton on booze.  Either way, cut your costs, and put that money into savings!

Another favorite off the list?  Kitchen gadgets!  We all love them and we all buy them (unless of course, you use your kitchen as a closet or can only cook 5 meals, and therefore eat our a lot), but do we really need them?  Be honest!  Do you really need that pasta maker?  Have you ever made pasta from scratch?  Or is it more likely that you bought the gadget and still buy your pasta pre-made from the grocery?  Whatever the gadget, chances are you don’t need it!  You should either save that cash, or put it toward something useful, like saving it up to buy a good set of knives or cookware!

There are 8 other items on the list, which I strongly suggest you check out!  Some are funny (electronic litter box, anyone??), and others are practical, but all are a waste of money!

We would like to take this time to wish everyone a Happy Father’s Day this Sunday, and would also like to notify you that we will be taking next week off from writing, as we celebrate the birth of our daughter.  As our regular readers know, we take family time very seriously, and think that spending time loving each other is a key element in a happy marriage, and of course, loving more and living better.  Therefore, that is what we’re going to do next week!  Have a great week next week, and we’ll see you soon!

Father’s Day gifts for the frugal shopper, and neat ideas for the NEW DADDY!

Wednesday, June 16th, 2010

Last month we posted some ideas for the frugal shopper looking to get mom something special for Mother’s Day, and now, with Father’s Day fast approaching, we’ve decided to post several links to websites that have some great tips for the gift givers!  For ideas on inexpensive gifts for Father’s Day, check out the following links:

  • Better Budgeting - Some great ideas here!  My favorite is the idea of yard service.  This is great for the father who doesn’t relish the idea of getting out in the heat and working in the yard.   A truly thoughtful gift.
  • About.com - As for this website, I personally like the “week of special lunches”, since Jerrill takes his lunch to work everyday.  I think this might top my list for next years Father’s Day!
  • iVillage.com - This has some good tips for the 1st Father’s Day for a new dad!  The big idea here is keeping it simple and inexpensive, and I wholeheartedly agree, since most men I know wouldn’t want you to break the bank on their Father’s Day gift anyway.  Men are men.  If they want something for themselves, they generally go get it!
  • Associated Content - This has some sweet ideas and some funny ideas for the new dad.  I LOVE the “new dad diaper changing survival kit”!  This is a great little funny gift for the dad with a sense of humor!

So, with my baby about to be born any day now, you might be asking what your favorite southern woman has done for her man on Father’s Day.  Well, I have 2 presents in store for him (I don’t mind sharing…he’s a little busy with baby stuff right now, and won’t likely be reading this week’s posts, haha).  The first is a picture frame that will have our first family picture in it, that he can take to work.  The second is my favorite however.  I have had his wedding band inscribed, something personal from just me to him, because even though it is Father’s Day, the joy of our baby would not have been possible without our love and devotion to each other, and it’s always good for couples to remember that.

Hope these links help you find the ideal and frugal gift for your dad!  Good luck!

An easy way to increase your business revenues…

Monday, June 14th, 2010

One of the most important things in an entrepreneurs bag of tricks is their ability to obtain new customers and build their business more.  The more people you talk to/network with, the more people will want to try your service or buy your product.  A great way to increase your brand power and obtain new customers is by becoming involved in every civic, educational and professional organization you can that is also relevant to you and your business!

Buy building relationships with people who are also involved in these organizations, you will build a reputation as a solid and concerned citizen, and will get your name, and the name of your business out in the business world.  Just remember not to join more groups than you have time to dedicate to them.  While there are many local groups that you can join in the town/city you live in or near, there are many national groups as well.  Try to pick groups that are relevant in some way to your business, if that’s at all possible.  What are some of the national groups you could join?  Check these out:

The Boys and Girls Club of America  – Get involved in mentoring children with hard luck backgrounds.

Kiwanis International - Global volunteer organization that helps communities and children.

Volunteers of America - Service oriented organization that helps people get “back on track”

Volunteer.gov - A database that has volunteer opportunities able to be sorted by state, agency and type of opportunity.

Habitat for Humanity - A nonprofit organization that builds houses for those in need. 

There are countless others to choose from, but these are a few volunteer options to get you started.  Don’t forget, though, that you can join other groups that focus on education or professional development in your local community!

Tips for executing a will…

Friday, June 11th, 2010

Today, I’m writing about and article I found after being inspired by an article on CNNMoney.com titled What an executor must know before a parent dies.  Basically, I found the article on CNN Money to be lacking, and so I did some digging around and found a more in depth and comprehensive checklist (obviously not meant to replace the advice of a lawyer or accountant, but helpful for the DIY-er) for an executor (trix) of a will.

I myself am currently named as an Executrix of an estate, although I hope not to have to be saddled with the job for many, many years, and, after I got to reading the little article on CNN Money, I began to wonder what the  basics of executing a will were, and whether or not I knew any of them.  I mean, I have no doubt that I can and will carry it out to the best of my ability, but I am no expert, and therefore, would like to have some tips on the process and legal issues that might arise.  The article I found surpassed my expectations.  From contacting the funeral home to contacting a lawyer (if necessary), this checklist has a little bit for everyone.  An important question raised is how to pay for the funeral if it has not been paid in advance.  Life insurance “isn’t paid in a week” as it says, and therefore the author recommends that the owner of the estate have money set aside for these expenses if they don’t pay for them ahead of time!  What a great suggestion!

This article not only has tips for the executor of the will, but also, at the bottom of the checklist it has some tips for the person with the estate.  This is fantastic, if you ask me, because more often than not, the issues that arise from a will (other than people being petty over material mementos) are because the deceased person doesn’t have their affairs “completely” in order.  For those of you with a will, I would double check this list to be sure you haven’t missed something.  The best tip (in my humble opinion) was to have a specific folder, binder etc. that is stored in a place that the executor and another family member know of that has ALL of your important information in it, from wills to passports to divorce decrees…and not copies either!  They need to be the originals!

I suggest to all of our readers to check out the article.  This just seems like information that could be useful for most of us in the future, especially if you follow our suggestions and get yourself our of debt and start building wealth.  You could have a “nice chunk of change” to leave to your family, and you don’t want them to get a headache from your gift!  Happy reading!

Paying attention to your family…

Wednesday, June 9th, 2010

Yesterday, my beloved sent me an article about a family that is so attached to their “tech” (AKA their gadgets, like phones, MP3 players, laptops, video games etc.) that they spend time with each other without spending time with each other.  They have so many distractions that they can’t function as a normal family.  The 2nd grader has her own laptop!  It’s ridiculous! 

I have always been opposed to the excessive use of tech, especially when you are supposed to be focused on your family.  The fact is, there are times when it’s OK to tech binge, and there are times when it’s not.  Children should not have these tech things that can distract them from their family, and the parents shouldn’t set a bad example by using their gadgets all the time either.  There have been numerous studies that prove that multi-tasking is only possible for 3% of the population without the loss of quality.  With that fact in mind, what do you think happens to the quality of family time when each member of the family has a gadget in their hands and in their face?  Obviously, the quality goes down!

Am I saying that people shouldn’t ever use the tech they have?  No, of course not.  But when “family time” is really family time, it’s probably a good idea to put the tech away for the duration.  For example, when we go on vacation, we heavily limit our use of our tech.  We take our laptop with us to be able to stream music or play it from our music library while we are hanging out at the condo/hotel room.  We take our camera for pictures and the OCCASIONAL video (I’m not a big video fan since I sound every bit the hillbilly that I am :-D ).  We take the GPS to get us there safely, and our cell phones in case of emergency.  We DO NOT use the cell phones while on vacation, with the exception of the phone call made to family informing them of our safe arrival.  We limit the tech because while on vacation, there are PLENTY of other things to do and we should focus on each other, not the world around us.

Think about your household (or, like our example, your vacation).  Do you spend too much time in front of the computer?  Your gaming system?  Your smart phone?  Does your significant other have to ask you the same question 4 times before you hear them?  Have you been caught up in something on the Internet andnot heard your child call to you, or, like the article, have you forgot to pick your child up from school (etc.) because you were too engrossed in something online?  If you struggle to find the time for your family because of your gadgets, I would suggest limiting your time on them, and limiting how much your children see you on them.  If they see you do it, they will also do it, and teaching a child how to ignore their future family isn’t exactly a great life lesson.

AAA is more than just for flat tires…

Monday, June 7th, 2010

Today I wanted to talk about the advantages of a AAA membership.  The cost of the “Classic” membership, AKA the cheapest membership runs between $65 and $85 a year (for the first person, with additional members costing a small additional fee), and comes with many more advantages than just flat tire repair. 

Along with the companies distressed driver services (roadside breakdown, flat tire, a dead battery and car keys locked in the car, to name a few), they also offer features like Triptik, their online travel planner (which my mom has used for years and loves it) maps and apps for your GPS and your iPhone, and tour books!  On top of all this, some local AAA offices are affiliated with your local DMV and can allow member drivers to take care of vehicle registration, lost license plates and car stickers and transfer out of state vehicles (a serious pain in the neck, if you’ve never had to do it)!  Another benefit?  They have recently added identity theft monitoring with specialized people in their fraud relosultion support department, which is a free program included in your membership…all you have to do is sign up!

The other great benefit to a AAA membership?  All the discounts!  Discounts can range from 10%-30%, depending on the location, and can include locations like hotels, rental cars, gym memberships, restaurants, sporting events, prescription medicines etc.

With all of these benefits, a Classic AAA membership seems like a great deal, and, if you have your budget on track (i.e. no debt except the house), this should be a great way for you to save some money!  Now, if your lifestyle dictates that you’re on the road a lot (salesman, for example), then you should consider this service, out of debt or not!

On a personal note, your favorite southern couple is fast approaching the due date of their first child, and therefore, will likely miss a post or 2 in the upcoming weeks.  If, you, our wonderful readers, visit the site and find no post for the day, please be assured that we will be back soon, and will post pictures of the newest addition to our clan as soon as we get the chance.

Something sweet? How about free doughnuts TODAY!

Friday, June 4th, 2010

Today’s article is about National Doughnut Day, which is today, June 4, 2010!  The article, Honor history and eat a (free) doughnut, by Teresa Mears, tells the history of the doughnut (who knew that National Doughnut Day started in 1938 as a fund-raiser for the Salvation Army??) with regard to the U.S.  and all kinds of other fun facts for the reader.  I loved all the trivia!  What did I love more?  The info about free doughnuts, since as most of our readers know, we’re love deals and freebies!  So, where can you get free doughnuts?  Read on:

  • Krispy Kreme – 1 free doughnut per customer, no purchase necessary!
  • Dunkin’ Donuts – free doughnut WITH the purchase of a beverage!
  • LaMar’s – 1 free Ray’s Original Glazed Doughnut, no purchase necessary!
  • Shipley Do-Nuts – Free glazed doughnut WITH purchase UNTIL noon!

Don’t have one of these shops near your house?  Check with local mom and pop shops to see if they’re celebrating the day!  If not, explain the day and see if you can get a freebie (or freebie with purchase).  Hey, it never hurts to ask!  Have a great National Doughnut Day and happy eating! 


A special thanks goes out to Amy for bringing such a yummy article to our attention!

Birds of a feather save money together…

Wednesday, June 2nd, 2010

While checking out some websites the other day, I ran across a quote from a co-founder of WiseBread.com, another personal finance blog that has some good tips.  The quote says “Good money management is a lifestyle. If you surround yourself with people who share the same values, you’re more likely to stay on track”.  This is very similar to one of my favorite quotes, stating that “You are the average of the five people you spend the most time with”, by Jim Rohn. 

Obviously they both speak for themselves, but many times we either don’t think things through or apply them in our lives.  IF, for example, we are the average of the 5 people we surround ourselves with, and we surround ourselves with people who choose to be frugal and manage their money wisely, it stands to reason that we would find it easier to stick to our decisions as well.   

So, the question is, have you thought through the people you spend the most time with these days?  Are they the type of people you would want to be if you had to be someone else?  Would you let them step into your life and run your house and job/business in your stead, making all choices and decisions for you?  If you would not trust them to make the wise decisions you would make (or wiser even), then I say perhaps you need to reevaluate the friendship.  This doesn’t necessarily mean I want you to ditch all your friends that don’t “measure up”, but maybe you need to develop better relationships with friends who meet your new found requirements, or perhaps YOU need to be the role model for your friends, encouraging them in their endeavors.  Whichever of these choices you feel you were meant to do, implementing them isn’t difficult (just being aware of the choices in front of you with regard to your friends is a step in the right direction, but also, I find that deciding to be the type of friend you want to have makes a big difference as well, since so many people are NOT the type of friend they want to have), and the rewards can be plentiful, both in wealth and in personal fulfillment.