Week End Round Up # 58

Happy Friday! Welcome to our week end round up #58. We had an incredible celebratory debt free dinner on Sunday. The entire family goes dress up and we went to a restaurant our children would classify as fancy. A pinky’s out type place when you drink your beverage. We had a great meal and a great time. We happened to run into a friend while there and she asked what we were celebrating. We explained being deb free! She replied how great that must feel and what a burden has been lifted. She doesn’t know how right she is. Enjoy your weekend!

What’s your weekend plans?

Check out this Money Masters Quiz over at Total Money and test your financial knowledge and a chance to win an iPad. I scored an 11 in 4 minutes 10 seconds.

week endPart of our yummy debt free dinner!

Now on to some of my favorite reads from the week:

Why Are People So Ashamed About Inheriting Money? @ Financial Samurai

Someone Stole our Christmas Tree @ Messy Money

Sometimes You Just Suck @ brokeGIRLrich

A Small Bump In The Road @ Indebted And In Debt

21 Things Frugal People DON’T Do! @ Retire By 40 Blog

Here are some of my favorite blogs:

pftwins
Prudence DebtFree
the frugal millionaire
Dear Debt
Moneyminiblog
Messy Money
Frankly Frugal Finance
The Frugal Farmer
brokeGirlrich
Enemy Of Debt
The Broke and Beautiful Life
Club Thrifty
Squirrelers

I continue to featuring Interviews of fellow Personal Finance Bloggers, please consider participating.

Please e-mail me for more details.

Have a great weekend!

Posted in Personal Finance | Tagged , | 3 Comments

Interview Series: Simple Financial Lifestyle

This is the twenty-sixth in a series of personal finance blogger interviews with fellow personal finance bloggers. Today’s guest is B Simple from Simple Financial Lifestyle.

Who is B Simple?
B Simple: I am a part-time blogger and native of New Orleans. My family and I lived in New Orleans until 2005 when we move due to a hurricane. I now live in Texas with my wife and two pre-teen daughters. I am a lifelong Saints fan. When I am not blogging or watching football, I enjoy outdoor activities and exercising. We also like to take family vacation during the summer.

Why did you start your blog?
B Simple: I started my blog because I saw many friends and family making their finances more complicated than they needed to be. I also had friends who would ask how they could manage their finances better. I thought a blog could not only help them but others as well.

What are your favorite Blogs?
B Simple: My favorite blogs are Budgets are Sexy, Smart Passive Income, and OkDork. Not only do I like reading blogs but also enjoy listening to podcast such Money Mastermind, Eventual Million with Jaime Tardy, Entrepreneur on Fire with John Lee Dumas and The Charged Life with Brendon Burchard.

When did you first become financially literate?
B Simple: I learned in high school during a personal finance class I took. After I took that class I was hooked and have enjoyed learning about personal finance ever since. My parents also instilled in me and my siblings how to manage our money.

What was the last item you regretted purchasing?
B Simple: It was not a purchase it was actually switching service providers for internet and phone to save money. I am saving each month and have faster internet but I have had more service issues with this new company than I ever had with my previous provider. I only changed a few months ago. If I could change back I would and I am considering it if the service does not improve.

If you died today, would your family be okay from a financial standpoint?
B Simple: Yes my family would be fine. We have very little debt and have built a nice nest egg by maximizing my retirement and saving outside retirement. Also have adequate life insurance in place.

What are you teaching (or will you teach) your kids about money?
B Simple: Teaching the value of money and that you must earn it, also teaching them about needs verse wants. Just because you want something does mean you have to purchase it.

What’s your dream job?
B Simple: My dream job would be to the CEO of my own company. I am hoping I can live this dream soon. I would like to own an online business which would be location independent so I could live where ever I wanted.

What’s your best advice? (write in question)
B Simple: Never give up no matter how bad things seem to be. There is always tomorrow another day to start over again. You just take one day at a time and focus on what you want to accomplish.

B Simple blogs at Simple Financial Lifestyle, on Simple Financial Lifestyle I aim to show individuals how to make their financial life easier by simplifying it. I discuss having the right financial mindset to help you achieve your financial goals you set for yourself. My goal is to share information such as how automation, consolidation and goal setting will make your financial live easier to help reduce financial stress. This will lead to a healthier life which hopefully leads to a wealthier life.

Posted in Personal Finance | Tagged , | 3 Comments

Stuff

We own a lot of stuff. Granted we have lived in the same house for over 15 years. Our three children have grown up here, not an excuse, just a fact. This past weekend we spent many hours cleaning up our stuff in preparation for a renovation project in our home. As I cleaned up I realized we have a ton of stuff we very seldom use. This stuff cost us money at some point, I’m sure it was paid for with credit or at least a portion of it. This stuff also clutters our home. Clutter causes a domino effect, more to clean, more to organize, more to misplace, etc. Clutter causes you your time too. Each day searching for missing items like keys, receipts, phone chargers, and the list goes on and on. It can cost money too, replacing lost items with a new one only for the original to surface a day or two after the purchase. As we looking to set new goals, purchasing seldom used items and cleaning up clutter will be on the top of our list.

stuff

Seldom Used Stuff

These were some gems found when we did our clean up this weekend.

Waffle Iron – We haven’t made waffles in at least five years. Over the weekends I usually make pancakes for the family from scratch. If we do eat waffles they are usually frozen ones, just more convenient.

Inflatable Tiki Hut – This was a purchase for my youngest son’s luau themes Birthday party. We used it once. If I recall it was around $100.

Cake Leveler – This is basically a tool to help shape cakes. I can’t remember the last time we shaped a cake. Sorry cake boss.

Our Plan

We will continue to clean up around the house in prep for our project, but we will set goals to try an accomplish more as it comes to de-cluttering and limiting seldom used purchases. Researching a bit on de-cluttering it seems the best way to accomplish is to sort items into different categories or piles when cleaning up your stuff. Sorting stuff in a store, sell, donate and trash pile, gives you an immediate action plan based on your piles. The next step is to follow through with the action plan, making sure you store, sell, donate and trash or you just be left with the same amount of stuff just neatly categorized.

We will systematically take this approach and give our entire house a once over. We plan on tackling our holiday decoration as a next step. Good timing given this time of year and the fact that we have so much in that category. Once the de-cluttering of our stuff is complete the next step will be to addressing the root of the problem, purchasing new stuff. Now I’m far from a minimalist, but do like the idea of keeping things like wardrobe streamlined as it does make life easier, and saves time, decision time to pick out an outfit, laundry time to wash and dry the clothes, are two good examples. There is always a need for new things like food. The strategy I like to use when shopping is to always shop with a list, this help cut down on the impulse buys. The other strategy I’d like to implement going forward is the wait before you buy policy. For major purchase say $25 or more wait 24 hours before you make the purchase. This gives you time to think about that item and whether you truly need it or not. This is certainly not a new thought, I’ve heard this before in the PF community and it makes sense. If I used this strategy years ago I might not be shaping waffles under my inflatable tiki hut one last time.

How do you handle your stuff? Do you need to take on a de-cluttering project? What’s your best strategy for defending impulse spending?

Posted in Money, Shopping, Spending | Tagged , | 19 Comments

Week End Round Up #57

Happy Friday! Welcome to our week end round up #57. Well if you haven’t checked the calendar we only have 6 more Saturday’s left before Christmas. Do you have your Holiday plans in order? We have our Thanksgiving plans set, and when we are enjoying our meal with family we will finalize our Christmas plans. I guess I should consider writing a Holiday post at some point. This weekend we are finally taking the family out to celebrate being debt free. We have reservation set for a nice steak house to celebrate our accomplishment. I’m looking forward to some quality time with the family. Enjoy your weekend!

What’s your weekend plans?

week end

Now on to some of my favorite reads from the week:

Selling My Soul to the Devil: Why I’m Leasing a Car @ Luke1428

Five Savvy Christmas Shopping Tips! @ Two Kids & A Budget

Secrets of Self-Made Millionaires: 5 Commandments you wish you knew earlier @ The Becomer

My Apologies To Gazelle Intensity @ Enemy Of Debt

Here are some of my favorite blogs:

pftwins
Prudence DebtFree
the frugal millionaire
Dear Debt
Moneyminiblog
Messy Money
Frankly Frugal Finance
The Frugal Farmer
brokeGirlrich
Enemy Of Debt
The Broke and Beautiful Life
Club Thrifty
Squirrelers

I continue to featuring Interviews of fellow Personal Finance Bloggers, please consider participating.

Please e-mail me for more details.

Have a great weekend!

Posted in Personal Finance | Tagged , | 11 Comments