I use my cell phone as my alarm clock. When it sounds at 7:30, I grab it off the nightstand, push the volume-down button on the side to silence the ringer, and then clutch it in my hand so that I can quickly stifle it when it goes off every ten minutes for the next ~1.5 hours. I eventually wake up around 9, tell myself that I should just set the thing for 8:50, and then rush to work without bathing and forget all about it until the next morning when the same thing happens. Doing my 1 Thing now: setting the alarm for… 8:45.
By highjump on A Conversation with Helaine Olen About the Dark Side of the Personal Finance Industrial Complex
I totally agree that technology gets outdated very quickly, but I think that only underscores the need for a financial education. Less vo-tech and more liberal arts style if you will. The 'live within your means' message should start before people are actually earning real wages. Tracking your expenses and simple budgeting will never go out of style. Comparing prices and marginal utility probably will stick around as well. I think American schools should focus more on teaching critical thinking in general. And I DO remember the basics of the French and Indian War and the affect on the Revolution. If I wanted to know more I could find out because my lovely high school history teacher also taught us research skills.
By RocketSurgeon on Small Victories
Congrats and way to go! It's not easy to implement behavior change. But if you do it incrementally, it adds up to big changes over the long run.
@Madeline Shoes @Spinach Party that is actually a genius idea. I have a spreadsheet and check my spreadsheet and love my spreadsheet but a bill account vs fun account seems like an excellent idea I have never thought of
@Spinach Party I DO THIS! It has seriously helped me so much. I have my paycheck deposited into the account that pays my bills, and then I move $100 a week into my "spending money" account for groceries, gas, fun, etc. Anything extra in EITHER account at the end of each month goes right into my savings. The card for my bills account lives... actually, I'm not sure where it is. I think it's in the back of my junk drawer. It lives somewhere in my house, where I threw it as soon as it got activated so I'm not tempted to use it. ETA: My One Thing is to buy new rubber gloves for doing dishes and paper towels for cleaning.
When you switch banks, why not set up two linked accounts, one for bills and one for spending. Then, when you get paid, have the check deposit to your bills account and automatically transfer your spending money to the other account. This is what I do and it works great! Haven't overdrafted in almost a year, something I used to do frequently.
I am always super, crazily embarrassed by these comments, but thank you.
Oh, Mike Dang, marry me. We'll have an adorable fiscally responsible baby.
HOW WAS THE SANDWICH
@stuffisthings I made $ 22,000 last year.