Tuesday, December 23, 2008

Cancelling the Cable

Cable costs a pretty penny. I spend about $100/month not for the sports packages [which is a rip off if you ask me] but for the children's programming [which is also a rip off] that my toddler is addicted to.

But $100/month adds up. According to CancelCable.com, it's like buying a new 50" tv each year and tossing it in the dumpster. Yikes! But you can cancel your cable and still watch most of your favorite shows for free from various other sources which CancelCable can teach you about.

Seriously, head on over and just think about it. And think about what else that money could be doing for you instead if you invested it instead of throwing it down the drain.

Saturday, December 20, 2008

How Much Is Your Time Worth?

Do you realize how many hours it will take you to work to pay for things? Try out this handy dandy little calculator. It is really eye opening. Useful if you're going to be purchasing or financing something--it might just make you think twice about where your financial priorities are.


Here is a simplistic example. Let's say you earn $10/hr and decide to go eat out at a restaurant that costs you $20. It will cost you two hours of work just to pay for that dinner.

Now imagine if you could figure out how many hours it will cost you to buy that hot new pair of shoes, new little trinket of junk or that new car you've been eyeing. I imagine that you will start to determine that some things aren't worth your hard earned time and money.

Try it out and start thinking in terms of your time and see if it doesn't give you a different perspective too.

Friday, December 19, 2008

Frugal Food & Fitness

Has the holiday weight started creeping up on you yet? Mine has and I'm already starting to plan my post holiday workouts because being healthy is much cheaper in the long run!
So if you're like me, you might want to check out this free e-book by Squawkfox to give you some Fun Frugal Food and Fitness ideas.

Thursday, December 4, 2008

Let Me Explain...

Yes, it's been a while. I honestly didn't fall off the face of the earth. I've just needed a break. A serious break. I was seriously stressed and worn out after the election season and all the economy stuff happening all at once.

So the day after the election, I disconnected.

I needed to find peace again. I haven't watched the news, read the financial blogs or listened to talk radio since. I know there is still a lot of turmoil going on in the financial arena, but honestly I'm just focusing on taking care of my own personal financial situation so that I can be sitting in the best possible scenario I can.

So here's a little update:

I've managed to cut nearly $2000 of business expenses per month. Plus I am working on whittling away more expenses on our personal finances--we have paid off a few credit cards and are currently in the process of a handy little refi that will save us $300/month--[rates are great this week!]

I have made some frugal changes that seem to be helping as well. So all in all, though I know there is still more I can be doing [and I will still be working towards this], I feel pretty good about what we've accomplished so far.

[Sorry economy, I need to do what is best for me--hope it doesn't affect you too much that I've reduced my spending].