Avoid the Dollar Syndrome

When planning for a big purchase or the future, do you often get bogged down with how much things cost? This can even happen even with smaller purchases in reverse. You see something marked down at 75% and have to have it, simply because it is a good deal. The problem with finances is money. Yes, this sounds odd, but in reality the actual money part should be the least focus. When looking at your financial situation, stop thinking about the actual dollars and start thinking about what you want or need. The question shouldn’t be “how much will this … Continue reading

The Forest or the Trees?

When looking at your money, there are often two basic approaches. Either you take a big picture view of the entire money “forest” or you only watch the individual budget item “trees.” In reality, you have to do both to be a good money manager. The common saying that I don’t see the forest for the trees is easy an easy analogy for families who budget every detail, but don’t really understand their money habits. While tracking and analyzing spending is good, you can easily get so lost in it that it can become counter productive. The key is to … Continue reading

Money Week in Review October 14 – 20

In Measure of Success Debbie offers great insight on what it really means to be successful with your money. She also gives suggestions to help you be truly successful with your money. In 10 Ways to Spend Fun Money Miriam shares her favorite ways to spend her free money. She also asks for your suggestions. What do you like to spend your fun money on? In Do You Have a Dream Salary? Miriam points out that making a lot of money is not going to solve your financial problems. It is important to manage your money so that you can … Continue reading