Category: Lifestyle

Money Management Advice From My 9 Year Old.

This is a guest post from Neal Frankle, CFP, who blogs over at Wealth Pilgrim

Like everyone, my income and financial situation has been “impacted” by the current economic crisis. And as you can imagine, the “impact” hasn’t been pleasant.

We’re not at risk of losing our home or business (thank G-d) but our lifestyle has changed. We’ve reduced our monthly spending and we’ve eliminated our vacation plans. Even though we’ve saved for our childrens’ college since the day they were born, those investments have been clobbered. We’ve looked into different alternatives for our daughter who is about ready to start college this September.

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Lifestyle

By David

Towns Are Cutting Their Budgets And People Are Hurting – A Reminder To Myself.

This is real. I don’t see it too much here in my small mountain town because so much of our economy is local and we pretty much provide for ourselves, but communities across the country are suffering. Friends I talk to in other places see the neighborhoods in foreclosure, the long lines at job fairs, and the empty restaurants. So I wanted to go search around the web for examples of what is going on in different places, and these are a few of the things I came up with. I know some of you don’t think it’s all that bad, but people are suffering out there…

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Lifestyle

By David

Don’t Bury Your Financial Head In The Sand.

Of all the times you could choose to ignore your finances, now would not be the time. Between the banks being more choosy about who they lend to, the unemployment rate nearing 8%, and the future of the economy in question, now is the time you should be paying the most attention to your finances! When everything was good, I was nowhere near as careful with where my money went as I am now. And even though I am self-employed and have only really felt a little of the downturn, I am sure I will anytime now and I need to stay vigilant about our financial situation. So while it may seem easier to just ignore what is going on because it is so depressing, you should be doing just the opposite – taking stock of where you stand, what you can do, and where the future might bring you. Because I have been giving some thought to how we will survive if the economy continues to plunge, I figured I would share some of the things we are focusing on right now.

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Lifestyle

By David

My Two Dollars Interviewed Over At Better Trades.

In case anyone is interested, an interview I did with the website Better Trades is now up and live on their site. Most of it you guys already know, but there might be a few tidbits you don’t. So head on over if you want to check it out!

Lifestyle

By David

New Site Announcement – Simple. Organized. Life.

Hi everyone. I just wanted to formally announce a new site I started a few weeks ago called Simple. Organized. Life. I believe the title is self-explanatory, and I will use it to explore that side of my life a little more than I do here.

I am into trying (and still learning) to live a purposeful, simple life, and while I understand it ties in with what I do here at My Two Dollars on occasion, I wanted a place where I could dig a little deeper. I do hope that if you are into that kind of thing, you will come on over, subscribe to the feed, and start leaving comments and getting involved. I look forward to seeing you over there soon!

Lifestyle