We hope all of our US readers had a great Thanksgiving yesterday and are successfully avoiding Black Friday purchases today!
As we’ve done previously, we’ve put together another edition of our fave posts from around the blogosphere this past month. As always, these are not presented in any particular order. So, here they are for your reading pleasure:
Get Rich Slowly – Ask the Readers: Is financial ability intrinsic or learned? - This post offers up a great question and really gets you thinking about things like nature vs nurture and how it applies to finances. Guest author Maggie shares her opinion on the topic and raises some great questions.
More than Just Money – The School of Failure - While not directly PF related, Kassandra tells us about how she fought the urge to give up after she missed her goal of writing everyday in October. This can be applied to your financial goals as well. If you go over your budget by a little bit, that doesn’t mean you should throw the whole thing out the window. Instead, you should try to stick to it as closely as possible, lessening the impact of your failure.
Young Adult Money – A Case for Earning More over Spending Less - Erin points out that she’s changed her views on whether you should earn more or spend less to increase your financial stability. She used to be firmly on the side of cutting expenses, but now she’s changed her tune. Both Cat and I are in favor of earning more now that we know what can be done online and through other side hustles too. While we don’t advocate having an over-the-top lifestyle, we are definitely in favor of earning more rather than spending less.
The Broke and Beautiful Life – The Power of “Only If It’s Free” - This is a great post where Stefanie tells us that if we have the mentality that we will only do something, go somewhere, or attend an event if it’s free (or extremely cheap) we will make the effort to find ways to make it happen. Of course, this only works if we really, really want to attend; otherwise we may decide these things not worth it. Either way, we are saving money in the process.
20 Something Finance – Labeling the 3 Types of Purchases Makes you a Wiser Consumer – Wow! This is an eye-opening post about the true definitions of “wants” and “needs”. If you have any doubt about your spending habits, you should definitely read this post.
Well guys and gals, that’s all we have for you this month. We hope you had a great Thanksgiving and are keeping your budget in mind for spending this Christmas season!