impulse buying

Impulse buying can be the end to all financial plans. Accounts are most likely overdrawn by the end of the month or purchase decisions are regretted. This is the reason for a sinking fund for all planned or major purchases. Sinking funds are simply savings put in one particular place for a specific thing. For [...]

The holiday shopping season is coming as marked by the approaching Black Friday. Normally, people all over the U.S. will be spending billions of dollars on gifts for friends, family, and co-workers — however, I am not sure how it will turn out this year with the doom and gloom of the economic crisis.

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Happy Mother’s Day everyone. This special day makes it an auspicious start to a new week and I hope everyone has a chance to do something special for their wife and mom. The past few days were definitely interesting, and here are the highlights.

A couple of media mentions
Moolanomy received a couple of media mentions. Although [...]

This is a guest post by Tisha Kulak of CreditorWeb.
For both parents and students, off-to-school shopping can be an important financial lesson that should be shared. It is a prime opportunity for parents to get to teach their kids a few remaining lessons about budgeting and personal finance: two very important lessons college kids should [...]

Last week DebtKid, shared his dumbest purchase and offered his Nintendo DS Lite as a contest prize to one lucky winner. Everyone who shares their story has a chance to win the Nintendo DS Lite. Well, I am going to join in for the opportunity to win this little gadget. But more importantly, it’s a [...]

This is a guest post I wrote for BeingFrugal.net on September 20, 2007.
In “The true earning power and the real cost of luxuries,” I discussed the concept of true earning power. If the thought of making only $3.85 from a $30 per hour wage does not motivate you to be more frugal, here are [...]

Sometimes when you are in really deep, everything you want to accomplish seems so monumental that you give up before you even begin. I came across Dave Ramsey’s Baby Steps and liked the sound of it. So, I imagined myself working with someone in a bad financial situation, and here are 10 little things that [...]