Evolving Personal Finance » goals

Psyching Out My IRA

For the last six months or so I’ve wanted to max out my IRA.  Like, I’m dying to.  I’ve looked at our budget numerous times, attempting theoretical cuts here and there that could get me to the limit.  I took my contribution from just under 10% of my gross income to about 16% but going the rest of the way is just not happening.   Why do I want to max out my IRA?  Two psychological precepts … Read entire article »

Filed under: budgeting, goals, retirement, savings, stock market

Keeping Christmas in Perspective

  Christmas 2010 was a financial disaster.  It was our first Christmas as a married couple and we had major clashes over gift-giving philosophies that resulted in higher-than-usual spending for both of us.  We also flew to CA – our largest single expense.  When I tallied it all up in January I resolved that we wouldn’t let another year play out that way.  I completely lost focus on “the reason for the season” and got caught … Read entire article »

Filed under: budgeting, giving, goals

Small Steps to Speed Financial Accomplishment

Earlier this week I shared with you some of the ways my financial situation falls short of my ideals.  I know what I should be doing but it seems difficult to actually get it done.  I brainstormed a few steps I have taken in the past and should re-apply now.  These tweaks are probably most useful for people who keep budgets and are auto-saving but want to find ways to be a bit more … Read entire article »

Filed under: budgeting, found money, goals, savings