Evolving Personal Finance » Entries tagged with "wants"
How Do You Decide If You Can Afford a Purchase?
Lately I have been thinking about how to determine whether to make a purchase of a “want” and I’d love some feedback from you all about how you make that decision. One of the purposes of a budget, in my mind, is to help you make that decision. A budget gives you guidelines for what you want your spending to be, and then all you have to do when contemplating a purchase is ask yourself … Read entire article »
Filed under: budgeting, spending, targeted savings
When Did We Acquire All This Cash?
When Kyle and I arrived home from our honeymoon in June 2010, our non-property net worth consisted of: our Roth IRAs around $16,500 in savings accounts/CDs a bit in checking the money we received as wedding gifts $16,000 in student loans We had just spent between $10,000 and $20,000 on our rings, our honeymoon, and our portion of the wedding expenses. We felt like we were starting from zero, in cash anyway. That summer we put in CDs the amount of … Read entire article »
Filed under: personal, targeted savings
Needs Becoming Wants: My Weekend Without
This weekend Kyle attended his departmental retreat a few hours away from Friday afternoon to Sunday afternoon. He took our car and my cell phone with him so this whole weekend I have been without fairly basic “needs.” Kyle tried to find a ride to his retreat, but since he was actually attending two retreats in the same city he needed to be able to get back and forth and the other people attending both weren’t … Read entire article »
Filed under: lifestyle creep
Found Money Creates Wants
Today’s post is not going in the direction of showing you strategies for battling the “wants” that spring up after finding money. Rather, I am just going to share the experiences and struggles that have emerged for us in the wake of receiving some monetary gifts this summer, particularly in terms of our joint money mindset. Kyle and I received a large gift for our second wedding anniversary in May, and this month we received/are expecting … Read entire article »
Filed under: found money, marriage
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