By Sheryl Smolkin
This week we are delighted to bring you a new blog from Squawkfox Kerry K. Taylor who has been on a blogging sabbatical for the last several months.
Are you frugal or cheap? includes a great graphic that answers the question. Kerry’s flow chart reveals that you are definitely frugal and not just cheap if saving a buck is not your ultimate objective; you would spend a little more for higher quality; you think long-term when making purchases; and, you do not prioritize money over relationships.
On the Canadian Personal Finance Blog, Big Cajun Man (Allan Whitton) gives Key Financial Rules for borrowing money. According to Alan, buying a house is the only good reason to borrow money. “Borrowing money to invest just strikes me as asking for a swift kick in the lower abdomen,” he says.
Guest blogger Stephen Weyman on Million Dollar Journey compares gas reward programs. Surprisingly, he notes that some Grocery Store Gas Bars offering Grocery Store Discount Coupons are top of the list. They typically return 2.7% but select locations in Alberta offer a maximum return of up to 8.1% when paired with other bonus coupons.
When life gives you lemons, add vodka is an irreverent look at how to change your financial behaviour. This week Sarah writes about How to Fail at Your Big, Hairy, Audacious Goal (And How to Set A Goal That You’ll Reach).
When she and her husband decided to save $80,000 for a down payment on a house over three years, they gave up after two months. She says what went wrong is that there were no small steps or changes in their habits to build up to this goal. Therefore, they were unable to go from saving nothing to saving over $1,000 each and every month.
On StupidCents, blogger Tom Drake writes about The Best Careers for the Future. He concludes that some of the best job prospects will be in the health care professions. With Baby Boomers retiring and aging in the next 20 years, those who are involved in their care are likely to see job growth and security.
And finally, Jonathan Chevreau, author of Findependence Day who is well known to readers of the Natiomal Post and MoneySense has just launched the Financial Independence Hub. We look forward to bringing you lots of great content from that site it the coming weeks and an update of this savewithspp.con interview in the new year.
Do you follow blogs with terrific ideas for saving money that haven’t been mentioned in our weekly “Best from the blogosphere?” Share the information with us on http://wp.me/P1YR2T-JR and your name will be entered in a quarterly draw for a gift card.