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Posts tagged with: save

Financial Principles to Live By

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Financial Literacy Principle 1:
“It’s not what you make but what you keep that determines financial success. Pay yourself first and save what you pay yourself.” Holger Spiewak

As I’ve begun stalking influencers and job contacts on LinkedIn this week, I saw this quote and it stuck. We all know that I have really SUCKED at managing my money for most of my life, hence my what almost four year presence on this site as I continue to try to dig out and learn to do better.

The Next Generation

We have got to teach our children better. I saw another quote from someone how with the same sentiment…”why aren’t we taught this in school?” Sea Cadet is currently taking a Personal Finance class at the local community college. And while I haven’t dug into the curriculum, I have eye-balled it, and it is primarily math, not principles like the one above.

I want to do better with my kids. And I am in some ways, they’ve been managing their money for some time as you can read about here and here. Tell me what are your go to Financial Principles that you think should be taught not only in the home but also in the school. I realize the bulk of financial training is done at home, but let’s be honest, a good deal of children will never receive any money training from their parents because they never had any themselves.

Financial Principles to Live By

Tell me what are your Financial Principles that you live by or like me, you wish you lived by a lot longer than you have. And my second question is, do you have an example of someone who exemplifies that principle to you?  Books? Blogs? Articles? I am craving to improve myself, craving more information.

Other great articles to pick up lessons from:


Celebrating Memorial Day Weekend…

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My husband decided to throw a Memorial Day potluck at our home on Sunday. He’s not the kind of guy to barbeque hot dogs and burgers – his food is generally cooked non-traditionally. On Sunday, he and my brother prepared rotisserie pork over hickory chips in a brick fire in our backyard. Three huge slabs of pork were on sale and we were able to split the cost with my brother. Our half was only $22!

Far more people showed up than expected and throughout the day, about 35 people passed through our front door. I guess when you slow roast pork drenched in seasoning and sauces for six hours, you attract the neighbors as guests.

It was one of those days where I didn’t think about how much I hate my crummy couches, the little patch of peeling stucco, or the square of brown lawn I can’t afford to water in my backyard. All I could think was how blessed I am to have such a wonderful group of friends in my life. All those bodies with smiling faces covered the crummy couch, the friends sitting in chairs on the patio playing Phase 10 hid the patch of peeling stucco, and the square of brown lawn was the perfect place to play a competitive game of horseshoes.

When Dave Ramsey is asked how he is, he always responds, ‘Better than I deserve.’

I know the feeling.

How was your weekend? Did you spend or save?