The world’s best coupon clipper

I got this amazing comment from a guy named Mike on a recent post: I have to disagree with all those who rail against coupons. My wife has the last 4 months of inserts filed in our filing cabinet with a spreadsheet that she downloads that inventories the contents of each weeks insert. She then compares our grocery list to ...

Attention annoying hypocrites: Stop being judgmental about your friends’ money habits

When was the last time you judged your friends for their poor spending choices? I do it. You do it. We all do it, saying "YOUR spending is bad, but mine is good." And chances are, we're usually right -- since most people are terrible with their spending, they probably can't afford those shoes, trips, or restaurants they're always buying. ...

The 5 groups to blame for our financial illiteracy

Blaming everyone for being dumb is one of my most enjoyable activities. Today, a delightful foray into the world of why we're financially illiterate -- and whose fault it is. Let's start with a Freakonomics article by Stephen J. Dubner: "1. Do you consider yourself financially literate? 2. If so, how did you get that way? And now, a third ...

Automation: Add a “Stupid Mistakes” sub-savings account

Let me show you how I handle stupid mistakes like traffic tickets in my automation system for personal finances.   One of the most common reasons people can't get ahead is expenses they just didn't expect. I constantly hear things like this: "I was just about to pay off my credit card debt FOREVER, and then I had to get ...

My Free Insider's Kit will show you how to earn more money

Clueless friends giving you money advice? Use the STFUDF Technique

How many people in your life lecture you about finances, but don't have their own finances under control? Nothing is more infuriating than someone telling me I'm "throwing away money on rent" when they haven't spend even 2 hours running the numbers. Or someone who proudly proclaims that they found a higher interest rate on a new bank, which is ...

My $100,000 friend

"I had more spending money in college when I was a student working a part-time job." --A friend who earns over $100,000/year. How does this happen? Factor in the following: Urban living, including going out frequently Expensive apartment Credit card debt from spending on things like going out frequently, shopping, travel Student loans It's a combination of high ...