Subscriber Swap Saturday: No Debt Plan

December 6, 2008 by  
Filed under Blog

Today Mr. ToughMoneyLove wants to introduce my readers to another personal finance blog that I like to read, No Debt Plan.

No Debt Plan is about getting and staying out of debt with a plan.  Kevin, the author, is passionate about budgeting, saving for the future, and using goals to reach financial freedom.  You can subscribe to his blog by RSS or email.

This is the second Subscriber Swap Saturday that Kevin has run.  The basic idea is to get the subscribers of one blog to subscribe to the other blog for at least a week, just to try it out.  After a week if you don’t find that blogger’s content enticing, drop it.  The hope is that over time you will find several writers that you weren’t familiar with that provide meaningful content to you.  (You can read more about Subscriber Swap Saturday at his blog.) 

I had a chance to interview Kevin to briefly talk about himself and his blog:

Read more


Media-Types Struggle to Get on the Same Economic Page

December 1, 2008 by  
Filed under Economics, Spending

I was amused and intrigued by Sunday’s print edition of our local newspaper.  The business section featured four articles under the following headlines:

“Foreclosure Wave Hits Malls”

“Big Players Scale Back Charitable Donations”

“Global Crisis Jolts Tourism in Caribbean”

“Companies Whack Pay Raises, Bonuses”

Definitely a doom and gloom article collection wouldn’t you say?   This selection came from a newspaper with a definite liberal editorial staff.  (By they way, when did organized crime slang like “whack” become a mainstream media headline verb?) Read more


Spenders Jumping on the “Shopping is Patriotic” Bandwagon

November 29, 2008 by  
Filed under Economics

Black Friday always makes for an interesting study in consumer behavior.  In addition to the shocking news about the Walmart tragedy, commentary from the shoppers themselves is instructive.

Mr. ToughMoneyLove was listening to NPR today when a field reporter caught up with a Black Friday shopper waiting for a Best Buy to open at 4:00 AM. This particular shopper had been in line since 5:00 PM they before.  Explaining herself, she said that “she didn’t have much happening on Thanksgiving.”  I’m guessing that whatever she had going on, it involved closely studying the Black Friday sales fliers. Read more


Will Your Retirement Nest Egg Be “Puny”?

August 29, 2008 by  
Filed under Retirement Planning

Financial Planners are Not Happy with Retirement Planning by U.S. Workers

I don’t really enjoy starting the weekend with bad news but it seems that financial planning professionals are now openly complaining about their clients.  They are complaining about working adults of all ages.  They seem to be particularly upset with baby boomers, the bulk of whom are scheduled to start retiring in 2011.  Why?  Because we are all grossly unprepared for what is to come, as in too much life span left at the end of the retirement nest egg.  Mr. ToughMoneyLove wants to explore this a little further. Read more


Making Changes in that Which We Still Control: Spending

August 9, 2008 by  
Filed under Budgeting, Spending

One of my favorite financial writers – Scott Burns – spoke in his column this week about the power of “attentive spending.”  He pointed out the factors that most of us cannot control in our financial lives because of the precarious and volatile state of today’s economy.  These include stock market losses, low interest rates on savings accounts and CD’s, falling home values, rising oil prices, inflation, and uncertain job security.  This leaves a lot of folks feeling helpless and hopeless. Mr. ToughMoneyLove is sympathetic. Read more


Saving Money by Slowing the Work Lunch Cash Drain

August 3, 2008 by  
Filed under Budgeting, Spending

This post is about money that is lost (and that can be saved) just by being more disciplined in deciding what and how you are going to eat lunch in the workplace. Read more