17 Life Lessons They Should Teach in College But Don't Now that I've been out of college for few years, there's a list of courses I wish they taught. An introduction to brevity: Student turns in an essay, professor deletes every other word and shows them how much better it sounds. What I wish I knew when I was your age: A group of octogenarians lecture students on their biggest regrets in life. An introduction to disagreeing with people without sounding like a jerk: Teaches students that equally smart people can disagree with each other. Sometimes life isn't fair 101: Twenty percent of the class's homework is randomly deleted. Things you were taught but should quickly forget: A group of business owners tells students what theories their business professors taught that are theoretical nonsense and should be disregarded as soon as possible. An introduction to negotiating with people who are about to rip you off: To be taught by a repentant used-car salesman. Statistics for real people: Regardless of major. Public speaking for introverts.
4 Habits That Will Make You Healthier and Wealthier in 2015 | Money.com Depending on which study or urban myth you believe, the typical American gains two to 10 pounds during the period between Thanksgiving and New Year’s. And there is no question that December is the spendiest month of the year. Credit card issuers can document it, and retailers count on it. And January? Ellie Kay, co-author of “Lean Body, Fat Wallet,” said it might be easier to do both at the same time since the same four habits are required for each endeavor. 1. The first habit is to monitor your thoughts and redirect them. Athletes visualize success because it’s a tool that works. 2. The second habit is what the authors call the 3-D habit, and it’s a way to keep bad habits from getting the better of you. 3. The third habit is knowing and keeping up with your numbers. With weight, it means if you are taking in more calories (intake) than our body uses in a day (outgo), that unused energy will be banked in the form of fat. 4. Get the Family on Board Recognize Enemies of Success
5 Easy Steps to Get Control of Your Finances If you’re living from paycheck to paycheck or your finances are feeling pinched, it’s a good indicator that it’s time to take control of your finances. One of the most important steps to doing that is to take a good hard look at the money you have coming in vs. the money you have going out, so that you can establish a solid budget — and stick to it. Here are 5 easy steps to get you started: 1. How much money do you have coming in? 2. One of the most difficult steps in establishing a budget is determining how much money you’re spending – how much money is going out. 3. Now that you’ve gotten the hard part out of the way, it’s time to look at where you can cut back. 4. In today’s economic environment it’s more important than ever to have a financial cushion for emergencies. 5. So you’ve established a solid budget and have a great plan in place – but how do you stick to it?
Worst money mistakes you can make at any age Jayme Burrows/Shutterstock Everyone makes mistakes with money. We don’t save enough, or we spend too much on something frivolous. We sell shares in a stock too soon or not soon enough. “But there are also financial concerns that are unique to different stages of life,” says Joel Ohman, CFP and founder of InsuranceProviders.com. Avoiding them as you go along can save you a lot of stress (and money!) As you maneuver through life’s ups and downs, here are the slip-ups to watch out for in each decade. Watch video: The worst mistakes you can make financially in your 20s, 30s and 40s
7 Reasons to Pretend You Make Less Money We all know you can get in financial trouble by pretending to have more money than you actually do — and most of us know that you can’t make an educated guess at someone’s salary by checking out the car they drive. So you can appear to be wealthy even if you’re not. But can you get ahead by telling yourself (and intimating to others) that your paycheck is smaller than it actually is? Here are some reasons to consider pretending your paycheck is just a bit smaller than it really is. 1. If you don’t have an emergency fund (or even if you do), you can pretty much count on having an emergency. 2. If you pretend you make, say, 10% less than you actually do, you can probably cut expenses to accommodate the reduced pay. 3. Whether you’re looking to buy a house, educate a child or take a trip around the world, your dream is likely to require a significant chunk of change. 4. Retirement seems a long way off when you are in your 20s, and it is. 5. 6. 7. More Money-Saving Reads: Image: Hemera
Save Money and Budgeting Forums - What are your best money saving ideas? 1. I cloth diaper (making my own saves me even more than buying from off the internet and in stores) some of my diapers are made from old sheets, shirts, sweaters, blankets and scrap material. This saves me an average of $60-80 a month. I also use my own homemade babywipes made out of scrap pieces of flannel material or old wash cloths. 2. we do not buy paper towels nor napkins that often (dh and his friend sneaks in a roll from time to time) I use kitchen hand towels. 3. i also own a Scunnci steam cleaner which helps cut back on cleaning products. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. Four Rookie Mistakes People Make That Keep Them Poor *This article is Part 2 of a series. You can read Part one here. I wrote yesterday that I wasn’t going to discuss the technicalities on how to become financially independent. Instead, I’m going to focus on changes to your attitude or perception that will help you along the way. How would I define rich? A friend of mine spent 8 years investing his money. Another friend of mine has a combined household income with her husband of over 450 thousand a year. Do you see where I’m going with this? OK, now I’m going to talk about some of the rookies mistakes that people make that force them into a lifetime of indentured servitude: 1. Notice how the people who say ‘have kids while you’re young! There are a lot of reasons for this, but the main one is that children make it harder for you to take risks. I’m not knocking the joys of parenthood. If you’ve already fucked up and had children too soon, you can still work your way out of the hole. I don’t envy you. 2. 3. 4. How do you escape this trap?
The Frugal Girl — cheerfully living on less