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Family and friends may not be receptive

By Karen Datko Sep 14, 2009 9:13PM

How tacky is this -- or is it? You're invited to a wedding and reception, and you're expected to pay for your meal.

 

We've never encountered this, and neither has Mike at Clever Dude, although he considered it briefly before he got hitched. However, a friend of his was invited to a wedding for which she was asked to pay for the meal and also bring a gift.

 

Not cool, Mike said: "The wedding is for YOU (bride and groom). The reception is for US (friends and family)."

 

He added, "If I'm going to plop down $50 to $150 on a present, the least I should expect in return is a decent meal."

It's tradition, sure enough. But in these economic times, can't we all tweak our expectations a bit?

 

Get control of your finances sooner than later

By Karen Datko Sep 14, 2009 9:07PM

This guest post comes from "vh" at Funny about Money.

 

Ever think about what you'd do if you could turn back the clock and be 20 again? Though I wouldn't especially want to live my life over, there are a number of money moves -- and decisions that had more influence on lifelong personal finance than I could have guessed at the time -- that I'd either not do at all or that, given a peek forward 40 years, I'd do differently.

 

For example:

 

I would have taken advanced degrees in disciplines whose graduates make decent pay. Can't say I regret having prepared for an academic career. It has allowed me to earn an adequate (not generous) living after spending way too much time as a lady of leisure.

 

However, I'd never recommend to a young person who wants a life in academe that she or he pursue a doctorate in the humanities. University faculty in business, engineering and law earn more than those in other disciplines. A Ph.D. in accounting can start at the assistant-professor level with a six-figure salary, and believe you me, that is one hell of a lot more than you earn teaching history or English.

 

Mind-numbing major? Puh-leeze! What could be more mind-numbing than postmodern theory? Oh yeah: postmodern feminist theory! Give me a bag of beans to count, any day.

 

He's in the third stage of personal finance

By Karen Datko Sep 14, 2009 9:00PM

This post comes from J.D. Roth at partner blog Get Rich Slowly.

 

It's been a long time since I wrote about the general state of my financial affairs. A few readers have written to express concern that I've lost my way. I haven't. If anything, I'm more devoted to this stuff than ever.

 

But as I wrote earlier this year, I've entered a different stage of money management. During the first two stages of personal finance (debt elimination and establishing a foundation), things happened quickly. They did not seem quick at the time, but they were.

 

Now I'm in the third stage of personal finance. Progress is steady, but there's not a lot of scenery. Have no fear: I'm still on the road to financial freedom.

 

Companies negotiate lease transfers

By Teresa Mears Sep 14, 2009 6:08PM

People who want to downsize and cut expenses often want to cut their car payments. That can be difficult if you are locked into a lease. LeaseTrader.com, a Miami company that acts as a matchmaker between people who want to get out of their car leases and people who want to take over leases, expects business to be up about 30% this year as people seek ways to save money.

 

Last year, people wanted to get out of their leases so they could pay expensive mortgages, John Sternal, the company's vice president of marketing and communications, told Niala Boodhoo of The Miami Herald. This year, he said, people are trying to cut their living costs.

 

Movement spawns new vegetarian recipes

By Teresa Mears Sep 14, 2009 6:03PM

Everybody knows that one way to save money on groceries is to eat less meat. In these lean times, lots of people have been rediscovering beans and rice, staple foods of many traditional cuisines.

 

Now there's an international movement for a Meatless Monday. While the motivations are environment and health, eating less meat is still a good way to save money.

 

Online service checks costs in your area

By Teresa Mears Sep 14, 2009 5:49PM

Do you ever wonder if your auto mechanic is charging too much?

 

You can get a second opinion for free. RepairPal provides free price quotes on repairs to most cars, customized by ZIP code. The quotes are created using a complex database that draws from a number of sources, including expert mechanics hired by RepairPal to analyze the data. You can access RepairPal on your computer or get the freeiPhone app.

 

iTunes U includes lectures, TV programs

By Teresa Mears Sep 14, 2009 5:36PM

We've all thought about how much more we'd learn if we got a chance to go to college again as mature adults. One of the best places to be a student again is at iTunes U, which provides free access to thousands of audio and video files from some of the world's top universities.

 

The service also provides free access to public radio and TV programs, and this summer the Library of Congress began participating. You can listen to American Public Media's "Marketplace" or watch PBS programs, all free and at your own convenience.

 

Home Depot, Web sites offer lessons

By Teresa Mears Sep 14, 2009 5:29PM

When we were growing up, no one ever called a handyman. If anything needed fixing, you fixed it yourself. Our father, who was an ad man (but not like the ones in "Mad Men"), built a bedroom and bathroom in the basement following instructions in books he got at the library. We got a toolbox to take to college.

 

Doing your own home repairs is a great way to save money. Not only can you check out books at the library, but you can look up nearly any home repair project online and get detailed directions and watch instructional videos. Plus, keeping up with regular home maintenance is one way to avoid expensive problems later.

 

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