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Relationships


  • Elder Financial Abuse: Signs, Symptoms and Preventive Measures (11 comments)
    This article is by GRS contributor Chris Kissell.

    It’s a form of abuse that often unfolds in silence. Its victims are often reluctant to report it. And it is likely to become even more commonplace as our society ages. What is financial elder abuse? Financial exploitation of elders occurs whenever someone dishonestly hijacks the resources of an older adult for personal gain, such as: Belongings Assets Benefits Other resources Exploiters target seniors because the…

  • How I Stopped Worrying About Money (Almost) (30 comments)

    It might be the incessant nagging of an unpaid bill or a stomach-churning plunge in the stock market, but suddenly you don’t know how to stop worrying about money. Join the club. Even having a decent nest egg of savings and a solid financial plan is no cure for money worries because the more you know about personal finance, the more you understand how fragile any plan and any investment program can be. Still, I…

  • Thanksgiving 2015 (7 comments)
    This article is by William Cowie.

    During the past year (and in years prior), all of us at Get Rich Slowly have been focused on money. And yes, that includes you. If you count them, I suspect the comments contain more words than the posts. GRS would be nothing without you. None of the writers or editors here profess to have all the answers about how best to manage our personal finances. And that’s…

  • What else can young people do to jumpstart their lives? (26 comments)
    This article is by editor Linda Vergon.

    According to a new Pew Research Center analysis, the number of young women living with relatives is rising – to levels not seen since the 1940s. Fully 36.4 percent of young women between the ages of 18 to 34 are not financially capable of striking out on their own these days – even though five times more of them are college-educated today. The gender gap It’s no…

  • How you and your community can improve your finances (6 comments)
    This article is by staff writer Lisa Aberle.

    Have you ever received a financial boost by being part of a community? Back in April, I wrote about how (and why) to build community. Along with the article, we also conducted a survey (both of the GRS community and, later, of the general population) about points in the article. The survey covered questions such as: Does your community improve your lifespan? Can you rely on…

  • How to navigate relationships as your finances change (8 comments)
    This article is by staff writer Lisa Aberle.

    Have you ever lost a close friend because your financial situations were too different? Maybe your friendship started when you were on similar financial ground, bonding over bowls of ramen noodles, for instance. But once out of college, your first job paid a lot more than theirs did; or perhaps, the shoe was on the other foot — you’re still flipping burgers and your friend is…

  • The best (and worst) money advice Dad ever gave you (18 comments)

    This article is by Les Masterson. Fathers are great at offering advice – in matters of life, love, and, of course, money.  And while we’ve all resorted to clichés at times, the wisdom fathers impart often stays with their children, who in turn pass that guidance on to the next generation. So in honor of Father’s Day, we wanted to ask readers: What did your father teach you about money? What was his best –…

  • Life after debt – experimenting with financial balance (18 comments)

    This article is from returning staff writer Tim Sullivan. I first became part of the Get Rich Slowly community six years ago. I lived in Austin, Texas, at the time and had to travel a lot between jobs. I say that I drove a scooter to save money on gas; but really, it was because I couldn’t afford a reliable car. The fact it cost me less than $2 to fill up my tank for…

  • How are you preparing financially for June celebrations? (3 comments)
    This article is by staff writer Honey Smith.

    My Facebook feed is full of good news these days. This is wonderful news for my friends and family, of course. It’s not necessarily good news for my wallet. “Christmas in July” and of course the actual holiday season aside, it seems to me that June is one of the most festive times of year. Think about it — you’ve got: Engagements Bridal showers Bachelor/bachelorette parties…

  • 10 innovative tools under $100 for Father’s Day (5 comments)

    This article is from returning staff writer Tim Sullivan. I haven’t spent a Father’s Day with my dad for over a decade. Don’t get me wrong, my father is awesome. If I could jet-set at will, I’d be flying non-stop to make him Bloody Marys every third Sunday in June. This year is different, though. A break in my schedule and a new nephew in the family means I am back in my hometown for…

  • Unexpected funeral costs – 3 financial lessons that could protect your heirs (10 comments)

    This is a guest post by Lynnette Khalfani-Cox. In a little less than 18 months, I lost three treasured family members. First, my husband’s 94-year-old grandmother, Nana, passed away in late 2013 and was laid to rest just before Thanksgiving. At the end of December 2014, my sister Deborah died suddenly and completely unexpectedly. Debby was a 49-year-old healthy, vibrant person, the mother of an 11-year-old daughter, and the most caring individual I’ve ever known….

  • How to develop your child’s full potential (8 comments)
    This article is by staff writer Lisa Aberle.

    Have you ever had the nagging sense that you were just floating through life? Stuck in a dead-end job, perhaps? Wasting your abilities, but unsure what to do about it? Almost everyone I know has felt that way at least once. But let me ask you another question: Has that dissatisfaction caused you to spend too much money, as sort of a band-aid on a stagnant…

  • 5 ways to reduce the pain of the inevitable (38 comments)
    This article is by staff writer William Cowie.

    Jake and Kelly (not their real names) were very dear friends of ours. Well, Kelly is still, but her husband just recently passed away. Because he was healthy and active, it came as a complete shock to us all — especially to Kelly. A familiar division of labor had developed in their 40 years of marriage. Jake was the one who took care of everything. He…

  • Ask the Readers: How are you leveraging personal relationships? (8 comments)
    This article is by staff writer Honey Smith.

    I recently started a new job; and while I didn’t know anyone at the company prior to applying, that doesn’t mean that everything was one giant coincidence. A few years ago, one of my grad school friends mentioned that he was doing freelance SEO (search engine optimization) work for attorneys. Curious, I asked him to teach me. His response was to conference me in on a…

  • Financial stress: Strategies for the sandwich generation (16 comments)
    My husband and I are millennials who expect to be part of the sandwich generation soon. The term “sandwich generation” refers to those who support both an aging parent and a child. As I read the responses to the Ask the Readers article, Are you planning to care for an aging parent, it looks like we have plenty of company, and statistics from the Pew Research Center seem to substantiate that. (http://www.pewsocialtrends.org/2013/01/30/the-sandwich-generation/):

    “Nearly…

  • How to deal with expensive friends (37 comments)
    No matter what I do to prevent it, spring budget creep always seems to take hold this time of year. Sometimes it seems as if the dollars start flying out the door the second the temperature starts to rise. And although I budget for all of our known expenses, the extra expenditures still add up — and hurt.

    Part of our creep is a product of spring clean-up — mulch, new plants and flowers,…

  • Ask the Readers: Are you planning to care for an aging parent? (36 comments)
    This article is by editor Linda Vergon.

    A few weeks ago, I got an unexpected invitation to lunch from my husband. His afternoon meetings had been rescheduled and he was coming home early. We went to a little Subway store in a shopping center near my office. The patio area in back has a beautiful view of the picturesque homes on the large canal by the bay, and it’s perfect to just talk and…

  • How to build community relationships (9 comments)
    This article is by staff writer Lisa Aberle.

    We spend a lot of time talking about green here on Get Rich Slowly. But let’s direct our attention for a couple minutes to another color: blue. I first read about the Blue Zones in a magazine a few years ago. These blue zones were identified after researching some of the longest living people on the planet. Although nine characteristics were associated with these blue zones,…

  • Ask the Readers: Was your most memorable Valentine’s Day expensive? (21 comments)
    This article is by staff writer Honey Smith.

    Love is in the air at this time of year, and the Internet is full of tips and tricks for how to celebrate Valentine’s Day on every end of the spending spectrum. All price points are represented, from customized jewelry to those with something a little more affordable in mind for Valentine’s Day. In past years, we’ve asked people to share their Valentine’s Day plans, but this…

  • Wedding savings accounts: How I saved for my wedding (44 comments)
    This article is by contributor Holly Johnson.

    When my husband proposed to me on July 10th, 2005, I was ecstatic. In fact, I’m pretty sure I screeched “Yeeeeeeeeessssssssssssssssssssssssss” before he could even pull the ring out of his pocket. Our plan was to move into the little apartment above his work — it was part of his compensation package — then get married the following summer. Unfortunately (fortunately?), a few of the older ladies…

  • Beyond Valentine’s Day: Money and relationships (16 comments)
    This article is by staff writer Honey Smith.

    Spoiler alert: Stress ahead! More than three in four women think about money more than sex, and more than one in four Americans in relationships feel money-related stress affects their desire for sex according to a survey conducted online within the United States by Harris Poll on behalf of Yodlee from December 6 to December 10, 2013. The 2,039 U.S. respondents were adults ages 18 and…

  • How to raise a frugal child (39 comments)
    This article is by staff writer Lisa Aberle.

    Sometimes you find clues of your kids’ financial education progress in the strangest places. “Dear Santa” – began my seven-year-old daughter’s letter, published in our local newspaper – “May I have more money? I will save it to buy a house or car.” (I know. I still can’t believe she wrote it, either.) “I want for my brother a horse that is real…” and “For my baby brother; he…

  • Ask the Readers: What are your best tips for interview success? (30 comments)
    This article is by editor Linda Vergon.

    I have watched a number of people go through the interview process over the years. For some, it’s nerve-racking. Often, the process is mysterious: How do you know what the interviewer is looking for in a candidate? Do they want someone to fit seamlessly into their culture or do they value skill, experience, or reputation above all else? A few of my friends welcome the experience. Even…

  • How to turn down a job offer (or resign) gracefully (18 comments)
    This article is by staff writer Honey Smith.

    So, you’ve done it. You’ve considered all the costs of a new job, networked your heart out, and considered all aspects of your job offer. Now you are facing one of two outcomes: Pull the trigger! Take the new job. Not good enough! For whatever reason, you’ve decided to decline the offer. Either way, someone is going to be on the receiving end of some bad news….

  • The importance of financial balance — a conversation with my mom about money (46 comments)
    This article is by staff writer Kristin Wong.

    It seems like an odd goal for a kid; but when I was little, I wanted to be financially secure. Of course, I didn’t put it that way. Instead, I declared, “When I grow up, I want to be rich.” Incidentally, so did my parents. I remember rolling quarters with them, while they explained to me the importance of saving. At a young age, I realized I’d…

  • What else to consider when accepting a job offer (22 comments)
    This article is by staff writer Honey Smith.

    Let’s say that you and your prospective employer come to a satisfactory arrangement and you accept a new position. Surely you can loosen the purse strings a bit and relax now, right? Well, maybe. Sometimes promises and expectations don’t align with reality. While this can sometimes occur because a company is deceptive, other times this happens because everyone — both employer and potential employee — are…

  • Christmas gifts that keep on giving (44 comments)
    This is a guest post from former GRS staff writer Donna Freedman.

    Anyone who has lived on the margin has likely felt the anxiety that comes with having just about enough to get by. That’s why I’d like to suggest a holiday present that can make a short- or long-term difference in someone’s life — the gift of breathing room. Got a barely-afloat friend or family member or one who is inching toward the red…

  • The pros of experiencing the cons of poverty (40 comments)
    This article is by staff writer Lisa Aberle.

    At the beginning of October, I slipped five crisp Benjamins into my purse. I don’t usually carry any cash at all, so I was feeling flush with $500 in my pocket. It was all part of a simple experiment: Could I save on my grocery budget if I only paid in cash? While I will share more in the future about what I specifically learned about groceries…

  • How to be generous with money (66 comments)

    How to be generous with money when you don’t have a ton — that’s a major question. Here’s how one Get Rich Slowly contributor, Lisa Aberle, discovered some essential truths about money, friendship and giving. An ice storm was coming. The last time we’d had an ice storm we were childless and lost power for five days. The romance of sleeping in front of the fireplace quickly cooled off along with the temperature in the house….

  • Ask the readers: Should we get married sooner to lower our taxes? (61 comments)

    This article is by editor Linda Vergon. Landen and his fiancé are planning to get married in the fall of 2015 and they’re starting to think about how to blend their financial lives together as they tie the knot. There are always a lot of decisions to make when you get married: Will you keep your finances separate or merge them together? Will you add each other onto your existing bank accounts or close them…

  • Fire: Oh, that will never happen to me (45 comments)

    This article is by staff writer William Cowie. Laughter and hooting filled the house as my wife had Karen and a few other friends over for a mid-morning tea. (Such are the joys of retired life.) The chirping of a cell phone rose from the pile of purses on the sofa. Nobody paid it any attention — whoever it is can leave a message was the general sentiment. Sure enough, the chirping stopped. But then…

  • Networking strategies can help you overcome the fear of trying to advance your career (15 comments)

    This post is by staff writer Honey Smith. I’ve written about the power of personal networks before. Unfortunately, lots of people find networking intimidating for a variety of reasons. Certainly, I used to! For me, breaking networking down into a system that I can follow helps me overcome nervousness and network effectively. Here are the two main networking strategies that I use. Networking via “keeping it warm” What it is: Keeping it warm is a pretty…

  • Hiccups on the way to combining finances (32 comments)

    This is a guest post from Kathleen O’Malley, who writes about finding joy in a simple, frugal life at Frugal Portland. It happened fast. We barely talked about it, but all of a sudden, about a week after we got engaged — and before we were really ready — my fiancé and I had combined our finances. I can pinpoint the impetus: Southwest Airlines was offering a promotion where if you got both the Plus…

  • Breaking taboo: Ask your friends and family for financial advice (49 comments)

    Note: This article is from J.D. Roth, who founded Get Rich Slowly in 2006. J.D. recently launched the Get Rich Slowly course, a year-long guide on how to master your money. His non-financial writing lives at More Than Money. Last weekend, Kim and I went out to breakfast. The only other table in the small restaurant was a party of four youngish women who were laughing and having a good time. They were having such…

  • Act surprised: Your wedding ring is a terrible investment (101 comments)

    This article is by staff writer Holly Johnson. Divorce. It’s an unattractive yet common end to a relatively high percentage of marriages in the U.S. In fact, as many as 50 percent of American marriages end this way, often leaving catastrophic personal and financial consequences that linger for years. The division of assets. Alimony. Child Custody Issues. Who gets the Stuff? These are all things that must be dealt with during and after a divorce, whether…

  • Taking the Chairman’s Flight and other career-limiting moves to avoid (114 comments)

    This article is by staff writer Sam. Sam spent 13 years working in Equities on Wall Street and discusses financial independence strategies on Financial Samurai. Sam is also the founder of the Yakezie Network, the largest personal finance blog network on the web. Working on Wall Street was tough. I felt like I was constantly being hazed by anybody senior to me. “Sam, go get me some coffee.” “Sam, I ordered a double macchiato with…

  • Deals on wheels: Should you buy your child a car? (98 comments)

    This article is by staff writer Lisa Aberle. As far as I know, only one reader of Get Rich Slowly knows me personally. And last week, I was having lunch with my one-person fan club. (Actually, I am not sure she’s even a fan, but she did buy my lunch. Thanks, Lisa!) “You really stirred up some controversy with one of your recent posts,” Lisa said, a forkful of salad in hand. “You must mean…

  • ‘When She Makes More’: 10 rules for breadwinning women (144 comments)

    Note: This article is from J.D. Roth, who founded Get Rich Slowly in 2006. J.D.’s recently launched the Get Rich Slowly course, a year-long guide on how to master your money. A few years ago, my little brother moved his family to Seattle. His wife had received a promotion and an opportunity to work at her company’s flagship location. The offer was too good to refuse. There was just one problem: They moved before Tony…

  • Reader Stories: 5 money-savvy tips for recovering from a divorce (13 comments)

    This story comes from reader Julia Lawrence. Julia thoroughly enjoys writing about finances, pop culture and selling diamonds! When she isn’t hard at work writing, she spends her time wither with an absolutely adorable Mini Golden Retriever, Jake, and her [new] husband, Mr. Julia Lawrence. Follow Jules at Google+ & @DiamondLining. Some reader stories contain general advice; others are examples of how a GRS reader achieved financial success or failure. These stories feature folks with…

  • How to cure a spending hangover (37 comments)

    This post is from staff writer Holly Johnson. A few weeks ago, my husband and I took a somewhat frugal vacation to an all-inclusive resort in Playa del Carmen, Mexico. And while I was very excited to visit a new city and explore, I was equally excited about the financial details of the trip. Since we had chosen an all-inclusive resort, our entire vacation was easy to budget and plan for. A sum of $800…

  • Ask the Readers: Post-divorce — buy out wife or sell house? (73 comments)

    This reader question comes from Rick. He’s asking for the readers’ advice on this common dilemma that many divorced people face. My wife and I had a pretty good handle on our finances and were on track for meeting all of our major financial and life goals…college for the kids and retirement for us. We are both 43 and have two kids, ages 10 and 8. My wife went through a mid-life crisis last year…

  • Can you be friends with rich people? (73 comments)

    I wanted to title this post, “Can you be friends with people in decidedly different financial situations than you?” but that wasn’t very catchy. (And I know: some of you ARE rich!) But I was reading the acclaimed recent novel, “The Interestings,” with my writer’s craft book group (we discuss books based on writing analytics rather than whether characters and stories are likable). The book’s main character is just ordinary, with an ordinary job and ordinary…

  • Couples and money: Lessons from The Queen of Versailles (32 comments)

    This post is from staff writer April Dykman. I recently got sick for the first time in almost a decade, and was bed/couch-ridden for a good four days. Since I had some time on my hands, I was able to watch a few documentaries on my Netflix queue. One of those was The Queen of Versailles, a film that will make your jaw drop like an episode of Hoarders. It’s hard to believe people really live like…

  • Talk about money: The key to financial literacy? (54 comments)

    This post is from staff writer Sarah Gilbert. April’s post about financial literacy struck something in me, especially the part about the “Fallacy of Financial Literacy.” The idea here is that we are sold tools to increase our financial literacy, when in fact they only increase our knowledge of products the banks who create the tools can use to their profit and our detriment. The reason we don’t know enough to object seems to be rooted…

  • Relationship deal breakers, then and now (66 comments)

    This is a post from staff writer Robert Brokamp of The Motley Fool. Robert is a Certified Financial Planner and the adviser for The Motley Fool’s Rule Your Retirement service. I recently had breakfast with a woman I dated almost 20 years ago, soon after I graduated from college. She’s married now, with two beautiful kids and a husband who seems like one of those solid, true-blue, stay-at-home-dad kind of guys. I’m married now, too…

  • Reader Story: Dodging Financial Bullets: A Tribute to My Ex (94 comments)

    This guest post from Holly Johnson is part of the “reader stories” feature. Holly is a 32-year-old wife, mother of two, and frugal lifestyle enthusiast. She blogs about saving money, frugal habits, and whatever is on her mind at ClubThrifty.com. Want submit your own reader story? Here’s how. I could talk for hours about my ex-boyfriend and all of the terrible decisions he made, his bad habits, and his financial mistakes. Ahhh…..so where do I…

  • What Matters in Matters of Love and Finance (166 comments)

    “You need to keep your skills fresh,” said a commenter in a recent post about the finances of parenting, referring to the concept of a mother staying at home with the kids. “In case of death or divorce. I didn’t argue, but I shook my head and rolled my eyes. (I do this to avoid leaving snappy replies to people’s comments. Work with me.) I’ve long felt that combining one’s finances with a potential, or…

  • Friendships and Financial Inequality (171 comments)

    A few years ago, I started spending time with a coworker outside of work. She was cool, fun to hang out with, and we had a lot in common. Except income. She worked in a separate department and made significantly more money than I did. Hanging out with her and her friends usually involved dining at fancy restaurants, drinking at fancy bars, and talking about whether we’d go to Greece or St. Bart’s — I…

  • The Politeness Tax (158 comments)

    This article is from staff writer Kristin Wong. The other day, I ordered a small pizza for lunch. The delivery guy showed up, sweating from the summer sun, and told me my total was $10. I had a twenty-dollar bill on me. As I handed it over to the exhausted, out-of-breath pizza guy, I felt bad asking for change. So, against my better judgment, I gave him the entire twenty.  A 100 percent tip. You’re…

  • Signs of Financial Relationship Trouble? (179 comments)

    This post is by staff writer Sarah Gilbert. With my husband across the planet in Kuwait for most of the past two years, we don’t fight a lot. When we do fight, it’s about three things: what I’m doing with the kids. What things are going to be like when he comes back (for leave, or for good). And money. We started out so well? At the beginning of our relationship, I had a great…

  • Frugal or Foolish? Our Cruise-Ship Wedding (202 comments)

    For the next week (or two), we’ll be sharing “audition” pieces from folks interested in being new staff writers at Get Rich Slowly. Your job is to let us know what you think of each of these writers. Pay attention, give feedback, and after a couple of weeks we’ll ask which writers you prefer. This article is from Honey Smith, who says she’s at the beginning of her debt-reduction journey. How much should you spend…

  • Wills, Trusts and Drama: What to Expect When Settling an Estate (65 comments)

    This is a guest post by Jennifer Rose Hale, one of the candidates for a new staff writer position here at Get Rich Slowly. We all face times when we suddenly, necessarily have to become experts on a topic we’d previously given little consideration. Some, like pregnancy, accompany positive changes in our lives. Others, like dealing with funeral planning and estate issues, are entirely the opposite. Yet, there’s a pretty good chance you’ll have to…

  • How to Handle People Who Undermine Your Success (100 comments)

    This post is from staff writer April Dykman. Do you have someone in your life who is a bad influence when it comes to your financial or career goals? I’ve known a people like that. Typically this happens when you’re trying to make new, positive changes in your life. For example, when I decided to not buy a new car for awhile, one friend gave me a hard time about it, making fun of my…

  • Ask the Readers: Why Don’t People Talk About Money? (291 comments)

    On Wednesday, I visited a fifth-grade class in McMinnville, Oregon to talk with the kids about money. I had a great time, and I’ll share more about the experience on Monday. Today, though, I want to start by sharing a question I received from one of the students. “How much money do you have?” Hannah asked when I called on her. “I’m not going to answer that?” I said. “Nobody answers that,” said a boy…

  • Three Game Plans for a DIY Valentine’s Day (72 comments)

    This post is from staff writer April Dykman. I love Valentine’s Day. I know many people don’t — they think it’s a commercial holiday that makes people feel obligated to drag themselves to the pink and red grocery aisle and sort through an explosion of cellophane-wrapped chocolates, candy hearts, hideous stuffed animals, and $4 cards. Love is expensive! And all this trouble just to say, “I love you.” And, they argue, why only show your…

  • Reader Story: Why I Lied About Money (84 comments)

    This guest post from Aloysa is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS reader achieved financial success or failure. These stories feature folks from all levels of financial maturity and with all sorts of incomes. You can read more from Aloysa at My Broken Coin. For six years, I lied to my ex-husband about how much money I was making….

  • Let Go of the Spatula: Reconsidering Wedding Registries (237 comments)

    This post is from staff writer Tim Sullivan. My brother, my best friend, and my girlfriend’s sister are all getting married in the upcoming year, so I’ve heard a lot about wedding registries lately, and there seem to be many pros and cons. Personally, one of my least favorite things in life is going to Crate and Barrel, walking around with my scanner gun, and seeing that the only things that fit into my price…

  • A Place of My Own (577 comments)

    Two months ago today, I asked my wife for a divorce. I won’t be writing about the personal aspects of the divorce at Get Rich Slowly. In fact, other than some brief background at my personal site, I don’t intend to write it about it on the web at all. Kris and I are both emotional wrecks right now; the wounds are fresh and raw for both of us. Note: Kris and I are working…

  • How to Fend Off Financial Trolls (34 comments)

    Note: It’s a rare thing, but it happens once or twice a year: Life has reared its ugly head, and there’s no fresh story for you this morning. Instead, enjoy this classic from the Get Rich Slowly archives. Money is more about mind than it is about math — that’s one of the fundamental precepts of this site. If you improve your self-esteem, if you improve your mental attitude, if you improve your knowledge, you…

  • Reader Story: Recovering from Divorce (70 comments)

    This guest post from Gina is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS reader achieved financial success — or failure. These stories feature folks from all levels of financial maturity and with all sorts of incomes. Back in 2007, I found myself experiencing an unexpected divorce. After the smoke, I realized where I was financially and panicked. However, my inner…

  • Protecting Yourself Against Sexually-Transmitted Debt (54 comments)

    This is a guest post from Claire Brown. Previously at GRS, Claire shared a reader story about how she learned about frugality from de-cluttering. As we hit the season of Christmas parties and New Year bashes, many GRS readers are probably thinking about 2012 financial resolutions, budget gifts and how to whip up a frugal feast for 25th of December. Some of you may also be fearing that annual call from a family member in…

  • Reader Story: How Debt Put My Dreams on Hold (85 comments)

    This guest post from Jason Jacobs is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS reader achieved financial success — or failure. Jason wants to be financially free so he and his wife can be missionaries with no strings attached. You can read about his journey to becoming fat free at FindingMyFitness.com. When we’re young and stupid, we don’t think about…

  • Reader Story: The High Cost of Kids’ Sports (92 comments)

    This guest post from Kay Lynn Akers is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS reader achieved financial success — or failure. Kay Lynn writes about money and life at Bucksome Boomer. More and more children are participating on travel or elite sport teams. Having your child invited to join a travel sports team is an honor but there are…

  • Old Friends: Scenes from a Class Reunion (52 comments)

    I am getting old, my friends. I am getting old. It’s no longer just a feeling, either. More and more, there are objective real-world reminders that I’m not the young man I once was. Kris and I spent last weekend, for instance, hanging out with other old folks at our 20-year college reunion. We had a blast, of course. Though we don’t see most of our old friends as often as we’d like, when we…

  • How Much Do We Owe Others? (And When Should We Walk Away?) (241 comments)

    This post is from GRS staff writer Donna Freedman. Donna writes a personal finance column for MSN Money, and writes about frugality and intentional living at Surviving And Thriving. Last January I loaned money to a friend who was in financial crisis: Her vehicle was about to be repossessed. The transaction troubled me for a number of reasons, which I detailed at my personal website in a post called “I’m not a payday lender. But…

  • Budgeting Dilemma: How Do You Decide What You Can Afford? (101 comments)

    This is a guest post from No Debt MBA, who is trying to pay for an MBA from a top-five business school without student loans. This is a post that asks questions but offers no answers. My significant other and I had an interesting discussion the other night. We were trying to make plans for a week of vacation this summer and were deciding between two different options: A cross-country trip with plane tickets where…

  • Drama in Real Life: A Place for Mom (261 comments)

    In my ideal world, you’d now be reading an article about the freelancing or entrepreneurship or extreme couponing or one of the half dozen other topics I’ve started to write about. In my ideal world, I’d go to the gym this morning, and then to Spanish lessons this afternoon. In my ideal world, Kris and I would go see the Portland Timbers play this evening. Unfortunately, I don’t live in my ideal world. Instead, I…

  • How to Make Separate Finances Work: An Interview with J.D. and Kris (199 comments)

    Every couple has its own way of managing money. Some folks share their finances completely. Some — like my wife and me — keep their finances completely separate. Most couples fall somewhere between these two extremes. Writing for the June issue of Redbook magazine, Virginia Sole-Smith highlighted what she calls the new money rules for couples. Experts don’t agree on how couples should manage their money, Sole-Smith says. That’s because there’s no “one size fits…

  • Reader Story: I’m a Sugar Mama (and Proud of It!) (127 comments)

    This guest post from Kerry is part of the “reader stories” feature at Get Rich Slowly. Some reader stories contain general advice; others are examples of how a GRS reader achieved financial success — or failure. These stories feature folks from all levels of financial maturity and with all sorts of incomes. Hello. My name is Kerry. I’m 26, and I’m the sole provider in my household — and have been for the last three…

  • Ask the Readers: What Is My Financial Obligation to My Family? (271 comments)

    Last Friday’s question about the moral implications of spending prompted a great discussion, as well as a few personal messages. One of those e-mails was from Dave, who wrote with his own ethical dilemma. Instead of looking at the world at large, Dave wants to know how to handle a financial dilemma closer to home: with his own family. Here’s his story: I read your site though I no longer need it. I did a…

  • Financial Security for Unmarried Couples (97 comments)

    This post is from staff writer Sierra Black. Sierra writes about frugality, sustainable living, and raising children at Childwild.com. Money is one of the biggest issues couples fight about. It’s also one of the most important areas for clear communication. After all, money touches every aspect of our lives. I’ve written before about the importance of having good financial communication with your spouse. It’s doubly important to communicate well with your partner if you’re not…

  • Frugality and the Long-Distance Relationship (36 comments)

    This is a guest post from Kelly M., who writes about long-distance relationships at Long-Distance Life. Long-distance relationships can be exciting, challenging, fulfilling, and all sorts of other adjectives…but “frugal” rarely makes the list. And for good reason — the transportation costs alone in maintaining a relationship with someone in a different city, state, or country can pack a powerful punch to your pocketbook. So how do you embrace frugality as a value without devaluing…

  • Five DIY Valentine’s Day Ideas for Frugal Sweethearts (42 comments)

    This post is from staff writer April Dykman. Valentine’s Day is a commercialized holiday, but I say, “So what!” Sure, you don’t need a holiday to show appreciation for your significant other, but why miss out on the extra chance to do it? Besides, you don’t have to celebrate the way the commercials tell you to, with boxes of cream-filled chocolate, stuffed animals, jewelry, or an overpriced prix fixe menu. A cold and miserable V-Day…

  • Ask the Readers: How Do I Motivate My Boyfriend to Save Money? (104 comments)

    Although we cover the topic once or twice a year, I constantly get questions from people who are frustrated by the financial habits of their spouses and partners. Some people are Spenders, and some people are Savers. What can you do to get both partners on the same page? Linda is the most recent GRS reader with a relationship issue. She wrote to ask how to get her boyfriend motivated to save money. Here’s her…

  • How to Lend Money to Friends (Without Ruining the Relationship) (179 comments)

    This post is from staff writer April Dykman. Lending money to friends and family is a generous act — one that could easily backfire and even ruin your relationship. Most of the time when someone is considering a loan to a family member, I think, “Don’t do it.” There can be other ways to help. But when it’s someone you care about, logic only plays one role in the decision-making process. Not too long ago…

  • Caring for Aging Parents (156 comments)

    As more of my friends enter middle age, they’re talking less about how to care for their kids and more about how to care for their parents. Our mothers and fathers are nearing (and, in some cases, surpassing) seventy years of age, and not all of them are financially prepared. A GRS reader named Shauna recently wrote with a typical scenario: My husband and I are in our early thirties and finally getting our finances…

  • Money CAN Buy You Happiness! (61 comments)

    This post is from staff writer Sierra Black. Sierra writes about frugality, sustainable living, and getting her kids to eat kale at Childwild.com. In today’s article, she tackles a topic I’ve been meaning to write about, but haven’t made the time. Contrary to popular belief, money can buy you happiness — if you spend it on the right things. That’s the skinny from the New York Times Business section, which last week took a close…

  • Ask the Readers: “Help! I Co-Signed on a Loan and Now I Wish I Hadn’t!” (147 comments)

    Ah, relationships. Without other people, money management would be easy! Easy-er, anyhow. But love, family, and business relationships tend to make people do things they know they really oughtn’t. Take Patrick, for example. He fell in love, and it led him to commit a financial faux pas. Here’s Patrick’s l-o-n-g story and his questions: A couple years back, I met a girl, fell in love, and we moved in together. A few months into our…

  • Reader Story: Rich Dad, Stingy Dad (201 comments)

    This guest post from Anna is part of the “reader stories” feature here at Get Rich Slowly. Some stories contain general “how I did X” advice; others are examples of how a GRS reader achieved financial success — or failure. These stories feature folks from all levels of financial maturity and with all sorts of incomes. My experience with money is probably the opposite of many readers here. I’ve always had money. I got a…

  • Casting Stones: When Is It Okay to Judge? (239 comments)

    I’ve been stewing over something for the past few days, and I’m finally ready to write about it. I’m not a fan of judging others and their actions. Like Atticus Finch, I believe you never really know a person until you stand in their shoes and walk around in them. But I’m human. Like everyone, there are times I can’t help passing judgment. And although I know that judging others isn’t productive, sometimes I’m at…

  • Is Your Spouse Hiding Debt? Recovering from Financial Infidelity (53 comments)

    I’m on vacation in Alaska. This is a guest post from MP Dunleavey, editorial director of DailyWorth.com, a free daily personal finance email for women. I’ve been a fan of Dunleavey’s writing for a long time, and am pleased to have her swing by GRS. Infidelity is always devastating. But if your spouse or partner has been cheating on you by hiding pricey vices or illicit spending sprees, the consequences can be far worse than…

  • The Business of Marriage: Five Things You Should Do Before Tying the Knot (46 comments)

    This post is from staff writer Sierra Black. Sierra writes about frugality, sustainable living, and getting her kids to eat kale at Childwild.com. I’m at a friend’s wedding this weekend, traveling with my own husband and kids. The wedding invitation labelled the event as a “triumph of hope over experience”. It is that, and I’m honored to be invited as a witness. But it’s also a business arrangement, something I’m sure my friend (a respected…

  • How to Talk with Your Spouse About Money (74 comments)

    This is a guest post from Sierra Black, a long-time GRS reader and the author of ChildWild, a blog where she writes about frugality, sustainable living, and getting her kids to eat kale. Talking about money is one of the great taboos of our culture. I know more about my friends’ sex lives than I do about their bank statements. Many of us find it hard to discuss finances under the best circumstances. When we’re…

  • Reader Story: How I Got Married on the Cheap — And Loved It! (122 comments)

    This guest post from Lars is part of a new feature here at Get Rich Slowly. Every Sunday will include a reader story (in the new “reader stories” category). Some will be general “how I did X” stories, and others will be examples of how a GRS reader achieved financial success. I got married last month. It was a bit of a whirlwind romance — at the beginning of 2009, we’d been talking about an…

  • Giving to Receive: What Legacy Will You Leave? (46 comments)

    This is a guest post from Tyler Tervooren, a long-time GRS reader. Tyler is a practical environmentalist who writes about the overlap of money, sustainability, and personal development at Frugally Green. Have you accepted yet that you’re going to die? Have you? Honestly? We’ve been doing it for thousands of years but, for some reason, most of us won’t figure out how to deal with it until it’s too late. This is something every one…

  • Ask the Readers: How to Face a Family Financial Crisis? (91 comments)

    With the arrival of the GRS staff writers, the semi-regular “ask the readers” column has a new home. Look for this feature most weekends. “Ask the readers” is your chance to get (and give) advice about real-life financial dilemmas. An anonymous GRS reader submitted a question last week that hits close to home: I have a family member that this past year has been in serious financial trouble. He is one of the most ambitious…

  • Peer Pressure and Money: Do You Spend Differently with Friends? (85 comments)

    This is a guest post from Neal Frankle, a Certified Financial Planner and the blogger at The Wealth Pilgrim. Neal is a potential Staff Writer for Get Rich Slowly. His first post explored the benefits of starting a side business. For background on Neal’s personal story, check out his recent article about how he went from homeless to homeowner. Have you ever sat down at a restaurant, reviewed the menu, wanted to leave but stayed…

  • Why Do You Want to Be Rich? (78 comments)

    I’m not the only one who has been thinking about the relationship between money and meaning lately. This is a guest post from CJ at WiseMoneyMatters.com, who is trying to live a rich life even as he works to pay down debt. “Wealth and riches are not synonymous. Wealth will get you riches, but riches will never make you wealthy.” – Dr. Edwin Louis Cole I love this quote from Dr. Edwin Louis Cole because…

  • The Miser’s Peril: Why You Should Save for Tomorrow AND Enjoy Today (55 comments)

    I recently dropped in to speak with my accountant (who is also a good friend). We chatted about my finances, and we spent a little time discussing Get Rich Slowly. Somehow the conversation turned to frugality, and he told me a little story about one of his clients. A true story Like many of us, Mr. and Mrs. Smith were careful with their money. Mr. Smith handled the family finances — the income, the investing,…

  • Ask the Readers: Debt Consolidation or Consumer Credit Counseling? (79 comments)

    One of my favorite parts of Get Rich Slowly is the weekly “Ask the Readers” section. It’s fantastic to see how well this community pulls together to help each other find solutions to financial dilemmas. Most of the questions come via e-mail, but last week I met a man named Aaron who reads the site. He told me that he could use some reader advice for his situation. Here’s Aaron’s story: My girlfriend has managed…

  • Finding Balance Between Time and Money (102 comments)

    Lately my personal focus has been on finding balance in my life. I’m trying to discover the proper place for money — and for time. Over the past few years, I’ve allowed money to become too important. I’ve worked too much, and that has hurt other aspects of my life. I don’t have time for anything else. As part of this process, I’ve been reading the new edition of Your Money or Your Life, the…

  • Recession Romance: Make a Delicious Valentine’s Day Dinner at Home (59 comments)

    With Valentine’s Day approaching, I polled my Twitter followers for their favorite frugal and romantic date ideas. Some of the great responses included: From @Finc_Confluence: “A photo scavenger hunt worked well for us recently. Inexpensive, memorable, and a great conversation piece!” From @MrsMicah: “Borrow an old movie from the library, enjoy with blankets and maybe hot chocolate. We had fun with The Awful Truth recently.” From @JoyfulAbode: “Go for a walk and hold hands (very…

  • The Razor’s Edge: Lessons in True Wealth (161 comments)

    Our friends have a profound effect on our personal finance habits. Some friends can lead us to spending and to debt. Others offer insight into the virtues of thrift. For me, my friend Sparky has been the latter. Through his example, I learned that frugality can help me achieve my goals. “Develop a plan that is so amazing, so glowing, that you are willing to walk blurry-eyed to work every day to make the money…

  • Setting and Achieving Family Financial Goals (38 comments)

    When I finally paid off my consumer debt last fall, I set a new goal: build an emergency fund to cover several months of my expenses. Never before had I managed to accumulate more than $1000 in savings. In fact, I’d spent most of my life living paycheck-to-paycheck, constantly flirting with overdraft fees. For the past ten months, I’ve made saving my priority. Instead of using my positive cash flow to buy toys, I funneled…

  • A Practical Wedding (39 comments)

    Speaking of weddings, Kate F. wrote the other day to share a tip: I am just starting the wedding planning process and have been really disheartened by the wedding industry and the realization that what to me is a lot to spend ($5000) is literally laughable by most involved in the industry.  I finally came across a blog that I feel fits with my vision of a simple, debt-free wedding: A Practical Wedding. I’ve never…

  • 7 Tips for Money and Marriage (34 comments)

    My wife and I never fight about money. I used to claim this was because we keep separate finances, but now I know it’s because we share similar financial goals and dreams. Even during those years I was deep in debt, I never did anything that might jeopardize our financial future. Our shared vision has helped us to maintain a successful marriage. We’re not alone, however. Writing in last Wednesday’s New York Times, Tara Siegel…

  • Ask the Readers: How Can I Get My Wife to Talk About Money? (91 comments)

    Money management can be difficult, even when you’re on your own. Throw a life partner into the mix and things get more complicated. What can you do if you and your spouse just aren’t on the same financial page? Hal recently wrote with a question: I got married about a year ago to a wonderful girl who is up to her ears in debt, including medical bills and student loans (including federal loans) which have…

  • Financial Advice from My Father (When I Was Nineteen) (44 comments)

    Today is Father’s Day in many countries, including the United States. While sorting some old letters and photos recently, I stumbled across a letter my dad wrote to me during my sophomore year of college. This is my father’s financial advice to me when I was nineteen years old. I haven’t attempted to edit — any misspellings are his. J.D.’s Points to Ponder Warning — Make sure you read them all. There may be some…

  • Ask the Readers: “I’m Doing Well Financially But My Family Is Not” (147 comments)

    Personal finance would be easy if it were only about the numbers. But it’s not. Money management not only requires that we master our own whims and emotions, but that we navigate the sometimes rocky waters of our personal relationships. Rachel wrote looking for help with a stormy situation. What happens when you gain control of your finances but the people around you continue to struggle? Here’s her story: I’m having issues because I’m doing…

  • Wedding Registries: A Love-Hate Relationship (150 comments)

    This is a guest post from Betsy Teutsch, who writes about socially responsible investing, savvy consuming, and sustainable living at Money Changes Things. The practical side of me loves wedding registries, and the values-driven side of me has grown to loathe them as brides and grooms seem ever bossier. Registries are nothing new, of course. We registered for gifts in 1973, and as a result received two lovely sets of china and ten place-settings of…

  • Ask the Readers: What Can I Do If My Girlfriend Isn’t Serious About Money? (90 comments)

    In the Get Rich Slowly forums, DannyBoy has a question that I think many people face: “What can I do if my girlfriend isn’t serious about money?” He writes: I’m the sort of person who essentially looks into every area of his life to save, start investing, and be smart about money as much as possible. Do you think that somebody like myself, who cares so much about where his money goes, can be happy…

  • Friends and Money: Coping with Social Spending Situations (37 comments)

    My friend Tim is in a rough spot. He recently got divorced, moved across the country, and started a new job. He’s making less than he used to, but his expenses haven’t declined much. I don’t think he’s gone into debt, but he’s walking a fine line. One problem is that he doesn’t have as much disposable income as most of his friends do. Because they have more money, they want to do more things,…

  • My Frugal Valentine: Cheap Ways to Say “I Love You” (33 comments)

    I don’t like Valentine’s Day — it fosters the notion that romance is something for special occasions. Worse, it’s yet another commercial holiday filled with cards, chocolates, flowers, and gifts. I reject the idea that romance is only for special occasions, and I reject the idea that buying stuff somehow demonstrates affection. I believe it’s important for couples to find ways to express their love year-round. If you do choose to celebrate Valentine’s Day, don’t…

  • How to stop fighting with your spouse about money (59 comments)

    This is a guest post from GLBL, who writes about personal finance at Gather Little by Little. Many sources cite money as the number one cause of marital strife. Some of you probably know this from first-hand experience. I can relate, too. My wife and I are very close, but money has always been a touchy subject, and unfortunately has led to a more than a few “disagreements”. Last year, we decided to get control…

  • It’s a Wonderful Life and the Value of Social Capital (38 comments)

    Yesterday I made a sales call to a local business, a nursery owned by one of my former high school classmates. Keith and I didn’t move in the same circles and were never friends, but I always appreciated his good nature and quick wit. In just twenty minutes yesterday morning, I got to know him better than I had the entire time we were kids. Like my father, Keith’s dad ran his own business. Both…