Should you buy it? A flowchart for evaluating potential purchases
My husband and I are in the process of building a home on 4.5 acres in the Texas hill country. At the moment, we're still in the planning phase — not quite ready for blueprints.
Last month, our architect asked us to start thinking about the make and model of the kitchen appliances we want for our home. Visions of sleek, Thermador cooktops and double ovens danced in my head. Even when I saw the hefty price tag, I thought maybe we could find other ways to cut back so that we could afford the dream oven. After all, we're both avid cooks. To us, eating well is one of the best ways to enjoy life. There's no doubt we'd use it, so the purchase makes sense. Right?
Reality Check From a Minimalist
Then I happened upon an article by Mark Bittman, who writes The Minimalist column in The New York Times. In "So Your Kitchen is Tiny. So What?" he describes how he makes do with 42 square feet of kitchen space, precious little counter space, and a stove that sometimes doubles as storage for pots and pans. It is in this space that he develops most of the recipes for his cookbooks. Continue reading...
How to Earn Free Plane Tickets and Cash Back by Shopping Online
This is a guest post from April Dykman, an avid GRS reader, and a writer and editor by trade. April is a potential Staff Writer for Get Rich Slowly. In her first article, April described how she discovered freedom from mindless spending. April is an active commenter at this site.
When my husband and I went to Italy in 2006, we spent $2500 on plane tickets. We're planning to spend much less for our next hop across the pond because as of this month we have over 80,000 airline miles — just enough for two tickets to Europe.
I used to think frequent flier miles were only awarded to, you know, frequent fliers. Or people who use an American Express for big company expenses. I certainly didn't think little ol' me who gets on a plane maybe once a year would be able to rack up enough miles to matter. Continue reading...
Freedom from Mindless Spending
This is a guest post from April Dykman, an avid GRS reader, and a writer and editor by trade. April is a potential Staff Writer for Get Rich Slowly. April is an active commenter at this site.
There was a time not so very long ago that I didn't pay much attention to where my money went. I always paid more than the minimum on my credit card, but I still wasn't making significant progress in debt reduction.
For many people, it simply isn't enough to have a tactical plan to pay off debt. We know we should spend less than we earn, but as Drazen Prelec noted in the quote above, people have complex attitudes toward money. When emotion and logic are at odds, emotion usually wins. Continue reading...
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