Unintended Consequences of a Move

This Reader Story is from GRS reader Jon, who writes for MoneySmartGuides, a personal finance blog that helps educate people on personal finance so that they can reach their financial dreams. He focuses mainly on investing and paying off debt since those are the two of the most challenging personal finance topics we face.

Some reader stories contain general advice; others are examples of how a GRS reader achieved financial success or failure. These stories feature folks with all levels of financial maturity and income. 

Many of us dream of owning our own home. When we finally save up enough for a down payment and buy our first house, the emotions can be overwhelming. If I close my eyes, I can still see myself pushing the key into the lock on the front door of my house for the first time. I went right over to my new home after signing the paperwork. I walked through the empty house, overjoyed and with my mind racing with all of the things I was going to do to make it my own. I can even still smell my house. That was five years ago. I am now in a bigger house, planning on starting a family soon.<

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More about...Psychology

Breaking bad … habits

This Reader Story comes from Brian. Brian blogs at Debt Discipline, where he writes about his family's personal experience with debt and paying off over $109k in debt. You can follow Brian on twitter @debtdiscipline. http://www.debtdiscipline.com/

Some reader stories contain general advice; others are examples of how a GRS reader achieved financial success or failure. These stories feature folks with all levels of financial maturity and income.

We didn't accumulate our debt in one night, it just felt that way. It took years of overspending to rack up over $109k in consumer debt, but in the summer of 2010 we were out of cash and had maxed out all five of our credit cards. Our debt-to-income ratio had ballooned and there was no more borrowing that could be done.

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More about...Uncategorized

Year-End Tax Tips

Right after the most wonderful time of the year comes everyone's least favorite season: tax season.

If you usually try to avoid thinking about taxes until after January 1, you may be missing out on the chance to save a little money. According to some tax experts, now is the time to take last-minute action if you want to reduce your tax bill in April.

Here are seven-year-end tax tips

1. Double-check your tax withholding and payments

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More about...Taxes

Yes, you can do yoga on a budget

This Reader Story is from GRS reader Charu. He loves staying physically active and has recently gotten addicted to yoga. You can check out his free e-book on yoga for beginners at his blog, strongyogi.com . Some reader stories contain general advice; others are examples of how a GRS reader achieved financial success or failure. These stories feature folks with all levels of financial maturity and income. 

In December 2012, I decided to restart my daily yoga.

The reasons were varied... from going red in the face when tying up my shoelaces to succumbing to the stress of university life.<

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More about...Frugality