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Tag Archives: financial tips

Financial Lessons from Clark W. Griswold

Since it’s Christmas Eve, I hope you are enjoying your time rather than last minute shopping. One of our favorite things to do during the holiday season is to watch ¬†Christmas movies. At the top of the list is Christmas Vacation, one of my all time favorites. If you grew up in an Amish family and haven’t seen it, this movie is a comedy starring Chevy Chase,and it is about his misadventures in trying to achieve the perfect family Christmas. I’ve probably seen it 50 times, but still laugh at all the classic scenes. Although the movie is all in good fun, for us finance geeks out there, we can learn some financial lessons from Clark W. Griswold. Don’t Overspend on Christmas Decorations One of the most memorable scenes in the movie is when Clark lights up his house for Christmas. It has inspired many terms of endearment toward those who tend to over decorate. In reality, you don’t need that many lights, and Clark runs up a huge electric bill. Switching to LED lights might also be a good option, but those weren’t available in the 80’s. Clark does make up for his electric bill by cutting his own ...

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My Best Financial Tip: Stop Being Afraid

When Grayson at Debt Roundup put out a call to all bloggers asking for our best financial tip, I thought of lots of helpful and necessary things like spending less than you make, having an emergency fund, and setting up a budget. If you spend more than five minutes reading financial posts, you will see these basic steps repeated over and over. Unless you were born into royalty, you can’t have financial independence without them. If these steps are so easy to find, why doesn’t everyone practice them? I honestly can’t answer for the masses, but for my own situation, I would say that fear was the biggest thing that held me back for so long. To live the life you aspire to, you have to stop being afraid. What Are We Afraid Of? If you find yourself in debt, reason would say that you need to stop spending money. Sometimes it isn’t that simple.¬†Are you afraid of what people will think? How often do we feel the need to buy something new to keep up with the expected norm? Society wants us to spend money. That’s great if you have it, but if a purchase has to go on ...

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