“Carrying debt is as appealing as being covered with leeches, and has much the same effect.” – JL Collins
Gooooooood morning, my fiscally sexy friends! What it do? Where your money partying these days? Have you drank as much coffee as I have this morning?? :)
Another week down in our lives (scary!), but another week we’re all hopefully getting closer to financial freedom. The ultimate goal. And the reason I reckon you’re reading this right now, am I right? Or did you stop by to flaunt your millions with us today? (You bastard)
Anywho – here’s what’s gone down this week in money, life, and blogging. Along with some new financial services I came across that y’all seem to be enjoying (or is this getting old now?). Would love to hear how your week went afterwards!
This Week in Life and Money…
- Baby Nickel turned 1! That was fast!!!! That’s a pic of our little nugget from birth to now… It’s amazing how much kids grow in a year compared to us old ass adults… And how much we all wish the time would REVERSE in years ;)
- We saved another $3.38 through Digit (hah!). Total now saved on the side: $768.13
- We invested another $6.29 via Acorns (Double hah!). Total now invested on the side: $177.74
- Found a birthday card with $30.00 in it! I had been given it by a friend while meeting up at a bar, and just figured I misplaced it somewhere like a turd. Then I find it in between our car console – woo! I totally need that drop stop thingie from Shark tank.
- $0.01 – The amount of interest my checking account paid this month :)
- $36,352.85 – The amount my investments have grown since switching to Vanguard – exactly a year ago, today! Talk about the power of investing/indexing… And I didn’t even lift a finger. (TIP: Start saving/investing NOW! It all adds up and compounds like a mother…)
- $300’ish – The amount spent to attend a wedding this weekend (hotel + gas + food + $100 cash gift). Totally worth it, and I’d do it again in a heart beat (first night away together in 3 years since having kids!) but still a chunk of the wallet. Forgot how much freedom we once had before kids – if only we appreciated it then! :)
This Week In Blogging News…
#1) You’re looking at Republic Wireless’ first blogger spokesperson :) It’s no secret I’ve been a fan of theirs since switching from Verizon last year and saving over $100/mo (it kick-started our Challenge Everything series!) so it was a natural fit to partner up and help them spread the love even further. That link up there will take you to the review I did on them last year, and then here’s a podcast we just did if you want to learn more about my history with money or RW or life in general. I think that’s where that quote up top came from that they shot across their member newsletter, haha… Sounds cheezy, but it’s SO TRUE. Challenging everything is literally changing my life, as well as my wealth.
(PS: To the bloggers reading this, these are the best types of partnerships to have and go after. It took me years to realize you could even work directly with your favorite companies like that, but you totally can and should give it a shot. Think about the services and products you’re addicted to yourself, and then reach out and see if you can make magic happen! You’re already naturally talking about them!)
#2) Fellow blogger, Jackie Beck, now has an app for those who hate debt: The “Pay Off Debt” App. Or maybe I’m just now catching on as it as over 1,000 4-star ratings already – wow! Way to go Jackie! Here’s what one of her customers said about it (it costs $4.99 FYI):
“Unique way of knowing exactly what you owe and how much is left to pay. No other app does this as smooth and perfect as this one. Lots of different features and customer service is great!” – J_019
And here are some screenshots to give you a better idea:
Blogging Time Machine…
I thought it would be cool to see what we were blogging about here on this same day over the past 7 years :) Which was sparked by realizing I had made the switch to Vanguard on this same day last year (which we’ll leave out here since I already linked to above).
See if my writing has gotten any better over the years too!
- My New Spare Change Record: $901.54!
- “I Got Money That Doesn’t Belong to Me, BUT…”
- Your Mission This Week: Wear All of The Clothes You Still Haven’t Worn Yet. (Or Sell Them)
- When do you shop? When you’re bored? Happy? Sad? Pissed off? Excited? Because it’s a habit?
- Just call me Warren Buffett The 2nd in stock picking.
- Populate your fish tank for 55 cents – or even FREE!
Some Cool Notes Shot My Way This Week…
Our article on what our Sexagenarian friend has learned about money over her 60+ years elicited some more messages from the two decades above HER. Just more proof that if you get your money on lock earlier in life it’ll help you forever going forward! Even through crazy times!
I am one of those oh so young 70 year olds who has no debt, divorced after 36 yrs of marriage… I own my nice little house outright.. buy anything that I can’t pay for in thirty days… get a nice return from AmEx on my Costco membership – plus reduced cost gas with a 4% rebate… I love my single life… Have three great kids and three grandchildren…
I am loud and proud to be where I am in life. I am a powerful example for other women who are suddenly adrift because of kids leaving, divorce (me) or death of spouse. Fear of running out of money is real and a driving force for me to keep on going. My parents taught us well. We are careful with money and running up debt is unthinkable. But health costs loom large. I fear for the future of this country unless we change our ways.
I’m nearly 86 years old and have been a fan of Larry Burkett and Dave Ramsey for years but never knew (before I found your site) of anyone putting their whole financial data ‘out there’. Very intriguing!
My husband and I married in 1950, started from nothing but good character, good work ethic and a supporting family. Raised by parents who lived through the 1929-30s depression era, we were frugal by culture and never even knew any one who had enough money to invest! So of course, when we finally were able to save anything, we had no idea other than bank CDs. Now ‘Seeking Alpha’ is opening a whole new world to me! And I go every day to ‘Budgets are Sexy’ to see what new thing I can find on your very large site…
Keep up the good work!
– still pedaling
And then a note from someone probably MUCH younger, haha… The last line is the best:
My favorite type of entertainment is each Friday looking over all the balances in my accounts. There is no bigger thrill than a good week when everything went up and the expenses were in line or went down.
Digit account started on March 30th, hit $130.11 Today. Now have 3 Vanguard accounts up and running…
And just for a fun weekend, I will withdraw some cash, hold it count it, just feel it and then make a deposit on Monday. Something I have been doing since I was a kid. It’s just good to actually touch your money sometimes!
Some New $$$ Companies That Came Across My Desk…
Level Money — I found these guys on Twitter (@levelmoney) and they claim that you never have to worry about budgeting again using them – Sweet! Sign me up! Haha… Here’s what they do to make that happen: “Level Money automatically updates spendable cash as you make purchases each day, providing a simple, real-time picture of how you’re doing in order to stay in the black.” Not sure how this differs from a lot of the other products/apps out there, but if you still haven’t found one you like maybe they’re it. I like what their blog says there up above.
Bill Cutterz — I’ve been following/tweeting these guys for a while now (@billcutterz) but keep forgetting to share them with ya. I remember thinking of what a DAMN good business idea it was when I first saw them, and how I was a bit pissed I didn’t come up with it first, haha… Not that I even knew you could do this on the behalf of others?
In a nutshell, they try and lower all your monthly bills for you, and if they’re successful they split the difference of savings with you. If they’re not, it doesn’t cost a thing.
How do they do this? By literally calling up each place on your behalf and negotiating with them. I’m not sure what type of privacy stuff is involved, or what the % of savings or times it works is, but you can check out their FAQs and then go from there. I personally prefer to do it all myself, but then again I’m a big nerd like that. It’s probably more helpful for those who don’t have the time or are just plain too lazy :) Though they claim they know the best ways to haggle it all down, which is a plus?
Yerdle — These guys are similar to Offer Up which we featured last week. Another app that helps you buy/sell stuff cheap like Craigslist, and looks like you can upload more than 1 pic unlike Offer Up (but I kinda like that cuz it keeps it nice and simple). They also have an “Unshopping Challenge” which is pretty cool too. Though if no one is buying anything for 30 days, how would you be able to sell your stuff?? Another alternative out there anyways :)
Lastly, a Hot New Record That Just Dropped!
“Bills” by LunchMoney Lewis (If this doesn’t make you smile I give up…)
How did your money / life go down this week?
Tell us something good!
[Money doll shot by frankieleon]
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!