Smart Reasons to Save, Use and Invest Money

MoneyReasons Weekly Cache 2010, April 04

Weekly Cache – 2010, April 04

Random Thoughts:

Today my son, dad, bother-in-law and I went to play golf for the first time this year.  It was great!  My son started play as he did last year, but by the end of the 9 holes, he ended up playing better than I was. 

That said, today, I shot my first birdie, which was really cool!  It was a par 5 hole, and my swings were practically perfect.  I’m a beginner, so for me it was pretty exciting!

This was a good time for me, and one of the first ways that I’ve started spending more money on myself and my son.  In the recent past, I would have skipped going to play golf with my dad and brother-in law because of the cost, but now I’ll going to go more often with my son.  Both my dad and brother-in-law are great people for my son to hang with.  I guess I’m kind of doing this for my son’s benefit mainly, but also, a smaller extend for me too.  This is one of those win-win scenarios!

My Favorite Top 3 PF Blogger Posts For The Week:

PlantingDollars.comWhere Do You Store Your Financial Records? – Wise advice for your financial records  in the technological age.

WellHeeledBlog.comGetting a New Job: Next Step of Career Confirmed – A real example of getting a job and negotiating for a better salary!  Kudos to WellHeeledBlog!!!

MyJourneytoMillions –  Using Dividend Stocks to Get Free Coffee (a guest post by Ending The Rat Race) – A technique that is currently of great interest to me!  I’ve currently own a few dividend yielding stocks in my primary brokerage account, and I’m running a lunch experiment where I’m basically doing the same thing that “The Rat” is doing.  Except with dividends providing lunch instead of Coffee (Too much coffee isn’t all that good for you!).

My Favorite Post from Money Reasons This Week:

Spending More Money For a Better Life, Part 1 of 2 – this is basically my declaration that I’m going to introduce a little bit of lifestyle creep in my life, but in a controlled, positive manner.

Closing Thoughts:

Your Financial Life is about balance.  Something not much talked about is the scale itself.  Some scales are small, while some scales are very large.  Warren Buffett’s scale is monstrously big, while mine is average. 

This week, I had a serious eye opener when I realized that that my financial scale is out of balanced, but in a way that’s not typical.  I realized that my imbalance was because I wasn’t spending enough!  After all, life is short and if you have control over your debt, you should reap the rewards of being frugal and financially savvy.  I’m going to continue this thought in Part 2 on my 2 part series called: Spending More Money For a Better Life.

Have a great festive weekend!

-MR

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