My husband spends too much money… or is it just me?

I’m 28 and my husband’s 35. We met a year ago. Six months later we moved in together, I got pregnant and we got married. Everything is great… except that I get angry each time my husband spends money.

For example, we’re at the store and he buys potato chips. He doesn’t need them. He’s not buying them because he’s hungry. He just “wants some.” Or he takes the car to work even though he has a buss pass. He doesn’t need to take the car. He just “doesn’t feel like taking the bus today.”

Now I don’t mind it when he spends money on buying a good jacket instead of a cheap Chinese-made model. And I didn’t mind it when we recently bought a pricy range hood for the kitchen – it was actually me who insisted on not getting the cheapest one.

So I don’t have a problem with him spending money on stuff that lasts. But I do have a problem with him wasting money on everyday perishables like snacks and drinks. (I can’t even call it “food” because, well, that’s not food.) And if we want to afford the quality items in clothes and appliances, we have to cut the spending on everyday junk. We shouldn’t take the car and spend money on gas when we have a buss pass. And we shouldn’t use a lot of water when we shower.

And by “we” of course I mean you, honey.

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Top 3 biggest financial mistakes to avoid (I made them all)

silly meI never cheated in school.

My parents raised me to be a straight-A student. Not only was it important to have good grades, but also to have those good grades backed up by actual knowledge. Cheating was dishonest, wrong, and probably was one of the seven mortal sins.

Fast-forward to when I’m 25 and Farmville is on everybody’s Facebook. My 10-year old cousin shows me his farm, and it looks straight out of PIMP MY FARM. It’s huge and it’s seriously pimped. He has just about every crop and animal in the game (except maybe a unicorn)… wow! My cousin is a genius.

So I pat Einstein Junior on the shoulder. He grins, then logs out of his account to check… his other accounts? How many of these does he… TWELVE?! And He uses them to… pimp his main account?! Oh God my cousin is a sinner!

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Rags to riches real story: The most inspiring and true to life story

This post originally appeared on as a guest post by Mary Newcome, under the title “Free At Last.” I found it so inspiring and true to life that I just HAD to share it with you guys.

Hell, I might just frame it and put it on the wall.

Image source:
Image source:
I remember what it was like to live in my first apartment at age 17. […]

At first I was in heaven; freedom at last from my moody, mostly distant father and his girlfriend 24 years his junior. Let’s just say a college fund was never in my future, much less financial support. If I was going to get there, anywhere, I had to get there myself.

It was not long before this new-found freedom wore off, replaced by loneliness, boredom, and the financial stress of barely getting by. […]

I did not own a car when I lived in my apartment. I had wrecked it earlier by rear-ending someone stopped in front of me (we did not even have text back then – doy). Although the car was paid for, the financial burden of that one stung since I had emptied out my savings account to buy it. I also now had to walk to and from work, five miles both ways (yes, in the snow and rain). At the time, I did not see how much money I was saving by not having the car. I just knew that was a heck of a long walk. I had no cable TV, no phone, and certainly no internet or computer.

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My short thoughts on business and passion

Okay, remember I’m a big House fan? I am. To the point where it might get a little… creepy.

I’ve watched so many episodes that I actually notice weird little details. Somewhere along Season 5, I had paused my GOM player to get some grapes to snack on. As I came back to the frozen frame, I had a lightbulb moment.

“Hey, look at all the stuff in that frame! There’s a cane, a desk, a computer, and Cameron’s making a regular unisex scrub look sexy!,” I thought while shamelessly stuffing my mouth with grapes. “Somebody made all that stuff. There’s a business behind each of those items!”

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The rich buy assets, the poor buy liabilities

The phrase “The rich buy assets, the poor buy liabilities” became famous with the book Rich Dad Poor Dad as it was one of the lessons Rich Dad allegedly taught to author Robert Kiyosaki. The book is a worldwide bestseller, but it’s been criticized on many of the points it advocates.

picture money can't buy happinessI’ve been thinking about that phrase – Rich buy assets, poor buy liabilites – I’ve been thinking about it quite a lot. Especially since our newlywed money and finance is not in a great shape. Is the secret key to getting rich that simple – just buy assets instead of liabilities?

It makes perfect sense to put your money into stuff that pays you back – like a rental property or a stock portfolio; investing is all about putting money into stuff that will help you make more money later. But us humans are so gullible! We have a hard time saying “no” to that seductive, shiny, brand new flat screen that is way cooler than the flat screen Peter bought last month (and made rounds at the office bragging to everyone about it). So we buy it and do a little Tarzan-style victory dance in front of Peter’s desk. Take that, Peter!

According to Kiyosaki, the rich invest their money by buying things called “assets” – things that put money in your pocket like rental properties or stock portfolios. The poorspend their money on things called “liabilities” – things that are basically money-pits and never put money in your pocket. Like that flat screen we were eager to rub in Peter’s face.

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