The Carnival of Personal Finance for the week is up at Funny-about-Money. A few favorites related to behavior and money:
Financial lessons learned from my younger self at Monogamoney.
Why I never budget (though he does in a way) at Bret Frolich.com
Biggest financial lesson learned from the bear market at personalfinancestartup.com.
Check 'em out!
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3 comments:
Thought you might enjoy hearing about the "coin jar" your grandmother had, beginning in the 50's. When we got our first TV, she began saving loose change in a cup that she kept on the back of the TV. Since TV was a new commodity and not perfected, many a time we had to call a service repairman to fix or adjust it, which could be quite costly. Since our family was not poor, but lower income, this could be a problem. And we didn't want to miss out on this entertainment. So her solution was to let the coins build up to cover any repair expense. She kept this "coin jar" I think until the day she died, even after it was no longer needed.
Mom-Mom, on the other hand, had a "coin drawer", so to speak. Pop-Pop was a breadman for many years and when he came home from work he would put all his change on their bureau. Mom-Mom would then "shovel" a little bit each day into the top drawer. I don't know what she did with the money but it was quite a haul after a while. She advised me to do this too.
Hope you enjoyed hearing these. BAci was quite a saver all her life. Remind me to tell you how much she left when she died even though she lived on a small Social Security check for the 15 years after Dziadzi died. She would be proud of you.
Love ya
CJ,
Thanks for the link and the comment on my blog.
I wandered around The Coin Jar and you provide quite a public service here. Good financial advice is of benefit to everyone.
Keep it up.
Bret
Everybody needs some help with something financial
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