(See
update at the end.)
Between bi-monthly recaps of
the Daily Show, daily readings of the
most popular articles in the NY Times, and keeping up with random blog updates on a week-to-week basis, I've actually managed to be relatively productive these past few days, and not just at my desk (although, it is nice and I did assemble it all by myself).
My $24.99 desk from Wal-MartIt's not just my time that I've learned to budget more carefully, though - I've begun to find better ways to budget my money, too. And I feel the least I can do is pass the insight onto everyone else.
It all started a few weeks ago, when I started reading up on all the
Money-Saving Tips that U.S. World & News Report compiled months, if not years, ago. Now that I have more expenses, less disposable income, and more reasons to save, I figured it wouldn't hurt to do some financial research.
Then came a brilliant encounter with
P&G eSaver, an amazingly sustainable way to download coupons onto your grocery store card. I've always pictured coupon-clippers as frugal, stay-at-home supermoms or retired elderly couples who spend their days gardening and playing bridge, but now I've found a way to maintain my street cred and save a few bucks every time I go shopping, simply by the click of my mouse.
P&G eSaver (a.k.a., my new favorite financial find)Tonight, though, was the icing on the money cake. I ended up reading an old article in the NY Times - partly by happenstance and partly by my conscious decision to read articles in the "Your Money" column - "
Financial Advice for Recent Graduates". What caught my attention was not so much the words of wisdom that the advice-givers spewed in response to the specific questions about financial planning, but the fact that one of the advisors, 26-year-old Ramit Sethi, had a blog called
I Will Teach You To Be Rich. I mean, what kind of person would
not want to read a blog with that kind of name?
Apparently, his blog gets about 250,000 unique readers a month, so there's a pretty good possibility that I'm one of the last twenty-somethings in America to find out about it - but that doesn't mean I'm any less excited to stock up on
all the financial tips that the site has to offer (even if I am about a year or so late). It's definitely earned a permanent spot on my Blogger Reading List.
Best quote of the NY Times article? Ramit Sethi's one-liner:
Rich people plan for things before they need them, while others are caught treading water when something bad happens. Not sure if that's exactly true, given that I know a lot of rich people who don't know the first thing about financial planning (or life-planning, in general) - but it got me thinking that maybe, those who plan properly simply have a much better chance at becoming rich. Perhaps, careful planning begets financial success, and that, in turn, is the positive reinforcement that propels an individual to continue their conscientious behaviors.
Time to turn my
thermostat up three degrees and save $10 this month! (Check out the "Power fiction & facts" list by clicking on the thermostat link - who knew a gas and electric company could be simultaneously informative and witty?)
Update: To be completely honest, the two aforementioned tips in this post (using P&G eSaver once every month or so and turning my thermostat/AC up a few degrees) are actually the
only two changes I'm making to be more prudent with my money. Not that this is anything novel, but I'd like to think that small changes make big differences (kind of like with
this UK public health program I read about after seeing the Michael Moore documentary,
SiCKO). Not to mention, Malcolm Gladwell completely agrees with me, so that has to mean something. (
The Tipping Point is what enlightened me during countless rides on the métro and solo meals in cafés when I was in Paris this summer - I highly recommend reading it, if you haven't already).