Think of a permission request as a key exchange. To whom would you give a key to your house or car?
Limit How Often You Do Something Rather Than Focusing on a Budget
A large study found that people regretted spending money on restaurants, coffee and fast food more than other categories. To curb that, they tested different ways of limiting those purchases.
The takeaway: People who limited the number of times they could eat out (in this case, to two outings per week), rather than the amount of money they had to spend, were more successful. So in your own life, consider setting a frequency on expenditures rather than X dollars. via Lifehacker, "Save Money Using These Behavioral Finance Tricks"
Seven Subjects to Learn More About Once You ‘Get’ Personal Finance and Investing
Once the core principles of personal finance are stuck in your head, continuing that journey of learning and improving becomes a bit more challenging. At its core, the tenets of how most people manage their personal finances are actually pretty easy; the trick is in implementing them in your actual life. Once you’ve got that… what else is there? via Simple Dollar
How I learned to be open when talking personal finance with my partner
"In addition to how we handle our accounts, we have found what works for us: Be open and don't judge. This means we tell each other when unexpected expenses come up, like the surprise car repair I just discovered I needed." via Globe and Mail
42% of Americans are at risk of retiring broke
At this rate, retirement is more of a fantasy than a reality for many people in this country. About 42 percent of Americans have less than $10,000 saved for when they retire, according to a study by GoBankingRates released Tuesday. via CNBC
4 Countries Where You Can Live on $1,000 a Month
Maybe it's better to retire in a less expensive location than the US. If you're on the lookout for somewhere cheap to call home, here are four countries where you can live for $1,000 per month. via Wisebread (Also see "U.S. travelers still flocking to Mexico and where to move if you want to be happy" on Marketplace)
Busting the Myth of ‘Welfare Makes People Lazy’
Cash assistance isn’t just a moral imperative that raises living standards. It’s also a critical investment in the health and future careers of low-income kids. via The Atlantic
Some people use overdraft services in lieu of payday loans. The superiority of one product over another boils down to how much you borrow or overdraft. While payday loans often charge an effective APY of 400%, overdraft fees can reach $35 per charge, sometimes making the effective APY as high as 17,000% on smaller transactions.