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Living a More Purposeful Life One Cent at a Time

A Lesson in Latte Factors, or Reaching Teacher Nirvana

February 18, 2016 by Penny 20 Comments

Latte factor: the total cost of your regular, nonessential spending to show how much you could be saving each year. “Look at all that money!” A student gasped, staring at her calculator in disbelief. Sure enough, that burst of excitement flagged the attention of several other students. “Money?” “What money?” “Whose money?” “Where did it … [Read more…]

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Posted in: Savings Tagged: kids, latte effect, latte factor, middle school, saving, spending, teenagers, teens

The Price of Politeness

February 16, 2016 by Penny 20 Comments

There’s a fine line between being polite and being a pushover, and it’s a line that I’ve danced along for the majority of my life. Chaulk it up to a consequence of my incredible awkwardness, but speaking up for myself in person has always been more than just a little bit challenge. Like, a whole … [Read more…]

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Posted in: Spend Tagged: bills, etiquette, home, lunch, manners, payment, remodel, renovation, split check

Tip Yourself: Spark Joy on Your Phone

February 11, 2016 by Penny 2 Comments

This past week, I took a long, hard look at my iPhone. Dozens of apps slotted into folders on my home screen – some apps are overused, some never used, and an overwhelming amount of apps that fell somewhere in between. Midway through my quest to clean up my smartphone a la Marie Kondo and … [Read more…]

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Posted in: Uncategorized Tagged: app, goals, microsavings, savings, success, technology, Tip Yourself

Nothing But Net: Putting One-Third of Our Net Income Towards Debt

February 9, 2016 by Penny 29 Comments

At the start of the year, I wrote two different posts about debt repayment. First, I talked about how we paid $18,000 towards our mortgage. Then, I copped to the fact that we actually paid $24k towards debt, because Mr. P still had a car loan until one final click paid it off in full. … [Read more…]

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Posted in: Save Tagged: budget, debt, financial independence, mortgage, net income, payoff, savings, side hustle

Do Your Savings Make Sense?

February 2, 2016 by Penny 11 Comments

Growing up, I celebrated nearly every birthday at an arcade. It was magical: bumper cars, skeeball, Bozo Buckets, Whac-a-Mole, and more. The lights and bells that signaled a win delighted me almost as much as the sound of the mechanism churning out tickets. Ever so gently, I would remove my winnings from the ticket dispenser, … [Read more…]

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Posted in: Save Tagged: future, goals, money, planning, savings

Lessons I Learned Sitting Next to a Winning Slot Machine

January 28, 2016 by Penny 10 Comments

Don’t fly in on a Sunday. Play in heavily trafficked areas. Always use a player card. Never use a player card. As soon as anyone heard we were dashing off to Sin City this past December, advice on how to beat the odds in Las Vegas bubbled over. Want the best odds of returning home … [Read more…]

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Posted in: Explore Tagged: gambling, gratitude, lessons, luck, slots, travel, Vegas

Simple Advice to Combat Investing Woes

January 26, 2016 by Penny 9 Comments

My husband doesn’t read my blog. He convinced me to start it, cheered me on enough to actually convince me to purchase a domain name and self host, and that was about it. Except for one day very early on when he clicked and clicked to get my page to 100 views…and promptly got busted … [Read more…]

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Posted in: Invest Tagged: advice, budget, investing, IRA, retirement, roth, savings, stock market

Frugally Awesome…or Awkward

January 21, 2016 by Penny 31 Comments

Since we’re all friends here and I’m really good at confessing secrets now, I’ll let you in on another one: I’m a supremely awkward human being. Just last week, I was sitting in a work meeting with my boss and my coworker best friend former best friend. Midway through the meeting, I swatted stray hairs … [Read more…]

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Posted in: Uncategorized Tagged: clothing, declutter, food, frugality, grocery shopping, hacks, heat, Poshmark, selling, tricks, vegetables

A New Outlook on Our Mortgage

January 19, 2016 by Penny 15 Comments

I hate our mortgage. And I probably always will. The fact that we own so little of our home yet foot all the repair bills was maddeningly frustrating last week when our furnace started acting up to the tune of $600. But after clicking through Tim Urban’s “The Tail End”, I realize that maybe I’ve … [Read more…]

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Posted in: Spend, Wonder Tagged: debt, family, financial independence, friends, luxury, mortgage, priorities, time

E-Funds & Anchors: The Cheapest $600 Ever Spent

January 15, 2016 by Penny 19 Comments

This week, we paid off Mr. P’s car loan. Approximately 56 minutes after clicking “submit” on the payment, our furnace started squawking. I had a morning appointment to keep, but Mr. P promised to stand at the ready in the basement. I’m not entirely sure what that entailed, but I like to imagine him with … [Read more…]

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Posted in: Save, Spend, Stay Tagged: anchor, budgeting, e-fund, emergency fund, expenses, home, home ownership, home repairs, HVAC, planning
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