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Living a More Purposeful Life One Cent at a Time

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Life Insurance & the Legacy I Don’t Want

October 27, 2016 by Penny 16 Comments

There are many things I like to think my husband will remember me for. My willingness to edit his grad school papers, only occasionally teasing him about his grammar. My attempt to always have dinner made before he gets home, even if it means accidentally baking a magnetic bag clip that one time I was in … [Read more…]

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Posted in: Uncategorized Tagged: benefits, confidence, death, fear, goals, ignorance, insurance, life insurance, open enrollment, Select Quote, sponsored

Is $100 a Big Deal?

October 17, 2016 by Penny 77 Comments

Tim Ferriss. He’s out of touch. If you somehow missed it, there was this one time when he spitballed the fact that people have $5000 in disposable income to spend each month on his podcast. No, dude, they don’t. But he’s not the only person who might be out of touch with money. Last week, … [Read more…]

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Posted in: Save, Spend, Wonder Tagged: 50/20/30, budget, coffee, fun money, goals, latte, latte factor, spending, Tim Ferriss

Frugally Stupid: Graduation Celebration

October 5, 2016 by Penny 26 Comments

I’ve done a lot of foolish things for the sake of frugality. That one time I kept using hair product after I lopped off 7 inches of hair. It didn’t make my hair look better. In fact, it looked sticky and frizzy and ugh. But I didn’t want to be wasteful. Then, there was that … [Read more…]

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Posted in: Uncategorized Tagged: bills, goals, grad school, graduation, husband, master's degree, party, payment, priorities, tuition

A Look at Our Mortgage Numbers

October 3, 2016 by Penny 37 Comments

I am terrible at setting goals. I also don’t really share numbers here. At least not in any streamlined way. If you read my posts about unexpected expenses and the $24k in debt we killed last year, you’ll get a fairly decent picture of my income and my spending. But let’s leave a little mystery … [Read more…]

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Posted in: Plan, Save, Spend Tagged: budget, debt, FI, financial independence, goals, loans, mortgage, numbers, repayment

In Defense of Kylie Jenner

September 7, 2016 by Penny 23 Comments

There. I said it. Now before you think that I’m trying to usher in the apocalypse, hear me out. I’m not about to argue that the world needs another Kardashian. To be honest, I’m not even totally sure that she really is one. Instead, I’d like to defend the interview Ms. Jenner did for Wealthsimple … [Read more…]

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Posted in: Uncategorized Tagged: consumerism, goals, growth, Jenner, Kardashian, millionaire, mindless, progress, shopping, spending, wealth

Harnessing the Power of Not Yet

June 29, 2016 by Penny 17 Comments

Letter grades are one of the hallmarks of the American education system. Whether it’s an A or an F or something in between, letter grades define our academic abilities as students for nearly two decades of life. And then what? People still talk about succeeding and fret at the notion of failing. What would happen if … [Read more…]

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Posted in: Uncategorized Tagged: advice, failure, goals, help, investing, journey, progress, savings, self-improvement

FIRE is in My Blood

February 22, 2016 by Penny 12 Comments

The first time I mentioned the revolutionary concept of financial independence early retirement (FIRE) to my mom a few years ago, I was met with a scoff. She applauded the idea of financial independence. But early retirement? It was met with pursed lips, a decided frown, or the click of her tongue behind her teeth … [Read more…]

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Posted in: Save Tagged: advice, early retirement, examples, family, FIRE, goals, lessons, mom

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

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

How Not To Save

January 8, 2016 by Penny 21 Comments

It’s no secret that saving money, paying off debt, and earning extra income are some of my priorities. I’m fortunate to be in a relationship where Mr. P shares the same values. We certainly haven’t always been on the same page financially, but tying the knot and blending bank accounts certainly helped us work towards … [Read more…]

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Posted in: Uncategorized Tagged: emergency fun, focus, goals, money, savings, spending
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