Comments on: Budgeting for a Better 2008 http://moneysmartlife.com/budgeting-for-a-better-2008/ Money Tips for a Better Life Fri, 10 Feb 2012 18:59:59 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Peter Bielagus http://moneysmartlife.com/budgeting-for-a-better-2008/comment-page-1/#comment-39459 Peter Bielagus Mon, 24 Dec 2007 15:35:31 +0000 http://moneysmartlife.com/budgeting-for-a-better-2008/#comment-39459 Don't forget insurance. One of the easiest things to overlook in a budget is the need for insurance. Most people have health insurance or at least know they need to get it. But what about some of the more overlooked policies like disability insurance and renters insurance? Tina, as a single mom you'll definately want to make sure you have a decent disability policy (which protects you if you are unable to work.) Sometimes people call it income insurance. Usually your employer is the best place to start shopping for disability policies (they either offer one or offer ways to add onto their health policy or at least they can point you in the right direction.) Also if you do rent, renter's insurance is a must. Speaking of Xmas, my friend actually had his Xmas presents stolen out of his car. Ouch. He (like most people) skipped on renters insurance and lost about $1000 in gifts. Ouch again. Most people don't realize this but renters will protect your stuff even if it is outside your apartment. With renters policies running $15-25 there is little reason not to get one. youcovered.com is a cool site to start your shopping because you can get a quote without putting in any of your own information. Happy Holidays! Don’t forget insurance. One of the easiest things to overlook in a budget is the need for insurance. Most people have health insurance or at least know they need to get it. But what about some of the more overlooked policies like disability insurance and renters insurance?

Tina, as a single mom you’ll definately want to make sure you have a decent disability policy (which protects you if you are unable to work.) Sometimes people call it income insurance. Usually your employer is the best place to start shopping for disability policies (they either offer one or offer ways to add onto their health policy or at least they can point you in the right direction.)

Also if you do rent, renter’s insurance is a must. Speaking of Xmas, my friend actually had his Xmas presents stolen out of his car. Ouch. He (like most people) skipped on renters insurance and lost about $1000 in gifts. Ouch again. Most people don’t realize this but renters will protect your stuff even if it is outside your apartment. With renters policies running $15-25 there is little reason not to get one. youcovered.com is a cool site to start your shopping because you can get a quote without putting in any of your own information. Happy Holidays!

]]> By: Fiscal Musings http://moneysmartlife.com/budgeting-for-a-better-2008/comment-page-1/#comment-39088 Fiscal Musings Sun, 23 Dec 2007 06:03:01 +0000 http://moneysmartlife.com/budgeting-for-a-better-2008/#comment-39088 Trying to spend as little as possible at the grocery store or wherever has become almost a game of sorts. Once the savings start to grow, it's nice to walk by things and think to myself, "I could pay cash for that, but I won't". Trying to spend as little as possible at the grocery store or wherever has become almost a game of sorts. Once the savings start to grow, it’s nice to walk by things and think to myself, “I could pay cash for that, but I won’t”.

]]> By: sp http://moneysmartlife.com/budgeting-for-a-better-2008/comment-page-1/#comment-38976 sp Sat, 22 Dec 2007 19:08:37 +0000 http://moneysmartlife.com/budgeting-for-a-better-2008/#comment-38976 I am usually pretty good at the grocery store, always stick to my list. It is funny that you mentioned shoes. I always buy an extra pair if they are shoes that I like and that are available in my size. I hate shopping so much that I am happy to put away extras for later, because it will eliminate a shopping trip later. But I do look back on other things and wonder why I purchased them. I am much more aware now when I shop: first I ask "Do I really need it?" and second I ask "Where I am going to put it?" I am usually pretty good at the grocery store, always stick to my list.

It is funny that you mentioned shoes. I always buy an extra pair if they are shoes that I like and that are available in my size. I hate shopping so much that I am happy to put away extras for later, because it will eliminate a shopping trip later.

But I do look back on other things and wonder why I purchased them. I am much more aware now when I shop: first I ask “Do I really need it?” and second I ask “Where I am going to put it?”

]]> By: Tina http://moneysmartlife.com/budgeting-for-a-better-2008/comment-page-1/#comment-38100 Tina Thu, 20 Dec 2007 02:02:18 +0000 http://moneysmartlife.com/budgeting-for-a-better-2008/#comment-38100 Susan, I never thought of the piece of mind issue, but you are so right! I still give myself a hard time for purchases I have made in the past. Even if I love them, I hardly ever use them, and I certainly don't need them. Then, I start thinking about what I could have done with that money, if I hadn't used it unwisely. Great comment! Susan,

I never thought of the piece of mind issue, but you are so right!

I still give myself a hard time for purchases I have made in the past. Even if I love them, I hardly ever use them, and I certainly don’t need them.

Then, I start thinking about what I could have done with that money, if I hadn’t used it unwisely.

Great comment!

]]> By: Susan http://moneysmartlife.com/budgeting-for-a-better-2008/comment-page-1/#comment-37923 Susan Wed, 19 Dec 2007 14:46:03 +0000 http://moneysmartlife.com/budgeting-for-a-better-2008/#comment-37923 Walking away from "deals" is probably the hardest lesson to learn when it comes to buying only what you really need. But I have learned that it is possible if you train yourself to think like that. As with any new habit, you have to be consistent with your actions--not easy at first but so liberating once you get the hang of it. And it is absolutely wonderful to walk away after purchasing only what you need and not experiencing that regret, which is full of question marks as you leave the store. My peace of mind is worth a lot these days and this really helps. Walking away from “deals” is probably the hardest lesson to learn when it comes to buying only what you really need. But I have learned that it is possible if you train yourself to think like that. As with any new habit, you have to be consistent with your actions–not easy at first but so liberating once you get the hang of it. And it is absolutely wonderful to walk away after purchasing only what you need and not experiencing that regret, which is full of question marks as you leave the store. My peace of mind is worth a lot these days and this really helps.

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