{"id":2033,"date":"2008-11-22T19:00:23","date_gmt":"2008-11-22T19:00:23","guid":{"rendered":"\/\/www.askmrcreditcard.com\/news\/?p=2033"},"modified":"2008-11-22T19:00:23","modified_gmt":"2008-11-22T19:00:23","slug":"putting-your-finances-in-order","status":"publish","type":"post","link":"https:\/\/www.askmrcreditcard.com\/news\/putting-your-finances-in-order\/","title":{"rendered":"Putting Your Finances In Order"},"content":{"rendered":"<p>The current economic downturn is bringing to light lots of financial crises, On a big-business level, and an at-home personal level too. <\/p>\n<p>It makes me want to sit back, and take stock of my life, and my money. It also makes me want to take a long hard look at how, and why I spend my money the way that I do. I have very little debt, and I pay my credit cards off in full each month. Still though, there are months when I put more on credit than I need to. <\/p>\n<p>There are months when I spend more on food than I should, or clothes, or electronics. There have been a couple of months recently when getting that credit card bill the next month hurt a bit. So, what&#8217;s behind that?<\/p>\n<p>What&#8217;s behind it for you, when you do it? Will you tell me?<\/p>\n<p>Even though I care for my credit score, and manage my money well enough, the finer points of budgeting still seem to elude me. I&#8217;ll set a number for something (Christmas for example) and then that number flies right out the window when I shop. <\/p>\n<p>Maybe it&#8217;s worthwhile to revisit some of the basic tenets of money management, especially when it comes to credit cards. From now on, before I spend any money (on credit or not) I am going to ask myself the following questions:<\/p>\n<ul>\n<li>Why am I ing this item?<\/li>\n<li>Can I afford to go without it?<\/li>\n<li>Will I miss it or even remember it if I do not  it?<\/li>\n<li>Do I have something else I could make do with instead?<\/li>\n<\/ul>\n<p>With the holidays coming up fast, I need a checks-and-bounds system for gifts too. If it is an item for someone else, I am going to look at it this way:<\/p>\n<ul>\n<li>Will the person really like this item?<\/li>\n<li>Why do I want to give it to them?<\/li>\n<li>Could I get them something else that they would like just as well, and spend less on it?<\/li>\n<li>Am I trying to impress them with the gift, or does it really fit who they are?<\/li>\n<\/ul>\n<p>I am also going to try to complete my Christmas shopping in early December, so that I do not get stuck  rushing around at the last minute trying to find something, <em>anything<\/em>, to give someone that I forgot. <\/p>\n<p>If I have learned nothing else about money, I have learned that given a little time, thought, and preparation you can save yourself a lot of trouble, and money. <\/p>\n<p>The articles below all deal with managing different aspects of credit, and personal finance. I really enjoy looking through my feed reader each week, visiting favorite blogs, and discovering new ones. I hope that you enjoy these articles too!<\/p>\n<p><font size=\"3\"><strong>Holiday Shopping<\/strong><\/font><\/p>\n<ul>\n<li><strong><a href=\"http:\/\/moneysmartlife.com\/christmas-shopping-and-saving-tips-for-a-troubled-economy\/\">Christmas Shopping and Saving Tips for a Troubled Economy<\/a> &#8211;<\/strong> Money Smart Life complied a short article that linked to the best of their holiday articles. All the good ones are there, including <a href=\"http:\/\/moneysmartlife.com\/how-to-double-your-savings-on-christmas-shopping-deals\/\">How to Double your savings on Christmas Shopping deals<\/a>  and <a href=\"http:\/\/moneysmartlife.com\/holiday-budgeting-tips-from-ebenezer-scrooge\/\">Holiday Budgeting Tips from Ebeneezer Scrooge<\/a>.  <\/li>\n<li><strong><a href=\"http:\/\/www.bluntmoney.com\/layaway-is-back\/\">Layaway Is Back &#8211;<\/a><\/strong> Blunt Money did an article on one of my favorite topics &#8211; layaway. I have sorely missed layaway. Especially now that I get asked to fill out a credit card application every time I check out. Whatever happened to paying for an item <em>before<\/em> you took it home?<\/li>\n<li><strong><a href=\"http:\/\/www.moneycrashers.com\/6-ways-to-save-money-on-your-holiday-party\/\">6 Ways to Save Money On Your Holiday Party &#8211;<\/a><\/strong> Money Crashers had some great tips on hosting holiday parties without breaking the bank. I thought this was a smart take since so many people focus only on talking about and budgeting for gifts. It&#8217;s important not to forget the cost of those &#8220;get togethers&#8221; too.  <\/li>\n<li><strong><a href=\"http:\/\/www.mydollarplan.com\/black-friday-2008-free-stuff\/\">Black Friday 2008 Free Stuff<\/a> <\/strong>&#8211; Black Friday is a shopper&#8217;s best friend! My Dollar plan has a list of some excellent free deals that you can take advantage of. <\/li>\n<li><strong><a href=\"http:\/\/www.fivecentnickel.com\/2007\/12\/11\/ing-gift-cards-at-a-discount\/\">Buying Gift Cards at a Discount<\/a> &#8211;<\/strong> Five Cent Nickel gives us the lowdown on how to get giftcards for less than face value. <\/li>\n<li>Mrs. Micah takes the alternate approach with &#8220;<strong><a href=\"http:\/\/www.mrsmicah.com\/2008\/11\/21\/no-gift-cards-this-christmas\/\">This Christmas, Give Cash, Not Gift Cards<\/a><\/strong>&#8220;. <\/li>\n<\/ul>\n<p><font size=\"3\"><strong>Shoring Up Your Finances<\/strong><\/font><\/p>\n<ul>\n<li><strong><a href=\"http:\/\/66.129.79.156\/smartspending\/archive\/2008\/11\/21\/beware-the-coupon-cops.aspx\">Beware the &#8216;coupon cops&#8217;<\/a><\/strong> at Smart Spending highlights one of the major reasons I am afraid to use coupons &#8211; the rudeness of the clerks. <\/li>\n<li><a href=\"http:\/\/www.thesimpledollar.com\/2008\/11\/22\/when-a-treat-stops-being-a-treat-and-how-to-get-it-back\/\"><strong>When a Treat Stops Being a Treat &#8211; and How to Get It Back<\/strong><\/a> &#8211; is an awesome article over at The Simple Dollar. It talks about breaking unnecessary spending by removing it from your normal routine and making it a treat instead. <\/li>\n<li><strong><a href=\"http:\/\/www.freemoneyfinance.com\/2008\/11\/reminder-keep-a-sharp-eye-on-medical-bills.html\">Reminder: Keep a Sharp Eye on Medical Bills<\/a><\/strong> &#8211; Free Money Finance gives an excellent reminder. Make sure you aren&#8217;t paying more than you have to for your medical care. <\/li>\n<li><strong><a href=\"http:\/\/www.ncnblog.com\/2008\/11\/20\/debt-reduction-101-beginners-guide-to-debt-reduction\/\">Debt Reduction 101 &#8211; Beginner\u2019s Guide To Debt Reduction<\/a> &#8211;<\/strong> If you&#8217;re looking for a short and simple approach to getting your finances under control, check out this guide at No Credit Needed.<\/li>\n<li> <strong><a href=\"http:\/\/www.wisebread.com\/can-you-afford-to-have-a-baby\">Can You Afford to Have a Baby?<\/a><\/strong> WiseBread takes a look at the real cost of having a child, and the many factors involved. <\/li>\n<li> <strong><a href=\"http:\/\/frugaldad.com\/2008\/11\/20\/quick-and-easy-ways-to-start-a-savings-plan-today\/\">Quick and Easy Ways to Start a Savings Plan Today<\/a> &#8211;<\/strong> Frugal Dad lays it on the line &#8211; the simplest way to save. <\/li>\n<li>Clever Dude is <strong><a href=\"http:\/\/www.cleverdude.com\/content\/looking-out-for-myself-preparing-for-the-worst\/\">Looking out for himself and preparing for the worst<\/a><\/strong> &#8211; Not a bad idea really. This article explores the options of building an emergency fund, and paying down debt. <\/li>\n<\/ul>\n<p><font size=\"3\"><strong>Carnivals, Festivals and Celebrations:<\/strong><\/font><\/p>\n<ul>\n<li><a href=\"http:\/\/www.financialwellnessproject.org\/2008\/11\/18\/festival-of-frugality-152-recession-edition\/\">The Festival of frugality #152: affected by recession edition<\/a> @ The Financial Wellness Project<\/li>\n<li><a href=\"http:\/\/www.theskilledinvestor.com\/wp\/\">Carnival of Financial Planning &#8211; November 22  2008 Edition<\/a> @ The Skilled Investor<\/li>\n<li><a href=\"http:\/\/www.livingalmostlarge.com\/2008\/11\/17\/11-17-08-twenty-something-finances-carnival\/\">11-17-08 Twenty-Something Finances-Carnival<\/a> at Living Almost Large<\/li>\n<li><a href=\"http:\/\/www.onefamilysblog.com\/2008\/11\/carnival-of-road-to-financial.html\">Carnival of the road to financial independence #1<\/a> at One Family&#8217;s Blog<\/li>\n<li> <a href=\"http:\/\/www.thesunsfinancialdiary.com\/pf-blogoshpere\/carnival-of-personal-finance-no-177\/\">Carnival of Personal Finance No. 177<\/a> @ The Sun&#8217;s Financial Diary<\/li>\n<\/ul>\n<p>That&#8217;s it for this weekends thoughts, and links. I hope you have a wonderful weekend!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The current economic downturn is bringing to light lots of financial crises, On a big-business level, and an at-home personal level too. It makes me want to sit back, and take stock of my life, and my money. It also makes me want to take a long hard look at how, and why I spend [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Putting Your Finances In Order<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.askmrcreditcard.com\/news\/putting-your-finances-in-order\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Putting Your Finances In Order\" \/>\n<meta property=\"og:description\" content=\"The current economic downturn is bringing to light lots of financial crises, On a big-business level, and an at-home personal level too. 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