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He who hestitates…SAVES! Why it’s always worth the wait.

By: Genna Jenkin The Your Smart Money Moves Mom Hello, my name is Genna and I am a sales-a-holic.  I am in recovery, but everyday is a struggle.  I believe my addiction is congenital as I come from a long line of bargain boasters and I am hoping it doesn’t present itself in any of my children.  You know the types, they share legendary tales of high-end purchases made for next to nothing, often on items they didn’t really need. Our current culture totally feeds into this type of mentality.  We are constantly bombarded by flash sales, daily deals and reality television showing us all of the ways we can beat the system and get what we want (and more) for a rock-bottom price.  This, combined with wanting to provide our kids with all the things we didn’t have can make for a financial nightmare. The operative word  here is “want”.   We have all heard the much debated argument of ...

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Personal Finance 101: Generation X Series – A Vacation Or College Education

Generation X is classically defined at people born between the years 1965 and 1979.    Pretty much those of you in your early 30’s to the mid 40’s.  However, having given personal financial advice to thousands of people, I can tell you that many of you who were born 1960 to 1964 fit within the Generation X type of financial and personal attitude.   Since I am 42 and have had a good deal of financial success, I’ve noticed some big mistakes that I see my generation making with their money and how they think about money.    This week I wanted to discuss the mistake of spending too much on vacations and not enough saving for college education. Where do you think we should take the kids away for spring break this year?      Should we go away for Thanksgiving or would it be better during the holiday season?    I know the children have sports and camps over the summer, but wouldn’t it ...

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I like April 15th!

Within a few weeks, we will be approaching one of my favorite days of the year April 15th.   This is the last day of the official tax season unless you are filing an extension.   If you ever want to see something truly funny, park your car around 10 p.m. outside of a U.S. Post Office on the last day of tax season and watch the masses flock with their tax returns. The thing I like about April 15th is asking the question, “Did you learn anything different this tax year than the year before this one?” Each year, people seem to spend more time watching Dancing With The Starts or some other reality show than figuring out ways to save money in taxes.   By the time the 2009 tax season ends on April 15th, we are almost a trimester into the 2010 tax year.   This is the time to reflect and ask yourself what you will do differently in 2010 ...

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