The Drug Of Buying ‘Stuff’

The weather is warm and in the United States we are about to start enjoying some of the national pastimes of our country.   We love things like baseball, apple pie, the 4th of July, and grilling out in our backyards.    Oh yeah, and we also LOVE spending money.    In recent years, I’ve noticed that spending is more than just making a purchase here and there.  It’s almost a ‘crack’ like addiction, whether you wait for that Amazon package at the door or to take a photo of your tricked out new ride to post up on Facebook.   Like it or not, many Americans are addicted to the drug of buying ‘stuff’.    Why is this and how can you get your patterns changed on the home front? It seems pretty apparent that ease of access to drugs can make a user want more of them.  In our spending patterns, the ease of credit, access to our cash, and online transactions with ...

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How to Complain the Right Way

Rule #1: The customer is always right. Rule #2: Refer to rule #1. For many years, large corporations have talked about the golden rule of customer service.    The golden rule is to make sure that no matter what the customer is always satisfied.    This has largely meant over the years that if a customer would complain about a dissatisfactory experience, someone on location or in customer service would figure out how to make it right.  They might even go above and beyond the call of duty to make some type of concession if there is a serious problem.  This usually leads to perhaps a free months’ worth of service, a discount on the next purchase, or free item.  However, rule #1 has gone by the wayside for many big companies recently that have lost the art of customer service.    This makes me wonder that perhaps we, as customers, have lost of the art of how to complain? Here’s a story ...

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Four Rules Of Thumb That Are Thumbs Down

For many years I have seen articles galore in the major magazines giving consumers “rules of thumb” about making financial decisions.   In a society today where we want to get all of our information in sixty seconds or less, many of these magazines can talk one week about five dollar meals to make and then the next week discuss major financial decisions to make in your household.   I’ve never really been a big fan of “rules of thumb”, so here are four major financial “rules of thumb” that I am simply thumbs down on when it comes to making smart money moves.  Rule Of Thumb #1- 2% Difference In Interest Rate To Refinance –   Many popular magazine and newspaper articles will suggest that you generally shouldn’t consider refinancing unless the difference between the new interest rate and your old interest rate is 2%.    This “rule” makes very little sense to me. What you want to be considering are a handful ...

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Why Are You Mad At Your Accountant?

Here is a question to ask yourself after tax season is over.  What really happens during a typical tax season for a family or business? I have been doing this for over 20 years, and so let me describe to you the typical outcomes. The first thing that we see is that most people cross their fingers and say three Hail Mary’s hoping for a refund.  Does this sound like you?  You gather all of these documents that you get from your employer, your investment companies, and real estate you own, then you hand them over to somebody (an accountant or CPA) and pray that they’re going to get you some money back so you can go on that vacation or remodel your house.  Most individuals that we meet who get a federal refund during tax time think that their CPA is the bomb.  They are assumed to be the smartest, brightest, and most unbelievable individuals in the world.  It’s ...

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Five Items To Buy During March Madness

This past week we witnessed the beginning of “March Madness”.  It’s the time of year where we pick our college basketball brackets, hope for no upsets, and see teams like Oregon and Florida Gulf Coast become instant bracket busters.   I thought it would be fun to do a little March Madness of our own here at Your Smart Money Moves by giving you five items that are must buys in March.   Far too often, we make purchases for items that we need but buy at the wrong time of the year.   This can be very costly when it comes to managing your overall household spending plan.   Here are five bracket busters for you to look for this March. Winter Clothes And Coats–   Now that winter in winding down, most of you will be putting your winter clothes away in the back of the closet or shoved into boxes in the basement.   If you were thinking about getting that really cool ...

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