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Where is the true money advice?

August 2nd, 2011 at 01:54 pm

I look at sites like Yahoo and wonder how it is true money/finance help. It seems like it is always for people who make 6 digits! I want advice on saving and making extra money for those of us that don't make 150K a year or that don't spend $500 a month on clothes. I don't buy coffee everyday....so I can't save $32.00 a month buy cutting out 2 days a week. At least I have these blogs to inspire me. Smile

Posted in Budgeting, Debt, Personal Finance, Saving Money | 7 Comments »

7 Responses to “Where is the true money advice?”

  1. creditcardfree Says:
    August 2nd, 2011 at 02:28 pm 1312295331
    1312295331

    The true money advice is much simplier than news media outlets let on: spend less than you earn. Save the difference!

  2. Bob B. Says:
    August 2nd, 2011 at 03:00 pm 1312297236
    1312297236

    My wife has made the same comment. When she reads magazine articles, and they say things like cut out getting your nails done. Even when we spent foolishly, she didn't get her nails done!

  3. ThriftoRama Says:
    August 2nd, 2011 at 03:15 pm 1312298138
    1312298138

    I like bankrate.com and wisebread.com. Wisebread particularly is good for those of us who don't make a lot.

  4. MonkeyMama Says:
    August 2nd, 2011 at 03:25 pm 1312298726
    1312298726

    Those *how to save* news articles are always aimed at those who fritter tons of money away (bank fees, lattes, etc.). I think most of them are pretty useless to any one who is already frugal minded. They are kind of like, "Doh!"

  5. CB in the City Says:
    August 2nd, 2011 at 04:37 pm 1312303058
    1312303058

    I agree, most personal finance advice is aimed at people who are stupid with money. We frugalistas have to learn tips from each other.

  6. retire@50 Says:
    August 3rd, 2011 at 05:59 pm 1312394385
    1312394385

    For me, the very best advice for the average person came from The Tightwad Gazette by Amy Dacyzyn - check your library for a copy

  7. Jerry Says:
    August 5th, 2011 at 02:15 pm 1312553746
    1312553746

    It is really amazing how the media pretends that most people just have all of this discretionary income... and that leads to people assuming that everyone around them has more than they really have. The pervasive 'keeping-up-with-the-Joneses' mindset drives people to behave foolishly with money because they have no insurance that they could actually doing just fine with what they have. This is a really good point, definitely!
    Jerry

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