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Principled money posts of the week #8: the ‘so long 2011’ edition

I simply had to squeeze this post in today and yes, I do realise it is Saturday. It is also the last day of 2011.

Looking back on 2011 it was a mixed bag for me; but if I had to characterise it in one word it will have to be ‘beginnings’. I love beginnings and find them to be a torture in the same measure: the fluttering excitement of a new project is what I live for; finding the staying power to see it through and the patience to look forward to its fruits without despair are the parts I have to suffer. During 2011, as part of the ‘beginnings’, great part of my time was used to find, create and/or join my ‘beehives’. Best thing I ever did!

Now let’s move without further delay to the posts that made me think, or  just entertained me, during the last week of 2011.

Girls Just Wanna Have Funds has had a makeover and is looking really snazzy. They also published a list of 37 Actionable Tips for a Better Financial Life. All good tips but does anyone offer a ‘Life Time Financial Achievement’ awards? And for the record, we do spend on stuff because we think we deserve it. The trick is that we have a special fund for this – our ‘I’m so worth it’ fund – and we apply the same mindfulness as when we buy for ‘needs’. After all we, as humans, are defined by our ‘wants’ not our ‘needs’.

Niki at Debt Free by Thirty looks back at her year through the goals she set for herself. It looks like Niki has done exceptionally well and has achieved most of her goals. I am more impressed by the goal she failed to achieve though: to track her coupon savings. Niki, you have used your time so much better. Well done, love! Oh, and this ‘love’ thing, this is what we say in Manchester, UK when we are really impressed.

Jeff at My Multiple Streams is discussing not a small mountain stream but potentially a mighty powerful river that could drain the funds of parents who choose to finance their children’s college (university) education . We have been asking ourselves how much is enough support as well; can’t say we have the answer. This post made me remember talking to a financial advisor some years back. He explained that there are two approaches to funding children’s education: one is parents pay from savings; the other one is the ‘debt’ route. ‘I will be taking the ‘debt’ route.’ – he said. Where does this leave us?

One of the places I go when I want to read something stimulating is So Over Debt . Andrea rarely disappoints. If you haven’t been there already please do and read this post .

Rashawn at Watson Inc is all for setting unrealistic goals . I fully agree, Rashawn; and so do many great men and women. Being realistic chains us to our existence; being audacious makes us extraordinary.

Now about an awesome blog I started to frequent this week past. Meet Jai. He makes me think and makes me laugh; he can see the fun side of life even when it may not be going that smoothly. I have a measure of how much I like something: the highest degree of liking is when I want to share it with John. Reading this post I phoned John (yes, we phone each other in the house but it is just large enough for that); I was laughing so hard that he had to come downstairs and read it for himself. To show how I feel about MBNA (Bank of America) I didn’t enter the Chester marathon – they were sponsoring it. This is what he did! Respect!

This is it for now. Till next week!

6 thoughts on “Principled money posts of the week #8: the ‘so long 2011’ edition”

  1. Thanks for the mention. “Beginnings” is such a loaded road, and I think it’s a great way to characterize something great! I’m happy my unrealistic goals post struck a nerve and was included in your round up. Cheers, and Happy New Year!


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