Budgets Make You Smarter

A few weeks ago, I went out to dinner with friends of mine that recently got married.  A little background, I met them at a place that I worked.  He and I worked together for about a year, and I later hired his future wife.  She actually introduced me to my fiance.  Kind of a fun side note.  OK, back to the story.  When we were out to dinner, they were talking about how much money his wife pays to work downtown.  She takes the train, which is $150 a month.  She then takes a cab to and from the train station to her work.  I was giving her a hard time that she should walk to save money.  At that point her husband chimed in about how the cab money is part of her budget. 

These friends have always been the type to spend money, and you could tell.  They always had stylish clothes, and they always seemed to have the newest electronics.  I knew that they had debt from their past through conversations over the years.  I feel that having credit card debt is pretty common these days, so I never thought anything about it.  I despise credit card debt, but I don’t like to mix my financial thoughts with friends unless they ask.  The reason I share this with you is because I never really considered them financially smart.  They, like most, were just an average couple with debt. 

When my friend began explaining their budget, they instantly seemed smarter to me.  I know this sounds dumb, but It’s the truth.  I always had respect for my friends, but hearing him talk about their budget and their plan to get out of debt just made them sound smarter.  The simple fact of not foolishly spending money and restricting their spending to get ahead generated a feeling of pride for my friends. 


Why I Think Budgets Increase Brain Matter

The simple fact that I think budgets make you seem smarter is because you have to understand financial responsibility and then devote yourself to making it happen. 

Financial Responsibility – the knowledge that debt, especially credit card debt is not smart.  Sometimes an unexpected medical bill or family issue can cause this, so don’t think I am not sympathetic to those situations.  I am talking about the type of debt my friends are in.…

Weekly Recap 4/28

Another busy week over! I don’t know about you, but I plan on some R&R this weekend.  I took an exam in Business Calc this past week, and have a mid-term in Statistics this coming week.  School has become quite a burden over the past couple weeks.  I finish at the end of May so I guess it’s ok, but I am ready for it to be over. 



Here is a list of all the carnivals that Make Money Make Cents has been in for the past couple of weeks:

The Carnival of Passive Investing hosted by ETF

The Totally Money Carnival hosted by Thirty Six Months

The Self Directed Investing for Retirement Carnival hosted by Arbor Investment Planner

The Carnival of Financial Camaraderie hosted by My University Money

The Yakezie Carnival hosted by Money Q

Financial Simplicity Greaster over at Modest Money

Thanks for hosting and for the mentions!…

Tweet Your Way to a Bigger Bottom Line

This guest post is by Kyle Taylor who is a personal finance blogger that blogs about weird ways to make money at The Penny Hoarder. Connect on Facebook or join the newsletter and get his “5 Wackiest Ways to Make Extra Money.”

Yes, we all know that Twitter can be a huge time-suck and that Lady Gaga will inevitably reach 1 billion followers. What you may not know is that Twitter, when utilized effectively, can play a large role in boosting your bottom line.

Here are a few ways to make extra money, one tweet at a time:

1. Promote your blog.…

Weekly Recap 4/21

This weekly recap is going to be short and to the point.  I feel bad I havent been able to give this site the attention it deserves.  I am in the home stretch of school, and I have a lot of studying to do.  In the next few weeks, I have 2 exams and a final.  I am very excited to finish, but the last weeks are not going to be fun. 

Work has been busy as well.  We have 6 new people who recently started.  Things tend to run slower when you need to do your job and teach, but that’s ok. 

I am hoping to gather up some guest posts so that the next few weeks aren’t too bare here.  If anyone is interested, I would greatly appreciate you sending me an email with your guest post.  Just click the contact tab up top, and shoot me a message. 

I hope everyone has a great weekend!…

Lower Your Property Taxes

Everyone knows that the housing market has taken a bath over the past 4 years.  While not everyone is willing to grasp the fact that their home is most likely worth 40% less than it was just a few years ago, it still is a fact.  If you don’t believe me, check out Zillow.  Zillow is an online appraisal site.  The price that it spits out gives you an idea what the value of your house is.  Zillow can be inaccurate, but for the most part it’s in the ballpark.

After you stop hyperventilating over the price of your home, realize there could be a little bit of light at the end of the tunnel.  The amount that you are paying for property taxes may be too high.  Here are a few steps to take to see if you can lower your property taxes.…