This week’s giveaway will be 1,000 free standard business cards for one reader and 500 standard sized brochures for another reader from Uprinting.com. They are an online printer and do business card printing and many other types of printing. Since there will be two winners this week you have double the chances of winning. To enter leave a comment at the end of the blog post, describing what you would use the free printing for. Winners in the United States and Canada qualify for free shipping. Shipping fees will apply to winners outside these areas. Usual contest rules apply.
This book deals mainly with the psychology of money. It details different problems people have with money and includes worksheets to help you identify your money problems. I am quite content with how I currently handle money so I just skimmed through these chapters.
In the latter part of the book the author explores the concept of net worth. He shares some good ideas on the subject. He also compares renting to buying a house and shows that sometimes renting is a better option. The bulk of the book deals with the psychology of money though so I would recommend purchasing the book only if you want to work on your money psychology.
I will also be giving away a copy of this book. This giveaway will be a little different than previous giveaways in that it will be just for subscribers. You just need to send me an email with the name of the online savings account that is promoted at the bottom of my feed and you will be entered in the contest. One entry per person. I will draw a winner at random on Friday. My email address is this blog’s name at Google’s email service. Good Luck!
In order to figure out where I am wasting all of my time I am going to keep track of what I’m doing for every hour of the day this Monday through Friday. I already know I waste a lot of time on the Internet but maybe seeing exactly how much time I’m wasting will motivate me to make better use of my time. It is possible that I might identify some other time wasters as well. I really need to start being more productive.
On an unrelated note I took advantage of my 10 free eBay listings and put some stuff up for sale. Probably could have selected some better stuff to sell but since the listings were free I just listed the first 10 items I found that I no longer want. Check out my eBay auctions.
I received a copy of Passion Saving for review last week. This is the first review copy of a book I’ve been sent but if there are any other personal finance authors out there who would like me to to review their book feel free to contact me. I won’t guarantee a good review though. In conjunction with the review I’ll be giving away a copy of Passion Saving. Just leave a comment by noon CDT Monday and I’ll randomly pick a winner then.
The full title of the book is Passion Saving:The Path to Plentiful Free Time and Soul-Satisfying Work and the author is Rob Bennett. Rob managed to retire early and in this book he shares how he did it. This book is more about motivation than nuts and bolts. He distinguishes between what he calls Sacrifice Saving and Passion Saving. If you can change your mindset to see saving as buying you a little bit of freedom rather than something you have to do that you won’t be able to enjoy for many years than saving will become much easier. Another point he makes that I like is that 10% of your income is probably the worst percentage of your income to save. It is just enough to be painful but not enough to quickly see results. If you want to retire early you should be increasing the percentage of your income that you save. The main focus of this book is changing how you think about money and savings.
There are only a couple of things I didn’t like about the book. He seems to like creating buzz words such as Fun Units, The Freedom Store, etc. This seems to be pretty common among personal finance writers now so I won’t fault him too much for that. My other criticism is a mild one that if you have read Your Money or Your Life you really shouldn’t need this book. If after reading YMOYL you still need motivation than this book might work for you. You can only order this book at Passion Saving.com.
If you would like a chance to receive a free copy of this book just leave a comment to be eligible for the giveaway.
I received the following in my email yesterday. Even if I hadn’t already received my refund in March I don’t think I would have fallen for this. The sad thing is there probably are people out there who are stupid enough to get scammed by an email like this.
Maybe if I post my goals I will actually meet them. My first goal is for 50% of my income to go towards savings or debt repayment. I haven’t done the calculations yet but I think I got close to that last month.
My second goal is to have at least one post a day Monday through Friday. I’ve already missed that this week but I’ll try to do it for the rest of the month.
My third goal is to get started running. I was wanting to run a marathon this month but I haven’t done anywhere near enough training to do that. I’m hoping I might be able to do one in December.