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Kip Tips

Spending Advice From Around the Web

A look at tips from a few of our favorite personal finance bloggers about using your money wisely.

A post on LearnVest caught my attention because it's about a topic my husband and I recently have been debating: Does spending on experiences lead to more happiness than spending on things? In The Trick to Buying Happiness? Spend Smarter, behavioral scientist Dr. Michael Norton is quoted as saying, "If you ask people how they spend their money, it’s very often on stuff that tends not to make us any happier. So if stuff isn’t changing our lives, what is? The answer: buying experiences, which can lead to more happiness, on average."

SEE ALSO: 25 Ways to Waste Money

But what if you buy stuff that helps you have experiences? My husband recently bought a kayak that he's used to paddle down the river with our children and his friends. He would tell you that the kayak has brought him a lot of happiness. So I guess it depends on the type of stuff you buy. What do you think about the amount of happiness derived from spending on things versus experiences? Share you comments below. And read on for smart shopping and spending advice from a few of our favorite personal finance bloggers.

7 Psychological Triggers That Cause Spending -- How to Deal With Them [Money Crashers]
"Knowing what drives me to spend means I’m more mindful of the phenomenon occurring in the future, and can combat boredom with something other than a trip to the shoe store."

Time Your Spending and Save Big [Five Cent Nickel]
"In order to get your goods at their best price, it may only require some strategic timing."

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How to Be a Smarter Online Shopper [Bargaineering]
"When it comes to buying things online, I use the same process over and over again."

The Ultimate Guide to Amazon Coupons and Discounts [The Simple Dollar]
"Given that Amazon has pretty good prices most of the time on many items, ... you can use these tips to get items you want and need quite inexpensively."

Back to School With Garage Sales And Thrift Stores [Frugal Babe]
"Planning ahead is an essential part of being able to get nearly everything you need secondhand instead of having to pay retail at the last minute."