Advertisement
Smart Buying

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."

Advertisement - Article continues below

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."

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."

Advertisement
Advertisement

Most Popular

Turning 60 in 2020? Expect Lower Social Security Benefits
Coronavirus and Your Money

Turning 60 in 2020? Expect Lower Social Security Benefits

When you file for Social Security, the amount you receive may be lower.
July 30, 2020
These 2 Words Could Send Your Retirement Money to the Wrong Beneficiary
estate planning

These 2 Words Could Send Your Retirement Money to the Wrong Beneficiary

"Per stirpes" vs. "per capita." Making the wrong choice could cause an estate planning disaster.
July 30, 2020
Second Stimulus Check Update: HEALS Act vs. CARES Act
taxes

Second Stimulus Check Update: HEALS Act vs. CARES Act

When compared to first-round payments, the new Republican stimulus check proposal expands and protects payments for some people, but it shuts the door…
July 29, 2020

Recommended

Tax-Free Weekend Dates, States and Savings for Back-to-School Shopping
Tax Breaks

Tax-Free Weekend Dates, States and Savings for Back-to-School Shopping

Sales tax holidays are a great way to save money on clothes, shoes, backpacks, school supplies, and other back-to-school necessities.
July 30, 2020
The Finances of Homeschooling Your Kids: What It Costs, Tax Breaks, More
spending

The Finances of Homeschooling Your Kids: What It Costs, Tax Breaks, More

If you're contemplating homeschooling for the 2020-2021 school year and beyond, consider these 10 things -- from surprising homeschooling costs to pot…
July 30, 2020
Good News: COVID-19’s Social Distancing Seems to Cure FOMO
spending

Good News: COVID-19’s Social Distancing Seems to Cure FOMO

Fear of missing out can put you in debt, but social distancing means no one’s missing out on anything these days. Financially, that’s great news, espe…
July 29, 2020
10 Good Reasons to Cancel Amazon Prime
Budgeting

10 Good Reasons to Cancel Amazon Prime

You probably aren't using most of the perks tucked into that $119 annual fee -- which you don't need to pay to get the free Amazon shipping you crave.
July 19, 2020