Category Archives: Money

How Not To Retire By 40 – Part II: An Ode To Emergency Fund

This post was included in Carnival of Personal Finance #299: The March Break Edition as one of  the Editor’s Picks!

Family History

I was raised by my mother and my grandmother. An emergency fund was non-existent in our family. I don’t think that growing up I even understood what it means. Neither my grandmother nor my mother discussed family financial matters with me. Even when I graduated from the University and got my first job, no one ever told me: save up Aloysa, spend less than you make, think about retirement.

How Not To Retire By 40 Part I: Things That Undo Us

The series of the following posts was inspired by one of my good friends and a great blogger Joe, the creator of Retireby40 , where he is chronicling his journey to retirement. Joe wrote a post How To Retire By 40 where he outlined and mapped his journey to an early retirement.

It is a very stimulating post and an exciting journey for those who stayed on track, who have mapped, saved, invested, planned from the early age. Those people already can visualize a nice bungalow somewhere warm and exotic. They close their eyes and see themselves raising their grandchildren. They stock up on travel books because they know they will travel the world. In other words, those people see the light at the end of the tunnel by age 35 or 40.

Introducing Talk It Out and Aloysa’s Reading Picks

Please make sure to check out my staff writer post at Beating Broke, What Our Chinese Guides Taught Us About Pragmatic Consumerism.

I came up with an idea for a new series TALK IT OUT: Money and Relationships. This series will be all about money, relationships and our lives.

Money can bless a relationship or curse it. Am I wrong? Let’s put it this way: money does affect relationships. Anyone disagrees? Is she a compulsive spender? Is he a frugal saver but she is a gold digger? I am sure you have plenty to say, so let’s talk it out!

Separate or Joint? Mine or Yours?

Want to know how to haggle? Then please make sure to check out my staff writer post at Beating Broke today, The Golden Rules of Haggling!

This post was featured in Carnival Of Personal Finance #288.

In my family we always had a common pot of money.  We didn’t have a bank account but we would put money in a big brown envelope. Yes, I still remember the color! My grandmother was in charge of it, and she would do all the necessary budgeting. If I needed money for school lunch, I’d have to ask her for an allowance. If my mother needed a new coat, my grandmother would decide when the family budget could afford it. I grew up with one brown envelope, or I’d rather say one “joint” account.

The Great Pretender

Relationships should be based on mutual trust. Otherwise, I believe that there is no future possible. Finances are important. Same values are essential. Mutual chemistry is necessary. But when you break trust, you break the bond between you, don’t you?

Main characteristics of The Great Pretender: he showers you with gifts: designer bags, fancy jewelry, mind blowing shoes and exquisite perfume. He takes you out to expensive restaurants where you taste meals you cannot pronounce. He tips so generously that you secretly start considering a new career as a waitress. For your birthday you get an unforgettable trip to Paris or Rome, or Tokyo.

His Wallet Is Empty But What About His Head?

My girlfriend and I had a conversation about men. I guess girls do that – gossip about men when there are no men around. My friend is single and dating. As you can imagine she had quite a few stories to share. I listened to her musings about the guys she met, and felt relieved that I am not playing the dating field anymore. It sounded … tiresome.

Dating when it is done right can be a lot of fun. It can also be hard work. Especially when it comes down to whom and how you are dating.