Josh was telling me that he was hoping to find a decent price on a Fender Amp and then use the money that he earned last month to purchase a new one. I suggested that he consider buying a used, refurbished one, but I don’t know if he is going to take my advice. Sometimes refurbished items have good warranties on them and you can save a lot of money on them. I hope he takes his time and does a lot of comparison shopping – and check around online, too. I think the money is burning a hole in his pocket!
My parents have been talking to me a lot about their financial security and their “final plans” for when they pass away. They have been urging me to look into ways to save more of my own money to ensure my own financial security. They are terrified that with this bad economy that someone in the family might end up in Bankruptcy.
They told me that they had found a website that they wanted me to go to and use the wizard on the website to review my own financial security. Well, I happen to feel about as financially secure as anyone else could feel in today’s economy. I have about six months of my pay saved up for a “rainy day.” I have a 401K plan, and I own my home. I always pay my credit cards off in full within a week of getting the bill. I have insurance up the wazoo, and I invest in the stock market. But just to make my parents happy I went onto their website to see what the website had to offer me. I saw that it was supposed to have a wizard about saving money, so I thought that I would use it to see if it might give me any tips on saving money. What it did was direct me to a site that was intended to help people who are in debt to get out of debt, which is not what I needed for my purposes. I’m wondering why it would do that, and it made me a bit nervous about my parents putting their trust in that company.
In today’s economy, more consumers are relying on credit cards to help them get through these rough times. I like to use credit cards to help me keep track of where my money goes, and I like to use my cards that give me cash rewards. I don’t usually carry much cash around with me, as I’m always afraid of someone stealing my wallet. That means that if a business does not accept credit cards, chances are that I won’t do business with them!
With the price of gasoline continuing to skyrocket, we will be spending more time at home and less time on the road. That means we will be spending more of our money on fixing up our place to enjoy it on our vacations instead of traveling. I’ve heard the phrase “Staycations” tossed around a lot lately – it means people who are staying home on their vacations instead of going someplace “special.” So, we are going to be investing some money making our home someplace “special.”
We have a large room in our basement that we are going to convert into a home theater system. We’ve been looking online to do some shopping, pricing and planning of the system that we want to get. My honey wants to get some JBL cinema speakers for the system, and I’ve told him that I’ll leave that kind of planning up to him. I’d like to get more involved in picking out the cool seating arrangements to make sure that everyone that is in the room has a great view and a comfortable seat. And I want to make sure that we have a mini-kitchen area nearby so we can pop some popcorn and serve cold refreshments without having to go upstairs to get food or drinks. I’m really looking forward to having this done – it is going to be so cool!