27 November 2010 Weekend Roundup

Lost somewhere in the depths of my computer, I apologize that this is late!

Always making me think, Jeff Rose at Soldier of Finance does the math on delaying your retirement savings, and it is really depressing.  Or exciting, depending on which side of the math you are.  In his post, Procrastinating Six Months Will Only Cost You $100,000, Jeff talks about the long-term economic impact of waiting just six months to start saving for retirement.

This Year I am Thankful for My Job at Hope to Prosper is a great reminder that being employed is a blessing.  I feel doubly blessed that while military life has its challenges, it offers security, a place to live, and well-priced medical care.

The amazingly named Wisdom From Wenchypoo’s Mental Wastebasket has a really hardcore article on cutting your grocery bill:  Food Stamp Challenge Cheats:  Eating on $30/Week.  There is no way I will ever reach anywhere near that level of frugal, but I’m always open to more inspiration!

The Paycheck Chronicles post That Mortgage Isn’t Going To Save Your Taxes was a highlighted inclusion in the Carnival of Personal Finance hosted by Daniel at Sweating The Big Stuff.

What Is Income Tax Withholding And Why You Want To Get It Right was selected for the Festival of Frugality hosted at Squirrelers.

About the Author

Kate Horrell
Kate Horrell is a military financial coach, mom of four teens, and Navy spouse. She has a background in taxes and mortgage banking, and a trove of experience helping other military families with their money. Follow her on twitter @realKateHorrell.
  • Kate,

    Thanks a million for the link.


  • Wenchypoo

    Just so your readers know–the article was in response to the Illinois State Food Stamp challenge. The state food stamp bureau challenged people to live on their average $30/week food stamp allotment for just one week and chronicle the results on their website. After some careful thought and much analysis, that response is what I came up with. It can be done, and can even be done for less than $30/week.

    I managed to make a food list of organic items I would buy in my own favorite health food store, and got it in under the $30 limit. Conventionally eating from the same list should only cost about $20/week at most.

    As the article states, choosing health over variety and tongue-pleasing will allow you to do the same.

    Needless to say, I don’t think there will be any more food stamp challenges coming from Illinois or anywhere else–now that I’ve shown the world how to get the job done, more will attempt to do it (and without the need for food stamps)!