YOLO, smart shopping tips, love and money, money rules and financial decisions you'll regret.

1. Why “YOLO” Isn’t Worth the Fun

Frugal Rules — YOLO:  You Only Live Once. That saying is true enough, but living and spending like there’s no tomorrow can hamstring your future. Cat understands this very well. When she got married, she wanted everything — the outrageous honeymoon, a new townhouse and a “huge TV I couldn’t afford.” And she got it.

She and her husband got something else too, massive credit card debt. In this blog, she explains how the YOLO philosophy is detrimental to your retirement and why “it’s not good for your self-esteem.” She also provides an alternative philosophy — one that won’t harm your financial well-being.

2. 6 Ways to Shop Smart & Save on Personal Care & Beauty Products

Money Crashers — It doesn’t matter if you’re a man or woman — we all use personal care products and probably overspend on many of them. That’s why Ellen is sharing this smart shopping blog with us. She reveals how “examining the ingredients” and choosing the proper retail store can save money. She also gives advice on comparing prices online.

What’s really cool is she lists several products  you can buy in the $6 range. They include hair care products such as shampoos and conditioners and moisturizers and facial creams. You’ll discover that just because a product contains “exotic” ingredients and costs a bundle, doesn’t mean it works as well as the $6 brand.

3. 3 Ways Love Costs You Money When You Shop

Money Talks News — Karla found a survey that suggests people who are shopping for loved ones usually “choose higher-price, higher-quality items over equally appealing lower-price, lower-quality items.” These items range from cupcakes to cremation containers.

We’ve discussed money and love before. Let me amend that, we’ve discussed money and marriage issues. And many of those issues, such as hiding money from your spouse or refusing to discuss finances has resulted in divorce. Either way, it seems love is a costly endeavor.

 4. 5 Money Rules Every 20-Something Should Live By

MoneyNing — Connie thinks that many 20-somethings might not worry enough about money. They live by the “YOLO” philosophy. And we’ve already discussed that lifestyle’s consequences — credit card debt. But these rules aren’t just for 20-somethings, we can all use them.

The first one is “live within your means.” That’s in direct contrast to the YOLO lifestyle, which invites excess spending. The last one is “don’t compare yourself to others.” We’ve discussed this subject before. She says, “Don’t try to live up to someone else’s expectation of what life should look life.” Good advice.

5. 7 Financial Decisions You’ll Regret

Sweating The Big Stuff — Daniel’s first sentence rings true: “Financial mistakes are easy to make and hard to undo.” So before you go out and purchase a new state-of-the-art flat screen, or lease a high end car, stop and take a breath. If you don’t, you could regret the purchase for many years.

The fifth decision: “Spending money for the wrong reasons” continues our YOLO and comparing yourself to others theme. Your financial decisions should be based on what’s best for you and your future. The last one is also important: “Ignoring your credit.” Solve that issue by getting your credit report for free.

Meet the Author

Brian Bienkowski

Brian Bienkowski


Bienkowski is a contributing writer and is the face of Debt.com's 'By the Numbers' videos.

Budgeting & Saving

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Article last modified on November 22, 2017 Published by Debt.com, LLC . Mobile users may also access the AMP Version: Around the Web: Smart Shopping Tips - AMP.