The 0.1% Rule: Why We No Longer Fight About Money

Like most couples, my wife and I used to fight about money. Either I was complaining about her spending, or she was complaining about my spending. Actually, I used to do more of the complaining, but marriages are about equality, so who’s counting, right?

But that was a long, long time ago. Now, my wife and I think it’s ridiculous when we see or hear other couples fight about money. Don’t get me wrong – we fight about a lot of things. Just not money. Actually, let me correct that. My wife yells at me a lot. Then I grovel and apologize. Is it still called fighting when one side utterly and completely surrenders?

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You Don’t Deserve a Vacation

If you’re in a lot of debt and trying to get out, you don’t deserve a vacation. You deserve to eat, have a life, and even treat yourself to something special every once in a while, but you don’t deserve a vacation. Why? Because vacations are getting ridiculously expensive, especially when you have a family. And because when you go into vacation mode, you loosen up the budget strings, meaning you’ll set yourself back months in your quest to reduce debt. But if have been good about saving, here are some tips to get the best vacation deals.

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Tracking Expenses Is More Important Than a Monthly Budget

I love tracking my expenses. I tried to name my first born Excel, but my wife wasn’t on board with that. I’m a finance guy that looks at income statements all day, so it just makes sense to me. It’s so important to track your expenses because you need to know how much money is going out the door. Most people know how much money is coming in through their paychecks, so doesn’t it make sense to know how much is leaving? This is why tracking expenses is more important than a monthly budget.

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