My wife shared a link with me this evening that looks pretty interesting. It’s a coupon and discount site called Groupon, but it’s more than just coupons. It’s a marketing tool as well and the idea is to swarm a location or establishment with business. What company wouldn’t want that kind of attention?!

With coupons, you did like I did tonight and save a few bucks on a variety of different grocery items. Groupon let’s you save real money on some really great stuff that you’d like to do, but you didn’t want to spend the full price on it to …read more

Following on a little bit of a pattern, I keep coming across some great websites that are focused on the topic of saving money and improving your financial situation. The Inexpensively website is a blog network of bloggers focused on living inexpensively.

A friend of mine has recently started blogging as The Queen of Free and she’s knocking it out of the park for being a new blogger. There’s a focused niche of people that are really on fire in this arena and the Inexpensively website puts many of them together into a network and brings you the best of their …read more

Image: Screen grab from Popular Mechanics website by Jason Bean
Here’s another online contest where you could win $250,000 to pay off your mortgage. In economic times like these, getting rid of that house payment would really come in handy wouldn’t it?
Just to give you an idea of the scale, that $700B bailout we all just paid for would have been enough money to award $250,000 to 2,800,000 homeowners. I’d say that would have helped the economy a bit too. That would have been an Extreme Financial Makeover: Home Edition.
Since that didn’t happen, the next best thing is to enter …read more

With the future economy situation staring us in the face, I can tell you one thing, figuring out how to educate my kids on a couple of different things:

Teach them how to not make the same mistakes that I have as a child, teenager, college student and now an adult.
Teach them how to be flexible and understand how to adjust what they know and learn to the current financial situation.

I came across this article from GreatSchools entitled "Smart Money: Seven Ways to Raise a Financially Literate Child".
Some of these items may be obvious, others may share a nugget of additional …read more