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Sunday Roundup

Eye of horse.
Image via Wikipedia

My girls have been riding in horse shows lately.  Sometimes, it seems like that’s all we’ve been doing on the weekends, but they love it.  My wife’s favorite hobby now matches my daughters’ favorite pastime.   As a bonus, we’ll never have to paint their room again, with the way they are accumulating ribbons.

Best Posts

It is possible to be entirely too connected.

My life is now complete.  It’s possible to buy 95 pounds of cereal marshmallows for just $399.   Breakfast at my house just got perfect.

I wholeheartedly agree with Tam, “You don’t need to make any excuses for crashing things into each other at the speed of light in an underground tunnel longer than Manhattan that’s had the air pumped out and been chilled to a couple degrees above absolute zero. That doesn’t need a reason. “

Carnivals I’ve Rocked 

Credit Cards: My Failed Experiment was included in the Best of Money Carnival, the  Carnival of Wealth, and the Totally Money Blog Carnival.

My niche site article on how to Make Extra Money with Keyword Research was included in the Totally Money Blog Carnival.

Thank you! If I missed anyone, please let me know.

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Financial Blogger Conference

Three days, 800 miles, and 18 sessions later, I am back from the Financial Blogger Conference.

Here’s the breakdown of my spending:

The conference itself: $67

Breakfast on Friday: $8

Lunch on Friday: $19

Lunch on Sunday: $10

Gas: About $160

Hotel: $182

Tips to the bartender: About $10

That brings the total to $456.    The hotel cost is really an opportunity cost, because my rewards card will be reimbursing from my accrued miles.  Actual out-of-pocket cost: $274.

What did that money get me?

First, I got to meet a lot of the bloggers I read every day, including a lot of my fellow Yakezie members.   That’s invaluable.   

I got to spend three days meeting other bloggers, and learning how they operate.  I got to hear how they manage Twitter, how often they post, what they do, and how they do it.  Phenomenally valuable.

I got to spend 2 days learning better ways to do this whole blogging thing, by listening to some of the biggest names in the personal finance blogging world.   That’s a value that you’ll have to judge for yourselves over the next few months as Live Real, Now evolves.

From a purely financial perspective, was this a good spend?  Probably not.  I spent $274 to get intangibles that won’t pay my bills or put food on the table.  There is certainly an argument to be made that this was a waste of money.   However, I strongly believe that those intangibles will prove far more valuable than any other way I could have spent that money.   Using simple math, I may have wasted that money.   Looking at the long-term value, it was definitely worth the time and money.

I will be going back next year.

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Crying is for Winners

Have you ever seen a kid come off a wrestling mat, crying his eyes out because he lost?

Wrestling Sideways - Really
Wrestling Sideways - Really (Photo credit: Creativity+ Timothy K Hamilton)

Often, that kid will get told to be tough and stop crying.

That’s wrong.

I’m not opposed to teaching kids not to cry under most circumstances, but just after an intense competition, I love it.   It’s the best possible sign that the kids was pouring his soul into winning.   It means he was trying with everything he had.

It means he is–or will be–a winner.

When a kid, particularly a boy in a tough sport, is crying, you know he’s going to try harder and do better next time.

For all of the “tough guy” ability it takes to succeed as a wrestler, I’ve never seen another wrestler teasing the crier.   They’ve all been there.    Wrestling is a team sport, but you win or lose a match on your own.   When you step out in front of hundreds of people and spend 3 to 6 minutes giving every ounce of everything you have to give, only to find it’s not good enough, you’ll often find you don’t have the final reserve necessary to control your emotions.

This is different than a kid crying because he lost a game, just because he lost.   Some kids feel entitled to win anything they do, regardless of the effort they put it.  That’s also wrong.

Crying at a loss is okay after putting in maximum effort and full energy, not because the dice went the wrong way.

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The Game of Thrones Guide to Personal Finance

The Game of Thrones series was something I tried to avoid for a while as an HBO-hyped soft-core way to steal an hour of an audience’s life every week.

Pedicab in the form of the Iron Throne from th...
Pedicab in the form of the Iron Throne from the HBO fantasy TV series "Game of Thrones", San Diego Comic-Con 2011 (Photo credit: Wikipedia)

Then I read the first book.   Within minutes of finishing it, I downloaded the second, followed by the rest.

I haven’t seen the show, but I have read all of the books.   If you are into court intrigue and gratuitous sex and violence, you’ll enjoy the series.

If you aren’t into those things, you can still pick up some good financial lessons from the series.

 Everything you care about will die.

You may not have to worry about your son shooting you in the stomach with a crossbow, or your foster-son burning your castle down while you’re away, but bad things happen.    Your company will close or your car will break down or your refrigerator will die.   Allow me to repeat myself:  Bad things happen.   Prepare for them now.

What will you do if one of your appliances break, or your kid needs braces?   After the emergency is the wrong time to start thinking about it.

 Money solves a lot of problems.

If you’ve got some money set aside, whether it’s a repair fund, and emergency fund, or just a mayonnaise jar full of cash buried in the backyard, it’s going to help you survive life’s little upsets.   You don’t need enough to buy an opposing army’s loyalty, just enough to get you through whatever financial emergency is currently rocking your world.

 You can’t buy loyalty.

Even if you sell your sister to the barbarians in exchange for their fighting prowess, you can’t rely on that.   Don’t think that buying a car for your kid is a good replacement for spending time with her, or that a fancy vacation can take the place of regular, meaningful conversations with your wife.   Money solves a lot of things, but it can’t take the place of actually being there for your loved ones.   Your presence means more than your presents.

It all boils down to this:

 Bad things happen, but you can protect yourself with a combination of money and meaningful relationships.

 

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