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The Great Bonus Execution

By Melissa Tosetti “You’ll be so proud of us. I got a nice bonus and paid off credit cards (and I got a mini fridge lol).” This was the message I received via Facebook from Jaimee, a recent client. For some, paying off credit card debt may seem like an obvious thing to do with a bonus, but for most …

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What Are You Saving It For?

By Melissa Tosetti Everyone loved my grandmother.  She was one of those people that made each individual feel special. It was her gift. A few years ago, as she became less mobile and the need for more caregiving paraphernalia increased, my mom decided to clean out the hall closet for the much needed storage. Almost everything in the closet was …

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Harvard Confirms Savvy Life Strategy

By Kevin Gibbons For the past six years, we’ve used the “snowball” approach in helping clients create a plan to pay down their credit card debt. In this method: You pay the minimum required on all your debts, except for the one with the lowest balance. For that one, you pay as much as you can on top of the …

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Being Savvy Means Knowing When to Be Flexible

By Kevin Gibbons I tend to be very methodical when making large purchases. So, when my 2004 Saturn Ion reached 407,000 miles (note: it was a travesty that General Motors killed that line), I knew it was time to start researching for my next car purchase. After years of exemplary service, the Saturn was finally starting to show its age. …

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Introducing Kevin

By Melissa Tosetti The Savvy Life is growing! I’m ecstatic to announce that Kevin Gibbons, the co-author of Living the Savvy Life  has joined The Savvy Life Team in the role of Chief Operations Officer. On a personal note, I’m thrilled to have Kevin on board because he’s one of the savviest people I know.  He understands that there’s more …

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New Year Resolution Success Stories

By Melissa Tosetti There are two topics we talk about at the beginning of any year: Making Resolutions and Breaking Them. It would seem no one is able to successfully make lasting changes. But, that’s not true. I work with clients on a daily basis who successfully transform their financial lives.  To honor and celebrate the fact that people do …

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Flying with Mike Rowe

By Melissa Tosetti It’s Sunday morning and I’m on a flight to Atlanta.  I travel a fair amount for The Savvy Life so this isn’t an extraordinary experience.  What is extraordinary about this particular flight is that just 32 rows ahead of me and four seats over, sits one of my favorite people on planet Earth – Mike Rowe. As …

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Life Lessons from Alice Cooper’s Manager

By Melissa Tosetti About a month ago I listened to an interview of Shep Gordon. Like most people outside of the celebrity world, I had never heard of him.  Nonetheless, about halfway through the interview, I decided he was going to be one of my new mentors in how to appreciate – how to relish life. I didn’t decide this because he …

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An Extra $439 a Month

I just received an email from Tim A. in Virginia who used the debt repayment plan we put together to pay one of his creditors off four months early. With the debt now paid, it frees $439 a month.  He plans to put half of the now free $439 toward the next creditor he wants to pay off.  The other half will …

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Dante’s Spending Lesson

By Melissa Tosetti Since we adopted Spartacus, we’ve been buying kitty litter in bulk at Petco.  They have a system where you can purchase a 16 lb container and then refill it for $6. The problem is that every three weeks we’re having to make a special trip to Petco to buy litter.  I try to keep my errands to …