4 Tools to Avoid Retail Shopping Traps

By Kevin Gibbons Have you noticed that there are some retailers, brick and mortar or on-line, where it is easy to go in, pick your items, make your purchase and leave, while other stores seem to suck you in, not releasing you until you’ve spent two weeks’ salary? Did you ever wonder why you can get in and out of …

Measuring for Change

By Kevin Gibbons A few years ago, I wrote about my experience purchasing a replacement for my trusty 2004 Saturn in the blog post: Being Savvy Means Knowing When To Be Flexible. After spending almost four weeks learning the features of my new 2015 Mustang, I’d found my favorite: the Real-Time Gas Mileage display. The Mustang has this nice graphical display …

Shop For Life

Last week I read a quote about clothes shopping that has stuck with me: Shop for life, not an event. How many times have you gone shopping for an item to wear to a particular event and ended up using it just the one time? Not only does it feel like a waste of money, but it becomes a waste …

American Pickers

The Power of Smalls

Yesterday I was on the phone with clients in Texas. They’re both professionals in their industry and they have two children in high school. The focus of yesterday’s call was on how to save time and money at the grocery store. I asked them to tell me about their current routine. They have one excellent habit already in place which …

Halloween Was Saved

By Melissa Tosetti I confess that I am NOT a naturally born organized person and procrastination is heavily embedded in my DNA.  It’s a constant fight.  But years of getting bit by my bad habits have made me vigilant about combating my natural tendencies. In late September of last year, we published in our weekly newsletter The List, the following …

5 Tips for Dealing with Social Spending

By Kevin Gibbons You’re out with a group of friends at a bar or restaurant. Everyone is having a good time. Someone suggests ordering a bunch of appetizers and another round of drinks. Without even thinking, you pipe up “I’ll get this.” Or maybe you just keep quiet, don’t say anything but mentally add up your share of the growing …

When to Spend, When to Save on Travel

By Kevin Gibbons The overlying philosophy of Living a Savvy Life is to save on the things that are not as important to you so you can spend on the things that are more important to you. As we start making plans for the fall and winter travel seasons, this philosophy bears some serious thought. For many of us, it …

How Does Your Home Environment Affect Your Personal Finances?

  Awhile back I received a message from a Twitter follower who replied to the post, “Is your home environment warm, comforting and expressive of who you are?” The reader commented that he appreciated the sentiment, but asked how it relates to money management.  It’s a great question!  How does your home environment affect your personal finances? One answer is …

Developing Money Management Habits in the Face of Chaos

By Melissa Tosetti Having worked with so many clients over the years I’ve noticed various patterns. Employees, miserable in their jobs, often decompress during their lunch hour by shopping on Amazon. However, C-Level executives miserable in their jobs, or at least highly stressed, do their Amazon decompression shopping using their phones, while laying in bed in the middle of the …

Which Comes First?

By Kevin Gibbons The foremost tenet of The Savvy Life is To Save on the Things that are not as Important to You so You can Spend on those Things that are Important. But how do you balance your income and your expenses? Do you lead the life you can afford, or do you strive to afford the life you …