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That’s So Money: Summer Slacking Edition

iStock 000016945589XSmallSummer can get the best of anyone, even those of us normally considered ‘on top of it’. Something about the heat frying your brain and the long days that give you that false sense of endless time to be able to do it all later...

In any case, this time of year, I can occasionally forget to return a library book or otherwise do something that needs to get done. But financially, I have set myself up to slack by automating payments, being on a budget, and taking the time to take care of myself.

Personal finance bloggers are all about this idea of not thinking all money all the time. They slack too! Here’s some of their best advice from this past month:

 

 

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Ever Need Your Emergency Fund?

roadrash 000018043526XSmallStuff happens—and you never know when it will. I like doing charity rides on my bicycle, so this spring I started training for the Trek Across Maine. A few weeks before the event, I was in a large group of cyclists on a 45-mile loop. The day was hot and the pace casual. An experienced rider, I was in front with another cyclist. The others were a short distance behind. Suddenly my bike went out from under me!

In a flash I was down on the asphalt, taking the impact on my side. I’d never felt such excruciating pain. The group rallied around and called an ambulance. The lift onto the stretcher and the trip to the hospital were horrific. After even more pain despite the meds, I learned that I’d broken my hip.

Wait. I’m 43. Broken hips can happen later in life, but not now—right?

The Unpredictable

Discussing the accident later, my friends and I thought likely one of the large black rocks blending into the pavement caused my fall. It wasn’t anyone’s fault, just purely an accident.

Disasters can occur even when you’re doing all the right things. Fortunately, there were two main reasons I didn’t have to worry: my emergency fund and support from others.

 

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That’s So Money: Jealousy Edition

Nicole Ouellette and Alice Kaiserian are monthly contributors to the Wealth Gathering blog with a column we like to call ‘That’s So Money.’ Think of this blog as combining personal finance and social media in a fun frenzy of usefulness and entertainment.

envyBy nature, I am not a jealous person

It helps that as far as life goes, I'm pretty fortunate. I have a great support system of family and friends. I have an income which can support me. I have skills that are both economically valuable and just plain useful.On more basic levels, I have more than many people in the world which includes a roof over my head, food in my belly, a college degree, no known medical issues, and a way to get from place to place. When I turn on the tap, water comes out. I have electricity. I have never woken up wondering if my neighborhood was safe enough for me to leave my house.  

But sometimes, even with all my fortune, I get a little jealous.

As part of choosing a lifestyle, I have given up disposable income and what comes with that. I have done so intentionally but sometimes I wonder about this choice.  For example, the other day, when someone asked me what my hobbies were, I realized how lame I am: my two hobbies, reading and cooking, have been chosen because are inexpensive, useful, and something I can do on a work break.  

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