Living Rich by Spending Smart: How to Get More of What You Really Want

Living Rich by Spending Smart: How to Get More of What You Really Want

By: Gregory Karp (author)Paperback

1 - 2 weeks availability


As The Millionaire Next Door revealed, and millions of Americans now realize, building wealth isn't just about working harder or what you choose to invest in: it's about spending smarter. Now, award-winning Tribune Company personal finance columnist Gregory Karp shows how to do just that. This book isn't about depriving yourself: you don't have to become a "financial anorexic," and you won't have to start dumpster diving! Instead, Gregory Karp shows how to build real, long-lasting wealth by plugging the money leaks you're barely even aware of, and making sure you spend with a purpose. Drawing on everything he's learned writing his prize-winning weekly column, Karp reveals surprisingly painless, little-known techniques for eliminating wasteful spending in every area of your financial life. Karp shows how to spend on what you really care about, not what you don't...understand the real value of comparison money in giving gifts without becoming a cheapskate. Karp shows how to slash your phone bill...spend less on food without changing what you like to eat...eliminate spending leaks in insurance, education, entertainment and beyond. From the clothes you wear to the cars you drive, Living Rich by Spending Smart will help you build a life that's truly rich, because it's truly financially secure.

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About Author

Gregory Karp is an award-winning, nationally published newspaper journalist. Greg's column, "Spending Smart," is consistently among the popular personal finance columns in Tribune Co. newspapers each Sunday. In 2006 the column was named Best Column by the Society of American Business Editors and Writers. Greg's writing regularly appears in such newspapers as the Chicago Tribune, Newsday, Baltimore Sun, Hartford Courant, Orlando Sentinel, and Allentown (PA) Morning Call. It also appears on the Web sites of such television stations as WPIX in New York, WGN in Chicago, and KTLA in Los Angeles. Greg often writes family money stories for Better Homes and Gardens magazine. He's a frequent guest on the morning show, Good Day Philadelphia, and appears weekly on RCN-TV in the Lehigh Valley, Pennsylvania. He maintains a blog at Greg lives near Yardley, Pennsylvania, with his wife and two sons.


Introduction: The Spending Smart Philosophy xiv Chapter 1 Financial FITness: Whacking the Worst Offenders 1 Stockpiling Food for Savings: Bodega in the Basement 3 Coupon Clipping Conundrum: Hassle or Goldmine? 6 Dining Out: Celebrations Versus Poor Meal Planning 9 Life Insurance: It's Your Money and Your Life 12 Home and Auto Insurance: Don't Pay Too Much 16 Phone at Home: Pay Less for Your Landline 19 Wireless Mobile Phone: Don't Let Them Cell You a Bad Plan 23 Chapter 2 Know Thine Enemy; It Is Us: The Problem Between Our Ears 27 Smart People, Dumb Spending: Fire the Accountant in Your Head 28 Evaluating Value: Psychological Income 32 Impulse Spending: Harness the Urge to Splurge 34 No Excuses: The Lies We Tell Ourselves 37 Money Personalities: What Type Are You? 39 Shopping Addiction: "Shop Till You Drop" Ain't Funny 43 Chapter 3 What a Waste!: Pet Peeves and Hot Buttons 45 Bottled Water: Tap into Savings 46 Junky Insurance: Extended Warranties and Other Insurance You Don't Need 49 Timeshare Vacations: The Worst Real Estate Deal Ever 52 Smoking: Your Money, Up in Smoke 54 Ink-Jet Cartridges: Refill Rage 57 Lottery: Winning the Jackpot Isn't a Financial Plan 59 Textbooks: Get Schooled in the Alternatives 60 Hybrid Vehicles: Have a Nonfinancial Reason for Buying One 62 Greeting Cards Discarded: Special-Occasion Cardboard Rethought 64 Chapter 4 The Big Picture: Strategies for Spending Smart 67 Comparison Shopping: What's a Good Price? 68 Tracking Spending: Forensics on Your Finances 71 Rules of Thumb: Benchmarks for Spending Smart 74 Buying Tactics: When the Price Isn't Really the Price 77 Curse of Automatic Payments: Monthly Commitments Will Haunt You 79 Buying Used: Secondhand Gives You a Leg Up 81 Spending Windfalls: Don't Blow It 84 Membership Has Its Privileges: Savings by Association 86 Shopping Online: Geek Your Way to Savings 89 Chapter 5 Around the House Everyday Spending 93 Running Hot and Cold: Keep Your Bought Air Indoors 94 Gasoline: Fuel Savings with Better Mileage 98 Television: Tune In to Savings 100 Pets: Don't Let Fido Sink Your Finances 104 Prescription Drugs: Just Say No to High Prices for Meds 106 Library: Free Stuff Galore 109 Compact Fluorescents: See the Light 111 Lawn and Garden: Grow Your Savings 114 Eyeglasses and Contact Lenses: See the Price Difference 117 Clothing: Better Duds for Less 120 Chapter 6 Financial Foolishness: Overspending for Financial Services 123 Bank Accounts: Don't Pay Anyone to Hold Your Money 124 Credit Cards: Play the Game Right 127 Credit Cards II: Advanced Tactics 130 Debt Reduction: Finish Paying for Your Purchases 131 Index Mutual Funds: You Can't Beat 'em, So Join 'em 134 Identity Theft: What Protections are Worthwhile? 137 Chapter 7 That Time of Year: Seasonal Strategies for Spending Smart 143 Back to School Spending: School Daze 144 Holiday Spending: Ho, Ho, Ho. Where'd My Money Go? 146 Valentine's Day on the Cheap...Without Ending Up in the Doghouse 148 Tax Preparation: Frugal Ways to Pay Uncle Sam 151 Wedding Gifts: An Invitation Is Not an Invoice 154 Kid Birthday Parties: Rein in the Ridiculous 155 Amusement Parks: Costs Shouldn't Take You for a Ride 157 Vacation Accommodations: Hotel Versus Home Rental 159 Chapter 8 Life Happens: Big-Ticket Infrequent Spending 163 How Much Car Can I Afford?-Less Than You Think 164 Why Buy Used? You're Not Buying Someone Else's Problem 167 How Much House Can I Afford? Don't Be "House Poor" 170 Moving Costs: Getting Your Stuff from Here to There 172 Wedding Spending: Like Marriage, It's About Compromise 174 College Tuition: The Two-Year, Two-Year Plan 178 Divorce: Spending Less on Splitting Up 181 Hospital Bills: Rampant Mistakes Are Sickening 183 Funerals: Try to Bury the Pain and Guilt 185 A Final Thought: Buying Happiness 189 Index 195

Product Details

  • publication date: 23/01/2008
  • ISBN13: 9780132350099
  • Format: Paperback
  • Number Of Pages: 224
  • ID: 9780132350099
  • weight: 318
  • ISBN10: 0132350092

Delivery Information

  • Saver Delivery: Yes
  • 1st Class Delivery: Yes
  • Courier Delivery: Yes
  • Store Delivery: Yes

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