Archive for March, 2008

Is the economic stimulus package a loan?

IRS
Photo by: saturnism

My wife is involved in a few “mommies” forums on the internet and ran across a discussion about the upcoming economic stimulus package. Many of the ladies were saying it was a loan and not really a rebate at all. I had read/heard similar things while browsing the internet as well. Before I answer the question, let’s understand a little more about the package and it’s intent:

Kids eat free at Dickeys

Kids Eat Free
Photo by: chefranden

This article is part of my ongoing Money Saving Monday series. You can read the rest of the series here. Have a tip you would like to share? Then contact me!

I’ve written about kids eat free deals before and how given we have 6 children we are the constant prowl for restaurants offering kids eat free deals. One of the restaurants we found recently is Dickeys BBQ. They offer a free kids meal with the purchase of each adult meal on Sunday afternoons. Unlike a few other kids eat free restaurants we’ve ran across, the food is awesome!

Sunday Lyrics – Amazing Grace My Chains Are Gone

Amazing Grace
Photo by: Indy Charlie

If you haven’t seen the movie Amazing Grace, I’d highly recommend it. It’s a touching story of a man who makes it is mission in life to stop slavery and how the song came to be. Amazing Grace has always been my favorite song, every since I can remember. No matter how many times I hear it, I enjoy it.

Chris Tomlin’s version from the movie Amazing Grace is particularly beautiful. You can listen to it here on YouTube. Below are the lyrics, which I am pretty sure your all familiar with :-) I hope you had a wonderful Sunday!

Joyful, Sacrificial Tithing

Stained glass
Photo by: gadl

The following is a guest post by Kevin of No Debt Plan.net, a blog about living a debt-free life. He hates debt, but isn’t afraid of credit cards. You can learn more about him over at his blog. If you enjoyed this article, you can subscribe to his blog via RSS.

If you’re reading Gather Little by Little, odds are that you may come from the Christian perspective like Gather Little by Little. This is a personal finance blog, so I have a question for the readers: Do you tithe?

Friday Gathering: Exactly 1000 subscribers edition

Heaven

I awoke this morning, like every other morning at 5:30am. Quietly sneaked downstairs, made my coffee and cereal and opened my trusty Thinkpad to read email. I’ve stopped checking my RSS feed daily as I find the fluctuations frustrating. Upon opening Firefox, I was pleasantly surprised to see my Feedburner chicklet displaying exactly 1000 subscribers!! [[insert mental vision of Gibble doing the snoopy dance in his pajamas in the dark here...ok, maybe not...]].

Why I think P2P lending is a bad idea

Money closeup
Photo by: Unhindered by Talent

The rage around money lending these days, at least in the blogosphere is Peer to Peer Lending (P2P). Services like Lending Club and Prosper enable loans between individuals, bypassing traditional loans generally provided by banks. The P2P concept in theory, allows individuals to reap many of the same rewards as banks. Unfortunately you also assume the same risks as well. Cash Money Life has a great introduction to P2P if you want to read more.

I haven’t written about P2P before, as it isn’t something I’m interested in nor would I advise my readers to consider it. Here’s why:

1 marshmallow or 2? A study on the benefits of delayed gratification

Marshmallow

While listening to the book, Crucial Conversations a few weeks back, the authors discussed a study that was done in the 1960′s by Standford University psychology researcher Michael Mischel. His study demonstrated how important self-discipline is to success.

The study began with a group of children 4 years old. He optionally offered them one marshmallow immediately, but instead if they could wait for him to return later, they could have two marshmallows instead. He left for approximately 20 minutes. His theory? The children that could wait would demonstrate they had the ability to delay gratification and control impulse, both significant and important traits for attaining wealth and being financially successful. As you would expect, some children took one marshmallow, and other children decided to wait and received two later.

You Need a Budget (YNAB) Review

YNAB

For the past 3-months or so I’ve been searching for the right software to use to manage our budget. I’ve looked at many different options and even tried using them with little success. As a result, I’ve struggled with maintaining our budget as well. I don’t need a budget, I need budget software! I’ve been using my own clunky spreadsheet. It works, but was tedious. I didn’t like the fact that it wasn’t easy to report on my various budget categories nor was I able to import bank transaction data easily.

Looking for guest posts

Invitation
Photo by: Gary J. Wood

Each Saturday I host guest articles contributed by other bloggers and even non-blogging readers. As of today, I don’t have anybody scheduled for this Saturday or any Saturday after that. If you would be interested in writing an article for Gather Little by Little, please contact me. If you’re a new blogger, this is a great way to make yourself more visible and expose people to your writing. My next open slot is this Saturday!

Eating out courtesy of MyPoints!

Olive Garden
Photo by: meandmybadself

If you aren’t using MyPoints, you’re missing out on a really easy way to get what boils down to free money. MyPoints is a service that pays you for reading emails and taking short surveys. I generally receive 3-5 emails per day and they take all of 3-5 minutes to read and receive points. My wife and I both participate.

Last week, my wife cashed in her points for an Olive Garden gift card. We started doing a weekly date night a few months back, and used the gift card to pay for most of a night out at the local Olive Garden. She used 3,450 points for a $25 Red Lobster/Olive Garden gift card.