Teaching Your Children To Live A Simpler Life

This is a guest post from Jessica Chase who writes for Organic Baby Nook website , the premium guide to organic baby products for earth-conscious parents. Organic Baby Nook features only certified-organic baby products from companies that are consistent with this philosophy.

For the longest time excess was the name of the game, but now people are thinking more about the environment, and they are considering what their choices and decisions do to the planet. This has caused many parents to instill life lessons in their children about living simply. Doing this can be a little difficult, and it only gets harder when children learn about peers that are still living in excess. Here are several things you can do to teach your child the importance of living a simpler life from a very young age.

Toy Selection

Kids love light up, foam dart equipped, robotic and not very imaginative toys. These toys do most of the work for the child, and this causes him or her to drop it rather quickly. They also teach to live in excess due to the amount of parts and resources they use.

It’s better to buy fewer toys. You should encourage your child to go outside and play, or to use his or her imagination. A few simple and traditional toys also work well. For example, building blocks and puzzles. This encourages your child to use one toy for many uses, and to get hours of fun out of it while using his or her imagination to build things.

This will teach children that they don’t need a lot of toys, and it will encourage them to do things on their own.

Good Shopping Habits

Children commonly absorb and mimic their parents in almost every aspect. One way to use this to your advantage is to show them good shopping habits. For example, if you want a new red dress, but you already have a similar one, then tell your child that you are not going to buy it because you have a similar dress at home.

Children may not completely understand this at first, but the pattern will generally carry over to when they are adults.

Encourage Purging

Children are typically encouraged to hoard. Parents tell them to hold onto toys and other items, and they learn that keeping everything is a good idea. While it is good to keep things that are necessary, your children should also learn that it is acceptable to get rid of items that you no longer need.

You should encourage your child to go through his or her toys and clothes every six months to find things that are no longer fun, necessary or needed. The items can then go to charity.

Teach Money Management

This is a way to teach your child about the value of hard work, and how to manage and make money. Give your child a list of common chores. Then tell your child that any extra chore he or she does will get them a small amount of money, or credit towards a new toy or clothing.

This will teach children that they need to work to get things, and they will also appreciate the things that they get from working. These children often want less because they are happier with the things they receive.

Have an Uncluttered House

Having clutter around the house teaches your child that it is acceptable to have a lot of things that you really don’t need. It also teaches them to hold onto items for long periods of time. It is better to have a simple house with fewer items. This encourages your child to hold onto fewer items, and they will learn that it is OK to live without hoarding.

Sponsor a Poor Child

Telling children that there are those out there that don’t have much money or things is difficult for children to understand. Sponsoring a child puts a face on poverty, and your child will learn the difference between living simply and being in poverty.

This also teaches your child the importance of helping those who are less fortunate.

Conclusion

It is important to live simply, but it can often be difficult to instill those values in your children. Just follow these helpful tips, and your child should understand why it is so important. This will also teach them values that should endure when they become adults and have their own children.

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And the Winner of Our First Give-Away Is…

Kaylan, from Thirty Two Dollars has won the $50 give-away!

Having just started blogging, hopefully the $50 Amazon Gift Certificate will give Kaylan a boost and encourage her in her blogging endeavors.  Happy blogging Kaylan!  Be sure to contact us if you haven’t received the email with the certificate yet.

 

Thanks to all of you that entered. Make sure you subscribe by RSS or Email to get notified about future give-aways as well as all the great articles we publish to help you live well while living simply.

 

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Writing for a Global Audience

Visitors to Live Well Simply come from almost every nation on earth (stats are from the last 30 days)

 

Most bloggers love to look at their ‘stats’ to see information like how many people are visiting, what they’re searching for when they come to the blog, and where in the world they’re coming from. As you can see from the infographic above visitors to Live Well Simply are no exception. They come from almost every nation on earth, apart from a few countries in Central Africa and Central Asia. Apparently Greenlanders haven’t found our blog yet either. But, with a population of only 56,000, that’s not too surprising. Besides, Greenland’s size gets an unfair representation on a flattened world map.

How to Write for a Global Audience

The majority of our visitors are from the US. So, many of the posts we write are aimed at that audience. When we talk about topics like taxes, legal issues and finances, most posts are geo-centric to America. I do try to keep in mind the folks who are from other parts of the world as I write, but as anyone who has traveled some will tell you, us Americans tend to be not only mono lingual, but also somewhat obsessed with only the things that happen within our own borders. The world is so much bigger than the US of A.  We need to keep in mind the flattening effect of the internet. For example, did you know that Asia, (not North America) has more people using the internet than any other continent? With this in mind, here are a few ways you can write for a global audience:

1.  Include Metric Measurements

The world, apart from the US, runs on Metric. As a Canadian, I got to learn both, so I’m comfortable in both worlds and can make the most common conversions automagically in my head. However, many people around the world might need to open a conversion calculator to figure out the amounts you are referring to, whether its pounds or ounces or yards. It’s a good idea to include the metric measurements in parentheses.

2.  Avoid Using Slang or Too Many Idioms

If you’re going to use these, make sure any non-Americans can infer what you mean by the context. I’m reminded of a children’s book I read back in first grade about a hippo, I think it was, looking for his friend at the city dump. Someone had informed him that his friend was ‘down in the dumps’ and he was simply looking for him there! 🙂

3.  Interpret Abbreviations and Symbols

Abbreviations and symbols are great. They help us refer to long wordy products, companies or ideas in a short succinct way. However, if you’re going to use these several times in an article you are writing, be sure to included the long version in parentheses the first time you mention it.

4.  Watch Your Dates

It’s a best practice to write the full month name instead of just numbers. Example February 4th, 2012 instead of 2/4/2012. Why? Because internationally, 2/4/2012 could mean the 2nd of April, confusing your readers.

5.  Use International English

I’m guilty of breaking all of these general rules at times and this one in particular. I love the variety in the English languages, so I enjoy trying out unusual words to add ‘variety’ to my writing. Again, if you’re going to use words, not generally used by international English speakers, make sure they can derive the meaning from the context. This will keep them reading and enjoying your content instead of having to refer to a bilingual dictionary to figure out what you’re saying.

 

How have you made your blog or website, internationally readable? Feel free to share further ideas in the comments below.

 

 

 

 

 

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Weekend Reading and Mentions #7

It’s been a great week here at Live Well Simply. Thanks to the proceeds from our sponsors, we’ve been able to host our first giveaway, a $50 Amazon Gift Certificate!

Here are a few articles that piqued my interest this past week:

Craig at MintLife talks about The Financial Impact of Divorce. The lesson? If you’re married, find a way to settle your differences and stay married. The only ones winning in divorce situations are the lawyers.

Peter Anderson at Bible Money Matters, retells his experience with a Broken AC Unit and the importance of an emergency fund.

Rich at ChristianPF covers 9 Financial Challenges Pastors Face.  I can relate to most of these points, since my dad was a pastor for most of my growing up years and definitely didn’t have it all together when it came to finances.

Corey from 20’s Finances recounts the way they Set up a Fun Budget.

 

Mentions of Live Well Simply from around the Web

The Writing Reader mentioned our article on 10 Creative Ways to Make Money in the Carnival of Creativity for June 10th.

 

That’s all folks, until next week!

 

 

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The Best Financial Calculators

In a TED talk I watched recently, Conrad Wolfram of Wolfram Research, mentioned the fact that most of us don’t enjoy math much, because in school we were forced to do it all manually instead of letting computers do the hard ‘calculations’. Math was probably close to, if not the worst subject I endured. I always wondered, “why struggle and sweat over a page full of math ‘problems’ when you can complete the assignment in one tenth the time using a calculator?”. But, I digress. Listed below are what I consider the best financial calculators I use whenever a question with a possible mathematical solution comes to mind. Whether it’s calculating a home mortgage or figuring out how much Uncle Sam will be tapping me on the shoulder for this year, there’s a calculator for every question. Feel free to bookmark this page, you never know when you’ll need quick access to one of these calculators yourself!

The 10 Best Financial Calculators

1. Home Mortgage Calculator

I know there are a lot of bank-run home mortgage calculators out there. But, would you trust a car salesman to tell you how much you could afford to pay for a car? For this reason, I consider Michael Bluejay’s inventions to be the best financial calculators on the web. As wacky as this guy seems, his math and general financial sense is dead-on accurate. Go ahead, take the calculator out for a test drive! And while you’re at it, try not to get lost in the rest of Michael’s ‘interesting’ website. 🙂

2. Electricity Use Calculator

If you were perusing the website where the first calculator can be found, you may have already run across this nifty Electricity Use Calculator. Personally I find the included commentary pretty amusing and far more interesting than most boring looking web-based calculators. Use it to figure out how much ‘juice’ your electrical ‘stuff’ uses. Our biggest electric guzzler? Central AC, of course!

3. Budget Calculator

About.com’s Budget Calculator includes the most frequently used categories found in most household budgets. Everything from college savings and retirement savings to an emergency fund and a vacation stash of cash are included. This is a great introduction to budgeting if you don’t have one already.

4. The Calculate Anything Calculator

This one web page has more calculators than you’ll ever use or even understand! They have two columns of drop down menus of calculators. In other words, oodles of number crunching beautifully computerized functions and algorithms to meet any requirement. If calculations are your thing, this is the site to go to.

5. The Mother of All Calculators

Yes, I’m talking about Wolfram Research’s Wolfram Alpha Calculator. These folks have found a mathematical equation to deal with almost every conceivable problem in our world today. I’m not sure if they’ve figured out a solution to world poverty, but I’m sure it’s on the list somewhere. If you want to try the calculator but are at a loss for what to calculate, have no fear. As soon as you click in the Googlified (not a word) search box, several suggested searches fade into view.

6. Freedom from Debt Calculator

CNN’s When Will I Be Free from Debt? Calculator helps people find out how soon or how long (depending on how cheery your outlook is) you will be free of debt. This might be a depressing calculator to use for some of us. However, better to face the facts and start climbing out of the pit, than put off the inevitable or worse yet, declare bankruptcy.

7. Compound Interest Calculator by Money Chimp

I remember using this calculator back when I was earning 5 and 6 percent on a long term CD (Certificate of Deposit) through my local bank. Those heady days of high returns are long gone, but this calculator is still useful as are the other financial calculators on the site.

8. IRS Withholding Calculator

Nothing’s sure but death and taxes, goes the old maxim. As everyone knows, Uncle Sam (if you’re in the US) gets first dibs on your hard earned greenbacks. Just how much will he take? This calculator from the Internal Revenue Service will help you find out.

9. Retirement Calculator

Unlike most generations before us, Gen Y doesn’t really plan to retire. Some of us will probably end up expatriating or getting involved in ‘alternative’ types of volunteering, mission work or some other non-traditional life activities. Why? For one thing, most of us don’t have much faith that Social Security will still be around for us when we retire. And secondly, as the world becomes flatter, there will be an economic averaging trend as Western countries battle their debt load and developing countries learn to use the research and technology from wealthier countries to give them an economic boost. It’s more complex than that, but in case you want to plan that far in the future, the Financial Mentor’s Retirement Calculator does a pretty good job.

10. HP 12 C Financial Calculator

If you’re an on-the-road salesman/estimator, or financial 101 student or maybe even an accountant (my hat is off to you already), this is THE tool of the trade. This calculator from Hewlett Packard is small enough to fit in a shirt pocket, yet complex enough to crunch numbers effortlessly with over 120 built-in functions including a register-based cash-flow analysis. This calculator is a perennial favorite among MBA students.

What Calculators do YOU use regularly? Share them in the comments below.

Posted in Finance, Lists of Ten | 49 Comments

Win $50! Our First Give-Away at Live Well Simply!

A week ago today we wrote a post entitled 10 Creative Ways to Make Money. It went ‘viral’ so to speak on StumbleUpon generating well over 40,000 visits to our humble blog over the last 7 days. We’ve decided to share the love that so many of you fellow ‘stumblers’ have shown us by re-stumbling (is that a word?) this post. A $50 Amazon Gift Card will go to one lucky winner a week from today!

How to Enter

In keeping with our blog theme of keeping things simple only 3 steps are required to enter:

  1. Subscribe via RSS or Email to our blog updates so you’ll get the latest posts and future give-away news without having to manually come back to our website. If you are already subscribed, go to step 2.
  2. Share one of our popular posts listed on your right with Facebook, Twitter or your blog.
  3. Leave a Comment below along including your email address indicating that you’ve entered the give-away.

One week from today, we will enter all the entries in this cool randomizer (spell check says that’s not a word) and whoever’s name comes up first will get the $50 Amazon Gift Certificate! We’ll be sure to announce the winner right here on LiveWellSimply.com.

 

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How the Rate of Inflation Affects our Perception of Money

Inflation is a fact of life in every country of the world. Venezuela, an extreme example, has had a record annual rate of inflation of over 20% for the last five years. Thankfully the US, which happens to be the country I call home, averages an annual inflation rate of only 2-3%. What do these numbers really mean though? And going back to the title we have to ask the question, how does the rate of inflation affect our perception of money? Let’s look at 3 key ways inflation does this.

1. The Rate of Inflation is in Continuous Motion

rate-of-inflation-pereceptionThe US Beaureau of Labor Statistics (BLS) has a massive statistical table listing the US rate of inflation (as calculated by the Consumer Price Index) going all the way back almost 100 years to 1913. As you can see (if you clicked the link), no two years are alike. Some years, like 1918, inflation was at a record high of over 20 percent, meaning the economy was booming. Further down the timeline, we see 3 consecutive years of negative inflation rate in the early 30’s which of course coincides with the great depression and a shrinking economy. Over the last 20 years, the US inflation rate has been fairly stable, never fluctuating more than 5% in any given year.

2. Inflation Cuts Into Savings

Let’s imagine for a moment that you have $100,000 to invest and you put it in a no-risk 5 year CD (Certificate of Deposit) at your local bank with a 3% rate of return. A few years ago that rate would have been considered low, but at the time of this writing, you’d be hard pressed to find a bank that would offer you that interest rate. At the end those 5 years with the interest compounded annually, you would now have $115,927.41.  Or would you? What if the inflation rate averaged 2.5% over those same 5 years? Calculating for inflation, you’d really only have $102,525.13 in inflation adjusted dollars. See how inflation plays with your mind? Now, go apply this principle to what you think you are successfully squirreling away for retirement and see what you come up with.

3. Inflation Rate and the Annual Salary

I remember in 1995, thinking $35,000 was a decent salary for a white collar worker in the Northeastern US. With $35,000 a year, you could live quite comfortably with all your needs (and even a few wants) met quite easily. Today, if you wanted to live at that same level, an annual salary of $50,000 is needed. But, in 1995 $50,000 would have sounded extravagant. The average pencil pusher didn’t make that kind of money. Let’s look at another example. In 1995, folks who made 6 figures had this aura around them. How do you make SIX figures?! Today, making six figures, especially in a two income household, is quite common. See how the rate of inflation sneaks up on us and in essence robs us?

How has inflation rate affected your perception of money?

 

 

 

 

 

 

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Weekend Reading #6

This week was interesting, here on the blog. That’s putting it mildly. I was very short of time this week and had a post on 10 Creative Ways to Make Money in the works. Rather than publish several shorter less impacting posts, I put all my time and energies into that one post. Wow, did it ever pay off! It received and is still receiving sustained traffic from StumbleUpon and has been viewed over 13,000 times so far.   🙂

Anyway, enough tooting my own horn. If people like what I write, that’s great! Now let’s focus on a couple of blog posts in the frugal living and personal finance space that I enjoyed reading in their entirety this week.

The Most Important Skill to Master by Leo Babauta at ZenHabits. Written from an Eastern mystic point of view, but good nevertheless. Just adjust it for your worldview. The majority of this tenet holds true.

The Cost of Being in Someone Else’s Wedding by Corey of Studenomics. If you’re popular in your social sphere as a young adult, perhaps a college student, then be sure to read this before you accept the position of Brides Maid or Best Man. 🙂

A reminder to Floss Every Day by Courtney at Be More With Less.  Why is this habit so hard to keep going? She’s got some great tips to make this habit stick.

Chris over at ChristianPF illustrates with a story What it Means to Be a Ten Talent Steward.

April from Get Rich Slowly shares ways to Handle People Who Try to Undermine Your Success. When you know where your going and how to get their, somehow other folks’ opinions and negativity don’t matter any more.

 

That’s All Folks! Enjoy your weekend!

 

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10 Creative Ways to Make Money

Just about everyone I know has experimented with a variety of creative ways to make money. Here is a list of 10 creative ways you can make money starting today!

1. Busking – Street Performance

Do you play an instrument exceptionally well? Maybe you’re a master juggler. Or maybe you have some other performance skill that is so unusual, people are compelled to stop and watch you. Why not get paid for it? Some of my musically talented friends did this in New York City recently and collected $300 in just 2 hours for their music school fundraising efforts. You can also read The Subway Diaries to discover the stories of musicians in NYC who do this full time.

2. Youtube Busking

You’ve probably never seen those two words together. Simply take our first idea of a compelling performance and bringing that experience online. If you impress people enough, they’ll share the video with their friends. Who knows? You could be the next viral video hit. I can already hear someone asking, “but where’s the money in it?”. Simply sign up for a Google Adsense account and every time someone views your video and is ‘forced’ to also see an ad, you make money. There are some folks who make a living from this. My favorite is a father and daughter team that sings pop music covers and posts them on Youtube. Here’s their cover of Adele’s Rolling in the Deep with… drum roll… 23 MILLION views as of this writing. 🙂

3. Etsy

A list of creative ways to make money would be incomplete without a mention of Etsy. In my mind, Etsy is like a hybrid creative version of eBay and Amazon all rolled into one chic website. You can sell just about anything hand made, handwoven, handspun, personalized, unique, chic, adorable… you get the picture. When my wife and I were looking for decorations for our wedding theme, Etsy was one of the first places we looked. We quickly found someone who was willing to make a custom personalized version of a product they were already selling just for us. No commercial wedding supply store can come close to the level of service we received. So, what are you waiting for? Sign up today and start selling your creations!

4. Wedding Planner

Why not combine your love of decor and design with your love of all things wedding? Most brides-to-be need a helping hand to plan their wedding. You could be that help. Start with your friends and after you have a few weddings under your belt and some great references, move on to planning larger venues for other folks.

5. Designing Greeting Cards

Do you love making something beautiful with glue and scissors and bits of colored paper? There are many people out there who are willing to pay for hand crafted greeting cards. When you’re first starting out, you can try marketing them through your local book store or party supply store. This is a great first job for kids. No experience necessary and you don’t even need a resume!

6. Event Videographer

Are you the family historian trying to catch on video every major milestone? Why not take that hobby and turn it into a profitable side gig? If you have a good enough camera and some decent video editing skills, you can market yourself as a wedding and event videographer. Before you take the plunge and charge for your services, you might want to try being a ‘second cameraman’ at a friend’s wedding, birthday party or barmtizvah. Once you have a few events under your belt, you can create a little video portfolio to show to prospective clients. Another idea is to specialize in specific types of events. I know someone who makes a living as a horse show videographer filming horses as they are put through their paces; then selling the video to the owners after the show.

7. Blogging Consultant

There are thousands of folks with industry knowledge from real estate to bee keeping who would love to start a blog. Most of them are unfamiliar with the finer points of blogging, though. If you’ve been blogging for a few years, why not offer your design and consulting skills to these folks? Darren Rowse of ProBlogger.net is a great example of a successful blogging consultant.

8. Short Story Writer

Since the dawn of time, man has loved stories. There are extreme examples of ancient stories such as Beowulf, which may have been shoved down your throat during a high school literature class. But, we’re not talking about writing a novel or series of books here. Just a short story full of intrigue that can be published in periodicals or magazines. I have a close relative who did this as a teenager after taking a brief creative writing course. She didn’t get rich, but the extra money helped pay for things she needed. She enjoyed writing anyway. Might as well get paid for it!

9. Article Writer

While we’re on the topic of writing, we can’t overlook one of the best creative ways to make money online. Content is king because original, quality content can’t be mass produced. It has inherent value because it is hard to generate. You can cash in on this value by writing as a freelance paid blogger,  or write articles for knowledge repositories such as eHow or Squidoowhich share advertising revenues with you.

10.   More Money Making Ideas from Around the Web:

  1. The $100 Startup – Inspiring true stories of every-day entrepreneurs.
  2. Weekend Entrepreneur: 101 Ways to Earn Extra Cash
  3. 150 Jobs You Can Start Today
  4. How to Make Your Income More Passive at Frugal Dad
  5. 15 ways to make $200 quick at Christian PF
  6. 25 Ways to Make Money Today at WiseBread
  7. Multiple Income Streams: 10 Ways to Earn Extra Income at The Dough Roller
  8. 5 Ways To Make Some Extra Money at Bible Money Matters
  9. Five Ways to Create Passive Income With Little or No Money at Genius Types
  10. 11 Great Ways to Earn More Money at Free Money Finance

Did you enjoy this article? Share it using the buttons below, and subscribe today for more great ideas!

Posted in Finance, Lists of Ten, Making Money | Tagged , , , , , | 18 Comments

Weekend Link Round-up and Mentions #5

It’s been a very busy week here at Live Well Simply. Not only on the blog, but in our personal lives as well. Summer tends to be a busy time for us.

Link Round-up

Here are some articles from around the blogosphere that have piqued our interest this week.

 

Mentions of Live Well Simply

  • In the words of MGM Studios old cartoon animations, That’s All Folks!The carnival of personal finance featured our article about Amish Habits this week. I’m just beginning to explore the world of blog carnivals. It still seems all new and strange to me. Maybe someone can enlighten me to how it all works in the comments below. 🙂
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