Time flies! It’s a bit unbelievable that my nephew is going to be teenager soon.

He is now as tall as I am. I thought it’s my sister’s husband who was standing beside my sister the other day when I met them in the mall.

Apparently it’s my nephew who had grown so much taller. He accompanied his mom to meet me at the shopping mall to buy office supplies.

I am glad that my sister has already started teaching his eldest son on saving money. She wants all her kids to be good at budgeting, saving money and spending money wisely.

Ya, right. Don’t be like me, still loaded with tons of credit card debt.

Some of my blogging pals who have had enough of frugal living are spending again. Oh, dear, this is dangerous, right?

They must have felt strangled or deprived by the frugal living that they quit whatever grocery, clothing, and concerta coupon clipping that has been saving them lots of money.

Spending again means that there will be new debt added into their existing debt amount.

It’s my hope that they get to stop their impulse spending before it’s too late. They will surely feel guilty after the shopping season is over.

Seeing how much money a buddy has to spend on buying diabetes test strips, diabetic supplies, catheters and wound care supplies for her ailing parents month after month makes me realize the importance of keeping my mom healthy.

My mom has to be healthy, so do hubby and I. Keeping ourselves healthy and fit does mean saving money on medical bills and supplies.

It’s true what the ancient poor people said, “It’s better to die than being sick if you are poor.”

Hubby’s friend’s friend had recently hung himself after his family finished all their savings on treating his terminal cancer. He loved his family very much but still chose to die because he didn’t want to burden the family.

Seeing the gold price hiking day by day, I feel like investing in gold ingots. Imagine if I keep the gold ingots until I reach my retirement age! Wow… I am sure I will have a blissful old age.

It’s true that I am still loaded with credit card debt. But I can still save some money aside to invest in gold ingots or trust funds.

Besides saving money and exercising strict control on spending, I must build up more niche blogs to make money online. I have had 2 dozens of multiple niche blogs that sell Amazon, Click Bank and Commission Junction products.

Hubby and I have been in the city for a few days. We are going home tomorrow and will be back in the city again next week.

I am grateful that my aunt lets me and hubby stay at her place. This way we don’t have to stay at a hotel. Hubby is doing the foot reflexology treatments for free for my uncle and it’s going to take more than a month, therefore staying at a hotel is out of the question.

Besides saving money on hotel accommodation, we also save money on foods. My aunt’s house is full of foods and fruits, so there is no need for hubby and me to waste money eating outside.

Hopefully, the money saved can be used to pay off credit card debts and utility bills. I don’t think there is spare money for me to buy one of my favorite digital cameras for the time being.

For those who are looking to buy a home, decreasing rates is certainly a good thing. While mortgage rates aren’t directly linked to the Federal funds rate, they do generally follow over time. Of course, lower mortgage rates mean you can get into the house you want while saving money on interest.

One thing to be careful of is that you don’t increase your budget to simply get into a bigger house than you need. Just because lower rates mean lower payments, you should use this as an opportunity to save money, not as an excuse to buy more home than you need.

If you already own a home and purchased it when the rates were a bit higher, this could be an opportunity to refinance. Even being able to shave a point off of your mortgage rate could mean freeing up an extra couple hundred dollars a month.

If you do decide to refinance, make sure you compare the savings with the potential fees and expenses associated with the refinance to make sure it is actually going to save you money.