Showcase: How To Live Below Your Means: Mastering the Art of Financial Discipline

In the Plutus Awards Showcase, the Plutus Awards team and Apex Money highlight the best financial articles, podcast episodes, and videos from around the web each Friday. To submit an items you’ve written, created, or discovered, submit a request for consideration.

Spring 2023 Grants Deadline Extended!! If you are planning a project to empower and educate your community, we encourage you to apply for a Plutus Foundation grant.

Twice per year, the Foundation makes grants to content creators providing community-based financial education and/or financial literacy programs. Also, spread the word! The deadline to submit your grant application is March 20th.

Here’s what we wanted to share with you this week.

Remembering Mom’s Money Lessons. [Margin Matter$] — “As I reflect on the life I had with my mother, here are some of the things that I remember the most regarding how she shaped my money mindset.” (Submitted by J. Money.)

Financial Seasons Yields Strategy: How the Pain Helps You to Pivot. [The Brands and Bands] — “I spent about 3-4 years living in overdraft. I moved to Texas & was still only getting paid $15/hr with a masters while I was obtaining hours. This week I just went shopping for myself for the first time in 4-5 years. Not just buying one outfit for an occasion— I went shopping.” (Submitted by Tarsha.)

What’s Your #1 Travel Tip? [Cup of Jo] – “When choosing a hotel, I go to TripAdvisor and, instead of looking at the hotel’s professional photos, look at the travelers’ photos. That way, you can get a real sense of the place. Does the pool look crowded? Are lots of kids at the restaurant? Do the rooms feel dark?” (Submitted by Jim Wang.)

How To Live Below Your Means: Mastering the Art of Financial Discipline. [A Dime Saved] — “Living below your means means spending less money than you earn. In other words, it means maintaining the financial discipline to keep your expenses under control. This way of living can help you in achieving financial freedom and stability.” (Submitted by Tarsha.)

Silicon Valley Bank: What Happened? [Stop Ironing Shirts] – “I haven’t watched something like this unfold for 14.5 years, specifically since I was sitting at a hotel breakfast as a young banker watching the news about Wachovia Bank. Fortunately, or unfortunately, I’m a bit of a nerd when it comes to banks and many people are asking me questions, so here it goes.”  (Submitted by Jim Wang.)

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