You’re Killing Your Wealth: 8 Simple Truths Sabotaging Your Finances

You’re killing your wealth. Got it?

Wait. Let me back up.

killing your wealth I wanted to write this post as a list of the top 5 to 10 things you need to do to become wealthy. Then, I realized that writing something like that isn’t going to help anyone. Sure, it’s nice to think about building wealth and day dreaming about how that might look.

But, in reality, most of us aren’t even close to that reality. It’s a pipe dream.

We want to blame the government or our upbringing. Maybe we blame our boss for making us slave away at a job when we rather be building a business. Or, hell, maybe it’s just the fact that we now have a ton of responsibility in terms of mortgages, student loans, credit card debt, and raising a family.

Regardless of what you want the reason to be, you are the reason you’re killing your wealth. There, I said it. You are killing your wealth.

Rather than bore you with some long introduction, I’m just going to be frank with you. For whatever reason, I’m in that type of mood as I write this.

So, here it goes.

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What We Can Learn From People with Bad Credit

Do you know people with bad credit? Do you happen to have bad credit yourself?

people with bad creditWe often discuss here the concept of mindset.  Run The Money was founded with the idea that it takes the same degree of discipline, mental toughness, and personal growth to succeed in both personal finance and living a healthy life.

I once saw a blog post or comment (can’t recall the source) that equated being in debt with being overweight.  You’re in the hole with your money and you’re in the hole with your weight.

Well, if that’s the case, then think of your FICO score as your financial weight.  Instead in this case, the higher the better!

In a recent U.S. News and World Report survey of 1,500 people with credit scores under 640, 35% of the respondents said they don’t do research before applying for a new card. While this might not be earth-shattering news, it does give a glimpse into the mindset of people with bad credit.

Rather than look for credit cards that charge lesser interest rates or have better terms, they don’t do anything. Then again, it’s not like those who do any research are hitting it out of the park. U.S. News also found that 60% of people spend “less than an hour researching fees, interest rates and terms and conditions when applying for a new credit card.”

WTF? Seriously? No wonder they have bad credit, right?

The survey findings give us a chance to delve into the mindset of these individuals. Bad credit comes from bad habits. So, I think it’s important to explore this and see what it can teach.

There’s always hope I believe. But, it comes at a price. That price is education, failure, correcting course, and putting in the hard (but very necessary) WORK.

Let’s explore this more deeply. Shall we?

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2017 Hardest Cider Run: 5 Reasons You Must Join Me on August 5th in Biglerville, PA

2017 hardest cider run

Have you ever participated in the Hardest Cider Run? How about joining me for the 2017 Hardest Cider Run?

I haven’t had the privilege yet either, but I’ll be there on Saturday, August 5th, 2017 in Bigerville, PA. The 5K will be held at Hauser Estate Winery, home of Jack’s Hard Cider.

Get this – the Hauser course is the HARDEST course in the Hard Cider Run series. We can expect “varying terrains, sloped vineyards, and, of course, ‘The Hill’,” according to their website. Sounds like a fun challenge to me on a Saturday morning!

Oh, I forgot to mention that you can choose between the Standard 5K or the Hungry Apple 5K options. The first one comes without donuts and the second one comes with donuts … at every mile. So, hey, the Hungry Apple option is a great idea especially if you decide to walk part of the course. Get a little sustenance as you continue on the trail!

Well, I got the preliminaries out of the way. Allow me to give you the highlights of why you want to join me if you’re in the Biglerville, PA area.

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Back-to-School Buying Guide: Top 5 Items to Save Money on This Year

Back-to-School Buying Guide

The summer always seems to go by so fast these days. Once the middle of July rolls around, you’re probably already seeing the “back-to-school” sales being advertised. As a kid, we all hated this of course. But, as parents today, it’s essential to know what’s on sale and that’s why I put together this Back-to-School Buying Guide (with our affiliate links).

I compiled a list of the top 5 items on your back to school list that should be purchased one time. That’s it. Buy it once and these items should last. Well, within reason of course.

According to the National Retail Foundation, families with elementary to high school kids will spend an average of $687 in back to school purchase. Yes, that’s right — $687! That’s insane.

While it may not work for every item (I get it, pencils break and kids grow out of shoes), you need to be on the lookout for simple ways to save. And, if it requires a bit of investment now to save money later, do it if you can afford it!

I included links to products from Amazon, Target, and Jet below for your convenience. See which products work for you and let me know how you make out! I want to hear how much you’re saving and what your kids enjoyed.

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16 Songs on NFL Players’ Workout Playlists

NFL players' workout playlistsWhat’s on NFL players’ workout playlists? That’s a question many football fans have it seems. We enjoy having a connection with our ‘heroes’ and it can be exciting to share a common bond (no matter how small).

In that vain, I did a little research to find some of the top songs on NFL players’ workout playlists. We have the likes of John Jenkins, J.J. Watts, D.J. Fluker, Audie Cole, Richard Sherman, Terrance Knighton, Von Miller, Brandon McManus, Dane Fletcher, Chandler Jones, and even Russell Wilson and Tom Brady.

Now, picture this. You’re in the off season or training camp, pumping iron or doing conditioning runs. Or you’re about to come out of the tunnel to thousands of screaming fans on any given Sunday.

Pick that song below that will pump YOU up!

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31 Life Hacks to Save Money Quickly

How would you like to save $1,000 fast?  We are all looking for ways to save more money to fund family trips, our own retirement one day, and the kids’ college fund. That’s why today I’m sharing some life hacks to save money quickly. These are things we all can do to bring in extra money or stop spending money in certain areas.

life hacks to save money quicklyBefore we dive in, tell me if this sounds anything like you. You’re constantly trying to pay the bills and have just enough to cover the necessities each month.

Your monthly visitor, the credit card bill, loves dropping by or sending you emails to remind you how long you will be BFFs.   Student loans continue to be an albatross around your neck and there really is no end in sight.

Sure, you want to save money and put your family in a better financial position, but every time you get a little momentum, SOMETHING ELSE goes wrong. And it’s … here we go again!

I get it. I know it sucks and I’ve been there countless times.  Heck, Anna and I still run into problems and struggle with our budget.  I’m right there with you and I’m by no means perfect.

That said, I have learned a thing or two about saving, budgeting, and making money. So, let me share some of those ideas, tips, techniques, and methods with you.  This is not an exhaustive list, so if you want to chime in please do so in the comments.

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10 Best Half Marathons in the United States

As I considered writing about these top 10 best half marathons in the United States, I knew I had to recommend some that I ran.  I mean if I just threw up a list of a bunch of races that I had no experience with, what fun is that?

10 best half marathons in the united statesInstead, I’ll confess upfront that I ran the Blue-Gray Half Marathon in Gettysburg in 2016, the Trenton Half in 2015, and the Delaware Canal Half was the one I actually trained for the first time in 2014.  As for the Philly Half, I didn’t run the half marathon course, but I did run the marathon course.  So, there are similarities.

What I believe you will enjoy about these races listed here is that they have a mixture of beautiful scenery, a challenging course for runners of all ability levels, and just a fun racing atmosphere.  It is races like these that you train to begin with.  The energy level on race day at these events makes you feel like a true athlete (and that’s because you are).

Now, let’s just right into it.  Here are the top 10 best half marathons in the United States of America according to yours truly!

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The Time I Blew My Grocery Budget, and What I Did About It

Hello, Run The Money fans.  I have a very interesting guest post from Lauren Rilling this week.  She blew my grocery budgethas such amazing insight that I asked her back two weeks in a row!  Lauren discusses “that time I blew my grocery budget” as she was trying to eat healthier to decrease inflammation in her body. I could’ve pushed this post until next month, but it has such great information and advice that I really wanted to get it to you right away.

Lauren is a personal finance blogger herself and a Dave Ramsey-trained coach.  You can check out my interview with her and visit her blog at SaveGiveandSpend.comTake it away, Lauren!

(This article contains affiliate links).

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How I Blew My Grocery Budget

Last month, I realized that my diet needed a serious overhaul. Not just an eat-less-junk-food health kick, mind you, but a total change to my approach to food.

I’m only 30 years old was diagnosed with osteoarthritis in my knees two years ago. It prevents me from doing a lot of what I enjoy and significantly limits my workout options (not that I make a ton of consistent effort in the exercise department… just being real with you guys). But anyway, arthritis? At age 30? Are you KIDDING?! (Spoiler alert: the new diet has already helped a lot!)

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Best Deals for Amazon Prime Day

It’s that time of year again!  It’s Amazon Prime Day!  And I want to share my affiliate links with you for the best deals for Amazon Prime Day.

best deals for amazon prime dayNow, I know the official start time for Prime Day is Monday, July 10 at 9 pm Eastern, but you’re missing out on some great deals right now.  And you have been since late June, early July.  But, hey, I’m here to help you catch up.

Oh, and Prime Day ends on Wednesday, July 12 at 3 am Eastern.  So, it’s like 30 hours of deals!

As a Prime member myself, my wife and I easily justify the $99 per year to remain members.  The FREE 2-day shipping alone sold us mainly because we used to send holiday and birthday gifts to family from out of town.

However, just this past weekend with Prime Day coming up, we decided to give Amazon Fresh a try.  We actually got a week’s worth of groceries for our little family for under $70.

They’re doing a 30-day trial for Amazon Fresh, so we figured let’s give it a shot.  That said, for an extra $15 per month, it more than covers the gas to get to the grocery store each week.

Anyway, you came here for the deals, so let’s get to it.  Oh, and if you’re not a Prime member, sign up for Amazon Prime now!

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Can Parents Put Children into Debt? 5 Scenarios You Need to Know

Hey there, Run The Money fans! Today, we have interesting guest post from Barbara Delinsky on the topic of how parents put children into debt. I hope I’m not guilty of any of these with my son!

parents put children into debtBarbara has expertise in personal finance and she loves to share her thoughts with her readers. She’s also written for many blogs. When not writing, she spends most of her time exploring new places, people and their culture. You can get in touch with her on Twitter @DelinskyBarbara.

Now, take it away, Barbara!

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How Parents put Children into Debt

Can parents put children into debt?

Yes, they can. More shocking is sometimes the parents put children into debt knowingly.

It might be they have no other way out than doing so and sometimes they do it with the intention of helping their children.

Here are 5 scenarios about how parents put their children into debt.

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