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The Personal Finance Hour, Episode 20: Spending Smart with Greg Karp | Our Finance

On this week’s installment of The Personal Finance Hour, Jim and I spent the hour talking with nationally-syndicated financial columnist Greg Karp. Greg is the author of The 1-2-3 Money Plan, which I reviewed last week. We had a wide-ranging conversation about spending smart. Spending Smart One of Karp’s mottos is, “You can’t outearn dumb spending.” Some people believe they can always... moreOn this week’s installment of The Personal Finance Hour, Jim and I spent the hour talking with nationally-syndicated financial columnist Greg Karp. Greg is the author of The 1-2-3 Money Plan, which I reviewed last week. We had a wide-ranging conversation about spending smart. Spending Smart One of Karp’s mottos is, “You can’t outearn dumb spending.” Some people believe they can always just earn more money to sustain their lifetyle — but their lifestyle often grows to match the income. By spending smart, it’s possible to make the most of your income — and to enjoy life too. Karp notes that the goal of life is not to “live cheap and die loaded”. Yes, you want to save for the future and keep your eyes on things like cd rates, but you should also allow yourself to enjoy today. Karp makes room in his budget for golf and good cigars. Now that I’m out of debt, I allow [...] view page