The Dime Roll: 4 Money Lessons from Pro Athletes and More

June 7, 2013

This week we scoured the web and found a treasure trove of great blog posts covering everything from the benefits of renting to money lessons that pro athletes can teach us. Check it out.

Money Saving Tips:
How to Save on Running Shoes, Gear, and Events by Glen Craig on Free From Broke
Now that the weather is warm enough to exercise outside, it’s the perfect time to dust off those running shoes and start a routine. Running is already a low-cost way of staying in shape, but these tips will help you save even more.

7 Best Ways to Save Money on Your Water Bill for 2013 by Charlie on Three Thrifty Guys
Aside from skipping showers and letting your lawn survive on sporadic rain storms, I didn’t think there were many creative ways to save on water. But this post has a few tips that not only make sense, but would be relatively easy to implement.

The Hidden Savings in a Rent Payment by Jeffrey Steele on Five Cent Nickel
A lot of people tout the benefits of owning your own home, but what about the benefits of renting? There are plenty of reasons why renting saves money, time and frustration, and for some, it might just be the better option.

Money Management:
4 Money Lessons from Pro Athletes by Claes Bell on Bankrate
Despite earning 7-8 figure salaries before the age of 30, many pro athletes find themselves bankrupt when they’re forced to stop playing. The amount of money might be more than the average person expects to make in a lifetime, but the financial lessons are still the same.

Can You Afford to Save Another $25 Each Week? by Chuck Saletta on Daily Finance
The amount it takes to fund 20+ years of retirement might seem staggering, but when you break it down into yearly, monthly, or even weekly amounts, it suddenly becomes doable. This post looks into what an extra $25 per week would give you come retirement.

We’re Separating – What Happens to Our Credit Card Debt? by Kimberly Rotter on DebtRoundUp
Relationships – especially the potential ending of relationships – can make anyone’s financial situation far more complicated and sticky. That’s why it’s essential to know what you are responsible for and what your partner (or ex-partner) is responsible for.

Food For Thought:
How I Finally Faced My Weight and Debt Problems by Leo Babauta on zenhabits
If you’re struggling with a mountain of debt, you certainly are the first and you won’t be the last. Sometimes all it takes to gain a little perspective and put a plan in place is to hear someone else’s success story.

Sometimes Less Really Is More by Donna Freedman on Money Talks News
Sometimes living a frugal or money-conscious lifestyle just helps you to get more in touch with the non-monetary things that are important, and the other things no longer seem to matter.

This Week on The Dime: 
Delayed Gratification and Your Financial Future
Entertaining Summer Guests in Colorado for Less
To Upgrade or Not to Upgrade: Weighing Car Maintenance Costs
Discount Duds: How to Save on Clothes