Comments on: Moolanomy’s Financial Success Plan, Introduction

By: Weekend reading for investors: 2/05/09

Weekend reading for investors: 2/05/09 — Sat, 06 Jun 2009 10:39:57 +0000

[...] is creating a new financial success plan as a way of helping readers find the good stuff on his site. (I should spend a weekend doing [...]

By: Dollar Frugal » Blog Archive » Carnival of Wealth, Money and Life - May 9, 2009

Sun, 17 May 2009 04:11:34 +0000

[...] presents Introduction To Moolanomy’s Financial Success Plan posted at Moolanomy, saying, “A simple recipe to help you achieve your financial [...]

By: Carnival of Cashflow Consciousness #1 - “Rags to Riches” Edition | MoneyEnergy

Mon, 04 May 2009 08:57:20 +0000

[...] Moolanomy explains the age-old Cash Envelope Budgeting System – and shares a video about it too! After reading that, be sure to read the Introduction to Moolanomy’s Financial Success Plan. [...]

By: Robert Skladany

Robert Skladany — Thu, 30 Apr 2009 16:55:13 +0000

Pinyo,
Thank you for your good work. I direct all research activities here at RetirementJobs.com, a website dedicated exclusively to employment and financial matters for people age 50+ and I find your comments, and many of those providing feedback, to be reasonable and responsible. Please keep up the good work.

By: Pinyo

Pinyo — Wed, 29 Apr 2009 15:55:29 +0000

@tom – Please keep in mind that this is the first post in the series. I am planning to reorganize most content on my site as well as adding new content to expand and elaborate on each point. When I am done, this will be a table of content that leads to possibly hundreds of articles.

@Dawn – Good thought. I was thinking about that and I should include clarification up in the introduction somewhere. The first 4 steps should be the priority, and yes, it doesn’t hurt to do step 6 from the beginning to pay down your debt and build up your emergency fund faster. Also steps 5 through 8 can be started concurrently since they are all ongoing processes. Thank you.

By: Dawn

Dawn — Wed, 29 Apr 2009 14:31:08 +0000

I like your plan, but just a one thought – it is possible to do these steps out of order or even simultaneously. For example, if you earn more money you can use that towards getting out of debt. Protecting your finances against risks, should include where you stash that emergency fund.

By: tom

tom — Wed, 29 Apr 2009 13:48:51 +0000

I think it lacks quite a few important details for this plan.
Each step needs to go into further detail especially the primary steps where you are battling your bad habits and learning new ones.

By: Sherin

Sherin — Wed, 29 Apr 2009 13:39:09 +0000

It seems like a well plan and have settled well with the same. Proper combination Budgeting + Debt management + Investing is the back bone and the rest as supporters for the plan. Nice to see the personal experience here and I am sure this will be helpful for lots of readers.