Comments on: Words of the Financially Challenged http://www.moolanomy.com/454/words-of-the-financially-challenged/ Personal Finance. Investing. Wealth Building. Thu, 09 Feb 2012 21:35:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Thrifty-I-am http://www.moolanomy.com/454/words-of-the-financially-challenged/#comment-10867 Thrifty-I-am Tue, 27 May 2008 23:12:24 +0000 http://www.moolanomy.com/?p=454#comment-10867 Oh well, I think I've just heard some lines from my friends.. And I personally don't want to hear those from them. Everytime they say those lines, I sometimes just zip my mouth or, most of the time, i would disagree and a long conversation will eventually start. Oh well, I think I’ve just heard some lines from my friends.. And I personally don’t want to hear those from them. Everytime they say those lines, I sometimes just zip my mouth or, most of the time, i would disagree and a long conversation will eventually start.

]]> By: Pete http://www.moolanomy.com/454/words-of-the-financially-challenged/#comment-10863 Pete Tue, 27 May 2008 20:39:46 +0000 http://www.moolanomy.com/?p=454#comment-10863 I use similar excuses for not exercising like you said.. hah.. great post! I use similar excuses for not exercising like you said.. hah..

great post!

]]> By: Pinyo http://www.moolanomy.com/454/words-of-the-financially-challenged/#comment-10857 Pinyo Tue, 27 May 2008 16:45:54 +0000 http://www.moolanomy.com/?p=454#comment-10857 Thanks everyone! @Frugal Babe - "People have similar excuses for not eating better or exercising." So true. I am guilty too. :-( Thanks everyone!

@Frugal Babe – “People have similar excuses for not eating better or exercising.”

So true. I am guilty too. :-(

]]> By: Benjamin http://www.moolanomy.com/454/words-of-the-financially-challenged/#comment-10836 Benjamin Mon, 26 May 2008 21:49:37 +0000 http://www.moolanomy.com/?p=454#comment-10836 I hear those comments from time to time from friends and family. However, I tend to disagree with living frugally. That is not to mean that I dislike it. To me, my personal motto that I go by is this: "I don't live below my means, I live to expand my means" While I am careful when spending, my ultimate goal is to have assets that will pay me whether I am working or not. I hear those comments from time to time from friends and family. However, I tend to disagree with living frugally. That is not to mean that I dislike it. To me, my personal motto that I go by is this: “I don’t live below my means, I live to expand my means” While I am careful when spending, my ultimate goal is to have assets that will pay me whether I am working or not.

]]> By: Jonathan http://www.moolanomy.com/454/words-of-the-financially-challenged/#comment-10811 Jonathan Mon, 26 May 2008 10:01:02 +0000 http://www.moolanomy.com/?p=454#comment-10811 I think that those of us who have grown up in the consumerism generation have yet to fully understand and appreciate the importance of frugal living. Perhaps this economic downturn isn't a bad thing as it will enable people to make do with what they have rather than always having the latest equipment or throwing things away at the first opportunity. I think that those of us who have grown up in the consumerism generation have yet to fully understand and appreciate the importance of frugal living. Perhaps this economic downturn isn’t a bad thing as it will enable people to make do with what they have rather than always having the latest equipment or throwing things away at the first opportunity.

]]> By: Frugal Babe http://www.moolanomy.com/454/words-of-the-financially-challenged/#comment-10801 Frugal Babe Sun, 25 May 2008 23:45:20 +0000 http://www.moolanomy.com/?p=454#comment-10801 This is so true. Not just for money issues, but for everything in life that can be challenging. People have similar excuses for not eating better or exercising. It's always easier to come up with an excuse than to just get started on something that you're not particularly looking forward to. This is so true. Not just for money issues, but for everything in life that can be challenging. People have similar excuses for not eating better or exercising. It’s always easier to come up with an excuse than to just get started on something that you’re not particularly looking forward to.

]]> By: Benjamin http://www.moolanomy.com/454/words-of-the-financially-challenged/#comment-10742 Benjamin Sat, 24 May 2008 08:55:48 +0000 http://www.moolanomy.com/?p=454#comment-10742 “There are just two more things that I want, and I will start saving money” I hear this one all the time! There is one individual at work that always asks me for advice. I always try to help him the best that I can. We sit down, work out a budget, talk about goals, etc. Everytime he'll go out and do something stupid with his money and then a few months later he'll come back again for more advice. This time around after our latest discussion he goes out and buys and abrand new truck for $37K!!! He tells me "oh don't worry, I'm going to keep this truck for ever, I ready to start my financial plan now!" Of course he is now so leveraged that he can barely make his current minimum payments let alone attack the principal! “There are just two more things that I want, and I will start saving money”

I hear this one all the time!

There is one individual at work that always asks me for advice. I always try to help him the best that I can. We sit down, work out a budget, talk about goals, etc. Everytime he’ll go out and do something stupid with his money and then a few months later he’ll come back again for more advice.

This time around after our latest discussion he goes out and buys and abrand new truck for $37K!!!

He tells me “oh don’t worry, I’m going to keep this truck for ever, I ready to start my financial plan now!”

Of course he is now so leveraged that he can barely make his current minimum payments let alone attack the principal!

]]> By: hank http://www.moolanomy.com/454/words-of-the-financially-challenged/#comment-10741 hank Sat, 24 May 2008 03:37:37 +0000 http://www.moolanomy.com/?p=454#comment-10741 @Sara - that's the one I always get stuck on too! We do it a lot with food and 2 kids, and it's amazing how often we hear that around here... ;) @Sara – that’s the one I always get stuck on too! We do it a lot with food and 2 kids, and it’s amazing how often we hear that around here… ;)

]]> By: Lisa Spinelli http://www.moolanomy.com/454/words-of-the-financially-challenged/#comment-10715 Lisa Spinelli Fri, 23 May 2008 11:49:24 +0000 http://www.moolanomy.com/?p=454#comment-10715 Yes- My spouse! And a few of my friends- ever notice how it's the same people that complain about their jobs that also don't manage their money they make from those jobs? Lisa Yes- My spouse!

And a few of my friends- ever notice how it’s the same people that complain about their jobs that also don’t manage their money they make from those jobs?
Lisa

]]> By: Sara http://www.moolanomy.com/454/words-of-the-financially-challenged/#comment-10709 Sara Fri, 23 May 2008 03:51:50 +0000 http://www.moolanomy.com/?p=454#comment-10709 I also like, "Well, we never treat ourselves," especially from folks who eat out every other day or have new wardrobes each month. I also like, “Well, we never treat ourselves,” especially from folks who eat out every other day or have new wardrobes each month.

]]>