Comments on: Personal Finances – A New View

By: BigBuddha

BigBuddha — Mon, 29 Jan 2007 02:41:26 +0000

This is an excellent post, I have only just found this site and it really strikes to the core of my thoughts on money management, CASHFLOW is king.

By: MMAD Thoughts » Blog Archive » Debts Are Not Bills

MMAD Thoughts » Blog Archive » Debts Are Not Bills — Tue, 24 Oct 2006 05:33:20 +0000

[...] This is an original thought of mine… it’s a difference that I think is VERY important. Debts are not Bills…. debts are previous expenses that you are paying for now. “People in debt have cash flowed their future right into their past.”” Me. [...]

By: everySecondPaycheck.com » Scorchio, Food and Saving

everySecondPaycheck.com » Scorchio, Food and Saving — Wed, 19 Jul 2006 19:32:19 +0000

[...] I’m also cooking a lot more fresh food at home in the evenings. Again, this is saving me a fortune but I’m also enjoying the food and the process of cooking. The surprising thing about all this, and the other changes that I’ve been making to allow myself save more money, is that they’ve been relatively painless. I really thought it was going to be tougher to cut back on my spending but when I stop and think before buying something expensive now most of the time I realise that I don’t really want/need it or I can get a cheaper beutequally effective substitute. Another, more experienced blogger – Jeff at PFAdvice – has been making a similar point recently. There are some things that can’t be substituted or saved on but since I’m a lot more frugal these days I can make ends meet and afford anything that I may really want or need. [...]

By: miclason

miclason — Wed, 19 Jul 2006 14:56:40 +0000

It’s like I told Alejandra this morning, when she told me she sometimes likes expensive things: the trick is to find what you want at a lower price…

By: princessperky

princessperky — Wed, 19 Jul 2006 13:14:11 +0000

“The thing is that they cash flowed the future right into the past.”
very interesting quote!

I like the idea that you can spend smarter, without losing the ‘fun stuff’ but I do think at some point the fun has got to take a back seat to the bills.

By: Alberen

Alberen — Fri, 14 Jul 2006 23:58:11 +0000

Here is what I say- people say they just can’t pay their bills. They are stretched thin… they can’t save.

What they really mean is that they can’t pay their debt payments. If people didn’t have credit card payments they could INCREASE their current lifestyle, AND save 15% of their income.

The thing is that they cash flowed the future right into the past.

By: Retireyoung

Retireyoung — Fri, 14 Jul 2006 23:12:22 +0000

I don’t know how many times I have the “cafe late” example. “If you just stopped buying lates at Starbucks you could save a million dollars”. I can imaging people who stop going to starbucks for a while, but how many actually put that money aside.

By: Mike

Mike — Fri, 14 Jul 2006 17:22:45 +0000

That is funny (and sad) how the students think of Americans with guns and murders. I guess that if they watch any news or MTV videos, they’d definitely get that idea.

One suggestion, regarding this article in particular, would be to provide a couple of example of what you mean. Finding ways to reduce spending without cancelling services/etc. sounds counter-logical.