Comments on: Debt Reduction – How Others Being In Debt Affects You http://www.savingadvice.com/blog/2006/08/16/10775_debt-reduction-a-new-view.html Bridging the gap between saving money and investing Wed, 25 Nov 2009 16:01:09 -0800 http://wordpress.org/?v=2.8 hourly 1 By: Carnival of Debt Reduction - Emmy Awards Edition (Ask Mr Credit Card’s Blog) http://www.savingadvice.com/blog/2006/08/16/10775_debt-reduction-a-new-view.html/comment-page-1#comment-110846 Carnival of Debt Reduction - Emmy Awards Edition (Ask Mr Credit Card’s Blog) Mon, 17 Sep 2007 05:11:54 +0000 http://www.pfadvice.com/?p=775#comment-110846 [...] A New View on Debt Reduction from Savings Advice. [...] [...] A New View on Debt Reduction from Savings Advice. [...]

]]> By: Angie Hartford http://www.savingadvice.com/blog/2006/08/16/10775_debt-reduction-a-new-view.html/comment-page-1#comment-61401 Angie Hartford Wed, 20 Jun 2007 01:04:28 +0000 http://www.pfadvice.com/?p=775#comment-61401 Remember, if the higher-ups at your workplace won't start classes, they might be willing to support an employee-led group, especially if focused on a well-known book such as "Your Money or Your Life." Even if they can't see the connection between productivity and debt-related stress, they CAN see the benefits of employees bonding, and supporting each other over non-work-related issues. I hope. Remember, if the higher-ups at your workplace won’t start classes, they might be willing to support an employee-led group, especially if focused on a well-known book such as “Your Money or Your Life.” Even if they can’t see the connection between productivity and debt-related stress, they CAN see the benefits of employees bonding, and supporting each other over non-work-related issues. I hope.

]]> By: BigBuddha http://www.savingadvice.com/blog/2006/08/16/10775_debt-reduction-a-new-view.html/comment-page-1#comment-13640 BigBuddha Mon, 29 Jan 2007 03:19:57 +0000 http://www.pfadvice.com/?p=775#comment-13640 This is a subject that I have often thought about, I work in the finance industry and I've at times offered to provide FREE seminars to schools and businesses in regards to basic money management and the perils of personal debt. Some take it up some don't but for those that take up the offer they always seem to have a light switch that goes turns on in their eyes. Financial trouble is a major cause of marital breakdown and in turn adversely effects attitudes at work, if workplaces looked to try and nip money troubles in the bud then they can save alot of hassles later on .. This is a subject that I have often thought about, I work in the finance industry and I’ve at times offered to provide FREE seminars to schools and businesses in regards to basic money management and the perils of personal debt. Some take it up some don’t but for those that take up the offer they always seem to have a light switch that goes turns on in their eyes. Financial trouble is a major cause of marital breakdown and in turn adversely effects attitudes at work, if workplaces looked to try and nip money troubles in the bud then they can save alot of hassles later on ..

]]> By: Personal Finance Advice » Blog Archive » Debt and Health - Hidden Costs http://www.savingadvice.com/blog/2006/08/16/10775_debt-reduction-a-new-view.html/comment-page-1#comment-5451 Personal Finance Advice » Blog Archive » Debt and Health - Hidden Costs Wed, 06 Sep 2006 08:53:07 +0000 http://www.pfadvice.com/?p=775#comment-5451 [...] Furthermore, when you are stressed and your body is not in optimal shape, it affects they way you work and your relationship with others. This can have a direct affect on your pay in the form of promotions and how you are viewed within the company. most people would assume that they were passed over for a promotion because they had not preformed well enough, but that poor performance might be directly related to the stress of the debt. [...] [...] Furthermore, when you are stressed and your body is not in optimal shape, it affects they way you work and your relationship with others. This can have a direct affect on your pay in the form of promotions and how you are viewed within the company. most people would assume that they were passed over for a promotion because they had not preformed well enough, but that poor performance might be directly related to the stress of the debt. [...]

]]> By: April Benson http://www.savingadvice.com/blog/2006/08/16/10775_debt-reduction-a-new-view.html/comment-page-1#comment-4868 April Benson Thu, 17 Aug 2006 16:15:55 +0000 http://www.pfadvice.com/?p=775#comment-4868 I couldn't agree more with the point of view of this entry, that workplaces need to help their employees use their money mindfully.As a psychologist who specializes in working with people that shop too much, I have seen people getting fired for using the Internet excessively to shop during work hours. I've also seen people that were passed over for promotions because they were so distracted by worry about their debt, that their work performance suffered. I've seen people working two and three jobs just to pay the ever increasing minimum payments on their credit cards because they keep buying stuff they don't need and won't use. April Lae Benson, Ph.D. I couldn’t agree more with the point of view of this entry, that workplaces need to help their employees use their money mindfully.As a psychologist who specializes in working with people that shop too much, I have seen people getting fired for using the Internet excessively to shop during work hours. I’ve also seen people that were passed over for promotions because they were so distracted by worry about their debt, that their work performance suffered. I’ve seen people working two and three jobs just to pay the ever increasing minimum payments on their credit cards because they keep buying stuff they don’t need and won’t use.

April Lae Benson, Ph.D.

]]> By: samerwriter http://www.savingadvice.com/blog/2006/08/16/10775_debt-reduction-a-new-view.html/comment-page-1#comment-4855 samerwriter Wed, 16 Aug 2006 18:22:16 +0000 http://www.pfadvice.com/?p=775#comment-4855 My advice for helping your coworkers stay out of debt... Don't flaunt nice possessions in front of them. I've seen numerous people buy/lease BMWs or other luxury cars that I'd bet they can't "afford", because everyone else seems to have one. My advice for helping your coworkers stay out of debt…

Don’t flaunt nice possessions in front of them. I’ve seen numerous people buy/lease BMWs or other luxury cars that I’d bet they can’t “afford”, because everyone else seems to have one.

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