Comments on: Change the Way You Think about Money http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html Bridging the gap between saving money and investing Fri, 22 Aug 2008 01:30:19 +0000 http://wordpress.org/?v=2.3.1 By: DedicatedSaver http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html#comment-313772 DedicatedSaver Wed, 21 May 2008 03:48:02 +0000 http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html#comment-313772 Here is a thought I have never forgotten and which I think about daily. At one time, in my 20s, I had a roommate who was much better at managing money than me. She was a real estate agent and in a down market, always had $$. I made $13,000 a year at that time-yes really! And struggled desperately to make ends met-I was a postdoctoral scientist. She said, "DS, the difference between you and me is that you try to live within your income and I try to make my income fit my expectations". It was an eye opener. While she had many useful habits that allowed her to maximize the amount of $$ she had, this was the one thing I still recall and that I now aggressively use, ALONG WITH budgeting, to attain my financial goals-in my career-building my ability to compete for higher paying jobs for example. Here is a thought I have never forgotten and which I think about daily. At one time, in my 20s, I had a roommate who was much better at managing money than me. She was a real estate agent and in a down market, always had $$. I made $13,000 a year at that time-yes really! And struggled desperately to make ends met-I was a postdoctoral scientist. She said, “DS, the difference between you and me is that you try to live within your income and I try to make my income fit my expectations”. It was an eye opener. While she had many useful habits that allowed her to maximize the amount of $$ she had, this was the one thing I still recall and that I now aggressively use, ALONG WITH budgeting, to attain my financial goals-in my career-building my ability to compete for higher paying jobs for example.

]]> By: Personal Finance Online http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html#comment-309400 Personal Finance Online Fri, 16 May 2008 08:54:51 +0000 http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html#comment-309400 I like this blog everything you say is true. I want to add this one if people wants to spend more of what they earning well you might be in big trouble in the future. I like this blog everything you say is true. I want to add this one if people wants to spend more of what they earning well you might be in big trouble in the future.

]]> By: Carol http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html#comment-307932 Carol Wed, 14 May 2008 22:06:30 +0000 http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html#comment-307932 So often poor people make poor choices. I had my daughter and boyfriend living with us to help them get a new start. His first check he bought a play station. I think he should have been saving for the future. So often poor people make poor choices. I had my daughter and boyfriend living with us to help them get a new start. His first check he bought a play station. I think he should have been saving for the future.

]]> By: Miranda http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html#comment-307144 Miranda Tue, 13 May 2008 18:17:33 +0000 http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html#comment-307144 Great post! It is so true that so often the prevailing mindset is what gets us into trouble. I especially like the "Can I afford it question?" It goes along with another Old Thought: "How much credit can I get approved for?" Just because you can, doesn't mean you should. Great post! It is so true that so often the prevailing mindset is what gets us into trouble. I especially like the “Can I afford it question?” It goes along with another Old Thought: “How much credit can I get approved for?”

Just because you can, doesn’t mean you should.

]]> By: Joshua http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html#comment-306962 Joshua Tue, 13 May 2008 13:44:46 +0000 http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html#comment-306962 Excellent post. It takes diligence to get into this mindset, but when you get there you are well on you're way to financial freedom. Excellent post. It takes diligence to get into this mindset, but when you get there you are well on you’re way to financial freedom.

]]> By: M- Qasim http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html#comment-306763 M- Qasim Tue, 13 May 2008 09:20:54 +0000 http://www.savingadvice.com/blog/2008/05/13/102124_change-the-way-you-think-about-money.html#comment-306763 Is effective Is effective

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