Comments on: The Importance of Doing What You Know You Should

By: News and Blogs: Monday, November 11, 2008 - Consumerism Commentary: A Personal Finance Blog

Mon, 10 Nov 2008 16:34:04 +0000

[...] Fierce Financial Tips: The Carnival of Personal Finance #178, Struwwelpeter Edition. Today’s edition of the Carnival of Personal Finance focuses on a strange collection of 19th century children’s poetry from Germany! In addition to the articles featured as Editor’s Choice, start with What Has Changed in Personal Finance, Living Frugal With Other People’s Money, and The Importance of Doing What You Know You Should. [...]

By: The Struwwelpeter Edition of the Carnival of Personal Finance

The Struwwelpeter Edition of the Carnival of Personal Finance — Mon, 10 Nov 2008 05:51:51 +0000

[...] Saving Advice: We live in a constant state of denial that bad things can happen to us. We think we have plenty of time to make up that will, to handle our business affairs, or draw up that living will and power of attorney. We figure there’s no way we’re going to die tomorrow so we keep putting the “shoulds” off until “someday.” [...]

By: MoneyMateKate

MoneyMateKate — Fri, 07 Nov 2008 07:04:49 +0000

My father had always made it clear what circumstances he did not want to live under. Still, he put a living will in place before a minor heart procedure, so when he had a stroke three years later, we were not faced with any doubt. The supervising physician was grateful for the clarity and very supportive. He wrote my mother a letter a month after my father died – apparently he himself was dying of cancer and told us that he hoped he was leaving his family in the same state of agreement and understanding as my father had left us.

By: Aviator

Aviator — Fri, 07 Nov 2008 00:38:48 +0000

OK, I’m going to go out on a limb and express an opinion that may not be well suited to a financial blog.

My belief is that our health, above everything else, determines the quality of our life and that of our loved ones. While financial planning is important, planning for good health is even more important. I have to ask if Mark, the 46 year old who died of heart attack, had regular checkups and whether he heeded the advice of his physicians.

I’m very cognizant of uncontrollable sickness, disease that can strike and kill even the healthiest of the healthy. But Americans in general are not healthy as we could be, and much of that can be traced to lifestyle.

Death is inevitable and I do believe in proper planning. But sometimes, I think, not enough emphasis is placed on remaining healthy for as long as possible.

By: Beyond Paycheck to Paycheck

Beyond Paycheck to Paycheck — Thu, 06 Nov 2008 14:34:56 +0000

Estate planing is easy to put off. First, it’s depressing to contemplate your own death. I think most people are conscious of that hindrance. But the second reason is that you won’t be around to deal with it (that’s probably not something we’d admit to being aware of, but it is real).
If you really want to prevent disaster for your family, there never is a better day than today. I know I slept better, for pretty short money and limited time, getting this together for my family.

By: Alain Theriault

Alain Theriault — Thu, 06 Nov 2008 13:30:20 +0000

Great post. I posted something similar the other day. I think you should enjoy life without going in debts of course.

Here’s the link to the article.
http://moneysharp.blogspot.com/2008/11/saving-is-good-but-what-about-spending.html

The harsh truth is that more and more people die of cancer. Plus you’re starting to see it more when people are in their 50’s to 60’s.

By: Miranda

Miranda — Thu, 06 Nov 2008 13:19:51 +0000

Great post. I compelling reminder that TODAY is the day. I think it’s time for my husband and I to make our will…

By: Sammy

Sammy — Thu, 06 Nov 2008 10:44:03 +0000

Everything you wrote is so true. It usually takes a disaster to open our eyes.