Comments on: Over $2400 In Overdrafts (Your Advice) http://www.pfadvice.com/2007/05/31/over-2400-in-overdrafts-your-advice/ Bridging the gap between saving money and investing Sat, 05 Jul 2008 12:13:00 +0000 http://wordpress.org/?v=2.3.2 By: fractalbrothers http://www.pfadvice.com/2007/05/31/over-2400-in-overdrafts-your-advice/#comment-53197 fractalbrothers Fri, 01 Jun 2007 16:24:29 +0000 http://www.pfadvice.com/2007/05/31/over-2400-in-overdrafts-your-advice/#comment-53197 personally, the only further money I would spend on them, is the book "the total money makeover" by Dave Ramsey ;-) Do they drive new car(s)? One of Dave's first pieces of advice is sell the new car, and buy an old reliable one (think Toyota!). This will eliminate a monthly payment so that money can be used to pay off debts and start saving. personally, the only further money I would spend on them, is the book “the total money makeover” by Dave Ramsey ;-)
Do they drive new car(s)? One of Dave’s first pieces of advice is sell the new car, and buy an old reliable one (think Toyota!). This will eliminate a monthly payment so that money can be used to pay off debts and start saving.

]]> By: Special Ed http://www.pfadvice.com/2007/05/31/over-2400-in-overdrafts-your-advice/#comment-52925 Special Ed Thu, 31 May 2007 20:28:39 +0000 http://www.pfadvice.com/2007/05/31/over-2400-in-overdrafts-your-advice/#comment-52925 $2400 in overdrafts and a foreclosure since the first of the year and they are borrowing from payday lenders? They are on a fast track to the poorhouse. I would give them nothing. They must grow up and stop this immature behavior. $2400 in overdrafts and a foreclosure since the first of the year and they are borrowing from payday lenders? They are on a fast track to the poorhouse. I would give them nothing. They must grow up and stop this immature behavior.

]]> By: Frugal Momma http://www.pfadvice.com/2007/05/31/over-2400-in-overdrafts-your-advice/#comment-52821 Frugal Momma Thu, 31 May 2007 14:03:39 +0000 http://www.pfadvice.com/2007/05/31/over-2400-in-overdrafts-your-advice/#comment-52821 I am sure that this is causing you much stress, but I don't think giving them money is the answer. Financial Peace university will hopefully help them. However it all comes down to behavior I am sure that this is causing you much stress, but I don’t think giving them money is the answer. Financial Peace university will hopefully help them.

However it all comes down to behavior

]]> By: Spokane Al http://www.pfadvice.com/2007/05/31/over-2400-in-overdrafts-your-advice/#comment-52814 Spokane Al Thu, 31 May 2007 13:37:14 +0000 http://www.pfadvice.com/2007/05/31/over-2400-in-overdrafts-your-advice/#comment-52814 I agree with Yummy. They must first agree that they have a serious problem and then buy in on the idea of fixing it. They must change habits drastically. Overdrafts are a symptom of either not watching their balance or not caring. Either way, there is a serious problem. With their current issues giving them some of your hard earned money will do nothing to solve the root cause of the problem. I hope they can rectify their situation through the Financial Peace people. I agree with Yummy. They must first agree that they have a serious problem and then buy in on the idea of fixing it. They must change habits drastically.

Overdrafts are a symptom of either not watching their balance or not caring. Either way, there is a serious problem.

With their current issues giving them some of your hard earned money will do nothing to solve the root cause of the problem.

I hope they can rectify their situation through the Financial Peace people.

]]> By: yummy http://www.pfadvice.com/2007/05/31/over-2400-in-overdrafts-your-advice/#comment-52788 yummy Thu, 31 May 2007 11:49:58 +0000 http://www.pfadvice.com/2007/05/31/over-2400-in-overdrafts-your-advice/#comment-52788 I do like the advise to take Financial Peace. The budgeting and having some money aside for groceries will be excellent for them. People have to change their own behaviours - this gives them the opportunity - you saving them with $$ isn't anything but a short term solution. I do like the advise to take Financial Peace. The budgeting and having some money aside for groceries will be excellent for them.

People have to change their own behaviours - this gives them the opportunity - you saving them with $$ isn’t anything but a short term solution.

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