Comments on: Personal Finance Isn’t Rocket Science, It’s Self Motivation

By: 114th carnival of personal finance : plonkee money

114th carnival of personal finance : plonkee money — Mon, 20 Aug 2007 15:57:35 +0000

[...] personal finance isn’t rocket science it’s self-motivation @ savingadvice [...]

By: The Simple Dollar » Carnival of Personal Finance #114

The Simple Dollar » Carnival of Personal Finance #114 — Mon, 20 Aug 2007 13:36:29 +0000

[...] Personal Finance Isn’t Rocket Science, It’s Self Motivation (@ saving advice) [...]

By: thewalletsaver

thewalletsaver — Thu, 16 Aug 2007 07:53:58 +0000

I agree that there is psychological factor to money. One of the things that I had to figure out was the difference between “wants” and “needs”.

By: Personal Finance Coach

Personal Finance Coach — Wed, 15 Aug 2007 19:42:22 +0000

I didnt mean to ruffle anybodys feathers with that stat. I found it in a Smart Money Issue.Dont remember the issue I will have to loook in my archives.

As far as credit card debt. Debt stacking is the best alternative to reducing and eliminating debt. The most damaging billing cycle is the two cylce billing with purchases. You get hit with interest charges twice a month.

By: ben

ben — Wed, 15 Aug 2007 08:28:48 +0000

If you are going to throw out random percentages, you need to be able to back them up or at least cite the source. I think I’m on pretty safe ground believing that far more than 95% of people are doing fine with their finances. While many aren’t, throwing out meaningless numbers like that serves no purpose at all. If I am wrong, I will apologize when you show me the citation where you got the 95% statistic from.

By: Personal Finance Coach

Personal Finance Coach — Wed, 15 Aug 2007 08:11:03 +0000

Money is psychological. The spending and saving are alot of times governed by pleasure spending and the pain of saving and delaying immediate gratifaction.

Most Americans like 95% have not learned to master themselves and use common sense. Thats why credit card and fnnacial instituitions are having a field day…

By: pfadvice

pfadvice — Wed, 15 Aug 2007 04:02:25 +0000

I believe that people should do their very utmost to pay off their obligations. That being said, there are times when bankruptcy may be an option. Unfortunately the answer is never black and white and many things will depend on your particular circumstances as to whether bankruptcy is the best option.