Personal Development for Smart People^TM Forums

Cron · 01-02-2007, 05:11 PM

10 nasty money habits to kick:

10 nasty money habits to kick - MSN Money

Isis Kali · 01-03-2007, 06:32 AM

Yeouch! That site makes it sound like you might as well shrivel up and die if you have bad credit!

Causalien · 01-03-2007, 08:02 AM

Quote:

Originally Posted by Isis Kali

Yeouch! That site makes it sound like you might as well shrivel up and die if you have bad credit!

I know someone like that and yes. You might as well shivel up and die because unless you are Warren Buffet, you can't make 20% on average in your investments.

wilsonng · 01-03-2007, 12:06 PM

I think that's it.

Because earning money is so hard, the other way to enjoy life is not to spend it aimlessly or carelessly.

Ellesse · 01-03-2007, 02:38 PM

Being frugal is great. But I think learning to grow your money (be it setting up a side business, learning to invest) is more important. There is only so much you can save but the potential of making your money grow is so much higher.

wilsonng · 01-04-2007, 01:01 PM

well, on the other hand, it is hard to earn $10,000 but so easy to waste it away

nvictor · 01-04-2007, 08:30 PM

Hi all.

Do you think that a student (ie someone that doesn't have a degree or working license or something...) can invest in something?

The Probabilist · 01-04-2007, 08:42 PM

Quote:

Originally Posted by link

Instead: When it comes to timing the market, "nobody can do it," she says. "The smart thing is to invest in a very diversified way. It isn't sexy, but it works."

I'm not saying the 10 tips are bad. But you just got to love that final, programming statement. Even Dana Dratch at Bankrate.com has bills to pay and wants an income for herself.

Isis Kali · 01-04-2007, 11:23 PM

Quote:

Originally Posted by Causalien

I know someone like that and yes. You might as well shivel up and die because unless you are Warren Buffet, you can't make 20% on average in your investments.

I've been doing a lot of reading on debt and credit (because I need the help), and one reason that a lot of people don't attempt to seek help is the fact that articles like this come out...they make it sound like non-Buffetts are screwed but good, and that there's no chance to recover. I found it a bit disheartening compared to many other articles that I've read that really inspire you to fix things.

PMcDonald · 01-06-2007, 02:26 AM

Quote:

Originally Posted by wilsonng

well, on the other hand, it is hard to earn $10,000 but so easy to waste it away

I like to look at it this way:

It is so EASY to earn $10,000, but so hard to waste it away!

01-02-2007, 05:11 PM	#1 (permalink)
Cron Senior Member Join Date: Nov 2006 Posts: 420	10 nasty money habits to kick 10 nasty money habits to kick: 10 nasty money habits to kick - MSN Money

01-03-2007, 12:06 PM	#4 (permalink)
wilsonng Member Join Date: Nov 2006 Posts: 35	frugal I think that's it. Because earning money is so hard, the other way to enjoy life is not to spend it aimlessly or carelessly.

01-04-2007, 01:01 PM	#6 (permalink)
wilsonng Member Join Date: Nov 2006 Posts: 35	frugal well, on the other hand, it is hard to earn $10,000 but so easy to waste it away

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01-03-2007, 06:32 AM	#2 (permalink)
Isis Kali Senior Member Join Date: Dec 2006 Posts: 212	Yeouch! That site makes it sound like you might as well shrivel up and die if you have bad credit!

01-03-2007, 02:38 PM	#5 (permalink)
Ellesse Member Join Date: Dec 2006 Posts: 55	Being frugal is great. But I think learning to grow your money (be it setting up a side business, learning to invest) is more important. There is only so much you can save but the potential of making your money grow is so much higher.

01-04-2007, 08:30 PM	#7 (permalink)
nvictor Senior Member Join Date: Nov 2006 Posts: 214	Hi all. Do you think that a student (ie someone that doesn't have a degree or working license or something...) can invest in something?

Personal Development for Smart PeopleTM Forums

Personal Development for Smart People^TM Forums