Comments on: REDUCE STRESS; Get Rid of Dysfunctional Money Behaviors – Part 2 http://barbarafriedbergpersonalfinance.com/reduce-stress-get-rid-of-dysfunctional-money-behaviors-%e2%80%93-part-2/ Educate, Inspire, Motivate for Wealth in Money & Life Sat, 04 Feb 2012 05:40:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Carnival of Money Stories – Starting A Sideline Edition http://barbarafriedbergpersonalfinance.com/reduce-stress-get-rid-of-dysfunctional-money-behaviors-%e2%80%93-part-2/comment-page-1/#comment-2140 Carnival of Money Stories – Starting A Sideline Edition Mon, 19 Jul 2010 08:59:40 +0000 http://barbarafriedbergpersonalfinance.com/?p=413#comment-2140 [...] Friedberg presents REDUCE STRESS; Get Rid of Dysfunctional Money Behaviors – Part 2 posted at Barbara Friedberg Personal Finance. She says: The story is about the money troubles of [...] [...] Friedberg presents REDUCE STRESS; Get Rid of Dysfunctional Money Behaviors – Part 2 posted at Barbara Friedberg Personal Finance. She says: The story is about the money troubles of [...]

]]> By: Barb Friedberg http://barbarafriedbergpersonalfinance.com/reduce-stress-get-rid-of-dysfunctional-money-behaviors-%e2%80%93-part-2/comment-page-1/#comment-2075 Barb Friedberg Sat, 17 Jul 2010 02:24:59 +0000 http://barbarafriedbergpersonalfinance.com/?p=413#comment-2075 @Benjamin, Ignoring reality is a recipe for disaster. It never works out (except when you procrastinate spending)! I share your hope that I am not just preaching to the converted, obviously my intent is to increase financial literacy. @ DIY,Yes, Yes, Yes, that is so true. I would definitely prefer to inform, so that my readers don't have to hit the depths of financial despair before they make a change. @Jacq, I am learning not to be surprised by anything! I certainly think it's preferable to pay any debts asap, unfortunately, that is not a universal behavior! Thank you all for continuing the conversation. Best regards, Barb @Benjamin, Ignoring reality is a recipe for disaster. It never works out (except when you procrastinate spending)! I share your hope that I am not just preaching to the converted, obviously my intent is to increase financial literacy.
@ DIY,Yes, Yes, Yes, that is so true. I would definitely prefer to inform, so that my readers don’t have to hit the depths of financial despair before they make a change.
@Jacq, I am learning not to be surprised by anything! I certainly think it’s preferable to pay any debts asap, unfortunately, that is not a universal behavior!
Thank you all for continuing the conversation. Best regards, Barb

]]> By: Jacq @ Single Mom Rich Mom http://barbarafriedbergpersonalfinance.com/reduce-stress-get-rid-of-dysfunctional-money-behaviors-%e2%80%93-part-2/comment-page-1/#comment-2067 Jacq @ Single Mom Rich Mom Fri, 16 Jul 2010 16:20:41 +0000 http://barbarafriedbergpersonalfinance.com/?p=413#comment-2067 I know it could sound odd to most people (it does to me), but my oldest son procrastinated on paying his student loan for a period of time a couple of years ago. The most bizarre thing to me was that he actually HAD the money to pay it. I think it's very unfortunate that there's very few resources for on-going support for people unless they're way in over their heads and heading for bankruptcy. The only one I know of is Dave Ramsey. I know it could sound odd to most people (it does to me), but my oldest son procrastinated on paying his student loan for a period of time a couple of years ago. The most bizarre thing to me was that he actually HAD the money to pay it.
I think it’s very unfortunate that there’s very few resources for on-going support for people unless they’re way in over their heads and heading for bankruptcy. The only one I know of is Dave Ramsey.

]]> By: DIY Investor http://barbarafriedbergpersonalfinance.com/reduce-stress-get-rid-of-dysfunctional-money-behaviors-%e2%80%93-part-2/comment-page-1/#comment-2062 DIY Investor Fri, 16 Jul 2010 10:37:27 +0000 http://barbarafriedbergpersonalfinance.com/?p=413#comment-2062 Whether it's our nation or whether it's individuals one thing that overcomes procrastination is a crisis. I remember standing in a parking lot with my apartment dwelling neighbors watching smoke pour out of the building as fire fighters entered. The next day all of us had renters insurance. It's too bad that we sometimes have to come close to hitting bottom before we act on something we perceive as unpleasant. In most instances when we complete some task we have been procrastinating on it turns out not to be nearly as onerous as we had imagined. The problem in the financial world is, as you illustrate, it can be very costly. Whether it’s our nation or whether it’s individuals one thing that overcomes procrastination is a crisis. I remember standing in a parking lot with my apartment dwelling neighbors watching smoke pour out of the building as fire fighters entered. The next day all of us had renters insurance. It’s too bad that we sometimes have to come close to hitting bottom before we act on something we perceive as unpleasant.
In most instances when we complete some task we have been procrastinating on it turns out not to be nearly as onerous as we had imagined. The problem in the financial world is, as you illustrate, it can be very costly.

]]> By: Benjamin Bankruptcy http://barbarafriedbergpersonalfinance.com/reduce-stress-get-rid-of-dysfunctional-money-behaviors-%e2%80%93-part-2/comment-page-1/#comment-2058 Benjamin Bankruptcy Fri, 16 Jul 2010 04:40:25 +0000 http://barbarafriedbergpersonalfinance.com/?p=413#comment-2058 So many of our clients (I work in insolvency) say it just happened overnight or it's like someone just pulled the rug out from under us. What they really mean is I put my head in the sand for 3 years and now I'm financially dead! We talk to other people who think that the don't have to do anything "serious" like negotiating with creditors because they're just going through a rough time. When looking at their finances you know they're going to be bankruptcy in the not too distant future. I just hope you're not preaching to the coverted here So many of our clients (I work in insolvency) say it just happened overnight or it’s like someone just pulled the rug out from under us. What they really mean is I put my head in the sand for 3 years and now I’m financially dead!

We talk to other people who think that the don’t have to do anything “serious” like negotiating with creditors because they’re just going through a rough time. When looking at their finances you know they’re going to be bankruptcy in the not too distant future.

I just hope you’re not preaching to the coverted here

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