Comments on: 40 personal finance lessons I've learned

By: DDFD at DivorcedDadFrugalDad.com

DDFD at DivorcedDadFrugalDad.com — Mon, 06 Jul 2009 03:24:56 +0000

Great list! A nice reminder of the right things . . .

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By: Dramon

Dramon — Wed, 01 Jul 2009 20:12:49 +0000

The only two things I would add:

1. only worry about items you have some control over. A lot of time/effort/stress can occur when you worry about things which you have no control over. You have control over your income and your spending.

2. Spending is about choices, they should be made consciously and thoughtfully. This goes along with waiting a day.

By: MoneyEnergy

MoneyEnergy — Wed, 01 Jul 2009 19:37:46 +0000

I like #20 and #25: Your biggest financial problem is you. Fix yourself first, then fix the rest.

Know your purpose; then know what you need for your purpose. Then you can rule out wants from needs. In fact, probably much of our “want” spending might come down to the fact that we aren’t focused enough on what we really want, ie., our life’s purpose. Just something I just thought of. Not saying it’s easy or anything!

By: Marsha

Marsha — Wed, 01 Jul 2009 17:40:21 +0000

Excellent list, very “back to basics,” which is what I need (and maybe a lot of other people, too). I am convinced that the current recession (depression?) is going to have a lasting effect on many people’s financial lives — in a good way — that is, when things get better, some people will continue to be financially smarter and frugal. Some won’t…but that’ll be their choice. I hope I’m smart enough to keep up the good habits!!

By: Gina

Gina — Wed, 01 Jul 2009 15:23:04 +0000

Good post Gibble Guy!

By: The Weakonomist

The Weakonomist — Wed, 01 Jul 2009 11:09:30 +0000

I’m glad you point out that it’s ok to make mistakes. Some people strive for perfection and when something goes wrong they lose control. The same happens with weight loss, if you hit a plateau you start to lose hope of losing any more weight and that’s when mistakes start happening.