Comments on: Personal Finance, Personal Responsibility, and You (well, me.)

By: he was fragged for our sins » Blog Archive » Part 2: Personal Finance, Personal Responsibility, and You

Wed, 03 Jan 2007 20:11:25 +0000

[...] Part 1: Why credit cards suxxor. Part 2 (this post): Details, details, details. [...]

By: Emma

Emma — Wed, 03 Jan 2007 19:28:01 +0000

Thank you. The deets are on the way. I truly appreciate the book. And I’d love to chat with you on the side about this stuff. Eric will send you my email and digits. Cheers.

By: Allen

Allen — Wed, 03 Jan 2007 15:39:40 +0000

In my “former life,” I used the Discover card for everything and paid it off every payday (twice a month). That worked in theory, but I always felt like I was living BACKWARD. That is, when I got paid, I always had to throw the money behind me, at the things I had already purchased. That just made me feel out of control. I definitely prefer living my life forward, with a plan.

The book’s yours, Emma. Just have Eric send me your deets and I’ll get it out in the next few days.

By: Emma

Emma — Wed, 03 Jan 2007 14:56:17 +0000

Considering that Eric and I just discussed ye olde credit card dilemma, I want that book! I’m not buried in credit card debt. In fact, during each year, I pay off my debt. And then it stacks up again, and I spend another 12 months paying it off. It’s a cycle, for me. with the sparkle fairy about to visit my left hand, it seems I should at least be somewhat responsible, right? Allen, can I please have the Dave Ramsey book?

By: Allen

Allen — Wed, 03 Jan 2007 04:16:34 +0000

Welcome, friend Eric, to the land of cash. It’s accepted everywhere you want to be. No more AMERICAN EXCESS. Down with MASTER-card. You’ve DISCOVERed the joys of a cash-based lifestyle, and I rejoice. Enjoy the paper money. Respect it. Play with it. Have fun with it. Stuff your weekly grocery budget envelope full of ones, just for the sheer damn manliness of it all. It’s a good time.

The stat on plastic purchases is from a Dunn and Bradstreet report a few years ago, showing that you spend, on average, 12-18% more when you “swipe” out than if you paid with cash. In fast food places, most customers spend 50% more. Why do you think McD’s let’s you use Visa? So you can finance a 59 cent cheeseburger?

Obviously, I’m a Dave Ramsey disciple, as I’ve packed up my family, left the comfy confines of Atlanta, and relocated to Nashville to run his company’s eLearning division. But I’m not a fan because I work here. I work here because I’m sold out to the mission of Dave’s freedom-based principles and I’ve seen first hand how a family changes when they start to take back control of their money. It’s awesome to watch.

In fact, I’ll send a free copy of Dave’s “Total Money Makeover” book to the first person to contact me (through Eric) and request it. The only requirement is that you read it and use it to help someone else.

I’m proud of you and Heather, Eric. I love to watch you process stuff over months and months of discussion and critical analysis. And hey, way to be vocal about it.

By: Adam J.

Adam J. — Wed, 03 Jan 2007 03:17:02 +0000

This is just more encouragement for the wife and I to continue using only our bank of America debit card with the keep the change programs that helps us save money without really realizing it. It’s the junk, if you aren’t already aware of it. Last month we saved almost $50 (through keep the change and a $25 transfer) and it wasn’t even painful. I’m lovin it.

By: kate

kate — Wed, 03 Jan 2007 00:05:51 +0000

lol!