Comments on: Common Money Mistakes and How to Correct Them http://www.getrichslowly.org/blog/2007/04/26/common-money-mistakes-and-how-to-correct-them/ personal finance that makes cents Mon, 08 Sep 2008 07:52:39 +0000 http://wordpress.org/?v=2.5.1 By: Plus6 http://www.getrichslowly.org/blog/2007/04/26/common-money-mistakes-and-how-to-correct-them/#comment-85274 Plus6 Fri, 04 May 2007 19:03:16 +0000 http://www.getrichslowly.org/blog/2007/04/26/common-money-mistakes-and-how-to-correct-them/#comment-85274 Educating yourself on personal finance is so important to long term financial stability. I think alot of younger people have never had a solid personal finance education and if they do not take learning on themselves they will never fully understand it. High school and college offer such limited training on it that it is a joke. Especially when credit card companies are giving away free t-shirts, and they are bombarded by million dollar marketing campaigns by big business on campus. A one semester course or single chapter on personal finance course cannot nearly compete with constant everyday bombardment. Educating yourself on personal finance is so important to long term financial stability. I think alot of younger people have never had a solid personal finance education and if they do not take learning on themselves they will never fully understand it. High school and college offer such limited training on it that it is a joke. Especially when credit card companies are giving away free t-shirts, and they are bombarded by million dollar marketing campaigns by big business on campus. A one semester course or single chapter on personal finance course cannot nearly compete with constant everyday bombardment.

]]> By: Links - 27/04/07 « Krugergold Finance http://www.getrichslowly.org/blog/2007/04/26/common-money-mistakes-and-how-to-correct-them/#comment-84749 Links - 27/04/07 « Krugergold Finance Fri, 27 Apr 2007 07:06:56 +0000 http://www.getrichslowly.org/blog/2007/04/26/common-money-mistakes-and-how-to-correct-them/#comment-84749 [...] Common money mistakes(getrichslowly) Everyone makes mistakes — it’s a part of being human. But it’s those who learn to minimize their mistakes who are able to fight debt and to build wealth. Paul L. forwarded a Reuters article by Linda Stern that explores common money mistakes and gives advice on how to fix them. Stern warns that if you have chronic money problems, you’re basically subsidizing those that don’t: [...] [...] Common money mistakes(getrichslowly) Everyone makes mistakes — it’s a part of being human. But it’s those who learn to minimize their mistakes who are able to fight debt and to build wealth. Paul L. forwarded a Reuters article by Linda Stern that explores common money mistakes and gives advice on how to fix them. Stern warns that if you have chronic money problems, you’re basically subsidizing those that don’t: [...]

]]> By: Gal Josefsberg http://www.getrichslowly.org/blog/2007/04/26/common-money-mistakes-and-how-to-correct-them/#comment-84725 Gal Josefsberg Thu, 26 Apr 2007 16:53:31 +0000 http://www.getrichslowly.org/blog/2007/04/26/common-money-mistakes-and-how-to-correct-them/#comment-84725 One suggestion, "know your bank" should be "know banks". Just because you've been with a bank for years is no reason to stay. Explore options. Look at smaller or larger banks. I was staying with my large bank because of the number of ATM locations they offered until I found out that a small bank close to my house refunds every single fee other banks charge you for using their ATM's. Little things like this can make a difference. So do your homework and research the banking options you have available. GJ http://www.60in3.com One suggestion, “know your bank” should be “know banks”. Just because you’ve been with a bank for years is no reason to stay. Explore options. Look at smaller or larger banks. I was staying with my large bank because of the number of ATM locations they offered until I found out that a small bank close to my house refunds every single fee other banks charge you for using their ATM’s. Little things like this can make a difference. So do your homework and research the banking options you have available.

GJ
http://www.60in3.com

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