Comments on: Understanding Money http://www.getrichslowly.org/blog/2007/05/01/understanding-money/ personal finance that makes cents Sun, 08 Nov 2009 13:22:41 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: JohnK http://www.getrichslowly.org/blog/2007/05/01/understanding-money/#comment-85147 JohnK Thu, 03 May 2007 02:18:18 +0000 http://www.getrichslowly.org/blog/2007/05/01/understanding-money/#comment-85147 Another good post, JD. I've always believed in "paying yourself first" (saving), but it is on of the most difficult habits to keep and too easy to break. The US saves much less of its income, even though other countries have higher costs of living. It is so amazing that other people in other countries can save so much more than us. The only thing that worked for me, was to start small and keep committed each week: Make the savings deposit first, not last. Another thing that helped me was to try to add my pay raise to the savings for as long as I could, until higher prices kicked in and raised costs. Try whatever works, but pay yourself first. Another good post, JD. I’ve always believed in “paying yourself first” (saving), but it is on of the most difficult habits to keep and too easy to break. The US saves much less of its income, even though other countries have higher costs of living. It is so amazing that other people in other countries can save so much more than us.

The only thing that worked for me, was to start small and keep committed each week: Make the savings deposit first, not last.

Another thing that helped me was to try to add my pay raise to the savings for as long as I could, until higher prices kicked in and raised costs.

Try whatever works, but pay yourself first.

]]> By: HalOtis http://www.getrichslowly.org/blog/2007/05/01/understanding-money/#comment-85129 HalOtis Wed, 02 May 2007 20:59:26 +0000 http://www.getrichslowly.org/blog/2007/05/01/understanding-money/#comment-85129 That's a really good looking spreadsheet, and very easy to understand. Thanks for the link! That’s a really good looking spreadsheet, and very easy to understand.

Thanks for the link!

]]> By: mjh http://www.getrichslowly.org/blog/2007/05/01/understanding-money/#comment-85078 mjh Wed, 02 May 2007 02:29:13 +0000 http://www.getrichslowly.org/blog/2007/05/01/understanding-money/#comment-85078 It is great that governments set up this sort of website. All they need to do now is move the same sort of info into schools and colleges. New Zealand also has a very good site along these lines: http://www.sorted.org.nz/ Again, some of the specific are relevant only to kiwis, but the more general advice is universal. (nb: in New Zealand, to be "sorted" means to be ready, or equipped.) It is great that governments set up this sort of website. All they need to do now is move the same sort of info into schools and colleges.

New Zealand also has a very good site along these lines: http://www.sorted.org.nz/
Again, some of the specific are relevant only to kiwis, but the more general advice is universal.

(nb: in New Zealand, to be “sorted” means to be ready, or equipped.)

]]> By: bigbuddha http://www.getrichslowly.org/blog/2007/05/01/understanding-money/#comment-85070 bigbuddha Tue, 01 May 2007 22:43:15 +0000 http://www.getrichslowly.org/blog/2007/05/01/understanding-money/#comment-85070 Yes, this is an excellent website which I recommend to all to look at, it's especially good since you can download the book that they distribute in printed form for all those who are overseas. Certainly a very good step towards the government improving financial literacy in the community, but as always there's plenty more that could be done and should be done. Yes, this is an excellent website which I recommend to all to look at, it’s especially good since you can download the book that they distribute in printed form for all those who are overseas.

Certainly a very good step towards the government improving financial literacy in the community, but as always there’s plenty more that could be done and should be done.

]]> By: Emma http://www.getrichslowly.org/blog/2007/05/01/understanding-money/#comment-85067 Emma Tue, 01 May 2007 21:28:22 +0000 http://www.getrichslowly.org/blog/2007/05/01/understanding-money/#comment-85067 oooh thanks for this link! I've been reading your blog over the last year (and love it) and often wish I could find some beginners' investment advice relevant to the investment options available in Australia... this government site explains some basic investment things for me and gives a lot of further links.. just what I need right now :) Thanks! oooh thanks for this link! I’ve been reading your blog over the last year (and love it) and often wish I could find some beginners’ investment advice relevant to the investment options available in Australia… this government site explains some basic investment things for me and gives a lot of further links.. just what I need right now :)

Thanks!

]]>