Comments on: The Top 3 Mental Blocks to Personal Finance (and How to Get Past Them) http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/ personal finance that makes cents Sun, 08 Nov 2009 12:13:29 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Get Rich Slowly Network News ? Get Rich Slowly http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-97314 Get Rich Slowly Network News ? Get Rich Slowly Mon, 10 Sep 2007 16:57:38 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-97314 [...] Pick the Brain — John Wesley writes one of my favorite blogs on self-improvement. Here at GRS, he’s shared the top three mental blocks to personal finance (and how to get past them). [...] [...] Pick the Brain — John Wesley writes one of my favorite blogs on self-improvement. Here at GRS, he’s shared the top three mental blocks to personal finance (and how to get past them). [...]

]]> By:   The Psychology Behind Why People Don’t Like Personal Finance by Money Crashers http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95816   The Psychology Behind Why People Don’t Like Personal Finance by Money Crashers Tue, 21 Aug 2007 23:06:06 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95816 [...] Read this article on Get Rich Slowly from guest author John Wesley about the three mental blocks to .... [...] [...] Read this article on Get Rich Slowly from guest author John Wesley about the three mental blocks to …. [...]

]]> By: Lauren http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95524 Lauren Fri, 17 Aug 2007 14:21:57 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95524 I was hoping I'd see #3 on this list. I think that's is a huge misconception and give saving money a bad rap. I was hoping I’d see #3 on this list. I think that’s is a huge misconception and give saving money a bad rap.

]]> By: The Friday Gathering for 8/17/2007 | Gather Little By Little http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95522 The Friday Gathering for 8/17/2007 | Gather Little By Little Fri, 17 Aug 2007 14:16:13 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95522 [...] Get Rich Slowly discusses the Top 3 Mental Blocks to Personal Finance [...] [...] Get Rich Slowly discusses the Top 3 Mental Blocks to Personal Finance [...]

]]> By: Raj http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95373 Raj Wed, 15 Aug 2007 23:20:22 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95373 I started taking my decisions when I was in college and in those days i used to save, i have spent like a king size my formula is I set aside what or what nots from what nots. if you get this you get all. BIG NUTSHELL FOR FREE. Enjoy! I started taking my decisions when I was in college and in those days i used to save, i have spent like a king size my formula is I set aside what or what nots from what nots. if you get this you get all.
BIG NUTSHELL FOR FREE. Enjoy!

]]> By: Matt http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95327 Matt Wed, 15 Aug 2007 11:38:26 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95327 I've been guilty of falling into all three of your points at some point or another in my working life. The biggest problem is the fact that we live in a consumer society but no one teaches us about money! I’ve been guilty of falling into all three of your points at some point or another in my working life. The biggest problem is the fact that we live in a consumer society but no one teaches us about money!

]]> By: Lynnae http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95291 Lynnae Wed, 15 Aug 2007 02:47:08 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95291 You are so right. My husband and I both fell prey to mental block #1. We're going to make sure our children don't do the same. By the time they head off to college, they will know without a doubt that financial decisions you make in your 20s have a large impact on how you live when you're in your 60s. You are so right. My husband and I both fell prey to mental block #1. We’re going to make sure our children don’t do the same. By the time they head off to college, they will know without a doubt that financial decisions you make in your 20s have a large impact on how you live when you’re in your 60s.

]]> By: Jeffry http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95286 Jeffry Wed, 15 Aug 2007 02:02:58 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95286 I agree. One must track expenses, and it is not too difficult to do so. Guys, if anyone needs a simple spreadsheet tool, I have a <a href="http://www.personalfinanceresources.com/35/free-home-budget-spreadsheet" rel="nofollow">Free Home Budget Spreadsheet</a> available for download. I agree. One must track expenses, and it is not too difficult to do so. Guys, if anyone needs a simple spreadsheet tool, I have a Free Home Budget Spreadsheet available for download.

]]> By: Aaron http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95279 Aaron Wed, 15 Aug 2007 01:01:38 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95279 This article is very true. Those who do not take the time to understand their personal finances are missing out badly. It is hard to understand why some do not take advantage of investment plans such as IRA's and 401K's. This article is very true. Those who do not take the time to understand their personal finances are missing out badly. It is hard to understand why some do not take advantage of investment plans such as IRA’s and 401K’s.

]]> By: Jack http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95255 Jack Tue, 14 Aug 2007 18:07:37 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95255 my quality of life has suffered quite a bit ever since i started worrying about my finances. i only eat fast food now(typically mcdonald's) and i never get to go out with friends anymore because it costs money. i also lost my girlfriend a month ago because she got tired of paying for our dates. my quality of life has suffered quite a bit ever since i started worrying about my finances. i only eat fast food now(typically mcdonald’s) and i never get to go out with friends anymore because it costs money. i also lost my girlfriend a month ago because she got tired of paying for our dates.

]]> By: guest http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95240 guest Tue, 14 Aug 2007 16:43:04 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95240 How about #4, I have too many expenses and expectations to save any money. How about #4, I have too many expenses and expectations to save any money.

]]> By: Jon http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95233 Jon Tue, 14 Aug 2007 13:49:15 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95233 I feel into #2 when I got my first full-time job after college. I was so intimidated by investment options regarding my 401k that I just refused to invest for a few months in fear I would just loose all the money. I kicked myself for that later. I missed out on several months of employer matches. My dad finally convinced me to just get it set up, pick some funds, and the worry later about adjusting things. I feel into #2 when I got my first full-time job after college. I was so intimidated by investment options regarding my 401k that I just refused to invest for a few months in fear I would just loose all the money.
I kicked myself for that later. I missed out on several months of employer matches. My dad finally convinced me to just get it set up, pick some funds, and the worry later about adjusting things.

]]> By: MITBeta http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95231 MITBeta Tue, 14 Aug 2007 13:02:55 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95231 I don't have direct deposit either, but that doesn't stop me from making it automatic. Vanguard debits my checking account twice a month to fund my wife's and my Roth IRAs. ING debits my account to fund my slush funds. My bank sends out all my bills on time. No problem. I don’t have direct deposit either, but that doesn’t stop me from making it automatic. Vanguard debits my checking account twice a month to fund my wife’s and my Roth IRAs. ING debits my account to fund my slush funds. My bank sends out all my bills on time.

No problem.

]]> By: Minimum Wage http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95230 Minimum Wage Tue, 14 Aug 2007 12:56:14 +0000 http://www.getrichslowly.org/blog/2007/08/14/the-top-3-mental-blocks-to-personal-finance-and-how-to-get-past-them/#comment-95230 Where I work, paychecks are released after 5 pm. My employer counts on floating paychecks over the weekend. No direct deposit available here! Where I work, paychecks are released after 5 pm. My employer counts on floating paychecks over the weekend. No direct deposit available here!

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