Comments on: Money Mistakes to Avoid – Not Seeing the Big Picture http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/ Money Tips for a Better Life Thu, 18 Mar 2010 05:25:29 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Telemill http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/comment-page-1/#comment-12833 Telemill Sun, 15 Jul 2007 03:21:16 +0000 http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/#comment-12833 My grandmother always used to say: "Gag at a gnat, and swallow a camel." Maybe it's because we want the big things "soooo much" and the little things . . . well, we'll do them tomorrow or the next day or the next so it doesn't feel so precious to us. Anyway, I understand the dilemma of the credit card debt vs. emergency fund issue. The way that I handled this issue was to do both, at least until I had enough emergency fund so that I DIDN'T use the credit cards again when something crazy happened. I don't know, everyone has a different method that's best for them, I guess. My grandmother always used to say: “Gag at a gnat, and swallow a camel.”

Maybe it’s because we want the big things “soooo much” and the little things . . . well, we’ll do them tomorrow or the next day or the next so it doesn’t feel so precious to us.

Anyway, I understand the dilemma of the credit card debt vs. emergency fund issue. The way that I handled this issue was to do both, at least until I had enough emergency fund so that I DIDN’T use the credit cards again when something crazy happened.

I don’t know, everyone has a different method that’s best for them, I guess.

]]> By: Ben http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/comment-page-1/#comment-12733 Ben Fri, 13 Jul 2007 02:07:12 +0000 http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/#comment-12733 Angie, I agree, you need an end goal in mind; not just to help define your decisions but also to help motivate you. Lazy, I asked a question about <a href="http://moneysmartlife.com/should-you-use-your-emergency-fund-to-pay-off-credit-card-debt" rel="nofollow">credit card debt vs emergency fund</a> a while back that got a lot of comments. Angie, I agree, you need an end goal in mind; not just to help define your decisions but also to help motivate you.

Lazy, I asked a question about credit card debt vs emergency fund a while back that got a lot of comments.

]]> By: Lazy Man and Money http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/comment-page-1/#comment-12671 Lazy Man and Money Thu, 12 Jul 2007 01:31:59 +0000 http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/#comment-12671 I'm amazed by the number of people that choose to build an emergency fund while having high-interest debt. I’m amazed by the number of people that choose to build an emergency fund while having high-interest debt.

]]> By: Angie Hartford http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/comment-page-1/#comment-12668 Angie Hartford Wed, 11 Jul 2007 23:45:59 +0000 http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/#comment-12668 I think it helps with everything to have an overarching goal. Then one can ask, "Does this (purchase, action, decision) help me achieve my dream?" Amazing how well this can work. If Financial Blogger needed the laptop to start a business that was part of the overarching goal, it's great. The golf clubs could perhaps fit in, if one were to schmooze clients over golf--or if spending a lot of time golfing were part of the goal! I think it helps with everything to have an overarching goal. Then one can ask, “Does this (purchase, action, decision) help me achieve my dream?” Amazing how well this can work.

If Financial Blogger needed the laptop to start a business that was part of the overarching goal, it’s great. The golf clubs could perhaps fit in, if one were to schmooze clients over golf–or if spending a lot of time golfing were part of the goal!

]]> By: Money Smart Life » Money Mistakes To Avoid - Loss Aversion http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/comment-page-1/#comment-12647 Money Smart Life » Money Mistakes To Avoid - Loss Aversion Wed, 11 Jul 2007 17:25:10 +0000 http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/#comment-12647 [...] Money Mistakes to Avoid - Not Seeing the Big Picture [...] [...] Money Mistakes to Avoid – Not Seeing the Big Picture [...]

]]> By: MoneyNing http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/comment-page-1/#comment-12597 MoneyNing Wed, 11 Jul 2007 05:56:24 +0000 http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/#comment-12597 I'm a victim of saving with my right and spending with my left. Or sometimes penny wise and dollar foolish :) I’m a victim of saving with my right and spending with my left. Or sometimes penny wise and dollar foolish :)

]]> By: Ben http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/comment-page-1/#comment-12579 Ben Wed, 11 Jul 2007 02:20:47 +0000 http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/#comment-12579 Financial Blogger, you'd certainly have to save a lot of money on your dinner bill to pay for new golf clubs :) At least you're aware of the duel between your left hand spending & right hand saving, that's half the battle! Financial Blogger, you’d certainly have to save a lot of money on your dinner bill to pay for new golf clubs :) At least you’re aware of the duel between your left hand spending & right hand saving, that’s half the battle!

]]> By: The Financial Blogger http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/comment-page-1/#comment-12571 The Financial Blogger Wed, 11 Jul 2007 00:27:57 +0000 http://moneysmartlife.com/money-mistakes-to-avoid-not-seeing-the-big-picture/#comment-12571 It is funny, as I am usually pretty good at saving on little things such as restaurants, activities and original cheap gift. However, I usually spend a lot of money on other things such as new golf clubs, a laptop and a new cell phone... in the same year :-( Lousy left hand, spending all my money ! FB. It is funny, as I am usually pretty good at saving on little things such as restaurants, activities and original cheap gift. However, I usually spend a lot of money on other things such as new golf clubs, a laptop and a new cell phone… in the same year :-(

Lousy left hand, spending all my money !

FB.

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