Comments for David On Finance http://davidonfinance.com Mon, 08 Feb 2010 02:12:37 +0000 http://wordpress.org/?v=2.9.2 hourly 1 Comment on Finding The Joy In Frugality by David On Finance » Revisiting Expenses http://davidonfinance.com/2007/06/08/finding-the-joy-in-frugality/comment-page-1/#comment-945 David On Finance » Revisiting Expenses Mon, 08 Feb 2010 02:12:37 +0000 http://www.davidonfinance.com/2007/06/08/finding-the-joy-in-frugality/#comment-945 [...] I was first getting out of debt, I found many little ways to save bits of money here and there to put towards my debt payoff. At the time, I needed every [...] [...] I was first getting out of debt, I found many little ways to save bits of money here and there to put towards my debt payoff. At the time, I needed every [...]

]]> Comment on Snowflakes by David On Finance » Snowflaking Redux http://davidonfinance.com/snowflakes/comment-page-1/#comment-931 David On Finance » Snowflaking Redux Sun, 07 Feb 2010 21:46:55 +0000 http://www.davidonfinance.com/snowflakes/#comment-931 [...] with a steady snowflaking income! I still make bits of money here and there, and have updated my Snowflaking Page to show some of the ways I’m doing it now. But since my revolving debt is gone, I’m now [...] [...] with a steady snowflaking income! I still make bits of money here and there, and have updated my Snowflaking Page to show some of the ways I’m doing it now. But since my revolving debt is gone, I’m now [...]

]]> Comment on Snowflakes by Snowflaking Redux at David on Finance http://davidonfinance.com/snowflakes/comment-page-1/#comment-815 Snowflaking Redux at David on Finance Fri, 29 Jan 2010 16:49:36 +0000 http://www.davidonfinance.com/snowflakes/#comment-815 [...] Snowflakes [...] [...] Snowflakes [...]

]]> Comment on Losing Weight (On a Budget) by Simone http://davidonfinance.com/2009/03/09/losing-weight-on-a-budget/comment-page-1/#comment-832 Simone Mon, 16 Mar 2009 22:36:01 +0000 http://www.davidonfinance.com/?p=48#comment-832 Hi David, just plan ahead! After loosing about 60 pounds last year I can tell you - the new clothes will be expensive! Only the food gets cheaper. If you only eat half - even a healthier half is still cheaper. Good Luck Hi David,

just plan ahead!
After loosing about 60 pounds last year I can tell you – the new clothes will be expensive!
Only the food gets cheaper. If you only eat half – even a healthier half is still cheaper.

Good Luck

]]> Comment on Losing Weight (On a Budget) by Personal Development Carnival (16th March 2009) | Health Money Success http://davidonfinance.com/2009/03/09/losing-weight-on-a-budget/comment-page-1/#comment-831 Personal Development Carnival (16th March 2009) | Health Money Success Mon, 16 Mar 2009 10:21:06 +0000 http://www.davidonfinance.com/?p=48#comment-831 [...] Harris presents Losing Weight (On a Budget) posted at David on [...] [...] Harris presents Losing Weight (On a Budget) posted at David on [...]

]]> Comment on Would You Refinance Your Debt at 7% Interest? by Fine-Tuned Finances http://davidonfinance.com/2008/03/17/would-you-refinance-your-debt-at-7-interest/comment-page-1/#comment-812 Fine-Tuned Finances Sat, 28 Feb 2009 20:21:18 +0000 http://www.davidonfinance.com/2008/03/17/would-you-refinance-your-debt-at-7-interest/#comment-812 It's always a good idea to save on interest, but I'm surprised that 7% is the best rate that you can get right now. You might want to shop around and see if you can get a better deal. It’s always a good idea to save on interest, but I’m surprised that 7% is the best rate that you can get right now. You might want to shop around and see if you can get a better deal.

]]> Comment on A Macroeconomic Look at Credit Cards by David http://davidonfinance.com/2009/02/09/a-macroeconomic-look-at-credit-cards/comment-page-1/#comment-821 David Tue, 17 Feb 2009 06:48:09 +0000 http://www.davidonfinance.com/?p=44#comment-821 Payday Loans come to mind... Far, far more dangerous than credit cards could ever be. And far more predatory. Payday Loans come to mind… Far, far more dangerous than credit cards could ever be. And far more predatory.

]]> Comment on A Macroeconomic Look at Credit Cards by traineeinvestor http://davidonfinance.com/2009/02/09/a-macroeconomic-look-at-credit-cards/comment-page-1/#comment-820 traineeinvestor Tue, 17 Feb 2009 06:45:50 +0000 http://www.davidonfinance.com/?p=44#comment-820 Hi David I agree that there is a world of difference between the credit card and the credit card companies (and certain other lenders - it's not just credit cards that cause problems) who promote getting into debt as a lifestyle choice or who lend to people who clearly lack the means to service the loan. Cheers traineeinvestor Hi David

I agree that there is a world of difference between the credit card and the credit card companies (and certain other lenders – it’s not just credit cards that cause problems) who promote getting into debt as a lifestyle choice or who lend to people who clearly lack the means to service the loan.

Cheers
traineeinvestor

]]> Comment on A Macroeconomic Look at Credit Cards by David http://davidonfinance.com/2009/02/09/a-macroeconomic-look-at-credit-cards/comment-page-1/#comment-819 David Tue, 17 Feb 2009 00:52:03 +0000 http://www.davidonfinance.com/?p=44#comment-819 That is a good point. Perhaps it is better to think of a credit card not as "inherently evil", but rather a weapon, like a gun. Guns can be used to do very evil things, but a nice chunk of venison sausage says it can also be used to do very tasty things! :) However, I think most credit card users fall on the "bad usage" side of the scale, and it's not all their fault. While we would love to think every consumer is responsible, the credit card companies have been purposefully deceptive in how they use marketing, especially targeting the college-aged generation that cannot afford to pay the cards off because they have no money. It seems to be a rare consumer who has used credit cards responsibly their whole life. They exist, and I think it's awesome, but for the rest of us, we should probably regard them as evil for the time being. Once we get our financial know-how in order, we may be able to use them more responsibly. Great comment though! I normally post the other side of things, but CCs have almost ruined me so I have an obvious bias right now. :) That is a good point. Perhaps it is better to think of a credit card not as “inherently evil”, but rather a weapon, like a gun. Guns can be used to do very evil things, but a nice chunk of venison sausage says it can also be used to do very tasty things! :)

However, I think most credit card users fall on the “bad usage” side of the scale, and it’s not all their fault. While we would love to think every consumer is responsible, the credit card companies have been purposefully deceptive in how they use marketing, especially targeting the college-aged generation that cannot afford to pay the cards off because they have no money. It seems to be a rare consumer who has used credit cards responsibly their whole life. They exist, and I think it’s awesome, but for the rest of us, we should probably regard them as evil for the time being. Once we get our financial know-how in order, we may be able to use them more responsibly.

Great comment though! I normally post the other side of things, but CCs have almost ruined me so I have an obvious bias right now. :)

]]> Comment on A Macroeconomic Look at Credit Cards by traineeinvestor http://davidonfinance.com/2009/02/09/a-macroeconomic-look-at-credit-cards/comment-page-1/#comment-818 traineeinvestor Tue, 17 Feb 2009 00:45:26 +0000 http://www.davidonfinance.com/?p=44#comment-818 I have to disagree. Credits cards are all benefit and no downside to me: 1. convenience - I do not not have to carry cash around with me (especially useful when travelling) 2. they provide perks - discounts in some shops, points which can be used for somethings 3. better cash flow - I can defer paying for my purchases for about a month on average. The interest I earn on that money isn't much these days, but better than nothing. Needless to say, I pay off my balane in full each month. If people choose to carry a balance and pay the really outrageous rates of interest, then it is not the credit card which is bad but the user. Saying the cedit card is bad is just like saying cars are bad because people die in road accidents. I have to disagree. Credits cards are all benefit and no downside to me:

1. convenience – I do not not have to carry cash around with me (especially useful when travelling)

2. they provide perks – discounts in some shops, points which can be used for somethings

3. better cash flow – I can defer paying for my purchases for about a month on average. The interest I earn on that money isn’t much these days, but better than nothing.

Needless to say, I pay off my balane in full each month. If people choose to carry a balance and pay the really outrageous rates of interest, then it is not the credit card which is bad but the user. Saying the cedit card is bad is just like saying cars are bad because people die in road accidents.

]]> Comment on A Macroeconomic Look at Credit Cards by Canadian Personal Finance Blog » Blog Archive » Carnival of Personal Finance #192: The Family Day Edition http://davidonfinance.com/2009/02/09/a-macroeconomic-look-at-credit-cards/comment-page-1/#comment-817 Canadian Personal Finance Blog » Blog Archive » Carnival of Personal Finance #192: The Family Day Edition Mon, 16 Feb 2009 10:24:37 +0000 http://www.davidonfinance.com/?p=44#comment-817 [...] on Finance presents A Macroeconomic Look at Credit Cards, and writes, “…the point here is to prove that credit cards are evil at the core. [...] [...] on Finance presents A Macroeconomic Look at Credit Cards, and writes, “…the point here is to prove that credit cards are evil at the core. [...]

]]> Comment on Niche-Industry and Internationalism by Rachel Stanton http://davidonfinance.com/2008/06/17/niche-industry-and-internationalism/comment-page-1/#comment-816 Rachel Stanton Wed, 18 Jun 2008 00:40:49 +0000 http://www.davidonfinance.com/?p=43#comment-816 Lots of talk of recession, gas prices, unemployment. I see thousands of high paying jobs posted by reputable employers. I beleive people can find a job if they truly look. http://www.realmatch.com http://www.monster.com http://www.simplyhired.com If someone wants one, I really think they can get one...be positive! Lots of talk of recession, gas prices, unemployment. I see thousands of high paying jobs posted by reputable employers. I beleive people can find a job if they truly look.

http://www.realmatch.com
http://www.monster.com
http://www.simplyhired.com

If someone wants one, I really think they can get one…be positive!

]]> Comment on Snowflakes by Apologies, Snowflaking, and Updates | David on Finance http://davidonfinance.com/snowflakes/comment-page-1/#comment-814 Apologies, Snowflaking, and Updates | David on Finance Tue, 10 Jun 2008 21:41:40 +0000 http://www.davidonfinance.com/snowflakes/#comment-814 [...] Snowflakes [...] [...] Snowflakes [...]

]]> Comment on Finding The Joy In Frugality by Barb http://davidonfinance.com/2007/06/08/finding-the-joy-in-frugality/comment-page-1/#comment-74 Barb Mon, 02 Jun 2008 15:26:40 +0000 http://www.davidonfinance.com/2007/06/08/finding-the-joy-in-frugality/#comment-74 David - thank you so much for the post. I have had the monster of debt on my back for years. I too learned early that money could buy me "fun" things, that purchasing made me feel grownup and accepted (and acceptable), and that if I had a bad day (month or year) there was nothing a trip to the mall with my Visa couldn't fix. I am learning that if there are holes that need filled, stuff isn't going to fill them. For me personally, God is filling those needs quite sufficiently. And I'm learning that nothing feels better than the joy of self-control and self-discipline. David – thank you so much for the post. I have had the monster of debt on my back for years. I too learned early that money could buy me “fun” things, that purchasing made me feel grownup and accepted (and acceptable), and that if I had a bad day (month or year) there was nothing a trip to the mall with my Visa couldn’t fix. I am learning that if there are holes that need filled, stuff isn’t going to fill them. For me personally, God is filling those needs quite sufficiently. And I’m learning that nothing feels better than the joy of self-control and self-discipline.

]]> Comment on When it Makes Sense to Consolidate by Debt Reduction Carnival « finance psychology http://davidonfinance.com/2007/08/01/when-it-makes-sense-to-consolidate/comment-page-1/#comment-751 Debt Reduction Carnival « finance psychology Sat, 10 May 2008 00:56:55 +0000 http://www.davidonfinance.com/2007/08/01/when-it-makes-sense-to-consolidate/#comment-751 [...] David On Finance: Has got some well considered thoughts on when to consolidate debt. He also uses the phrase “raw power”, which I think is highly under-used in the pf world. If it was good enough for Iggy… David makes some excellent points about credit unions (not always…) and extra payments (ah, the power!). Check it out! [...] [...] David On Finance: Has got some well considered thoughts on when to consolidate debt. He also uses the phrase “raw power”, which I think is highly under-used in the pf world. If it was good enough for Iggy… David makes some excellent points about credit unions (not always…) and extra payments (ah, the power!). Check it out! [...]

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