Comments on: The Value Of Facing Down Your Financial Fears http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/ Financial talk for the rest of us Sat, 16 Feb 2013 01:14:45 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: reulte http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/#comment-109779 reulte Wed, 14 Nov 2007 12:49:16 +0000 http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/#comment-109779 Lisa – take a teaching job in another country. Perhaps teaching English as a 2nd language or simply teaching at American schools overseas.

I don’t teach but left a very good job for a job that’s merely OK, but involved travel. Currently I’m living in North Africa, tomorrow I’m traveling to Malta for a few days for pleasure. I’ve lived in Argentina, Japan, Germany, Italy and visited Poland, the UK, Colombia.

]]> By: John Wesley http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/#comment-23857 John Wesley Tue, 08 May 2007 13:21:08 +0000 http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/#comment-23857 @Jake,

You get luckier the harder you work. The is so much uncertainty in the world, if you worry about it too much you’ll never do anything. It’s better just to work hard and hope for the best. Worst case scenario your dream fails and you have to get a job like everyone else.

]]> By: jake http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/#comment-23799 jake Tue, 08 May 2007 06:22:22 +0000 http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/#comment-23799 How do you go for a dream job that involves a lot of “IF”. In other word major luck.

I want to pursue a dream job but when I broke it down I would need a lot of luck in order for certain things to happen. This matter of luck makes the situation more risky sometimes to the point where there is a 10% chance of success.

I am having a hard time reducing the risk and making luck less of an issue.

]]> By: Lisa http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/#comment-23778 Lisa Tue, 08 May 2007 02:47:27 +0000 http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/#comment-23778 I struggle with “facing down my financial fears.” In 8 years I could retire (55) and pay less than $100 per month for health insurance plus recieve a small pension. In addition, I have savings and retirement accounts. Not alot but enough if I didn’t have to worry about health insurance that I could follow my dream of traveling year round. It would be frugal traveling with some luxury thrown in every now and then. However, my savings/retirement/pension is not enough to self insure or buy an individual policy and still travel. So, I am going to compromise and work 10 mos a year (teaching) and travel summers and weekends until I am 55. I enjoy what I do, so it isn’t a problem right now. However, I reassess several times a year to make sure I do not follow a path that no longer fulfills me out of habit. There are so many possible paths to follow in life. I will admit though that if there was a national health insurance I would quit and just travel. So, that tell me fear is a major part in my decision.

]]> By: Trent http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/#comment-23736 Trent Mon, 07 May 2007 22:44:02 +0000 http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/#comment-23736 Christine: I would simply have your sister put her money in a high-interest savings account. Spend the time researching these accounts, such as the ones available from ING Direct and HSBC Direct, among others. That’s probably the best place for her to put her money for now.

]]> By: Christine http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/#comment-23731 Christine Mon, 07 May 2007 22:20:56 +0000 http://www.thesimpledollar.com/2007/05/07/the-value-of-facing-down-your-financial-fears/#comment-23731 Hey, I really like your blog and have been reading it for a while.

I’m a freshman in college right now, and whenever I visit home for a break my sister and I have a “Sister Day” together. A lot of times we will go out for lunch, watch a movie, and perhaps wonder around in a mall.

The other day on AIM I was talking to my sister about prom (She’s a freshman in HS but went with an older friend) and how she ows our parents $100 for it. I asked her about the money she had in her bank account, and she reminded me that she isn’t spending that. I suggested that she put the money into something that gets returns better than 1.7% a year.

So, we decided that our next sister day will have a financial theme. We’ll still go out to lunch (the parents pay) but instead of shopping at the mall we’ll work on making her money work for her; I rather like the idea of getting a CD, or investing in a mutual fund.

But is this possible? I’m 18 so I can do what I like with my money, but I don’t know what sort of things a 14 year old can do, legally. Would it be necissary to bring parents to sign things?

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