Comments on: Learning About Money “The Hard Way” http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/ 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: Linda http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-921227 Linda Sun, 15 Aug 2010 23:41:16 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-921227 I love that picture! It reminded me of my son eating spaghetti almost 20 years ago. Priceless! I enjoy your blog and all your information and helps.

]]> By: Matt http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-354115 Matt Thu, 14 Aug 2008 17:16:51 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-354115 Great analogy – kids learn from their mistakes. They learn to walk by falling down hundreds of times yet they learn what not to do and eventually they walk. I made my financial mistakes and I’m learning from them – I think we need to stop complaining and lamenting all the bad that has happened and do something to fix it.

]]> By: neimanmarxist http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-351055 neimanmarxist Sun, 10 Aug 2008 20:41:04 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-351055 ah. yes. we learned the hard way too. sometimes I grouse about it , wondering what we could have been thinking. My husband uses this analogy: hey, if we hadn’t been through all that heartache as teenagers, would we appreciate what we have now? I find financial responsibility a pleasure because i’ve lived through the pain caused by bad finances :)

]]> By: Rooks Nest http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-350946 Rooks Nest Sun, 10 Aug 2008 17:41:18 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-350946 Trent; first off, great picture of the little one, but also a good article too. My own situation is changing for the worst and I’m staring down the barrel of having to service a mortgage at UK prices with NO INCOME starting this month and due to long-term illness. I have built up about £8K in cash savings and have about three months overpayment in my mortgage account. OK you might say, but I can see this going real fast and it’s only now that I’m glad that I even bothered trying to save some money for a rainy day; beacuse that day is here; now. I still need to rein everything in big time and I’m really trying to experiment with a cash-only economy, as this is the only way I can see myself surviving until I can get sorted. I have Income Protection Insurance but the Insurer is dragging it’s feet (funny that they’re MUCH quicker when collecting the premium) and I’m going to have to live off my savings. What’s galling, is I’m going to have to do this at all, but the point off this rambling post is to get readers to pay attention to what you say beacause I’ve been careful, but you still don’t know when hard times are coming.
Best,
Rooks Nest.

]]> By: Chef http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-350069 Chef Sat, 09 Aug 2008 15:47:19 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-350069 My apologies pal. Turns out it was just an ad from the Google feed reader. They changed the display so it now appears to be more a part of the article. Keep on rocking on!

]]> By: Chef http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-350067 Chef Sat, 09 Aug 2008 15:40:40 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-350067 Ads on your feed? I just got a recommendation to buy some crazy stock because Buffet did from the feed for this article. I’m hoping you aren’t planning on doing ads on the feeds from now on.

]]> By: Margaret http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-350058 Margaret Sat, 09 Aug 2008 15:19:08 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-350058 Alas, my mess is also on the floor, under the seat cover, down my shirt, and splattered on the walls and ceiling. I’ve learned, but I’ll be cleaning up this mess for years.

stupid stupid credit cards

]]> By: T http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-350012 T Sat, 09 Aug 2008 13:27:05 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-350012 Hi Trent! I’ve been a longtime reader of your site (though this is my first comment). However there’s something I want to ask you. Is “The Tao of Making Money” still around? I went to the site a few times recently, after sort of trailing off reading it maybe a year ago, and it’s got an error now. Do you know what’s going on?

Great article by the way! I’m too young to have learned the hard way yet, but I hope thanks to you I will never have to.

]]> By: kellykelly http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-350010 kellykelly Sat, 09 Aug 2008 13:24:06 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-350010 Eeek!!!

That photo makes me want to run out and get my tubes tied!

(No offense Trent — I guess I’m just not wired to be a parent!!!)

]]> By: warillever http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349987 warillever Sat, 09 Aug 2008 12:36:43 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349987 What a wonderful analogy for personal finance.

We make the same mistakes over and over again until we get it. And make a big mess along the way.

Even after a child learns to use a spoon, he still regresses to using his fingers becuase it is easier and more pleasant somehow (at least if that child is my 6yo son), which is just like the person who *knows* how to manage their finances, but just can’t resist buying a book that “I’ll read when I get the chance.

(I have the same book weakness that you have, Trent.)

]]> By: Shareed http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349944 Shareed Sat, 09 Aug 2008 11:15:33 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349944 Going through financial problems really makes me think of the phrase “What doesn’t kill you makes you stronger”.

It’s haedvto communicate an aggressive financial plan with people who aren’t “weird”

]]> By: Jules http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349885 Jules Sat, 09 Aug 2008 06:07:40 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349885 AWWWWWWWW…*keels over from TEH KYOOT*

Some mistakes are worth making. I learned a lot about myself during my flopped dual-degree studies.

]]> By: akinoluna http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349871 akinoluna Sat, 09 Aug 2008 05:16:13 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349871 The kid’s hair is almost as funny as the prune disaster. It’s sticking straight out from both sides of his head! haha

]]> By: Roger http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349817 Roger Sat, 09 Aug 2008 01:25:05 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349817 Cute picture, cute kid, and great analogy. I’ve noticed the tendency of financial writers to have faced challenging financial difficulties and recover, as well; it does seem to light a fire in their belly. As one of the few (perhaps very few…) people who haven’t had to endure such difficulties before my ‘enlightenment’ about the need for wise(r) money management, I have noticed I’m nowhere near the level of focus and dedication to improve my financial situation as many I’ve encountered in the PF community (including you of course, Trent).

That said, I’m hoping that I can learn and grow from others’ mistakes, rather than having to get myself into a huge financial hole in order to be inspired.

]]> By: Amanda http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349769 Amanda Fri, 08 Aug 2008 22:26:32 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349769 Wow–great quote. Funny pic too –it’s a perfect visualization of my pre-$$ savvy, especially the slightly disoriented look = how did this happen to me?! : )

]]> By: hippykidz http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349759 hippykidz Fri, 08 Aug 2008 22:09:27 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349759 What a cutie thanx for the smile. That’s also a great analogy. I had to learn the hard way and well, I too have spilt my prunes. You always find a way to put it in real terms that remind me I’m not alone and it can be done. Thnks

]]> By: learning the ropes http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349746 learning the ropes Fri, 08 Aug 2008 21:37:53 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349746 Although you had some solid advice here, Its the pic ture that stole my heart. You have one cute baby here. Love it!!!

]]> By: Andre Kibbe http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349745 Andre Kibbe Fri, 08 Aug 2008 21:36:28 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349745 Love that pic! What was the article about?

]]> By: LC http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349742 LC Fri, 08 Aug 2008 21:30:52 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349742 Priceless pic!

]]> By: Trent http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349737 Trent Fri, 08 Aug 2008 21:11:30 +0000 http://www.thesimpledollar.com/2008/08/08/learning-about-money-the-hard-way/#comment-349737 “I suspect that something about learning the hard way, though, inspires the passion necessary to write these books and blogs.”

I agree with that assessment strongly, Wanda. If you look at the blogs and books that really put in the effort to produce great stuff, there’s not only passion there, but a passion fueled by the fear of knowing what it’s like to stare off that cliff.

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