Comments on: Things I DIDN’T Learn in College: Part 9 – Personal Finance http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/ Wise Choices. Improved Finances. A Better Life. Thu, 11 Mar 2010 19:36:31 -0600 http://wordpress.org/?v=2.9.2 hourly 1 By: hank http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/comment-page-1/#comment-1640 hank Sat, 26 Apr 2008 04:25:24 +0000 http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/#comment-1640 I hear you. I didn't learn ANYTHING financial in school. I spent a lot of time taking classes that interested me, but didn't really teach me so much... Sometimes it is better to learn things the by example though, eh? ;) I hear you. I didn’t learn ANYTHING financial in school. I spent a lot of time taking classes that interested me, but didn’t really teach me so much… Sometimes it is better to learn things the by example though, eh? ;)

]]> By: Ron http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/comment-page-1/#comment-1142 Ron Wed, 26 Mar 2008 01:14:02 +0000 http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/#comment-1142 @Sebbi: Thank you Sebbi. I hope you enjoy my blog posts. :D @Sebbi:
Thank you Sebbi. I hope you enjoy my blog posts. :D

]]> By: Sebbi http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/comment-page-1/#comment-1139 Sebbi Tue, 25 Mar 2008 23:19:27 +0000 http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/#comment-1139 thanks for the post. i hope to listen some more. Best regards from Sebbi thanks for the post. i hope to listen some more.
Best regards from Sebbi

]]> By: Ron http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/comment-page-1/#comment-789 Ron Wed, 05 Mar 2008 23:29:18 +0000 http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/#comment-789 @ Martin The alphabet boys? That's too funny, I'll have to remember that one! Once again, you've written a very well thought out and intelligent comment that I agree with. Personally, you sound like someone who should be teaching in college! You've always got great insight. I'm thankful to have great readers like you who always know what to say. @ Martin
The alphabet boys? That’s too funny, I’ll have to remember that one!
Once again, you’ve written a very well thought out and intelligent comment that I agree with. Personally, you sound like someone who should be teaching in college! You’ve always got great insight. I’m thankful to have great readers like you who always know what to say.

]]> By: Ron http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/comment-page-1/#comment-786 Ron Wed, 05 Mar 2008 23:25:53 +0000 http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/#comment-786 @Shama Hyder Thanks Shama, you're exactly right. Those are two of the few areas that almost ALWAYS warrant special attention. Thank you for commenting! @Shama Hyder
Thanks Shama, you’re exactly right. Those are two of the few areas that almost ALWAYS warrant special attention.

Thank you for commenting!

]]> By: Shama Hyder http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/comment-page-1/#comment-785 Shama Hyder Wed, 05 Mar 2008 21:50:23 +0000 http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/#comment-785 Hi Ron, Further education and investing in your business are definitely two big areas which you should never shy away from. Great lessons! Hi Ron,

Further education and investing in your business are definitely two big areas which you should never shy away from.

Great lessons!

]]> By: Ron http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/comment-page-1/#comment-753 Ron Wed, 05 Mar 2008 01:36:32 +0000 http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/#comment-753 @Andy That would be a great idea. The problem is that there isn't someone, other than the student, who benefits. The colleges all get paid by the credit card issuers and they receive monies from the proceeds of the student loans. They have no incentive to teach personal finance. It's a shame really. A shame that we send people off to start their life shackled to a rock they will drag around with them for decades. @Andy
That would be a great idea. The problem is that there isn’t someone, other than the student, who benefits. The colleges all get paid by the credit card issuers and they receive monies from the proceeds of the student loans. They have no incentive to teach personal finance.

It’s a shame really. A shame that we send people off to start their life shackled to a rock they will drag around with them for decades.

]]> By: one way link building http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/comment-page-1/#comment-769 one way link building Tue, 04 Mar 2008 21:28:22 +0000 http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/#comment-769 This is Martin. I find I pay for most things on credit card. With that said, I pay off my credit card every month. Most people I know don't do that. Debt is slavery. No doubt about that. I'm self employed. The worst thing I hate is that on average I try to save half of my gross income for taxes. A lot of times I don't owe that much but the fear of the alphabet boys (IRS,FBI) coming to me three years from now saying I owe 40K and God forbid I don't have it, keeps me from doing other things like live within my earned means. I'm not even talking blowing money in Vegas on private parties, I'm talking extra school. Business investments. Home Improvement. That costs a lot. And in a lot of cases isn't immediately re coupable. School is funny thing. I never graduated college (like you couldn't tell from my spelling), but I find I just have natural hunger to grow and learn. I have friends with degrees who cant' find descent jobs, the fields they studied for aren't "hiring". Now they have student loans and an education that pigeon holds them. What's worst is no financial discipline. Not knowing when my next check is coming has given me pretty good financial habits (except for after my fourth shot of scotch). I have a descent emergency fund that I keep in a 5.05% bearing savings account. A lot of people essentially spend money to become happy. They'll never admit it but that's what they do. Happiness is an internal thing. Chasing happiness with money is like the horse chasing the carrot. You're never gonna catch it. Find reasons to smile when you are broke. When the sum of your life is accounted for you'll find this a lot easier to rest in peace with than allowing money to control your whole existence. Rather than loving you were miserable. Rather than joyful you were depressed. Realize hell or heaven on earth is all in your mind and you'll be fine. This is Martin. I find I pay for most things on credit card. With that said, I pay off my credit card every month. Most people I know don’t do that. Debt is slavery. No doubt about that. I’m self employed. The worst thing I hate is that on average I try to save half of my gross income for taxes. A lot of times I don’t owe that much but the fear of the alphabet boys (IRS,FBI) coming to me three years from now saying I owe 40K and God forbid I don’t have it, keeps me from doing other things like live within my earned means. I’m not even talking blowing money in Vegas on private parties, I’m talking extra school. Business investments. Home Improvement. That costs a lot. And in a lot of cases isn’t immediately re coupable.

School is funny thing. I never graduated college (like you couldn’t tell from my spelling), but I find I just have natural hunger to grow and learn. I have friends with degrees who cant’ find descent jobs, the fields they studied for aren’t “hiring”. Now they have student loans and an education that pigeon holds them. What’s worst is no financial discipline.

Not knowing when my next check is coming has given me pretty good financial habits (except for after my fourth shot of scotch). I have a descent emergency fund that I keep in a 5.05% bearing savings account.

A lot of people essentially spend money to become happy. They’ll never admit it but that’s what they do. Happiness is an internal thing. Chasing happiness with money is like the horse chasing the carrot. You’re never gonna catch it. Find reasons to smile when you are broke. When the sum of your life is accounted for you’ll find this a lot easier to rest in peace with than allowing money to control your whole existence. Rather than loving you were miserable. Rather than joyful you were depressed. Realize hell or heaven on earth is all in your mind and you’ll be fine.

]]> By: Andy http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/comment-page-1/#comment-750 Andy Tue, 04 Mar 2008 14:43:53 +0000 http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/#comment-750 Great points and spot on. They should personal finance 101 a mandatory course in school and college! Great points and spot on. They should personal finance 101 a mandatory course in school and college!

]]> By: Andy http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/comment-page-1/#comment-749 Andy Tue, 04 Mar 2008 14:42:37 +0000 http://www.thewisdomjournal.com/Blog/things-i-didnt-learn-personal-finance/#comment-749 Great article Patrick. Your points are spot on in this post. If you want to exchange links, drop in a comment on my blog and I’ll add you to my blogroll. Cheers, Andy. Great article Patrick. Your points are spot on in this post.

If you want to exchange links, drop in a comment on my blog and I’ll add you to my blogroll.

Cheers,
Andy.

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