Comments on: 10 Reasons It’s Your Fault You’re Broke

By: LifeExcursion

LifeExcursion — Tue, 11 Aug 2009 03:05:49 +0000

To TennExile: I may disagree with ya but thanks for commenting still!

To MyJourney: I agree. Thanks for adding that point.

Thanks to everyone again for commenting!

Dave
LifeExcursion
LifeExcursion´s last blog ..Power of ‘No’

By: My Journey

My Journey — Mon, 10 Aug 2009 15:14:20 +0000

Great List! The only one I would add is, “You don’t think there is a problem because you can pay your minimum payments”
My Journey´s last blog ..2008 Income Source Statistics by Age and Total Income

By: TennExile

TennExile — Mon, 10 Aug 2009 14:47:59 +0000

Every “this is why you’re broke” list I have ever seen forgets the one essential that could fix the problem: If you are living beyond your means, raise your means. If people with more training, better training, higher degrees get better jobs or better opportunities, do that. Go to school and lay the foundation for a career in something other than waitress or clerk. If your lifestyle demands more money, earn more money. Work today for the rewards of tomorrow. It’s called paying your dues. Nobody is an overnight success. You work your butt off to get the rewards down the line.

Oh, and budget. Do that.

By: LifeExcursion

LifeExcursion — Fri, 07 Aug 2009 22:19:21 +0000

Hope you ladies and gent’s enjoyed…. a few reply’s to your comments:

Ashley- I couldn’t agree more with you that managing peer pressure is the key to most individuals problems. Thanks for your time!!!

Rob- I agree that there are sometimes matters that are not our fault. But usually, whens something happens out of our own hands, the recovery process is much faster if we have a built up savings rather than following the list above and not still saving. Thanks for your comment!!!

Craig- Vegas is one heck of a ride. Will not disagree with ya there. The problem is that many of us don’t set up additional funds for Vegas and rather spend what should be used for other more important purposes. I love Vegas for a weekend, but my debt being off my shoulder can be great year round. Thanks for your comments….

Thanks again to those who commented and checked out LifeExcursion!!!

Dave
LifeExcursion
LifeExcursion´s last blog ..Girls Living Against Minimalism: Purses

By: Craig

Craig — Fri, 07 Aug 2009 20:15:45 +0000

The list is so true, but Vegas and getting drunk is one hell of a weekend to go broke on.

By: Rob Bennett

Rob Bennett — Fri, 07 Aug 2009 15:04:03 +0000

You’re right.

At least in a practical sense.

There are of course cases in which it is not entirely one’s own fault that one is broke. For practical purposes, though, there is usually not too much we can do about the non-us factors.

Is it the “I” factors than I can change. So that’s what I need to focus on.

Rob
Rob Bennett´s last blog ..Podcast #138 — Why the Stock Market Does Not Set Prices Properly

By: Ashley

Ashley — Fri, 07 Aug 2009 14:38:21 +0000

Taking responsibility for your actions is a good step towards becoming financially responsible. Sad that 6 of the items (1, 2, 3, 4, 5, 7) are strongly influenced by peer pressure or others. Finding friends that are financially responsible, and having enough confidence not to care what others think would help to alleviate some of those problems.
Ashley´s last blog ..Medical Credit Cards: Should You Get One?