Archive for the ‘money’ Category

Cash or Credit? Running From the Numbers

June 18, 2007

I’ve written a page after having run some numbers regarding our credit cards. It could potentially take a very long time, a decade, without aggressive action! Over at the Simple Dollar, Trent posted an interesting dilemma revolving around the idea of maybe cashing out a 401K. Obviously, not something you want to do without careful, sustained thought.

Cut the hair, did the early morning gas run. Went to the farmer’s market. Ah, the smell of fresh herbs, sage and mint, drifting over the asparagus… A delightful Father’s Day.

The Ups & Downs of a Debt Gladiator

June 13, 2007

Blogging for Financial Focus
We’re finding that blogging is a fun way to help us focus and stay energized about conquering our debt. I read that one blogging couple likes to blog because it helps them communicate about money. I find this to be true for us too. It’s especially humorous when you learn something new about your spouse (or his spending or ahem penchant for parking tickets) via the blog.

The Highs & Lows of Financial Responsibility
I’ve noticed that there are definitely highs and lows of being a debt gladiator. This week I’ve read some interesting posts and comments about the joy that bloggers find in their frugality as well as the struggles they face. The ups and downs resonated with me.

The Joys & Glory of Engaging in a Battle with Debt
The Simple Dollar had a great post called “What Aspects of Personal Finance Bring You Happiness?” Trent from The Simple Dollar shared his most exhilarating moments from his personal finance journey and asked readers to do the same. It’s wonderful to read the comments. The joys come from small changes in how we live/think as well as big actions such as paying off a big debt or reaching a financial goal.

The Travails & Horror of it All
On the other side we all have periods of time (could be a moment or days, weeks, months or god help us years) in which we feel so beaten down by our financial woes that it is hard to pull oneself out of that funk and feel like there’s any way our situations will ever change. We either live in denial and rack up more debt or we look that ugly debt beast square in the face and commit to take care of it. Unfortunately the taking care of the beast part isn’t over so quickly and can often take such a long time that we feel we’re paralyzed and hopeless. I know for me the realization that I’m going to be working full time for another 25 years can get me very down. Again, Trent from The Simple Dollar had a great post about this called “I’m Making all the Right Moves but I’m Still Unhappy.”

I should ask my therapist husband for some tips in how to balance between the euphoria and the hopelessness. Could there be such a thing as a bipolar wallet?

Does anyone out there have any tips or thoughts to share about how to reach balance during a battle with debt? Please share your thoughts.

The Blogger and the Parking Ticket

May 31, 2007

The good news is I got my first comment on my blog! I was startled to get the moderator email. Thanks Hazzard!

But I was quite pissed off the find that I got a parking ticket for not curbing my wheels on a grade. Never got that one before. I suppose it’s a good sign that I don’t just shrug it off as I have in the past. At least in the short term.

In general, I don’t think it’s healthy to get too worked up about these things. On the other hand, forty dollars! That ain’t frugal!

$40. I felt like I dropped three martinis or something. Very disappointing. Especially after eating a cheese sandwich and an apple for lunch.

What’s Your Worldview?

May 17, 2007

One of my patients asked me this. Think about it. How would you answer?

I’m feeling very behind on the blog, but can one be behind on a blog? Here are some thoughts from an early psychologist on attitudes toward money:

The next point to be decided on beginning the treatment is the money question, the physician’s fee. The analyst does not dispute that money is to be regarded first and foremost as the means by which life is supported and power is obtained, but he maintains that, besides this, powerful sexual factors are involved in the value set upon it; he may expect, therefore, that money questions will be treated by cultured people in the same manner as sexual matters, with the same inconsistency, prudishness and hypocrisy. He is therefore determined beforehand not to concur in this attitude, and in his dealings with patients to treat money matters with the same matter-of-course frankness that he wishes to induce in them towards matters relating to sexual life. By voluntarily introducing the subject of fees stating the price for which he gives his time, he shows the patient that he himself has cast aside false shame in these matters.

In case you’re wondering, it’s Sigmund Freud.