Comments on: 10 Surprising Side Effects to Money Management

By: Link Love « Saving Money Ideas

Link Love « Saving Money Ideas — Sat, 03 Jan 2009 20:50:44 +0000

[...] 10 Surprising Side Effects to Money Management at Simple Mom [...]

By: simplemom

simplemom — Wed, 31 Dec 2008 05:02:23 +0000

We do – I wrote about how we do it here: http://simplemom.net/envelope-system/

By: rachel

rachel — Wed, 31 Dec 2008 04:48:21 +0000

Do you actually do the envelope system? I love Dave Ramsey, but I have a hang-up on this.

By: Keya

Keya — Tue, 30 Dec 2008 20:46:26 +0000

I really like you imput on this one. Specifically because you stress the ability to become “financially free” without necessarily earning a ton of money. I’ve been introduced and gotten involoved in the Home Business industry (MLM/Network marketing specifcally) with the hopes of becoming financially free. and while I think that there is potential to those kinds of businesses, the really key to financial freedom is in living within your means. Whether those means are a small single income, or a multi-million dollar income earned from a home based business. My husband and I have started to do more with less. Me not buying prepackaged foods including cake mixes, packing lunches for him, making homemade pizza instead of ordering out, and taking the extra from that and putting it itno a savings account. I haven’t use a credit card in a year, all because of a budget and this year my bank actually paid me a match just for saving money. Not bad.
Keya

By: Nancy D.

Nancy D. — Tue, 30 Dec 2008 04:02:17 +0000

Wow, I think my husband and I actually have your same side effects. We're all about budgets! Nancy D.´s last blog post...A little homesick

By: 3mily

3mily — Mon, 29 Dec 2008 18:05:55 +0000

i don't follow Ramsey's program (not because i don't like, just because i don't know much about it) but the "side-effects" you are talking about are so true. thanks for a great (motivating) list. 3mily´s last blog post...20 qualities of power-moms

By: Business & Finance Blogs » Blog Archive » Roundup and Link Love - Last Sunday of 2008 Edition

Mon, 29 Dec 2008 04:00:09 +0000

[...] at Simple Mom, she wrote about the surprising side effects to money management. Unlike all the designer drugs on the market, there aren’t any negative side effects to money [...]

By: Martha @ Better with Less

Martha @ Better with Less — Mon, 29 Dec 2008 01:32:35 +0000

Yes! Yes! Yes! I completely agree that cutting back and focusing on financial peace makes life so so much better - the whole subject of my blog! I also really think that if you can focus on looking at improving your quality of life via cutting back, it makes the day to day sacrifices seem more like little gifts instead. Thanks for the great content and Happy New Year! Martha Martha @ Better with Less´s last blog post...Show more love for less money

By: Roundup and Link Love - Last Sunday of 2008 Edition | The Wisdom Journal

Roundup and Link Love - Last Sunday of 2008 Edition | The Wisdom Journal — Mon, 29 Dec 2008 01:02:18 +0000

[...] at Simple Mom, she wrote about the surprising side effects to money management. Unlike all the designer drugs on the market, there aren’t any negative side effects to money [...]

By: Karen

Karen — Sun, 28 Dec 2008 16:27:33 +0000

We read Total Money Makeover and attended FPU 2 years ago. After 16 years of marriage and more financial laziness than I care to admit, we finally have peace. It is indescribable to those who don't yet have it. We have a lot left to pay off, but we are doing that with a plan and without incurring one additional cent of debt in the last few years. But, like you mentioned, the very best effect has been our communication. Not only are our finances in order, but our good marriage has become great. We sit down twice monthly to "do the budget". In that time, we discuss kids and their activities, plans for the coming month, goals for our family, and dreams for debt-free living. We are requiring the couple we're mentoring for marriage to do FPU and have a plan BEFORE they marry so they will start with the tools we wish we'd had- both financial and communicative. Karen´s last blog post...Way to Go, Kjersten!!!!