Comments on: A Nightmare Indeed http://gentlenews.com/2006/05/27/a-nightmare-indeed/ Invalidating people's opinions and personal sentiments since 1981. Thu, 04 Dec 2008 19:14:50 +0000 http://wordpress.org/?v=2.6.3 By: Jim Reverend http://gentlenews.com/2006/05/27/a-nightmare-indeed/#comment-1870 Jim Reverend Tue, 30 May 2006 16:44:54 +0000 http://gentlenews.com/archives/2006/05/27/a-nightmare-indeed/#comment-1870 Jess and I have recently started a similar practice (though for entirely different reasons). It is a bit draconian... but... neither of us feels put off by it when we accept the good that it will bring. Jess and I have recently started a similar practice (though for entirely different reasons). It is a bit draconian… but… neither of us feels put off by it when we accept the good that it will bring.

]]> By: Rachel http://gentlenews.com/2006/05/27/a-nightmare-indeed/#comment-1869 Rachel Mon, 29 May 2006 02:43:32 +0000 http://gentlenews.com/archives/2006/05/27/a-nightmare-indeed/#comment-1869 You know... one of the biggest thing that helped me was to get Quicken. And I really did record every penny that I spent. I had no idea that I was literally spending 3% of my income at Starbucks... wtf. Needless to say the number of lattes I ordered after that decreased significantly. Those $4 here and there really added up and I just didn't know how much until I looked at it in a nice pie chart. I actually fell out of practice of recording every penny, but the lessons from the first time are there. (Though I should probably start recording again, I am sure I have some new squander I don't realize yet.) You know… one of the biggest thing that helped me was to get Quicken. And I really did record every penny that I spent. I had no idea that I was literally spending 3% of my income at Starbucks… wtf. Needless to say the number of lattes I ordered after that decreased significantly. Those $4 here and there really added up and I just didn’t know how much until I looked at it in a nice pie chart.

I actually fell out of practice of recording every penny, but the lessons from the first time are there. (Though I should probably start recording again, I am sure I have some new squander I don’t realize yet.)

]]> By: Zohreh http://gentlenews.com/2006/05/27/a-nightmare-indeed/#comment-1868 Zohreh Sun, 28 May 2006 01:06:36 +0000 http://gentlenews.com/archives/2006/05/27/a-nightmare-indeed/#comment-1868 I read a book last week called "Young, Fabulous, and Broke". I was a little hesitant but I found it to be very appropos for people starting a career and trying to take off. Orman, S. "Young, Fabulous, and Broke". I read a book last week called “Young, Fabulous, and Broke”. I was a little hesitant but I found it to be very appropos for people starting a career and trying to take off.

Orman, S. “Young, Fabulous, and Broke”.

]]> By: Josh Davis http://gentlenews.com/2006/05/27/a-nightmare-indeed/#comment-1867 Josh Davis Sat, 27 May 2006 21:50:04 +0000 http://gentlenews.com/archives/2006/05/27/a-nightmare-indeed/#comment-1867 Realtime tab sounds good. It's both the daily accumulation of sub $100 squanders in addition to the big stuff that chips it away. It is draconian, but that doesn't mean it's bad. When you'de dealing with debt resolution and wealth accumulation, it takes tight controls. Otherwise, it leaks quickly away. The other option is to A) Limit how much debt you can accumulate and B) have savings autmatically pulled from pay and generally difficult to access (ie, no ATM or check access). I commend you on your efforts. It's tough and takes alot of self control. Once you get paid off, just don't ever let anything go on card that you're not willing to pay off that cycle. Realtime tab sounds good. It’s both the daily accumulation of sub $100 squanders in addition to the big stuff that chips it away.

It is draconian, but that doesn’t mean it’s bad. When you’de dealing with debt resolution and wealth accumulation, it takes tight controls. Otherwise, it leaks quickly away.

The other option is to A) Limit how much debt you can accumulate and B) have savings autmatically pulled from pay and generally difficult to access (ie, no ATM or check access).

I commend you on your efforts. It’s tough and takes alot of self control. Once you get paid off, just don’t ever let anything go on card that you’re not willing to pay off that cycle.

]]> By: jenn (lasher) http://gentlenews.com/2006/05/27/a-nightmare-indeed/#comment-1866 jenn (lasher) Sat, 27 May 2006 17:51:47 +0000 http://gentlenews.com/archives/2006/05/27/a-nightmare-indeed/#comment-1866 d00d! i literally JUST did this. I gave my notice @ IBM on Wed and am going to change careers totally. Go check out my latest journal entry. Granted, you now have a "family" to think of vs just you... but still. Obviously, something is in the air these days. lol d00d! i literally JUST did this. I gave my notice @ IBM on Wed and am going to change careers totally. Go check out my latest journal entry. Granted, you now have a “family” to think of vs just you… but still. Obviously, something is in the air these days. lol

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