Comments on: Pick the Low Hanging Fruit to Get your Finances in Order Quickly http://cashmoneylife.com/pick-the-low-hanging-fruit-to-get-your-finances-in-order-quickly/ Money Management, Small Business, Career Wed, 23 May 2012 21:16:10 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Ryan http://cashmoneylife.com/pick-the-low-hanging-fruit-to-get-your-finances-in-order-quickly/#comment-19522 Ryan Tue, 01 Sep 2009 14:24:28 +0000 http://cashmoneylife.com/?p=1794#comment-19522 Momentum is magical. The psychological wins can be more valuable than the actual dollar amount. Momentum is magical. The psychological wins can be more valuable than the actual dollar amount.

]]> By: DDFD at DivorcedDadFrugalDad http://cashmoneylife.com/pick-the-low-hanging-fruit-to-get-your-finances-in-order-quickly/#comment-19521 DDFD at DivorcedDadFrugalDad Tue, 01 Sep 2009 14:15:58 +0000 http://cashmoneylife.com/?p=1794#comment-19521 Great post Ryan! I am a firm believer in small wins leading to bigger wins-- even if the interest rates are lower to start-- Momentum is magical! Great post Ryan! I am a firm believer in small wins leading to bigger wins– even if the interest rates are lower to start– Momentum is magical!

]]> By: Ryan http://cashmoneylife.com/pick-the-low-hanging-fruit-to-get-your-finances-in-order-quickly/#comment-19472 Ryan Fri, 28 Aug 2009 00:41:35 +0000 http://cashmoneylife.com/?p=1794#comment-19472 Great point, Hal, and something I've written about before: <a href="http://cashmoneylife.com/a-penny-saved-is-worth-more-than-a-penny-earned/" rel="nofollow">A Penny Saved is Worth More Than a Penny Earned</a>. :) Great point, Hal, and something I’ve written about before: A Penny Saved is Worth More Than a Penny Earned. :)

]]> By: Hal http://cashmoneylife.com/pick-the-low-hanging-fruit-to-get-your-finances-in-order-quickly/#comment-19471 Hal Fri, 28 Aug 2009 00:27:21 +0000 http://cashmoneylife.com/?p=1794#comment-19471 Recall, that while a dollar earned is important, the dollar that you do not spend has a greater impact......why?.......you must pay taxes on the dollar that you earned. The dollar that you did not spend, you have already paid the taxes on..therefore it has greater impact on the bottom line. An advertising agency is successful when you are convienced that the product/service they are "pushing" is a "must have". Recall, that while a dollar earned is important, the dollar that you do not spend has a greater impact……why?…….you must pay taxes on the dollar that you earned. The dollar that you did not spend, you have already paid the taxes on..therefore it has greater impact on the bottom line. An advertising agency is successful when you are convienced that the product/service they are “pushing” is a “must have”.

]]> By: Ryan http://cashmoneylife.com/pick-the-low-hanging-fruit-to-get-your-finances-in-order-quickly/#comment-19466 Ryan Thu, 27 Aug 2009 01:46:51 +0000 http://cashmoneylife.com/?p=1794#comment-19466 I haven't had a land line in years. I have cable internet service and my cell phone plan has all the minutes I need. I haven’t had a land line in years. I have cable internet service and my cell phone plan has all the minutes I need.

]]> By: Curious Cat Investing Blog http://cashmoneylife.com/pick-the-low-hanging-fruit-to-get-your-finances-in-order-quickly/#comment-19464 Curious Cat Investing Blog Thu, 27 Aug 2009 01:44:16 +0000 http://cashmoneylife.com/?p=1794#comment-19464 Good advice. Those under 30 (and many in their 30's) already ditched land line phones - but if you have not do that http://investing.curiouscatblog.net/2008/12/10/kiss-your-phone-bill-good-bye/ Getting rid of cable TV is one I like. Eliminating monthly payments overall is a good. And just don't buy stuff you don't need. In general Americans buy tons of stuff they have no use for. Just stopping that helps a huge deal. Then splurging for stuff you don't really need but want occasionally is fine. Don't let banks trick you into paying huge fees. Don't get conned by advertising into thinking you need $200 basketball (or any other type) shoes, or other vanity driven expenses. Good advice. Those under 30 (and many in their 30′s) already ditched land line phones – but if you have not do that http://investing.curiouscatblog.net/2008/12/10/kiss-your-phone-bill-good-bye/ Getting rid of cable TV is one I like. Eliminating monthly payments overall is a good. And just don’t buy stuff you don’t need. In general Americans buy tons of stuff they have no use for. Just stopping that helps a huge deal. Then splurging for stuff you don’t really need but want occasionally is fine. Don’t let banks trick you into paying huge fees.

Don’t get conned by advertising into thinking you need $200 basketball (or any other type) shoes, or other vanity driven expenses.

]]> By: Ryan http://cashmoneylife.com/pick-the-low-hanging-fruit-to-get-your-finances-in-order-quickly/#comment-19439 Ryan Mon, 24 Aug 2009 18:00:24 +0000 http://cashmoneylife.com/?p=1794#comment-19439 Absolutely - it is easy to cut out many expenses. Sodas and coffee are similar to eating out... you can save a lot of money by avoiding purchasing sodas from the gas station or vending machine or buying premium coffees, like StarBucks. But many people have a lot of other areas where they can save money or simplify their financial lives. It's worth looking into. :-) Absolutely – it is easy to cut out many expenses. Sodas and coffee are similar to eating out… you can save a lot of money by avoiding purchasing sodas from the gas station or vending machine or buying premium coffees, like StarBucks.

But many people have a lot of other areas where they can save money or simplify their financial lives. It’s worth looking into. :-)

]]> By: Kirk Kinder http://cashmoneylife.com/pick-the-low-hanging-fruit-to-get-your-finances-in-order-quickly/#comment-19438 Kirk Kinder Mon, 24 Aug 2009 17:48:35 +0000 http://cashmoneylife.com/?p=1794#comment-19438 I think the lowest hanging fruit is on the expense side. Everyone has something that can be cut or eliminated. Not too be too cliched, but coffee and sodas are a great example. Avoid the coffee shops and vending machines and make your own coffee/buy soda at a store (or eliminate it completely). Also, switching phone services to an internet based VOIP system usually saves money. Or, look to reduce your cell phone plan. Most people don't use all their minutes every month. I also think a great place to start is by organizing your finances with an application like mint.com or Quicken online. Often time, just organizing your financial picture is enough to motivate folks to make some minor changes for the better. I think the lowest hanging fruit is on the expense side. Everyone has something that can be cut or eliminated. Not too be too cliched, but coffee and sodas are a great example. Avoid the coffee shops and vending machines and make your own coffee/buy soda at a store (or eliminate it completely). Also, switching phone services to an internet based VOIP system usually saves money. Or, look to reduce your cell phone plan. Most people don’t use all their minutes every month.

I also think a great place to start is by organizing your finances with an application like mint.com or Quicken online. Often time, just organizing your financial picture is enough to motivate folks to make some minor changes for the better.

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