Comments on: Sound Money Advice for You & Michael Jackson’s Kids – DFA Tip of the Week http://www.debtfreeadventure.com/sound-money-advice-for-you-michael-jacksons-kids-dfa-tip-of-the-week/ Pay off debt. Save. Give. Live your mission. Fri, 10 Feb 2012 04:12:45 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Barbara Ling, Virtual Coach http://www.debtfreeadventure.com/sound-money-advice-for-you-michael-jacksons-kids-dfa-tip-of-the-week/#comment-1001 Barbara Ling, Virtual Coach Sun, 12 Jul 2009 11:38:33 +0000 http://www.debtfreeadventure.com/?p=1300#comment-1001 Brilliant ideas! Love this part: Instead of spending your money on the latest fads & trends, inventory your stuff to see what you already own then make it useful or give it to charity & write it off on your taxes. Shared, tweeted and stumbled with me network, thanks for sharing! Brilliant ideas! Love this part: Instead of spending your money on the latest fads & trends, inventory your stuff to see what you already own then make it useful or give it to charity & write it off on your taxes.

Shared, tweeted and stumbled with me network, thanks for sharing!

]]> By: See you at the Top | Giveaway http://www.debtfreeadventure.com/sound-money-advice-for-you-michael-jacksons-kids-dfa-tip-of-the-week/#comment-971 See you at the Top | Giveaway Fri, 10 Jul 2009 13:51:56 +0000 http://www.debtfreeadventure.com/?p=1300#comment-971 [...] Sound Money Advice for Michael Jackson's kids and for you! [...] [...] Sound Money Advice for Michael Jackson's kids and for you! [...]

]]> By: Matt Jabs http://www.debtfreeadventure.com/sound-money-advice-for-you-michael-jacksons-kids-dfa-tip-of-the-week/#comment-959 Matt Jabs Thu, 09 Jul 2009 16:00:54 +0000 http://www.debtfreeadventure.com/?p=1300#comment-959 Great points you have made here Kevin! I will point you to an article I recently wrote on FiveCentNickel.com that addresses <a href="http://www.fivecentnickel.com/2009/07/02/breaking-free-from-a-culture-of-temptation-dfa/" rel="nofollow"><em>"Breaking Free From a Culture of Temptation"</em></a>. Before I buy anything now, I scrutinize my need for the product, then look to see if I can use anything I already have, then move on from there... Usually I find that I do not need it, or that I already have something that works just fine. Great points you have made here Kevin!

I will point you to an article I recently wrote on FiveCentNickel.com that addresses “Breaking Free From a Culture of Temptation”.

Before I buy anything now, I scrutinize my need for the product, then look to see if I can use anything I already have, then move on from there… Usually I find that I do not need it, or that I already have something that works just fine.

]]> By: Matt Jabs http://www.debtfreeadventure.com/sound-money-advice-for-you-michael-jacksons-kids-dfa-tip-of-the-week/#comment-958 Matt Jabs Thu, 09 Jul 2009 15:57:17 +0000 http://www.debtfreeadventure.com/?p=1300#comment-958 I am so glad that I could motivate even one person to strive toward more freedom regarding their finances! I have a burden to spread the word... Congrats on working to gain greater control over your personal finances! Just that fact alone is very liberating. Even if we still have debt, making any positive steps in the right direction is so encouraging... and addictive I might add! <strong>I wholeheartedly agree with your friend Dan.</strong> It is inexplicably important that we work to pay ourselves first, no matter how small the amount! Have you started using the Google Docs spreadsheets for budgeting? I am using the <a href="http://docs.google.com/previewtemplate?id=0As3tAuweYU9QcHlVM3hrY2tocEkwUDZLSTNmbm1WRWc&mode=public" rel="nofollow">Family Budget Planner</a> one and like it a lot so far. I am so glad that I could motivate even one person to strive toward more freedom regarding their finances! I have a burden to spread the word…

Congrats on working to gain greater control over your personal finances! Just that fact alone is very liberating.

Even if we still have debt, making any positive steps in the right direction is so encouraging… and addictive I might add!

I wholeheartedly agree with your friend Dan. It is inexplicably important that we work to pay ourselves first, no matter how small the amount!

Have you started using the Google Docs spreadsheets for budgeting? I am using the Family Budget Planner one and like it a lot so far.

]]> By: Kevin@OutOfYourRut http://www.debtfreeadventure.com/sound-money-advice-for-you-michael-jacksons-kids-dfa-tip-of-the-week/#comment-957 Kevin@OutOfYourRut Thu, 09 Jul 2009 13:55:28 +0000 http://www.debtfreeadventure.com/?p=1300#comment-957 Matt--Nothing to add to your advice on savings, it's solid. But a comment or two on the fad issue. It's easy enough to identify fads when they're in the form of something as outrageous as an orange jacket with 100 zippers. But what when it's more subtle, such as the latest must have, gadget du jour? Or the hottest vacation spot? Or the newest restaurant in town? All of these are fads as well, and in order to maximize the amount we save, fads in any form are best avoided. Real value is found in the things that are overlooked, not the ones everyone's stampeding to buy. Matt–Nothing to add to your advice on savings, it’s solid. But a comment or two on the fad issue.

It’s easy enough to identify fads when they’re in the form of something as outrageous as an orange jacket with 100 zippers. But what when it’s more subtle, such as the latest must have, gadget du jour? Or the hottest vacation spot? Or the newest restaurant in town?

All of these are fads as well, and in order to maximize the amount we save, fads in any form are best avoided. Real value is found in the things that are overlooked, not the ones everyone’s stampeding to buy.

]]> By: Mom http://www.debtfreeadventure.com/sound-money-advice-for-you-michael-jacksons-kids-dfa-tip-of-the-week/#comment-956 Mom Thu, 09 Jul 2009 13:10:40 +0000 http://www.debtfreeadventure.com/?p=1300#comment-956 You are really inspiring me to become more formal with my budget and savings! I actually accessed the Google Docs for budgeting that you recommended the other day and told my husband, who is working in Florida, to save his receipts so I can see what he is spending down there. Supporting two households definitely complicates things, but it can be done. The first thing I did was to set up a separate bank account to transfer money for him to access for his expenses. That gives him a budget figure to work with. Much to easy to blindly use that debit card, since I handle our finances. My friend Dan has been harping at me to save, even if its five bucks, he says. So, I guess I will listen and start taking your great advice. Thanks! You are really inspiring me to become more formal with my budget and savings! I actually accessed the Google Docs for budgeting that you recommended the other day and told my husband, who is working in Florida, to save his receipts so I can see what he is spending down there. Supporting two households definitely complicates things, but it can be done. The first thing I did was to set up a separate bank account to transfer money for him to access for his expenses. That gives him a budget figure to work with. Much to easy to blindly use that debit card, since I handle our finances. My friend Dan has been harping at me to save, even if its five bucks, he says. So, I guess I will listen and start taking your great advice. Thanks!

]]> By: Northern Camping http://www.debtfreeadventure.com/sound-money-advice-for-you-michael-jacksons-kids-dfa-tip-of-the-week/#comment-947 Northern Camping Wed, 08 Jul 2009 21:57:50 +0000 http://www.debtfreeadventure.com/?p=1300#comment-947 I had never seen MJ's kids before yesterday. In fact, it was a little surreal to see them. Especially Paris. God bless her! I wish them the absolute best and pray they do not let the demons that often surround unguarded money to affect their lives!! I had never seen MJ’s kids before yesterday. In fact, it was a little surreal to see them. Especially Paris. God bless her!

I wish them the absolute best and pray they do not let the demons that often surround unguarded money to affect their lives!!

]]> By: Ray http://www.debtfreeadventure.com/sound-money-advice-for-you-michael-jacksons-kids-dfa-tip-of-the-week/#comment-943 Ray Wed, 08 Jul 2009 14:49:45 +0000 http://www.debtfreeadventure.com/?p=1300#comment-943 Often people think "oh it's only $50 no point in saving" they believe saving large amounts is the only way you can build a savings.......small amounts over time can add up quickly and more importantly it will get you in the habit of saving. p.s. it seems like it's "how to save" day this is now the fourth post i came across that talks about how to save ;) Often people think “oh it’s only $50 no point in saving” they believe saving large amounts is the only way you can build a savings…….small amounts over time can add up quickly and more importantly it will get you in the habit of saving.

p.s. it seems like it’s “how to save” day this is now the fourth post i came across that talks about how to save ;)

]]> By: Bible Money Matters http://www.debtfreeadventure.com/sound-money-advice-for-you-michael-jacksons-kids-dfa-tip-of-the-week/#comment-942 Bible Money Matters Wed, 08 Jul 2009 14:49:38 +0000 http://www.debtfreeadventure.com/?p=1300#comment-942 Sometimes the basics like spending less than you earn and automating savings are the things that most people forget to do. Good reminders! Sometimes the basics like spending less than you earn and automating savings are the things that most people forget to do. Good reminders!

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