Dec. 30th, 2009

jamethiel: Money! (Money)
[personal profile] jamethiel
Hi everyone! How are you? How was your Christmas?

Looking around my reading circle, it seems like most everyone had a pretty horrible, awful, no good year. Mine was actually okay.

Finances and Christmas are a very stressful combination. How to get back on your mental feet after blowing it. )


Now, I'd just like to put a few words in for other blogs. Because finances aren't something we're taught, I'm having to teach myself. I read widely and try to read sceptically. (For instance, "Rich Dad, Poor Dad" has some very poor financial advice) But some blogs that I've found that really help me:

Get Rich Slowly. Get Rich Slowly is awesome. It's sensible. The blog author is all about frugal living, sensible investments and life balance.

He is in favour of totally getting rid of your credit cards, though. It's not an approach that works for me, but horses for courses.

The Simple Dollar. Again, common sense. Trent Hamm is a guy who has dug himself out of debt and established an emergency fund. He's got some fantastic ideas (if I ever buy a car, I will be buying one from Craigslist).

He is a proponent of keeping your credit cards, but tends to get a bit frothy at the mouth and all "If you can't keep a credit card and use it sensibly, you've failed at managing your finances!" While I intend to keep my credit card, money is about psychology and people can be different without being wrong.

So go! Read!

As always, comments are valued. How did you survive Christmas? Does the approach above work for you? If it doesn't, why not and what does work for you?

If you've got any other financial blogs you read on a regular basis, I'd love to read them. Link me!

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