The two-word secret to personal finance success

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  • Wayne Rout El Paso, TX
    Nov. 17, 2013 11:24 a.m.

    Understanding "wants" verses "needs" is the foundation to both happiness and financial security. Another factor is shopping as a from of "entertainment"... the more you shop, the more you buy, the less money you have left. With government stealing more and more from the fewer and fewer who work it is becoming vitally important that we minimize spending to only those things we really need. But beware, the Democrats have an eye on your savings as well as your earnings. There will never be enough tax income to satisfy the liberals who feed on our efforts. Balancing all these factors will make then next couple of decades the most difficult since the Great Depression. At least then, the money was worth something if you had it.

  • Wyomex Burlington, WY
    Nov. 15, 2013 11:58 a.m.

    If your outgo exceeds your income, your upkeep will prove your downfall.

  • A Guy With A Brain Enid, OK
    Nov. 14, 2013 7:24 p.m.

    My parents were slightly below average income folks most of my dad's adult working life.

    My dad's dad was a multi-millionaire back in the 70's and 80's (and that's saying something for back then, when a million dollars could buy a ton of stuff).

    He told my dad that our below-average income lifestyle was probably the BEST thing for my mom and dad in raising 7 happy, responsible kids.

    Sometimes I let myself get hooked into dreams of an immaculate home and other things but I'm grateful for how the education my mom and dad gave me to value a buck. 25 years after buying my first car (a used 1988 Ford Festiva) I'm still driving that same car.

  • george of the jungle goshen, UT
    Nov. 14, 2013 9:08 a.m.

    I think that the first step is to realize and admit that I have a Dis-ease, in recovering. I regret that my kids grew up having every thing they wanted. What chance will they have they don't even know that there is a Dis-ease. They all make OK money and spend every cent, and then some.

  • george of the jungle goshen, UT
    Nov. 14, 2013 8:51 a.m.

    Every thing is contagious. When I was a Kid I saw the stuff I wanted and could never have. So when I became a dad I wanted my kids to have what I couldn't. My kids are grown and still get every thing they want. I got into doing the same. It has to be a matter of life or death for any one to change, only something like 98% won't ever change. I'm trying to ingrain, reprogram my mind but the yearns and erks of not getting what I want NOW is nerve shattering. One day at a time. I made it through another day with out going out and buying.