Wednesday, January 7, 2009

Financial peace university

My husband and I are starting the Financial Peace university program with Dave Ramsey in a couple of weeks. We have already kinda started to prepare for total discipline. I got an e-mail and it ws an article that listed the most annoying statements or excuses that people make that drive Dave nuts. I thought they were pretty good.

“Dave arguments” that drive Dave Ramsey nuts!
(my comments are in red)
-I hate the argument that you can make more money if you’re willing to go into debt.
(I learned this the hard way, and in a bittering way)
-The ones I hate: I have a very rich relative, if something happens he will help us.

-I can't afford a car that needs to be fixed, so I bought a new one.

-Buying a used car is risky. I want my kids to have what I didn't.
(Never use your kids as an excuse to get what you as an adult want)
-I hate the line about how getting out of debt isn't the best plan for everyone, and you have to go case by case.
(this person had to have been in denial)
-I also hate the [idea that] buying a used car is just buying someone else's problems. I heard that from my own mother!

-My favorite is, "I can get 10% on my investment with money from a 6% home equity loan. I can use my house to make me money!" Sounds like they forgot to account for risk!
(This is a no brainer, always minimize risk when it comes to your home. I have never noticed a plus on my income taxs with owning a home so why use the equity up for other debt to help your taxes)
-I had the "Why bother to save $1,000 in an emergency fund when I owe thousands on a credit card?" chat. They didn't get that it isn't what makes the most financial sense; it is about changing behaviors by never borrowing again!
(we have already done this and it really does help us feel more secure about if things come up)
-I dislike the phrase, "There's nothing in my budget I can cut to be able to put something toward my emergency fund or debt." Meanwhile, they are driving a new car, carrying the latest cell phone, toting a Dooney & Burke bag, and eating out at nice places!
( this one is one that irritates me too, I know lots of people that are supposedly broke and have no money but they are in the latest fashion and they are always eating out. How ironic)
-The argument that drives me bonkers is "I spend more when I use cash." Yeah, maybe the first month. But if you stick to the plan and don't use credit cards as a backup, you learn pretty quickly that when that cash is gone, you are done spending!
(this is a comment that even I was stupid enough to say. but really it was just a way to not make a committment)

Tuesday, January 6, 2009

I am still here!

I have been away for what seems so long. I have read some of your posts through this time. I just haven't taken the time to comment or write a post lately. I thought I would give a short summary of why I have not been loyal to my blog for so long:

Christmas was soooo busy

New years came so quick

I have been sick

my boys have been sick

my husband has been sick

I am starting another weight loss class

I am processing the overwhelming (to me) responsibility of having yet another child

I have not been in the best spirits lately and didn't want to dampen yours with my not so nice thoughts.

I think that covers the majority of my disapearance. I hope to back with you all regularly just maybe not 5 days a week, it may be 2-3 times instead.

****************************************


I recieved this very sweet award from Elena at Elena's Garden.





"This blog invests and believes the PROXIMITY - nearness in space, time and relationships! These blogs are exceedingly charming. These kind bloggers aim to find and be friends. They are not interested in prizes or self-aggrandizement. Our hope is that when the ribbons of these prizes are cut, even more friendships are propagated. Please give more attention to these writers! Deliver this award to eight bloggers who must choose eight more and include this cleverly-written text into the body of their award."It's hard to choose just eight. I enjoy visiting all my blogging friends:)
I think all the blogs I read are great or I probably wouldn't read them so I nominate anyone to claim this award because you deserve it and you can pass this blessing on to another deserving blogger.