Comments on: Top 5 Money Tips to Live by http://www.findsecuredcards.com/blog/top-5-money-tips-to-live-by/ A blog that helps consumers learn how to rebuild their credit. Tue, 27 Sep 2011 09:46:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dr. Frank Bonkowski http://www.findsecuredcards.com/blog/top-5-money-tips-to-live-by/comment-page-1/#comment-2764 Dr. Frank Bonkowski Sat, 26 Dec 2009 17:52:54 +0000 http://www.findsecuredcards.com/blog/?p=1402#comment-2764 Excellent points! Here's a 6th tip: keep in mind the notion of life energy = money from the writing of Dominguez and Robin in "Your Money or Your Life." The authors postulate that we trade life energy for money. We spend on commuting, costuming, meals, decompression (vacations and expensive playthings), escape entertainment, vacation, job-related to illness, and I might add gifts. Each expense represents an expenditure of life energy as well. It is so easy to get carried away giving expensive gifts, especially when one has a large credit limit. Yet the day of reckoning when we actually have to pay the bills comes sooner than expected. Money "is something that we all too often do not have, which we struggle to get it, on which we pin our hopes of power, happiness, security, acceptance, success, fulfillment, achievement and personal worth," according to Dominguez and Robin. Within the larger picture of financial sagacity, they recommend to keep track of every cent that comes into or goes out of your life on a daily basis. For more on money and happiness, see http://www.happiness-after-midlife.com/midlife-challenges.html. Excellent points! Here’s a 6th tip: keep in mind the notion of life energy = money from the writing of Dominguez and Robin in “Your Money or Your Life.” The authors postulate that we trade life energy for money. We spend on commuting, costuming, meals, decompression (vacations and expensive playthings), escape entertainment, vacation, job-related to illness, and I might add gifts. Each expense represents an expenditure of life energy as well.

It is so easy to get carried away giving expensive gifts, especially when one has a large credit limit. Yet the day of reckoning when we actually have to pay the bills comes sooner than expected. Money “is something that we all too often do not have, which we struggle to get it, on which we pin our hopes of power, happiness, security, acceptance, success, fulfillment, achievement and personal worth,” according to Dominguez and Robin.

Within the larger picture of financial sagacity, they recommend to keep track of every cent that comes into or goes out of your life on a daily basis. For more on money and happiness, see http://www.happiness-after-midlife.com/midlife-challenges.html.

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