Comments on: 5 Dumb Mistakes That Smart People Make http://www.redeemingriches.com/2009/11/09/financial-mistakes-people-make/ Restore Your Money - Renew Your Mind Tue, 07 Feb 2012 13:01:45 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: 3 Simple Steps to Build Wealth | Redeeming Riches http://www.redeemingriches.com/2009/11/09/financial-mistakes-people-make/comment-page-1/#comment-20494 3 Simple Steps to Build Wealth | Redeeming Riches Wed, 17 Aug 2011 14:14:22 +0000 http://redeemingriches.wordpress.com/?p=1417#comment-20494 [...] Not taking advantage of compounding interest is one of the biggest mistakes we can make with our money! [...] [...] Not taking advantage of compounding interest is one of the biggest mistakes we can make with our money! [...]

]]> By: 4 Money Lessons From a Fool | Redeeming Riches http://www.redeemingriches.com/2009/11/09/financial-mistakes-people-make/comment-page-1/#comment-18356 4 Money Lessons From a Fool | Redeeming Riches Wed, 08 Dec 2010 21:25:59 +0000 http://redeemingriches.wordpress.com/?p=1417#comment-18356 [...] yet, we all do.  Almost daily, we repeat the same dumb mistakes, commit the same stupid missteps that lead us down a path of financial [...] [...] yet, we all do.  Almost daily, we repeat the same dumb mistakes, commit the same stupid missteps that lead us down a path of financial [...]

]]> By: http://www.leasecar.co.uk http://www.redeemingriches.com/2009/11/09/financial-mistakes-people-make/comment-page-1/#comment-17420 http://www.leasecar.co.uk Thu, 11 Nov 2010 10:27:00 +0000 http://redeemingriches.wordpress.com/?p=1417#comment-17420 Keeping up with the Jones is always a mistake, you don't want to be like someone else, be an individual. Keeping up with the Jones is always a mistake, you don’t want to be like someone else, be an individual.

]]> By: Tracy http://www.redeemingriches.com/2009/11/09/financial-mistakes-people-make/comment-page-1/#comment-14788 Tracy Tue, 07 Sep 2010 23:30:00 +0000 http://redeemingriches.wordpress.com/?p=1417#comment-14788 Going with the jones is always a very bad idea. Its bad money to be spending on stupid stuff. Oh well. Everyone makes bad purchases now days. Going with the jones is always a very bad idea. Its bad money to be spending on stupid stuff. Oh well. Everyone makes bad purchases now days.

]]> By: Borrowing From Your 401-b or 403-k: Does It Make Sense? | The Millionaire Nurse Blog http://www.redeemingriches.com/2009/11/09/financial-mistakes-people-make/comment-page-1/#comment-6239 Borrowing From Your 401-b or 403-k: Does It Make Sense? | The Millionaire Nurse Blog Thu, 10 Jun 2010 21:42:08 +0000 http://redeemingriches.wordpress.com/?p=1417#comment-6239 [...] Riches includes 401-k borrowing as one of the 5 dumb financial [...] [...] Riches includes 401-k borrowing as one of the 5 dumb financial [...]

]]> By: Jason http://www.redeemingriches.com/2009/11/09/financial-mistakes-people-make/comment-page-1/#comment-2195 Jason Fri, 05 Mar 2010 11:54:00 +0000 http://redeemingriches.wordpress.com/?p=1417#comment-2195 Austin, I have not heard that statistic, but it wouldn't surprise me. It's a way to get a bigger and better car with a relatively low payment and a lot of folks are very tempted by that. Austin, I have not heard that statistic, but it wouldn’t surprise me. It’s a way to get a bigger and better car with a relatively low payment and a lot of folks are very tempted by that.

]]> By: Austin http://www.redeemingriches.com/2009/11/09/financial-mistakes-people-make/comment-page-1/#comment-2184 Austin Fri, 05 Mar 2010 07:32:21 +0000 http://redeemingriches.wordpress.com/?p=1417#comment-2184 Leasing cars they can't afford has to be added to the list. I recently read that more than 70% of luxury cars are leased. Most of these people have no idea how much they're throwing away with their leases. Solid list :) Austin @ Foreigner's Finances .-= Austin´s last blog ..<a href="http://feedproxy.google.com/~r/foreignersfinancesfeed/~3/b2LyVo4IOjw/" rel="nofollow">Lease or Buy? What to Know Before Your First Car Purchase</a> =-. Leasing cars they can’t afford has to be added to the list. I recently read that more than 70% of luxury cars are leased. Most of these people have no idea how much they’re throwing away with their leases.

Solid list :)

Austin @ Foreigner’s Finances
.-= Austin´s last blog ..Lease or Buy? What to Know Before Your First Car Purchase =-.

]]> By: Jason http://www.redeemingriches.com/2009/11/09/financial-mistakes-people-make/comment-page-1/#comment-1123 Jason Mon, 11 Jan 2010 22:48:27 +0000 http://redeemingriches.wordpress.com/?p=1417#comment-1123 Matt, good call! I like your list - and you're right. Really smart people learn from other's mistakes and avoid them! Matt, good call! I like your list – and you’re right. Really smart people learn from other’s mistakes and avoid them!

]]> By: Matt Jabs http://www.redeemingriches.com/2009/11/09/financial-mistakes-people-make/comment-page-1/#comment-1122 Matt Jabs Mon, 11 Jan 2010 17:21:35 +0000 http://redeemingriches.wordpress.com/?p=1417#comment-1122 Good advice here. One of my favorite pieces of advice to give lately is, "Smart people learn from their mistakes... but REALLY smart people learn from other peoples mistakes!" Do these things in this order if you want to win at money: 1. Pay off non-mortgage debt 2. Build liquid savings for self-insurance (Emergency Fund.) 3. Max out IRA & 401k/403b retirement account contributions. 4. Pay off mortgage. There, sounds easy enough right? So let's get started! :-) .-= Matt Jabs´s last blog ..<a href="http://www.debtfreeadventure.com/3-ways-to-get-started-investing-with-1000-or-less/" rel="nofollow">3 Ways to Get Started Investing with $1,000 or Less</a> =-. Good advice here. One of my favorite pieces of advice to give lately is, “Smart people learn from their mistakes… but REALLY smart people learn from other peoples mistakes!”

Do these things in this order if you want to win at money:

1. Pay off non-mortgage debt
2. Build liquid savings for self-insurance (Emergency Fund.)
3. Max out IRA & 401k/403b retirement account contributions.
4. Pay off mortgage.

There, sounds easy enough right? So let’s get started! :-)
.-= Matt Jabs´s last blog ..3 Ways to Get Started Investing with $1,000 or Less =-.

]]> By: Jason http://www.redeemingriches.com/2009/11/09/financial-mistakes-people-make/comment-page-1/#comment-523 Jason Tue, 17 Nov 2009 11:50:41 +0000 http://redeemingriches.wordpress.com/?p=1417#comment-523 @KenyanTykoon - keeping up with joneses is deadly to personal finance because we will seemingly do anything (load ourselves with debt) just to impress other people. @KenyanTykoon – keeping up with joneses is deadly to personal finance because we will seemingly do anything (load ourselves with debt) just to impress other people.

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