Comments on: When Paying for Value Makes Sense http://www.nodebtplan.net/2009/11/02/when-paying-for-value-makes-sense/#utm_source=rss&utm_medium=rss&utm_campaign=when-paying-for-value-makes-sense A personal finance blog teaching you how to live debt free and use credit wisely. Fri, 10 Feb 2012 15:18:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Kevinhttp://www.nodebtplan.net/2009/11/02/when-paying-for-value-makes-sense/#comment-46215 Kevin Tue, 10 Nov 2009 04:24:42 +0000 http://www.nodebtplan.net/?p=3842#comment-46215 Interesting points! I may have to write on this in the future... thanks for stopping by everyone! Interesting points! I may have to write on this in the future… thanks for stopping by everyone!

]]> By: Meganhttp://www.nodebtplan.net/2009/11/02/when-paying-for-value-makes-sense/#comment-45851 Megan Fri, 06 Nov 2009 22:29:09 +0000 http://www.nodebtplan.net/?p=3842#comment-45851 I am with Matthew. I definitely think that depriving yourself of any treats at all (take-out, a movie, museum tickets, etc.) will just eventually backfire. DH and I budget $100 a month for entertainment - it's enough for the occasional splurges, and it keeps up morale. I think the key to money management is not so much what you earn, but what you do with your money. You can make six figures, but be living paycheck to paycheck; on the other hand, you could make a LOT less, but accomplish your financial goals. I am with Matthew. I definitely think that depriving yourself of any treats at all (take-out, a movie, museum tickets, etc.) will just eventually backfire. DH and I budget $100 a month for entertainment – it’s enough for the occasional splurges, and it keeps up morale.

I think the key to money management is not so much what you earn, but what you do with your money. You can make six figures, but be living paycheck to paycheck; on the other hand, you could make a LOT less, but accomplish your financial goals.

]]> By: Financial Samuraihttp://www.nodebtplan.net/2009/11/02/when-paying-for-value-makes-sense/#comment-45107 Financial Samurai Tue, 03 Nov 2009 05:13:47 +0000 http://www.nodebtplan.net/?p=3842#comment-45107 Good analogy Matthew. I went on a 61 day no spend kick except for on food and my bus pass. It was quite liberating actually! Now I can't help but not spend money on stuff, donno why. I agree though, it's all about making more money and keeping your lifestyle the same. Making 6 figures is relatively easy if you want to work at it. FS Good analogy Matthew. I went on a 61 day no spend kick except for on food and my bus pass. It was quite liberating actually! Now I can’t help but not spend money on stuff, donno why.

I agree though, it’s all about making more money and keeping your lifestyle the same. Making 6 figures is relatively easy if you want to work at it.

FS

]]> By: Matthewhttp://www.nodebtplan.net/2009/11/02/when-paying-for-value-makes-sense/#comment-44924 Matthew Mon, 02 Nov 2009 14:36:01 +0000 http://www.nodebtplan.net/?p=3842#comment-44924 Like food, constant deprivation could lead to a gorge-fest. Plus, if you're not careful, you could have guilt over what few purchases you do make and never truly enjoy them. All this is to say that there certainly needs to be a balance. Like food, constant deprivation could lead to a gorge-fest. Plus, if you’re not careful, you could have guilt over what few purchases you do make and never truly enjoy them. All this is to say that there certainly needs to be a balance.

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