Comments on: America’s Top Financial Bloggers: What is the Best Way to Manage During Difficult Economic Times?

By: Meghan

Meghan — Thu, 09 Jul 2009 19:08:33 +0000

I don’t know about paying off all your debt. LIke, certainly you should pay off your debt. That is a given. The manner in which you do it though is important. If i were to pay off all my student debt right now, I’d be homeless lol. Like, timelines are probably the best advice when it comes to debt, not just all at once. Certainly the time line should seek to get rid of your debt as soon as possible, but not instantly

By: Mark

Mark — Thu, 09 Jul 2009 19:05:55 +0000

I mostly, instead of having an emergency fund, have certain bonds and investments that I would use in case of emergencies. For example, if tehre were an emergency, i could end my life insurance policy and take the annual gains that has been making instead of setting aside seperate funds. This way i help my future and my present

By: Julia

Julia — Thu, 09 Jul 2009 19:00:08 +0000

That track your spending idea is great. At the end of the month, I always feel like I have no idea where all my money went! Its so frustrating. I’ll keep track of that for the next few months. Thanks J. MOney, I’ll visit your blog to see more tips

By: J. Money

J. Money — Thu, 09 Jul 2009 17:14:30 +0000

Thanks guys, I’m glad you found them useful

@Albert – It’s all about saving little chunks now that will eventually pile up and become your E. Fund. Most money matters sound hard and unreasonable at first, but if you start *now* you’ve got time on your side and before you know it you’ll have a nice little cushion there.

I’m not saying it’ll be easy, or fun for that matter, but if you truly want to accomplish ____, you have to start and stay on top of it. Finance is seldom more complicated than that.

By: Martin Baslon

Martin Baslon — Tue, 07 Jul 2009 23:54:02 +0000

I always make sure to track my spending. I find buying things with debit cards to be a key to doing this lets me keep track of things automatically and then review my bank statement

By: Albert

Albert — Tue, 07 Jul 2009 23:50:52 +0000

Saving money for an emergency fund is importnat like you say but I just can\’t imagine how I could manage it. How can you save for six months ahead? It just doesn\’t seem reasonable to me.

By: Rob L

Rob L — Tue, 07 Jul 2009 23:46:49 +0000

My favorite saving/budget tip is to make smart choices/exchanges. When I want to go on vacation I’ll sometimes make a rule and not eat out for a month or two and take those savings and put them in a vacation fund. Sacrifice is easier when you get soething in return

By: lana

lana — Tue, 07 Jul 2009 23:44:47 +0000

these are great PF tips and I\’ll def. be putting some of them into action. thanks!

By: Perry

Perry — Tue, 07 Jul 2009 23:43:45 +0000

I would agree with these tips. I think that tip 3 can be taken a step further. If you have a ton of debt making detailed long term plans can help make it feel more manageable.

By: Lola

Lola — Tue, 07 Jul 2009 23:08:39 +0000

cool post i’ll check out this blog