Comments on: 5 Four-Letter Words You Should Be Using in Personal Finance

By: Betty

Betty — Mon, 30 Nov 2009 05:02:29 +0000

Great article and website. I've been really trying to get my finances in order before the new year so I picked up a new book called "The Debt-Free Millionaire" by Anthony Manganiello. As I hope to retire in 20 years with financial security. The book has really opened my eyes to financial planning.

By: Jason @ Redeeming Riches

Jason @ Redeeming Riches — Sun, 29 Nov 2009 17:14:31 +0000

Thanks for all your comments everyone – I love the additional words you are coming up with!

Goal is another great word `to use for sure. Without goals we don’t know what we’re aiming for.

Additionally, I would challenge us to give even before we’re debt free and while we are saving. Sometimes I think we make excuses (I know I do) to not give or to give less than we should be.

By: Cyril

Cyril — Sun, 29 Nov 2009 17:01:26 +0000

Having all said in this article, I think what matters most is how an individual handles financial responsibilities and how to use such wisely. In addition, I also thought of this ALL 4 words will work if SAVE first comes first before anything else.

By: Michael - Fat Loss Tips

Michael - Fat Loss Tips — Sun, 29 Nov 2009 16:33:54 +0000

I like 1 and 3. When opportunities arise, #1 will allow you take proceed to step #3. Desperation and danger lurk when you skip 1 and go straight to 3.

Mike

By: Roel

Roel — Sun, 29 Nov 2009 13:10:32 +0000

I agree with Dustin, I believed that if a person is debt free, you can do all the other four letter words that should be used in personal finance most especially the four word letter ‘give’. If you are debt free you will have more savings that can be used in helping other people who are in great need like those affected by calamities and other natural disaster. Also by being debt free you can save more money and can risk for something you think can generate more profit for you.

By: Dave

Dave — Sun, 29 Nov 2009 02:12:22 +0000

GOAL is another four letter word to get us all to financial health. Anchoring ourselves to our goals motivates us to go through all of those extra steps to get to truly live out “platonic” lives. Great article!
Dave

By: Lawrence @ CRB

Lawrence @ CRB — Fri, 27 Nov 2009 15:45:34 +0000

Great article. I’ve always enjoyed the simplicity of your articles. I think it a great way to help people.

By: Jason @ Redeeming Riches

Jason @ Redeeming Riches — Thu, 26 Nov 2009 16:43:08 +0000

Mike, “make” is another great one! You definitely need to have some income to help save and give!

By: Mike @ Gather Little by Little

Mike @ Gather Little by Little — Thu, 26 Nov 2009 10:27:21 +0000

I would add “make”.
A good financial plan is nothing if you don’t “make” enough money

Things are getting a lot more easier when you find out ways to increase your income, especially when it comes down to pay off debts or save money for retirement.

By: Jason @ Redeeming Riches

Jason @ Redeeming Riches — Wed, 25 Nov 2009 22:00:28 +0000

Thanks Mylinda!

Dustin – you’re right. It seems counter-intuitive that giving time/money/stuff etc away would lead to greater joy, but it does. Hoarding and keeping things for our own selfish desires rarely satisifies like we think it will.