Comments on: Forget Snowflakes — Attack Debt With Ice Blocks! http://www.handlingfinances.com/2008/02/22/forget-snowflakes-attack-debt-with-ice-blocks/ A blog about handling personal finances, and how our culture and economy affect our money. Fri, 25 Jul 2008 09:48:59 +0000 http://wordpress.org/?v=2.5 By: Deamiter http://www.handlingfinances.com/2008/02/22/forget-snowflakes-attack-debt-with-ice-blocks/#comment-46 Deamiter Fri, 22 Feb 2008 18:15:41 +0000 http://www.handlingfinances.com/2008/02/22/forget-snowflakes-attack-debt-with-ice-blocks/#comment-46 Actually, I quite agree -- in fact, for somebody just starting to try to get out of debt might be better off attacking little things like daily coffee purchases or expensive shopping trips for the psychological effect. That said, while those of us interested (obsessed?) enough to blog about finances generally enjoy forgoing small daily expenses for future rewards, it's also quite a valid choice to continue to buy a $3.00 coffee each morning while saving on larger expenses like home renovation or car purchases. The post is primarily directed at people who are newer to cutting expenses, but the irrational relative thinking humans are prone to affects everybody. While we rarely purchase homes or cars, there's always SOME large expense coming up in the near future, and it's important to realize that a 1% cut in medical bills could HEAVILY outweigh a 10% cut in grocery bills (and take 1% of the time/effort too)! Actually, I quite agree — in fact, for somebody just starting to try to get out of debt might be better off attacking little things like daily coffee purchases or expensive shopping trips for the psychological effect.

That said, while those of us interested (obsessed?) enough to blog about finances generally enjoy forgoing small daily expenses for future rewards, it’s also quite a valid choice to continue to buy a $3.00 coffee each morning while saving on larger expenses like home renovation or car purchases.

The post is primarily directed at people who are newer to cutting expenses, but the irrational relative thinking humans are prone to affects everybody. While we rarely purchase homes or cars, there’s always SOME large expense coming up in the near future, and it’s important to realize that a 1% cut in medical bills could HEAVILY outweigh a 10% cut in grocery bills (and take 1% of the time/effort too)!

]]> By: paidtwice http://www.handlingfinances.com/2008/02/22/forget-snowflakes-attack-debt-with-ice-blocks/#comment-45 paidtwice Fri, 22 Feb 2008 17:54:27 +0000 http://www.handlingfinances.com/2008/02/22/forget-snowflakes-attack-debt-with-ice-blocks/#comment-45 My TVs were all free. I have relatives who think it is insane that the largest TV in our house was 13" so they bought us new ones (my dad) or gave us their castoffs (my brother). I now have 5 TVs. lol. Only three are actually hooked up. Heh. Anyway, back on point! I think the problem with thinking only about the "ice blocks" is that they are kind of "Okay - its done, what next" type things. So, I bought a great car for a great price. But (hopefully) I won;t be buying another for a really long time, and if I don;t recapture that amount and use it for the power of the snowflake ;) I forget I even saved it eventually. We are good as a people at adapting to whatever we are presented - tis why people who make 3 times what we do atill think they are broke. :) I liked this post, it made me think. :) My TVs were all free. I have relatives who think it is insane that the largest TV in our house was 13″ so they bought us new ones (my dad) or gave us their castoffs (my brother). I now have 5 TVs. lol. Only three are actually hooked up. Heh.

Anyway, back on point!

I think the problem with thinking only about the “ice blocks” is that they are kind of “Okay - its done, what next” type things. So, I bought a great car for a great price. But (hopefully) I won;t be buying another for a really long time, and if I don;t recapture that amount and use it for the power of the snowflake ;) I forget I even saved it eventually.

We are good as a people at adapting to whatever we are presented - tis why people who make 3 times what we do atill think they are broke. :)

I liked this post, it made me think. :)

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