pic by stopnlook @ Flickr
There are always some great memes and ideas from around the personal finance web. Here are some thoughts and quotes I’d like to share with you.
“Just like a horse needs to wear blinders to block out distractions, you need blinders to focus on paying down debt. So what the heck are financial blinders? A budget and a debt snowball.”
–Deliver Away Debt
“Definition of a Frugalite: One who is frugal, yet fun. A person who wants to save as much of their hard earned cash as possible – but in creative ways.”
–Money Funk
“There are quite a few things that you can do to improve your financial and personal state without spending even a single dime. One of the biggest is simply improving your attitude – the way you interpret the things around you and the way you relate to others.”
–The Simple Dollar
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Internet, Investing, Money, Online Investing AI
attitude, frugal, ideas, Links, memes, Money, positive attitude, posts, quotable, quotes, saving, thoughts, wealth, wealth creation
pic by photobyalyssa @ Flickr
If you ever been stuck in an elevator with someone who is sneezing and sniffling, you know that colds are contagious.
But, what about attitudes?
You’ve probably played on sports teams or worked in companies that had a collective attitude. An attitude–bad or good–seems to be contagious.
Let’s take this one more step. Is wealth contagious? Can you “catch” wealth from the people you associate with?
It seems it could. There are a few ways that wealth is contagious.
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Dreams Come True, Internet, Investing, Money, Online Investing AI, Success
attitude, beliefs, contagious, habits, Money, rich, riches, wealth, wealthy
Creative Commons
When financial distress hits, you notice one thing: people freeze.
The ease of accepting new thoughts and new ideas vanish. They resort to old thinking.
It’s probably a comfort thing. Once you’re stressed, you want to avoid more stress and new situations and new ideas can be uncomfortable and stressful.
We resist risk.
Unfortunately, this is the exact time that you should embrace risk. In the words of Kris Kristofferson by way of Janis Joplin.
Freedom’s just another word for nothin’ left to lose.
And, perhaps, when you ain’t got nothing, you got everything to win.
If you feel this way, this is a time for a financial “beginner’s mind.”
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Investing, Money, Online Investing AI, US Economy
attitude, economic, economy, mind, recession, shunyru suzuki, zen
is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
