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Old 03-18-2013, 01:19 PM
 
Location: Mid-Atlantic east coast
5,372 posts, read 9,869,967 times
Reputation: 10243

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Many women, myself included, are capable money managers, yet often find our money evaporating too soon. The bills grow faster than the money. So when a new book came out about how to master the art of money, I was hoping it would shed some light on how to manage my money better. And it did! Here's some information about the book..it's quite unusual in the way it speaks to us in parables in an entertaining--yet highly enlightening--fashion.

I enjoyed it, and maybe you will, too.

http://vibrantvillage.com/2013/03/18...rts-for-women/
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Old 03-18-2013, 01:20 PM
 
Location: southwestern PA
20,419 posts, read 37,681,189 times
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meaning.... what?
You are spending too much?
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Old 03-18-2013, 01:41 PM
 
Location: Mid-Atlantic east coast
5,372 posts, read 9,869,967 times
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Quote:
Originally Posted by Pitt Chick View Post
meaning.... what?
You are spending too much?
No, it just seems as though the outgo is growing faster than the income. Don't know about others, but inflation seems to be catching up with me--gasoline, food, utilities...every time I turn around, things cost more. At the grocery store, I buy the same things, but the bill is bigger almost every time. Money management tips are very useful right now...
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Old 03-18-2013, 01:45 PM
 
Location: southwestern PA
20,419 posts, read 37,681,189 times
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Quote:
Originally Posted by LittleDolphin View Post
No, it just seems as though the outgo is growing faster than the income.
Then you either have to reduce expenses or increase income.
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Old 03-18-2013, 01:58 PM
 
Location: Mid-Atlantic east coast
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Quote:
Originally Posted by Pitt Chick View Post
Then you either have to reduce expenses or increase income.
Yep, and the book I mentioned helps with that.
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Old 03-18-2013, 03:20 PM
 
4,232 posts, read 6,065,520 times
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Quote:
Originally Posted by LittleDolphin View Post
Don't know about others, but inflation seems to be catching up with me--gasoline, food, utilities...every time I turn around, things cost more..
Inflation IMO has very little do with why people are broke. A number of reasons IMO why people are broke has to with impulsive spending on the treats.
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Old 03-19-2013, 10:38 AM
 
1,784 posts, read 2,993,655 times
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Quote:
Originally Posted by LittleDolphin View Post
Many women, myself included, are capable money managers, yet often find our money evaporating too soon.
There seems to be a disconnect within the same sentence.
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Old 03-19-2013, 10:53 AM
 
Location: Las Flores, Orange County, CA
26,346 posts, read 83,036,714 times
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There are plenty of free websites with simple, easy steps or advice for money management.

For example

Forbes - Personal Finance Information and Personal Finance News - Forbes.com

Kiplinger - Interstitial

Online Investing: Stocks, Personal Finance & Mutual Funds at SmartMoney.com - SmartMoney.com
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Old 03-19-2013, 11:02 AM
 
Location: Mid-Atlantic east coast
5,372 posts, read 9,869,967 times
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Quote:
Originally Posted by Charles View Post
Those are excellent links for the nuts & bolts of money management. The book I mentioned takes a different perspective--it discusses our psychological and spiritual connection with money. Until some of us get a handle on the messages about money and finances we bring with us from childhood, we may not be ready--or capable--of making wise money handling decisions. So that's why I recommended the book. It's unusual.
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Old 03-19-2013, 11:06 AM
 
Location: Mid-Atlantic east coast
5,372 posts, read 9,869,967 times
Reputation: 10243
Quote:
Originally Posted by snowdenscold View Post
There seems to be a disconnect within the same sentence.
Maybe so, I can see how you think that. But when a fixed income meets explosive inflation, unexpected money evaporation takes place. And yes, as someone pointed out, reducing expenses and increasing income would fix the challenge...however, a senior finding work and already living frugally will find it difficult to fulfill that advice.

But my original post was about the book Richest Woman in Babylon and Manhattan and not so much about the nuts and bolts of basic money management.
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