Tanya @ The Heavy Purse on July 25, 2013, 11:49 a.m.
I agree, Laurie. I see so many people giving their opinions (as they should) but sometimes it seems like they think there answer or view is the only correct one. Personal finance IS personal. My dad...
View ArticleLaurie @thefrugalfarmer on July 25, 2013, 6:35 a.m.
Excellent, Shannon! Any time we try and put a blanket "This is what you need/will work" statement over a personal finance or any other rule, I think caution needs to be taken. Myth number 1 reminds me...
View ArticleTanya @ The Heavy Purse on July 25, 2013, 11:45 a.m.
You're not alone! I've had that number stuck in my head too. I think it's the number that gets the most press. It is a big task, but I always find it fun to think about what I really want to do. The...
View ArticleLindsey @ Cents & Sensibility on July 24, 2013, 7:17 p.m.
These are good points, Shannon! I know I have that million dollar idea for retirement stuck in my head and I have no idea where it came from. My husband and I need to sit down and figure out what we...
View ArticleTanya @ The Heavy Purse on July 25, 2013, 11:43 a.m.
We definitely live in a Keeping up with Joneses kind of world. I had a sibling that ran into some credit card problems and that fear of repeating their mistakes has always kept me quite cautious with...
View ArticleCorina Ramos on July 24, 2013, 11:14 a.m.
This is a great post Shannon. We live in a "keeping up with the Jones'" world and that's what gets people in trouble. The one myth I've heard was about credit cards, the more you use it the better it...
View ArticleTanya @ The Heavy Purse on July 24, 2013, 11:47 a.m.
Yup, sometimes people just want to hear a general guideline rather than take the time to figure out what they need. It doesn't work that way when it comes to retirement. I would hate to underfund my...
View ArticleJake @ Common Cents Wealth on July 24, 2013, 9:04 a.m.
Great article, Shannon. I agree with everything you pointed out here. I don't like how most people just hear a general guideline (i.e. $1M needed for retirement or credit cards are bad) and take that...
View ArticleTanya @ The Heavy Purse on July 24, 2013, 11:44 a.m.
I agree, DC. My father retired at age 54. My mom still works part-time but it's because she wants to work, rather than needs to work. They have no debt, own their home and are very happy. They don't...
View ArticleDC @ Young Adult Money on July 24, 2013, 6:36 a.m.
Great post, Shannon! It's so important to not fall into the "one size fits all" trap when it comes to retirement planning. Some people would be 100% happy living in a small condo and enjoying the free...
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