January 17th, 2013

Would You Go Back in Time to Improve Your Credit Health?

Would You go Back in Time to Improve Your Credit Health?

This week on our Facebook page, we posted the following:

Fill-in-the-blank: The first thing you should do to start improving your credit health is _______.

My favorite response came from a guy named Eric:

1. Buy a DeLorean
2. Go 88 mph
3. Go back in time to smack yourself and tear up those credit cards.

Done.

Clever, right? (And hopefully you get the reference.)

But after my initial chuckle, I got to thinking, “Would I really go back in time?” Probably not, and here’s why.

Mistakes = Lessons

How many times on this blog have we written about our past mistakes turning into lessons? Let’s take a look. I wrote about how my past relationships actually led to great money lessons. Justine wrote about how a simple error of timing cost her big and what she learned from her first speeding ticket. Guest contributor Kristina talked about recognizing problems and then correcting them in “A Second Chance at Financial Freedom.” And Ezra even shared the things we can learn from the one big mistake that is Jersey Shore.

Just from this small sample you can see that we’re big about learning from mistakes around here. Your mistakes—however big or small—leave behind lessons and make you who you are. Which leads to the next point…

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October 6th, 2011

4 Financial Lessons From Steve Jobs

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Even PC users must admit that we can all learn a little something from Steve Jobs and the way he lived his life. The Apple co-founder was a great mind of our time, forever changing the way society thinks about personal computer use and digital media experience. Much of his perspective on innovation can be easily applied to finances and money.

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September 2nd, 2011

How Donkey Decision-Making Cost Me Almost $300

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There’s a famous paradox involving a donkey and two identical bales of hay. If you put the donkey equidistant from the hay, he’ll be frozen in place and eventually starve to death since he’s unable to choose.

I sympathize with the donkey, having spent time at deli counters agonizing between turkey and pastrami sandwiches, only to wander home hungry and hypoglycemic.

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August 31st, 2011

Wednesday Roundup: We Should Have Joint Debts, Not Joint Assets!

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I overheard a co-worker talking about her upcoming nuptials in the lunch room this week and I feel the need to share her story. I couldn’t believe what my ears were hearing and I want to know what you think about her money management skills. Dinks Finance

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August 11th, 2011

How to Get Over Your Worst Financial Mistake

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Three minutes cost me nearly $1,000.

This is the story of my most expensive mistake ever.

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May 23rd, 2011

Monday Roundup: Personal Finance & Credit News

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What's the biggest money mistake you ever made?

A poor investment choice? Getting into lots of student loan debt?

Well, you're in good company. Most of us have made a money mistake or two that we regret, like the many I made in college, and confessed to here on the blog.

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