Comments on: Extremes in Personal Finance and the Conventional Approach http://www.fiscalfizzle.com/2009/08/extremes-conventional-approach/ Spicy Thoughts on Personal Finance Sat, 31 Jul 2010 12:23:48 -0700 hourly 1 http://wordpress.org/?v=3.0.1 By: Memaw’s Magic Trashcan http://www.fiscalfizzle.com/2009/08/extremes-conventional-approach/#comment-540 Memaw’s Magic Trashcan Sun, 23 Aug 2009 10:26:32 +0000 http://www.fiscalfizzle.com/?p=1959#comment-540 [...] Extremes and Conventional Advice in Personal Finance at Fiscal Fizzle [...] [...] Extremes and Conventional Advice in Personal Finance at Fiscal Fizzle [...]

]]> By: Wojciech Kulicki http://www.fiscalfizzle.com/2009/08/extremes-conventional-approach/#comment-539 Wojciech Kulicki Tue, 18 Aug 2009 12:01:52 +0000 http://www.fiscalfizzle.com/?p=1959#comment-539 You've touched on another classic debate, and one that I've had many times with co-workers. :) Although we may not always agree, it's people like you who continue to show others that leasing is a viable option, which is a very good thing to do. A singular point of view on anything doesn't give people any options, while presenting each side logically does. Thanks! You’ve touched on another classic debate, and one that I’ve had many times with co-workers. :) Although we may not always agree, it’s people like you who continue to show others that leasing is a viable option, which is a very good thing to do. A singular point of view on anything doesn’t give people any options, while presenting each side logically does. Thanks!

]]> By: Wojciech Kulicki http://www.fiscalfizzle.com/2009/08/extremes-conventional-approach/#comment-538 Wojciech Kulicki Tue, 18 Aug 2009 11:58:15 +0000 http://www.fiscalfizzle.com/?p=1959#comment-538 Great point - limiting yourself to only a few sources of information forces you into a fairly narrow point of view. I think blogs and word-of-mouth communication are more powerful than people give them credit, with more trust placed in them at times than even mainstream media. Great point – limiting yourself to only a few sources of information forces you into a fairly narrow point of view. I think blogs and word-of-mouth communication are more powerful than people give them credit, with more trust placed in them at times than even mainstream media.

]]> By: TheDebtHawk.com http://www.fiscalfizzle.com/2009/08/extremes-conventional-approach/#comment-537 TheDebtHawk.com Tue, 18 Aug 2009 11:44:51 +0000 http://www.fiscalfizzle.com/?p=1959#comment-537 One area where I challenge the conventional wisdom of the personal finance community is the buy versus lease a car question. For anyone who cannot own the same car for more than 7 years, I think that leasing is a good option. In fact, if you lease an economy car like a Honda Civic, I think the leasing option comes out way ahead. I have done the math on the lease versus buy and the math favors the lease if you won't be holding the car for over 7 years. One area where I challenge the conventional wisdom of the personal finance community is the buy versus lease a car question. For anyone who cannot own the same car for more than 7 years, I think that leasing is a good option. In fact, if you lease an economy car like a Honda Civic, I think the leasing option comes out way ahead. I have done the math on the lease versus buy and the math favors the lease if you won’t be holding the car for over 7 years.

]]> By: MoneyEnergy http://www.fiscalfizzle.com/2009/08/extremes-conventional-approach/#comment-536 MoneyEnergy Mon, 17 Aug 2009 14:08:33 +0000 http://www.fiscalfizzle.com/?p=1959#comment-536 Great way to think about it. As for influence, it's obviously best to diversify and seek several opinions from those who presumably know more than you do or more than you can reasonably find out yourself. Problem is the time of everyday life, so people probably just settle for 1-2 main sources that they like for a variety of reasons that may have nothing to do with the quality or veracity of the information. But I think it's very interesting to pay attention to public sentiment via the mainstream media. When everyone started publicly talking about "the economy" when there hadn't been any of that kind of talk (or much of it) before - that was a huge shift. Now I'm hearing from second and third hand sources of frugal being "the new trend." The public deserves better and should push themselves harder to not just internalize what's supposedly the case as presented by the mainstream media. Great way to think about it. As for influence, it’s obviously best to diversify and seek several opinions from those who presumably know more than you do or more than you can reasonably find out yourself. Problem is the time of everyday life, so people probably just settle for 1-2 main sources that they like for a variety of reasons that may have nothing to do with the quality or veracity of the information. But I think it’s very interesting to pay attention to public sentiment via the mainstream media. When everyone started publicly talking about “the economy” when there hadn’t been any of that kind of talk (or much of it) before – that was a huge shift. Now I’m hearing from second and third hand sources of frugal being “the new trend.” The public deserves better and should push themselves harder to not just internalize what’s supposedly the case as presented by the mainstream media.

]]> By: Personal Finance Buzz http://www.fiscalfizzle.com/2009/08/extremes-conventional-approach/#comment-535 Personal Finance Buzz Mon, 17 Aug 2009 13:57:20 +0000 http://www.fiscalfizzle.com/?p=1959#comment-535 <strong>Personal Finance Buzz...</strong> Your story was featured in Personal Finance Buzz! Please visit and promote your article.... Personal Finance Buzz…

Your story was featured in Personal Finance Buzz! Please visit and promote your article….

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