Comments on: Who do you blame for your financial problems?

By: David Wilson

David Wilson — Thu, 26 Aug 2010 15:40:38 +0000

Thanks for the post, great information. People forget that making small changes can make a huge difference in their overall financial status.

By: Law of attraction

Law of attraction — Sat, 05 Jul 2008 04:15:06 +0000

i truly agree that the biggest problem is trying to figure out who to blame for their situations…..

worth reading thanks

By: mapgirl

mapgirl — Thu, 03 Apr 2008 14:09:15 +0000

Acting in loco parentis is the number one thing that’s driven my friends away from teaching in public schools.

Great post. I don’t think enough people realize what accountability is, but you make some great examples.

But most adults need to get over their parents and be responsible and accountable themselves. After a certain point in your life, blaming your parents for who you are and what you do is exactly what it is, childish. (You, as in general reader, not ‘you’, as in Mike.) Unfortunately, too many adults keep doing this, replacing the president, The Man, the Media for their parents.

By: Rachel @ Master Your Card

Rachel @ Master Your Card — Wed, 02 Apr 2008 12:53:16 +0000

I think that it is too easy to blame other people for your problems, whether they are financial or not. However, the important thing is not whose fault it is, but what YOU are going to do to improve the situation.

By: Fynanz

Fynanz — Tue, 01 Apr 2008 14:08:58 +0000

I agree with a lot that you stated in your post – especially about budgeting and research. Financial situations can always be a whole lot worse if you didn’t take the time to examine all of your options.

By: A Path Together

A Path Together — Tue, 01 Apr 2008 04:51:59 +0000

At one point, I would have blamed my parents for all my financial shortcomings because I thought they had not taught me enough (anything). I came to a realize that I only learned emotions and not habits from my parents. All my ‘bad habits’ were ones I taught myself. So now, I take full responsibility for my own shortcomings. Even when I was making money mistakes, I knew that the ‘magic’ equation was spend less and earn more. Too bad I didn’t listen to that little voice in my head 10 years ago!

By: Clever Dude

Clever Dude — Tue, 01 Apr 2008 01:59:52 +0000

AJC, I think rentals are a bit above our means and would probably overextend us (mostly mentally) a bit more than we want right now. I have considered locking in the interest-only rate and/or consolidating both loans, but then again we might want to just leave this area when the loan rolls over.

By: Shawn

Shawn — Mon, 31 Mar 2008 21:02:57 +0000

That’s easy…it’s George Bush’s fault. Isn’t everything his fault?

But seriously, this is an excellent approach. People need to start taking responsibility for their actions. Why should the government bail out people who took a financial risk? I bought stock that lost money a few years ago, is the government gonna bail me out as well?

The housing market will sort itself out. There were tons of buyers who were priced out of the market when irresponsible lenders and buyers pushed the cost of housing to unattainable levels.

Prices are falling, and these buyers will now be able to get into the game.

By: Tom

Tom — Mon, 31 Mar 2008 21:01:35 +0000

I think you’re on the right path. When it comes to mortgage crisis, I think people know what they will get into in the future but they figure they can make money with the time comes. These people to me are the people who just live for the “now” and not the “future”

By: Debt Free Revolution

Debt Free Revolution — Mon, 31 Mar 2008 19:54:50 +0000

I agree, and I have gotten out of my debt hole. Now I am trying to ask: how can we fill up the hole so no one else falls into it? Or do we just put a little sign by it, saying “There is a hole here, be careful.” Or do we just keep walking and tell no one about it and they can get out themselves as well?