Comments on: Personal Finance in the Digital Age

By: Mark

Mark — Wed, 01 Sep 2010 16:00:10 +0000

I really like the looks of the Turkmenistani Manat.
Mark´s last blog ..Car Loan Calculator

By: Nomadic Matt

Nomadic Matt — Tue, 02 Feb 2010 23:13:51 +0000

With the government spending trillions, no one has a good example.
Nomadic Matt´s last blog ..Hostel Etiquette

By: soultravelers3

soultravelers3 — Thu, 28 Jan 2010 01:46:14 +0000

The fundamentals around the dollar (and MANY fiat currencies) mean it will continue to be devalued, so that should always be kept in mind.

One of the smartest things we did (besides selling our dream house at peak in 2005) was to mostly get out of the dollar at that time. That has been a key feature in helping us live large in Europe on just 23 dollars a day per person since 2006 (while adding to our nest egg while we travel the world).

Everyone should read the Casey article “The Dollar in Your Wallet Is Only Worth 18 Cents” to really grasp at what is happening to their money.

Not everyone can get totally out of the dollar, but it’s smart to hedge and learn about currencies today.

I like the huff po plan too about getting out of the big banks so as not to support the banksters running the country.
soultravelers3´s last blog ..Seth Godin, Linchpin, Education & Travel

By: Alan

Alan — Wed, 27 Jan 2010 20:17:30 +0000

@ChristiaanH: Ooh! Hadn't heard of GNUcash before. Thanks for the recommendation, Christiaan. @Cornelius: Good to hear! Besides Ramit Sethi's book, GetRichSlowly continues to be my favorite resource. Here's a list of the top personal finance blogs: http://www.wisebread.com/top-100-most-popular-personal-finance-blogs/

By: Cornelius Aesop

Cornelius Aesop — Wed, 27 Jan 2010 19:58:31 +0000

Great post, I seem to be working on all this information myself right now. I just started reading Personal Finance for Dummies and added the two blogs you stated in my feed read. I’m always on the lookout to learn a little more about finances and how to save up and pay off debts.
Cornelius Aesop´s last blog ..New Brew Tuesday – Altenmünster Maibock

By: Tweets that mention Personal Finance in the Digital Age | the 9 to 5 alternative -- Topsy.com

Wed, 27 Jan 2010 19:06:53 +0000

[...] This post was mentioned on Twitter by Christiaan Hillen, Alan Perlman, Pete Kistler, alexanderking, Money Hacker and others. Money Hacker said: @moneyhacker Personal Finance in the Digital Age | the 9 to 5 alternative: If there's anything I've learned since … http://bit.ly/aEiqaJ [...]

By: Nate

Nate — Wed, 27 Jan 2010 18:17:32 +0000

My finances are something that I need to get under better control. I’m not saying they are in bad shape right now, but the potential could be there for that to happen. Thanks for the little wake up call. I think the first step for me will be signing up and using Mint.com.
Nate´s last blog ..reclaim your weekend

By: uberVU - social comments

uberVU - social comments — Wed, 27 Jan 2010 15:55:57 +0000

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By: ChristiaanH - Mind the Beginner

ChristiaanH - Mind the Beginner — Wed, 27 Jan 2010 15:23:02 +0000

Hi Alan,

I consider myself lucky that over here (The Netherlands) it’s quite unusual to have a credit card. It’s something for those few who regularly use hotels and book flights mostly. Even though you can still do those things with a regular debt card here.
The only reason I have a CC is because of amazon.com and the rare occasion that I use a hotel somewhere outside of my home country. It’s easier that way. Besides, my limit is 1500 euro’s. Small change compared to those monster cards you have in the US of A. (my quarterly fee is 3.45 euro’s, another big difference)

Keeping track of all spendings and your current debt/credit situation is always a good idea. Got that down to the cent with GNUcash (open source accounting program). Keeping an exact track is the only way you can consistently live below your means and know about it and it made all the difference. Should have done the tracking ages ago.

Greets, Christiaan
ChristiaanH – Mind the Beginner´s last blog ..The Rule of 7 and Effective Writing

By: Alan

Alan — Wed, 27 Jan 2010 14:41:14 +0000

@John: When I wrote this, I was hoping you would chime in! You might find this post interesting: http://www.getrichslowly.org/blog/2008/11/27/personal-finance-in-japan-an-american-view/

And yes, I think credit card companies are a huge part of the personal debt problem. We need more transparency!