Comments on: Debunking The 25 Most Outrageous Money Myths (part 4 of 4) http://www.myinvestingblog.com/debunking-the-25-most-outrageous-money-myths-4-of-4/ Teach Your Money To Think! Fri, 10 Feb 2012 18:37:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Festive Link Love Carnivality #25 - Free From Broke http://www.myinvestingblog.com/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-3866 Festive Link Love Carnivality #25 - Free From Broke Mon, 17 Oct 2011 23:06:43 +0000 http://myinvestingblog.com/2008/09/16/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-3866 [...] Money Matters shows us that credit cards aren’t always so nice.Mib Smarter Money wraps up the 25 biggest money myths.The Simple Dollar tells us how to ease back into college if you haven’t gone in a [...] [...] Money Matters shows us that credit cards aren’t always so nice.Mib Smarter Money wraps up the 25 biggest money myths.The Simple Dollar tells us how to ease back into college if you haven’t gone in a [...]

]]> By: spartan http://www.myinvestingblog.com/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-3716 spartan Thu, 03 Feb 2011 18:06:11 +0000 http://myinvestingblog.com/2008/09/16/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-3716 Unfortunately mindsets and sayings that things built over time so it's not easy to get rid of them. We are not logical all the time and get affected by many of these myths. Unfortunately mindsets and sayings that things built over time so it's not easy to get rid of them. We are not logical all the time and get affected by many of these myths.

]]> By: Kjordan3637 http://www.myinvestingblog.com/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-3711 Kjordan3637 Mon, 17 Jan 2011 23:50:47 +0000 http://myinvestingblog.com/2008/09/16/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-3711 Here is a "myth" so to speak... how much does it cost to raise a child?? Take a look at our latest blog post which includes a cool graphic from Visual Economics.<br><br><a href="http://www.precisiontradingsolutions.blogspot.com" rel="nofollow">www.precisiontradingsolutions....</a> Here is a “myth” so to speak… how much does it cost to raise a child?? Take a look at our latest blog post which includes a cool graphic from Visual Economics.

http://www.precisiontradingsolutions….

]]> By: Most Useful Articles in Personal Finance | Milk Your Money http://www.myinvestingblog.com/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2260 Most Useful Articles in Personal Finance | Milk Your Money Fri, 10 Oct 2008 03:55:36 +0000 http://myinvestingblog.com/2008/09/16/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2260 [...] MiB Smarter Money: Debunking The 25 Most Outrageous Money Myths [...] [...] MiB Smarter Money: Debunking The 25 Most Outrageous Money Myths [...]

]]> By: HIB http://www.myinvestingblog.com/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2261 HIB Tue, 30 Sep 2008 15:32:35 +0000 http://myinvestingblog.com/2008/09/16/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2261 I have an issue with #20 although I am biased being a real estate investor :). I know that you mentioned "your" house as an investment. My comment is in regard to real estate in general as an investment, and not from the perspective as a residence. I look for property that is priced under the value of the home. Typically, investors look for property that is at 70% of the after repaired value (ARV) minus repairs. Taking this knowledge and applying it to buying property and holding as a rental in this fashion is a prudent decision in my humble opinion. A house is a great investment as a rental property if the property is purchased taking into account, the above considerations. A house that you live in is an expense. If an object does not bring in cash flow, it's an expense. <em>HIB's last blog post..<a href='http://feeds.feedburner.com/~r/HappinessIsBetter/~3/406239427/' rel="nofollow">Can You Say Success?</a></em> I have an issue with #20 although I am biased being a real estate investor :) . I know that you mentioned “your” house as an investment. My comment is in regard to real estate in general as an investment, and not from the perspective as a residence.

I look for property that is priced under the value of the home. Typically, investors look for property that is at 70% of the after repaired value (ARV) minus repairs. Taking this knowledge and applying it to buying property and holding as a rental in this fashion is a prudent decision in my humble opinion. A house is a great investment as a rental property if the property is purchased taking into account, the above considerations. A house that you live in is an expense. If an object does not bring in cash flow, it’s an expense.

HIB’s last blog post..Can You Say Success?

]]> By: Scott @ The Passive Dad http://www.myinvestingblog.com/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2259 Scott @ The Passive Dad Thu, 25 Sep 2008 17:57:53 +0000 http://myinvestingblog.com/2008/09/16/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2259 With #23 I've also heard friends say that they couldn't get by if it wasn't for Visa or some credit card. I say Yikes! These same friends buy Starbucks coffee and nice clothes for the kids. Why do they "need" a credit card for those purchases when they carry a balance. Great post. <em>Scott @ The Passive Dad's last blog post..<a href='http://feeds.feedburner.com/~r/thepassivedad/BEqd/~3/402800568/' rel="nofollow">$1500 Reduction In Property Tax. Help Your Friends And Neighbors Save Money</a></em> With #23 I’ve also heard friends say that they couldn’t get by if it wasn’t for Visa or some credit card. I say Yikes! These same friends buy Starbucks coffee and nice clothes for the kids. Why do they “need” a credit card for those purchases when they carry a balance. Great post.

Scott @ The Passive Dad’s last blog post..$1500 Reduction In Property Tax. Help Your Friends And Neighbors Save Money

]]> By: RebekahC http://www.myinvestingblog.com/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2253 RebekahC Thu, 25 Sep 2008 14:43:18 +0000 http://myinvestingblog.com/2008/09/16/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2253 A wonderful conclusion to your series. I really appreciated your thoughts on the rent vs own situation. I guess I'm not very savy when it comes to math and without someone breaking it down for me, like you've done here, I was content to go along with the myth mindset that renting was a waste of money. Since my husband and I are hoping to move within the next year there's a good chance we'll end up renting an apartment for a few months after our house sells and we look for a new one in the new town. Before reading your article I was worried that this would be convenient but a waste of money. Now I see that it will actually not be such a stupid decision after all. Thanks again! RebekahC littleminx at cox dot net www.readysetreadreviews.blogspot.com <em>RebekahC's last blog post..<a href='http://readysetreadreviews.blogspot.com/2008/09/baby-animals-by-jim-pipe.html' rel="nofollow">Baby Animals by Jim Pipe</a></em> A wonderful conclusion to your series. I really appreciated your thoughts on the rent vs own situation. I guess I’m not very savy when it comes to math and without someone breaking it down for me, like you’ve done here, I was content to go along with the myth mindset that renting was a waste of money. Since my husband and I are hoping to move within the next year there’s a good chance we’ll end up renting an apartment for a few months after our house sells and we look for a new one in the new town. Before reading your article I was worried that this would be convenient but a waste of money. Now I see that it will actually not be such a stupid decision after all. Thanks again!

RebekahC
littleminx at cox dot net
http://www.readysetreadreviews.blogspot.com

RebekahC’s last blog post..Baby Animals by Jim Pipe

]]> By: My Debt Refinance http://www.myinvestingblog.com/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2254 My Debt Refinance Wed, 24 Sep 2008 09:40:52 +0000 http://myinvestingblog.com/2008/09/16/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2254 I'll save money when I have enough - I have heard this myth a lot. What happen is "enough" never comes. So is better to start right now. For this I use a piggybank and everyday I put some money on it. Sometimes I have some change, sometimes some dollars and when I put them there, there's no return so I save a lot of money that otherwise will go to cheap daily buys. <em>My Debt Refinance's last blog post..<a href='http://mydebtrefinance.com/blog/what-will-you-be-doing-with-your-finances-in-the-next-year/' rel="nofollow">What will you be doing with your finances in the next year?</a></em> I’ll save money when I have enough – I have heard this myth a lot. What happen is “enough” never comes. So is better to start right now.

For this I use a piggybank and everyday I put some money on it. Sometimes I have some change, sometimes some dollars and when I put them there, there’s no return so I save a lot of money that otherwise will go to cheap daily buys.

My Debt Refinance’s last blog post..What will you be doing with your finances in the next year?

]]> By: Hanks Weekly Hangouts #50 (September 20, 2008) | MiB Smarter Money http://www.myinvestingblog.com/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2256 Hanks Weekly Hangouts #50 (September 20, 2008) | MiB Smarter Money Sun, 21 Sep 2008 23:48:48 +0000 http://myinvestingblog.com/2008/09/16/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2256 [...] Debunking The 25 Most Outrageous Money Myths (part 4 of 4) [...] [...] Debunking The 25 Most Outrageous Money Myths (part 4 of 4) [...]

]]> By: FNBO Pay Yourself First Weekend PrimeTime QuickHits | Prime Time Money http://www.myinvestingblog.com/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2255 FNBO Pay Yourself First Weekend PrimeTime QuickHits | Prime Time Money Wed, 17 Sep 2008 11:52:45 +0000 http://myinvestingblog.com/2008/09/16/debunking-the-25-most-outrageous-money-myths-4-of-4/#comment-2255 [...] Debunking The 25 Most Outrageous Money Myths [...] [...] Debunking The 25 Most Outrageous Money Myths [...]

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