Comments on: Why I Still Have No Money

By: kat

kat — Tue, 17 Jun 2008 16:38:53 +0000

Hey, thanks for some good advice on this blog. I’ve been reading back-entries since I stumbled across it yesterday. As far as selling used electronics goes… you might check out secondrotation.com. I just got rid of my old cell phone on there.. they offered me $8 for it, which, granted, isn’t very much, but then again it was free with the plan (AND I got a good 2 years of use out of it), so that’s actually kind of cool.

I also sell a lot of used DVDs and sometimes electronics on Amazon; it’s nice because you don’t have to write descriptions, take pictures, determine shipping costs, all that BS. Amazon DOES take a slightly higher cut than eBay, and doesn’t always provide an adequate shipping credit; but for me, it’s worth it.

By: Mike

Mike — Mon, 28 Apr 2008 09:26:19 +0000

Nothing has enhanced my wealth more than moving to a city where one doesn’t need a car, and getting rid of my car.

I’m referring only to the money I save on car ownership (including purchase price, maintenance, insurance, and gasoline). But it wouldn’t surprise me if shedding the stress of car ownership has also made me a more productive worker (and since I am a free lance consultant, my productivity increase– whatever its explanation– has led directly to more income).

By: Mike

Mike — Mon, 28 Apr 2008 04:08:24 +0000

Hopefully in 16 months you can blog about “why I have money now.” The upside of all this seems to be that you are completely conscious of your mistakes!

By: Frugalista

Frugalista — Sat, 26 Apr 2008 22:02:49 +0000

Once you get done with the car note, you will be in a great place. 16 months to pay off 7k in credit card debt is not bad.

By: Smithee

Smithee — Fri, 25 Apr 2008 21:14:22 +0000

MSMomsmoney, I am happy with the Prius, yes. Keeping the mileage as high as possible is a fun little game that keeps me focused on the driving task instead of, say, rocking out to my music.

By: Lisa

Lisa — Fri, 25 Apr 2008 19:04:04 +0000

I really enjoyed reading this post – your honesty is refreshing, and I can personally relate to everything that you wrote! It’s nice to see I’m not the only one…

By: MSMomsmoney

MSMomsmoney — Fri, 25 Apr 2008 17:03:10 +0000

Have you checked out Penfed, for refinancing your Prius?

Current rate for new AND used cars AND re-fi’s is 4.25% (12 to 60 months).

http://www.penfed.org

I am coveting a Prius right now. Are you happy with it? I currently drive a 2002 Dodge Grand Caravan.

By: KC

KC — Fri, 25 Apr 2008 15:14:31 +0000

You need a cash diet!! Spend only cash – no credit. But at least you are admitting your weaknesses and that will help – you’ll be thinking about this entry next time you get a weakness to buy something. I’m really appauled at your cars – if you were better with those it might allow you a little more weakness in the other areas.

I like sweet cars, too, in particular expensive ones. I usually buy an entry level luxury car off lease. In other words one that is 3-4 years old that most likely someone else leased. There is an abundance of these cars and you can usually get a good deal. 3 years ago I bought an Acura TL off lease for less than $20k (taxes and all) and I’m still driving it. When its cleaned up it is a sweet ride. I plan on getting at least 2 more years out of it and keep it looking good. I’ve got a nicer (albeit older) ride than most of my friends and its paid for!!

By: fathersez

fathersez — Fri, 25 Apr 2008 13:47:22 +0000

He who knows and knows that he knows…he is wise.

You have just proved that you are wise. I am sure that not too long from now, you will be writing a post titled Why we now have money.

Best regards