Grand Rounds: Your Relationship With Money
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Welcome to this session of grand rounds, a collection of posts I have discovered in the blogosphere and have found of interest and hope you do too.
This offering of Grand Rounds looks at articles from around the web that deal with how our behavior/personality and money can be intertwined.
Life is a puzzle.
Well, The Physician Philosopher takes this quite literally and writes about how solving a jigsaw puzzle and getting your finances in order are quite analogous in, “5 Steps To Winning At Personal Finance.”
Do you have your pieces lined up correctly?
Having your partner on the same page financially gives you the best chance for overall financial success.
Much like a colander that will never fill no matter how much water you pour into it, pairing a spender and a saver can have similar results.
The one and only White Coat Investor shares some tips to have you both pointing in the right direction in, “7 Ways To Get Your Partner On Board Financially.”
It does not matter what the actual number is on your paycheck, no matter how big it is, as it is always possible to spend it all if you are not careful.
The general public would be surprised that people they think are rich, such as doctors, are still living paycheck to paycheck.
These wealthy appearing individuals have only created a facade of wealth.
In order to build true wealth, the living paycheck to paycheck cycle must be broken.
Prescription for Financial Success helps us in this endeavor in the post, “10 Steps To Recovery From The Paycheck To Paycheck Lifestyle.”
The best way to build wealth is by trying to slash expenses as much as possible.
By decreasing your outflow of cash you begin to build a financial dam.
But exactly how far are you willing to go?
Keeping with the water theme, Ramp Capital LLC takes it to the extreme in the hilarious, tongue-in-cheek post, “Flushing Money Down The Toilet.”
Of course if you still prefer to use your own toilet, check out my doctor’s bag review of a toilet upgrade that truly is amazing.
The only thing we have to fear is fear itself.
Unfortunately as humans we find ways to be fearful of pretty much anything.
A quick glance of some of the strange phobias out there gives proof of that.
Well as amazing as money is, it too can be the source of fear for a lot of individuals.
Debt Free Doctor delves into this phenomenon in, “Do You Have A Fear Of Money?- Chrometophobia.”
Hope you enjoyed the reading material.
Have a great rest of the week.
If you are in search of financial help, please consider enlisting the service of any of the sponsors of this blog who I feel are part of the “good guys and gals of finance.”
Even a steadfast DIY’er can sometimes gain benefit from the occasional professional input.
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