Comments on: My Economic Plan? Stimulate Yourself!

By: mlm prelaunch

mlm prelaunch — Sun, 17 May 2009 15:30:38 +0000

This is definitely an awesome advice that a reader can't live without. So practical that one may be inspired to pursue on what he believes will uplift his well being through thick and thin.

By: The David

The David — Fri, 27 Mar 2009 01:47:06 +0000

I'm sorry to hear about your husband's job loss, but I'm glad you were taking the right steps before it happened. Hopefully I'm never under the gun like that.

Congrats on your home business! It's good to know that people are doing it and making it work.

By: DeeJay

DeeJay — Thu, 26 Mar 2009 18:21:44 +0000

David love your attitude! You caught my attention! I agree, stimulating your own wallet can be a difficult but much more rewarding to one's self when not having to rely on the government to bail you out. Could be a long time a coming! We were “victims of the mudslide” in Sept. when my husband lost his well paying job of 14 years! Thankfully I had been taking Dave Ramsey's advice on snowballing our debt and earned a small income with my WAHM biz. When the job loss happened, we used the home biz not only for tax breaks but to build a significant income. We both work at home now! It kind of happened by accident but am sure glad it did! My advice to anyone out there who is looking to make a couple extra bucks to help them pay off debt would be what we are doing. You find us in the MLM stats because we aren't one, it works for us…Could work for you too!! You can see our story @ http://solutionsolver.makemoreathome.com!
Thanks for your inspiration to all!!

By: The David

The David — Wed, 25 Feb 2009 06:16:11 +0000

Congratulations on graduating with no debt. That's quite an accomplishment. So would leaving corporate America by 25.

I'd be interested in hearing how you managed to go to college without debt, and even more so in how you plan on retiring from the corporate world so early.

By: Chiko777

Chiko777 — Wed, 25 Feb 2009 03:45:06 +0000

I like this article and think a lot of people should take the advice that you give here. People need to learn how to take responsibility of their personal finance. Since I was 13, I've made an effort to be concern with my finances that's why I've been able to do a lot with my finances. I just graduated a 4 year university with no college debt and plan to retire (or walk away) from corporate America by 25.

By: The David

The David — Mon, 23 Feb 2009 18:31:22 +0000

Thanks! I'll admit, I was trying to grab readers with an overly provacative headline, but it's definitely true of my feelings too.

I was mad at first. I couldn't help but think about "what's in in for me?", instead of "do I really need it?". Kind of like how when stimulus checks were sent out last year, many people complained it was a waste, but you didn't hear about anybody giving their check back.

I came to my senses pretty quickly, and am just thankful to be in as good of a position as I am. It won't do me a lick of good to worry about what others are getting (especially if some of them are in a very bad place).

I'm honored to hear you'll be coming back! Thanks for reading and commenting.

By: Michigan Lady

Michigan Lady — Mon, 23 Feb 2009 18:12:38 +0000

I love it! “Stimulate Yourself!” I also love that you were at first mad that you wouldn't be benefitting from the government's package…but then realized that you didn't really need it. Just stumbled along your blog today…and will continue to visit!

By: The David

The David — Wed, 18 Feb 2009 01:34:03 +0000

Nice foresight in starting to prepare for this ahead of time...just by doing that, you saw what 99.9% of the experts couldn't.

I didn't do anything to prepare for this storm, but you can bet I won't be caught off guard again.

The government doesn't do anything to help the people doing what they should, so it's even more incentive to be prepared.

I'm not trying to complain. Giving people money when they don't need it would be wasteful, but still, it just doesn't seem right to reward people who were reckless with their finances.

By: Patrice@SeekWisdomFindWealth

Patrice@SeekWisdomFindWealth — Tue, 17 Feb 2009 23:39:06 +0000

I couldn't agree with you more! I closed my business in 2007 when I realized this thing is going to snowball into something crazy. I'm glad I started making some of the appropriate moves a little earlier than most. I'm still recovering from that, but my husband and I are doing it on our own, little by little. Unless the gov divided $800 billion amongst tax paying citizens who would agree to pay off mortgages and car loans to stimulate the economy, then there's not much else they can do for me!

By: The David

The David — Tue, 17 Feb 2009 23:10:30 +0000

You're absolutely right about the debt. I feel like it's a weight on my shoulders all the time. Not only will I have more peace of mind, but I'll also feel less guilty about spending money, and I'll be able to use my money to get ahead in life, not just trust water.

And you're right about depending on the government too. I never, ever want my well being to depend on anyone else, let alone the government. I want to have control over my own finances and my own life.

Good point about how the dependency turns into a life long cycle too.

Thanks for the comment!

By: The Happy Rock

The Happy Rock — Tue, 17 Feb 2009 15:31:11 +0000

I agree. Relying on the government for anything is a recipe for lifelong dependency and mediocrity.

Getting rid of the debt will be a huge step towards freedom and independence. Think about how differently you would feel if you lost your job and you had no debt. Most people could almost survive by delivering pizzas!

By: The David

The David — Tue, 17 Feb 2009 13:04:07 +0000

I agree. Only you can save yourself. It's the first, and most reliable, line of defense.

And most people don't trust the government any further than they could throw them, so why do they look to them to fix the economy and solve their problems?

The whole TARP thing is a joke too…I couldn't believe MoneyNing's article about how easy it was to apply (http://moneyning.com/money-news/7-facts-you-may...). Corporations only have to fill in two pages to get billions of dollars. It's a travesty.

By: DDFD at DivorcedDadFrugalDad

DDFD at DivorcedDadFrugalDad — Tue, 17 Feb 2009 12:29:55 +0000

Helping yourself is the surest way move forward. Furthermore, being prepared is the surest way to make it through a crisis– just look how well the government handled Katrina and the TARP. . . that kind of help we can all do without!