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Dodging A Haircut


wealthymattersThere are always going to be ants and grasshoppers. Unfortunately, after the grasshoppers have partied a country to the brink,on the day of reckoning, the ants will pay the price, for the grasshoppers have nothing to pay with. Savers pay when governments keep interest rates artificially low, savers pay when inflation eats away at the value of their savings and savers pay when currencies are devalued. It is harder for prudent ants to influence governments and society because saving and investing, to progress in an orderly manner, over a period of time is so unsexy. It is far easier to fall for the glamourous visions of grasshoppers that involve great expenses today, often borrowed, to ensure a many great parties tomorrow, that will be no big deal to pay for, given greater earnings in future.

The only recourse left to ants is to disconnect from the dominant ideas of the day and continue doing what their good sense tells them to do. And one skill that they had better cultivate, is to side-step the force that governments of grasshoppers can legitimately bring to bear. Read more of this post

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Dealing with Savers and Spenders


wealthymatters.comI found the following post here: http://www.misformoney.net/2009/04/opposites-attract-when-saver-marries.html . I found the advice pretty sage.It’s basically for couples to help them deal with different money habits but I don’t see why the tips can’t be used with the friends,colleagues and business associates we need to work with.

Opposites Attract – When a Saver Marries a Spender


Let’s be honest, it is common for couples to fight about money. It is also common to have two financial opposites in the relationship. This pairing provides special challenges, but there are many couples who make it work. It all starts with awareness, first about yourself and second about your partner. Read more of this post

Are you a Saver or Spender ?


wealthymatters.comEver wondered if you were more of a saver or a spender ?I do.I know I’m a PAW by using the calculator here:https://wealthymatters.com/2011/01/17/am-i-wealthy-calculator/ .But I have a long wish-list of investments I’d love to own.And any cash that I get in hand I tend to use to buy one of them.But that dents the balance in my bank accounts and I start feeling a bit deprived.I crave the security of cash.Totally illogical,but true.My brain can grasp that the money has just moved from one head to another but my gut can’t.

If you too wonder whether you are a spender or saver why not take the short quiz here ?http://www.moneymatterstome.co.uk/7-Personal-life-choices/Sub1/Activity-AreYouASpenderOrASaver.htm  and to double check you could click on the first link and use the calculator there to see if you qualify as a PAW.

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