Comments for Financial Facts

Comment on The three bucket theory of money management. by Tony

Tony — Tue, 16 Aug 2011 04:20:59 +0000

Interesting way of looking at things and maybe a little different to my approach which is much more haphazard and inefficient. I am going to have a re think about how I mange my money, glad I came across your post

Comment on The three bucket theory of money management. by James Hannagan

James Hannagan — Thu, 04 Aug 2011 03:33:51 +0000

If only more people listened to your advice on bucket #1. Before you can think about any home improvements, travel plans or a new car, you must have emergency money behind you for unexpected life events. People get caught out by this all the time.
In Australia, bucket #2 is redundant isn’t quite as important because we have compulsory employer contributions to workers’ superannuation schemes – on top of your income, employers pay 9% of your salary into a retirement investment fund.
But the principle remains the same – you must save for the hard times during the good times.

Comment on 10 Ways A Woman Can Find Out If A Man Is Unfaithful Through His Credit Card by Ed

Ed — Thu, 28 Jul 2011 10:20:08 +0000

If you follow this advice you are not fit to be in a relationship. If it’s got to the point where you feel you need to spy on your partner you are long past the point where you should have broken up.

Trust is the basis of any relationship. Without it you need to move on, kids or not. You’ll only mess them up more by sticking around.

Do the right thing and let them down gently, not this evil crap.

Comment on Is the recession over? Should Bank Bailouts discontinue? by Jim P.

Jim P. — Tue, 26 Jul 2011 07:14:56 +0000

“Bailout still a good idea”

I think it is. So far, it did help a lot of people start recovering. I just hope it starts to get better for all of us.