So Your Life Sucks, But Your Finance Doesn’t Have To
Posted by Cap in Personal Finance |A recent instant message from my younger cousin pointed me towards the deliciously funny website: fmylife.com, which basically contains various stories and tidbits about how much one’s life sucks.
For example, here’s the top rated FML (f– my life):
Today, I received my passport in the mail. They got my birth date wrong. Then I picked up my birth certificate that I had sent in with the application. Turns out my parents have been celebrating my birthday on the wrong day for 16 years. FML
As with many websites geared towards sinking time, fmylife.com can often be a funny yet sad read. The reason why I pointed out this website was not to spread further misery, but to acknowledge the fact that, sometimes, life can throw a sucker punch in your face, and there’s not much you can do about it.
Occasionally you may have events in life that may be overwhelming you. Add those life situations to the mounting debt, to the struggling cash flow, to the seemingly unmanageable financial accounts and you’ll have a good reason to turn a blind eye to financial meltdowns that may be occurring around you.
Although at times you may not be able to do much about certain happenings in your life, your personal finance doesn’t have to be the same way. Many times, your personal finance is something you can affect and manage.
So what steps should you take to gain command over your personal finance? What can you do to make sure your finance isn’t contributing to the suckage?
The answer, unfortunately, varies depending on your life situation. Yes, it would have been sweet to be able to find a one-size-fit-all financial solution at the end of this post, but if you couldn’t tell from the horrendous writing, you’re reading a C-list personal finance blog.
Instead of mouthing off financial advice that may not pertain to your situation and face possible litigation on making your life worse, here are some decent personal finance books that I recommend, depending on your life situation:
- If you’re young, clueless about financial basics and still thinks a T-shirt in exchange for a credit card is a swell deal, consider I Will Teach You To Be Rich by Ramit Sethi.
- If you feel that you’re too busy to deal with all the financial jargon but still want to build a solid foundation for your financial life, check out Smart and Simple Financial Strategies for Busy People by Jane Bryant Quinn.
- If you’re looking for simplicity in your life and feel that you need to find a sensible balance to your finances, try Your Money or Your Life by Vicki Robin.
- If you’re knee deep in debt, don’t see an end in sight and feel that some drastic financial changes may be in order, look into The Total Money Makeover by Dave Ramsey.
12 Comments to “So Your Life Sucks, But Your Finance Doesn’t Have To”
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April 20th, 2009 at 10:29 am
I also think anything by Jean Chatsky is good too.
April 20th, 2009 at 10:39 am
You know I have her book “Pay It Down” stashed away somewhere and never got a chance to read it. Will dig it up and check out the rest of her books when I get a chance to.
April 21st, 2009 at 4:24 am
Great little list of resources here. I wish I had know in my 20’s about money, what I’ve learned how that I am 30. Starting young with good financial decisions is the key, I’m working my 5 year old with financial training (that may sound crazy, but I think it is important) No one wants life to suck, and bad finances can be a drain on energy, so start young, ya know!
Peace,
-TAM
April 21st, 2009 at 4:26 am
All great books. I think “The Millionaire Next Door” is the best place to start for a financial novice who is serious about changing their life to one of prosperity and a focus on the future. It should be required high school reading so that our kids can learn that you become a millionaire by savings and sacrifice and not by wasteful spending on luxury items. I posted a quick review of the book at:
http://www.twentysomethingsense.com/2009/01/book-recommendation-1.html
April 21st, 2009 at 10:56 am
I just read the revised version of Your Money or Your Life. I’d forgotten what great advice it contained. For another book that covers the basics, I’d recommend The Wealthy Barber.
April 23rd, 2009 at 2:29 pm
“Millionare next door” is very good, so is “Die Broke” and “Live Rich”.
April 29th, 2009 at 3:37 am
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May 7th, 2009 at 9:57 pm
It seems as though I have read most of those books you mentioned. My problem doesn’t stem with what to do…I KNOW what to do. I just can’t seem to stay motivated. I’m really trying this time though, and I would love some advice on ways other people stay motivated with there are so many temptations around them.
May 8th, 2009 at 9:37 am
Ha! That reminds me, preparing for a trip to Central America recently lead me to discover that my passport – with which I had traveled overseas several times – had me listed as a woman. (I’m not.) No idea how THAT happened! Yeah, it’s always good to try to have some insurance that you are getting the correct information on legal documents…
Finance-wise, I have found that Ramsey’s book is the easiest one for most to grasp. It can make a big difference for a lot of people. It pretty much changed my parents’ lives.
Jerry
May 11th, 2009 at 10:02 pm
Hi
I have to agree with the previous commenter. I have lots of information on what I should do but making myself so it is another matter.
In this way financial discipline is a lot like trying to lose weight. I know that eating that burger and fries isn’t good for me but I still want to eat it anyway:)
May 29th, 2009 at 10:09 pm
I know this doesn’t have anything to do with financial stuff but if you like Fmylife.com you should really check out http://www.fwhyme.com | way better + they have confessions and jokes.. If you got some time you want to occupy FWM is the place to do it..
July 31st, 2009 at 5:39 pm
How about the capitalist pig’s guide to investing? It is funny and informative. I will never forget the part where the author mentions people buying crap out of a clothes magazine that depicts young folks out having fun on a road trip…how about saving your money instead of buying stylish clothes and take that road trip instead. Anyone else read this book?