Comments for More Than Money - A GMFCU Blog http://blog.gmfcu.com Wed, 07 Jan 2009 08:05:41 +0000 http://wordpress.org/?v=MU hourly 1 Comment on ATM, A Turkey Moment by Aaron http://blog.gmfcu.com/2008/11/12/atm-a-turkey-moment/#comment-76 Aaron Wed, 03 Dec 2008 18:09:51 +0000 http://gmfcu.wordpress.com/?p=373#comment-76 My name suggestion Dinner. My name suggestion Dinner.

]]> Comment on Teaching the things we know best by My Retirement Plan http://blog.gmfcu.com/2008/10/21/teaching-the-things-we-know-best/#comment-74 My Retirement Plan Thu, 20 Nov 2008 00:28:23 +0000 http://gmfcu.wordpress.com/?p=346#comment-74 <strong>My Retirement Plan...</strong> I enjoyed reading your blog. What a great thing it is to be able to share information like this on the Internet.... My Retirement Plan…

I enjoyed reading your blog. What a great thing it is to be able to share information like this on the Internet….

]]> Comment on Teaching the things we know best by debit card http://blog.gmfcu.com/2008/10/21/teaching-the-things-we-know-best/#comment-72 debit card Tue, 18 Nov 2008 10:20:08 +0000 http://gmfcu.wordpress.com/?p=346#comment-72 <strong>debit card...</strong> Didn't realise there was this type of information out there... debit card…

Didn’t realise there was this type of information out there…

]]> Comment on Teaching the things we know best by Jana http://blog.gmfcu.com/2008/10/21/teaching-the-things-we-know-best/#comment-62 Jana Wed, 22 Oct 2008 20:38:00 +0000 http://gmfcu.wordpress.com/?p=346#comment-62 I have to respond to your post, Kathy. When I was in high school, I was very much like your daughter. I guess I had the "cornucopia child" syndrome you speak of. Similarly, my parents both worked in the financial industry--my dad is a Financial Planner and my mom works as a Retirement Plan Administrator. Without a doubt, my spending and savings habits scared my parents. I'm sure they wondered where they went wrong. I worked about 15 hours a week during high school and spent about everything I made. What I had saved for college was primarily from birthday or graduation gifts. It was during my first year of college that I started to understand my bigger financial picture. My parents paid for my tuition and books, but the day-to-day expenses were mine to cover. Since I was not working my freshman year, I noticed how my savings was dwindling and not being replenished by a regular paycheck. Suddenly things clicked. Happy to say, I ended up making my parents proud with how I've managed my finances. I bought my house when I was 21, have been contributing to an IRA and my 401k, have set aside emergency funds and am now tucking away for my own daughter's education. I know I made it to where I am because my parents had set a good example. Sure, I had everything I wanted growing up, but I had a firm understanding that I had been very fortunate and blessed. Going to college really helped that sink in. Most of my friends were covering their school expenses with student loans and working many hours to make ends meet. My parents had provided me with more than enough and I wanted to make sure I could continue living like that and someday pass that on to my family. I am confident your daughter will turn that corner at some point in the near future. In the mean time, you will probably find more shopping bags coming in the door than money being deposited into her savings. I have to respond to your post, Kathy. When I was in high school, I was very much like your daughter. I guess I had the “cornucopia child” syndrome you speak of. Similarly, my parents both worked in the financial industry–my dad is a Financial Planner and my mom works as a Retirement Plan Administrator. Without a doubt, my spending and savings habits scared my parents. I’m sure they wondered where they went wrong.

I worked about 15 hours a week during high school and spent about everything I made. What I had saved for college was primarily from birthday or graduation gifts. It was during my first year of college that I started to understand my bigger financial picture. My parents paid for my tuition and books, but the day-to-day expenses were mine to cover. Since I was not working my freshman year, I noticed how my savings was dwindling and not being replenished by a regular paycheck. Suddenly things clicked.

Happy to say, I ended up making my parents proud with how I’ve managed my finances. I bought my house when I was 21, have been contributing to an IRA and my 401k, have set aside emergency funds and am now tucking away for my own daughter’s education.

I know I made it to where I am because my parents had set a good example. Sure, I had everything I wanted growing up, but I had a firm understanding that I had been very fortunate and blessed. Going to college really helped that sink in. Most of my friends were covering their school expenses with student loans and working many hours to make ends meet.

My parents had provided me with more than enough and I wanted to make sure I could continue living like that and someday pass that on to my family. I am confident your daughter will turn that corner at some point in the near future. In the mean time, you will probably find more shopping bags coming in the door than money being deposited into her savings.

]]> Comment on My Money Pit by Kayla http://blog.gmfcu.com/2008/08/26/my-money-pi/#comment-45 Kayla Fri, 29 Aug 2008 02:34:16 +0000 http://gmfcu.wordpress.com/?p=208#comment-45 I totally get where you're coming from. I do the same thing! My "money pit" is going to the movies. It keeps getting more and more expensive, but it is a date night with my husband so it's worth it. I totally get where you’re coming from. I do the same thing! My “money pit” is going to the movies. It keeps getting more and more expensive, but it is a date night with my husband so it’s worth it.

]]> Comment on Backing up your information: it’s the same old story… by Joel http://blog.gmfcu.com/2008/08/20/backing-up-your-information-its-the-same-old-story/#comment-35 Joel Thu, 21 Aug 2008 13:22:20 +0000 http://gmfcu.wordpress.com/?p=167#comment-35 He is absolutly correct! Backing up your computer is very important unless you really know computers and how to recover your files on a crashed PC yourself. One piece of software I recommend is Windows Live OneCare. The software is not only an AntiVirus, but also includes Malware protection, Stronger Firewall, PC Backup, and PC Tuneup. It reminds you to backup your PC on a frequent basis and if you have an external hard drive it will encrypt and compress your files to spare room on your drive. Not only that but it does a differential backup, only backing up files that have changed or been added since your last backup so that the backups complete more quickly. Also, the licensing allows you to use the software on 3 of your PCs for the same price as you would pay for 1 PC, and is fully compatible with Windows. He is absolutly correct! Backing up your computer is very important unless you really know computers and how to recover your files on a crashed PC yourself. One piece of software I recommend is Windows Live OneCare. The software is not only an AntiVirus, but also includes Malware protection, Stronger Firewall, PC Backup, and PC Tuneup. It reminds you to backup your PC on a frequent basis and if you have an external hard drive it will encrypt and compress your files to spare room on your drive. Not only that but it does a differential backup, only backing up files that have changed or been added since your last backup so that the backups complete more quickly. Also, the licensing allows you to use the software on 3 of your PCs for the same price as you would pay for 1 PC, and is fully compatible with Windows.

]]> Comment on Bookshelf Emergency by Wendy http://blog.gmfcu.com/2008/08/18/bookshelf-emergency/#comment-33 Wendy Tue, 19 Aug 2008 19:25:24 +0000 http://gmfcu.wordpress.com/?p=164#comment-33 You may want to try ServiceMagic.com. I have not personally used the site. But I have a friend who used it to find someone to install her exterior doors. She was very pleased. I noticed that the website lists carpenters as well. My understanding is that carpenters would then bid on your project and you could hire whomever you like. Good luck! You may want to try ServiceMagic.com. I have not personally used the site. But I have a friend who used it to find someone to install her exterior doors. She was very pleased. I noticed that the website lists carpenters as well. My understanding is that carpenters would then bid on your project and you could hire whomever you like. Good luck!

]]> Comment on Preparing for Military Deployment by AlexM http://blog.gmfcu.com/2008/08/06/preparing-for-military-deployment/#comment-29 AlexM Fri, 15 Aug 2008 19:35:35 +0000 http://gmfcu.wordpress.com/?p=140#comment-29 Your blog is interesting! Keep up the good work! Your blog is interesting!

Keep up the good work!

]]> Comment on Welcome to our blog! by Car loans http://blog.gmfcu.com/about-our-blog/#comment-28 Car loans Wed, 13 Aug 2008 20:16:22 +0000 #comment-28 Very interesting blog, i have added it to my fovourites, greetings Very interesting blog, i have added it to my fovourites, greetings

]]> Comment on How to Tackle a Wedding a Little at a Time by WC http://blog.gmfcu.com/2008/07/09/how-to-tackle-a-wedding-a-little-at-a-time/#comment-25 WC Fri, 08 Aug 2008 06:57:59 +0000 http://gmfcu.wordpress.com/?p=40#comment-25 I'd much rather finance a Harley than a wedding any day. Their resale value holds up much better and they also last alot longer. I’d much rather finance a Harley than a wedding any day. Their resale value holds up much better and they also last alot longer.

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