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Old 08-14-2007, 09:27 AM   #20
Tron_fdc
In Your MCP
 
Join Date: Apr 2004
Location: Watching Hot Dog Hans
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Quote:
Originally Posted by Muta View Post

Money management isn't hard; the only thing it requires is commitment and tolerance. I really have a hard tim understanding why most people are so bad with money.
A lot of it has to do with impulse spending IMO. I know I've been guilty of it (on more than one occasion)...I see something that I don't really need (but I really want) and if there's enough money in my account I go out and buy it.

I would say for the most part that's not a problem; as long as your impulses don't fall into the "major purchase" categories. Taking out a HELOC to buy a shiny BMW might not be the smartest thing you can do.
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