Comments on: What Is Your Biggest Financial Fear? http://almostfrugal.com/2008/08/07/what-is-your-biggest-financial-fear/ Learning about frugality Wed, 25 Apr 2012 20:11:06 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Mikehttp://almostfrugal.com/2008/08/07/what-is-your-biggest-financial-fear/#comment-5802 Mike Wed, 30 Sep 2009 23:25:13 +0000 http://almostfrugal.com/?p=774#comment-5802 My biggest fear has already happened. I stupidly bought a sports car in June last year which is now worth half of what I paid for it and I can't give it back when the lease finishes for another 18 months. Not too bad I hear you say...well it wouldn't be but I lost my job in January of this year and can barely pay the mortgage let alone my stupid car finance. I could kick myself repeatedly for being so vain and stupid. My biggest fear has already happened. I stupidly bought a sports car in June last year which is now worth half of what I paid for it and I can't give it back when the lease finishes for another 18 months. Not too bad I hear you say…well it wouldn't be but I lost my job in January of this year and can barely pay the mortgage let alone my stupid car finance. I could kick myself repeatedly for being so vain and stupid.

]]> By: Jerryhttp://almostfrugal.com/2008/08/07/what-is-your-biggest-financial-fear/#comment-5110 Jerry Fri, 05 Jun 2009 12:02:00 +0000 http://almostfrugal.com/?p=774#comment-5110 My biggest fear is losing my job which would be not only a loss of income but health insurance for the family. It's scary in this climate. You just don't know what to expect. I kinda wish I lived in France! But, I try not to dwell because it leads me to be anxious. I prefer to try and be proactive about what I have at hand and move forward. No time to dwell on the possibilities. Jerry My biggest fear is losing my job which would be not only a loss of income but health insurance for the family. It’s scary in this climate. You just don’t know what to expect. I kinda wish I lived in France! But, I try not to dwell because it leads me to be anxious. I prefer to try and be proactive about what I have at hand and move forward. No time to dwell on the possibilities.
Jerry

]]> By: slinkyhttp://almostfrugal.com/2008/08/07/what-is-your-biggest-financial-fear/#comment-1093 slinky Thu, 14 Aug 2008 21:29:54 +0000 http://almostfrugal.com/?p=774#comment-1093 My fiancee losing or quitting his job right after I finance my new car. I hate it when life interferes with my well laid plans! (There wasn't supposed to be any financing, but the car died sooner rather than later.) We'd be alright for a while, but money would get pretty tight. Another fear is that my fiancee and I will never be in a place to accomplish our dreams. I'm pretty determined not to let that happen though. My fiancee losing or quitting his job right after I finance my new car. I hate it when life interferes with my well laid plans! (There wasn’t supposed to be any financing, but the car died sooner rather than later.) We’d be alright for a while, but money would get pretty tight. Another fear is that my fiancee and I will never be in a place to accomplish our dreams. I’m pretty determined not to let that happen though.

]]> By: karla (threadbndr)http://almostfrugal.com/2008/08/07/what-is-your-biggest-financial-fear/#comment-1066 karla (threadbndr) Tue, 12 Aug 2008 15:57:52 +0000 http://almostfrugal.com/?p=774#comment-1066 I think my biggest fear is that I've messed up planning for retirement. What seemed so far away is now not all that far - still about 15 years out, and I have a traditional pension and 401k and Roth savings, but still - it's not all THAT far away. I think my biggest fear is that I’ve messed up planning for retirement. What seemed so far away is now not all that far – still about 15 years out, and I have a traditional pension and 401k and Roth savings, but still – it’s not all THAT far away.

]]> By: Karen Rhttp://almostfrugal.com/2008/08/07/what-is-your-biggest-financial-fear/#comment-996 Karen R Fri, 08 Aug 2008 16:31:36 +0000 http://almostfrugal.com/?p=774#comment-996 My biggest fear is that dh could lose his job. My second biggest fear is that we can't afford the medical insurance premiums. My biggest fear is that dh could lose his job. My second biggest fear is that we can’t afford the medical insurance premiums.

]]> By: Alison @ This Wasn't In The Planhttp://almostfrugal.com/2008/08/07/what-is-your-biggest-financial-fear/#comment-988 Alison @ This Wasn't In The Plan Fri, 08 Aug 2008 05:24:14 +0000 http://almostfrugal.com/?p=774#comment-988 I think that currently my biggest fear is that we won't be able to sell our house when the time comes. We aren't planning to anytime in the future, but we aren't going to be staying in it forever either. I just am really fearful that no one will want to live in our neighborhood (heck, we don't really like living here!), and that my husband will have a job in another state, forcing us to rent this out or just continue to pay the mortgage on a place we don't live while we'll need to pay living expenses elsewhere. I guess it's pretty good that my fear is something that, as far as I know, is something that will be a non-issue for a few more years! Alison @ This Wasn't In The Plan's last blog post..<a href="http://nottheplan.blogspot.com/2008/08/july-wrap-up.html" rel="nofollow">July Wrap-Up</a> I think that currently my biggest fear is that we won’t be able to sell our house when the time comes. We aren’t planning to anytime in the future, but we aren’t going to be staying in it forever either. I just am really fearful that no one will want to live in our neighborhood (heck, we don’t really like living here!), and that my husband will have a job in another state, forcing us to rent this out or just continue to pay the mortgage on a place we don’t live while we’ll need to pay living expenses elsewhere.
I guess it’s pretty good that my fear is something that, as far as I know, is something that will be a non-issue for a few more years!

Alison @ This Wasn’t In The Plan’s last blog post..July Wrap-Up

]]> By: Mirandahttp://almostfrugal.com/2008/08/07/what-is-your-biggest-financial-fear/#comment-987 Miranda Thu, 07 Aug 2008 22:03:07 +0000 http://almostfrugal.com/?p=774#comment-987 My biggest financial fear is losing one of my higher paying freelance writing gigs. How would I replace it? As a result, we try to live on 2/3 of what I make, and save what we can for a rainy day -- just in case that happens. My biggest financial fear is losing one of my higher paying freelance writing gigs. How would I replace it? As a result, we try to live on 2/3 of what I make, and save what we can for a rainy day — just in case that happens.

]]> By: dollar incensehttp://almostfrugal.com/2008/08/07/what-is-your-biggest-financial-fear/#comment-986 dollar incense Thu, 07 Aug 2008 19:53:45 +0000 http://almostfrugal.com/?p=774#comment-986 Thanks for posting this. It made me really reflect on my own feelings and write a short blog entry of my own. Cheers! dollar incense's last blog post..<a href="http://dollarincense.blogspot.com/2008/08/courage-to-become-fearless.html" rel="nofollow">The Courage to become Fearless</a> Thanks for posting this. It made me really reflect on my own feelings and write a short blog entry of my own.

Cheers!

dollar incense’s last blog post..The Courage to become Fearless

]]> By: Frugal Trencheshttp://almostfrugal.com/2008/08/07/what-is-your-biggest-financial-fear/#comment-982 Frugal Trenches Thu, 07 Aug 2008 18:37:07 +0000 http://almostfrugal.com/?p=774#comment-982 Hands down for me is loss of job! As a single with of course only 1 income I honestly don't know what I'd do! This fear is a good fear for keeping me focused on my goals AND also because it happens to people every single day so I need to be realistic. I've never lost a job yet but right now the market isn't great! Frugal Trenches's last blog post..<a href="http://notesfromthefrugaltrenches.com/2008/08/07/catching-up/" rel="nofollow">Catching Up!</a> Hands down for me is loss of job! As a single with of course only 1 income I honestly don't know what I'd do! This fear is a good fear for keeping me focused on my goals AND also because it happens to people every single day so I need to be realistic. I've never lost a job yet but right now the market isn't great!

Frugal Trenches's last blog post..Catching Up!

]]> By: Crystalhttp://almostfrugal.com/2008/08/07/what-is-your-biggest-financial-fear/#comment-984 Crystal Thu, 07 Aug 2008 17:34:08 +0000 http://almostfrugal.com/?p=774#comment-984 My fear is not adequately handling the debt while my husband has his current salary and being in a situation where he takes a significant pay-cut before I've taken the ravenous credit card debt out of our budget. His job is slated to move out of state come spring and while I deeply appreciate their offer to transfer him I have extremely close family ties in this state and would rather move back to my mom's couch than move across the country. Though as gas and food prices skyrocket I feel like we're already taking a steadily increasing pay-cut and the end of my revolving debt becomes like the horizon; a point so real I can see it, but no matter how hard I try to catch up it always recedes as fast as I approach. Sadly I've given up my daydreams of having "extra" money once the debt was paid off and am now just concerned with removing the debt before our lifestyle has to take anymore trimming. On a positive note at least I have a good mortgage. You can't rent a one-bedroom in a roach infested slum for less than I pay for my great big four and two. I think I could work part-time retail and still make the mortgage payment even if my husband has a lengthy unemployment. Besides, we don't really need all these fancy utilities. Electricity is for sissies. Wait, electricity connects me to the internet. I have got to pay off that debt. My fear is not adequately handling the debt while my husband has his current salary and being in a situation where he takes a significant pay-cut before I’ve taken the ravenous credit card debt out of our budget.

His job is slated to move out of state come spring and while I deeply appreciate their offer to transfer him I have extremely close family ties in this state and would rather move back to my mom’s couch than move across the country. Though as gas and food prices skyrocket I feel like we’re already taking a steadily increasing pay-cut and the end of my revolving debt becomes like the horizon; a point so real I can see it, but no matter how hard I try to catch up it always recedes as fast as I approach.

Sadly I’ve given up my daydreams of having “extra” money once the debt was paid off and am now just concerned with removing the debt before our lifestyle has to take anymore trimming. On a positive note at least I have a good mortgage. You can’t rent a one-bedroom in a roach infested slum for less than I pay for my great big four and two. I think I could work part-time retail and still make the mortgage payment even if my husband has a lengthy unemployment. Besides, we don’t really need all these fancy utilities. Electricity is for sissies. Wait, electricity connects me to the internet. I have got to pay off that debt.

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