Hard Truth and Money Fatigue?
Periodically I have to remind myself that speaking or hearing “hard truth” about the world of personal finance can wear on you. Sometimes a reader does it for me by unsubscribing to my blog. (I receive a notice when an email subscription is cancelled.) I guess you could say that is the “hard truth” about always trying to speak the hard truth.
Yet I will continue because although not everyone wants or needs to hear the harsh reality of their money life constantly, it can’t hurt and probably will help to get a dose of it now and then. So if you reach a point of hard truth fatigue, I understand. But don’t tune it out forever. I suspect you will miss it. I know it will miss you.
There are many other personal finance bloggers out there, some who like the happy talk and others who speak their own versions of the hard truth. I read a lot of both. Here are a few things I read this week that I thought you might be interested in. (But be prepared for more hard truth!)
Peter at Bible Money Matters tells a very interesting story about his recent efforts to refinance his mortgage. He definitely encountered some hard truth in that experience.
A guest blogger at Digerati Life reminds us how easy it is to lose at being an active stock trader. I don’t know anyone who does consistently well at active trading except the stock brokers who earn commissions.
Andrea at Fools and Sages takes us through a very personal analysis of how and why children should receive allowances. Having raised three sons of our own, we understand that this issue is a lot more important than you might think. Tremendous teaching opportunities abound in the way you treat the whole allowance thing.
Frugal Dad got my attention (and a head nod) by acknowledging that frugal people tend to focus too much on the expense side of life. I have said many times that I am not a frugalist but rather a strategic spender with a purpose.
So please keep reading about your money – here, there, anywhere. We all need that extra education, don’t we?