Comments on: Use Windfall Gains To Strengthen Your Finances http://www.avani-mehta.com/2009/04/14/use-windfall-gains-to-strengthen-your-finances/ Food For Mind Sat, 28 Jan 2012 15:47:30 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Joshua http://www.avani-mehta.com/2009/04/14/use-windfall-gains-to-strengthen-your-finances/#comment-104528 Joshua Fri, 22 Jul 2011 07:44:54 +0000 http://www.avani-mehta.com/?p=729#comment-104528 I have heard and witnessed some incidences where people misuse windfall gains. Instead of them improving their lives using it they become more poorer and some become depressed or even commit suicide especially if the amount was more than a million. The strategy is to buy an asset. I will buy a house which I will be receiving rent. I have heard and witnessed some incidences where people misuse windfall gains. Instead of them improving their lives using it they become more poorer and some become depressed or even commit suicide especially if the amount was more than a million.

The strategy is to buy an asset. I will buy a house which I will be receiving rent.
Joshua´s awesome post ..Why Flip Domain Names And Turnkey Websites

]]> By: Avani-Mehta http://www.avani-mehta.com/2009/04/14/use-windfall-gains-to-strengthen-your-finances/#comment-4817 Avani-Mehta Fri, 17 Apr 2009 14:40:17 +0000 http://www.avani-mehta.com/?p=729#comment-4817 @JD: Yes, immediate positive feedback can be a great motivator. My concern is that way we end up paying some more. Is there anyway to combine benefits of both? That is, to pay off high interest ones first and yet, get instant positive feedback to stay motivated and on track. @JD: Yes, immediate positive feedback can be a great motivator. My concern is that way we end up paying some more. Is there anyway to combine benefits of both? That is, to pay off high interest ones first and yet, get instant positive feedback to stay motivated and on track.

]]> By: Avani-Mehta http://www.avani-mehta.com/2009/04/14/use-windfall-gains-to-strengthen-your-finances/#comment-4816 Avani-Mehta Fri, 17 Apr 2009 14:38:49 +0000 http://www.avani-mehta.com/?p=729#comment-4816 @Miguel: Envelop / Metal box ... any kind of container is fine. Keeping some cash handy for home deliveries is good. @Miguel: Envelop / Metal box … any kind of container is fine. Keeping some cash handy for home deliveries is good.

]]> By: Miguel de Luis http://www.avani-mehta.com/2009/04/14/use-windfall-gains-to-strengthen-your-finances/#comment-4718 Miguel de Luis Wed, 15 Apr 2009 13:50:38 +0000 http://www.avani-mehta.com/?p=729#comment-4718 I don't use an envelop, I'm using a metal box, but with no purpose on it, it's just for the odd chance where I might need a little money at home to pay some home deliveries. I don’t use an envelop, I’m using a metal box, but with no purpose on it, it’s just for the odd chance where I might need a little money at home to pay some home deliveries.

]]> By: J.D. Meier http://www.avani-mehta.com/2009/04/14/use-windfall-gains-to-strengthen-your-finances/#comment-4692 J.D. Meier Wed, 15 Apr 2009 02:14:13 +0000 http://www.avani-mehta.com/?p=729#comment-4692 I really like the snowball approach to pay off debt and I've used it before. I think the immediate feedback of reducing pain is a good thing. <abbr><em>J.D. Meier´s last blog post..<a href="http://feedproxy.google.com/~r/SourcesOfInsight/~3/YH9wxO8FE6w/" rel="nofollow">Bloom’s Taxonomy for Learning</a></abbr></em> I really like the snowball approach to pay off debt and I’ve used it before. I think the immediate feedback of reducing pain is a good thing.

J.D. Meier´s last blog post..Bloom’s Taxonomy for Learning

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