{"id":652,"date":"2008-09-13T09:45:35","date_gmt":"2008-09-13T13:45:35","guid":{"rendered":"\/\/www.askmrcreditcard.com\/news\/?p=652"},"modified":"2008-09-13T09:45:35","modified_gmt":"2008-09-13T13:45:35","slug":"dont-care-how-i-want-it-now","status":"publish","type":"post","link":"https:\/\/www.askmrcreditcard.com\/news\/dont-care-how-i-want-it-now\/","title":{"rendered":"Don&#8217;t Care How, I Want It Now"},"content":{"rendered":"<p>Happy Weekend Everyone!<\/p>\n<p>I was visiting Get Rich Slowly this weekend, and I watched a <a href=\"http:\/\/www.getrichslowly.org\/blog\/2008\/09\/12\/the-budget-toolbox-13-tools-for-building-a-better-budget\/\">fun little video<\/a> from 1948 on thrift habits and building a budget. It really started me thinking about how fast times are changing. All around us, the world that our grandparents knew has all but disappeared. Personally, I think that&#8217;s not all bad, but there sure are some real gems of wisdom that are next up on the extinction list. <\/p>\n<p>Patience, I think would have to rank highest on this list. Today so many of us (and I regrettably include myself here) we just want things now. Save? <em>Save?<\/em> Why? I can just toss it on a credit card and get it now. See, this is where the trouble starts. Because as soon as we let that &#8220;now&#8221; impulse take over and convince us to charge too much we are committing to two things:<\/p>\n<p><strong>1) Being In Debt<\/strong><br \/>\n<strong>2) Letting compound interest work for someone else, instead of us.<\/strong> That&#8217;s the same as having our money work for someone else, instead of us. Time is on their side now, not ours.<\/p>\n<p>The true secret to credit cards is that they <a href=\"\/\/www.askmrcreditcard.com\/news\/credit-cards-are-excellent-financial-tools\/\">benefit you tremendously<\/a> if you pay them off each month, and they benefit Visa, MasterCard, Discover, and American Express tremendously if you do not.<\/p>\n<p>So how do we beat the &#8220;Now Monster?&#8221; Well, if I had that answer&#8230;. \ud83d\ude42 What I can do though, is include a fun little visual representation. The next time I am tempted to put something on my credit card that I can&#8217;t pay off at the end of the month, I am going to focus on this instead:<br \/>\n<center><object width=\"425\" height=\"344\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/Hl_MwrWrkdk&#038;hl=en&#038;fs=1\"><\/param><param name=\"allowFullScreen\" value=\"true\"><\/param><embed src=\"http:\/\/www.youtube.com\/v\/Hl_MwrWrkdk&#038;hl=en&#038;fs=1\" type=\"application\/x-shockwave-flash\" allowfullscreen=\"true\" width=\"425\" height=\"344\"><\/embed><\/object><\/center><\/p>\n<p>One of my very favorite quotes goes something along the lines of &#8220;<strong>The secret to happiness is wanting what you have<\/strong>.&#8221; <\/p>\n<p>In honor of that, here are some fresh new articles from around the blog-o-sphere. They each, in their own way, caused me to think about what is really &#8220;enough.&#8221; I do hope that you will enjoy them as much as I did.<br \/>\n<br \/><\/br><br \/>\n<font size=\"4\"><strong>When Is Enough &#8220;Enough?&#8221;<\/strong><\/font><br \/>\n<br \/><\/br><\/p>\n<ul>\n<li><strong>Give Me Back My Five Bucks<\/strong> has an essay on <a href=\"http:\/\/krystalatwork.blogspot.com\/2008\/09\/finding-that-perfect-balance.html\">finding the right balance<\/a> between spending and saving. It&#8217;s so easy to get into that pendulum mentality &#8211; swinging back and forth between too much and not enough. It&#8217;s a lot harder to find that balance on the tightrope to success &#8211; but Krystal seems to be doing very well!<\/li>\n<p><\/br><\/p>\n<li><strong>The Digerati Life<\/strong> has the lowdown on insurance in &#8220;<a href=\"http:\/\/www.thedigeratilife.com\/blog\/index.php\/2008\/09\/12\/get-the-right-coverage-insurance-policies-you-need-and-those-to-avoid\/\">Get The Right Coverage! Insurance Policies You Need and Those To Avoid<\/a>&#8221; Insurance is an important part of maintaining financial balance. Buy too much, or the wrong type, and it drains your wallet. Forgo it at your own risk. Which types do you think are worthwhile?  <\/li>\n<p><\/br><\/p>\n<li><a href=\"http:\/\/frugalforlife.com\/inspiring-quotes-for-you-and-me\/\"><strong>Frugal For Life<\/strong><\/a> had another little quote that I really enjoyed:<br \/>\n<blockquote><p>It is not the man who has too little, but the man who craves more, that is poor.<br \/>\nSeneca the Younger<br \/>\nAdvisor to Emperor Nero (4 BC &#8211; AD 65)<\/p><\/blockquote>\n<\/li>\n<p><\/br><\/p>\n<li><strong>Connie Prater at Credit Cards.com<\/strong> wonders if <a href=\"http:\/\/blogs.creditcards.com\/2008\/09\/monopoly-money-credit-cards.php\">using credit cards is like playing with Monopoly money<\/a>? (I get to be the boot!) She makes some very valid points about how easy it is to swipe that card and blow the budget. I think that the more adept you get at paying that balance in full each month, the less this becomes a problem. But it certainly is the grey area between managing your money and letting your money manage you.<\/li>\n<\/ul>\n<p><\/br><br \/><\/br><br \/>\n<font size=\"4\"><strong>The Future&#8217;s So Bright I Gotta Wear&#8230;Night Vision Goggles??<\/strong><\/font><br \/><\/br><br \/>\n<img align=\"right\" src=\"\/\/www.askmrcreditcard.com\/news\/wp-content\/uploads\/whatisenough.bmp\" alt=\"\" title=\"whatisenough\" class=\"alignnone size-full wp-image-653\" \/><\/p>\n<ul>\n<li>My good friend Dave Taylor at <strong>Real Life Debt<\/strong> has a series of excellent posts on <a href=\"http:\/\/www.reallifedebt.com\/teaching-kids-some-cents-part-1-8384.html\">Teaching Your Kids Some Cents<\/a>. My favorite quote from the series was<br \/>\n<blockquote><p>\nThere is only one difference between the rich and the poor. <\/p>\n<p>Walk into a trailer and then a mansion back to back and that one difference will be readily apparent. <\/p>\n<p>The poor  stuff, but the rich only  things which serve a purpose.\u009d<\/p><\/blockquote>\n<p> I thought this was a really smart perspective on the difference between excellent spending habits and poor money management. Dave has a five part series going on, and it&#8217;s definitely <a href=\"http:\/\/www.reallifedebt.com\/teaching-kids-some-cents-part-1-8384.html\">worth a look<\/a>.<\/li>\n<p><\/br><\/p>\n<li><strong>Wealth and Wisdom<\/strong> wonders, &#8220;<a href=\"http:\/\/blog.wealth-and-wisdom.com\/2008\/09\/02\/luck-has-little-to-do-with-chance\/\">What&#8217;s Luck Got To Do With It?<\/a>&#8221; (Say <em>that<\/em> five times fast!) Brandt at W&#038;W takes full credit for his well-adjusted children, and his success in sales. Luck, he says, is not the same thing as chance &#8211; and there is a lot we can do to influence our own &#8220;luck&#8221;.<\/li>\n<p><\/br><\/p>\n<li><strong>Trent at The Simple Dollar<\/strong> is <a href=\"http:\/\/www.thesimpledollar.com\/2008\/09\/12\/rethinking-retirement\/\">rethinking retirement<\/a>. While he is rethinking how he defines retirement (for him it&#8217;s more of a working retirement) he is not going to change the amount of money he&#8217;s putting away. That&#8217;s a pretty wise choice since none of us really knows what the future holds.<\/li>\n<p><\/br><\/p>\n<li><strong>MiB Money<\/strong> is systematically debunking the <a href=\"http:\/\/myinvestingblog.com\/2008\/09\/12\/debunking-the-25-most-outrageous-money-myths-3-of-4\/\">25 most outrageous money myths<\/a>. This is a serious must read. I&#8217;ll bet you find at least one of the twenty-five that you didn&#8217;t know about! Assimilate the knowledge, go forward empowered.<\/li>\n<\/ul>\n<p><\/br><br \/>\n<font size=\"4\" ><strong>Carnivals, Festivals and Celebrations:<\/strong><\/font><\/p>\n<p>Thanks to these carnivals who featured our posts this week:<\/p>\n<ul>\n<li><strong>Finance Fiesta #15<\/strong>~The Patriot Day Edition at <a href=\"http:\/\/questtobedebtfree.com\/finance-fiesta-15the-patriot-day-edition\/\">Quest To Be Debt Free<\/a><\/li>\n<li><strong>Money Hacks Carnival #29<\/strong>: Food Heaven at <a href=\"http:\/\/www.livingalmostlarge.com\/2008\/09\/10\/money-hacks-carnival-29\/\">Living Almost Large<\/a><\/li>\n<li><strong>The Carnival of Money Stories<\/strong> at <a href=\"http:\/\/thecopyeditorsdesk.com\/2008\/09\/09\/the-carnival-of-money-stories\/\">The Copyeditor&#8217;s Desk<\/a><\/li>\n<li><strong>Welcome to a windy and rainy<\/strong> <a href=\"http:\/\/www.carnivalofdebtreduction.com\/2008\/09\/08\/welcome-to-a-windy-and-rainy-carnival-of-debt-reduction\/\">Carnival of Debt Reduction<\/a><\/li>\n<\/ul>\n<p><\/br><br \/>\nThat&#8217;s it for today. Sincerely wishing you <em>enough<\/em>.<br \/>\n<br \/><\/br><br \/>\n<strong><br \/>\nDid you like this post? You can get our future articles for free! (<a href=\"http:\/\/feeds.feedburner.com\/AskMrCreditCardsBlog\/\">Click Here<\/a>)<\/strong><br \/>\n<strong><br \/>\nKeep Reading:<\/strong><\/p>\n<ul>\n<li><a href=\"\/\/www.askmrcreditcard.com\/news\/how-can-i-get-my-capital-one-cash-back-automatically\/\">How can I get my Capital One cash back automatically?<\/a><\/li>\n<li><a href=\"\/\/www.askmrcreditcard.com\/news\/in-case-of-identity-theft-check-your-criminal-records\/\">In Case of Identity Theft, Check Your Criminal Records<\/a><\/li>\n<li><a href=\"\/\/www.askmrcreditcard.com\/news\/the-economics-of-reward-cards\/\">The Economics of Reward Cards<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Happy Weekend Everyone! I was visiting Get Rich Slowly this weekend, and I watched a fun little video from 1948 on thrift habits and building a budget. It really started me thinking about how fast times are changing. All around us, the world that our grandparents knew has all but disappeared. Personally, I think that&#8217;s [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[169],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Don&#039;t Care How, I Want It Now<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.askmrcreditcard.com\/news\/dont-care-how-i-want-it-now\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Don&#039;t Care How, I Want It Now\" \/>\n<meta property=\"og:description\" content=\"Happy Weekend Everyone! I was visiting Get Rich Slowly this weekend, and I watched a fun little video from 1948 on thrift habits and building a budget. It really started me thinking about how fast times are changing. All around us, the world that our grandparents knew has all but disappeared. Personally, I think that&#8217;s [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.askmrcreditcard.com\/news\/dont-care-how-i-want-it-now\/\" \/>\n<meta property=\"og:site_name\" content=\"Ask Mr Credit Card Blog\" \/>\n<meta property=\"article:published_time\" content=\"2008-09-13T13:45:35+00:00\" \/>\n<meta name=\"author\" content=\"Christina\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christina\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/dont-care-how-i-want-it-now\/\",\"url\":\"https:\/\/www.askmrcreditcard.com\/news\/dont-care-how-i-want-it-now\/\",\"name\":\"Don't Care How, I Want It Now\",\"isPartOf\":{\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/#website\"},\"datePublished\":\"2008-09-13T13:45:35+00:00\",\"dateModified\":\"2008-09-13T13:45:35+00:00\",\"author\":{\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/#\/schema\/person\/5ca5f29104921f3a0a9ab7578fb8d9df\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/dont-care-how-i-want-it-now\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.askmrcreditcard.com\/news\/dont-care-how-i-want-it-now\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/dont-care-how-i-want-it-now\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.askmrcreditcard.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Don&#8217;t Care How, I Want It Now\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/#website\",\"url\":\"https:\/\/www.askmrcreditcard.com\/news\/\",\"name\":\"Ask Mr Credit Card Blog\",\"description\":\"Just another WordPress site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.askmrcreditcard.com\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/#\/schema\/person\/5ca5f29104921f3a0a9ab7578fb8d9df\",\"name\":\"Christina\",\"url\":\"https:\/\/www.askmrcreditcard.com\/news\/author\/christinam\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Don't Care How, I Want It Now","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.askmrcreditcard.com\/news\/dont-care-how-i-want-it-now\/","og_locale":"en_US","og_type":"article","og_title":"Don't Care How, I Want It Now","og_description":"Happy Weekend Everyone! I was visiting Get Rich Slowly this weekend, and I watched a fun little video from 1948 on thrift habits and building a budget. It really started me thinking about how fast times are changing. All around us, the world that our grandparents knew has all but disappeared. 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