We enjoyed doing the “Better Know A Blogger” series, and we hope you enjoyed reading it. After meeting many of the people we interviewed at the Financial Blogger Conference last week, we can say that they are as friendly and thoughtful in person as they are in writing. Here is a roundup of all the interviews we did, featuring a short excerpt from each one. To read the full interviews, just click on the individual links below!
Philip from PT Money: “One lesson I learned was that the temptation will always be there. I’ve watch loan interest rates hit rock bottom over the last 5 years. It’s easy to get into debt if you have the credit score. Keep resisting. It’s just not worth it in the long run. Delay gratification and wait till you have the money to pay for it outright.”
Liz Weston: “The sweetest incident was in Las Vegas, when a gentleman wanted me to know my columns ‘saved’ his marriage and said I was invited to his house for dinner anytime! That was really nice. Of course, he and his wife did the work, but if I helped them along the way, that’s awesome.”
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Mr. Money Mustache: “After I cleared the debris from my face, I could see the lightning strike had formed this amazing logo made of polished granite, and it said – you guessed it – MR. MONEY MUSTACHE. At that point, I knew I would have to start a blog immediately, and that would be the name.”
Elle from Couple Money: “I think it’s a huge boost when you and your spouse are on the same page. That doesn’t necessarily mean you have the same methods, but it’s vital for you to have an agreement about your family goals. Play to your strengths is something I’d advise.”
Andrea from So Over This: “In order to stop using credit cards, one has to find an alternate way to deal with emergencies. I started very slowly by adding $20 to a savings account each pay period, then gradually increasing that amount. The funny thing is that I really didn’t want to spend that money once I saved it, and most of the ‘emergencies’ I would have charged in the past ended up not being so important after all.”
Jeff from Sustainable Life Blog: “One other thing is to realize how much you’re actually borrowing if you do take out student loans. When I was in my 2nd year of undergrad, I took out a loan for 5500 dollars – I had no idea how long it would take me to earn that much money to pay back, not including interest, etc over the life of the loan.”
LaTisha from Young Adult Finances: “I personally focus on making more money. Mostly because I feel that I am not at my highest earning potential. I consider saving money to be efficient and making more money to be effective. Just like any business, you cannot be the best at both efficiency and effectiveness, so you have to pick one.”
Brad from Enemy of Debt: “Getting out of debt is all about your behaviors and when you’re willing to address those behaviors that’s when your life will change and before you know it you’ll be debt free and wondering what took you so long to wake up and make it happen.”
Dave from Debt Black Hole: “Many Geeks spend their money and time differently than most people. While retirement, investing and other personal finance subjects are things most Geeks know are important, they’re not the center of our universe.”
Sean from One Smart Dollar: “My parents received the Wall Street Journal when I was growing up and I would read through it. I believe that was where I got my love for finance. From day one of college I knew that business was the route I was going to take.”
Paula from Afford Anything: “I used to be the Queen of Frugal. I price-compared toothpaste, I scrutinized bills down to the penny, I called companies to complain about a $1.50 overcharge. It was an enormous waste of time.”
Jana from Daily Money Shot: “My best advice isn’t really mine. It’s Dory’s; the fish from Finding Nemo. Throughout the movie, she repeats the line ‘Just keep swimming.’ And if someone is in the middle of paying off debt, that’s what she needs to do. Just keep swimming.”
Bob from Christian PF: “ I decided that I was going to make big sacrifices in order to get out of debt quicker, knowing that they were only temporary. This is what most people forget when they are making sacrifices like selling a car, or eliminating fun money, etc.”
Ben from Money Smart Life: “I think defining worth really boils down to what your priorities are in life. That is why your friends and family can have such a big impact on your financial situation. Their priorities tend to become your priorities as well.”
Michelle from See Debt Run: “Having friends over for boxed wine and popcorn can be just as enjoyable as going out for sushi and cocktails. I think sharing our finances in such a public forum has been therapeutic and freeing in a lot of ways.”
Khaleef from Fat Guy Skinny Wallet: “I didn’t realize how much similarity there is between the two until I started writing and talking to people about fitness and weight loss. I immediately noticed that a lot of the concepts that I have been implementing into my health have parallels in personal finance as well.”
Miranda from Planting Money Seeds: “I think the idea that investing is complicated is one of the biggest misconceptions. We think that you have to have a “system” or be good at stock picking, or know how to work with the “right” broker. Investing doesn’t have to be that complicated, though.”
Carrie from Careful Cents: “I think I would’ve had some success, but it would’ve taken a lot longer to become debt free. Instead of getting it done within a year, it probably would have taken twice that long. Putting the numbers out there, for everyone reading my blog to see, was a huge motivator.”
Gyutae from Money Crashers: “They don’t really teach this stuff in schools, so we wanted to create a community and a resource where people can come to learn. The site has evolved quite a bit since then and we now have a number of different contributors writing on various topics ranging from investing and retirement to couponing, frugal living, and going green.”
Thanks again to all who participated!