Comments on: 6 Remedies For a Debt Hangover

By: Friday Food for Thought: 10 Signs You Are a Bad Parent | Balance Junkie

Friday Food for Thought: 10 Signs You Are a Bad Parent | Balance Junkie — Sat, 29 May 2010 13:34:03 +0000

[...] I’ve compared the noise from the media to empty calories. I’ve compared debt to an alcohol hangover. I’ve written about how good financial habits are like eating your [...]

By: 2 Cents

2 Cents — Thu, 11 Mar 2010 01:41:42 +0000

Thanks very much! I appreciate you taking the time to comment.

By: Tammy Mattheis

Tammy Mattheis — Wed, 10 Mar 2010 22:47:04 +0000

Pretty interesting post – raises some interesting points for debate. I just stumbled upon your blog this morning and wanted to say that I have really liked browsing some of the posts. Anyways, I’ll be subscribing to your feed and I hope to read more very soon!

By: Money Hacks Carnival #100! | Ultimate Money Blog- Save Green and Live Green!

Wed, 20 Jan 2010 09:08:58 +0000

[...] Cents presents 6 Remedies For a Debt Hangover posted at Balance [...]

By: Your Budget: 5 Factors That Will Determine What It Looks Like | Balance Junkie

Mon, 18 Jan 2010 12:26:39 +0000

[...] Credit as a Crutch: If credit cards are your emergency fund and you are in the habit of tapping them regularly for wants rather than needs, your balance sheet won’t balance and your budget will increasingly incorporate debt service expenses rather than savings. This is a very risky spot to be in. If you find that you cannot resist whipping out the plastic every time you hear the siren call of the mall, leave the plastic at home and do some window shopping. Or stay out of the mall. For more tips, check out 6 Remedies for a Debt Hangover. [...]

By: Our 2010 Financial Plan | Balance Junkie

Our 2010 Financial Plan | Balance Junkie — Mon, 11 Jan 2010 14:37:00 +0000

[...] Many thanks to Emily Starbuck Gerson for including my post on 6 Remedies for a Debt Hangover in her list of favourite posts from last week. There are some other good ones there as well. Plus, [...]

By: Home Finance Tip Blog » Emily’s list: Happy 75th birthday, Elvis Presley

Sat, 09 Jan 2010 10:16:37 +0000

[...] your finances “All Shook Up” after an expensive holiday season? Balance Junkie offers six tips to cure your debt hangover, and some tips for curing regular hangovers, as [...]

By: 2 Cents

2 Cents — Tue, 05 Jan 2010 18:24:40 +0000

I like your “controlled trickle” idea. Cold turkey rarely works with deeply embedded habits. Thanks!

By: Wojciech Kulicki

Wojciech Kulicki — Tue, 05 Jan 2010 18:13:16 +0000

As to #6, I think there is more there than there appears to be.

For example, if we cut out all entertainment and fun spending from the budget, we may shoot ourselves in the foot with a psychological backlash, where we simply end up “binging” after a “dry” period. Weight-loss pursuers deal with this all of the time.

So in response to your comments about Hair of the Dog, perhaps a controlled “trickle” of what got you there in the first place (of course, on debit this time, not credit cards) might be beneficial.

Great post, and a really good (and funny) comparison.