Comments on: The Time Value of Money – A Love Hate Relationship

By: Belmont Thornton

Belmont Thornton — Thu, 24 Jun 2010 13:54:29 +0000

Nice post! People really love spending money but again it depends on certain factors, we usually enjoy spending money on ourselves but hate spending it on others. I guess that’s what we call human nature.

By: Darren

Darren — Thu, 27 May 2010 19:57:15 +0000

Personally, I love the power of the time value of money. And yes, I think I am being more conscious of this future value when spending my dollars.

If you’re in the workforce, the time value of money could be the force that helps you get out of the rat race sooner.

Sam, what if you like spending your money on investments, and you receive utility and joy knowing that your money is growing?
Darren´s last blog ..Working Overtime – A Blessing Or A Curse?

By: Aury (Thunderdrake)

Aury (Thunderdrake) — Thu, 27 May 2010 17:30:06 +0000

Keeping congruent with the value of money is a difficult thing. On the one hand I love talking about it. On the other hand I can see how inherently corruptible such a trading medium is.

Incidentally, I think I’m going to buy myself a pack of skittles now.
Aury (Thunderdrake)´s last blog ..Hoarding Dragon Basics – The Stock Market

By: MyFinancialObjectives

MyFinancialObjectives — Wed, 26 May 2010 21:04:34 +0000

Wow Sam has an interesting point, though I would still save like there were MANY tomorrows!

I love the power of compounding interest. I am looking forward to the day when I make more in a year from that than I do from contributions!
MyFinancialObjectives´s last blog ..XML Sitemap Upgrade, RSS Corrected, Permalinks Fixed, Link Rally!

By: Financial Samurai

Financial Samurai — Wed, 26 May 2010 07:02:55 +0000

Ryan – I actually think about money in a totally different way. Given you are in your 20′s and aren’t at your peak earnings potential, I’d spend ALL your money on things you need and want. A dollar to you now provides way more utility than when you’re making $100,000/year, for example.

It’s also much easier to save money when you’re making more. Enjoy life now! Just don’t forget to save once the money starts rolling in!

Best,

Sam
Financial Samurai´s last blog ..The Katana: 200th Post And A Thank You To All Readers!

By: Kristine

Kristine — Tue, 25 May 2010 21:33:07 +0000

It’s the opportunity cost that we’re considering. It’s the money that is lost due to one financial decision (buying Skittles) as opposed to a different decision (investing the money).

I would buy the Skittles. That’s me. If I’m feeling for Skittles, that’s what I’m getting. It’s the battle of utilization vs. accumulation of money.

By: LenciB: Falling Into favor

LenciB: Falling Into favor — Tue, 25 May 2010 18:14:34 +0000

LOL!!!!!!: Search Engine Viking’s comment is the same way that I feel:
I’ve got a love-hate relationship with money: I love spending it, and it hates to stick around…
LenciB: Falling Into favor´s last blog ..Laminin

By: Summer

Summer — Tue, 25 May 2010 15:57:16 +0000

I try to save a little every month and put it away. When I see skittles I do get hungry though!

By: Everyday Tips

Everyday Tips — Tue, 25 May 2010 13:42:01 +0000

When I see a bag of skittles, I think “I like skittles”.

I have a certain amount of money I want to save each year. The rest is free to be spent. Now, that doesn’t mean I am like the government and think ‘well I have 5 extra thousand this year, I am going to just blow it on something useless’. But, with the plan I have for our family, we should be able to retire with a certain amount of money (unless the market completely collapses) and have some enjoyment along the way. I do not think of it as such a micro level like Warren Buffett does. However, that is probably why I am not wildly rich either.
Everyday Tips´s last blog ..Money Saving Tips #4: Spend Now to Save Later

By: Tweets that mention Time Value of Money - A Love Hate Relationship -- Topsy.com

Tweets that mention Time Value of Money - A Love Hate Relationship -- Topsy.com — Tue, 25 May 2010 06:32:36 +0000

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