Comments for MoneyPlanSOS

Comment on CreditCard.com article: 10 places you shouldn’t use your Debit card by Alex Humphrey

Alex Humphrey — Tue, 21 Feb 2012 21:46:00 +0000

Numbers 8 and 10 are especially ridiculous. As you pointed out, number 10 is true for debit AND credit cards.

And as for number 8, that isn’t an argument, it’s fear mongering!

Do you want your debit card information “to sit in a system for four months, waiting for you to arrive?”

What a ridiculous statement. As if A) the information is just sitting at the front desk for anyone to swipe and B) the information disappears as soon as you use it. It’s a dumb argument used to make this list into 10 items instead of 8 or 9.

Number 7 really gets me riled up because people don’t check their credit statement. One of the easiest ways to steal money is to take 5-20 dollars off the card every month. Since most people don’t give their cc statements more than a passing glance it means these charges can go unnoticed for months or even years!

But debit cards? Most people check their account pretty regularly and tend to notice when money is suddenly disappearing.

Comment on sos031-House Poor Are You by Bad Market or Housing Trifecta? 3 reasons this is a GREAT time to buy!

Bad Market or Housing Trifecta? 3 reasons this is a GREAT time to buy! — Tue, 21 Feb 2012 13:53:29 +0000

[...] Run some numbers to see how much you can afford. Dinkytown.com has some awesome mortgage calculators. Just remember to add insurance and taxes to the normal mortgage figure (principal an interest). You do NOT want to become house poor. [...]

Comment on sos050 Who cares what Dave Ramsey Says by Treva

Treva — Tue, 21 Feb 2012 07:03:36 +0000

Yes, you can balance your checkbook in the Crown Money Maps software.

Comment on sos050 Who cares what Dave Ramsey Says by Steve Stewart

Steve Stewart — Mon, 20 Feb 2012 11:58:10 +0000

So no balancing-the-checkbook feature in the Crown software?

Comment on sos050 Who cares what Dave Ramsey Says by Treva

Treva — Mon, 20 Feb 2012 04:02:53 +0000

Steve, the Crown Money Maps Financial Software isn’t free but to us it has been well worth the investment, $60 I think. Back when we were deep in debt we used Quicken to document our finances and balance our checkbook but it did nothing to change our irresponsible money habits. The Money Maps Software forces you to create a zero based budget and allocate every dollar of every check to a virtual envelope. It also incorporates a lot of extras like bill pay reminders. We credit this software and Dave Ramsey for 6 years of debt free living.

Comment on sos050 Who cares what Dave Ramsey Says by Steve Stewart

Steve Stewart — Sun, 19 Feb 2012 20:49:38 +0000

I didn’t know the Crown Money Map had the functionality to balance your checkbook, I’ll have to look into that. I love Mvelopes as an electronic envelope system, when did it become a free service?

Comment on Millionaire Odds – 1 in 1 by Janine

Janine — Sun, 19 Feb 2012 15:44:23 +0000

Absolutely LOVE this post!!!! So inspiring that vein evoking a millionaire is THAT EASY. I would love to see the excel spread sheets for this. Do you still have them?

Great blog!

Comment on sos050 Who cares what Dave Ramsey Says by Treva

Treva — Sun, 19 Feb 2012 10:38:30 +0000

We use Crown Money Maps software. It is based around a virtual envelope system. This software has been a key ingredient to our learning to budget and live debt free.

Comment on sos049 Recommended Percentages by Steve Stewart

Steve Stewart — Sat, 11 Feb 2012 23:57:00 +0000

Thanks Jared! This is the perfect place to leave feedback (good or bad). I’m sure to see it as well as anyone else visiting the posts.

I was shocked that you listened to the episode within the first 12 hours of release! That’s awesome! Because you are such a dedicated listener I will try to rant a bit more often (just don’t get me started on the “build your credit crap”, I’ll really make some people mad).

Thanks again!

Comment on sos049 Recommended Percentages by Jared Buckley

Jared Buckley — Thu, 09 Feb 2012 10:42:32 +0000

You wanted some feedback and I could not until now figure out how to make it beneficial to you. I like listening because I want personal finance information but I just think it comes off a bit boring. However, you sounded completely different in this Holla from the Impala. Your voice was different, it sounded like you. It was more natural and passionate and way more entertaining to listen to. It had nothing to do with what you were saying, it just sounded way better. So maybe rant more. It has to be entertaining and it was. But I have still been listening to you every week on stitcher for at least 6 months now. Thanks so much for doing it!

Comment on sos041 They Need Our Eyeballs by sos048 Invest Like Spock. 3

sos048 Invest Like Spock. 3 — Fri, 03 Feb 2012 23:22:25 +0000

[...] media is trying to get your eyeballs. If it bleeds it leads. The weather isn’t mostly sunny, it’s partly cloudy with a [...]

Comment on sos047 Who Do You Work For by Steve MoneyPlanSOS Stewart

Steve MoneyPlanSOS Stewart — Mon, 30 Jan 2012 19:31:46 +0000

Thanks Jon. Hey, I see you signed up for the, uhhhhh (what should I call it…?) – newsletter? It won’t be a newsletter but it will include some content you don’t get in the podcast (or you will get it before it’s ever discussed in a podcast).

Comment on sos047 Who Do You Work For by Jon White

Jon White — Mon, 30 Jan 2012 15:43:55 +0000

Steve I really this show’s topic. When I was in college and making $8 an hour I would always ask myself “how many hours do I need to work to make this purchase.” This was before I was budgeting and it made me think before I made a purchase on how much time I would have to put in to buy something. I can definitely say that by asking myself that question I saved myself from making some bad purchases!

Comment on It is Godly to have some money by Jackie Walters

Jackie Walters — Sun, 29 Jan 2012 21:20:47 +0000

Steve – great post. Dave Ramsey spoke of this on one of his podcast’s last week. Just a great reminder that none of this is ours. We are only to manage what God has given us for the good of our household and others.

Jackie

Comment on 005 MPSOS – The Absolute Simplest Budget That Works by A Great Budget Calculator

A Great Budget Calculator — Thu, 26 Jan 2012 15:47:09 +0000

[...] For more details on how to complete this budget, including steps you can take to prepare to complete a budget with your spouse, listen to Episode #5 of the MoneyPlanSOS Podcast. [...]

Comment on 3,2,1 Budget in less than 2 minutes by A Great Budget Calculator

A Great Budget Calculator — Thu, 26 Jan 2012 12:09:18 +0000

[...] Budget in less than 2 minutes! Posted on January 25, 2012 by [...]

Comment on 3,2,1 Budget in less than 2 minutes by Steve Stewart

Steve Stewart — Thu, 26 Jan 2012 00:59:20 +0000

Thanks for sharing the “wealth” by putting it on your resources page Jack! Yes, we will have to do lunch again someday.

Comment on 3,2,1 Budget in less than 2 minutes by Jack Orman

Jack Orman — Wed, 25 Jan 2012 14:32:30 +0000

Great budget calculator! I added it to my resources page. Give me a call sometime, we’ll do lunch.
Blessings!
Jack

Comment on sos046 Defending Suze Orman by Jay Gould

Jay Gould — Tue, 24 Jan 2012 00:01:06 +0000

The biggest misunderstanding about Suze Orman's prepaid card, unfortunately stoked up by Orman herself, seems to be the notion that the Approved Card, as it is called, can help its users improve their credit scores. So it's time we set the record straight: the Suze Orman's card does not affect your credit score in any way, either positive or negative. Colleen Tunney-Ryan, a spokeswoman for TransUnion, a credit bureau that has partnered with Orman to provide her card's users with access to their credit reports and scores, states it plainly: "It is important to understand that this data will not appear on any TransUnion credit report at this time." I think that should settle it. Learn more here: http://blog.unibulmerchantservices.com/suze-ormans-prepaid-card-will-not-affect-your-credit-score.

Comment on Suze Orman 4-letter word drinking game by Jackie Walters

Jackie Walters — Fri, 20 Jan 2012 21:48:26 +0000

Absolutely hilarious Steve! I’m not sure what’s worse your FICO score or the words Stand in Your Truth.

Comment on I’m working on my DEBIT SCORE by Suze Orman 4-letter word drinking game

Suze Orman 4-letter word drinking game — Fri, 20 Jan 2012 20:20:13 +0000

[...] Leading into a break she said it, she said the 4-letter word. Quote: “Up next, the 4-letter word that could save you thousands of dollars. It’s spelled F-I-C-O”. [...]

Comment on sos046 Defending Suze Orman by Suze Orman 4-letter word drinking game

Suze Orman 4-letter word drinking game — Fri, 20 Jan 2012 20:13:37 +0000

[...] MoneyPlanSOS Helping everyday Americans Pay Attention, Not Interest Skip to content HomeAboutWhat is Financial Coaching?TestimonialsDave Ramsey’s FPU @Work and Counselor TrainingFree EstimateWork With MeECredable Credit ReportingSOS LibraryDebt Free U kindle and paperbackBecome A Coach GiveAwaySpeaking and Financial WellnessFinancial Literacy Month project 2012Financial Peace University St. Charles, MO ← sos046 Defending Suze Orman [...]

Comment on Pros and Cons of Suze Orman’s Approved Card by MPSOS Podcast 46: Defending Suze Orman

MPSOS Podcast 46: Defending Suze Orman — Fri, 20 Jan 2012 13:27:58 +0000

[...] know about its features and inform their readers/subscribers. Some PF Bloggers gave their opinions, including my own, and gave our honest opinions. After some exchanges on the internet that were less than favorable, [...]

Comment on sos046 Defending Suze Orman by Steve Stewart

Steve Stewart — Fri, 20 Jan 2012 13:15:32 +0000

Sorry Tyler. I had forgotten to put the link in the website’s shownotes (I put it everywhere else, even in the lyric section of the MP3). I’ve updated the site, thanks for letting me know! I appreciate you being a listener!

Comment on sos046 Defending Suze Orman by Tyler Danke

Tyler Danke — Fri, 20 Jan 2012 13:04:17 +0000

I found it on the facebook page. Thanks. I have developed my own and really love mine but I always like seeing what other people are doing.

Comment on sos046 Defending Suze Orman by Tyler Danke

Tyler Danke — Fri, 20 Jan 2012 12:44:55 +0000

Where is the link to your excel spreadsheet?

Comment on Hypocritical Financial Coaches by MPSOS Podcast 46: Defending Suze Orman

MPSOS Podcast 46: Defending Suze Orman — Thu, 19 Jan 2012 03:32:43 +0000

[...] She could go farther in helping people eliminate debt from their lives for good and stop being a Hypocrite (blogpost I wrote in 2010), but she is helping people get headed in the right direction. I can support someone who is leading [...]

Comment on I’m working on my DEBIT SCORE by Hypocritical Financial Coaches

Hypocritical Financial Coaches — Wed, 18 Jan 2012 16:19:56 +0000

[...] to do with wealth. I suggest you read a post from a few weeks ago that included a breakdown of how FICO works. Related [...]

Comment on Pros and Cons of Suze Orman’s Approved Card by Steve MoneyPlanSOS Stewart

Steve MoneyPlanSOS Stewart — Wed, 18 Jan 2012 01:03:57 +0000

Let me make this perfectly clear (sounds like something Suze would say, doesn’t it?), I like some of the things Suze does. She does inspire people to reduce debt and pay attention. She does get people to think about personal finance that would rather be out shopping. So I wanted to look at this card objectively.
I would love to see the Credit Project come to fruition, I think TransUnion has a vested interest in creating a new product to sell. If she can pull that off then I’d be happy.
But that’s the only real benefit that may come from this celebrity endorsed product.

Comment on Pros and Cons of Suze Orman’s Approved Card by Matt @ Financial Excellence

Matt @ Financial Excellence — Tue, 17 Jan 2012 21:57:53 +0000

Awesome job breaking down a crappy product. Just because a celebrity puts their name on it and says it’s good, doesn’t mean it’s worth anything.

Comment on Pros and Cons of Suze Orman’s Approved Card by 093 Financial Excellence: Handling Business Criticism; Suze Orman’s Approved Card

Tue, 17 Jan 2012 17:47:21 +0000

[...] Stewart at Money Plan SOS wrote a great blog post about Suze Orman’s Approved Card on his blog. Rather than reinvent the wheel, I thought I would share Steve’s thoughts and add [...]

Comment on 028 MPSOS – Debt Snowball Calculator with Eric Lentz by Dave Disputes Debt Management Psychology Hurts Consumers « Dave Ramsey Fan

Dave Disputes Debt Management Psychology Hurts Consumers « Dave Ramsey Fan — Sat, 14 Jan 2012 07:07:14 +0000

[...] pay off debt, humans do. The way to pay OFF debt is to get mad, work extra, spend less, and send everything you can to debt reduction. Reduce it so much that it goes away fast! Experiencing the results of paying off a debt quickly [...]

Comment on sos045 Setting Goals Part 2 by Jon White

Jon White — Fri, 13 Jan 2012 03:46:06 +0000

Hey Steve thanks for being a part of this. I really believe that if people sit down and set goals and find out how to achieve them, there finances will go to a whole other level in 2012!

Comment on sos039 Open Enrollment – 401k or IRA by JW’s Financial Coaching Podcast-Setting your goals in 2012 Part II with guest Steve Stewart | JW's Financial Coaching-Giving you a new perspective on your money!

Thu, 12 Jan 2012 13:15:09 +0000

[...] In addition, now is the time to start saving for your retirement. Steve has done an excellent video on the importance of saving early for retirement titled “tree-tirement”. But where do we save for retirement? The two most common ways are through 401(K)’s and IRA’s [...]

Comment on Pros and Cons of Suze Orman’s Approved Card by Alex Humphrey

Alex Humphrey — Wed, 11 Jan 2012 17:30:29 +0000

Yeah, this is an okay card, but there are so many valuable free alternatives that it seems useless.

Comment on Tree-tirement – a simple way to look at how saving for retirement works by JW’s Financial Coaching Podcast-Setting your goals in 2012 Part II with guest Steve Stewart | JW's Financial Coaching-Giving you a new perspective on your money!

Mon, 09 Jan 2012 13:39:30 +0000

[...] Steve has done an excellent video on the importance of saving early for retirement titled “tree-tirement”. But where do we save for retirement? The two most common ways are through 401(K)’s and [...]

Comment on sos043 Top 11 of 2011 by Jon White

Jon White — Tue, 03 Jan 2012 15:28:45 +0000

Steve I really enjoyed listening to the MoneyPlan SOS podcast in 2011. Personally my two favorite podcasts were episodes #18 and #24. Jen and Bob’s story is very inspiring and Zac was a great guest! I can’t wait for his next book to come out. Looking forward to what the podcast has in store for 2012.

Comment on sos041 They Need Our Eyeballs by Dave Reads: Rich People Are Unfeeling Robots « Dave Ramsey Fan

Dave Reads: Rich People Are Unfeeling Robots « Dave Ramsey Fan — Tue, 03 Jan 2012 14:41:40 +0000

[...] This study of College students who are relatively rich and know something about unfeeling robots that were asked questions about empathy proved this to me: You have to look at everything you read or watch with a critical eye. This study was not presented with an objective eye, it was targeted to get you to read it. There was no mention of robots or androids or even cyborgs in the original article that was released on Time.com, so this was a headline designed to get our eyeballs. [...]

Comment on sos041 They Need Our Eyeballs by Dave Reads Consumerist: Rich People Are Unfeeling « Dave Ramsey Fan

Dave Reads Consumerist: Rich People Are Unfeeling « Dave Ramsey Fan — Tue, 03 Jan 2012 14:40:12 +0000

Comment on The first 10 things to do when you become a Millionaire by Steve Stewart

Steve Stewart — Tue, 27 Dec 2011 15:51:17 +0000

Wouldn’t they be the ones you would invite to the party? Maybe you could give them some fantastic gifts (financial literacy books, FPU kits, or even savings bonds) along with the celebration?

Comment on The first 10 things to do when you become a Millionaire by Donation Can

Donation Can — Mon, 26 Dec 2011 02:56:38 +0000

I don’t think I could throw a $2,000 party without my friends and family being extremely jealous.

Comment on 10 Things Poor People Say by joe

joe — Sun, 25 Dec 2011 14:38:01 +0000

I have heard this as well. But the masses..mostly the poor…have been trained by society and only do as they have been conditioned to do over time. Nice post though.

Comment on 010 MPSOS – Should I Tithe While In Debt by Give Crazy to put a well in Ghana « Dave Ramsey Fan

Give Crazy to put a well in Ghana « Dave Ramsey Fan — Sun, 25 Dec 2011 09:09:07 +0000

[...] learn more about how you can be a giver, even while in debt, go to MoneyPlanSOS.com. If you would like one-on-one coaching then contact him at 636-373-4818. [...]

Comment on What would you do with $1,000,000.00 by Steve Stewart

Steve Stewart — Fri, 23 Dec 2011 03:55:56 +0000

Way to go Sharon! You had it rough but didn’t quit. I would bet your two daughters learned some great life lessons from your struggles and your strength!

Comment on What would you do with $1,000,000.00 by Sharon Smith

Sharon Smith — Fri, 23 Dec 2011 01:23:36 +0000

If I were to win $1 million dollars, ( 1 ) Pay taxes and all depts ( 2 ) Donate to childrens hospitals ( 3 ) Provide for my 2 daughters and 5 ganchildren to be able to start them off on a bright road towards a good life. I am 53 years old and have struggled all my life, I have raised my two daughters on my own, NO SUPPORT and do for my grandchildren as much as I can, children are our future. I sure fell quiet a few times, but I always pick myself up and continue. Always haveing faith is a blessing. God Bless to all, Happy Holidays, Wishing the best to the nest winner your friend Sharon S.

Comment on sos040 – Who I Am by MoneyPlan SOS Podcast 41: They just want our eyeballs

MoneyPlan SOS Podcast 41: They just want our eyeballs — Sat, 17 Dec 2011 07:47:32 +0000

[...] MoneyPlanSOS Helping everyday Americans Pay Attention, Not Interest Skip to content HomeeCredableAboutWhat is Financial Coaching?TestimonialsDave Ramsey’s FPU @Work and Counselor TrainingFREE ESTIMATEWork With MeSOS LibraryDebt Free U kindle and paperbackBecome A Coach GiveAwaySpeaking and Financial WellnessThe Great Recovery on I-70Columbus, OHSt. Louis, MOTerre Haute ← sos040 – Who I Am [...]

Comment on sos040 – Who I Am by Alex Humphrey

Alex Humphrey — Mon, 12 Dec 2011 16:05:16 +0000

Congrats on a year of podcasting! From all I’ve seen, it’s had some pretty big ups and downs but I’m glad to see you’re continuing with your dream.

I really like the “who I am” sheet. This is the perfect time of year to think about these things. I believe I will use the worksheet with my wife to see how we’ve grown in the last few years.

Comment on What I wear should tell you something by Who I Am. Steve Stewart is a Dave Ramsey Trained Coach and the only independent personal finance blogger to have an article read on the Dave Ramsey radio show.

Thu, 08 Dec 2011 14:03:30 +0000

Comment on sos040 – Who I Am by Steve Stewart

Steve Stewart — Thu, 08 Dec 2011 13:55:09 +0000

Thanks Jon! You’ve talked about yourself on your podcasts but I’d love to see your “Who I Am” sheet.

Comment on sos040 – Who I Am by Jon White

Jon White — Thu, 08 Dec 2011 12:56:36 +0000

Congratulations on your first year of podcasting Steve! I am proud to say that I have listened to all 40 episodes. This episode was really good, thanks for sharing and looking forward to an even better year number two of the Moneyplan SOS Podcast.

Comment on What I wear should tell you something by Alex Humphrey

Alex Humphrey — Thu, 01 Dec 2011 16:46:57 +0000

Lol, no problem.

Comment on What I wear should tell you something by Steve Stewart

Steve Stewart — Thu, 01 Dec 2011 01:21:53 +0000

Alex, Thanks for the private message about the typo. Why didn’t anyone else catch it before you?

Comment on What I wear should tell you something by Steve Stewart

Steve Stewart — Thu, 01 Dec 2011 01:21:37 +0000

Thanks Jenny! Your comment means a lot to me.

Comment on What I wear should tell you something by Alex Humphrey

Alex Humphrey — Wed, 30 Nov 2011 23:11:18 +0000

Fantastic, Steve!

I love that you wear things that show who you are and what you believe in. You’re giving me ideas and making me think.

God Bless!

Comment on What I wear should tell you something by The Jenny Pincher

The Jenny Pincher — Tue, 29 Nov 2011 02:41:48 +0000

What a wonderful message Steve! You are so right about picking someone to help you manage your personal finances – why pick the financial planner who can’t keep their own finances together? It doesn’t make sense!!!

Comment on 018 MPSOS – Real Life Case Story by Living Beyond Awesome, the book from Jen McDonough

Living Beyond Awesome, the book from Jen McDonough — Sat, 26 Nov 2011 05:08:38 +0000

[...] Awesome book release Posted on November 26, 2011 by Steve Stewart Jen McDonough, guest of the MoneyPlanSOS podcast episode 18, was unable to run the distance of two blocks but decided to participate in the Ironman Triathlon. [...]

Comment on Tree-tirement – a simple way to look at how saving for retirement works by Open Enrollment - Retirement Savings 401k or IRA

Open Enrollment - Retirement Savings 401k or IRA — Wed, 23 Nov 2011 06:39:21 +0000

[...] produced a short slide-show video that illustrates how saving for retirement works: http:MoneyPlanSOS.com/Tree-tirement (It is also at the bottom of these [...]

Comment on sos033-eCredable is Incredible by Friday Financial Tidbit-eCredable: The alternative to the FICO score | JW's Financial Coaching-Giving you a new perspective on your money!

Fri, 18 Nov 2011 20:09:42 +0000

[...] to borrow money to build your score. For more information check out an interview from their CEO Steve Ely who was on the MoneyplanSOS [...]

Comment on Who gets hurt when you don’t use debt? by Natalie A.

Natalie A. — Sat, 12 Nov 2011 02:13:19 +0000

Thank you Steven for your thoughts on the Amex prepaid card. I agree it would be a great card traveling or any other credit card type purchases. I’m going to give it a try and see how it works
out.

I’ll keep you posted

Comment on sos036 Should I Refi by Megen

Megen — Sat, 12 Nov 2011 00:20:13 +0000

Game on!
Let’s see who makes it first! LOL.

Comment on Who gets hurt when you don’t use debt? by Steve Stewart

Steve Stewart — Fri, 11 Nov 2011 19:08:34 +0000

Almost all pre-paid credit card products cost you money to buy, load, re-load, or have monthly recurring fees. It looks as if the Amex prepaid card does not, so that makes it sound more like a gift card, which I think is just fine.
There are people who don’t use banks, they are off the grid, and this could be something they could use for travel reservations, on-line purchases, and other situations where you need a Debit or Credit card.
Thanks for the question Natalie!

Comment on sos036 Should I Refi by Steve Stewart

Steve Stewart — Fri, 11 Nov 2011 17:30:54 +0000

I love it! Let me know when you have a mortgage-burning party!

Comment on Dave Ramsey Says 10 Broke Things by 10 Things We Say That Keep Us Broke

10 Things We Say That Keep Us Broke — Fri, 11 Nov 2011 17:05:18 +0000

[...] Related post: http://www.moneyplansos.com/dave-ramsey-says-10-broke-things/ [...]

Comment on sos036 Should I Refi by Megen

Megen — Thu, 10 Nov 2011 11:35:59 +0000

What a great podcast! We had to do these same types of calculations last year when we decided to refinance our mortgage! We went from a 20 year fixed rate at 5.99% with 17 years remaining to a 15 year fixed at 3.79%. Because of the interest rate and term, we are paying less than we were with the 20 year every month and more of it is going toward principal. We bought our house as a fixer upper and have been working on it for the past 4 years, so equity wasnt a problem at all in our home.

We are much like you. We owe $53,000 on our mortgage and are looking to pay it off within less than 5 years.

Comment on Who gets hurt when you don’t use debt? by Natalie A.

Natalie A. — Wed, 09 Nov 2011 03:35:21 +0000

Hi Steve -

Thanks for putting things in prospective. I wish I would have know more about money before heading off to college. If I had I would have worked extra jobs to pay for school.

I would love to know from you though, what do you think about prepaid cards like new American Express prepaid card?

Comment on 10 Things Poor People Say by Steve Stewart

Steve Stewart — Sat, 05 Nov 2011 21:55:37 +0000

I believe being broke and being poor are two different things. Being poor is a state of mind, looking to others for answers, handouts, and blaming them for their own problems. I like to think I can help them change their paradigm and move them from poor to broke. At least you have hope when you are broke and can really turn things around!
I liked your comment about “politically connected”. Interesting way to look at it.

Comment on 10 Things Poor People Say by Eric

Eric — Sat, 05 Nov 2011 20:11:28 +0000

I don’t think anyone would claim that the car companies and banks that said “Where’s my bailout?” were poor, because they were able to convince the government to give them what they wanted. However, when the 99% club want their own ‘bailout’ they are described as ‘poor’. So, basically, if you are broke and not politically connected and ask for a bailout you are ‘poor’. If you are broke and politically connected and ask for a bailout you are celebrated.
Remember the first ‘bailout’ was the first time home buyers credit that was given to the real estate industry, because they were broke and politically connected.
If you claim that the words “Where’s my bailout?” are a description of ‘poor’ then we should apply that description to not only to the 99% club, but to everyone that went begging.
–Eric

Comment on 10 Things Poor People Say by Steve Stewart

Steve Stewart — Sat, 05 Nov 2011 14:38:09 +0000

Good man!
1 Timothy 5:8 “Anyone who does not provide for their relatives, and especially for their own household, has denied the faith and is worse than an unbeliever.”

Glad to hear from you again. We’ll have to Skype again soon.

Comment on 10 Things Poor People Say by Alex Humphrey

Alex Humphrey — Fri, 04 Nov 2011 15:40:23 +0000

My bail out isn’t coming. God has been exceptionally good to me, but I’m still having to take a lower paying job to take care of my family.

And you know what? With this job I will be able to take care of them. It’s not a lot of money, but it is more than enough for us to live off of.

Comment on sos036 Should I Refi by Alex Humphrey

Alex Humphrey — Fri, 04 Nov 2011 15:39:15 +0000

Another fantastic post!

Comment on 10 Things Poor People Say by Steve Stewart

Steve Stewart — Tue, 01 Nov 2011 16:00:53 +0000

Thanks Jackie. I’ve been noticing a lot of this “talk” around, more than usual. I had been holding on to this post for a while (could only come up with 9 good ones) but it had to be said.
We are a spoiled culture of having anything we want today without the ramifications for about 30 days (credit) or longer (loans).
I am not immune. I know I am spoiled and so are many of the “Poor Me” people around us. Compared to other countries we are RICH!
I believe we all have to be tested in order for us to grow. And failing the test should only push us harder to do better the next time. That is true for finances, relationships, and physical health as well.

Comment on 10 Things Poor People Say by Jackie Walters

Jackie Walters — Tue, 01 Nov 2011 15:39:26 +0000

Steve – great blog post.

No one bailed me out when the housing bubble burst! Was I bitter – absolutely, but I’m not going to dwell on it. It is what it is and a lesson was learned. Like you stated – it’s all about perspective

- Jackie

Comment on sos031-House Poor Are You by Should I refi? Rates are so incredibly low that it might make sense, even when we only have 50+ months left on our current mortgage

Fri, 28 Oct 2011 06:22:24 +0000

[...] between owning and renting: MoneyPlanSOS.com/031 (House Poor Are [...]

Comment on Should I tithe while in debt? by Kim A

Kim A — Tue, 25 Oct 2011 01:16:13 +0000

The story of the widow (Mark 12:41-44)
came to mind when I read this.

Comment on The first 10 things to do when you become a Millionaire by sos035-A MoneyPlan for Kids

sos035-A MoneyPlan for Kids — Thu, 20 Oct 2011 06:30:34 +0000

[...] MoneyPlanSOS Helping everyday Americans form a solid foundation and design a home of Financial Freedom Skip to content HomeeCredableAboutWhat is Financial Coaching?TestimonialsDave Ramsey’s FPU @Work and Counselor TrainingFREE ESTIMATEWork With MeSOS LibraryDebt Free U kindle and paperbackBecome A Coach GiveAwaySpeaking and Financial WellnessThe Great Recovery on I-70Columbus, OHIndianapolisKansas CitySt. Louis, MOTerre Haute ← The first 10 things to do when you become a Millionaire [...]

Comment on The first 10 things to do when you become a Millionaire by Matt @Financial Excellence

Matt @Financial Excellence — Mon, 17 Oct 2011 13:15:01 +0000

I can’t wait to get to the point where I can try out your list!

Comment on Credit Cards are like Cereal by Episode 17 – Steve Stewart Is A Personal Finance Architect

Episode 17 – Steve Stewart Is A Personal Finance Architect — Tue, 11 Oct 2011 01:11:25 +0000

[...] While at his website, be sure to watch some of Steve’s video’s. Here’s the one that was referenced in the show – Credit Cards Are Like Cereal. [...]

Comment on sos033-eCredable is Incredible by Jon White

Jon White — Thu, 06 Oct 2011 13:32:30 +0000

Hey Steve just listened to the show. Good interview, I think this eCredable could really catch on. You know I am definitely going to being promoting it as an alternative to the FICO score and will be using it myself when we move in the next year (hopefully.)

Comment on 028 MPSOS – Debt Snowball Calculator with Eric Lentz by Steve Stewart

Steve Stewart — Thu, 06 Oct 2011 02:33:34 +0000

Thanks Jackie! Have you tried it yet? http://debtsnowballcalculator.net/moneyplansos

Comment on 028 MPSOS – Debt Snowball Calculator with Eric Lentz by Jackie Walters

Jackie Walters — Thu, 06 Oct 2011 02:09:05 +0000

Great podcast! Eric has a lot of energy.

Comment on I’m working on my DEBIT SCORE by eCredable is Incredible for improving your Credit Report

eCredable is Incredible for improving your Credit Report — Thu, 06 Oct 2011 01:51:34 +0000

[...] Blogpost Rewind: Working on my Debit Score http://www.moneyplansos.com/working-on-my-debit-score/ [...]

Comment on sos032-Privatizing Social Security with Ashley Barnett by Matt @Financial Excellence

Matt @Financial Excellence — Wed, 05 Oct 2011 14:18:40 +0000

Great show Steve and Ashley! Thanks for the mention Steve. I’m honored to have my name brought up in such great company. And you’re not a nobody…

Comment on Who gets hurt when you don’t use debt? by Alex Humphrey

Alex Humphrey — Tue, 04 Oct 2011 20:50:38 +0000

What a great way to put it “paying people who are selling us money”

Amazing.

And some great points. No one gets hurt except the people trying to sell us money.

Crazy!

Comment on sos032-Privatizing Social Security with Ashley Barnett by Jon White

Jon White — Mon, 03 Oct 2011 14:55:55 +0000

Ashley, when are you going to run for Congress? We need you in there to help privatize Social Security! The podcast and your articles are great arguments as to why this would work and without any of the politics involved.

Comment on sos031-House Poor Are You by Jackie Walters

Jackie Walters — Thu, 29 Sep 2011 15:41:57 +0000

Steve,

You know how you should listen to God when he continually speaks to you about certain issues and you try to ignore him – well this time it was your voice at the end of this podcast. It was like you were speaking directly to me! Again!

I will seriously pray about becoming a certified Dave Ramsey financial coach. I will also be checking into holding a FPU class at our local library this fall.

Keep nudging me Steve!

Thanks, Jackie.

Comment on sos032-Privatizing Social Security with Ashley Barnett by Jackie Walters

Jackie Walters — Thu, 29 Sep 2011 15:17:30 +0000

Steve,

Excellent podcast! I truly believe that privatizing Social Security is urgent and needs to be addressed now.

Jackie.

Comment on 029 MPSOS – Everything Is Normal by 5 Blogs You Should Be Reading | Alex Speaks

5 Blogs You Should Be Reading | Alex Speaks — Thu, 29 Sep 2011 12:08:59 +0000

[...] MoneyPlanSOS – Steve Stewart is a financial coach and podcaster. My favorite thing about him aren’t his blog posts (though they good) but his podcasts. He has some of the smartest financial people on the web on their working through real-life cases and explaining the nuts and bolts of personal finances. He even asked me to be on his podcast. [...]

Comment on sos032-Privatizing Social Security with Ashley Barnett by I'm off for the Financial Bloggers Conference 2011 | Money Talks

I'm off for the Financial Bloggers Conference 2011 | Money Talks — Thu, 29 Sep 2011 10:21:40 +0000

[...] podcast and we talked about my privitazing Social Security article. You can listen to the podcast right here and read the written article right [...]

Comment on In the past 10 years by Eric @ Debt Snowball Calculator

Eric @ Debt Snowball Calculator — Tue, 20 Sep 2011 23:48:31 +0000

Great post Steve!

By the way, 10 years ago I got my drivers license haha

Comment on Monkeys With Money by Financial Link Love: Great Reads Around the Web 9/17/11

Financial Link Love: Great Reads Around the Web 9/17/11 — Sun, 18 Sep 2011 20:42:45 +0000

[...] [...]

Comment on Monkeys With Money by Matt @Financial Excellence

Matt @Financial Excellence — Tue, 13 Sep 2011 20:02:26 +0000

Ooh, ooh, I’m a monkey!!! I can totally relate to this way of thinking. It’s far easier to miss something once you’ve had it in your possession than if you never had it at all. Great post!

Comment on In the past 10 years by Alex Humphrey

Alex Humphrey — Sun, 11 Sep 2011 23:40:25 +0000

Thank you, Steve. That was beautiful and honest in all the right ways.

Thank you for sharing your heart.

God Bless,
Alex

Comment on A message from my Financial Advisor by Jon White

Jon White — Fri, 09 Sep 2011 16:49:07 +0000

It just goes to show that there is always paranoia in the air. The thing you have to do with money and investing is to have a long term perspective. Sounds like your financial advisor does have one, I think they are a keeper!

Comment on sos031-House Poor Are You by Alex Humphrey

Alex Humphrey — Fri, 09 Sep 2011 14:55:11 +0000

Great stuff, Steve! I can’t wait to hear more info for us Future Financial Ministers!

And all your talk on the difference between renters and home owners was spot on! Thanks for putting it all into perspective.

Comment on sos031-House Poor Are You by Who is richer? The one who earns less with no debt or the one who earns a good income but has debt? « Field of Debt.com

Fri, 09 Sep 2011 10:26:41 +0000

[...] Steve’s podcast can be found at: http://www.moneyplansos.com/sos031-house-poor-are-you/ [...]

Comment on Monkeys With Money by Alex Humphrey

Alex Humphrey — Mon, 29 Aug 2011 19:51:45 +0000

Wow, that’s really insightful.

Comment on Credit Cards are like Cereal by Guest Post by Steve Stewart |

Guest Post by Steve Stewart | — Fri, 26 Aug 2011 14:34:41 +0000

[...] Credit Cards Are Like Cereal [+] Share & Bookmark • Twitter • StumbleUpon • Digg • Delicious [...]

Comment on 10 Things We Say That Keep Us Broke by Guest Post by Steve Stewart of MoneyPlanSOS |

Guest Post by Steve Stewart of MoneyPlanSOS | — Fri, 26 Aug 2011 13:26:12 +0000

[...] Guest blogger and Personal Finance Architect, Steve Stewart, is founder of the MoneyPlanSOS podcast. Steve’s is a certified Dave Ramsey FPU @Work and Counselor Training member. If any of you listen to Dave Ramsey on a regular basis, you’ll note that Dave doesn’t often read blogs or pitch anyone. Well, Steve was lucky enough to have a post read live-on-air on the Dave Ramsey show with his post 10 Things We Say That Keep Us Broke. [...]

Comment on 003 MPSOS – Real Life Case Study with Don Current by 030 MPSOS – Real Life Case Story | MoneyPlanSOS

030 MPSOS – Real Life Case Story | MoneyPlanSOS — Wed, 24 Aug 2011 14:47:04 +0000

[...] can go back and listen to guest Financial Coach Don Current and I discuss their story at http://MoneyPlanSOS.com/003 [...]

Comment on Winning With Money by Steve Stewart

Steve Stewart — Wed, 24 Aug 2011 09:02:41 +0000

I like it Melissa! Opening a restaurant with cash is an incredible advantage over the competition.
If you are looking for some good research about paying for college (and how to leave retirement savings alone to do it) I would HIGHLY recommend a book from Zac Bissonnette called “Debt Free U”: http://www.moneyplansos.com/books/debtfreeu/