MP Dunleavy recently wrote an article talking about the different type of money traps people in general fall into.  She writes lists about 7 money traps and tells us the telltale signs for each and what they mean.  Here they are:

Someone else will save me – You are waiting for someone else or something else [...]

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MP Dunleavy just wrote an article about her goal to save $15k this year.  She wants to fully save her emergency fund of three months.  That’s right $15k is only 3 months of expenses for her.  It’s like that in a HCOLA.   That and she’s still carrying 2 mortgages.  I can see the risk.
She talks [...]

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I’m going to write about MP Dunleavy again because she asks a very interesting question in “Is debt your destiny?”  She asks this question seriously and I think it’s a valid question.  She says that you know debt is wrong, are tracking your spending, yet are still mired in debt.  Why?
She suggests one reason is [...]

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MP Dunleavy writes about people becoming more honest about finances recently in “feeling broke - discuss it?” and she’s wondering what’s up.  She says she’s interviewed people and it’s been suggested that it’s due to people being in financial binds. I asked the question recently “why aren’t we be honest?”
I wonder if this is the first step [...]

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Well it took 7 months, but apparently MP Dunleavy is now regretting her decision to buy her second home while renting out the first home.  I mentioned this was a stupid idea in December 2007 here.  And last month I asked why is she complaining about paying off debt?  Especially since she was reducing retirement savings to [...]

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