Wednesday, February 28, 2007

Suze Orman Live and Other Notes

This weekend I am quite excited. I will be taking my mom to see Suze Orman give a talk about her new book about Women and Money. This past Christmas I gave my mom Suze's book about the 9 Steps to Financial Freedom which I liked. My mom devoured the book and has been taking steps to get her finances in better shape ever since. This book promises to focus on women's issues and will probably delve more into the emotional/psychological issues that many women have with regard to their money. But I'm ok with that. I think that many people out there need to hear some of these things and I think that changing your thinking is the critical first step to affect a positive change in your life -- whether its financial or otherwise.

In general terms, people are creatures of habit. And yet we expect to do the same things again and again and again and somehow get a different result. It usually doesn't work. Instead we are stuck in cyclical behavior and thought-patterns and then are stuck with the same shoddy outcomes. Personally, when I started taking more responsibility for my financial situation, I started to feel much better.

The market tanked yesterday, but I am generally not worrying about it. Just out of curiousity I wanted to check my 401k balance but it seems that the Fidelity website was down this morning, undoubtedly because of the high amount of traffic. On the upside though, I do have a fairly large contribution coming up, and it may be that this amount could go through when the market is down. Wouldn't that be nice?

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