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  • Training wheels: Why I spend less time managing money

    Posted May 09 2008, 06:52 AM by Karen Datko Rating:

    This post comes from Trent Hamm at partner blog The Simple Dollar.

    When I first went through my financial meltdown, I was almost obsessive about my various accounts.

    I checked my credit card and bank balances daily, kept careful notes on every penny I spent, and planned and plotted every single expense. The giant budgets and debt snowballs and investing plans I created were amazing in their detail. I spent hours with Excel, calculating my financial life and seeing the implications of every little move I might make.

    Over time, though, something fascinating happened.   Read More...

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