You are not a financial idiot WalletDoctorBlog!

Hi WalletDoctorBlog-

I know that you may have thought from the lesson I sent on Saturday that you might be in the financial idiot category. My whole point is that if you are subscribed to this e-zine then YOU ARE ABSOLUTELY NOT A FINANCIAL IDIOT. A financial idiot is someone who completely refuses to accept responsibility for their poor financial decisions. For years in my twenties I blamed my financial failure on other people. I was a financial idiot but I eventually woke up to the fact that it was my own thinking that was the problem!

http://www.walletdoctor.com/stockcd.htm

Let me give you an example. My wife and I have married family members from my side of the family that we have tried to counsel for years. The husband is not assertive and the wife feels as thought the world owes her something. What happens is that the wife makes stupid financial decision after stupid financial decision.

http://www.walletdoctor.com/stockcd.htm

For instance they cashed-out their mortgage over time and became completely debt free; a state many people today would envy. She convinced her husband to take out a second mortgage on the home and they went on a trip to Disney World among other things. He temporarily lost his job a few months later and they went late on the �lets go party loan� they had just taken out on their home.

http://www.walletdoctor.com/stockcd.htm

They came to us for help! Unfortunately it was the first time we knew about the situation. We lent them the money to bring the loan current under strict conditions that the wife resented. She was also a little hostile when we made her show us all of their income and expenses. We put them on a financial plan that we knew would make them wealthy. They were inconsistent in paying us back so we have never loaned them anything again.

http://www.walletdoctor.com/stockcd.htm

That was about eight years ago. They are constantly backing themselves into the same situation every few years because they refuse to accept responsibility for their financial ignorance. In keeping the blame on someone or something else they keep themselves blind to their own reality. If the wife would forgive whatever it is that makes her think the world owes her something then the situation would be undone.

http://www.walletdoctor.com/stockcd.htm

She would begin to wake up and learn. Unseen forces would come to her assistance and she would become the master of her money over time. This is why I know that anyone in the Wallet Doctor financial community is waking up or fully awake. If you have financial idiots dragging you down do not let them make you feel that you are responsible for bailing them out. Do not let them get to you through other family members either. When they wake up introduce them to the Wallet Doctor community. Here is the free CD link to get you started on the path to debt-free Shangri-La in the stock markets:

http://www.walletdoctor.com/stockcd.htm

-Scott

Ps. Here is the link to the Wallet Doctor Discussion Board. if you want advice on dealing with any financial idiots in your life post questions in the personal finance category and I will answer them. Don�t forget you have to hit the register button and register to get in if you are not already a member:

http://walletdoctor.com/thedoctorisin/login.php

If you wish to cancel your subscription, simply click once on the link below.
http://walletdoctor.com/cgi-bin/arp3/arp3-un.pl?c=208&p=7490&scope=all