Frugal Nightmare: You fail to convince your loved ones to watch their money

The above situation should occur to many of you who seem to be more mindful about your money.

You know it gives you a margin of safety in life. You know you end up living in a better way.

But you just failed to convince people you care about.

And it frustrates the hell out of you. Because you know how important it is.

Share with me what you did wrong, how you managed to convinced them successfully (We should give you a gold medal!)

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Kyith is a blogger with interest in all things on Wealth Mastery, Technology, Business and Productivity.

Comments

  1. Nigel Chua says

    You know what – you’re so right.

    It troubles me so much, and it’s not just limited to loved ones such as family members, but also to close friends who obviously not only suck at saving money but making bad money decisions.

    …but over the years, I’ve realized that people want to see and hear things that they want to see and hear about, not about the “unsexy hard facts and truths”, no matter how good is it for them.

    And no matter how they fall deeper into money woes.

    I’m taking the stance of not saying much, unless they are really seeking to understand and change, because I have decided that I need to stay focused on what’s truly important.

    If they don’t want to work on their money weaknesses, if they want to keep splurging on things they cannot and shouldn’t afford, and if they’re not going to listen anyway, why bother?

    Because I “keep telling them”, they are no longer open to my idea, no matter how successful or good or wise the words are. So, to preserve relationship with them, I’m taking a neutral stance on their options, unless they ask me seriously…

  2. says

    You know what – you’re so right.

    It troubles me so much, and it’s not just limited to loved ones such
    as family members, but also to close friends who obviously not only suck
    at saving money but making bad money decisions.

    …but over the years, I’ve realized that people want to see and hear
    things that they want to see and hear about, not about the “unsexy hard
    facts and truths”, no matter how good is it for them.

    And no matter how they fall deeper into money woes.

    I’m taking the stance of not saying much, unless they are really
    seeking to understand and change, because I have decided that I need to
    stay focused on what’s truly important.

    If they don’t want to work on their money weaknesses, if they want to
    keep splurging on things they cannot and shouldn’t afford, and if
    they’re not going to listen anyway, why bother?

    Because I “keep telling them”, they are no longer open to my idea, no
    matter how successful or good or wise the words are. So, to preserve
    relationship with them, I’m taking a neutral stance on their options,
    unless they ask me seriously…

      • says

        No problems Kyith – I do get frustrated, and I was extremely frustrated before I reached the conclusion that everyone’s timing is different…and some never realize it…but I then decided that I need to focus.

        You’re right too, there are universal laws that governs success in each of our life domains, be it health, wealth, career, love – I’m a follower and reader of Tim Ferriss, Ramit Sethi and a few others too =)

        Actually, I was introduced to your dividend stocks page by one of my friends Hendri, not sure if you know him, and I followed the links until I reached this blog =D

        Nice writing!

        • says

          Hi Nigel, thanks. I don’t think so, is he indonesian?

          I tend to keep this place more for things more associated with general behavior.

          There are some failing of the asian concept that might not be easily understood by westerners.

          • says

            Yes, he’s Indonesian Chinese, but I just spoke to him, and he said that he doesn’t know you personally…likely he chanced upon your dividends site.

            Hey I see that you’re running several website, and I would like to ask you more about your online involvements (that is if you don’t mind), would you be keen to connect via email? If yes, do drop me a mail at nigel@nigelchua.com ya =D

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