Comments on: Muggle Money Mistakes: 3 Unforgivable Blunders We Make

By: Chief Family Officer

Chief Family Officer — Sun, 29 Jul 2007 02:52:03 +0000

You should write a Muggles Guide to Finances for kids – they’d love it!

By: Robert

Robert — Wed, 25 Jul 2007 15:20:32 +0000

Nothing wrong with ignoring debt. I have for 13 months and so far, nothing has happened yet.

A lawyer friend told me that my chances of being sued in the first 3 years after stopping payments is less than 3%. After year 4 the odds start to go up, but suing likely will happen eventually, but their chances of collecting a judgment is less than 7% of all accounts, so take it for what it is worth.

Also, it appears that the airlines will stamp the “SSSS” on your ticket if you have bad credit. Not sure why but they do. Airlines suck anyway.

By: Jaiparis

Jaiparis — Sun, 22 Jul 2007 04:34:05 +0000

LOL I LOVE Harry Potter! and of course love this post, now if I could just starting following these steps…

By: debt kid

debt kid — Fri, 20 Jul 2007 19:58:08 +0000

Ahhh yes. Good point. I wonder what the going interest rate at Gringots is? : )

By: Lazy Man and Money

Lazy Man and Money — Fri, 20 Jul 2007 16:32:34 +0000

MapGirl is right. Money Magazine mentioned it in a previous sidebar.

By: mapgirl

mapgirl — Fri, 20 Jul 2007 16:17:35 +0000

You forgot the power of compounding. Harry’s wealth is his inheritance from his parents which sat untouched, compounding interest.

By: Housekeeping and housekeeping…

Housekeeping and housekeeping… — Fri, 20 Jul 2007 13:55:58 +0000

[...] honor of Harry Potter’s book opening tonight here are some Muggle Money Mistakes that I felt deserved highlighting. Now if I can just figure out why Hermione does use her clock to [...]

By: Steve Herman

Steve Herman — Fri, 20 Jul 2007 13:41:04 +0000

Great blog! my wife and I learned about a strategy 5 years ago that helped us pay-off 2 credit cards and 1 auto loan in 30 days! If you would like more info, please visit my website.
Thanks,
Steve Herman
http://www.financialadvantages.com

By: Lynde

Lynde — Fri, 20 Jul 2007 02:45:08 +0000

I am new to your blog and really enjoyed that post. I am trying to get my financial life in order and will visit often.

By: FJP

FJP — Thu, 19 Jul 2007 23:25:00 +0000

Loved that one too!