Comments on: How A Raffle Ticket Cost This Person $62.50 in 15 Minutes

By: Neal Frankle

Neal Frankle — Fri, 31 Jul 2009 15:40:40 +0000

Shirley,

Yep….you are right. Thanks. I may have expected too much….

By: Shirley Docken

Shirley Docken — Fri, 31 Jul 2009 15:34:16 +0000

I’m a half glass full person, Neal, so you just planted a tiny seed….about financial awareness…that will probably take root sometime in the future…either in the woman talking with friends and family which may result in seeking additional financial information from a professional in the future. You gave her the amount she could tolerate at that time. I think you expected too much out of her for your first contact in that milieu. You were fine. You did your job.
Best regards,
Shirley

By: “Readers Teach Me A Thing Or Two” Edition of Weekend Links

“Readers Teach Me A Thing Or Two” Edition of Weekend Links — Fri, 31 Jul 2009 13:28:11 +0000

[...] received great comments to the post I wrote on Tuesday. In it, I described a woman who was given a free 15-minute consultation with a super genius [...]

By: Stop Using Credit Cards By Putting Your Cards On Ice | 500 Finance

Stop Using Credit Cards By Putting Your Cards On Ice | 500 Finance — Thu, 30 Jul 2009 10:32:27 +0000

[...] Wealth Pilgrim: How A Raffle Ticket Cost This Person $62.50 in 15 Minutes [...]

By: Neal

Neal — Tue, 28 Jul 2009 19:52:24 +0000

lol……

By: Kristen@TheFrugalGirl

Kristen@TheFrugalGirl — Tue, 28 Jul 2009 18:00:20 +0000

Hmmm, that does seem like a not-so-great choice! Penny-wise, pound-foolish.

On a side note, I wish I was smart enough to be able to command $250/hour. lol

By: Beth

Beth — Tue, 28 Jul 2009 16:47:35 +0000

Actually, I was thinking about this issue from a different angle. Perhaps the raffle was an easy way out, but she essentially made a value decision here. Acquiring more “stuff” she didn’t need was more urgent and important than working on her financial situation. It’s still giving in to instant gratification, even if the item is free.

I hope that recognizing her failure to take advantage of your expertise will be a wake-up call. In which case, the role you played in this scenario will have far more impact that anything you could have said

By: Neal

Neal — Tue, 28 Jul 2009 16:35:55 +0000

Carece,

Wow….great metaphor. I learn so much from comments like yours and everyone else. I’m serious. Thanks!

By: Carece

Carece — Tue, 28 Jul 2009 16:13:47 +0000

Neal,
No matter how you felt about it personally, your point is well taken. How often do we pass up the great for the good. The t-shirt vs. experience based advise is a great metaphor. We all to often want to wear the title on the outside but shun the work on the inside. No judgment here on my part regarding the woman, I’m talking about myself. Thanks for the post Neal. Have a great day. Keep up the great work of share hope in the midst of financial chaos.
Carece

By: Neal

Neal — Tue, 28 Jul 2009 15:33:50 +0000

ps. I fixed the title…thanks!