...until there's not enough
...until there's not enough
Many of them will recommend procedures that are certainly beneficial, but not totally necessary. After all, they’re there to make a living.
For example, I recently went to the dentist for a simple cleaning and experienced this. Before the cleaning they had me complete a health questionnaire. I checked off that I sometimes clinch my teeth when concentrating, and I’ve been known to snore at night (allegedly). The hygienist spent the entire cleaning complimenting me on the health of my teeth and gums, but when the dentist came in, the mood changed. Suddenly, I was in desperate need of a custom night guard, a sleep study, and some sort of laser gum treatment. My reaction:
They even took me to another office with a “closer” to make my next appointment and order the sleep study. It was like being at a used car dealership. Seeing as though the hygienist had glowing reviews for my chompers, I decided to forego the $500 of extra treatments.
So remember, you’re the one that’s ultimately in charge of your health and your bank account. Don’t get talked into an expensive procedure without taking the time to decide if it’s absolutely necessary.
Let me start by saying that I’m probably more emotionally invested in Oklahoma Sooners football than I should be. Today, we lost to our arch rival, the Texas Longhorns. It was unexpected, and it sucks.
Several years ago, we were in the market for a car. We decided to go look at some after a similar loss. We ended up purchasing a car that we regretted a few months down the road. It was too expensive, and it wasn’t even what we really wanted. Looking back, we were bummed by our team’s loss, and it really clouded our judgement on that one. We wanted to feel better, and the car was exciting.
You may or may not be into football, but this advice holds true for everyone. Whether it’s a positive or negative emotional event, make it a point to put off big financial decisions until you come back down to earth.
A company is more likely to agree to a higher salary after they’ve decided that they want you for the job. This is due to a psychological tendency called “loss aversion”. If you bring up money before the offer is made, it could hurt your chances of even being considered if it’s higher than they expect to pay.
I turn 30 next week [gulps audibly]. Now that I’m an old man, I thought this would be a good time for me to share some of the financial things I did right, plus a few of the things I did very wrong during my twenties. [Note: I wrote this with my 5 day old daughter sleeping on my lap. It would have been 10 things, but I could only think of 7 before she needed a diaper change.]
You may have heard about the professor that lost several pounds by following The Twinkie Diet. If you’re not familiar with this story, here’s an excerpt from the CNN Health article:
Twinkies. Nutty bars. Powdered donuts.
For 10 weeks, Mark Haub, a professor of human nutrition at Kansas State University, ate one of these sugary cakelets every three hours, instead of meals. To add variety in his steady stream of Hostess and Little Debbie snacks, Haub munched on Doritos chips, sugary cereals and Oreos, too.
His premise: That in weight loss, pure calorie counting is what matters most — not the nutritional value of the food.
The premise held up: On his “convenience store diet,” he shed 27 pounds in two months.
For a class project, Haub limited himself to less than 1,800 calories a day. A man of Haub’s pre-dieting size usually consumes about 2,600 calories daily.So he followed a basic principle of weight loss: He consumed significantly fewer calories than he burned.
His body mass index went from 28.8, considered overweight, to 24.9, which is normal. He now weighs 174 pounds.
As I read this story, I couldn’t help but compare it to personal finance (I know, it’s a sickness). Mark Haub showed that it is possible to lose weight eating anything you want, as long as your daily caloric intake is kept under a certain level. Similarly, it’s possible to save no matter how you decide to spend your money.
So often, people head into their mid-year or year-end review without preparing. Sure, you’re there to listen to feedback, but it’s important to put some thought into a couple of things you’d like to discuss. Try to keep it as positive as you can, and remember that you have a much better chance of getting something you want if you can spin it in a way that shows how it will benefit the company.
In many offices, it’s rare to get that much one on one time with your supervisor. Don’t waste the opportunity to improve your career.