The ability to make use of wisdom is often contingent upon our ability to identify with it. If we can identify with it, we'll feel much more comfortable about it because we'll have a better understanding of it. Often, this requires an emotional connection or a different perspective before an idea clicks with us. That's what I hoping to do, make something click. A dear late friend of mine, Deborah Hutchinson, used to say, "Don't start nothin', won't be nothin'." She usually reminded her friends and family of this when she perceived unwarranted criticism, teasing or harassment just around the corner. Often, just this gentle reminder would defuse a situation that could have easily led to regrets. Just the idea of the lasting consequences of getting something undesirable started was often enough to keep it from happening. It's a good thought to keep in mind, but that little bit of wisdom doesn't just apply to human interactions, it also applies to personal finance, especially the kind that can get you deep into debt. Let's take a look to see how we might apply this reminder in the financial arena to help avoid situations that could lead to regret. Read more »