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	<title>Comments on: Five Huge Money Pitfalls</title>
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	<description>Simple Practices that Lead to Wealth</description>
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		<title>By: Bret</title>
		<link>http://hopetoprosper.com/five-huge-money-pitfalls/comment-page-1/#comment-2282</link>
		<dc:creator>Bret</dc:creator>
		<pubDate>Tue, 20 Jul 2010 15:44:43 +0000</pubDate>
		<guid isPermaLink="false">http://hopetoprosper.com/?p=1958#comment-2282</guid>
		<description>Thanks Jennifer,

I am really proud that you picked my post.  I have a 7 link challenge half written.  But, I have to finish my post on the Financial Regulation Reform before I can finish it.</description>
		<content:encoded><![CDATA[<p>Thanks Jennifer,</p>
<p>I am really proud that you picked my post.  I have a 7 link challenge half written.  But, I have to finish my post on the Financial Regulation Reform before I can finish it.</p>
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		<title>By: Jennifer Barry</title>
		<link>http://hopetoprosper.com/five-huge-money-pitfalls/comment-page-1/#comment-2269</link>
		<dc:creator>Jennifer Barry</dc:creator>
		<pubDate>Sun, 18 Jul 2010 03:37:12 +0000</pubDate>
		<guid isPermaLink="false">http://hopetoprosper.com/?p=1958#comment-2269</guid>
		<description>Thought you would like to know I featured this post on my blog as part of the 7 Link Challenge. :) http://liverichly.com/?p=714</description>
		<content:encoded><![CDATA[<p>Thought you would like to know I featured this post on my blog as part of the 7 Link Challenge. <img src='http://hopetoprosper.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />  <a href="http://liverichly.com/?p=714" rel="nofollow">http://liverichly.com/?p=714</a><br />
<span class="cluv">Jennifer Barry recently posted..<a class="7efa17aa36 2269" rel="nofollow" href="http://feedproxy.google.com/~r/LiveRichly/~3/Go1PRaZ8E_4/">Lasso Your Budget</a><span class="heart_tip_box"><img class="heart_tip  2269" alt="My Profile" style="border:0" width="16" height="14" src="http://hopetoprosper.com/wp-content/plugins/commentluv/images/littleheart.gif"/></span></span></p>
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		<title>By: 7 Link Challenge &#124; Live Richly</title>
		<link>http://hopetoprosper.com/five-huge-money-pitfalls/comment-page-1/#comment-2268</link>
		<dc:creator>7 Link Challenge &#124; Live Richly</dc:creator>
		<pubDate>Sun, 18 Jul 2010 03:24:05 +0000</pubDate>
		<guid isPermaLink="false">http://hopetoprosper.com/?p=1958#comment-2268</guid>
		<description>[...] A post on someone else’s blog that you wish you’d written: Five Huge Money Pitfalls - This was the hardest for me to choose. How could I pick one favorite from the whole internet? Then [...]</description>
		<content:encoded><![CDATA[<p>[...] A post on someone else’s blog that you wish you’d written: Five Huge Money Pitfalls &#8211; This was the hardest for me to choose. How could I pick one favorite from the whole internet? Then [...]</p>
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		<title>By: Friday Round-up Featuring Huge Money Pitfalls, Retail Loyalty Lures, and Tips to Reduce Food Waste - It&#039;s Your Money - TIME.com</title>
		<link>http://hopetoprosper.com/five-huge-money-pitfalls/comment-page-1/#comment-2188</link>
		<dc:creator>Friday Round-up Featuring Huge Money Pitfalls, Retail Loyalty Lures, and Tips to Reduce Food Waste - It&#039;s Your Money - TIME.com</dc:creator>
		<pubDate>Mon, 12 Jul 2010 12:55:27 +0000</pubDate>
		<guid isPermaLink="false">http://hopetoprosper.com/?p=1958#comment-2188</guid>
		<description>[...] 5 Huge Money Pitfalls. Among the biggies to avoid—if possible—are divorce, jail, and addiction. They&#039;re all bad for your finances, not to mention your overall happiness. [...]</description>
		<content:encoded><![CDATA[<p>[...] 5 Huge Money Pitfalls. Among the biggies to avoid—if possible—are divorce, jail, and addiction. They&#039;re all bad for your finances, not to mention your overall happiness. [...]</p>
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	<item>
		<title>By: Weekly Wisdom: Hot Financial Posts &#187; The Online Investing AI Blog</title>
		<link>http://hopetoprosper.com/five-huge-money-pitfalls/comment-page-1/#comment-2174</link>
		<dc:creator>Weekly Wisdom: Hot Financial Posts &#187; The Online Investing AI Blog</dc:creator>
		<pubDate>Sun, 11 Jul 2010 08:28:22 +0000</pubDate>
		<guid isPermaLink="false">http://hopetoprosper.com/?p=1958#comment-2174</guid>
		<description>[...] Bret, who writes at Hope to Prosper, disagrees with yours truly about derivatives. But that&#8217;s ok, so does everyone else. Bret does a great job with this post on Five Huge Financial Pitfall. [...]</description>
		<content:encoded><![CDATA[<p>[...] Bret, who writes at Hope to Prosper, disagrees with yours truly about derivatives. But that&#8217;s ok, so does everyone else. Bret does a great job with this post on Five Huge Financial Pitfall. [...]</p>
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		<title>By: Bret</title>
		<link>http://hopetoprosper.com/five-huge-money-pitfalls/comment-page-1/#comment-2160</link>
		<dc:creator>Bret</dc:creator>
		<pubDate>Fri, 09 Jul 2010 22:02:46 +0000</pubDate>
		<guid isPermaLink="false">http://hopetoprosper.com/?p=1958#comment-2160</guid>
		<description>“I’m too good a person, that doesn’t apply to me”.

You must be watching the Lindsy Lohan trial on Youtube.  :-)

&lt;strong&gt;Note to readers: &lt;/strong&gt;If you appear in front of a judge, don&#039;t paint FU on your fingernails.  Or, as my cousin likes to say, &quot;The police never think it&#039;s as funny as you do.&quot;

On a more serious note, I grew up in a pretty tough &#039;hood and a lot of my friends went to jail.  They mostly got tagged for drugs, assault, DUIs and other stupid stuff, but a couple went down for bank robbery.  When I grew up and moved away, my whole attitude changed.

The incarceration rate is way too high and that&#039;s an obvious indicator of failure in our system.  However, the crime rate is the lowest in recorded history, which is a huge success for victims.  I definitely don&#039;t like the explosion of new laws that make virtually everyone into a criminal.  However, I do like things like 3 Strikes laws that put repeat offenders away.  I also like Marijuana legalization, even though I&#039;m not a smoker.  The legal system should concentrate on crimes with victims and stop trying to enforce morality.</description>
		<content:encoded><![CDATA[<p>“I’m too good a person, that doesn’t apply to me”.</p>
<p>You must be watching the Lindsy Lohan trial on Youtube.  <img src='http://hopetoprosper.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
<p><strong>Note to readers: </strong>If you appear in front of a judge, don&#8217;t paint FU on your fingernails.  Or, as my cousin likes to say, &#8220;The police never think it&#8217;s as funny as you do.&#8221;</p>
<p>On a more serious note, I grew up in a pretty tough &#8216;hood and a lot of my friends went to jail.  They mostly got tagged for drugs, assault, DUIs and other stupid stuff, but a couple went down for bank robbery.  When I grew up and moved away, my whole attitude changed.</p>
<p>The incarceration rate is way too high and that&#8217;s an obvious indicator of failure in our system.  However, the crime rate is the lowest in recorded history, which is a huge success for victims.  I definitely don&#8217;t like the explosion of new laws that make virtually everyone into a criminal.  However, I do like things like 3 Strikes laws that put repeat offenders away.  I also like Marijuana legalization, even though I&#8217;m not a smoker.  The legal system should concentrate on crimes with victims and stop trying to enforce morality.</p>
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		<title>By: Kevin@OutOfYourRut</title>
		<link>http://hopetoprosper.com/five-huge-money-pitfalls/comment-page-1/#comment-2157</link>
		<dc:creator>Kevin@OutOfYourRut</dc:creator>
		<pubDate>Fri, 09 Jul 2010 16:42:22 +0000</pubDate>
		<guid isPermaLink="false">http://hopetoprosper.com/?p=1958#comment-2157</guid>
		<description>Bret--good catch on jail!  I&#039;ve written about this possibility as well.  I believe most people don&#039;t think about it because they consider themselves too far removed from it, ie, &quot;I&#039;m too good a person, that doesn&#039;t apply to me&quot;.

When I was a kid, there were maybe four or five offenses that could land you in jail, today there are hundreds, maybe thousands.  Transgressions that didn&#039;t use to be offenses now are, and many, many misdomeanors have been converted to felonies.  The chances of being jailed are hardly remote anymore.

People seem entirely oblivious to the fact that all of the public and political outcries for &quot;getting tough on crime&quot; mostly result in a battery of new laws and enhanced existing laws that come ever closer to sending the average joe to the pokey!

There&#039;s a former prosecutor in our state who goes to the high schools and talks to both students and parents about just how close most kids come to criminal behavior.  I agree with his contention that most people are completely unaware of just how restrictive the law has become.  The stuff we did when we were teenagers has now largely been crimilized.

I&#039;m not at all sure we&#039;re heading in the right direction on this, but it&#039;s something everyone needs to be fully aware of.  Even if you&#039;re financially prosperous and feeling a bit insulated!</description>
		<content:encoded><![CDATA[<p>Bret&#8211;good catch on jail!  I&#8217;ve written about this possibility as well.  I believe most people don&#8217;t think about it because they consider themselves too far removed from it, ie, &#8220;I&#8217;m too good a person, that doesn&#8217;t apply to me&#8221;.</p>
<p>When I was a kid, there were maybe four or five offenses that could land you in jail, today there are hundreds, maybe thousands.  Transgressions that didn&#8217;t use to be offenses now are, and many, many misdomeanors have been converted to felonies.  The chances of being jailed are hardly remote anymore.</p>
<p>People seem entirely oblivious to the fact that all of the public and political outcries for &#8220;getting tough on crime&#8221; mostly result in a battery of new laws and enhanced existing laws that come ever closer to sending the average joe to the pokey!</p>
<p>There&#8217;s a former prosecutor in our state who goes to the high schools and talks to both students and parents about just how close most kids come to criminal behavior.  I agree with his contention that most people are completely unaware of just how restrictive the law has become.  The stuff we did when we were teenagers has now largely been crimilized.</p>
<p>I&#8217;m not at all sure we&#8217;re heading in the right direction on this, but it&#8217;s something everyone needs to be fully aware of.  Even if you&#8217;re financially prosperous and feeling a bit insulated!<br />
<span class="cluv">Kevin@OutOfYourRut recently posted..<a class="20eb9feff5 2157" rel="nofollow" href="http://feedproxy.google.com/~r/outofyourrut/DZWG/~3/gux56iRN2bA/">Why Bundling Services Might be a Bad Deal</a><span class="heart_tip_box"><img class="heart_tip  2157" alt="My Profile" style="border:0" width="16" height="14" src="http://hopetoprosper.com/wp-content/plugins/commentluv/images/littleheart.gif"/></span></span></p>
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		<title>By: Bret</title>
		<link>http://hopetoprosper.com/five-huge-money-pitfalls/comment-page-1/#comment-2137</link>
		<dc:creator>Bret</dc:creator>
		<pubDate>Thu, 08 Jul 2010 04:10:26 +0000</pubDate>
		<guid isPermaLink="false">http://hopetoprosper.com/?p=1958#comment-2137</guid>
		<description>Jennifer,

I was a teenager in the &#039;70s and a single guy in the &#039;80s, so I&#039;ve seen my share of parties.  And, I have seen a lot of people who were affected by drugs and alcohol.  But, it wasn&#039;t until I worked with so many recovering people that I understood what they went through.  If I can help just one person avoid that lifestyle, all of my talks will be worth something.</description>
		<content:encoded><![CDATA[<p>Jennifer,</p>
<p>I was a teenager in the &#8217;70s and a single guy in the &#8217;80s, so I&#8217;ve seen my share of parties.  And, I have seen a lot of people who were affected by drugs and alcohol.  But, it wasn&#8217;t until I worked with so many recovering people that I understood what they went through.  If I can help just one person avoid that lifestyle, all of my talks will be worth something.</p>
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		<title>By: Jennifer Barry</title>
		<link>http://hopetoprosper.com/five-huge-money-pitfalls/comment-page-1/#comment-2136</link>
		<dc:creator>Jennifer Barry</dc:creator>
		<pubDate>Thu, 08 Jul 2010 03:32:43 +0000</pubDate>
		<guid isPermaLink="false">http://hopetoprosper.com/?p=1958#comment-2136</guid>
		<description>Good stuff Bret :) I like this post because it focuses on risk. You hit the big risks for people - especially younger ones. There are some things it&#039;s difficult or impossible to bounce back from. 

I never thought of the money lost from addiction but that makes perfect sense. I have some friends with professional degrees who don&#039;t have the assets they should because they spent too much money on drugs and not enough time earning money.</description>
		<content:encoded><![CDATA[<p>Good stuff Bret <img src='http://hopetoprosper.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />  I like this post because it focuses on risk. You hit the big risks for people &#8211; especially younger ones. There are some things it&#8217;s difficult or impossible to bounce back from. </p>
<p>I never thought of the money lost from addiction but that makes perfect sense. I have some friends with professional degrees who don&#8217;t have the assets they should because they spent too much money on drugs and not enough time earning money.<br />
<span class="cluv">Jennifer Barry recently posted..<a class="af56021023 2136" rel="nofollow" href="http://feedproxy.google.com/~r/LiveRichly/~3/zn8UVEGzirI/">Top 8 Signs You Should Leave Your Job</a><span class="heart_tip_box"><img class="heart_tip  2136" alt="My Profile" style="border:0" width="16" height="14" src="http://hopetoprosper.com/wp-content/plugins/commentluv/images/littleheart.gif"/></span></span></p>
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		<title>By: Bret</title>
		<link>http://hopetoprosper.com/five-huge-money-pitfalls/comment-page-1/#comment-2130</link>
		<dc:creator>Bret</dc:creator>
		<pubDate>Wed, 07 Jul 2010 15:25:06 +0000</pubDate>
		<guid isPermaLink="false">http://hopetoprosper.com/?p=1958#comment-2130</guid>
		<description>I was also surprised when I read this, but I chose to leave it out of the article.  The divorce rates are 41% for a first marriage, 60% for a second and 73% for the third.  These stats made me think of Elizabeth Taylor and Larry King.  I guess people are just too optimistic when they fall in love.</description>
		<content:encoded><![CDATA[<p>I was also surprised when I read this, but I chose to leave it out of the article.  The divorce rates are 41% for a first marriage, 60% for a second and 73% for the third.  These stats made me think of Elizabeth Taylor and Larry King.  I guess people are just too optimistic when they fall in love.</p>
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