problems http://www.wisebread.com/taxonomy/term/13348/all en-US 9 Problems You Can't Solve With Money http://www.wisebread.com/9-problems-you-cant-solve-with-money <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/9-problems-you-cant-solve-with-money" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/sad-man-looking-at-wallet-94502179-small.jpg" alt="sad man looking at wallet" title="sad man looking at wallet" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>No matter how limitless your budget and how strong your arm, there are certain times when throwing money at a problem simply won't help. So take a look at the list below and ask yourself: Are you facing a situation whose solution might require thought and effort, as opposed to more bankroll? (See also: <a href="http://www.wisebread.com/your-money-problems-why-theyre-all-your-fault?ref=seealso">Your Money Problems Are Your Own Fault</a>)</p> <h2>1. A Failed Relationship</h2> <p>A lot of relationships founder on the shoals of money issues, but even those can't be healed by throwing money at them &mdash; what they need is mostly better communication plus a generous dollop of willingness to compromise. And if the relationship problems aren't related to money, throwing money at it won't help at all.</p> <h2>2. A Mid-Life Crisis</h2> <p>It's a cliche of the mid-life crisis for a 40-something man to buy a red convertible, but it's not a purchase that's going to solve existential angst. Of course there's nothing wrong with buying a red convertible if you want one, and can afford it. It just doesn't solve any problems. (Not even the practical transportation problems that could be solved with a more practical car, really.)</p> <h2>3. Getting in Shape</h2> <p>Buying a gym membership does not improve your fitness. Neither does buying a treadmill, stationary bike, or elliptical machine. Regularly including appropriate aerobic, resistance, and flexibility exercise among your daily activities gets you into shape. (See also: <a href="http://www.wisebread.com/5-ways-to-turn-your-walk-into-a-real-workout?ref=seealso">5 Ways to Turn Your Walk Into a Real Workout</a>)</p> <h2>4. Acquiring Skills and Talents</h2> <p>Getting good at something is largely a matter of practice, and money is no substitute. Of course you can spend money on books, on classes, on workshops, and on tools, and all those things may be of some help, but they're not going to give you skills if you don't put in the time to <a href="http://www.wisebread.com/how-to-become-an-expert">develop the expertise</a> (and they're certainly not going to give you talent).</p> <h2>5. Becoming Enlightened or Even Just a Better Person</h2> <p>There are always hucksters pretending to be one sort of spiritual guide or another, willing to take your money and show you the true path. There are also people ready to suggest that donating money to worthy causes makes you a better person. You can be confident that neither of those things is true.</p> <h2>6. Natural Disasters</h2> <p>It's very reasonable to spend money in advance of a natural disaster, to make yourself more prepared. A well-supplied pantry can really help you through something like a blizzard or a flood or an earthquake. The right tools and right supplies can turn a disaster into an inconvenience &mdash; or even an adventure. Money can also help some after a disaster is over. But no amount of money will turn back a lava flow, or get a commercial jet to fly through a volcanic dust cloud. (See also: <a href="http://www.wisebread.com/5-emergency-situations-you-must-prepare-for-and-5-you-can-ignore?ref=seealso">5 Emergency Situations You Must Prepare For</a>)</p> <h2>7. Being Blackmailed</h2> <p>You know giving in to a blackmailer's demands just lead to more demands, right? You've seen this movie.</p> <h2>8. Wanting the Impossible</h2> <p>I'd like to spend the next 2000 years learning to be the world's greatest musician, greatest swordsman, and most eloquent Esperanto speaker, and then travel through time to play, fence, and argue with everyone history suggests might have been better at those things than I. Throwing money at that problem will not solve it &mdash; nor will it produce world peace, end hunger (or death, or disease), let me travel faster than the speed of light, or meet friendly aliens from other worlds.</p> <h2>9. Being a Happy Person</h2> <p>Money can buy things that you want, and money can certainly solve some problems &mdash; and if those problems are making you unhappy, then in that sense money can buy happiness. But research shows that <a href="http://www.wisebread.com/book-review-happier">happiness comes from other things</a>. Things like doing good work and having the respect of your peers &mdash; things you can't buy with money.</p> <h2>The Three Questions to Ask</h2> <p>So, when is throwing money at a problem the <em>right</em> choice? I tend to ask myself these three questions before I decide to throw money at a problem.</p> <h3>1. Is the Cost Bounded?</h3> <p>That is, can you know up front how much money you're talking about? Is it a one-time expense, or would you be taking on a new recurring monthly expense?</p> <p>It's easy to make the necessary cost-benefit analysis of a single payment. You have the information you need to decide if the cost is worth it &mdash; and if you can afford it.</p> <p>If you're looking at solving a problem by signing up for a new recurring monthly expense, you're potentially talking about a lot of money. You're also making the analysis a lot tougher.</p> <p>None of which is to say that recurring monthly expenses are never the right answer. Everybody has recurring expenses, and they're a perfectly reasonable way to cover the basic costs of living. But when you're talking about throwing money at a problem, you're usually talking about something less basic (and less long-term) than, for example, solving the problem of being homeless by renting an apartment.</p> <p>The &quot;being a happy person&quot; problem fails this test, because even if this or that purchase would make you happy for a moment, no purchase will make you happy forever. The &quot;being blackmailed&quot; problem fails it as well.</p> <h3>2. Will the Money Solve the Problem?</h3> <p>Arguably, this ought to be the first question. If money won't solve the problem, then there's no point in throwing it &mdash; or even spending it. But in my experience, this question is so often hard to answer, while the other is so often easy, I find it makes sense to start with the other. If you answer that one to your satisfaction, then you come to this one.</p> <p>What makes it hard to answer is getting a clear understanding of the problem.</p> <p>For example, your car has broken down and you can't get to work. That's a problem where throwing money at it &mdash; paying to have your car repaired &mdash; may be reasonable. But don't stop your analysis there. To come to the right decision, you need to be sure you're getting to the fundamental problem. In this case, the real problem is that you don't have reliable transportation.</p> <p>That's important, because making a needed repair does not always turn a car into reliable transportation. If this is just the most urgent of a list of needed repairs, maybe you need a different solution &mdash; a new car, or a good bicycle, or a bus pass, or an apartment closer to where you work, or a job closer to where you live.</p> <p>Most of the other problems listed above &mdash; terminal illness, failed relationship, midlife crisis &mdash; fail this question.</p> <p>That result is often heartbreaking, but it doesn't change the fact that whole categories of problems &mdash; medical problems, personal problems, political problems, social problems &mdash; often cannot be solved with money.</p> <p>Save your money for the problems money can solve. Solve those other kinds of problems (if they can be solved) on their own terms.</p> <h3>3. Is There a Good Chance You'll Get the Money Back?</h3> <p>This is really a secondary question, after evaluating the cost of solving a problem with money. If a problem is clearly solvable, and the solution is easily affordable, you're probably not even thinking about it in these terms. (If the problem is that you're out of flour, and there's a grocery store a few blocks away that will sell you nearly unlimited quantities for less than a dollar a pound, then buying a bag of flour doesn't really rise to the level of throwing money at a problem.)</p> <p>The third question becomes important when the cost of solving a problem with money is so large as to be a major factor in your budget &mdash; or especially if it will significantly impact your wealth.</p> <p>Probably the most common circumstance is when you've sent a check, but it has gone astray. If you're dealing with a reputable counterparty, especially one with which you have an ongoing business relationship, it's usually fine to just pay again. Eventually one of two things will happen. Your first check will probably turn up and whoever has gotten paid twice will refund the extra payment (or credit it to your next bill). Or, if it never turns up, the money will never have left your bank account. (This is a good reason to pay by check. If an electronic debit or money order goes astray, you'll have to involve your bank in tracking the money down.)</p> <p>Another common situation where there's a good chance you'll get your money back is when you have insurance. If your house burns down, your insurance company will probably pay necessary temporary housing expenses. If you're sick, your health insurance will probably pay necessary medical expenses.</p> <p>Many times while traveling on business, I threw money at a problem, confident that my employer would reimburse me for those expenses along with my other business travel expenses &mdash; a legitimate move, because the money was solving a problem for my employer as much as it was solving a problem for me.</p> <p>So sometimes, throwing money at a problem is the right move. But asking yourself these three question beforehand is always the right move.</p> <p><em>How do you decide if money is the answer to a problem? Please share in comments!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/philip-brewer">Philip Brewer</a> of <a href="http://www.wisebread.com/9-problems-you-cant-solve-with-money">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/hate-budgeting-how-a-percentage-based-budget-might-work-for-you">Hate Budgeting? How a Percentage-Based Budget Might Work for You</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-smart-things-to-do-with-your-settlement-money">8 Smart Things to Do With Your Settlement Money</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-sites-and-apps-to-help-you-track-your-spending-and-stick-to-your-budget">10 Sites and Apps to Help You Track Your Spending and Stick to Your Budget</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-types-of-friends-who-are-costing-you-money">10 Types of Friends Who Are Costing You Money</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/47-simple-ways-to-waste-money">47 Simple Ways To Waste Money</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance budgets problems spending spending strategy Thu, 04 Sep 2014 13:00:03 +0000 Philip Brewer 1202831 at http://www.wisebread.com Best Money Tips: Strategies for Fixing Common Budget Problems http://www.wisebread.com/best-money-tips-strategies-for-fixing-common-budget-problems <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-strategies-for-fixing-common-budget-problems" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/calculating-budget-504905483-small.jpg" alt="calculating budget" title="calculating budget" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some fantastic articles on strategies for fixing budget problems, simple DIY frugal tips, and smart money moves for college students.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.thesimpledollar.com/nine-strategies-for-fixing-common-budget-problems/">Nine Strategies for Fixing Common Budget Problems</a> &mdash; If your budget categories estimates are off, start your budget from scratch. [The Simple Dollar]</p> <p><a href="http://www.bargaineering.com/articles/10-easy-diy-frugal-tips.html">7 Dead Simple DIY Frugal Tips</a> &mdash; Cooking your own meals and growing a garden can help you save money. [Bargaineering]</p> <p><a href="http://www.moneytalksnews.com/2014/08/21/5-smart-money-moves-first-time-college-students-should-make/">5 Smart Money Moves First-Time College Students Should Make</a> &mdash; College students should be sure to start building a cushion and establish credit. [Money Talks News]</p> <p><a href="https://www.dailyworth.com/posts/2146-how-to-strategically-manage-your-debt/2">How to Strategically Manage Your Debt</a> &mdash; Take control of your debt by educating yourself and making a payoff plan. [DailyWorth]</p> <p><a href="http://www.threethriftyguys.com/2014/08/how-to-get-rid-of-junk-mail-for-good/">How to Get Rid of Junk Mail (for Good)</a> &mdash; Are you sick of getting junk mail? Consider checking out PaperKarma. [Three Thrifty Guys]</p> <h2>Other Essential Reading</h2> <p><a href="http://www.freemoneyfinance.com/2014/08/why-people-have-money-problems.html">Why People Have Money Problems</a> &mdash; People who spend too much on housing tend to have money problems. [Free Money Finance]</p> <p><a href="http://www.kiplinger.com/slideshow/spending/T050-S001-worst-things-to-buy-on-amazon/index.html?si=1">Worst Things to Buy on Amazon</a> &mdash; It's probably not a good idea to buy athletic shoes from Amazon. [Kiplinger]</p> <p><a href="http://www.savvysugar.com/Random-Acts-Kindness-Ideas-34351861">109 Random Acts of Kindness You Can Start Doing Today</a> &mdash; Paying the toll for the car behind you and smiling at people are just a couple random acts of kindness you can start doing today. [PopSugar Smart Living]</p> <p><a href="http://www.creditsesame.com/blog/affordable-care-act-save-free-wellness-checkup/">Save on Healthcare Costs With Free Wellness Checkup &amp; Preventative Care</a> &mdash; Have you ever taken advantage of free wellness clinics? [Credit Sesame]</p> <p><a href="http://parentingsquad.com/4-reasons-to-vaccinate-your-children">4 Reasons to Vaccinate Your Children</a> &mdash; Vaccinating your kids protects your family and your community. [Parenting Squad]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-strategies-for-fixing-common-budget-problems">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/12-money-adjustments-you-should-make-mid-year">12 Money Adjustments You Should Make Mid-Year</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/financial-iq-test-how-healthy-is-your-budget">FINANCIAL IQ TEST: How Healthy Is Your Budget?</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-steps-to-budget-mastery-in-20-minutes-a-month">8 Steps to Budget Mastery in 20 Minutes a Month</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/budgeting-in-a-time-of-inflation">Budgeting in a time of inflation</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/too-broke-to-be-frugal">Too broke to be frugal?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance best money tips budget problems strategies Mon, 25 Aug 2014 19:00:03 +0000 Ashley Jacobs 1192508 at http://www.wisebread.com On Problems and Opportunities http://www.wisebread.com/on-problems-and-opportunities <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/on-problems-and-opportunities" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/1121419794_d4a53cdb01_z.jpg" alt="man holding up hand" title="man holding up hand" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>One manager I knew used to correct people when they said they had a problem. &quot;It's not a problem,&quot; he'd say, &quot;It's an opportunity.&quot; He was kind of a jerk. (See also: <a href="http://www.wisebread.com/incentive-plans-always-go-awry">Incentive Plans Always Go Awry</a>)</p> <p>It was something of a fashion in management-speak at the time &mdash; that anything that seems like a problem is really an opportunity to do better. And despite the fact that this particular manager was a jerk, there's an underlying truth there. It's very easy to get so wrapped up in accomplishing your intermediate goals that you lose sight of what you're really trying to get done.</p> <p>For example, if you're trying to photograph something, and you're only getting crappy photographs, you might be inclined to say that you have a problem taking a good photograph. But it's always worth taking a step back and considering whether you a better photo is really what you need. Maybe what you need is <em>a drawing</em>. Maybe what you need is <em>a description in words</em>. Maybe what you need is to <em>bring people there in person and show them the real thing</em>. Maybe someone else has already taken <em>a great photo that you can use</em>.</p> <p>There's no limit to the possible examples. Maybe what you think is a car problem is actually a <a href="http://www.wisebread.com/frugal-transport-bicycling">bicycle opportunity</a>. Maybe what you think is a job problem is actually a <a href="http://www.wisebread.com/the-real-deal-what-to-expect-when-starting-your-own-business">small-business opportunity</a>. Maybe what you think is a <a href="http://www.wisebread.com/rural-living-in-a-world-with-expensive-fuel">rural-living problem</a> is actually an <a href="http://www.wisebread.com/think-you-can-afford-more-house-in-the-exurbs-think-again">urban-living opportunity</a>. (Or maybe you have <a href="http://www.wisebread.com/book-review-the-self-sufficient-life-and-how-to-live-it">the reverse</a>.)</p> <p>Maybe what seems like a problem is really an opportunity to figure out that you were trying to do the wrong thing.</p> <p>If you have a problem, take a step back and think about what you're really trying to accomplish. Maybe whatever you're struggling with can be done some completely different way. Maybe it it doesn't need to be done at all.</p> <p>So, if there's some truth there, why did pointing it out make this manager I knew into such a jerk? That's easy &mdash; what made him a jerk was that he was <em>denying the truth of other people's perceptions</em>. They thought they had a problem, and he was saying, &quot;You're wrong!&quot; That's just rude.</p> <p>If someone thinks they have a problem, don't tell them they're wrong. But do encourage them to take a step back and think about what they're really trying to accomplish. Maybe whatever they're having a problem with can be done an entirely different way, or be skipped altogether.</p> <p>Maybe they really do have an opportunity, rather than a problem.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/philip-brewer">Philip Brewer</a> of <a href="http://www.wisebread.com/on-problems-and-opportunities">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/learn-all-the-frugal-skills-you-need-with-these-9-great-video-tutorials">Learn All the Frugal Skills You Need With These 9 Great Video Tutorials</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/fixing-mistakes-7-steps-for-any-situation">Fixing Mistakes: 7 Steps for Any Situation</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/avoid-these-5-pitfalls-when-moving-in-together">Avoid These 5 Pitfalls When Moving in Together</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/21-ways-to-make-a-big-financial-change">21 Ways to Make a Big Financial Change</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-secrets-of-historys-most-successful-savers">The Secrets of History&#039;s Most Successful Savers</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Personal Development fresh thinking opportunities problems Tue, 02 Oct 2012 09:37:09 +0000 Philip Brewer 954828 at http://www.wisebread.com Fixing Mistakes: 7 Steps for Any Situation http://www.wisebread.com/fixing-mistakes-7-steps-for-any-situation <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/fixing-mistakes-7-steps-for-any-situation" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/4199675334_66c3e3d61d_z_0.jpg" alt="Statue of a man with his hands covering face" title="Making mistakes" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>We all goof sometimes... Though many mistakes are minor, and don't cause much of a ripple in the world, some mistakes hurt other people and have to be dealt with quickly and completely. Here's a 7-step process for dealing with any mistake, whether it's something on a business or a personal level.</p> <h3>1. Acknowledge the Mistake Directly</h3> <p>Don't add to the mistake already made by ignoring it in the hopes that it will go away. Whether you've messed up on a customer order or forgotten your spouse's birthday, ignoring the failure won't make it seem less important; it will just make you seem like more of a jerk. Be straightforward. Directly and briefly, but honestly, acknowledge that you messed up. State specifically what you did and how much you regret it.</p> <h3>2. Take Responsibility</h3> <p>The automatic response of human nature is to jump into self-defense mode; at no time is this response stronger than when we are forced to acknowledge our own shortcomings. Resist the urge to find somewhere (or someone) to put the blame, even if it's justified. There are always extenuating circumstances, and most of us don't mean to mess up. But all the good intentions don't change the fact that you've made a mistake. Don't point fingers or use circumstances to make an excuse; doing so only makes you sound like you care more about getting out of trouble than really dealing with the problem you've caused, however unintentionally.</p> <h3>3. Apologize</h3> <p>Those two little words &mdash; I'm sorry &mdash; need to be heard by the person who's bearing the brunt of your mistake. &quot;Please forgive me&quot; is nice, too. It shows that you understand this person has a choice of whether or not to forgive the mistake. It acknowledges that you need forgiveness. And it puts the responsibility on the offended person, forcing them to either accept the apology, and thus, start moving on, or choose to ignore or refuse your apology and leave you with nothing else to do. Nobody wants to be the bad guy and refuse to accept an apology. If you don't verbally, directly apologize, however, the person who has been hurt doesn't have to make that choice to forgive and move on.</p> <h3>4. Offer a Practical Way to Make Up for the Mistake</h3> <p>In a few, rare cases, there's really nothing you can do to make up for what's been done. Perhaps you accidentally hit a neighbor's beloved family dog with your car and killed it; offering to run out and buy a new puppy isn't going to fix things, so don't offer. However, in most cases, you can think of a way to make amends. If you've broken, lost, or otherwise damaged property, you should offer to pay for it. If you've hurt someone you're close to on a deep level, you might offer to go to counseling together. If you're at a loss for what to offer, ask: &quot;What can I do to make this up to you?&quot;</p> <h3>5. Give the Other Person Time to Think and Respond</h3> <p>The deeper the hurt, the more difficult it is for a person to let go of it. Don't force an immediate response. People need time to think, to process, and to let go of hurt feelings and offense. Make your direct acknowledgment, take responsibility, apologize, and offer a way to make amends; then step back and say something like, &quot;I'll give you time to think this over.&quot; Offer another, specific time to talk so you don't forget to follow through with what you've said.</p> <h3>6. Listen and Respond</h3> <p>During both the initial conversation and when you follow up, take the time to let the other person talk. Sometimes what people need most is just to share how deeply they were hurt, or the repercussions of the mistake that's been made. Venting isn't fun to listen to, but it helps people sort through the feelings and get to the bottom line, which is where you need to both get in order to fix the mistake and move on.</p> <h3>7. Do What You've Said You Will Do</h3> <p>The last point is most important: if you've offered a way to make up for the mistake, and it's been accepted, follow through quickly. Failing to do what you've said you will only bring the mistake back in an even more unpleasant way and make it almost impossible for you to be taken seriously when you try to apologize again.</p> <p><em>How do you deal with mistakes? </em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/annie-mueller">Annie Mueller</a> of <a href="http://www.wisebread.com/fixing-mistakes-7-steps-for-any-situation">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-regular-budget-meetings-might-save-your-marriage">6 Ways Regular Budget Meetings Might Save Your Marriage</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/make-these-6-relationship-moves-now-or-youll-regret-it-in-20-years">Make These 6 Relationship Moves Now or You&#039;ll Regret It in 20 Years</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/11-signs-you-need-to-dump-your-friend">11 Signs You Need to Dump Your Friend</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/have-a-great-day-every-day-5-things-to-do-in-the-morning">Have a Great Day, Every Day: 5 Things to Do in the Morning</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-questions-couples-should-ask-in-the-money-talk">5 Questions Couples Should Ask in the Money Talk</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Development fixing problems problems relationships work and relationships Wed, 09 Mar 2011 12:36:10 +0000 Annie Mueller 501446 at http://www.wisebread.com