Comments on: Forgotten Money http://blog.canadian-dream-free-at-45.com/2009/12/17/forgotten-money/ Tue, 07 Feb 2012 18:14:07 +0000 hourly 1 http://wordpress.org/?v=3.1 By: JMK http://blog.canadian-dream-free-at-45.com/2009/12/17/forgotten-money/comment-page-1/#comment-40323 JMK Fri, 19 Feb 2010 15:49:22 +0000 http://blog.canadian-dream-free-at-45.com/?p=1217#comment-40323 Guilty. Finally claimed an eyeglass expense from March 2009. Just procrastinated about sending it first to my husband's plan to get the official "rejection" for exceeding the annual amount he can claim. Then had to resubmit to my plan for reimbursement. Maybe if it had been for $300 I would have gotten it done sooner, but for $75 I keep procrastinating. Not that $75 isn't significant, but apparently it wasn't enough to make me download the two sets of forms and do the double submission. Guilty. Finally claimed an eyeglass expense from March 2009. Just procrastinated about sending it first to my husband’s plan to get the official “rejection” for exceeding the annual amount he can claim. Then had to resubmit to my plan for reimbursement. Maybe if it had been for $300 I would have gotten it done sooner, but for $75 I keep procrastinating. Not that $75 isn’t significant, but apparently it wasn’t enough to make me download the two sets of forms and do the double submission.

]]> By: David Krueger MD http://blog.canadian-dream-free-at-45.com/2009/12/17/forgotten-money/comment-page-1/#comment-37955 David Krueger MD Tue, 29 Dec 2009 13:07:06 +0000 http://blog.canadian-dream-free-at-45.com/?p=1217#comment-37955 Excellent article and timely reminder. Here’s a comment on the same notion from a different angle: French Fries, Credit Cards, and Debt Psychology: The Behavioral Economics of Small Decisions http://tinyurl.com/y9abzq5 Excellent article and timely reminder.

Here’s a comment on the same notion from a different angle:

French Fries, Credit Cards, and Debt Psychology: The Behavioral Economics of Small Decisions

http://tinyurl.com/y9abzq5

]]> By: Caitlin http://blog.canadian-dream-free-at-45.com/2009/12/17/forgotten-money/comment-page-1/#comment-37534 Caitlin Fri, 18 Dec 2009 15:13:23 +0000 http://blog.canadian-dream-free-at-45.com/?p=1217#comment-37534 I can totally relate to the forgetting one! My latest one was dental claim forms too. When I finally got my act together and mailed it (it was my first claim with a new dentist, so I couldn't do it online because my insurance company makes the first claim be on paper) it was worth $220! When I get a gift card, I carry it around in my wallet. This sometimes get a bit annoying, but if I ever happen to end up at that place, the gift card is there and ready to use. This is also why I much prefer "generic" gift cards like the VISA ones - then I can use them anywhere and don't have to worry about being at the "right" store. I find keeping track of the amounts left is easy. I usually try to use the full value in one go. It takes like 8 seconds to use two forms of payment. I carry a mini Sharpie in my purse anyway, so if I don't use the whole value, I jot down the remaining value right on the card itself. Simple! I can totally relate to the forgetting one! My latest one was dental claim forms too. When I finally got my act together and mailed it (it was my first claim with a new dentist, so I couldn’t do it online because my insurance company makes the first claim be on paper) it was worth $220!

When I get a gift card, I carry it around in my wallet. This sometimes get a bit annoying, but if I ever happen to end up at that place, the gift card is there and ready to use. This is also why I much prefer “generic” gift cards like the VISA ones – then I can use them anywhere and don’t have to worry about being at the “right” store.
I find keeping track of the amounts left is easy. I usually try to use the full value in one go. It takes like 8 seconds to use two forms of payment.
I carry a mini Sharpie in my purse anyway, so if I don’t use the whole value, I jot down the remaining value right on the card itself. Simple!

]]> By: Canadian Dream http://blog.canadian-dream-free-at-45.com/2009/12/17/forgotten-money/comment-page-1/#comment-37521 Canadian Dream Fri, 18 Dec 2009 11:44:57 +0000 http://blog.canadian-dream-free-at-45.com/?p=1217#comment-37521 @ deegee, Mmm, I should try keeping the gift cards with my cash. Perhaps that would help. Thanks for the idea! @ Dana, That's a good one. Another I thought of while reading your comment is not taking all the time off that people qualify for. Thanks, Tim @ deegee,

Mmm, I should try keeping the gift cards with my cash. Perhaps that would help. Thanks for the idea!

@ Dana,

That’s a good one. Another I thought of while reading your comment is not taking all the time off that people qualify for.

Thanks,
Tim

]]> By: Dana http://blog.canadian-dream-free-at-45.com/2009/12/17/forgotten-money/comment-page-1/#comment-37488 Dana Thu, 17 Dec 2009 17:46:43 +0000 http://blog.canadian-dream-free-at-45.com/?p=1217#comment-37488 I have had to follow up on rebates that I was entitled to but for some administrative reason or another were not processed. I am sure that companies manage to hang onto a lot of money by not processing rebates or because people simply forget to submit the forms. I have had to follow up on rebates that I was entitled to but for some administrative reason or another were not processed.

I am sure that companies manage to hang onto a lot of money by not processing rebates or because people simply forget to submit the forms.

]]> By: deegee http://blog.canadian-dream-free-at-45.com/2009/12/17/forgotten-money/comment-page-1/#comment-37478 deegee Thu, 17 Dec 2009 14:29:42 +0000 http://blog.canadian-dream-free-at-45.com/?p=1217#comment-37478 The gift card thing I can relate to. The generic ones (i.e. Visa) are annoying to redeem sometimes, because the clerk has to know how to process it in case you are buying more than what the card is worth (and pay the difference by other means). I always try to use those generic ones in one shot, too. Store-specific ones are easier to use, so not using its value in one shot is not as crucial and may not always be possible. I have sometimes forgotten to use them when I had a chance to, and I don't buy a lot of "stuff" so I don't get too many chances. What I do to help remind myself to use them is to put the gift card in the same part of my wallet as my cash (instead of the card holder which for me is a totally separate holder). I do that with coupons, too. I can't say I have encountered any of the other gaffes you have. The gift card thing I can relate to. The generic ones (i.e. Visa) are annoying to redeem sometimes, because the clerk has to know how to process it in case you are buying more than what the card is worth (and pay the difference by other means). I always try to use those generic ones in one shot, too. Store-specific ones are easier to use, so not using its value in one shot is not as crucial and may not always be possible.

I have sometimes forgotten to use them when I had a chance to, and I don’t buy a lot of “stuff” so I don’t get too many chances. What I do to help remind myself to use them is to put the gift card in the same part of my wallet as my cash (instead of the card holder which for me is a totally separate holder). I do that with coupons, too.

I can’t say I have encountered any of the other gaffes you have.

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