Comments on: Discipline and personal finance

By: Rob

Rob — Wed, 16 Mar 2011 21:32:10 +0000

One more for the list don’t procrastinate! don’t replacing important tasks, with tasks that aren’t that important. If you take the easy option you normally pay for it in the end.

By: hermes handbags

hermes handbags — Thu, 08 Jul 2010 05:49:12 +0000

Nice post. Discipline is hard for me to do day after day. Tend to be a bit lazy at times when it comes to finances. But by reading blogs like this is has definetely narrowed my focus on the important things. (in terms of finance and staying out of debt)

By: Deflabbify » Blog Archive » It’s my own fault that I’m fat

Deflabbify » Blog Archive » It’s my own fault that I’m fat — Thu, 21 Aug 2008 04:28:55 +0000

[...] right. Just like nobody cares for my finances as much as I do, nobody cares about my health as much as I do. Everyone else cares (a) about making money off [...]

By: Personal Finance Blog UK

Personal Finance Blog UK — Fri, 27 Jun 2008 08:50:39 +0000

nice article. i’ll visit this page more often

By: kentuckyliz

kentuckyliz — Tue, 11 Mar 2008 03:39:47 +0000

Hmmm, discipline is optional. As long as you have a good safety net in place, then automate your savings and investment program, you can live on the rest without having to count every penny necessarily or agonize or feel guilty or be radically frugal to the point of eating recycled grass clippings.

To insist that hairshirt discipline is required will repel the freer spirits among us unnecessarily. They can be prosperous too.

That being said, intentional cash flow planning and/or the tracking of spending means really making quality decisions about the use of one’s finite resources. There’s benefits to it besides the hairshirt. Doing cash flow planning and tracking makes me make better decisions and have a better life as a result of improved money decisions.

By: No Debt Plan

No Debt Plan — Sun, 02 Mar 2008 22:45:23 +0000

Regular reviewing of everything from your budget vs. actual spending, to investment accounts, to credit cards is definitely a step in the right direction.

Came here via FMF’s March Madness.

By: PERSONAL FINANCIAL PLAN

PERSONAL FINANCIAL PLAN — Wed, 27 Feb 2008 06:07:22 +0000

It is always important to understand what a personal financial plan is, why it is important to have one and when you should develop it. Most people sit down to deliberately consider the implications of various courses of action and select the one they will follow only when faced with changed circumstances such as a new job, a big promotion, a new baby, a death in the family, imminent retirement, child ready for college and so on and so forth. Even when they do so, their decisions are usually limited to the specific issue that has prompted them to act. This is because most people do not have a comprehensive financial plan, do not know why they need one and often begin planning too late. Poly Muthumbi is a Web Administrator and Has Been Researching and Reporting on INVESTMENT for Years. For More Information on PERSONAL FINANCIAL PLAN, Visit Her Site at PERSONAL FINANCIAL PLAN

By: Coupon Fetcher

Coupon Fetcher — Thu, 24 Jan 2008 17:30:51 +0000

By: Potbs Db

Potbs Db — Wed, 23 Jan 2008 20:40:03 +0000

Very helpful post for the anti-frugal amongst us!

By: fathersez

fathersez — Sat, 19 Jan 2008 08:52:41 +0000

I have just started to follow some of the rules that you have listed. Especialy tracking the money outflows. I withdraw money from the bank and next thing, it is gone. And I don’t remember where and why.

Now I carry a small note book with me and note the expenses down. I hope I can maintain this discipline.