We’ve talked about taking spending freezes, allowing ourselves to buy nice things every now and then, and delineating our money goals, all to help get us in the right financial mindset to save money. Another strategy I like is overcoming the immediate-gratification urge by picking something to look forward to.
Tagged With money goals
My money habits are pretty solid and that has much to do with the fact that I write about money for a living. I'm not alone. Plenty of other writers, paid or not, use blogging as a platform to get their finances in shape and document their goals. Some of the most popular money sites started out as blogs. If your finances are overwhelming, blogging can help you sort things out.
You'd think a short-term financial plan -- saving for a holiday, for example, or stashing an extra month's pay into your emergency fund -- wouldn't be hard to do. After all, you only have to tighten your belt for a limited period of time. Plus, the results come faster, and that motivates you to stay the course.
While I love writing and talking about all of the benefits of financial independence and financial progress, I'll be the first to admit that the path is difficult. Although the ideas behind personal finance are easy, actually putting them into practice is incredibly hard. So how do we overcome the challenges?