Comments on: Tips for Making Your Personal Finance Resolutions Stick- Turn Your Resolutions into Habits

By: RC

RC — Sun, 25 Jan 2009 16:00:14 +0000

@TStrump- That’s a good idea-sometimes your friends can help you stick to your goal, as they can be very powerful influencing us- peer pressure, I guess!

By: TStrump

TStrump — Sat, 24 Jan 2009 23:59:10 +0000

Telling others is definitely a great thing to do, because they can help hold you accountable.
I need my friends to kick my butt every once in a while.

By: Carnival of Personal Finance No. 188: The Jane Austen Edition | Pecuniarities

Mon, 19 Jan 2009 14:01:03 +0000

[...] Think Your Way To Wealth presents Tips for Making Your Personal Finance Resolutions Stick- Turn Your Resolutions into Habits [...]

By: RC

RC — Sun, 11 Jan 2009 15:57:23 +0000

@Surviving-Thanks! That is a good way to look at taking on additional recurring expenses.

By: Surviving A Recession

Surviving A Recession — Fri, 09 Jan 2009 16:22:00 +0000

Fantastic advice. Some goals seem so unattainable until you break them into smaller pieces. Then it is much easier to know the habits you have to change to accomplish the goal.

i look at my finances differntly than other people. I try to never incure recurring monthly expense except for the basics which cannot be avoided. I try to never purchase something until I have made the extra income necessary. So, if i want that new car, then i have to not only make the down payment but also add the monthky cost of the new car to the bottom line. meaning, i have to generate the extra income. if i cannot figure out how to generate the extra income then I just don’t get the new car.

By: RC

RC — Fri, 09 Jan 2009 11:49:52 +0000

@Financial Planning- That is a good point and definitely true- if you can cut back or eliminate larger expenses, it can make a really big impact quickly.

By: Financial Planning for Expectant Parents

Financial Planning for Expectant Parents — Wed, 07 Jan 2009 18:58:33 +0000

When you are looking to save some money, I find it most helpful to list your expenses from the largest to the smallest. It really helps focus your energy on where you can make an impact. Too many people spend their time trying to shave a few dollars from the smaller items (which can be easy and worthwhile), but cutting one of your bigger expenses by just 5% could put a lot more savings into your pocket than things like packing your lunch twice per week.