Similarities can be drawn between two seemingly unrelated things, in this case, personal finance and working out.
To be successful in either discipline takes change as it is usually contrary to human nature.
By studying positive aspects in one facet of your life, you can learn a lot about what it takes to be successful in other areas. Below is a list of five ways that personal finance is like working out, and by learning to apply these five character traits, you can see growth in both areas.
Why are you saving money? Is it so that you can have a fat wallet, nice clothes, and a house full of toys, or is it so that you can get rid of all your responsibilities and spend your time however you want to without worrying about any repercussions?
I wanted to take a minute (see I am using my time wisely) and really think about what our goals should be as we learn to make and save money.
It’s easy to see financial problems when you’re on the outside looking in. When you see your friends wasting money on stupid things you are quick to point it out because you can’t find the logic in why they are spending their money so irresponsibly.
It really does take a strong person to admit that they have a lot to learn when it comes to money, and sometimes it’s helpful to share criticisms of the way others spend their money because it helps us realize our own downfalls. Below is a short list of some of my biggest pet peeves with money. Be sure to add some of your own in the comments below.
This month has definitely been an interesting one. We saved money, spent money, and even wasted some money as usual.
The biggest news is that we began renting out our house and moved to an apartment. Our renters move in tomorrow, and I am grabbing the last of our stuff later tonight.
The real question is whether or not our pretty drastic lifestyle changes made any financial difference. It definitely had an emotional and physical impact (I swear I’m hiring movers next time), but how has it affected our finances?
The Best Money Blog received editors choice honors in the new Carnival of Personal Finance#267, this time hosted over at Beating Broke.
Saving Money For Opportunities was chosen along with four other articles to be featured at the top of the list.
Be sure to check our some of my personal favorites below that were included in the carnival.
The Best Money Blog’s Favorites
Why are you so afraid of your own success? Do you even realize that fear is what is keeping you from reaching your goals?
The number one reason that most people fail to meet their economic expectations is fear. You must learn how to overcome this fear if you ever want to move beyond your current fiscal situation.