AcharyaCenter.com - Browse eBooks, Audios and Videos

Self-Discipline And Saving Money

0 like 0 dislike
186 views
posted in Finance by Dragonig
A great way to save money is to be aware of the fact that one has the power to define the state of his finances specifically through a conscious effort of disciplining the way one spends and controlling one's expenditures.

Self-discipline will most definitely be the key to reducing one's debts therefore increasing the possibility of growing one's savings.  And in the long run, improve one's standard of living.

According to money management book author Robert Hastings, "Undisciplined money, usually spells undisciplined person".  Therefore, if one notices how his hard-earned money seems to slip away so darned easy, then it is about time that he rethinks his ways and try to discipline his unpleasant spending habits.

One of the essential keys to successful money management, specifically saving money is to possess proper attitude.  Self-discipline is at the topmost of this proper attitudes list, of course.

Only with self-discipline that people recognize that they do have the freedom and power to do the right thing over doing as their impulses dictate.

Sounds complicated?  Well, not really.  Knowing fully the fantastic rewards of disciplined money in a disciplined person's hands should be motivation enough for one to do all that is humanly possible to achieve that elusive financial stability everyone hopes for.

Here are some helpful money saving tips.

1.  Realize that the most convenient method of building one's wealth is through saving money.  Money is the only sensible material to save.

2.  Focus expenditures on the things one needs.  Live day-by-day knowing that you have enough.  

3.  Avoid buying on impulse. Take your time when buying, especially the expensive items.  If you really need it, it would most definitely not slip your mind.  Otherwise, if you go along forgetting all about it, then it isn't really worth the money you have to spend on it at all.

4.  Credit card debts hold the number one slot as the cause for financial drains these days.  Control your spending by using your credit cards less.  Or for unavoidable circumstances when you really have to use the credit card, consider using the ones that charge less interest.  Then dump the high interest ones for good.

No matter how you look at it, saving money is so easy to do.  A little bit of imagination, some creativity and a lot of self-discipline will take you a long way in keeping hold of your hard-earned money.

Please log in or register to reply to this post.

Related posts

0 like 0 dislike
0 comments 584 views
0 like 0 dislike
0 comments 464 views
0 like 0 dislike
0 comments 475 views
0 like 0 dislike
0 comments 301 views
0 like 0 dislike
0 comments 524 views
0 like 0 dislike
0 comments 768 views
0 like 0 dislike
0 comments 259 views
0 like 0 dislike
0 comments 228 views
0 like 0 dislike
0 comments 71 views
0 like 0 dislike
0 comments 187 views
0 like 0 dislike
0 comments 66 views
0 like 0 dislike
0 comments 621 views
0 like 0 dislike
0 comments 484 views
0 like 0 dislike
0 comments 89 views
0 like 0 dislike
0 comments 274 views
0 like 0 dislike
0 comments 535 views
0 like 0 dislike
0 comments 240 views
0 like 0 dislike
0 comments 212 views
0 like 0 dislike
0 comments 682 views
0 like 0 dislike
0 comments 411 views
0 like 0 dislike
0 comments 235 views
0 like 0 dislike
0 comments 429 views
0 like 0 dislike
0 comments 496 views
0 like 0 dislike
0 comments 568 views
0 like 0 dislike
0 comments 507 views
0 like 0 dislike
0 comments 501 views
0 like 0 dislike
0 comments 221 views
0 like 0 dislike
0 comments 369 views
0 like 0 dislike
0 comments 621 views
0 like 0 dislike
0 comments 185 views
0 like 0 dislike
0 comments 546 views
0 like 0 dislike
0 comments 536 views
0 like 0 dislike
0 comments 201 views
0 like 0 dislike
0 comments 638 views
0 like 0 dislike
0 comments 492 views
0 like 0 dislike
0 comments 157 views
0 like 0 dislike
0 comments 202 views
0 like 0 dislike
0 comments 233 views
0 like 0 dislike
0 comments 524 views
0 like 0 dislike
0 comments 480 views
0 like 0 dislike
0 comments 630 views

Share Tips and Guides

Add text, links, images, videos and documents

Submit Post

Connect with us:
...