October 11

How to Save Money by Changing One Personal Trait

If you want to learn how to save money then here is a way to do it that will, if applied, save you a small fortune. And here it is …

Very simply it involves being more disciplined. Before you dismiss this you will probably already know that most people struggle with discipline. They are very impulsive. Marketers understand this weakness and they exploit it to the maximum. That is why impulse items such as candy and chocolate bars surround cash registers. Are you disciplined when it comes to spending money?

So, if you want to know how to save money by exercising personal discipline then here is the BEST method that I know…

Go to your bank and withdraw the largest denomination monetary note that you can. Place it in a special part of your wallet or purse and then…

DON’T SPEND IT!

That’s it! See how long you can last without “cracking” that note. If you succumb then start the process again. Each time try to extend your financial discipline.

When you learn fiscal discipline YOU will be in control of money. MONEY will not control you.

It is a wonderful feeling to know that you can walk into any store with the understanding that you can buy many items yet choose not to.

If you want to learn how to save money there is no better method than exercising financial constraint through discipline. I constantly test myself in this way. It is a good feeling and it will build strength in you. Try it. See how long you can last.


Tags: ,

Posted October 11, 2016 by mimin in category "Finance