Besides the one that a few others have mentioned (recording every penny you spend/make/etc), I think my personal MOMA is quit making excuses and take responsibility. I always told myself that the reason I couldn't save was because I had too much to pay for, too little time to do more, etc etc etc. Most people look at thier finances as out of thier own control and willpower. When you finally find a way to say no and not make up an excuse, you'll be doing much better. Now. I need to keep following that advice...
MOMA
August 20th, 2007 at 04:09 am
August 20th, 2007 at 04:33 am 1187584412
That said, yes, I was talking to a friend earlier tonight, and he too had plenty of reasonable-sound excuses, but the bottom line is plain as day: No money saved and invested means no money saved and invested.
There is a time for thought, but there is a time for action as well. And that time is here and now.
August 20th, 2007 at 11:22 am 1187608940
Broken Arrow - MOMA is acronym of "My One Money Advice". It's a meme that I started this Saturday to promote financial responsibility using the combined power of bloggers. You can see more detail here:
http://www.moolanomy.com/88/my-one-money-advice-meme/
If you have a blog, please feel free to jump in.
August 20th, 2007 at 03:02 pm 1187622164
August 20th, 2007 at 03:44 pm 1187624690
Like if GM goes down the drain, why should my tax dollars go to prop up an inefficient car brand? Like if people were stupid enough to buy sub-prime mortgages, why should my tax $$ bail them out?
August 20th, 2007 at 04:13 pm 1187626435