Comments on: Improve Your Financial Life With Five Daily Actions

By: Steve Orris

Steve Orris — Thu, 18 Dec 2008 22:54:35 +0000

Great advice. Tell you what; you help me lose about 10 pounds around my middle and I’ll help you with your finances. Deal?

By: A musing and links « I’m not the man - I’m just His representative.

Sun, 14 Dec 2008 06:59:05 +0000

[...] Improve Your Financial Life with Five Daily Actions (@ FrugalDad) [...]

By: Frugal Friday Link Love | My Financial Recovery

Frugal Friday Link Love | My Financial Recovery — Fri, 12 Dec 2008 14:14:09 +0000

[...] Frugal Dad has five daily actions we can take to improve our financial lives. [...]

By: Rob Madrid

Rob Madrid — Fri, 12 Dec 2008 12:38:59 +0000

I’m the same, budget/savings is going much better than the diet, unfortunatly as you get older you have to eat even less to avoid gaining wieght much less losing it.

I switched from a computer program to a notepad and I find it much easier to track everything, simple write it down and add it up.

By: Craig

Craig — Thu, 11 Dec 2008 21:00:53 +0000

Having passive income is something I would love to have, although not as easy to began making. I agree a few dollars a day adds up at the end of the month.

I like your tip about reading something educational. I have begun doing that and through the blogs, books, etc, find people like myself in similar situations. From there I learn how they handle things and helps me with my situations.

By: Money Minder

Money Minder — Thu, 11 Dec 2008 19:18:41 +0000

It’s reassuring to know I am not the only one who likes to reconcile my bank accounts and re-visit our budget on a daily basis. I don’t feel so self-conscious about it now.

By: Andy @ Retire at 40

Andy @ Retire at 40 — Thu, 11 Dec 2008 19:09:39 +0000

You’re right, you need to win the daily battles to win the long-standing war. I have myself a long standing goal of retiring at 40 but each and every day I know I am that little bit closer.

Here’s an interesting touch though. Since I started sorting out my finances three months ago, I have been eating healthier, spending less, exercising more and yesterday I’d realised I’d lost 5kg! Hadn’t weighed myself in all that time … that was a pretty bonus

By: TStrump

TStrump — Thu, 11 Dec 2008 19:00:36 +0000

Instead of a journal, I update my financial software on a daily basis.
I also reconcile all my bank accounts (using the software) and always know what’s outstanding or what’s coming up.
I try to use cash as little as possible because it’s so hard to lose track. Most things go on my credit card (it’s a cashback card) which I pay off each month.
The biggest challenge for me is the passive income – it takes a lot of work to get it going, so, it’s not really passive, initially.

By: Scordo.com

Scordo.com — Thu, 11 Dec 2008 17:18:04 +0000

I think one also needs to think about how improving your financial life can help you get to some goal in the future.

I’ve always thought that getting on the right financial track has to have some real motivation behind it (I, for example, stick with my financial goals not because I love the idea of multiple streams of income (or passive income) but rather because I want financial security in the future). The little steps are critical for the right financial track, but it’s the big goals that will keep you motivated!

Scordo.com

By: Frugal Dad

Frugal Dad — Thu, 11 Dec 2008 16:47:36 +0000

@Leslie: That is certainly an option, and something I have tried with a few of my debts in the debt snowball. Of course, you’ll pay a little more in interest over time because the interest on things like credit cards is probably higher than the savings account. Still, psychologically it is nice to have that extra cushion and then kill off all the debt is one swoop.