[HELP] Need to Get a Handel on My Speanding

I

IncomeSlayer

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Jul 16, 2009
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My new year's resolution is to become better with money.

I'm looking for some good reading on the topic of finance I currently do pretty well but no matter how much money I make i'm always broke money simply burns a hole in my pocket when i have it and I have to spend it. I need to discipline myself on the topic and get a handle on this situation.

I'll never be happy if I can't get a real hold on spending and managing my money.


Any books or suggestions on the topic would be highly appreciated.
 


Most personal problems are easy to solve.

If you're fat, stop eating and do more.

If you smell, wipe more and use deodorant.

If you spend too much, stop spending.

It doesn't get simpler.
 
If you're fat, is because you feel like eating more. The feeling is there.

If you smell, maybe you naturally smell. Is always there with you

If you spend too much is because you trained to spend too much.

Is hard to make feeling go away. Maybe get one of those accounts which is refuse you to spend more than $20/day.
 
I agree. But one thing I think you should spend some money on is a dictionary. Or maybe just a spell checker.
 
Tight said:
If you're fat, is because you feel like eating more. The feeling is there.

If you smell, maybe you naturally smell. Is always there with you

If you spend too much is because you trained to spend too much.

Is hard to make feeling go away. Maybe get one of those accounts which is refuse you to spend more than $20/day.
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lol I called you an attention whore in this thread. Now you're mirroring my post. That's actually pretty funny.
 
you is thinking too much about me. me not really care what you say. sorry friend.
 
Pleasure vs. Pain

1. Associate pleasure with saving and being smart with money.
2. Associate pain with spending too much money.

You associate pleasure with buying useless "shit," probably because of some unresolved insecurities you have.

Go download Get the Edge by Tony Robbins
 
Just keep a spreadsheet of your expenses, categorized, or do the same with Mint.com. Frankly, I haven't tracked my personal expenses nearly as well as I track my affiliate business - And things have changed significantly over the past year since graduating college, buying a car, having a job + more affiliate marketing income, joining a gym, having insurance & gas to pay for, etc. Not that I'm unhappy or worried about my expenses, but I actually started making a spreadsheet earlier to see where exactly my money goes.

My guess is that I'm probably spending more on going out to eat lunch almost every day, and less on groceries than I estimated, but I guess my cheap jew genes and my jew finance genes help me manage money pretty well. Every think of converting to Judaism? That might help with the whole money management thing... :D
 
Going to sit down and read The Richest Man in Babylon tonight also got done with Eat that frog last night kick ass book pretty much do as described but would like to practice it a little more
 
A simple way to control spending (mostly for guys):

-In the mornings, write a dollar amount on the mirror that corresponds to what you would like your balance to be at the end of the day.

-In the evenings, count your money and see if it is greater than or equal to the amount you wrote down that morning.

-If it is, you're good. If not, punch yourself in the nuts as hard as you can.

After a few days, you should have realistic financial goals and a good solid control over your spending.
 
Free Personal Finance Software, Budget Software, Online Money Management and Budget Planner | Mint.com - easy to use, and it gives you alerts.


Also, a Handel?

Haendel.jpg
 
You should check out Dave Ramsey. His two big books are Financial Peace and The Total Money Makeover. I use to have a girlfriend that was having some money problems and tried his stuff for awhile - it worked until she got lazy and starting running up her credit card again. He's on the radio three hours a day every week day and has a tv show on Fox Business so it's pretty easy to expose yourself to his stuff.

His prescription for money management is to make a serious and honest budget ahead of time. The idea is that you need to need to have every dollar assigned to a category and then stick to that. You take control of your money rather than wondering where it all went.

Figure out your categories (start with essentials like rent, utilities, insurance, car payment, and work your way up to luxuries like food and entertainment and savings) and the amounts that go in each then put each of those amounts in separate envelopes (a lot of the Ramsey people carry an accordion file). Then you spend only the money from that envelope on that category. Worked up your budget and figured out you can spend $75 a week eating out? Once you've spent that $75 in the eating out envelope, you can't eat out any more that week. Don't dip into the gas bill envelope to go out to Burger King.

It requires some planning and discipline but it's not rocket science. You don't want to carry plastic or you're going to do something stupid - you don't want to spend more than you make.
 
Skippy McGee said:
You should check out Dave Ramsey.
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I read a recent article about Ramsey in The Atlantic. The author said Ramsey doesn't accept credit cards on his website (only debit). She tried to use a Capital One card; the website took her to task and declined the transaction.

I laughed. Good on Ramsey for being consistent.
 
I found that writing down whatever I'd spent money on at the end of the day was a good way to bring some attention to your spending. Or perhaps you could draw a picture of anything you're going to spend money on, and at the end of drawing the picture, if you still want it, get it, if not, then walk away. If you can find some way to pay more attention to what you spend your money on you'll realize that you don't need to buy most of the crap that you do.

Also, try and go for a week without spending anything, you'll see how little you can live off. I went for a month not buying anything more than the food that I ate, and even then I bought cheap stuff.
 
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