Tuesday, December 30, 2008

The countdown continues

#4
Avoid Frugality Burnout from Frugal Village

I like to compare money management to things like weight management and exercise because they have similar principles. To save money, you have to spend less than you earn. To lose weight, you have to burn more calories than you consume. In the short term, most people can simply eat less and exercise more, but many people burn out quickly and return to old habits. Likewise, people get tired of scrimping and saving all the time and feeling like they are not having as much fun as the next person. This article reiterates the focus on the long-term goal while celebrating small steps .

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