Posted By Paul
I saw this article that I liked because it focused on the psychology of frugality and saving, that it is just as much of a mind game as it is a number's game.
The general theme of the article reminded me of an earlier Frugalize post:
Here are a few entries from the list with my added thoughts:
1 - Don't set goals too high: I see this one in so many places. People go from excessive spending to a super-frugal lifestyle, and they try to do it 'cold turkey'. More often than not they can't handle the dramatic change and they fall into their old patterns.
4 - Know your motivational style: This is a great point. I've talked to people about saving strategies and run into situations where their strategy would drive my crazy and vice-versa. It's important to find a system that works for you.
7 - Find a money buddy: This one is great. It is SOOO handy to have a person that I can discuss money items with that has similar goals to me and that can give me an objective opinion without their own agenda (i.e. my money buddy isn't trying to sell something).
9 - Go public: Obviously I like this one since it was what started this whole blog in the first place.
Here is the full article:
10 Ways To Fight Frugality Fatigue
This blog contains some simple tips and advice from two regular guys. We're not accountants, financial advisors, or brokers, so follow, ignore, or discuss our ideas as you see fit.