Discipline Is Your Best Friend
Like anything we do in life we need to apply a certain amount of discipline to the task at hand. Creating a budget is no different. Whether it’s recording on a daily basis what we spend or entering our spending into the ihatebudgets software programme it all requires some discipline. That’s why we have included a section on setting goals in the ihatebudgets training modules, to help you achieve what it is you really want.
By working through your goals you will begin to develop the discipline to create your budget. The next step is to continue to fine tune it to the point where it is no longer a chore, and becomes a welcomed task, because you are now in control of your finances rather than your finances controlling you.
When most people use the word ‘discipline’ they tend to think ‘punishment’. Discipline comes from the word ‘disciple’ which really means ‘to teach’ and teaching people is an important goal of discipline. Teaching people the rules of budgeting behaviour helps them to achieve financial independence. However, firm but user friendly discipline is called for otherwise people are in for a rude shock because they will find it difficult when it doesn’t have to be.
Comment by Anthony Sider — 26 March, 2010 @ 2:52 pm