Comments on: Financial Priorities And Principles

By: Finavigation

Finavigation — Sat, 21 Nov 2009 01:48:50 +0000

Succeeding financially boils down to having the right mindset, learning what you need to do, planning it all out properly, and then executing your plan.

The execution part is fairly easy and straight forward – spend less than you earn, get/stay out of debt, and acquire assets that appreciate in value – in that order.

Clearly this is easier said than done, but if you have patience and can focus on doing what you need to do to improve your financial situation, anybody can achieve financial success.

Great post on the priorities/principles and incorporating them into your financial decision-making.

By: Moneymonk

Moneymonk — Thu, 19 Nov 2009 18:04:09 +0000

I think the hardest part is staying on track and remaining discipline

By: The Zen Capitalist

The Zen Capitalist — Sat, 14 Nov 2009 07:29:19 +0000

I think a great priority would be to “reinforce” your financial principles by continuously reminding yourself of them.

Often times you forget what your priorities are or goals even. “Forget” probably is the wrong term, but rather you “lose track of” and are led astray by bad habits that hold you back financially.

Great post!

Zen

By: Jackie

Jackie — Fri, 13 Nov 2009 17:50:05 +0000

I have a list of financial priorities (I do a list of goals each year that I check on regularly) but I think I need to revamp them so that there is only ONE priority at a time. I also love the idea of spelling out specific principles like that.

By: B Simple

B Simple — Thu, 12 Nov 2009 15:23:52 +0000

Having financial priorities and principals is key to keeping your personal finances simple. Know your principals and priorities makes it easier to make short term and long term financial decisions. Simply writing done your priorities and principals is a great help. Nice post.