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Goals for March 9th, 2010

posted by Aspiring Millionaire 8:31 AM
Tuesday, March 9, 2010

Here are my goals for this week. Your feedback would be greatly appreciated.

1. Tidy up my apartment. A cluttered apartment = a cluttered brain = cluttered finances.

2. Make plan to monetize MyMillionairePlan.com. I own three other websites that generate income for me every month. I am considering doing it here.

3. Do budget for March. I keep forgetting to do this. This needs to be put together asap.

Gratitude: I am grateful for all of the personal financial bloggers that I have become friends with. You all have really helped me out so much.

The Psychology of Automation: Building a Bulletproof Personal-Finance System.

posted by Aspiring Millionaire 9:21 AM
Saturday, March 6, 2010

Ramit Sethi is becoming one of my favorite bloggers. Check out this amazing article!

Change

posted by Aspiring Millionaire 8:30 AM
Thursday, March 4, 2010

The Food Puppy

Today I am referring to the difficulties I have had with eating out as my “Food Puppy”. It’s been like a puppy because  it’s a small issue, yet it’s taking up a good amount of energy (money). Unfortunately, food isn’t as cute as a puppy, but I do find myself staring at pictures of steak.

As I have mentioned recently, eating out is down to less than 3 times a week. It’s weird to say it, but it’s become normal for me. I am starting to prefer food at home over dining out. At one point in my life, I was spending about $700 a month on restaurants and fast food. I knew that I would get this under control and I am so happy it did.

Since I began eating at home more, I’ve noticed more money in the bank, a better relationship with my girlfriend, a cleaner apartment, and a happier me. In the Seven Habits of Highly Effective People: Restoring the Character Ethic, Steven Covey talks about how the path to self-esteem starts with making and keeping commitments to yourself. He makes it seem so simple.

Now that I have gotten a handle on eating out, I can honestly say that most of my expenses are under control. My mentor suggested trying to look to save money in every category of my life and I will continue to do so. He told me to make a game of it and that’s what I plan on doing.

Making a game of cutting expenses has been a blast so far. I feel a profound sense of pride about my financial situation in a way that I have never ever felt. For me, frugality is about getting the most out of life and I can honestly say that life has been great. 2010 has been off to a great start.

The Debt Dinosaur

I recently went to the Museum of Natural History in New York City. It was a wonderful experience overall, but the most exciting part was the dinosaurs. Dinosaurs were HUGE! I started to imagine what life would be like if they still existed. Zoos would really have to be modified to contain those creatures.

Like many people, I feel like my debt is huge. My debit is my dinosaur. It’s time for me to get on the path to making my dinosaur extinct!

I have decided to do Dave Ramsey’s Debt Snowaball Plan. According to Dave Ramsey, it’s important to knock out small debts first. Psychologically, this good because you start small. As you start seeing more debt getting paid off, you become even more driven to get rid of your debt.

I know I can do it.

I want to do it. It’s time.

It’s uncomfortable.

It’s necessary.

It’s what I need to do if I want to become a millionaire.

How do you tackle your debt?

Gratitude: I am grateful for a wonderful performance last night in New York City. I love playing music for a living and am so glad that I chose this as my career path.