Quote: (10-19-2012 07:25 AM)RichieP Wrote:
Guys, what are your favourite resources on money management and budgeting? Any great books, sites or software for tracking/measuring things, without making budgeting into another time consuming thing "To Do"?
I've always struggled with money management and have a tendency to splurge and spend beyond my means. It's time for me to turn that around and grow up in this area - there's not much point working my ass off if I'm only going to blow it on overpriced food, partying and "stuff" and not use it for the things I really value.
I've read Ramit Sethi's book, and it was quite useful. I like the envelope method, and I've tried to stick to it (but not very well). Anything else anybody can recommend?
Your question definitely falls under the productivity subject. The thing is that as soon as you realize that you are spending too much time on something without being productive while doing it, then that's a good sign that you should stop doing it and hire someone else to do it for you.
And, hiring someone else to do something for you means outsourcing or delegating your tasks to someone else, ok? Why?
Because that way you'll be able to focus on spending time on things that you enjoy doing and you are productive at doing. For example, I've spent the last 7 years wasting my time by focusing on the wrong things when trying to earn money in one way or another. So, I have simply realized that I've had two main problems:
1) I wasn't productive at doing certain things or in other words, i was wasting a lot of my time earning a very little or no income, and
2) I wasn't enjoying it. And, when you are forcing yourself to do something, you are actually wasting your time because you are not enjoying it.
Therefore, as soon as you notice that you are spending too much time on something where you are not being productive and that you don't really enjoy doing, then you should simply stop it and focus on something else that makes you excites and alive, ok?
Now, in terms of enjoyment, here we are talking about leading and living a fulfilled and passionate life. The way you can figure out or confirm whether you're leading passionate life or not is by re-assessing or verifying your top passions or the things that you are truly passionate about, ok?
To most effectively re-assess your main passions, I warmly recommend that you read one of my favorite bestselling books that's called "The Passion Test: The Effortless Path To Discovering Your Destiny" by Janet and Chris Attwood.
By the way, this book is recommended by some of the most successful individuals and billionaire entrepreneurs such as Jack Canfield, Bob Proctor and Jay Abraham.
Hope I've helped you in a way.