Good Money Habits We All Could Benefit From

Today’s post is a two parter I did a few weeks ago where I outlined the good money habits. As a bonus, I obviously talk a bit more about my past, where my love for personal finance came from, and my work preparing tax returns for low income families.

You’ll notice the article is geared specifically to single parents. Much of the tips apply to people in general, myself included.

Part 1 on Good Money Habits

Part 1 details WHY I became interested in personal finance to begin with. I wish the story didn’t involve emotional pain, but as I mentioned in my 4 phases of financial independence, I find pain often sparks the first action.

The odd paradox here is action requires us to be either experiencing extreme pain (so that we are motivated to change our environment) or action requires for that next action to be painless (so its EASY). Often, when we’re slightly uncomfortable, we tend to settle. Alternatively, if we’re faced with a difficult task but feeling limited pain in our current situation, we might still settle. That’s just me anyhow! πŸ™‚

Part 2 on Good Money Habits

In part 2, I recommend my 2 favorite money tools that I use now (with the 3rd being Personal Capital).

If you don’t know by now, it is & Both have been vital in my pursuit of financial independence.

Give each a read and let me know what you think!


4 comments… add one
  • Jon @ Be Net Worthy Dec 9, 2016, 6:45 am

    Good stuff Matt and well-done, spreading your message far and wide!

  • Mrs. Picky Pincher Dec 9, 2016, 8:50 am

    Gahh, I’m sorry you had such a rough go of it. But I think you’re right that sometimes we have to go through pain to grow into who we’re meant to be. πŸ™‚ Keep fighting the good, frugal fight!

  • Martin - Get FIRE'd asap Dec 9, 2016, 6:42 pm

    “No gain without pain”, they say, Matt. Unfortunately, this often turns out to be true but when we achieve something great through adversity, the prize is usually so much sweeter. Although that may not appear to be the case at the time.

  • Amy Dec 9, 2016, 8:35 pm

    It’s awesome to hear that you’re involved with VITA here in Chicago! I am too, although with the other big provider apart from Ladder Up. That’s my tax season side hustle as a site manager!

    I’m going to drop you a line about a media study opportunity if you’re interested in some side cash. πŸ™‚

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