Many of us are familiar with the Dave Ramsey saying “If you will live like no one else, later you can live like no one else.” Personally, I usually say this line to myself when I’m deciding (usually too late) to work harder to get my finances back on track. Of course, Ramsey is talking about being frugal and saving money, which really boils down to making wise decisions, even if they suck for a while, because in the long run those decisions will make a huge impact. This is more than just saving money when shopping…it’s a lifestyle change that yields big results.
Little changes turn into big ones. It’s the same no matter what you apply the changes to, whether it’s saving for retirement, paying off debt, dieting, or just about anything else you can think of.
But how does one make those changes?
You would assume that would be an easy answer, and to a point it is — you have to learn what changes need to be made and then just do it. Truth be told, most people just don’t seem to get it. If they did, there would be far fewer people freaking out about their personal finances.
So how do we learn what changes to make?
How about this tip: read a freaking book. I know, that probably sounds snarky (hey, would you expect any less of me after all of this time?), but it’s true. There are many, many good books that can help you figure out what adjustments you should make. After all, making huge personal changes takes a lot of thinking. Forgive me, but it really doesn’t take a lot of thinking to sit and do nothing about your situation. Here are a few places to begin.
(Just a quick note…if you hate reading books like I do, you can probably find all of these on Audible and listen to them on your iPod or iPhone…)
From Amazon — “Farrell explains both the theory and the practice of living frugally. Frugality, he reminds us, does not mean old-fashioned penny-pinching. It means spending your money on quality rather than quantity—buying the best you can afford but the least you need. Drawing on his expertise as a financial reporter and his years of conversations with his public radio listeners, he provides down-to-earth, practical advice for every aspect of your financial life”.
From Amazon — “America’s wealthy seldom get that way through an inheritance or an advanced degree. They bargain-shop for used cars, raise children who don’t realize how rich their families are, and reject a lifestyle of flashy exhibitionism and competitive spending. In fact, the glamorous people many of us think of as “rich” are actually a tiny minority of America’s truly wealthy citizens—and behave quite differently than the majority.”
You knew I would put this on the list, right? Of course you did. ;)
From Amazon – “MP Dunleavey, personal finance columnist for the New York Times and creator of the award-winning “Women in Red” column on MSN Money, presents a radical new plan for attaining happiness—and it doesn’t involve taking money out of the equation. The secret to true and lasting contentment is learning how to spend your cash.”
Which books have made a difference in your financial life? Leave a comment and let us know!