Weekly Round-Up: The ‘Sacrifice and Dedication’ Edition

October 2, 2007 · Filed Under , · Comment 

Anyone who has struggled with debt knows the sacrifice and determination that is required to overcome it. Not only does it require you to change your spending habits, but in many cases it requires you to change your overall lifestyle. It is with this in mind that I present some excellent posts that I have bookmarked this past week in order to pass them along to you. Hope you get as much out of them as I did.

  • Golbguru at Money, Matter, and More Musings wrote a post yesterday titled Crossing Generations: Being Grateful For What We Have And Some Reflections On The Future that I thought was very insightful. In it, he discusses how his parents struggled through tough financial times early in their marriage yet still made the most of their lives. When you think it is too difficult to get your finances in order just look at the many blessings in your life. It is very hard to wallow in self-pity when you are being thankful for what you do have.
  • Do you find it hard to cut back on your spending and become more frugal? Stephanie at Stop The Ride! has a post titled Frugality Sometimes Requires Perseverance that can be of assistance. She talks about being persistent when it comes to reducing debt. She makes the point that eventually frugal living will become a habit. Often the “frugal option” takes more time but will cost less in the long run. Stick to your guns and stay dedicated.
  • Fire Finance has an article titled Top 5 Money Mistakes! that breaks down the big mistakes that people make with their finances. I found #2 – No clarity about what is and is not important to us, to be the biggest reason why I got into such large credit card debt. I never really examined where I wanted to be financially and where I currently was. I clearly had my head buried in the sand.
  • Matt over at One Million and Beyond had a very introspective post titled Accepting Financial Responsibility. He explains the benefits of accepting responsibility for your debt as your own mistake and dealing with it. Matt says “living in fear of your debts is not a way to live.” Very true!  Instead, admit to your mistakes and dedicate yourself to not making the same ones again.
  • Also remember that while cutting back costs you have many resources to aid you. Two posts this week provided excellent tips for dressing the part while not breaking the bank, one was authored by Mrs. Micah as a guest post on my site, titled Frugal Wardrobes for the Style-Impaired, and the other by Plonkee Money titled Fake It Till You Make It. Both excellent reads.

That’s all for now, happy reading!

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