Posts Tagged ‘en passant’

7 Habits of Highly Frugal People

October 20, 2010 Leave a comment

Cover of "The 7 Habits of Highly Effectiv...

Cover of The 7 Habits of Highly Effective People


Posted By Guest Contributor In Frugality | 74 Comments

The book 7 Habits of Highly Effective People [1] has sold over 15 million copies since it was first published in 1989, teaching people all over the world how to live a happier, more successful and more satisfying life. One of the prevailing themes of the book is the fact that to change your life you need to change your attitude because no one else is responsible for what happens to you but you, so you can either complain about the things you don’t like in your life or you can set about changing them. Not surprisingly, this directly relates to the state of your finances.

If you are tired of living week to week, of having your phone regularly cut off or having to make excuses to skip dinners with your friends if the money has run out before the end of the month then you can use the seven habits of highly effective people to take control of your money situation and live a more frugal lifestyle, and a happier one.

Habit One: Be Proactive

The first habits of highly effective people is to take responsibility for your life, there is no one else to blame but yourself. Regardless of how you were raised or how you were treated at school you are able to choose your behavior now. Being proactive means understanding that you are in control of the direction your life takes and in control of your day to day interactions. Whereas a reactive person is often affected by their environment and will find external sources to blame for their behavior, for example if the weather is good they are in a good mood but if the weather is bad it affects their attitude and so the weather is to blame for their bad mood.

However what most people forget is that between the stimulus and your response is your freedom to choose your response, and one of the most important things you choose are your words. The language you use is an effective indication of how you see yourself and if you use proactive language such as ‘I can’ or ‘I will’ you are starting with a more positive attitude than a reactive person who uses language like ‘I can’t’ or ‘I have to’ or ‘if only…’

How to be proactive for effective frugality:

  • Take the first step. You cannot take control of your finances until you make the commitment to do so because the more you ignore the situation the worse it will get. Instead take a long hard look at your finances and your budget, your debts, income and expenses and understand where your money is going and where you can budget better.
  • Tell people. Using proactive language to vocalize your goal of being more frugal and more financially responsible not only helps you crystallize your goal but can also help you avoid the peer pressure which can make budgeting and frugality hard. If you explain to your friends and family how you are trying to live a more frugal lifestyle then they are less likely to pressure you into one more round of drinks at the pub or dinner out, again.
  • Listen. Listen to yourself and listen to the reasons you give each time you make a purchase outside of your budget or decide not to put those spare funds into your savings account. Taking the time to stop and listen to the reasons you give yourself for spending more than you earn will give you the opportunity to hear just how shallow many of those reasons are, and can stop you from making purchases which can impede your goal of effective frugality.

Habit Two: Begin with the End in Mind

Those who are effective in achieving their goals are able to envisage their end result despite the obstacles. Highly effective people adhere to this habit based on the principle that all things are created twice, there is the first mental creation and then the second physical creation, and the physical creation follows the mental creation in the same way as the building follows its blueprints.

If you don’t visualize what you want out of life then you are at risk of other people and external circumstances influencing your life because you are not influencing it yourself. Instead begin every day and every task with a clear vision of where you want to go and how you’re going to get there and make that vision a reality with your proactive skills from habit one.

How to visualize effective frugality:

  • Define your goal. There are many ways to live a frugal lifestyle and you need to decide on how frugal you want to be. Do you want to be debt free, do you want to build a savings account balance of a certain value or do you want to be able to live on one income in a two income household?
  • Decide how you’re going to get there. This will again draw on your budget, but you also need to be aware of the obstacles which are standing in your way. These may be literal obstacles such as credit card debts, or they may be obstacles you have identified in your behavior; for example are you spending $10 every day on junk food on your way home from work because you’re starving when you could be packing a two dollar muesli bar or a low GI lunch to keep you going until dinner. Or do you find that when you go shopping with your sister she always helps you justify a frivolous purchase when you could leave your credit card at home.

Habit Three: Put First Things First

Knowing why you are doing something is an effective motivator in helping you take the mental creation and transform that into an actual physical creation of your goal. Therefore ask yourself which are the things you find most valuable and worthy to you. When you put these things first you will be organizing and managing your time around your personal priorities to make them a reality.

However for many people it is hard to say no but this is exactly the skill you have to learn to be able to keep your goals as your first priority. While we have all of these time-saving devices and we are told we can have it all if we just achieve that elusive work-life balance in reality having it all is really about prioritizing which it is most important to you to have, and then doing that properly.

How to put effective frugality first:

  • Recognize the effects of your finances. You may not dedicate as much time as you should to managing your finances and practicing frugal principles because you feel there is always something more important to be doing, whether it is work, taking the kids to soccer practice or getting ready for dinner with the girls. However if your finances are not under control and you are regularly spending more than you earn then this is having a negative impact on every other aspect of your life from your work to your family to your friends. Therefore you need to recognize that being frugal is your first priority.
  • Just say no. It is easy to spend more than your budgeted amount each month when you are worried about missing out on a dinner with friends, feel as though you have to cater a birthday party for your son and 50 of his closest friends or you can’t possibly wear the same suit you wore last year to a work conference. However if you recognize that you don’t have to take on everything and that it is all right to say no then you will find you are more in control of your spending and your budget.

Habit Four: Think Win-Win

Growing up most of us are taught to base our self-worth on comparisons to others and competition against our peers. We think we can only succeed if someone else has failed and if you win then that must mean I lose, and that there is only so much pie to go around and if you get a big piece then I’m going to be missing out. When you think like this you are always going to feel like you’re missing out on something and that’s not fair is it? As a result many of us retaliate and take the pie before someone else can take it from us.

Thinking in a win-win mindset allows you to see mutual benefits from all of your interactions and as a result you will see that when you share the pie it tastes even better. If you are able to approach conflicts and problems with a win-win attitude then by showing integrity and standing up for your true feelings and values allows you to express your ideas and feelings with courage while having consideration for the feelings and ideas of others. When you focus on an abundance mentality you are able to see that there is enough for everyone and you can see that balancing your confidence with empathy you can achieve your goals while helping others achieve theirs.

How to create frugal win-win situations:

  • Recognize that you don’t always know the full story. As you aim to implement frugal principles and stick to a budget you may often find yourself thinking ‘it’s not fair’. It’s not fair that they get to go out to dinner it’s not fair that they get a new car it’s not fair that they get to go on holiday and I don’t. However take the time to realize that you are only seeing a small part of the finances of your friends and family who seem to ‘have it all’ and that even though your best friend is taking the European holiday which was your dream or your brother is buying a sports car before you are, if you manage your finances frugally you will get there too and there will still be plenty of holiday destinations and plenty of fast cars when you do.
  • Understand the difference between possessions and net worth. While your friends and family may seem to have a fuller lifestyle because their house is bigger or their car is newer you need to consider how much debt they are hiding behind those possessions. True wealth is not measured in possessions but in assets and when the value of your assets is greater than the amount you owe in mortgages, car loans and credit card debts then you have a strong net worth and are truly wealthy and in aiming to live a more effectively frugal lifestyle you will be able to achieve true wealth rather than just a life full of stuff.

Habit Five: Communication

Communication is often the desire to be heard and understood and most people will listen with the intention to reply to what you’re saying rather than to understand what you have said. However to effectively communicate you need to first understand and then be understood because if you communicate with the sole intention of being understood you can find that you ignore what others are saying and miss their meaning entirely.

How listening can help you be effectively frugal:

  • You are not the only person in your life. Chances are you are married, in a relationship, have children or all of the above. As a result you are not the only person being affected by your decision to live a more frugal lifestyle and to be effective in your goal of frugality you need to be able to listen to and understand the goals and behaviors of the other people in your life. For example consider how effective your frugality would be if you were taking packed lunches to work and avoiding the afternoon coffee run but your partner was still going shopping in their lunch break; instead of living a more frugal lifestyle you are just ending up with more stuff.
  • Understand the goals and needs of others. While it is important to explain your desire to live more frugal lifestyle, it is also important that you understand the goals and needs of your family so that you can find a way to be more frugal without them having to give up all of the things which are most important to them and you can’t know what those things are unless you listen.

Habit Six: Synergize

Interactions and teamwork are some of the most important ways you can learn new skills and more effective behaviors. To synergize is the habit of creative cooperation where you work as a team to find new solutions to existing problems. Synergy is not something which just happens but is a process where you need to bring all of your personal experiences and expertise to the table to enable more effective results than you would have been able to achieve individually – the whole is greater than the sum of its parts.

When you have genuine interactions with people you are able to gain new insights and see new approaches to your problems which you would not have otherwise thought of.

How to synergize for effective frugality:

  • Look for new ways. In a society which has become so good at consumerism you have probably already realized that you need to find new ways of doing just about everything to be frugal. It is easy to buy your lunch every day but it is more frugal to take a packed lunch. It is easy to drive to work but it is more frugal to catch the train. It is easy to buy a new cocktail dress but it is more frugal to make one.
  • Surround yourself with other frugal people. To be successful surround yourself with people who are where you want to be and whether you join online forums on frugal living [2] websites or strike up a friendship with the woman who runs your local op shop you will be able to share ideas and learn from others to be successful.

Habit Seven: Sharpen the Saw

You are the greatest asset you have on your journey to achieving the lifestyle you want and so you need to look after yourself physically, emotionally, mentally and spiritually. When you take time to renew yourself in all four areas of your life you are creating growth and change which allow you to continue with the previous six habits you have mastered, which still need to be maintained to achieve success.

How to frugally renew yourself:

  • Physically. By eating better you will feel better and if you start your own vegetable patch for example you will be able to save at the supermarket and will be eating better at the same time. Exercising keeps you fit and healthy and it doesn’t cost you anything to go for a walk or bike ride or even skip rope in the backyard. To rest your body you don’t need to go to a day spa you can simply slide into the tub at home and relax.
  • Emotionally. Interacting socially with others allows you to make meaningful connections and this can come back to a conversation with the woman at the op shop or even scheduling in coffee and a chat with your mum once a week.
  • Mentally. Exercising and expanding your mind through learning, reading, writing and teaching can be done frugally at your local library or even by volunteering at a school or retirement home to teach others a skill you may be taking for granted.
  • Spiritually. Spending time close to nature to expand your spiritual self through meditation, music, art or prayer can be done frugally by taking a quiet moment to center yourself and empty your mind before you go to bed or going for a bush walk and being grateful for the beauty of nature surrounding you.

Frugality does not mean having to give up all the luxuries and things which make you happy because if you go through developing habits 1 to 6 without spending the time to renew yourself this is how you burn out, and frugality is something you want to develop and maintain for the long-term and with these seven habits you can be a highly frugal person.

Alban is a personal finance writer. He offer money savings tips and helps people to compare home loans [3] online.


Article printed from Personal Finance Blog by Money Ning:


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September 22, 2010 1 comment

by Luc Majno on Tuesday, September 21, 2010 at 10:41pm

INTERVIEWER :  Why do you keep pointing the finger and everyone as if you were saying that you are so much better than them?

Mr. Rodson:  ‘See this is what I mean…  People have this distorted image of others who have DIFFERENT knowledge than them… not better, just different.  It is like what people don’t know scares them, just like someone who does not understand the forest, and is scared of it… They get defensive and ‘back off’…  It’s really a shame that we divide one another up, break up such wonderful potential at relationships, simply because we do not understand, and have a real lack of tolerance for the Sacred Difference that we all must have between each other, in order for things to work out…’  Government takes advantage of this, and actually it is the author of the ‘divide-and-conquer’  theory, and we wonder why our society is becoming so, as I sad before, indifferent, and disconnected.’

INTERVIEWER:  You sound like you really have done research on this topic and others (points to books and pamphlets on the table)…  Isn’t there a price to pay for such knowledge?  It certainly isn’t ‘free’ and most people are not following your ‘path’, so you must feel pretty…  what?  Lonely, no? … (pushing) … Am I right?

Mr. Rodson:  ‘Perfectly.  You actually hit the nail right on the head.  Like I always say, the more that sadness and trials and horror will fill your life, the more that Love will have a place to dwell when it arrives…  It is true, yes, it does not come easy.  You lose friends you’ve had for a long time, you go through changes that you seem not to be able to control, life takes its course, I guess…  As far as research, well, I got about twenty years of it, everything from ancient christianity to Mi’gmaq tradition, what a real mess we’ve made of history…  The further down you dig, the more horrible it gets…  People just can’t deal with all that, they simply aren’t ready yet.  They are not interested, and they really feel that it doesn’t concern them (yet), so they distance themselves from it, because it makes ‘their stomach hurt’…  Maybe another ten years or so…  perhaps.’

INTERVIEWER:  Do you think there is any hope?  What about the future?  Tell us what you think.

Mr. Rodson:  (laughs and leans back, and folds his hands across his chest, takes a deep breath)  I am going to quote one that I heard a loooong time ago…  Here it is!  ‘If there is no remorse, there is no, and will be no… healing.’  You see?  It is an amazing way of thinking, one that fascinates the western world…  This is the Natural Law, or one of them…  we like to say things like ‘what goes around comes around’…  well, it is just another way of saying the same thing.  There IS no (unified) remorse on this land where we thrive.  Everyone is either disconnected, or pretentious and arrogant!  Most of us have so much on our plate that we can’t ‘handle’ any more…  We don’t have the time for it.  But another Law, a much more unforgiving one, says that there has been a crime committed… A very serious one, and one that has consequences, JUST LIKE ANY OTHER.  And the guilty will have to ‘pay up’ someday.  And that day is coming soon…  I am sorry, am I rambling on?’

INTERVIEWER:  No, quite the contrary, you are leading me into my last question here!  (We’ll come back after the break, please stay tuned!)


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September 22, 2010 Leave a comment

by Luc Majno on Tuesday, September 21, 2010 at 10:03pm

INTERVIEWER :  ‘It must have been real difficult for you in those times of…    poverty.

Mr. Rodson :  ‘Horrible.  In fact, I remember one time, I was driving my car (so carefully not to eat up too much gas) and I had .95 cents in my pocket…  no food in the house, an empty fridge, my account was at ‘0’, and I was hungry…  (pause)  …  and there I was…  delivering CDs to friends with my last gas ‘until wednesday after midnight’ (payday).  One more day to go through, without money…  this was on a tuesday afternoon, I felt like Jack in the Titanic:  ‘I am on God’s good humour!’…  totally powerless over what was going to happen next… I can’t tell you the despair you feel, the loss of humanity in all of it, the insensitive and indifferent world that we live in… No friends to borrow money from, and even if you did, you wouldn’t want to burden them with all this shit…’  (pause)…   And then, like a ray of sunshine peaking out on a cloudy day, I go to the mailbox and find a check from a friend, paying me back a debt.’  The sun was shining directly over me.  I am holding this check in my hand, realizing how tragically sick I felt inside;  to be totally broke (and useless to society), with nothing, nothing at all, and then ‘poof’…  all of a sudden you have ‘money’…  NOW, you can go and eat.  Before you couldn’t…  Five minutes ago, I couldn’t…  Do you follow me?’

INTERVIEWER (smiles and nodds):  I can assure you, though, that no, I can’t say I do know how you feel, but I understand and…  I feel for you.  It seems there is no justice there.

Mr. Rodson:  ‘Exactly my point, and I am so glad you mentioned that.  I took this ‘check’ in my hand, and then literally threw it on the seat next to me as if it had ‘burned’ me, after realizing how awful it had felt, and how I realized also that this was a Blessing that I had received.  Perhaps a combination of being so moved because I had received this ‘gift’ and the anger at the helplessness I felt inside because I was so powerless…  And anyone who has lived through a life… or episodes of serious poverty will admit…  Why do you think people commit suicide anyway??’


Man, shot in head, notices five years later

August 25, 2010 Leave a comment

* Oddly Enough »

BERLIN (Reuters) – A Polish man living in Germany went about his business for about five years without noticing he had been shot in the head because he was drunk when it happened. Police in the western city of Bochum said on Tuesday doctors found a .22 caliber bullet in the back of his head after the 35-year-old went to have what he thought was a cyst removed.

An X-ray released by German police August 24, 2010, shows a bullet lodged in the back of the head of a man. A Polish man living in Germany went about his business for about five years without noticing he had been shot in the head because he was drunk when it happened.

Police in the western city of Bochum said on Tuesday doctors found a .22 calibre bullet in the back of his head after the 35-year-old went to have what he thought was a cyst removed. Presented with the 5.6 mm projectile, the man recalled he had received a blow to the head around midnight at a New Year’s party ”in 2004 or 2005”, but had forgotten about it because he had been ”very drunk”, a spokesman for local police said.
REUTERS/Bochum Police/handout


What Michael Douglas Faces with Throat Cancer

August 19, 2010 Leave a comment

Dr. Jennifer Ashton Discusses How Effective Treatment May Be for “Wall Street” Star, Effects of Radiation on the Throat

  • Michael DouglasMichael Douglas (AP Photo/Carolyn Kaster)
  • Special Section Health Matters with Dr. AshtonCBS News Medical Correspondent Dr. Jennifer Ashton offers information and insight on pressing medical matters.
  • Photo Essay Michael DouglasThe Academy Award-winner has acting in his genes


A spokesperson for Michael Douglas made a stunning announcement — that the 65-year-old actor has a tumor in his throat.

“Early Show” co-anchor Chris Wragge reported Douglas will face a difficult treatment regimen: eight weeks of radiation given five days a week, and chemotherapy, which is usually given every one-to-three weeks.

In a brief statement, Douglas said, “I am very optimistic.”

But CBS News Medical Correspondent Dr. Jennifer Ashton said on “The Early Show,” throat cancer patients face additional challenges with treatment.

Special Section: Dr. Jennifer Ashton
Video Series: Dr. Ashton’s Health and Wellness
Pictures: Michael Douglas
Pictures: Douglas in Cannes for “Wall Street” Sequel

With throat cancer, Ashton said, “Radiation to the mouth … can be difficult. Usually, (it’s) very effective, about 50 to 80 percent of these types of cancers can be cured. However, radiation does damage cells, it can make swallowing very difficult, it can give you sores in your mouth.”

Ashton said Douglas, like other throat cancer patients, has the possibility of losing his ability to speak.

She added, “The big things that we take into account with the prognosis of a patient: The stage of the cancer at the time of diagnosis, the location and size of the tumor, and probably most importantly, the age of the patient and their general state of health and their attitude.”

And while Douglas will receive common treatments for cancer, throat cancer itself, Ashton said, is rather uncommon.

“It tends to affect men about five times as often as it affects women and we’re talking here about cancer that’s located in the larynx or voice box or upper palette or the upper esophagus. And no one likes to hear a diagnosis of cancer. This isn’t one of the top cancers, but it’s definitely seen.”

Ashton explained environmental risk factors, such as smoking, heavy alcohol use, exposure to certain environmental chemicals, can affect your chances of throat cancer.

“Everyone of  the human papillomavirus has been linked to oral cancers,” she said. “So these are things that your lifestyle really can have a huge impact on your risk.”

When it comes to symptoms, Ashton said throat cancer is most often noticed when someone has trouble or difficulty swallowing.

“That’s oftentimes what patients complain about first,” Ashton said. “You can have a lump in the neck that you can actually feel. Even ear pain. And that’s because sometimes this tumor can refer pain to the ear or a persistent cough or persistent bad breath.”

© MMX, CBS Interactive Inc. All Rights Reserved.


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Today’s World

“Today’s World

needs  money to survive… “


(think ‘capitalism’)


“…  just like the World of the Indian

needs  Spirituality for Growth.”


(think ‘Love and Well-Being’)

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