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100 Ways to Succeed #91:
The Rule of Realism
Pay for your groceries with cash next time. Your car repair, too. The office supply bill? Ditto.
By hook or by crook, bring Realism in the office door.
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Comments
Right on Tom!
Paying with "real" money -- cold hard cash, adds a realism that plastic/credit doesn't have.
It's a great way to get a real handle on expenses, or as I like to think or it, as differentiating between "pure expenses" and "investments in me and my biz"
Posted by Ted Demopoulos, The Blogging for Business Guy at July 7, 2007 8:52 AM
I use plastic almost exclusively, but I use Quicken and my credit union's online banking service to balance the account no less than twice per day. Watching those numbers drop, especially when you (as I do) enter items into my Quicken registers as BUDG -- as opposed to DEP or WITH -- that factors in my fuel and other upcoming recurring costs per pay period.
This way, I slap myself with reality first thing every morning. It works, oh how it works.
Posted by Constance Reader at July 8, 2007 2:24 PM