pink piggy bankBy Michelle P. Sharrow, MBA – Family Finance and Budget

Over the course of a life, many of the paths we cross and actions that we take will be in places that we’ve tested once before.

And that’s not a bad thing.  Often times, we begin things or try to form new habits only to stop before they become ingrained.  The reason for the halt is not necessarily that the new thing doesn’t work, it’s more often that the time required to maintain the habit or the interest was not there or the need wasn’t as immediate anymore.  Whatever, the reason do know that it is not a bad thing to revisit old goals, old plans, or even old books.

Couponing

A few years ago, I decided that I was going to go whole hog with couponing.  And for a while, I did. I purchased extra newspapers for the coupons, scored weekly ads weeks in advance online, and planned most grocery purchases.  This led to stockpiles of toiletries and food items.  In addition to the savings, over time I had mounds of unclipped coupons taking over my dining room table.  Clipping and searching for deals also started to take up more time than I wanted to commit.  So, what did I decide to do? I decided that it was too much to keep up with and I stopped.  Fast forward, two years later and I’ve decided to try it again.  Why, because it was nice to have small stockpiles of items at deep discounts and, once again, I am looking for ways to further reduce my monthly expenses in this category.

Books

As someone who writes a monthly column about budgeting and savings for families, it shouldn’t come as a surprise to hear that I have a nice collection of nonfiction books on the subject.  So many such that I’ve stopped myself from purchasing new books on the subject matter.  Why?  Because, exactly how many different authors or ghostwriters does one need to hear from in order to finally get that the key to creating lasting wealth and reducing debt is to spend less than you earn and save?  So instead of purchasing more books, I’m revisiting old ones in search of long lost tips that I can use to further tighten up my budget.

100 Goals

A few years ago, I came up with a list of 100 goals.  As with the couponing, I started it, came back to it from time to time, accomplished a few and stopped.  Well a few weeks ago I stumbled across it as I was thumbing through some old journals and notes.  Most of the goals that I previously jotted down are goals that I would still like to see come to pass.  So, I’ve converted this written list into an electronic one that I carry around every day in my cellular phone.

Not all old habits and ideas are bad. As we slowly bring 2012 to a close, think about some of the old habits and goals that you’ve abandoned over the years.  If you find that they were actually great money saving or time saving ideas, consider reintroducing them to help you move even further ahead.

 

Michelle Sharrow

Michelle Sharrow

Michelle P. Sharrow, MBA is a seasoned freelance writer specializing in personal finance. Based in Waldorf, Maryland, she holds a Masters Degree with a concentration in Finance. Michelle provides a monthly column on ways to help families maintain their finances and stick to a budget titled, Budgeting and Savings for Families.

More Family Finance:

http://extension.usu.edu/utah/htm/family-finance

http://extension.oregonstate.edu/fch/healthy-families/family-finances

http://www.usa.gov/Citizen/Topics/Money/Personal-Finance.shtml
Michelle Sharrow

Latest posts by Michelle Sharrow (see all)

https://www.familiesonlinemagazine.com/wp-content/uploads/2013/04/piggy-bank.jpghttps://www.familiesonlinemagazine.com/wp-content/uploads/2013/04/piggy-bank-150x150.jpgMichelle Parker Sharrow, MBAFamily Financechange,finance resolutions,goals,habits,money goals,money saving,new year new moneyBy Michelle P. Sharrow, MBA - Family Finance and Budget Over the course of a life, many of the paths we cross and actions that we take will be in places that we’ve tested once before.And that’s not a bad thing.  Often times, we begin things or try to form...Parenting Advice and Family Fun Activities