Money Diet

Tips & tricks that can help you be more strick on your Money Diet to get to financial Independence

I will post tips on stocks, books and saving money shortly. One I have already reviewed at MoneyDiet Books. Read interviews with other financial bloggers and learn by getting the background of their objectives in these interviews.

Setting goals one at the time

 

In my journey towards Financial Freedom, I sometimes get stuck in setting too many high level goals at the same time. From the consultants at McKinsey I know that objectives should be SMART.

S= Specific

M= Measurable

A= Achievable

R= Result-based

T= Time-bound

usually I'm already dreaming about the end product of achieving the final objective, financial freedom, without thinking thoroughly about the steps I have to take to come there.
This time I'm going to take it to another level. This time I'm going to succeed. This time I'm going to share my problems, my struggle, my tips & tricks, my failures and my successes.
You can add to these tips by using the contact link at the right. Let me know what your tips are, or tell my your story. We can all help & coach each other.

If you have a Financial website, or blog, you can be featured here. Let me know if you are interested, and I send you an email interview.

Filed under Money Diet Blog

Automatic Millionaire

By David Bach

This book has helped me shape my expectations on how much time should be invested to come to the system that is needed for the Automatic Millionaire. Tips around:

  • Investing in real estate
  • The daily coffee avoidance which sucks all the money out of your pocket, the late factor
  • Pay yourself first, means saving a % of your monthly salery on a savings account

Filed under Books

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