This last week as I was thinking more about my two primary resolutions for 2008 (weight-loss and debt-loss), I realized that I am having to employ pretty much the exact same strategies with both.
Allow me to elaborate.
What does it take to lose weight? Controlling what you eat.
And what does it take to get out of debt? Controlling what you spend.
On Weight Watchers if you’re doing the Points system (as I am) then you have a certain amount of Points available each day that you need to stay within for your day – a “food budget”, if you will. My money budget does exactly the same thing.
I realize this might be something of a “well, duh” for some, but for me, it was pure revelation.
What’s more is that, since I started my “food budget” first and have been doing so well with that thus far (see Weight & Measurements Tracking under Deb’s Progress on the Diet Divas site), I think that has made it easier to port the same mindset and techniques over to my “money budget”.
We shall see… Time will be the true test for success with both – and I have a long way to go with both. But I know that “I can do all things through Christ who gives me strength.” (2 Corinthians 5:17)
And if that’s not support, encouragement, and hope, then I don’t know what is.
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I had the same kind of “ah-ha” moment about my weightloss and budget.
I just finished my taxes – finally. I am looking forward to using my refund to fund my wedding account. I’m thinking about a CD so that I don’t touch it.