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The Debt Free Diet

With the holidays fast approaching, I am trying to proactively control my spending.

One interesting article that I came across is called Fiscal Fitness: Eliminate Debt with 10 Successful Diet Principles at ZenHabits.net

Huh? Diet and debt? What do they have to do with each other? But as you think about it further, there really are similarities. The following points stuck with me:

  • When you budget you track your spending, on a diet - your calories
  • Check your spending/savings goals weekly, on a diet weigh in weekly
  • Don’t expect overnight success from either your spending diet or your eating diet

And to tie the knot between the two diets a little tighter - if you diet more, your grocery bill is sure to go down. (ok, I know that is tacky! ;) )

On a related note, Mehdi in a guest post at Get Rich Slowly offers 10 Ways to Build the Habit of Saving Money.

With all this good advice, my pockets should be jingling by December!

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  1. 2 Comment(s)

  2. By boogiemum on Oct 11, 2007 | Reply

    I just finished reading Dave Ramsey’s Total Money Makeover. He is a bit info-mercial but has some really great tips!

  3. By Neena on Oct 12, 2007 | Reply

    boogiemum,
    I popped over to Dave Ramsey’s website, it looks interesting. I have put that book on my “to-read” list.

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