Updated: January 10, 2021
Listen to Episode 52:
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Episode 52 Chapters:
- 01:14: The Two Pains in Life
- 03:07: Budgeting is Hard
- 04:32: The Real Challenge When Budgeting
- 05:57: Doing Despite Disliking
- 07:00: Tip 1: Positive Consequences
- 08:01: Tip 2: Negative Consequences
- 08:59: Episode Break
- 10:59: Tip 3: That Moment When You’re Done
- 12:12: Tip 4: Regulate Emotions
- 15:39: Tip 5: Avoid Distractions
- 16:57: It Takes Time
Excerpts and Highlights:
“There are two pains in life. The pain of discipline and the pain of disappointment. If you can handle the pain of discipline, you’ll never have to deal with the pain of disappointment.” –Nick Saban
There a lot of different budgeting strategies, and I’m sure they are all effective, but if and only if you have the financial discipline to follow them.
When you’re facing or about to face a challenge, thinking of that moment when you’re done helps your mind appreciate more the benefits of being able to push through the difficult or daunting task.
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