Tuesday, February 22, 2011

Broken Window Principle

It's a good idea to keep things in good standing even if it just seems minor.

There was a study done that showed that if a building has one broken window, it is much more likely to be vandalized than a building which immediately had the broken window replaced.

It's a group think principle. If "everyone else" acts like the building is worthless than you are more likely to follow suit.

The same is true for your budget. If you stay on budget, then when you have a chance to make an extra $20, it doesn't seem like a waste, it seems like an opportunity because it can go straight to your debt and not to your overspending.

Keep on budget, and use your envelopes. Stay accountable, and don't pass up opportunities to make extra money. Whether it's Cash Crate or a blog or reading hydroxycut reviews or whatever. Do whatever you can and watch that debt shrink.

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