an advantage of effective personal financial planning is: All the Stats, Facts, and Data You’ll Ever Need to Know

The ability to take a hard look at your finances to determine which ones are working for you and which ones aren’t.

For example, someone who’s been working with their credit card for years is likely to have a history of paying their bills late because the payments are so onerous they can’t get enough money to cover it. But that’s not necessarily true of someone who uses a checkbook.

There are so many variables and ways that your finances can come together to be the way you want them to be. That isn’t to say that you can’t have a lot of fun on your finances, but it’s important to know the whole picture. This is especially true if you’re trying to get your finances under control (and I’m not talking about your credit score).

Checkbooking is the act of writing down all of your debt in one place, and paying it all from that same account. For most people, this isnt very difficult to do. If youve got a credit card that has a $150 limit, you probably cant just write it down like that. You can write it down on a piece of paper, but that doesnt help you with the actual money, and it makes you susceptible to charge-backs.

The same applies to checkbooking, and the reason why it is so effective is because it is simple, and its results are immediate. If you put a debt on a piece of paper and write it down, you can just add the debt to your checking account and pay it off. No more credit card bill to pay off.

Because it is easy to make a bad decision, your good decision is harder to make. If you made a bad decision, you have to face the consequences. If you don’t, it is easier to just do nothing.

Making a mistake and having to face the consequences is something that most people fail to do too often. They tend to take these decisions in one of two ways: they get distracted and they think they have no other options. The first is called the “I’m not going to do this” excuse. The second is called the “I’ll just wait it out” excuse.

This is an excuse that will most likely get you sent back to the front of the line. Your excuses are the reason why you are not in the top 10% of your friends list. Because your excuse is a lot harder to come by than the Im not going to do this excuse. Unfortunately there are few people who want to make a bad decision and have to go through the process of making it. We are more inclined to blame the person that made the choice.

The reason someone makes an ill just wait it out excuse is because they are afraid of making a mistake. The reason Ill just wait it out excuse is because it is a sign of weakness and not being able to handle the situation. The reason an Ill just wait it out excuse is because they choose to ignore the warning signs. The reason an Im not going to do this excuse is because they are not able to handle the situation.

There are many excuses, but the one I would argue with strongly is that the reason Ill just wait it out excuse is because they are not that good with money. I don’t know of anyone that is that good with money, but I have yet to find someone that is not. The reason an Ill just wait it out excuse is because they are a lazy person who has no one to blame but themselves.