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Staying Positive in a Bad Situation

Prairie Eco-Thrifter

I have taken this mindset to my financial life and this is what really fuels me to stay positive, even during the most difficult times. The current economic situation has created financial struggles for many people and for some the outlook is bleak. No matter how bleak your money matters might seem in the moment it will get better.

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Delayed Gratification: A Strategy to Curb Over-Spending and Secure A Sound Financial Future

Prairie Eco-Thrifter

In economics-speak, this kind of person has a “ flat discount function ,” meaning he values tomorrow almost as much as today and is therefore able to delay gratification. Try and control ‘wants’ spending and you’ll have more for saving. When you have a goal like this, it is easier to stay on track with saving. to $110, later.

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