Comments on: The One Factor That Matters

By: Julia

Julia — Wed, 20 Jul 2011 22:07:31 +0000

Don’t entirely agree with this. 99%, yes. But there is a small factor where this isn’t really true.

I was reading TSD for a few months before I did anything. But in that time, something changed. I was much more aware of my purchases. This is where daily blogs have books beat.

Every day I read an article about personal finance. Every day I was tempted to purchase something. And every time I thought about purchasing something I thought about the stuff I was reading in those articles. This led to more mindful purchases, more questions about how I spend money and whether each expenditure is worth it.

This was a very small change that built up and eventually led to me being ready to take more proactive steps. But this little change in itself only required that I consiously read and consider what I was reading as it applied to my life.

Other than that, you’re dead on!

By: Lynn

Lynn — Wed, 20 Jul 2011 12:35:09 +0000

Trent, this post is exactly why I read your blog first thing in the morning. Truthful and straight to the point.

By: MoneyNing

MoneyNing — Tue, 19 Jul 2011 23:38:11 +0000

I’m at a point in life where success is CONTINUING to do something :)

Whether it’s saving a majority of my income, not let lifestyle inflation creep in, or keep pushing forward in my business so I don’t let complacency destroy what I’ve built, it’s all about simulating a fire under my bud so I keep running!

By: Kathryn C

Kathryn C — Tue, 19 Jul 2011 23:17:51 +0000

Agreed Tyler. It’s all about the small wins!

By: Josh

Josh — Tue, 19 Jul 2011 21:14:51 +0000

Very true, and I think this goes for almost everything in life, especially when it comes to your health and fitness as well.

By: krantcents

krantcents — Tue, 19 Jul 2011 21:06:01 +0000

The definition of success is completing something! In order to complete it, you have to start it.

I am having dinner with a friend! Maintaining social connections are important to yur well being.

By: Tyler @ Dividend Money

Tyler @ Dividend Money — Tue, 19 Jul 2011 20:56:15 +0000

Getting started is definitely the hardest part. I think that is why a lot of people succeed when they tackle the small wins first (smallest debt balances etc.).
Getting a couple of “wins” under your belt really helps to build momentum. That momentum will drag you through the hardest part of forming your new habit(s). Once a habit is formed, the tasks become easier and the rewards/incentives are greater.