Freezing in NH

Through Trent at the Simple Dollar I found The Prioritizer: A New Way of Looking at Your Money and Your Life.  It’s pretty simple.  List some things in your life and plug them into the tool.  Answer some simple questions after thinking deeply about them, and get a prioritized list.

It’s simple, but forces you to look at just two choices at a time.  That helps clarify.  For example if your choices are Retire Early, Eat Out Four Times a Week, and Travel on Vacation Every Year, you’d have a set of questions like this:

This being personal finance, you should probably pick things that cost money like bad spending habits, houses, retiring early, etc.

When you finish, you might find out that you’d rather go out to eat and travel a lot than retire early.  Or that you want to retire early so you should give up some more expensive habits.

Mine was not particularly surprising, but Trent suggested using 5 long term goals, 5 short term and 5 things you splurged on recently.  I did discover that something I was thinking about splurging on made the top 5 on that list of 15 and that I should do it and not worry about it since it obviously mattered a bunch (and also was under $200…still being frugal).

This entry was posted on Thursday, July 19th, 2007 at 2:31 pm and is filed under articles, frugality, saving. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.