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November 01, 2006

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I think people hate hearing they need discipline without also getting some guidance on how to GET disciplined. And to me, that's the great thing about automatic payrolls deduction for 401(k) accounts, automatic transfers from checking to a money market account, etc. Discipline without thinking! It works! Yeah!

-CJ

http://coinjar.blogspot.com

Automatic deductions are nice but you still need discipline to control your spending. Otherwise the bills will turn into debt.

It's tough. Especially if you're used to a certain lifestyle level.

Luckily, I'm used to being broke so my lifestyle is coming in handy.

Discipline is indispensable in managing one's life or business activities. As a reiteration, I would just want to pinpoint the two supreme principles in governing a business: 1. It is the realization that a business is governed by strict disciplines, dogmas, principles, theories, good practices and empirical science. ( historical business transactions and events)and 2. Such strict disciplines, dogmas, principles, theories, good practices and empirical science science must be adhered to the letter.
I think it's quite a tall order but that's how a business should be managed to make it really financially independent.

Discipline is indispensable in managing one's life or business activities. As a reiteration, I would just want to pinpoint the two supreme principles in governing a business: 1. It is the realization that a business is governed by strict disciplines, dogmas, principles, theories, good practices and empirical science. ( historical business transactions and events)and 2. Such strict disciplines, dogmas, principles, theories, good practices and empirical science must be adhered to the letter.
I think it's quite a tall order but that's how a business should be managed to make it really financially independent.

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