Using Discipline To Formulate A Good Financial Plan

By Kishore Sabareeshan | December 7, 2020

The armed forces are an epitome of dedication and discipline. Here’s how you can get inspired by them and inculcate those values in your personal finances.

Using Discipline To Formulate A Good Financial Plan

It goes without saying that our armed forces are a crucial part of our national security. What’s inspiring is how these bravehearts shape their lives and habits to achieve such great levels of mental and physical strength. They sacrifice an easy life and spend countless days away from loved ones to ensure that our country stay peaceful, so it comes as no surprise that these heroes are a source of inspiration to all of us.

Did you know you could use this inspiration to add some much-needed discipline to your personal finance habits? Read on!

Additional Reading: Simple Ways Of Saving Money

Be Vigil When It Comes To Your Money

One of the essential traits of our soldiers on font, at sea or in the skies is constant vigil; it’s the only way to be prepared for anything. We can apply this trait in the way we manage our finances. How? By knowing where each rupee is being spent and whether every expense is adding value to our lives.

Additional Reading: How To Be A Disciplined Credit Card User

Discipline Yourself To A Solid Routine

Leave no room for wavering, whether it’s checking your Credit Score regularly or paying your EMIs on time, you need to shoulder the responsibility of ensuring smooth cash flow when it comes to your finances. While you may think that small things can be overlooked, those small things can grow into big problems if they tend to pile up.

Additional Reading: Tips to Improve Your Credit Score

Nothing Comes Easy – Work Towards Better Results

The struggle that each individual in our armed forces goes through is no news. He or she is put through grueling physical, mental and emotional tests prior to selection. The takeaway here is – success doesn’t come easy. Similarly, you can’t just wish for a 800+ Credit Score or ultimate savings; you have to think it out and work towards it. Exercise discipline and strategise how you’re going to achieve success, whatever be the financial goal.

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Category: Money Management

About Kishore Sabareeshan

Kishore likes watching documentaries and discovering indie musicians on Youtube. When he's not writing content for a living, he's usually snacking, playing with his cockerspaniel or looking for big cats in the wild.

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