Comments on: How to become a personal finance “black belt”

By: 7 Proven Steps to Fix Your Personal Finances That You Can Implement Right Now | Complete Online Information

Tue, 07 Sep 2010 10:53:01 +0000

[...] How to become a personal finance “black belt” | Getting Finances Done – David Allen in Getting Things Done compares productivity to the martial arts. He gives instruction on how to become a black belt in your personal. [...]

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By: BlackBeltat50

BlackBeltat50 — Mon, 25 Feb 2008 00:59:47 +0000

As we say at my dojo, “if you can measure it, you can manage it”. This is what, in large part, you are saying.

Also, intentions are not actions.

See, you could push your belt metaphor further.

By: Dr. Artfredo C. Abella-Commission on Audit-Philippines-UB

Dr. Artfredo C. Abella-Commission on Audit-Philippines-UB — Thu, 07 Jun 2007 00:31:07 +0000

Oh, I never thought that financial matters could also be attributed to martial arts. Should that be the case, we must follow and emulate the styles of Bruce Lee in meeting our financial problems and foes. I believe that attaining or having the dream of immediately becoming a financial black belt would be too abrupt. Remember everything must have a beginning. I think what is more important is that attaining a financial independence or the better word is comfortable living is to have focus in our financial matters. The saying: ” The only business of business is business.” is applicable here. If we really want to attain financial abundance in life, first and foremost, we must have a business that we can call our own then give 100% percent focus and efforts to make it a success. This is akin to the saying that genius is 98% perspiration and 2% inspiration. I think you can only say that you have already attained the status of financial black belt in life once you can feel that business is already running in your vein. It is as good as saying that every time you breath air it is like breathing in cash and when you breath out, you breath for your spirit to pay your overheads and meeting all your financial obligations on time. Breath in again and you breath investments in bonds, stocks, treasury bills and mutual funds and breath out by donating excess funds to charitable institutions. Breath in by purchasing lands and other asset producing income and you breath out meeting all current and fixed liabilities until you become a financial Kung Fu expert. At the end of the day you will always tell yourself, it is not how much you earn that counts but how much labor of love have you given to your business and in one blow with a flying kick all your financial worries are gone and dissipated.

By: Wisdom from the Rich Dad » Blog Archive » Personal Finance is like….martial arts?

Mon, 15 Jan 2007 15:02:51 +0000

[...] Decide which belt you are in now, at Getting Finance Done site. [...]

By: I’m a black belt! Who knew? « Money Talk

I’m a black belt! Who knew? « Money Talk — Sat, 04 Nov 2006 00:47:22 +0000

[...] I was checking out the Getting Finances Done blog and saw this post from October 3rd called How to become a personal finance “black belt”. All this time and I never knew that we were black belts! Yay! [...]

By: Emma

Emma — Sat, 04 Nov 2006 00:07:44 +0000

Dan, this is a great post. I agree that budgeting, or whatever you want to call it, is an essential element of a healthy financial plan.

There are a lot of people that, like Dan, feel a budget is restrictive. For us, it’s been the most freeing thing we’ve ever done. We sit down every month and look at things that are coming up in that month and where we need to put money aside for things in the not too distant future. We have a his and hers blow category, so we can spend how we wish. It’s worked great.

In regards to belts, we are black belts through and through. Murphy rarely comes by..I wonder why?

As an aside, our daughter gets commission for different chores around the house. If she wants to buy a movie or toy or candy, she uses her money. If it’s a family thing, like family movie night, we use the money in the entertainment category.

Budgeting has made our lives much more simple. I highly recommend it to anyone, regardless of your financial state.