Value Based Spending Leads to Financial Discipline

Value Based Spending Leads to Financial DisciplineCan Value Based Spending Be Beneficial in the Long Run

You look for a source of income so that you can have money to spend for your needs and wants. It can always help if you are always aware of the value of everything that you buy and ensure that it gives you its full utility.

Value awareness is what value based spending is all about. It is highly individualistic and what is of value to one person may not be so for the other.

Your Decision On What Is ImportantValue Based Spending Leads to Financial Discipline

Books may be necessary for one person but not for another. A person can be fond of pets and will not grudge any money spent on them. Others may think this a waste.

You can decide on which of your expenses are value based by a process of elimination so that you agree on the things that give you the most value.

You can then budget for them and reduce your spending on all items whose value to you is limited. You can even base your spending on individual financial goals that you have and examine each item of expenditure to decide on its necessity and the effect that it can have on your goals.

Value Based Spending Can Be A Debt Management Discipline

This form of financial discipline is a way to manage your debt situation and never let it get out of hand.

Value based spending is a way to attain financial freedom and wealth. Make it a habit of considering your need for anything that you want to buy.

Questions You May Ask Before Making The Purchase

Is it necessary?

Can I manage without it?

Will the item I am thinking of buying giving me the use that I expect from it?

Is it in any way going to improve my way of living?

Truthful answers to these questions can set you on the right path and ensuring that every expenditure that you make has been one of necessity and can give you the satisfaction that you want.

There Is No Reason To Be A Miser Whose Life Is Unhappy

Just make sure that your attitude does not turn you into a miser. You still need to live a lifestyle that is suited to you, and one that you can afford.

Spend wisely and you will find your life that much happier.

The following is an article from Garrett Gunderson that was published on Forbes and discusses the use of Value-Based Spending for an entrepreneur.

Why It's Time To Stop Glorifying People Who BudgetWhy Its Time To Stop Glorifying People Who Budget

Ive seen some strange things lately. People are put on a pedestal for obsessing over limiting their purchases. We applaud people who carry around paper envelopes full of cash for each type of expensefood, entertainment, auto, etc. News sites glorify budgeters with headlines like, Look at this perfect couples strict $80,000 budget. Heres my question: why are we glorifying the scarcity-mindset?.Read More..

Garrett Gunderson is the founder and Chief Wealth Architect of, and a financial advocate for entrepreneurs. He is also a contributor.

Below is a video about Garrett Gundersons company Wealth Factory.

[embedded content]How Important Is Goal Setting

If the objective of going in for value based spending is simply to make you rich, this is better achieved if you set specific targets to reach where you want.

These goals must be achievable with your current source of income and level of spending while it still allows you to live comfortably.

Understand that every dollar you spend has a definite value, and you must get its full worth, that is exactly what Value Based Spending is about.

Other Resources On Value Based Spending

What Is Value Based Spending, and How Can It Help You?

Create a Value-Based Budget to Enjoy Your Spending More

How to Have Money to Buy What You Want By Creating a Value-Based Budget


Jay Geier On Maintaining Prosperity In Your Practice

Scheduling Institute Best Marketing Seminar Ever

All of us are always swamped in the complicated things going on in our lives. Whether it is home, school, our jobs, bills, taxes, etc it just seems we can never get on top of things. Operating a business and especially a dental practice, we have the very same issues. The article below may help;

Guarantee Prosperity in Your Practice Regardless of Outside Situations

The media seems hell-bent on keeping us in a recession no matter what the truth is or whats best for our country. The only way to guarantee your success in the midst of this is to put your head down and stay focused on what you CAN control.Guarantee prosperity in your practice regardless of outside situations

By Jay M. Geier

1. Set clear goals and create a solid plan to support them.

2. Take advantage of the thinning of the herd.

3. Negotiate, negotiate, negotiate!

4. Eliminate waste and add more of whats producing.

5. Focus your energy on the low-hanging fruit.

Author bio

Jay M. Geier is the founder and president of the Scheduling Institute. He is a well-known dental speaker and has helped more than 10,000 doctors nationwide grow their practices.

Check out what people our saying about Jays dental practice consulting company by reading some of the Scheduling Institute Reviews.

Follow the full story on

The following article gives some great tips on when you think you cannot take anymore.

8 Tips for Dealing With Stress and Overwhelm Huffington Post Sat, 14 Nov 2015 14:48:39 GMT

Huffington Post 8 Tips for Dealing With Stress and Overwhelm Huffington Post When you spend your time thinking about things that you cannot control or influence, it is wasted time and attention and its taking you away from what matters. Often the only thing you can control is your own actions or reactions, so focus there. Ask

Tip 1: Breathe, Pause and Reset

Tip 3: Focus on one thing at a time

Tip 7:Establish a calming morning routine

Read more

I really believe that for me the morning sets up how the rest of the day is going to go. That is why I felt this article was helpful.

Create a Lasting Morning Routine by Making Two Key Changes

Today, I want to share a couple of things Ive neglected to mention in previous articles about my routine. These two aspects have enabled me to create a morning routine that has lasted several months, and its through my morning routine truly becoming habitual that Ive seen massive benefits. I hope that these two insights can help you, too. Read more.

Learn more about Jay Geier and the Scheduling Institute here on their Wiki Page.