Financial Geekery

Subscribe

RSS Feed

Recent Posts

Archive

Tags

working the system

You want a change.

Maybe you want to lose weight. Or get a girlfriend. Or be more productive at work. Or maybe — because this is a financial blog, after all — you want your finances in order: you want to get out of debt, stop getting hit with late fees and overdrafts, and start living for the future, rather than the past. Or all of the above.

So what do you do? Most people fall into a frustratingly predictable cycle: they make Resolutions, say “I’m mad as hell and I’m not gonna take it anymore”, buckle down, grit their teeth, and vow to change by sheer willpower. And it works…for a while. Then they hit a Bad Day, which turns into two, which turns into a week, and pretty soon they find themselves back where they started.

It’s frustrating, but it’s not surprising. As humans, we’re annoyingly irrational. We’re as likely to make decisions from our mood — which, in turn, is influenced by sleep, diet, sunshine, exercise, hormones, marketing, and a thousand other things not necessarily relevant to the matter at hand — as from logic.

So, really, what do you do? You remove your mood from the equation entirely: you create a system.

An example: to avoid late fees, you automate your finances, so that income comes in and bills go out without your interference. To avoid getting hit with overdrafts, you have a monthly “check-in” date on your calendar to make sure that your money is where it needs to be.

Another: so you’re not tempted to go into any more credit card debt, you leave your credit card at home and do your spending with cash. If you don’t have the cash, you can’t buy the dress, the fondue, or the TV.

Another: to help build up your emergency reserve, whenever you get paid, you automatically transfer $100 from your checking account to your emergency savings. Only after that do you budget for the month.

In all of these cases, you make a decision from a point of calm, where you’re not being bombarded by moods or Madison Avenue; once the decision is made, you create a system to help you stick to that decision. As an added bonus, you now have more willpower remaining to spend on making other decisions, like not eating marshmallows.

If the idea of setting up a complete, custom financial system — covering all of the above scenarios and more — sounds interesting to you, drop me a line. I’d be happy to set up a (free!) session with you.

So, how about it? Are you ready for a change?

5-Minute Financial Scorecard

Whether you’re intentional about it or not, you’re using a set of financial strategies. How much benefit are you reaping from them -- and how much more could they be making? Answer a few questions and find out how optimized your financial strategies are!

Your data is completely private. We’ll only use your e-mail to keep you up to date!

Disclaimer 


The information on this site is provided “AS IS” and without warranties of any kind either express or implied. To the fullest extent permissible pursuant to applicable laws, Seaborn Financial, LLC (referred to as "Seaborn") disclaims all warranties, express or implied, including, but not limited to, implied warranties of merchantability, non-infringement and suitability for a particular purpose. Seaborn does not warrant that the information will be free from error. None of the information provided on this website is intended as investment, tax, accounting or legal advice,  as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, or other securities or non-securities offering. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information is at your sole risk. Under no circumstances shall Seaborn be liable for any direct, indirect, special or consequential damages that result from the use of, or the inability to use, the materials in this site, even if Seaborn or a Seaborn-authorized representative has been advised of the possibility of such damages. In no event shall Seaborn Financial, LLC have any liability to you for damages, losses and causes of action for accessing this site. Information on this website should not be considered a solicitation to buy, an offer to sell, or a recommendation of any security in any jurisdiction where such offer, solicitation, or recommendation would be unlawful or unauthorized.

SEABORN FINANCIAL, LLC

Address

6617 Oasis Drive, Austin, TX 78749

Contact

Follow us on

512-814-7258