Principles in Action #2 : Accountability and Friends Can Save Your Finances

by The Happy Rock on October 12, 2007


This is the second post in the principles in action series that will illuminate a practical application of a positive life principal. The first in the series addressed treating others like they have value.

The advertisement @ the Clever Dude was about the 100th time I had been bombarded with the free $250 for opening an American Express Business Rewards Gold Card offer, and I was finally ready to give in and get the money. I usually stay away from signing up for credit card schemes or opening a new savings account at every bank with a good intro offer. I just don’t think these schemes are usually worth the stress, effort, hassle, and most importantly they rob my attention from tasks that I deem more valuable to our overall health and wealth. That offer didn’t fit into our financial plan when we were getting out of debt and still doesn’t, but my resolve was finally beaten down past the point I could handle.

Over dinner I mentioned the offer to The Happy Rockette and asked her opinion. She politely said, don’t worry about it. It wasn’t our style, and her resolve wasn’t waning. She knew our plan and our values, and this wasn’t part of it. Two seconds after hearing that, I snapped back to reality and said ‘you’re right, what was I thinking’. The blinders had lifted, and I was back on track.

The principle here is to involve yourself with people in your life who will keep you accountable. People who will gracefully smack you around, and say you are being silly when they know you have lost your way. During the long haul of climbing out of debt, this is an utter necessity. You will lose focus and self control. At some point life will undoubtedly give you more than you can handle. The trick is to admit ahead of time and plan for it. Start building that support network now.

{ 6 comments… read them below or add one }

Clever Dude October 12, 2007 at 11:26 pm

Dude, you know you want that card! I got my points and I’m looking at all my choices. I’ll cancel after I redeem them.


Tim Diehl October 13, 2007 at 11:30 pm

way to marry well bro


Steven October 14, 2007 at 11:39 am

This is a wonderful post! Now, the difficult part is to find that someone.


Thecpa October 14, 2007 at 4:47 pm

Happy Rock,

Excellent post! Enjoyed reading it very much. A network of family and friends is important to all aspects of one’s life not just to finances. Congratulations on having found that grounding force in your life! Now it’s up to you to make the right choices.


Brooke October 15, 2007 at 8:12 pm

Rock – you’re so right. My husband gives me a rash of it when I fall off the wagon, so to speak. It’s like checks and balances for the government, only the government is my house!


Christine May 16, 2009 at 8:44 pm

great job on that article. thanks for sharing.


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