There was a great post last week over at The Simple Dollar. Trent Hamm wrote “A Mindful Life,” a post about curbing your impulses and really thinking about how your decisions will affect your life.

This post reminded us of the book we reviewed her a few months back, The Real Cost of Living. Both underline that many of the choice you make in your lives will have a major impact, either personally or financially, often both.

Hamm discusses how in his younger years, he let impulse drive his decisions without consider how it would affect his future. Because of this, he ended up in a very bad place financial and unprepared for many of the roles he ended up playing in his life (like parenthood).

However, he made the decision to live “a mindful life,” where he made decisions after considering how the decision would affect his life. Doing this helped him to live a more fulfilling and success life, both personally and financially. Hamm says: “The biggest change that I’ve made in my life over the last several years is to simply start thinking about all of the little actions I take.”

Going back to The Real Cost of Living, you will often find that when you really think about the decisions you make everyday and consider the pros and cons, you will often find that the outcome is just not worth it. Even if it seems like something you should do based on your lifestyle, be mindful of all the consequences as well as the positives before acting and you’ll be more successful.


  • Disclaimer: The information on this blog is not meant for specific financial advice. The ideas/opinions stated are not suited for everyone, and readers should use their own judgment in applying them in their financial lives.