Thread by @anandchokkavelu

3 ways to save you from yourself...

(a $$$ thread)

I'm pretty good with money but awful with desserts.

To save me, cookies need to be (in order of effectiveness):
1) At 7-11 instead of the house, so I'll be too lazy to get them
2) Hidden by my wife
3) In a cupboard vs. counter

Here are three similar money tactics...

1) Hide the password if you shouldn't touch it

A friend once gave me his brokerage password and told me to change it.

When he wanted to do something ill-advised, he'd have to sheepishly ask me for it.

Not generally advisable unless it's a spouse. But maybe a safe deposit box?

2) Retirement accounts

Taking money out involves potential taxes and penalties, so they act as a good barrier.

3) Buying a house

The forced savings and commitment of a house allows us to build up principal over the years.

Yeah, it's possible to raid it for home equity loans, but that's a long, involved process that gives us time to think it through.

You get the idea...make bad habits hard...if you can be honest with yourself, there are always strategies to help.

Speaking of which...off for a morning walk to "earn more"...my wife/kids bought us three boxes of Oreos the other day...

Good luck!