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Wise Man Daily - August 2017

With the August 2017 issue of Wise Man Daily, learn savvy ways to raise your credit score, get more out of your coffee, exercises for getting ripped abs, and more. Wise Man Daily is made with the goal of sharing daily wisdom that will help men like you and I seize the moments racing by us, right now. Just a daily read will put you in our team's shoes, and give you the confidence to call yourself a wise man.

With the August 2017 issue of Wise Man Daily, learn savvy ways to raise your credit score, get more out of your coffee, exercises for getting ripped abs, and more. Wise Man Daily is made with the goal of sharing daily wisdom that will help men like you and I seize the moments racing by us, right now. Just a daily read will put you in our team's shoes, and give you the confidence to call yourself a wise man.

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Back in the day, all-inclusive trips meant bad entertainment and cheap food. But those days are long gone.<br />

Here’s why.<br />

<br />

CLICK HERE TO LEARN MORE<br />

1<br />

UNWISE CREDIT CARD USE<br />

One of the worst financial habits<br />

to develop is bad credit card use. Sure,<br />

credit cards can be a fast and easy way<br />

to get yourself out of financial trouble<br />

in the moment. But using credit to buy<br />

unnecessary stuff will only cause long<br />

term stress and possibly even bankruptcy.<br />

2<br />

IMPULSE PURCHASES<br />

Children already have problems<br />

with self-control. If you exhibit a lack of<br />

financial control, impulse issues will be<br />

even more of a concern for them in the<br />

future. Show them that purchases should<br />

be decided on before heading to the store.<br />

3<br />

BUDGET DEVIATION<br />

Another example of financial selfcontrol<br />

is sticking to your budget. Make<br />

sure your kids know that a budget is in<br />

place and certain things can’t be bought<br />

because they go against the budget.<br />

4<br />

LACK OF NEEDS AND<br />

WANTS DISTINCTION<br />

Needs need to be taken care of first.<br />

Kids often find it difficult to make<br />

the distinction between needs and<br />

wants - another symptom of lacking<br />

discipline - and want to consider the<br />

wants before critical things. Avoid<br />

showing this bad habit to your children.<br />

98<br />

<strong>August</strong> <strong>2017</strong>

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