By Trent Hamm
One of the biggest challenges when it comes to personal finance is that most of the personal finance tasks a person might do are not urgent. It’s that lack of urgency that often convinces people to indulge in bad personal finance behavior.
Important and Urgent Tasks
What do I mean by not “urgent”? Every task you have before you in your life can be judged by one of two traits. Is it important? Is it urgent? I use these two questions as a constant guide to the things I need to do in my life, as I’ve mentioned before on The Simple Dollar.
For example, getting my children ready for school is both “important” and “urgent,” so it takes top priority at the start of the day. On the other hand, playing a computer game is neither... More...