Comments on: Why Can’t I Save Money?

By: Get Out of Debt Carnival – February 17, 2010

Get Out of Debt Carnival – February 17, 2010 — Wed, 17 Feb 2010 10:26:30 +0000

[...] presents Why Can’t I Save Money? posted at Eliminate The Muda!, saying, ""Why can't I save money?" was a search used that found [...]

By: Money Hackers Carnival #103 – Snowed In Edition

Money Hackers Carnival #103 – Snowed In Edition — Wed, 10 Feb 2010 10:04:54 +0000

[...] presents Why Can’t I Save Money? posted at Eliminate The [...]

By: FinEngr

FinEngr — Fri, 05 Feb 2010 05:00:52 +0000

HA! Right on LLC We’re all land-locked, what’s your excuse Ryan?

Diagrams are great.

Never heard of the 5 Y’s before – enjoyed the post. How did they arrive at 5 vs. 4 or 6?
.-= FinEngr´s last blog ..Which Way Are You Outsourcing? =-.

By: The LeanLifeCoach

The LeanLifeCoach — Fri, 05 Feb 2010 00:32:08 +0000

@Ryan – If we lived on a tropical island we would be scuba diving everyday. What’s up with you?

By: Ryan @ Planting Dollars

Ryan @ Planting Dollars — Thu, 04 Feb 2010 19:59:35 +0000

Why can’t I go scuba diving every day?

I like the chart, really makes things clear.
.-= Ryan @ Planting Dollars´s last blog ..The Part Time Job Search =-.

By: The LeanLifeCoach

The LeanLifeCoach — Thu, 04 Feb 2010 05:48:17 +0000

@Tracy – I learned myself, it is never too late to make a difference.
@Ken – Depending on your role and where the paper comes from you may want to include the upstream co-workers in this exercise. I’ve worked with companies where we identified 30-40% of the “required paperwork” was pointless and eliminated. Keep asking!

By: Ken

Ken — Thu, 04 Feb 2010 04:42:56 +0000

On a professional level I would like to know why I can only keep my desk claer for one day before the mountains of paper begin again. I may have to apply the 5whys to this and see where it goes. .-= Ken´s last blog ..Weekend Roundup =-.

By: Tracy

Tracy — Thu, 04 Feb 2010 00:24:52 +0000

I think it is hard for people to face the root cause of bad habits. All too often we are looking for the easy answer that doesn’t necessarily mean, we have to change. It’s much easier on our ego to think some outside condition has to change. That’s why people will tend to answer the first question of why with,”because I don’t have enough money” rather than because I’m not living within my means and need to change my spending habits. But I clearly remember a time when I earned 50% of what I do now without suffering deprivation. If I had maintained that lifestyle instead of spending more as I earned more, I would have a pile of cash right now. Too bad I didn’t ask myself the 5 whys way back then.
.-= Tracy´s last blog ..Are You Happy? What’s Your Impact? Take The Test! =-.

By: The LeanLifeCoach

The LeanLifeCoach — Wed, 03 Feb 2010 22:55:45 +0000

@David – Thanks for the concept of “latent” causes. That is another great perspective to keep in mind!
@Mrs. Money – It’s amazing when you think about how often people allow themselves to be imprisoned by their lack of belief in the possibilities.
@Don – You’ve got it! It’s a great development tool to help employees or even your own family learn how to develop the best solutions to their challenges.

By: Don@MoneyReasons

Don@MoneyReasons — Wed, 03 Feb 2010 17:19:55 +0000

Hmmm, I forgot about the 5 whys… Great technique though, seems like it would force the individual to be thorough in their research.

I don’t use this technique per se, but I do circle the problem at hand from all angles. So I guess, I’m pretty much doing that same thing as the 5 Whys would prescribe…
.-= Don@MoneyReasons´s last blog ..Stop Waiting For Magical Moments To Happen =-.