financial discipline
Controlled money habits
Financial discipline is the practice of controlling spending, saving consistently, and sticking to a budget despite temptations to do otherwise.
It implies delayed gratification and resistance to impulse purchases: It took financial discipline to pay off the debt in two years.
The phrase often appears in discussions of both personal finance and government fiscal policy.
- budgetingAllocating funds systematically
- frugalSparing with resources
- savingsAccumulated money kept
- pay yourself firstAllocate savings immediately
- restraintControl over impulses
willpower · austerity · thrift · belt tightening · spreadsheet · envelope · debt-free · debt snowball · sacrifice · delayed gratification · self-control · penny-pinching · lean · tight-fisted · nest egg · rainy day fund · emergency fund · paycheck
- money managementsaving, savings, budgeting, budget planning, expense tracking
- saving moneybudget, savings, discount, sale, coupon
- financial planningbudget, retirement plan, investment, retirement planning, portfolio
- savingssavings account, piggy bank, online savings, savings bonds, savings plan
financial disciplineoverspending
Exceeding one's budget
reckless spending · profligacy · extravagance · splurging · living beyond one's means
financial disciplinefinancial mismanagement
Improper handling of funds
deficit spending · squandering · prodigality · living paycheck to paycheck
financial disciplineeconomic instability
Unpredictable financial conditions
insolvency · bankruptcy · financial ruin · budget crisis · debt spiral
financial, finance, finances, financed, financing, financier, financiers, financially, discipline