Definition

The practice of adhering to a budget, saving regularly, and making informed financial decisions consistently.

What to consider

  • Stick to your budget and set clear spending limits.
  • Regularly review your financial habits and adjust as needed.
  • Small, consistent actions build long-term stability.

Real world scenarios

  • By tracking every expense and sticking to her savings plan, Mia demonstrated strong financial discipline that helped her build a secure future.

Related terms

Financial Coaching & Mindset