via: DumbLittleMan
Finance is a huge part of our lives yet it remains something that many people struggle with. Today, more than ever before, people are getting into financial difficulties and debt.
The recession has been going on for a few years now and people's houses are still being repossessed. People are still losing their jobs. Worst of all, they're losing their freedom and independence.
What's saddest about people getting into debt is the ties it causes. It you're in debt you're often forced to stay in a job or an area you don't like in order to repay the debt. There's an incredible freedom that comes from being free of debt. Only when you're debt free can you actually live the life you want and be the master of your own destiny.
So here are my tips on how you can avoid getting into debt, simplified and repackaged in a way that I hope makes you see the true value of living within your means.
Start making these life changes to stay out of debt and save money today. There's no time like the present. Like any addict you'll suffer a bit at first, but when you get used to spending less you'll be glad you did. Leave your credit cards at home and reassess how to cut down your spending and what you'll do when you've controlled your spending and earned your own freedom.
Living within your means brings happiness and freedom that expensive new gadgets don't. If you can't afford to buy the car or TV of your dreams then don't buy it. Get what you can pay for in cash now and be happy with it. If you really need to buy a car to get from A to B then buy one you can easily afford.
Don't be tricked into finance plans that offer "18 months interest free". If you can't afford to buy the item for cash now you may not be able to in 18 months either. If you buy something on those crazy "free credit" terms, you'll be paying over the odds for it and you won't be free anymore. You'll be tied down to making those repayments until they're paid off. Much better to save up, pay cash and live free.
Maybe you're worried about what people will think about your unfashionable car or clunky TV? Don't be. Anyone who judges you by that isn't worth worrying about anyway.
Little things like clothes, skincare, & toiletries add up. Just get what you need. I'm sure that many of us in developed countries have many more clothes than we can actually wear. That's why I've classified clothes as non-essentials here. How many pairs of jeans and t-shirts does one person actually need? I'd be prepared to bet that it's not as many as you've already got, especially if you're female. Sorry girls!
I've just spent a year without buying any new clothes, apart from some new sports socks when my old ones had gone to holes and a pair of shoes for a wedding. It wasn't as if I was going to be naked. I had more than enough clothes to see me through the year and I think I even managed to look quite nice most of the time too.
It was great not to bother going to shops and shopping centers and also good at the end of the year to evaluate what I actually needed clothes-wise and spend a few hours clothes shopping. If you can't cut down your clothes shopping to once a year try shopping for clothes only twice a year, maybe when the sales are on.
Or have a clothes and accessories swap party. Invite about 10 friends of varying sizes and tell them to bring the clothes and accessories they never wear. You'll be laughing over each others' disaster buys and amazed to see how good your unflattering trousers look on someone else. This is a cheap, fun night in and a great way to bond with friends.
When it comes to skincare and toiletries get cheaper brands. The pricier ones aren't worth it, you're just paying for the expensive advertising campaigns and the supermodels who promote them. Now why would you want to do that?
So you really need something?
Do you really need it? Really? Truly? It's amazing how many things I think I need and write on my list but never get round to buying because I don't go to the shops very often. If you go shopping every week, apart from to the grocery store or food market, then you're probably spending more than you need to just by being in the shopping mall. Avoid shopping malls like the plague, especially if you have kids with you.
But let's say you've convinced me there's something you really need, your bike's broken beyond repair and you really need a new one to get to work. Please, never buy anything, new or used, without taking the time to ask these two questions:
What's the best price you can do for me? Can you do a better deal for cash? You'll probably get one discount this way but you might even get two price cuts.
If you can wait until the annual sales, you might get a better deal. Or put a search on Ebay, go to garage sales and tell your friends and colleagues you're in the market for a new bike to see if anything comes up.
Sometimes renting can be cheaper than buying, especially if house prices aren't increasing. Don't be pressurized into buying a house or buying a more expensive house than you can easily afford the mortgage repayments on. You're not buying a better house, you're buying worry and financial pressure.
Forget silly food coupons, just make sure you bulk buy and buy the supermarkets own brands. With most items (basmati rice, virgin olive oil, canned tomatoes, pasta, etc.) some of the cheaper brands taste just as good as the more expensive brands to me. There are only a few things I'm fussy about - I have to have the more expensive brand of mayonnaise - but for most things you'll probably find the no name brands are just as good. Pick and choose your products carefully.
For example, go to the movies on cheap Tuesdays or wait for the DVD to come out to the $1 RedBox. Most things have promotions at certain times of the year or on certain days, you've just got to wait for them.
I love eating out. I don't do it as often as I'd like but it's a real treat for me to go to a cafe or restaurant and eat a meal someone else has cooked and will clear away for me too. I just don't get the idea of takeouts though. Most of them don't taste as good as the food you'd make at home and it's not that hard to wash up a chopping board and a couple of saucepans. Most healthy food is quick to make at home too (things like stir-fry and omelets) or can be prepared in bulk so you can freeze some to reheat on another day (curries and soups.)
I know often you may want to socialize without feeling you need to kill yourself with cooking and shopping. Try having a curry night and asking everyone to bring along one dish. Or just a potluck and see what happens. Or a fun sushi night where everyone knuckles down and learns how to make their own sushi.
What will you do when you're out of debt and in control of your finances? Keep your prize on the goal and you'll get there in the end.
 | Written on 2/20/2010 by Annabel Candy. Annabel writes Get In the Hot Spot, a blog to inspire and inform people on how to live their dream, no matter what they're dreaming of. |
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via: ZenHabits
Photo by The 10 cent designer
Simplicity is the ultimate sophistication. - Leonardo da Vinci
Post written by Leo Babauta. Follow me on Twitter.
The problem with many books and guides on simplifying your clutter, your work life, your desk, your life, is that they are usually too darn complicated.
We need a simple method of simplifying.
It’s been nearly a decade since I first started trying to simplify my life, and in those years I’ve struggled with clutter, I’ve had surges and ebbs of complications and simplicity, I’ve tried dozens of methods of simplifying from as many sources. It’s been an interesting journey, although not one that I can recommend to everyone. If you’re looking to simplify a certain aspect of your life, you don’t want to go through that kind of confusion.
So I’ve boiled it down to a simple method of Four Laws of Simplicity (apologies to John Maeda) that you can use on any area of your life, and in fact on your life as a whole:
1. Collect everything in one place.
2. Choose the essential.
3. Eliminate the rest.
4. Organize the remaining stuff neatly and nicely.
Life is really simple, but we insist on making it complicated. - Confucius
To illustrate, let’s take a quick look at how to declutter a drawer. Let’s say this is the worst junk drawer in your home — it has take-out menus from restaurants that closed down a dozen years ago, manuals for computers that used DOS as their primary OS, tools that you have no idea how to use, more rubber bands, paper clips and chopsticks than you can ever use, mementos from your unfortunate foray into rubber stamp hobbying, souvenirs from that Mexico City trip you’d rather forget about, not to mention a funky smell that reminds you of gym class.
You could spend all day sorting through such a mess and still have a mess. (Or more likely, you’ll close the drawer and forget about it.) But let’s see how the 4-step method would be applied to our drawer:
1. Collect. Take out everything and put it in a pile. Empty the entire drawer, and pile it all on a counter or a table. Take everything out, down to the last paper clip.
2. Choose. Pick out only the few things you love and use and that are important to you. Just sort through the pile, picking out the really essential stuff. Be very selective. Put the important stuff you pick out into a separate, smaller pile.
3. Eliminate. Toss the rest out. You know you’ll never need those manuals again. Don’t be sentimental with this step. Either throw everything into a big trash bag, or find a new home for some of the items if you think someone might have a use for them — donate them to charity or give them to a friend who would love them. And yes, you have to toss out all the chopsticks.
4. Organize. Put back the essential things, neatly, with space around things. Clean the drawer out first, of course, and put the very small pile of things you chose back in the drawer, grouping like things together and leaving space around the groups. Having space around things makes everything look neater and simpler.
That’s it. You now have a very nice, simplified junk drawer, with (let’s hope) a much less funky smell.
This simple method can be applied to every area of your life. My suggestion is to focus on one area at a time, apply the method, and then move to the next area. So, if you just wanted to simplify a couple areas of your life, you could focus on one per week, but if you wanted to simplify your entire life, I’d do one area every couple of days until you’re done.
Here are some examples of how you could apply the above method to other areas of your life:
Closets. Focus on one area of the closet at a time — a shelf at a time for instance. Take everything off the shelf and put it in a pile on the floor. Pick out only the really important stuff that you love and use. Put the rest in a box to donate. Put the important stuff back on the shelf, grouping like things together and leaving space around the groups. You could use containers for groups of things, using clear containers and labeling them. Or just leave the shelves fairly empty, and get rid of most of your stuff. Move on to the next area. My suggestion is to leave the floor of your closet clear — it makes it look much nicer and simpler.
Your desk. Clear everything off the surface of your desk (excepting, perhaps, you computer and phone). For the surface of the desk, I would suggest only putting your inbox and a nice photo or two, and nothing else. Put supplies in a drawer, and file the papers. Toss out the rest. Then do the drawers of your desk the same way, one at a time, leaving space in each drawer. It’s so much more relaxing to work in a simplified environment. After you’re done with the desk, do your walls.
Your work tasks. Have a long to-do list (or a bunch of long context lists)? Spend a little time adding every task or project you can think of to your lists, until it’s as complete as you can (GTD’s brain dump works for this). Then choose only the tasks that you really want to do, or that will give you the absolute most long-term benefit, and put those on a separate, shorter list. The rest of the stuff? See if you can eliminate them, or delegate them, or at least put them on a someday/maybe list to be considered later. Then only focus on your short list, trying to choose the three most important things on the list to do each day.
Your commitments. Make a list of all your commitments in your life, from work to personal. Include hobbies, clubs, online groups, civic groups, your kids’ activities, sports, home stuff, etc. Anything that regularly takes up your time. Now pick out the few of those that really give you value, enjoyment, long-term benefits. Toss the rest, if possible. It might be difficult to do that, but you can get out of commitments if you just tell people that you don’t have the time anymore. This will leave you with a life that only has the commitments you really enjoy and want to do. Leave space around them, instead of filling up your life.
Your wardrobe. Do you really need 40 T-shirts? Or 40 pairs of shoes? How many jeans do you actually wear? One drawer or section of your closet at a time, put everything on your bed in a pile, choose the clothes you really love and actually wear on a regular basis, donate the rest, and put the ones you love back in your drawers or closet. Leave space around the clothes — don’t stuff your drawers full.
A room. If you’d like to simplify your cluttered rooms, start with the furniture. Which ones do you love and use? Get rid of the rest. Now clear every flat surface in the room, from counters to tables to shelves to desktops. Choose the stuff you love, and get rid of the rest. Leave the flat surfaces as clear as possible, only putting back a few choice objects. Now do the drawers and cabinets the same way. Also do everything on your floor that’s not a piece of furniture, leaving the floor as clear as humanly possible.
Your email inbox. Have an email inbox full of clutter? Dump all your emails in your inbox into a folder. Scan through the folder, choosing only a few to reply to and putting those in a separate folder. Delete or archive the rest.
As you simplify your life, the laws of the universe will be simpler; solitude will not be solitude, poverty will not be poverty, nor weakness weakness. - Henry David ThoreauLeave Your Comments Here.
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via: Entrepreneur.com
By Eve Tahmincioglu
Are you working to get your business to hit the coveted $1 million mark in sales? If so, then heed the following advice from people who have either pulled off the feat or are experts in the field.
Take Randy Horn, who toiled for six years before his board game business hit the $1 million mark--a milestone that came and went without much pomp and circumstance. "I don't remember throwing a party," said Horn, the owner of Los Angeles-based Zobmondo!! Entertainment and creator of the Would You Rather …? board games. "It felt satisfying to have grown to that size, but I quickly moved on to planning for the next year." Horn, whose firm now generates $6 million in annual sales, worked out of the bedroom in his apartment for eight years, still has just one employee, and has been all about growing slowly and methodically. "It was always a priority for me to maximize my profit, never a priority to get huge quickly," he stressed. "My goal was simply to create a good business, be my own boss and make a good, solid living." It's exactly that kind of focused, methodical approach that many entrepreneurial experts say you need if you want to achieve the seven-figure mark. "What's especially true in this economic environment is, in order to achieve your sales-figure goals, you have to demonstrate a long-term focus and a commitment to real value creation," said Lori Kiyatkin, assistant professor of corporate strategy and entrepreneurship at Towson University in Maryland. Kiyatkin said she would ask three key questions if an entrepreneur walked into her office and asked, "How do I make my first million?" "After I got good answers to those questions, I would encourage the entrepreneur to focus on that and identify objectives that match that mission," she advised. Horn's mission was to sell board games, but he didn't come out of the gate in 1998 targeting big boys like Target or Wal-Mart. He called 5,000 independently run toy stores during his first year of business and sold 11,000 games. "My view was I needed to lock in some success to use that to sell to bigger stores and use that success to sell to even bigger stores," he said. Five years after placing his first board game in a mom-and-pop shop, he landed a deal with Barnes & Noble, and Target called a year later. The rest is million-dollar history. His advice to entrepreneurs wanting to bring in the big bucks: Get ready to get to work. "There's no quick and easy shortcut. I worked hard calling stores and selling one game at a time." Don't shoot for a million. "Hunker down and figure out how to create a sustainable, profitable business." Horn also wasn't big on going into debt or turning over a large chunk of his business for an equity stake. "I used my profit every year to grow a little bigger and a little bigger," he said. But taking on credit isn't all bad, advised Terry Mackin, managing director of mergers and acquisitions for Generational Equity. "Don't be afraid to use credit to leverage your growth," he maintained. Mackin also had these suggestions for entrepreneurs: Boosting your customer base is also critical, and what better way than e-mail, suggested Nell Merlino, CEO of Count Me In and co-founder of American Express OPEN's Make Mine a Million $ Business program. She advised e-mailing customers with value-added promotions, focusing newsletter content on what the core business is, asking for feedback, and closely tracking e-mail statistics. Anthony Mongeluzo, the owner of Medford, New Jersey-based Pro Computer Service, which employs 17 people and has $2 million in annual revenue, believes it's all about being generous to your prospective clients. "I took a lot of time--instead of asking for business--to meet other CEOs and learn about their business model, so I can find them business," he said. "The more business I referred, the more came back to me." Known online as Careerdiva.net, Eve Tahmincioglu is the author of “From the Sandbox to the Corner Office,” an in-depth look at top U.S. CEOs and the lessons they learned on how to succeed in business, as well as a career columnist for MSNBC.com.
You have sent out hundreds and hundreds of resumes with barely a response. You reason that it’s the economy and some other factors that you are simply not aware of. How can this be? No response whatsoever? You have accomplished a lot; you were well liked in your last role and did a number of things for the company that even resulted in a promotion. So what’s going on? I will tell you. It has nothing to do with you. It’s your resume that sucks! What’s wrong with your resume? It may be these top five things:
1. Your Resume Is Not Results Oriented
For reasons completely unknown to me, people like to reference the things they are responsible for rather than the results they obtained! Again, this document is an important marketing and sales tool. The examples of what you have done with the corresponding outcome are paramount to ensure that your resume is considered! If you don’t reference how you drove productivity, revenue, profitability, or added value – some type of value, you will not be successful!
Make sure you provide the reader with the juicy details of how you added value for your employer. Here are a few examples to help you get started:
- Drafted a full business plan, including the financial forecast to open a new profit center for the company, resulting in a 40% revenue increase in year one.
- Conceptualized and implemented a team training concept, which reduced production downtime by 35% and increased employee productivity by 50%.
2. You Don’t Have Core Competencies Called Out
This is a quick snap-shot of what you are offering your next employer. This section is critical; it shows the reader at a quick glance what you bring to the table and what you have accomplished in the past. It will help the reader quickly understand the competencies you possess as they connect with the position for which you are applying.
It can be a bulleted list of key words that when scanned by a person or a system will be easily identified as your key attributes. Don’t be afraid to revise your existing, or add new competencies to meet the position description. I would not suggest adding them verbatim; get a little creative in how you write them.
3. You have Grammar And Spelling Mistakes
Grammar and spelling errors plague resumes! I once had a client who indicated that he put a plane in the ‘hanger’. Really, I thought – that had to be some closet! Spell check will not pick up things like this because hanger is a word, the wrong one, but a word nonetheless. Whatever the reason for the mistake - this is a costly error if detected by a hiring manager.
I would like to say that there is a catchall that will help you identify all errors related to grammar and spelling, but alas, I cannot. Of course use spell check. You should also read your resume backwards, yes, backwards to help you catch errors. I also recommend identifying a friend or family member that is rock solid with English grammar and spelling. Have that person review your resume to ensure that all errors are caught before you submit the resume. You should also consider getting The Blue Book of Grammar and Punctuation, which will definitely put you on the straight and narrow with respect to proper word usage. You will still need to get help with the spelling area though.
4. Your Presentation is Awful
How your resume looks is also important! Do your dates line up? Do lines roll to a second or third page? Consistent and an aesthetically pleasing presentation will help your resume shine. This demonstrates attention to detail – an all-important characteristic. If your resume looks sloppy, what will the hiring manager think? Possibly that you are disorganized and lack focus to ensure the details are reviewed. First impressions are lasting ones, and you want your resume to clearly articulate that you are focused, capable, and able to contribute to positive and lasting change. Choose an updated font like Book Antiqua in 10pts, Cambria in 10pts, or Tahoma in 9.5pts. Times New Roman is an outdated font, so I would encourage you to use something more timely.
Either get your resume professionally done, which will ensure that you are positioned correctly, and all your i’s are dotted and your t’s are crossed. Alternatively, there are many templates available online where you can populate your information into an existing format. This will help you stay on track and generate a document that is consistent and pleasing to look at.
5. You Still Have An Objective Statement
Aside from being complete outdated, objectives tell the reader what you want, not what you offer. A resume is a marketing and sales tool about YOU. You need to offer up information about what you bring to the company – not what you want them to do for you.
Instead, start your resume off with a compelling summary. This is 6-7 sentences about what you offer. Since you don’t have a lot of time to make an impact, reference things that are unique – things where you made a sustainable impact. You can even show metrics in your summary to quickly demonstrate the value that you offer. Your summary is your overview about your key attributes peppered with an example or two to make a swift impact.
There’s my top five for you with some actionable solutions to help you create a rockin’ results-oriented resume! http://resumesdonewrite.blogspot.com/
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