March Money Madness: How to Save $500 in 30 days

March Money Madness: How to Save $500 in 30 days

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Saving is hard! Very hard. No matter what anyone says! The money you tuck away in your savings account could be providing you pleasure right this moment! No one wants to save, simply because it is unpleasant. I find myself asking, “Why can’t I just buy the shoes now?? Life is short”. Even when I know I should save! But what if saving could be very easy! As in superrr easy? This 30-day challenge will help you save close to $500 and get your finances in order! If you already save money, then this would just help you save an extra $500, which is awesome! Now not all challenges are made equal. Some are easy like this one, while others are just not meant to be. Believe me, my 30 day squat challenge ended on Day 3! Before you start planning your finances, start from the very beginning: you need to know…

Saving Is Awesome, Spending Sucks!

Saving Is Awesome, Spending Sucks!

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Saving is hard. No matter what personal finance blogs say, arguing about the future, and just how much money one will have in the future, the fact remains that you do not have that money now.  That $300 that could be used for clothes, movies, video games, or my personal weakness, computer parts, is now tied up in a savings account. Well that’s boring. It’s hard to convince people that saving money is more appealing than spending that money on goods that benefit you immediately.  As a random finance blogger, however, I am going to attempt to convince you that saving is awesome, and that spending has less benefits than you may imagine. My first challenge is trying to convince you that spending is icky.  I want you to try and remember your last big purchase of a physical item.  Do you remember how you felt before the purchase, and…

I Stopped Multitasking; You Should Too!

I Stopped Multitasking; You Should Too!

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We’ve all heard that multitasking is a good thing. In fact doing only one thing at a time, seems wasteful in today’s society. When I was in university I dubbed myself a multitasking genius as I usually cooked dinner, did homework, and watched my TV shows at the same time! In my mind I was killing it at multitasking. But after years of multitasking I realized, Our brains aren’t built to multitask, instead they are built to focus on one thing at a time. In fact what we know as multitasking is actually task switching and this is actually terrible! Every time we switch between tasks we waste valuable time and brain power as we have to remember where we left off, and then get back in the zone to complete the task. This is similar to what happens when you use your smart phone to switch back and forth between…

If You Can Answer Yes to These 4 Questions; You Will Grow Your Net Worth! (Part 2)

If You Can Answer Yes to These 4 Questions; You Will Grow Your Net Worth! (Part 2)

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This article is the second part of a two part series, discussing 4 characteristics that accumulators of wealth share. The first part of this series explored why it is necessary to know how much you spend on shelter, clothing and food (in other words basics) every year. Knowing this will allow you to control your consumption rather than letting consumption control you! This post explores three more characteristics that high accumulators of wealth share. If you wish to grow your net worth/ wealth and retain it, you must be able to answer YES to these questions:  Question 2: Do you operate on an annual budget? Allocating your expected future earnings to different consumption and savings and/or investment categories for the year is important so that you’re able to cope with any unexpected situations, and also live comfortably. A lot of people see budgets as restricting, and therefore a bad thing. However, a budget actually gives you…

Winning At Networking

Winning At Networking

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  You can drastically change the quality of your life – especially your ability to accumulate wealth by networking effectively and taking advantage of the opportunities presented to you! Your network is truly your net worth. Sounds cliché but it’s true. The first few job offers I received after I graduated from university, came from networking with people at conferences, and emailing strangers that were successful in the industry I wanted to be in (for me that was accounting and finance). Winning at networking means finding a way to leverage your network to create opportunities for yourself! People network for different reasons: to get a job, a business contract, a business partner, an investor, or just to meet a new friend. As long as you are able to leverage your network, the opportunities are endless! However, networking can be quite daunting for a lot of people. I know this too well, because…