I’m sure you have heard the saying “There’s more than one way to skin a cat”. I’m not sure where that saying came from but it certainly is true.
Take your computer for example. You personally have ways of doing things based on your experience but I’ll bet your work colleagues and family members know different shortcuts and ways to do what you can do.
Here’s one you may not know:-
Did you know that on a PC if you hold down your Alt key and tap your Tab key, it will switch you between the previous window you were working in and the one you are working in at the moment and if you have a number of windows open you can tap more than once to switch between your current window and any others you have open. Maybe you knew about that one, but if you didn’t, knowing this new info could speed up your productivity significantly in the course of a day. No more having to locate and click on an icon at the bottom of the screen!!!
Of course if you find that other people are faster and more productive and can run rings around you at work it would be in your best interest to find out what they are doing differently so you can stay competitive.
Anyway my point for today is that I have noticed over the years that people who struggle to get on top of their day to day finances seem to behave like there is only one way to solve most of their problems and that is by throwing money at them.
In other words they are victims of life, being carried along by circumstances rather than dictating what they will and won’t spend their money on.
If the car breaks down they have no alternative but to pay to get it fixed. If the cat gets sick they have to pay the vet, if the refrigerator stops working they have to go shopping for a new one and so on.
Now don’t get me wrong, some times you just have to do what you have to do, but given that there is always more than one way to achieve almost anything I personally have always taken the stance that throwing money at a problem is only one solution (usually the last option I will consider), and in many cases I have found other more rewarding ways to solve my problems.
When my car was off the road I simply had to find another way to get from A to B. Some times I rode my push bike and other times I got lifts from friends and work colleagues.
When my refrigerator ran out of gas for the 3rd time and I had no money for a new one, I phoned up the refrigerator mechanic who had re-gassed it each time and he told me where the leak was likely to be found and I started pulling it to pieces until I found it. I used Araldite and rags to glue up the leaky pipe, put it back together and got a few more years out of it (which allowed me to save up for a new one).
In our modern society, businesses have emerged from (and thrive on) making it easy for people to do just about anything you can think of. Before those easy solutions came along we all survived, we just had to be more resourceful or more responsible. E.g. we would make arrangements to meet at a certain place and time before we left home. Now we don’t plan our meeting points, we use our mobile phone to locate family and friends when we are out and about. How many people struggle to pay the mobile phone bill each month? Rewind 20 years and you probably didn’t even have one, you just had to be better organised!
So I want to encourage you to look at your expenses and identify where you are throwing money at problems and instead you could be doing something differently.
Look at your grocery bill each week. Could you grow your own vegies and make the food scraps become compost? Do you need to purchase all those cleaning products? Is there a cheaper and just as effective alternative?
Look at your fuel bill each week. Do you really need to drive as far as you do?
How many expenses have you just accepted and no longer even question?
You do have the power to say, “There must be another way!”
When you have no spare money and get a speeding ticket, somehow you find the spare money to pay the fine. When you use that same principle in reverse to say I can save money even where I think there is none to be saved you will start saving money!
I am currently planning “Cracking the Success Code” workshops for Melbourne, Sydney and Brisbane? Jennie Brown is one of the presenters and will be talking about how to work on your mind-set. In a way this is what I am referring to today. If your ‘mind-set’ is that there is no way you can avoid being a victim of your finances, then you are probably right. On the other hand, if you change that point of view, you can change your reality!
Click Here to find out more about those workshops.
At those workshops I will be covering the topic of managing your money, Jennie will be coving the topic of managing your mindset and Nhan Nguyen will be presenting how you could generate more income and collateral through property.
Click Here to find out more and maybe I will get to meet you at one of those workshops (if you decide it is time to do something different).
That’s all for today.