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5 Questions That Will Save You Time And Money

5 Questions That Will Save You Time And Money

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    When you’re thinking about productivity, one of the most important questions you should ask yourself is just how much your time is worth. There is no question that there are some tasks you should pay other people to do, but it can be hard to decide just which ones to hand over to trained professional — especially if you are trying to save money.

    Beyond that one crucial question, though, there are plenty of smaller issues that can help you decide which tasks will save you money without inhibiting your productivity and which will end up just being a waste of your time. These questions will help you bring balance to both your spending and to your time.

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    1. Do I have the skills necessary for the task? Sure, I can probably save a boatload of money by fixing my own plumbing.  Just getting a plumber to come out and look at a problem could cost me a hundred dollars. And there’s guaranteed to be a couple hours of my time that gets used up along with my money, while I wait around for the plumber to show. But, unless the problem is extremely minor, I’ll probably hand over my money to the plumber. The fact of the matter is that, even with a home repair guide by my side, I know I don’t have the skills to fix most plumbing issues. And the ones that I can puzzle through will probably take up far more hours of my day. We’re not going to even think about the cost of my making the problem worse.
    2. How much do I enjoy the task? I enjoy gardening, which I could probably forgo in favor of buying vegetables at the supermarket for a lower cost in terms of my time. However, I enjoy my hobby and I’m more than happy to spend a little time on it — even if the return on my time may not be quite worth the time I lavish on my hobby. In contrast, there are a couple of tasks I absolutely hate — like just about everything having to do with cars. I’ll pump gas, but the odds of getting me to do something like change my own oil are slim to none. I’ll gladly pay money to get out of that particular task.
    3. Is a compromise available? So many tasks seem to fall into one of two categories: you either do it yourself or you hire someone to do it. But there are plenty of tasks that you can compromise on: you can do the easy parts of the job and only pay someone else for the parts you don’t find worth your while. A good example might be setting up a website. If you’re a designer, you would probably be very comfortable doing all the design work on the site, and even coding it up yourself. But you might hire someone to write some or all of the website’s content.  And if you find someone you can work well with for paying projects, you can often increase the amount of work you can take on — upping income for both of you.
    4. Can I get this done without spending money? There are plenty of options for getting people to take on tasks without paying cash. There are, after all, other incentives. Students of various types are often looking for experience, such as student massage therapists who while offer free or cheap massages while they’re studying. There are occasions where you get exactly what you pay for, but it’s a strategy often worth investigating. Other options can include bartering — trading something you’ll be doing anyhow for a service from another person is ideal. I’ll often pick up something from the store for my neighbor in exchange for her pet-sitting while I’m traveling.
    5. Is it really practical for me to take on a given task? While I really like the thought of raising my own chickens so that I can stop buying eggs, it isn’t a practical option for me. I’m going to keep buying eggs at the grocery store for a while — at least as long as I have a landlord who would lay an egg of his own if I suggested the idea of keeping a layer or two around. There are thousands of examples of points in our lives when time and other concerns make the effort to save a few dollars entirely impractical. Do-it-yourself doesn’t always make sense, I’m afraid.

    There are lots ways we put value on our time: there’s time we could use to earn money, to spend with our families or to devote ourselves to a hobby. And, yes, we can often save money or make a dollar stretch further by doing certain tasks ourselves. But we must balance between the value of the dollar we might not want to spend on an already-made shirt and the hour we might spend making one. Productivity and personal finance have to go hand in hand — what sense does a budget make if you don’t know how much time you have to spend on both earning money and how much you can spend on tasks that might save you money. As you start planning next month’s budget, it’s worth pulling out the calendar and thinking hard about just how much time you have available in with to do things yourself.

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    Last Updated on September 17, 2018

    Why Do I Have Bad Luck? 2 Simple Things to Change Your Destiny

    Why Do I Have Bad Luck? 2 Simple Things to Change Your Destiny

    Are you one of those people who are always suffering setbacks? Does little ever seem to go right for you? Do you sometimes feel that the universe is out to get you? Do you wonder:

    Why do I have bad luck?

    Let me let you into a secret:

    Your luck is no worse—and no better—than anyone else’s. It just feels that way. Better still, there are two simple things you can do which will reverse your feelings of being unlucky.

    1. Stop believing that what happens in your life is down to the vagaries of luck, destiny, supernatural forces, malevolent other people, or anything else outside your self.

    Psychologists call this “external locus of control.” It’s a kind of fatalism, where people believe that they can do little or nothing personally to change their lives.

    Because of this, they either merely hope for the best, focus on trying to change their luck by various kinds of superstition, or submit passively to whatever comes—while complaining that it doesn’t match their hopes.

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    Most successful people take the opposite view. They have “internal locus of control.” They believe that what happens in their life is nearly all down to them; and that even when chance events occur, what is important is not the event itself, but how you respond to it.

    This makes them pro-active, engaged, ready to try new things, and keen to find the means to change whatever in their lives they don’t like.

    They aren’t fatalistic and they don’t blame bad luck for what isn’t right in their world. They look for a way to make things better.

    Are they luckier than the others? Of course not.

    Luck is random—that’s what chance means—so they are just as likely to suffer setbacks as anyone else.

    What’s different is their response. When things go wrong, they quickly look for ways to put them right. They don’t whine, pity themselves, or complain about “bad luck.” They try to learn from what happened to avoid or correct it next time and get on with living their life as best they can.

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    No one is habitually luckier or unluckier than anyone else. It may seem so, over the short term (Random events often come in groups, just as random numbers often lie close together for several instances—which is why gamblers tend to see patterns where none exist).

    When you take a longer perspective, random chance is just . . . random. Yet those who feel that they are less lucky, typically pay far more attention to short-term instances of bad luck, convincing themselves of the correctness of their belief.

    Your locus of control isn’t genetic. You learned it somehow. If it isn’t working for you, change it.

    2. Remember that whatever you pay attention to grows in your mind.

    If you focus on what’s going wrong in your life—especially if you see it as “bad luck” you can do nothing about—it will seem blacker and more malevolent.

    In a short time, you’ll become so convinced that everything is against you that you’ll notice more and more instances where this appears to be true. As a result, you will almost certainly stop trying, convinced that nothing you can do will improve your prospects.

    Fatalism feeds on itself until people become passive “victims” of life’s blows. The “losers” in life are those who are convinced they will fail before they start anything; sure that their “bad luck” will ruin any prospects of success.

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    They rarely notice that the true reasons for their failure are ignorance, laziness, lack of skill, lack of forethought, or just plain foolishness—all of which they could do something to correct, if only they would stop blaming other people or “bad luck” for their personal deficiencies.

    Your attention is under your control. Send it where you want it to go. Starve the negative thoughts until they die.

    To improve your fortune, first decide that what happens is nearly always down to you; then try focusing on what works and what turns out well, not the bad stuff.

    Your “fate” really does depend on the choices that you make. When random events happen, as they always will, do you choose to try to turn them to your advantage or just complain about them?

    Thomas Jefferson is said to have used these words:

    “I’m a great believer in luck and I find the harder I work, the more I have of it.”

    Ralph Waldo Emerson said:

    “Shallow men believe in luck. Strong men believe in cause and effect.”

    Your luck, in the end, is pretty much what you choose it to be.

    Featured photo credit: LoboStudio Hamburg via unsplash.com

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