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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 November 19, 2019

    How to Become an Early Riser and Stay Energetic

    How to Become an Early Riser and Stay Energetic

    When you become an early riser, you’ll experience a lot of benefits including feeling more energized and having more time to do what you want.

    If you’d like to become an early riser, there are some things you should know before you run off to set your oft-ignored alarm clock.

    So how to become an early riser?

    Here are five tips I’ve discovered to be most helpful in making the transition from erratic sleeper to early morning wizard:

    1. Choose to Get up Before You Go to Sleep

    You’re not very good at making decisions when you’ve just woken up. You were in the middle of a dream in which [insert celebrity crush of choice here] is serving you breakfast in bed only to be rudely awakened by the harsh tones of your alarm clock. You’re frustrated, angry, confused, and surprised. This is not the time to be making decisions about whether or not you should stay in bed! And yet, most of us leave the first decision of our day to be made in a blur of partial wakefulness.

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    No more!

    If you want to be a consistently early riser, try making your decision to rise at a specific time before you go to sleep the night before. This frees you from making the decision in the morning when you’ve just woken up. Instead of making a decision, you have only to follow through on your decision from the night before.

    Easier said than done? Of course. But only for the first few times. Eventually, your need for raw willpower to get out of bed will diminish and you’ll be the proud parent of a new habit!

    Steve Pavlina suggests you practice getting out of bed during the day[1] to get a few of the “practice sessions” out of the way without the early morning fog in your head.

    2. Have a Plan for Your Extra Time

    Let’s say you’ve actually made it out of bed 2 hours before you normally would. Now what? What are you going to do with all this time you’ve discovered in your day?

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    If you don’t have something planned to do with your extra time, you risk falling for the temptation of a “morning nap” that wipes out all the work you put into getting up.

    What to do? Before you go to bed, make a quick note of what you’d like to get done during your extra hours the following day. Do you have a book to write, paper to read, or garage to clean? Make a plan for your early hours and you’ll do more than protect yourself from backsliding into bed.

    You’ll get things done and those results will fuel your desire to build rising early into a habit!

    3. Make Rising Early a Social Activity

    Your internet or social media buddies just don’t have enough pull to make your new habit stick in the long term. The same cannot be said for the people you spend time with as part of your early morning routine.

    Sure, you could choose to read blogs for two hours every morning. But wouldn’t it be great to join an early breakfast club, running group, or play chess in the park at 5am?

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    The more people you get involved in making your new habit a daily part of your life, the easier it’ll be to succeed.

    4. Don’t Use an Alarm That Makes You Angry

    If we’re all wired differently, why do we all insist on torturing ourselves with the same sort of alarm each morning?

    I spent years trying to wake up before my alarm went off so I wouldn’t have to hear it. I got pretty good, too. Then I started using a cellphone as my alarm clock and quickly realized that different ring tones irritated me less but worked just as well to wake me up. I now use the ring tone alarm as a back up for my bedside lamp plugged in to a timer.

    When the bright light doesn’t work, the cellphone picks up the slack and I wake up on time. The lesson learned? Experiment a bit and see what works best for you. Light, sound, smells, temperature, or even some contraption that dumps water on you might be more pleasant than your old alarm clock. Give something new a try!

    5. Get Your Blood Flowing Right After Waking

    If you don’t have a neighbor, you can pick fights with at 5am, you’ll have to settle with a more mundane exercise. It doesn’t take much to get your blood flowing and chase the sleep from your head.

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    Just pick something you don’t mind doing and go through the motions until your heart rate is up. Jumping rope, push-ups, crunches, or a few minutes of yoga are typically enough to do the trick. (Just don’t do anything your doctor hasn’t approved.)

    If you live in a beautiful part of the world like me, you might want to use a bit of your early morning to go for a walk and enjoy the beauty of the world around you.

    If you have a coffee shop open within walking distance, dragging yourself out of bed for a cup of coffee to savor on your walk home as the world wakes around you is a wonderful experience. Try it!

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    Featured photo credit: Nomadic Julien via unsplash.com

    Reference

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