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8 Simple Ways to Save Money & Help Stop Poverty

8 Simple Ways to Save Money & Help Stop Poverty

    According to GlobalRichList.com, I’m in the top 0.82% richest people in the world.

    That’s not to brag, though. Almost everyone with the means to read this post is in that top one percent somewhere.

    But there are billions more people out there who are not in the top one percent, and they’re not in the top two or three either. The majority of our planet is living in poverty.

    Economic crises (and the accompanied fear mongering) aside, we sometimes look at the world as a prosperous place with a few unfortunate pockets of poverty strewn about. It’s so easy to forget that the majority of the world lives in poverty, or pretty damn close to it. Easier for us, at least.

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    The UN definition of poverty is living on less than a dollar a day; I’d suggest that’s a number chosen to keep the sheer statistical size of this situation from light, since it’s hard enough to live on $30 a day. Sure, not as extreme, but by no means easy in many areas of the world. We are incredibly lucky to be a part of this miniscule percentage of people who are, by all means, rich.

    Even if you’re in debt and have a terrible credit rating, you’re rich compared to much of the world. I don’t say that to deride anyone, but remind us all that we’re lucky, even when times are terrible by our own standards. There is something everyone can do to help. Even a mere dollar makes a difference; that’s a doubling of daily income for many.

    Here are a whole bunch of ways you can save more money that we’ve discussed on Lifehack. If it’s this easy to find a few dollars, it’s easy to help stop poverty.

    Make Your Own Coffee, Use the Library, Get Netflix

    Chris Brogan shares a list of ways you can cut a significant number of expenses easily and immediately, from making your own coffee with an espresso machine instead of heading out to Starbucks, using the public library instead of splurging on books all the time, drinking at a friend’s place instead of the pub and laying off the lead foot on your accelerator.

    With some or all of the money you free up using these tips, you could fund a loan with Kiva; and you’re not even losing money since the majority of these loans are fully repaid!

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    Stick to Your Budget

    Here’s a list of 32 hacks to help you stick to your budget. I’m willing to bet that most of us run out of money just before payday because we’re terrible at staying within the boundaries of our budget. If you can get yourself to stay within your budget for just one month, you could still make a difference. Maybe keeping up with a few good personal finance blogs will help in this regard as well.

    With the savings you could help out an organization such as USA for UNHCR, an organization that helps refugees; people who are not only living in poverty, but displaced from their own countries, cultures and families as well.

    Wallet-Padding Tips for Troubled Economies

    Our Thursday published a list of ways you could fatten the wallet up a bit even during harsh economic times. My favorite is the last item: stop paying attention to all the fear mongering in the news. Many are more practical, such as beefing up your resume and learning new skills so you can land a higher income.

    With the savings you could donate to an organization like the Global Fund, which fights AIDS, tuberculosis and malaria in developing countries.

    Insulate Your Crawl Space

    Kyle Potts writes that by insulating your crawl space, you can save plenty of money on your energy bill over the long-term. You won’t just save on your energy bills: a poorly insulated or vented crawl space can lead to mold and rotting in your flooring, which can cost a fortune to repair.

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    A few dollars freed up on your energy bill can make a big difference, perhaps by making it more affordable to sponsor a World Vision child.

    Save Money on Your Phone Bill

    Do you tend to blow the budget on your phone bill? Not that long ago I wrote an article that described how you could save thousands on your iPhone bill, though many of these tips – and software suggestions – are adaptable to all sorts of mobile phones, especially any kind of smartphone or PDA that tends to run the bill sky high.

    Whatever you save on your phone bill, you could give to World Concern, an international humanitarian non-profit doing some great work.

    Use Your Digital Camera

    Thursday strikes again with a list of ways you can save money with the help of a digital camera or your phone’s camera. The list covers everything from taking snaps to help you recall things that, if forgotten, will cost you more, to monetizing your best shots on stock photography sites.

    You might use your savings to donate to the Action Center to End World Hunger.

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    Get Organized

    Just keeping organized can save you a heap of dosh. I know the difference on my tax return between years when I keep meticulous expense records and years when I don’t is huge; organization certainly pays in that regard. Lorie Marrero lists a whole bunch of other ways that good organization keeps your bank account that bit fuller.

    Getting organized can free you up to donate to Poverty Fighters, a microcredit organization.

    Bring Your Own Lunch to Work

    The amount of money you can save by bringing your own lunch to work instead of heading out to an eatery or the corporate cafeteria over the course of a year is pretty amazing. According to this article, the savings come to as much as $988. That’s almost three years worth of earnings for many people living in poverty. If you could pay for one person to live for three years, three people to live for one year, or thirty people to live for a month, wouldn’t that at least bring a smile to your face?

    While you’re saving on food money, help feed someone else by donating to the Friends of the World Food Program.

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      Last Updated on February 20, 2019

      How to Get Promoted When You Feel Stuck in Your Current Position

      How to Get Promoted When You Feel Stuck in Your Current Position

      Are you stuck in the same position for too long and don’t really know how to get promoted and advance your career?

      Feeling stuck could be caused by a variety of things:

      • Taking a job for the money
      • Staying with an employer that no longer aligns with your values
      • Realizing that you landed yourself in the wrong career
      • Not feeling valued or feeling underutilized
      • Staying in a role too long out of fear
      • Taking a position without a full understanding of the role

      There are many, many other reasons why you may be feeling this way but let’s focus instead on getting unstuck.

      As in – getting promoted.

      So how to get promoted?

      I’m of the opinion that the best way to get promoted is by showing how you add value to your organization.

      Did you make money, save money, improve a process, or some other amazing thing? How else might you demonstrated added value?

      Let’s dive right in how to get promoted when you feel stuck in your current position:

      1. Be a Mentor

      When I supervised students, I used to warm them – tongue in cheek, of course – about getting really good at their job.

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      “Be careful not to get too good at this, or you’ll never get to do anything else?”

      This was my way of pestering them to take on additional challenges or think outside the box, but there is definitely some reality in doing something so well that your manager doesn’t trust anyone else to do it.

      This can get you stuck.

      Jo Miller of Be Leaderly shares this insight on when your boss thinks you’re too valuable in your current job:[1]

      “Think back to a time when you really enjoyed your current role. I bet there was a time when this job was a stretch for you, and you stepped up to the challenge and performed like a rock star. You became known for doing your job so well that you built up some strong “personal brand” equity, and people know you as the go-to-person for this particular job. That’s what we call “a good problem to have”: you did a really good job of building a positive perception about your suitability for the role, but you may have done “too” good of a job!”

      With this in mind, how do you prove to your employer that you can add value by being promoted?

      In Miller’s insight, she talks about building your personal brand and becoming known for doing a particular job well. So how can you link that work with a position or project that will earn you a promotion?

      Consider leveraging your strengths and skills.

      Let’s say that project you do so well is hiring and training new entry level employees. You have to post the job listing, read and review resumes, schedule interviews, making hiring decisions, and create the training schedules. These tasks require skills such as employee relations, onboarding, human resources software, performance management, teamwork, collaboration, customer service, and project management. That’s a serious amount of skills!

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      Is there anyone else on your team who can perform these skills? Try delegating and training some of your staff or colleagues to learn your job. There are a number of reasons why this is a good idea:

      1. Cross-training helps in any situation in the event that there’s an extended illness and the main performer of a certain task is out for a while.
      2. In becoming a mentor to a supervisee or colleague, you empower then to increase their job skills.
      3. You are already beginning to demonstrate that added value to your employer by encouraging your team or peers to learn your job.

      Now that you’ve trained others to do that work for which you have been so valued, you can see about re-requesting that promotion. Be ready to explain how you have saved the company money, encouraged employees to increase their skills, or reinvented that project of yours.

      2. Work on Your Mindset

      Another reason you may feel stuck in a position is well explained by Ashley Stahl in her Forbes article. Shahl talks about mindset, and says:[2]

      “If you feel stuck at a job you used to love, it’s normally you–not the job–who needs to change. The position you got hired for is probably the exact same one you have now. But if you start to dread the work routine, you’re going to focus on the negatives.”

      In this situation, you should pursue a conversation with your supervisor and share your thoughts and feelings. You can probably get some advice on how to rediscover the aspects of that job you enjoyed, and negotiate either some additional duties or a chance to move up.

      Don’t express frustration. Express a desire for more.

      Share with your supervisor that you want to be challenged and you want to move up. You are seeking more responsibility in order to continue moving the company forward. Focus on how you can do that with the skills you have and will develop with some additional projects and coaching.

      3. Improve Your Soft Skills

      When was the last time you put focus and effort into upping your game with those soft skills? I’m talking about those seemingly intangible things that make you the experienced professional in your specific job skills:

      An article on Levo.com suggests that more than 60 percent of employers look at soft skills when making a hiring decision.[3]

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      You can bone up on these skills and increase your chances of promotion by taking courses or seminars.

      And you don’t necessarily need to request funding from your supervisor, either. There are dozens of online courses being presented by entrepreneurs and authors about these very subjects. Udemy and Creative Live both feature online courses at very reasonable prices. And some come with completion certificates for your portfolio!

      Another way to improve your soft skills is by connecting with an employee at your organization who has the position you are seeking.

      Express your desire to move up in the organization, and ask to shadow that person or see if you can sit in on some of her meetings. Offer to take that individual out for coffee and ask what her secret is! Take copious notes and then immerse yourself in the learning.

      The key here is not to copy your new mentor (think Jennifer Jason Leigh in “Single White Female.” Just kidding). Rather, you want to observe, learn and then adapt according to your strengths. And don’t forget to thank that person for their time.

      4. Develop Your Strategy

      Do you even know specifically WHY you want to be promoted anyway? Do you see a future at this company? Do you have a one year, five year, or ten year plan? How often do you consider your “why” and insure that it aligns with your “what?”

      Sit down and do an old-fashioned Pro and Con list. Two columns:

      Pro’s on one side, Con’s on the other.

      Write down every positive aspect of your current job and then every negative one. Which list is longer? Are there any themes present?

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      Look at your lists and choose the most exciting Pro’s and the most frustrating Con’s. Do those two Pro’s make the Con’s worth it? If you can’t answer that question with a “yes” then getting promoted at your current organization may not be what you really want.

      The two most important days in your life are the day you are born and the day you find out why. –Mark Twain

      Mel Carson writes about this on Goalcast that many other authors and speakers have written about finding your professional purpose.[4]

      Here are some questions to ask yourself:

      • Why is it that you do what you do?
      • What thrills you about your current job role or career?
      • What does a great day look like?
      • What does success look like beyond the paycheck?
      • What does real success feel like for you?
      • How do you want to feel about your impact on the world when you retire?

      These questions would be great to reflect on in a journal or with your supervisor in your next one-on-one meeting. Or, bring it up with one of your Vital Work Friends over coffee.

      See, what you might find is that being stuck is your choice. And you can set yourself on the path of moving up where you are, or moving on to something different.

      Because sometimes the real promotion is finding your life’s purpose. And like Mastercard says, that’s Priceless.

      More Resources About Career Advancement

      Featured photo credit: Razvan Chisu via unsplash.com

      Reference

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