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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 November 28, 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? Is bad luck real?

      A couple of months ago, I met up with an old friend of mine who I hadn’t seen since last year. Over lunch, we talked about all kinds of things, including our careers, relationships and hobbies.

      My friend told me his job had become dull and uninteresting to him, and despite applying for promotion – he’d been turned down. His personal life wasn’t great either, as he told me that he’d recently separated from his long-term girlfriend.

      When I asked him why things had seemingly gone wrong at home and work, he paused for a moment, and then replied:

      “I’m having a run of bad luck.”

      I was surprised by his response as I’d never thought of him as someone who thought that luck controlled his life. He always appeared to be someone who knew what he wanted – and went after it with gusto.

      He told me he did believe in bad luck because of everything happened to me.

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      It was at this point, that I shared my opinion on luck and destiny:

      While chance events certainly occur, they are purely random in nature. In other words, good luck and bad luck don’t exist in the way that people believe. And more importantly, even if random negative events do come along, our perspective and reaction can turn them into positive things.

      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 and change your luck.

      1. Stop believing that what happens in life is out of your control.

      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 yourself.

      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.

      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.

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      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. They have this Motivation Engine, which most people lack, to keep them going.

      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.

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      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 drown yourself in negative energy and almost certainly stop trying, convinced that nothing you can do will improve your prospects.

      Not long ago, a reader (I’ll call her Kelly) has shared with me about how frustrated she felt and how unlucky she was. Kelly’s an aspiring entrepreneur. She had been trying to find investors to invest in her project. It hadn’t been going well as she was always rejected by the potential investors. And at her most stressful time, her boyfriend broke up with her. And the day after her breakup, she missed an important opportunity to meet an interested investor. She was about to give up because she felt that she’d not be lucky enough to build her business successfully.

      It definitely wasn’t an easy time for her. She was stressful and tired. But it wasn’t bad luck that was playing the role.

      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.

      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.

      I explained to Kelly that to improve her fortune and have “good luck”, first decide that what happens is nearly always down to her; then try to focus on what works and what turns out well, not the bad stuff.

      Then Kelly tried to review her current situation objectively. She realized that she only needed a short break for herself — from work and her just broken-up relationship. She really needed some time to clear up her mind before moving on with her work and life. When she got her emotions settled down from her heartbreak, she started to work on improving her business’ selling points and looked for new investors that are more suitable.

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      A few months later, she told me that she finally found two investors who were really interested in her project and would like to work with her to grow the business. I was really glad that she could take back control of her destiny and achieved what she wanted.

      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?

      What’s Next?

      Now that you’ve learned the 2 simple things you can do to take control of your fate and create your own luck. But this isn’t it! These simple techniques you’ve learned here are just part of the essential 7 Cornerstone Skills — a skillset that will give you the power to create permanent solutions to big problems in life — any problem in any area of your life!

      If you think you’re “suffering from bad luck”, you can really change things up and start life over with these 7 Cornerstone Skills. It may even be a lot easier than you thought:

      How to Start Over and Reboot Your Life When It Seems Too Late

      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.”

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

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      Featured photo credit: LoboStudio Hamburg via unsplash.com

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