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Want to Know What Your Personal Values Are? Ask Your Bank.

Want to Know What Your Personal Values Are? Ask Your Bank.
    Photo credit: qas (CC BY-NC-SA 2.0)

    Before I begin, I need to give full credit of this post to Rob Lawrence, a great friend of mine and the co-author of a book we wrote together called Get Noticed. Rob is also a creativity coach who has inspired me on numerous occasions with his advice. One particular instance was when he was telling me about measuring values.

    I can’t quite remember how it came up, but Rob and I were having a conversation about how personal values can change over short periods of time and how you can measure them. Rob suggested to me that my personal values are largely defined by two things; how I spend my money, and how I spend my time.

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    It’s a simple concept, but when you think about it we all have two main commodities which we can spend as we choose; time and money. Therefore, how we decide to allocate those two commodities should indicate which things we value more than others.

    In June 2011 I decided to open up my bank statement to see where I was spending my money. I was shocked to see that I was spending almost a fifth of my income on rent (something I don’t feel I valued highly) and also how little I was spending on eating out (something I thought I valued much more).

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    My Values

      Four months down the line I revisited this task and was shocked by how much my spending has changed in such a small amount of time. A lot of things have changed over the past four months, but my rent now represents nearer to 10% of my income, which is good, but my car is now costing me 22% of my income, which is not something I’m too pleased about.

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      It’s important to note when doing this, that it’s more to do with what each category represents rather than the category itself. For example, despite 22% of my income being spent on driving, that doesn’t mean I love driving, it means that I value seeing new places and getting to work on time. The 19.3% that I spend eating out is more to do with spending time with colleagues, friends, and my girlfriend, than it is about a love for eating in restaurants.

      How you spend your day is who you are

      Last month I realised that I’m as much a writer as I am a social media guy. When people asked me “what do you do?” my immediate reaction is to say “I work in social media at a digital marketing agency”, but in reality I probably spend more time writing books and blog posts than I do working at the agency, therefore, it’s probably fair to say that I’m predominantly a writer.

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      Analyzing how you spend your time can be a very insightful activity to do from various angles, but looking from the perspective of “what are my values” can show you how much value you place on different friends, family, work, side projects, sleeping, keeping fit and other things that you spend your days doing.

      How knowing your values can improve your lifestyle

      All of this information is great, but unless you do something with it it’s worthless.

      I recommend analyzing how your money and time is spent for one month, and then writing down five things you want to decrease your spend on, and five things you’d like to increase your spend on. Then several months down the line revisit this exercise and see how you’re getting on.

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      Want to Know What Your Personal Values Are? Ask Your Bank.

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      Last Updated on August 4, 2020

      8 Benefits of a Minimalist Lifestyle That Get You to Live With Less

      8 Benefits of a Minimalist Lifestyle That Get You to Live With Less

      Minimalism is a way to put a stop to the gluttony of the world around us. It’s the opposite of every advertisement we see plastered on the radio and TV. We live in a society that prides itself on the accumulation of stuff; we eat up consumerism, material possessions, clutter, debt, distractions and noise.

      What we don’t seem to have is any meaning left in our world.

      By adopting a minimalist lifestyle, you can throw out what you don’t need in order to focus on what you do need.

      I know first hand how little we actually need to survive. I was fortunate enough to live in a van for four months while traveling throughout Australia. This experience taught me valuable lessons about what really matters and how little we really need all this stuff we surround ourselves with.

      Less is more.

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      Living a minimalist lifestyle is reducing.There are a few obvious benefits of minimalism such as less cleaning and stress, a more organized household and more money to be found, but there are also a few deep, life-changing benefits.

      What we don’t usually realize is that when we reduce, we reduce a lot more than just stuff.

      Consider just some of the benefits of living with fewer possessions:

      1. Create Room for What’s Important

      When we purge our junk drawers and closets we create space and peace. We lose that claustrophobic feeling and we can actually breathe again. Create the room to fill up our lives with meaning instead of stuff.

      2. More Freedom

      The accumulation of stuff is like an anchor, it ties us down. We are always terrified of losing all our ‘stuff’. Let it go and you will experience a freedom like never before: a freedom from greed, debt, obsession and overworking.

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      3. Focus on Health and Hobbies

      When you spend less time at Home Depot trying unsuccessfully to keep up with the Joneses, you create an opening to do the things you love, things that you never seem to have time for.

      Everyone is always saying they don’t have enough time, but how many people really stop and look at what they are spending their time doing?

      You could be enjoying a day with your kids, hitting up the gym, practicing yoga, reading a good book or traveling. Whatever it is that you love you could be doing, but instead you are stuck at Sears shopping for more stuff.

      4. Less Focus on Material Possessions

      All the stuff we surround ourselves with is merely a distraction, we are filling a void. Money can’t buy happiness, but it can buy comfort. After the initial comfort is satisfied, that’s where our obsession with money should end.

      We are bombarded by the media presenting promises of happiness through materialistic measures. It’s no wonder we struggle everyday. Resist those urges. It’s an empty path, it won’t make you happy.

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      It’s hard not to get roped into the consumerism trap. I need constant reminders that it’s a false sense of happiness. I enjoy stuff, but I also recognize that I don’t need it.

      5. More Peace of Mind

      When we cling onto material possessions we create stress because we are always afraid of losing these things. By simplifying your life you can lose your attachment to these things and ultimately create a calm, peaceful mind.

      The less things you have to worry about, the more peace you have, and it’s as simple as that.

      6. More Happiness

      When de-cluttering your life, happiness naturally comes because you gravitate towards the things that matter most. You see clearly the false promises in all the clutter, it’s like a broken shield against life’s true essence.

      You will also find happiness in being more efficient, you will find concentration by having refocused your priorities, you will find joy by enjoying slowing down.

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      7. Less Fear of Failure

      When you look at Buddhist monks, they have no fear, and they have no fear because they don’t have anything to lose.

      In whatever you wish to pursue doing you can excel, if you aren’t plagued with the fear of losing all your worldly possessions. Obviously you need to take the appropriate steps to put a roof over your head, but also know that you have little to fear except fear itself.

      8. More Confidence

      The entire minimalist lifestyle promotes individuality and self reliance. This will make you more confident in your pursuit of happiness.

      What’s Next? Go Minimalism.

      If you’re ready to start living a minimalist lifestyle, these articles can help you to kickstart:

      Featured photo credit: Unsplash via unsplash.com

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