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Staying Motivated View all

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Motivation

5 Tips for Getting Wealthy One Day at a Time

Let’s face it – money makes the world go ‘round. You don’t need a million dollars to have a happy life, but you need some cash to make sure you can feed yourself, keep a roof over your head and get any other essentials you need to live a comfortable life. You won’t need to make tons of money to accomplish this, but let’s be honest: it’s nice to have a nest egg and be comfortable.

Having money and being wealthy doesn’t mean living in absolute opulence. It means being secure in your living situation and having enough to retire with when you get up there in age. It means being able to go to the hospital and being able to take care of your medical bills if you need to. Giving some money to your family after you’re gone so they can live well too.

The good news is that you don’t have to work yourself to the bone to make some money if you want to start squirreling it away. It doesn’t take already having 10,000 to invest it and turn it into a million. If you want to start getting wealthy one day at a time, all that it takes is being smart and savvy with where your money is going.

Daily Indulgences

Are you one of those people who thinks “this is only $1, so it’s okay to spend it?” Or “Five dollars every once in a while isn’t a big deal?” While these statements aren’t untrue, they may be what is keeping you from being as wealthy as you can be.

Tally up your daily silly expenses for a week. This can include your Starbucks bill or the mints you buy at the corner store once a week. Once you have a total, imagine investing this kind of money into a savings account every week for a year. If you spend $40 willy-nilly a week, this means you could save up over $2,000 a year just by avoiding daily indulgences.

Get a Better Budget

One reason you might be bleeding extra money is you aren’t budgeting properly. Your budget shouldn’t just be lump sum guestimates, like “I can spend $100 here and there.” Get some concrete numbers and set up a long term budget that can work for you for six months to a year.

Pay Off Debts Quickly

The interest you amass on things like credit cards and loans may be another reason you’re not as wealthy as you could be. If you have loans and debts with high interest rates or annual fees, all that extra money you’ve been saving can disappear in a flash. When you find yourself in debt, set up a system for paying it off and don’t put it off for long.

Stay Organized

Never lose your receipts. If you ever run into a financial discrepancy, you need proof and ammunition to fix the problem or resolve the issue. This can both help you prevent problems like identity theft or wrong transactions, but it can also give you a clearer picture of where your money goes. Start saving up your receipts and comb through them once a month. Where can you edit your finances to save up some more cash?

tasty Indulgence View all

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Lifestyle

Discovering Your Spiritual Side and How to Nurture It

Spirituality and religion are often confused. While you can of course associate the two terms, spirituality is more a concept – it’s a state of being; an enlightenment that knows no bounds. Being a spiritual person means surrendering yourself to infinity and peace instead of stress and struggle. In this case, spirituality is about living… Keep Reading

money-finance-bills-bank-notes
Motivation

5 Tips for Getting Wealthy One Day at a Time

Let’s face it – money makes the world go ‘round. You don’t need a million dollars to have a happy life, but you need some cash to make sure you can feed yourself, keep a roof over your head and get any other essentials you need to live a comfortable life. You won’t need to… Keep Reading

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Books

10 Great Motivational Books You Need to Read this Year

Want a motivational read but don’t want to be intimidated by the “self-help” section in your local bookstore? Look no further than this list. Here’s a breakdown of the best motivational books published last year that you can feel good about adding to your 2016 reading list. The Achievement Habit Bernard Roth set out to… Keep Reading

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Motivation

How to Stay Committed to Your New Meditation Routine

Have you ever started a new routine of some kind and then fell off the wagon rather quickly? It’s hard to stay committed to something when you’re just starting out, and that goes for something as dull to beginners as meditation. We live hectic lives, so the idea of simply letting it all go isn’t… Keep Reading

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Lifestyle

Think you could be a Digital Nomad?

Millennials everywhere are breaking all the rules, and in the coolest ways possible. Many of them are dismissing old school beliefs that lured previous generations to settling down, choosing long-term careers, and having children, all before they hit the ripe old age of 30. Even those that are starting families early are recognizing that they… Keep Reading

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