Source:www.selfgrowth.com
How many times have you heard someone say, "I never have enough time!"? Maybe you have even said it yourself. I hate to break the news to you...we all have the same amount of time: 24 hours in a day which means 168 hours per week. There is nothing that anyone can do to change it. For some people that is the bad news. There is good news, however. You are in charge of your time. Now I can already hear some of you arguing that isn't true because the boss claims a lot of your time, family or friends want some of your time, there are personal life tasks to be taken care of, and that is all before you even think of doing something fun. But if you just take the time to read this article, I can promise you some tips to save some time later...and even create some new time.
It's not an issue of managing time; it's a matter of managing oneself. Since organizing is about replacing non-functioning habits with functioning ones, let's look at some of the habits you need to develop in order to gain time.
Habit #1: Learn to say "no".For most people, the ability to say "no" is difficult if not impossible. For such a short word, it can be almost impossible to say. The best place to start is to develop a standard answer to give anyone who asks for your time. One example might be "Can I get back to you in a couple of days; I need to check my calendar before I commit to something new?" You have to create a statement that works for you and that starts to roll off your tongue the minute someone says, "Can you ____?" You may have to practice in front of a mirror until you feel comfortable. If someone indicates that they can't wait, then be prepared to immediately decline.
After you have had time to think about it, look at your calendar, or discuss it with someone, be as short and direct as you can and don't be swayed by reasons they may use to get you to change your mind. Keep the words of Anne Lamott in mind, she says, "I live by the truth that "No" is a complete sentence."
Here are some statements that may be useful:"My schedule is full for that (day, week, month, year, etc.)" You do not have to tell the person anything else. Even if they indicate that the task won't take to long, be firm and repeat the statement."
I need to decrease the amount of stress in my life by cutting back on tasks. I hope you understand." Again, do not give any details. Just make the statement and move to another topic of conversation."
My (spouse, family, friends, etc.) need my full attention at this time so I am unable to take on additional activities." Don't elaborate. Just maintain your stand.Be aware, if you are a longtime "yes" person, there will be people who will be unhappy when you start saying "no". Be strong. It takes awhile to develop a new habit and you are bound to meet outside resistance.
Habit #2: Silence the internal people-pleasing voices.Part of saying "no" is the ability to stand firm with others. Another part of saying "no" is the struggle against the internal people-pleaser voices. Not everyone has these, so if you don't, you can skip to habit three. For those who know exactly what I am talking about you've may experience fear that someone might reject you if you don't say "yes". You might feel like it is your duty to say "yes" to all requests; it is almost a driving force. Unfortunately people who are addicted to approval from others are usually disappointed because while it is possible to please lots of people, it is impossible to please everyone. There will always be someone who isn't happy with us for some reason or another.
One of the best ways to quiet your internal people-pleaser is to empower yourself by answering the following questions truthfully:
1. "What stops me from saying "no" when I am asked to do something that I really don't want to do?"
2. "What is the worst thing that could happen if I say "no"?
Resist the temptation to rationalize. For instance, when you ask yourself the second question, it is very tempting to say something like "that person will think less of me." That is certainly not a "worst case scenario". It may help you to write down your answers or to discuss them with someone. You won't be an approval addict one day and then not one the next. You are forming a new habit. It is a process that will take time and may include the occasional setback.
Habit #3: Block out time on your schedule.I am talking about literally blocking time on your paper or electronic calendar. Most people write down the time that an appointment starts. This is not enough. You need to write down the ending time if you know it or estimate it is you don't, you also need to plan for transportation time. If I have an organizing session with a client that is from 9:00 a.m. until 11:00 a.m., then I will mark my calendar to denote the actual session time but I will also indicate the time I need to leave my office and the time that I expect to arrive back at my office.
Noting "actual" appointments may seem pretty logical, but what about all of the other activities that fill your day? Whether we are talking about personal or professional tasks, it is best to allot a specific time for them to get accomplished. For some reason we tend to think that "everything will get done". In reality, less than we think gets done because we don't plan time a specific time to work on the project nor do we estimate the amount of time the job will take. Let's take this article as an example. It doesn't write itself. I actually mark a specific time in my calendar that says "write ezine". But that isn't all; I predict how much time it will take to compose. Remember the rule of thumb, estimate the amount of time and then double it. If you end up with extra time, great! But you will usually find that you are much closer to actuality when you double your guesstimate. Once you start doing this, you will probably notice that you have a very full calendar. Maybe you have more activities than hours (hence the reason many people don't get enough sleep)! This actually leads us back to habit one about learning to say "no".
Practice, practice, practice! That is the only way that you will create these new habits that will give you more free time and more freedom to decide how to use your time the best. It's a process. It takes work. In the end you will be able to cherish the gift of time more freely.
About the Author:North Carolina's first Certified Professional Organizer in Chronic Disorganization, Janice Russell, and her firm, Minding Your Matters® Organizing, have built a reputation for helping business and residential clients organize their space, items, documents, and time using the flexible structure principle™. Janice's workshops on topics such as tackling the "no time" trap, perishing paper piles, and stopping stuff from being overwhelming are dynamic, informative, and practical. Minding Your Matters® is dedicated to helping people achieve organization with lasting results™ in their personal and professional lives. Janice is highly regarded within her industry. She is a Golden Circle Member of National Association of Professional Organizers (NAPO) and past president of the North Carolina Chapter of NAPO. Janice is the author of the book Get Organized This Year! and the audio Stop Letting Stuff Overwhelm You. For more information, please visit http://www.mindingyourmatters.com or call 919-467-7058.
Monday, June 21, 2010
Wednesday, June 16, 2010
The Importance of a Budget Planner
Source - http://kclau.com/wealth-management/budget-planner
by jacquelyn
in Wealth Management
In a survey done in 2008, only about 28% of Malaysians have a monthly budget. Either you are extremely rich that you cannot be bothered to keep track of your money or you do not have any money or income to keep track of in the first place, you have no desire whatsoever to do it. However most of us fall somewhere in the middle rung, meaning we are not so rich as to completely disregard where our money is going.
People normally make excuses when it comes to doing a budget planner. The work is tedious, it is a useless exercise, my income is too small, etc. They start to complain even before they attempt to do it. The bad thing is you also hear them lament “I don’t know where my money went!” or something similar. You hear this complain often enough even from people who earn a decent income.
Well, to this people, they better listen up. This is where a budget planner becomes handy and useful. A budget planner helps you plan your day to day expenses. The fact is everyone spends money daily such as when you buy food, when you make a call, when you switch on the fan, etc.
Having a budget planner helps in the following ways:
It shows your spending pattern. Maybe you have been spending 20 percent of your income on the lottery and you did not realize it yet.
Assist you in doing proper allocation of your money. For example, 10 percent on food, 15 percent on savings, 10 percent on debt repayment, etc.
It stops you from spending money you do not have. Who knows, maybe you have been trying to live a RM100,000 lifestyle on a RM50,000 annual income.
Assist you in your debt-repayment plan.
Assist you in achieving your financial goals faster.
A budget planner is really an important part of your financial planning. You cannot simply say you want to save 20 percent of your income when you do not have the amount to save in the first place. If you want to know whether you have or not, start to plan now. Go to the internet and type in “budget planner” or “free budget software” and you will get free samples of it.
Basically, you will be tracking your monthly income, your day to day spending, your big expenses (e.g. loans, utility bills, insurance, tax, etc.) and knowing your balance at the end of the month, positive or negative cashflow. Once you do this and keep doing it as part of your financial planning, you stop asking the question “Where did all my money go?”
by jacquelyn
in Wealth Management
In a survey done in 2008, only about 28% of Malaysians have a monthly budget. Either you are extremely rich that you cannot be bothered to keep track of your money or you do not have any money or income to keep track of in the first place, you have no desire whatsoever to do it. However most of us fall somewhere in the middle rung, meaning we are not so rich as to completely disregard where our money is going.
People normally make excuses when it comes to doing a budget planner. The work is tedious, it is a useless exercise, my income is too small, etc. They start to complain even before they attempt to do it. The bad thing is you also hear them lament “I don’t know where my money went!” or something similar. You hear this complain often enough even from people who earn a decent income.
Well, to this people, they better listen up. This is where a budget planner becomes handy and useful. A budget planner helps you plan your day to day expenses. The fact is everyone spends money daily such as when you buy food, when you make a call, when you switch on the fan, etc.
Having a budget planner helps in the following ways:
It shows your spending pattern. Maybe you have been spending 20 percent of your income on the lottery and you did not realize it yet.
Assist you in doing proper allocation of your money. For example, 10 percent on food, 15 percent on savings, 10 percent on debt repayment, etc.
It stops you from spending money you do not have. Who knows, maybe you have been trying to live a RM100,000 lifestyle on a RM50,000 annual income.
Assist you in your debt-repayment plan.
Assist you in achieving your financial goals faster.
A budget planner is really an important part of your financial planning. You cannot simply say you want to save 20 percent of your income when you do not have the amount to save in the first place. If you want to know whether you have or not, start to plan now. Go to the internet and type in “budget planner” or “free budget software” and you will get free samples of it.
Basically, you will be tracking your monthly income, your day to day spending, your big expenses (e.g. loans, utility bills, insurance, tax, etc.) and knowing your balance at the end of the month, positive or negative cashflow. Once you do this and keep doing it as part of your financial planning, you stop asking the question “Where did all my money go?”
Thursday, June 10, 2010
Five Simple Habits That Will Make Your Rich
Source:http://pgcare.blogspot.com/2010/06/five-simple-habits-that-will-make-your.html
This is a goal that many people share. Unfortunately, only 5% of people actually achieve substantial wealth in their lifetime. If you are going to get rich at some point in your life, you need to stay on track, day in and day out. The path that you are on right now may not be the one you want to continue to follow. These five habits can help get you in the right frame of mind and hopefully assist you in building significant wealth:
1. Set Big Goals.
No matter what the word rich means to you, you have to set the goal of getting there. There is nothing wrong with small goals, but to get rich you have to think big. For example, set the goal of reaching an annual salary of $100,000 within the next five years. If you don’t want to focus solely on income, set goals based around other financial details such as paying off your mortgage in a short period of time or saving enough money to pay for large purchases with cash to avoid going into debt.
2. Don’t lose sight of your goals.
Anybody can set a goal, but most people never do what it takes to reach them. If you want to get rich, you have to stay on the right path, no matter what gets in your way. Day after day, review your goal and make sure you are taking steps towards reaching it. Post your goals on your refrigerator, on your bathroom mirror, and on your night stand. Stay motivated!Tip: have somebody alongside for support. This can be anybody from a friend who is trying to accomplish a similar goal, or a spouse who is willing to work with you to make this happen. Goals are always easier to reach when you have help on your side.
3. Have a reason for every financial decision that you make.
Why are you spending money on that particular item? Why are you only saving 10 percent of your income when you can afford 20 percent? It is very easy to settle into a groove, and make the same decisions time and time again. While there is nothing wrong with this (if you just want to live a normal life), those who want to get rich must always be looking to better their position. Question every move you make, even if it means taking more time to finalize the decision.
4. Keep a journal.
Not only is this is a great way to track goals and the progress that you are making, but it also gives you a place to record your feelings on money and related details. You may be surprised at how much progress you make when you begin to put your thoughts down on paper. If you get in this habit, it is easy to look back at it any time and see where you have come from and whether or not you are really on your way to becoming rich.
5. Wait before you buy.
One of the best ways to save money and reach your goals is to implement a waiting period before you make non-essential purchases greater than a particular dollar amount. For example, you may decide to wait 15 days before making any purchase of $75 or more. Why is this a good idea? In many cases, you will either forget about the purchase or decide that you don’t really need it. By cutting back on impulse buys, you will be able to save hundreds (or maybe even thousands) of dollars per year.Are you currently practicing any of these habits? Have you experimented with them in the past?
This is a goal that many people share. Unfortunately, only 5% of people actually achieve substantial wealth in their lifetime. If you are going to get rich at some point in your life, you need to stay on track, day in and day out. The path that you are on right now may not be the one you want to continue to follow. These five habits can help get you in the right frame of mind and hopefully assist you in building significant wealth:
1. Set Big Goals.
No matter what the word rich means to you, you have to set the goal of getting there. There is nothing wrong with small goals, but to get rich you have to think big. For example, set the goal of reaching an annual salary of $100,000 within the next five years. If you don’t want to focus solely on income, set goals based around other financial details such as paying off your mortgage in a short period of time or saving enough money to pay for large purchases with cash to avoid going into debt.
2. Don’t lose sight of your goals.
Anybody can set a goal, but most people never do what it takes to reach them. If you want to get rich, you have to stay on the right path, no matter what gets in your way. Day after day, review your goal and make sure you are taking steps towards reaching it. Post your goals on your refrigerator, on your bathroom mirror, and on your night stand. Stay motivated!Tip: have somebody alongside for support. This can be anybody from a friend who is trying to accomplish a similar goal, or a spouse who is willing to work with you to make this happen. Goals are always easier to reach when you have help on your side.
3. Have a reason for every financial decision that you make.
Why are you spending money on that particular item? Why are you only saving 10 percent of your income when you can afford 20 percent? It is very easy to settle into a groove, and make the same decisions time and time again. While there is nothing wrong with this (if you just want to live a normal life), those who want to get rich must always be looking to better their position. Question every move you make, even if it means taking more time to finalize the decision.
4. Keep a journal.
Not only is this is a great way to track goals and the progress that you are making, but it also gives you a place to record your feelings on money and related details. You may be surprised at how much progress you make when you begin to put your thoughts down on paper. If you get in this habit, it is easy to look back at it any time and see where you have come from and whether or not you are really on your way to becoming rich.
5. Wait before you buy.
One of the best ways to save money and reach your goals is to implement a waiting period before you make non-essential purchases greater than a particular dollar amount. For example, you may decide to wait 15 days before making any purchase of $75 or more. Why is this a good idea? In many cases, you will either forget about the purchase or decide that you don’t really need it. By cutting back on impulse buys, you will be able to save hundreds (or maybe even thousands) of dollars per year.Are you currently practicing any of these habits? Have you experimented with them in the past?
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