Posts Tagged ‘money’

Does Reading Bad News Make You Rethink About Money

Wednesday, August 20th, 2014 by

There didn’t seem to be anyway around this news today as pretty much every social media source had the story about the James Foley beheading incident. One of the things I was thinking about after reading about it was how it sure made me think if anything I do in life contributes financially to people who would do such a thing. This can range from buying products that are in anyway affiliated with the group. Sometimes it’s not so clear as well since we usually buy things from the supermarket without even wondering where it came from.

Like in these cases, these would be one of those times where I would be willing to not be frugal and spend more if it meant not supporting something outrageous. In many ways too, finding good deals and knowing exactly where the product is coming from go hand to hand. Not only is it a good way to inform you about the value of the product, but at the same time you would know what you are supporting. Being a bargain shopper and wanting the best value isn’t always just about the final bill.

Reading news like this definitely makes me think about the places I shop at just in case I am missing something.

Financial Insecurity To Help Others

Wednesday, August 13th, 2014 by

I was reading a story today of a person who really wanted to start their own business as ultimately they want to help others. However, financially this would cause the person potential hardship as whenever you create your own business you are in that not knowing when your next pay cheque will be scenario when you start out. A comment was then thrown out that if you helped one person in the world then it would be all worth it. That’s where it seems the conversation got a little messy.

I think financially speaking the reality in these cases are that as good as you may feel your cause is you have to have a plan to take care of yourself financially as opposed to assuming that the universe will equally reward you to keep you afloat. It’s one of those things where you can dream big but still need a realistic action plan I guess you can say.

I have one project for example that has pretty much cost me time and money where I made it to help people. However, I did that knowing that I have other things in place to enable me to do so. It would have been crazy for me I think to say drop everything with no form of income stream believing that my good deed will automatically mean people will support me financially so I can keep doing it. I probably would have had to close it a long time ago in that case. Instead, this way I can still do that without putting myself in a financial pickle. Need to make sure you are okay yourself first before you can help others.

Seeing Other People’s Techniques

Tuesday, August 12th, 2014 by

I was watching this fruit video today that essentially shows ways on how to cut and remove fruit of various types in an effort to prevent waste.

The money saving aspect was the first thing I thought about and how much we literally throw so much down the garbage in these situations. I did find items like the strawberry to be kind of odd though as I usually just literally remove the top with my finger and it seems fine. Never stop learning just when you think your way is good enough I guess you can say.

Having Those Residual Income Sources Due To Time

Sunday, August 10th, 2014 by

Time just flew by today as I found myself spending hours non-stop working on a project where since it was for a volunteer event I don’t exactly make an income out of it. That then made me think how fortunately I do have residual income sources and that this is something that everyone should try to establish in their lifetime I think.

It’s definitely harder where the gain may not seem as much initially, but at times like these it sure is a sensible way to give yourself the flexibility to do other things as well. There is so much variety you can choose from nowadays too in terms of partnering up with businesses to sell their products or services in such a way where you can get repeat commissions for your effort. I think the harder part is simply deciding what it is you want to do in regards to say a home business.

If anything, even writing an E-book can constitute as making something that can generate residual income for you. You just need to get started.

Having To Go Back And Forth

Thursday, August 7th, 2014 by

Today I found myself having to go back and forth between cities in an effort to attend all the scheduled meeting and appointments that I had for the day. I was thinking in this case if you don’t truly plan ahead of time you would probably waste so much money just on transportation alone. For example, I did decide to buy an all-day pass using rapid transit. Doing so saved me a lot of money from say driving a car around all day.

Sometimes we just overlook the best options for us financially for the day as we insist in using the resources that we are simply used to. Like in this case, if a person has a car they will insist in using it even if going to a place that has ridiculous parking rate would mean public transit or riding a bike would probably be a good if not better option. People usually tell me in these cases which require traveling back and forth using multiple solutions is usually best.

For example, one person could use the car to drive to a rapid transit system and then use that. I usually find that is the kind of planning you need to do to save money if you know you have to go back and forth between cities all day.