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Plenty of Honey in my Cupboard (Part 3 of 3)

Things that detract from my life, that is: Fake Honey

  • More than 1 hour per week on social media.
  • Not enough veggies and fruits
  • Unlimited wealth
  • Fame
  • Standing out/being different except via virtue
  • Taking more than my share
  • Taking from a system I don’t contribute to
  • Adrenalin without rest
  • Unlimited rewards without effort
  • The power that comes from shaming someone or being mean to them
  • Ideals of beauty that are disrespectful to people’s bodies
  • Reading/viewing violence or disrespect on books/internet/TV
  • Pessimism

None of these things have been shown by any research or any study that I’m aware of to improve your happiness, skills, or satisfaction with life. Think on that before you pursue them.

As my sister says: “I will be like Winnie the Pooh & find the honey”

Winnie the Pooh
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Plenty of Honey in my Cupboard (Part 2 of 3)

How to get honey in the cupboard and things that are real honey instead of fake honey

  • Real honey: touch. Sit with your partner and massage his hands, feel happy about the physical touch time. Let your partner touch your back and your hands and spend time just talking and touching and hugging
  • Real honey: conversation. Spend time ringing and speaking to friends, past and present. Spend time speaking your heart and listening to them speak their heart. Listen.
  • Real honey: exercise. Spend time building your muscles, strength, balance, flexibility, and cardio ability.
  • Real honey: rest and sleep. You need to rest and sleep each night. Ask for vitality and calm productivity. At least one day per week should be at home pottering around and resting/cleaning etc.
  • Real honey: nature. Spending time outside in nature is physiologically good for us.
  • Real honey: creativity. Spending time doing creative stuff is real honey. This could include creative things which you can use to make money.
  • Real honey: mindfulness and inspiration. I like James Clear, Robin Sharma (the less egoic videos), Thich Nhaht Hanh, Brene Brown, Paula Pant, Andrew Hallam, Bill Gates and many more. I also like to meditate and be mindful.
  • Real honey: Kindness. When you do nice things for someone you feel good.
  • Real honey: virtue. Do things that are virtuous and you feel good. If in doubt, read an Old Fashioned Girl Louisa May Alcott or Tell me if the Lovers are Losers by Cynthia Voigt.
  • Real honey: savings. Having savings in the bank is real good honey. I don’t feel right if I don’t increase my savings by a little each week (increased by around $33 this week to a total of nearly $46k).
  • Real honey: satisfying food. Yes this includes animal products for me, also vegetables, fruits, vinegar, fermented foods, and sweet forbidden carbs.
  • Real honey: supplements. I take lots of supplements, and they help me feel healthy and safe.
  • Real honey: learning and teaching. This is the best.
  • Real honey: charity. Give to charity. Volunteer. It feels damn good to build up the community that supports you. And pay your taxes. We all like the Doctors to be paid, the sewer to run, the curbs to be maintained, and the poor people to have income.
  • Real honey: confront your demons and learn about hard stuff. A book on my current to-read list: http://www.katemanne.net/down-girl.html
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Beyond Barefoot: Five Great Books About Investment and Money:

The Barefoot Investor By Scott Pape is a great book. So what’s next on the to-read list?

Quit Like A Millionaire by Kristy Shen and Bryce Leung

What year are you going to retire? Is it the year you turn 31 like these two? This book covers Kirsty’s journey from living on 33c per day to being a millionaire—just like the title says, no gimmicks, luck or trust fund included.

Smell the roses

The Richest Man in Babylon by George S. Classon

Do you have the soul of a free man or a slave? Are you willing to do what it takes to start your purse to fattening? And what is the benefit of working hard and saving money anyway? These simple fables share timeless wisdom about investment and personal growth; they’re as relevant today as they were in ancient Babylon. Best $10 I ever spent.

See the big picture

Making Money Made Simple by Noel Whittaker

What should an Australian know to gather wealth? What are the principles of investing? Noel Whittaker has an AFSL and has been writing on money in Australia for longer than I’ve been alive. This guy knows his stuff; he’s credible and experienced. Check out his other titles for extra info. 

Get inspired

Millionaire Teacher by Andrew Hallam

Another 30 year old millionaire. This guy was a teacher, who learned about compound interest and decided to put it to work. He paid of his entire student debt within two years of graduating and had investments equal to one million dollars soon after that. His simple, no-nonsense style is appealing and his life story is inspiring.

Re-invent yourself

Banker to the Poor by Muhammad Yunus

What are you going to do to make the world a better place? What mark are you going to leave? Muhammad Yunus has brought more people out of poverty than any individual I can think of except Bill Gates. He started Grameen bank which lends as little as 8c to people in desperate need. He started a social movement in Bangladesh that has spread all over the world. A very inspiring read, and he has many other titles which teach people how to build social business and how to combine capitalism and community to help society.

Support the system that supports you. Photo by Pixabay on Pexels.com
F.I.R.E., Life Hacks, More experienced Investors, New To Finance

What does it take to build a business?

Brene Brown says ‘if you’re not in the arena, participating, don’t you dare stand on the sidelines and put me down’. Tough words—basically if you haven’t got any skin in the game you haven’t got any authority to criticize.

I just watched two speakers pitch their businesses through Sydney City Council. Both speakers had the drive and creativity to reach at least $2 million in revenue. Despite being at the beginning of their potential, both businesses had already raised as much revenue as the median Australian earns in 40 years of work.

So what does it take to build a business?

The median sole trader earns around $10 000 per year of income (abs.gov.au). Yet in Australia’s $2.5 trillion economy there are many small to medium businesses that earn much more than that.

So how do you get from averaging $10 000 to $2 million+?

I don’t know how. I’ve not been able to do that, yet.

But I do know some things that don’t work:

  • Law-of-Attraction or prayer—being a good person and living mindfully is one thing, but if you pray to win the lottery instead of putting the work into a business plan, you’re not going to get much out of it besides a gambling addiction.
  • Pessimism and deciding you’ve failed before you’ve begun. Again, great to take criticism and feedback on board, but despair and defeated-ness are definitely not winners.
  • Refusing to listen to feedback—ask your customers what they think of your product
  • Basing your product entirely on what other people ask for—Henry Ford said “if I had asked people what they wanted they would’ve told me to breed faster horses”.
  • Charging by the hour for your own work. It’s not scalable. Even if you earn $100 per hour, you will never make the return on investment that you would if you had a scalable product.

Let me know your thoughts in the comments below 🙂

References:

www.abs.gov.au

www.austrade.gov.au

https://www.cityofsydney.nsw.gov.au/talks-courses-workshops/visiting-entrepreneur-program

https://www.haymarkethq.com/

https://brenebrown.com/

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By reading this blog, you agree that you read it under your own risk, and Gill’s Practical Bookkeeping is in no way responsible for any harm or prejudice to yourself, your business, or any fictional examples above.

I am not a financial advisor. I do not have an AFSL. I am a chick who likes to read, think, write, and has access to google. You should treat this blog with the same seriousness that you would treat anyone whose main qualification is access to google. This blog is for entertainment purposes only. It’s a little like watching The Good Place for nerds or artists.

Anything you take from this blog is your responsibility. Nothing in this blog, even if you are mentioned by name, address, and telephone number, pertains to your personal situation. Anything you agree with, or disagree with, you are welcome to comment on, but your opinions belong to you. You are responsible for your comments. If they are offensive, I will remove them.

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Three things I’ve learned from Paula Pant’s Afford Anything

How do you take a philosophy, and a methodology of thinking, and turn it into a business?

Paula Pant has done it with Afford Anything.

She is a woman of colour, an entrepreneur, and a kick-ass lady. But her most important asset is that she likes to think, and she likes to learn.

www.affordanything.com

From Paula, I’ve learned

Small, repeated actions add up to big results. Listening to Afford Anything got me thinking about savings and investments. That got me searching for ways I can do that to fit my lifestyle. Paula says focus on the process rather than the outcome .

What I came up with is twice per month, once after my pay and once after my interest comes in, I make all the numbers in my savings accounts line up in a row. (Savings Account 1: $6222, Savings Account 2: $7222 etc). This has the effect of adding an extra $22.19 here, and an extra $7.54 there, which makes the total go up higher than it would by just adding $300 per month.

And my inner child loves seeing all the numbers add up in a row.

Relationships are more important than stuff.  In this blog, Paula talks about how one of the best ways to heal trauma is to connect with other mammals and focus on building relationships.

That is one of the lessons of my life already. Friends, relationships, family, and caring about people has enriched my life inexpressibly. Having friends involves some simple repeated actions and being kind.

Something I do, is that my teacher buddies and I have coffee together during the school holidays. I initiate one text every school holidays, and if we’re free enough, we catch up.

And my social-self loves having stable, loving friendships.

Look at what other people are doing well, and do that. Paula speaks to people who are interesting and who also think. She’s a thinking person who talks to people who think.  I love this so much.

My little brain just goes “Yaaaaaay” any time she has someone new on her podcast. I’ve bought so many books after listening to the people on her blog. Currently reading: Andrew Hallam, Millionaire Teacher because of listening to her show.

Something else she does really well is having a variety of reader cases (you can ask your questions) with regular guests, and completely new guests and ideas.

…………………………………………………………………

By reading this blog, you agree that you read it under your own risk, and Gill’s Practical Bookkeeping is in no way responsible for any harm or prejudice to yourself, your business, or any fictional examples above.

I am not a financial advisor. I do not have an AFSL. I am a chick who likes to read, think, write, and has access to google. You should treat this blog with the same seriousness that you would treat anyone whose main qualification is access to google. This blog is for entertainment purposes only. It’s a little like watching The Good Place for nerds or artists.

Anything you take from this blog is your responsibility. Nothing in this blog, even if you are mentioned by name, address, and telephone number, pertains to your personal situation. Anything you agree with, or disagree with, you are welcome to comment on, but your opinions belong to you. You are responsible for your comments. If they are offensive, I will remove them.