Here is one simple action I do to trick myself into locking more money into savings:
Make the numbers in your savings accounts line up in a row.
Here’s what I mean, I use a notice saver account which means that I can’t access my savings for a minimum of 30 days no matter how many shiny things I want to buy.
This very neatly prevents me from buying shiny things.
About 2-3 days after arranging a transfer, I nearly always think twice about buying the shiny, shiny, stuff and cancel it. Ka-ching!
I try to add money to this account every single week, even if it’s only $1.
The way I trick myself into saving more, is by adding (say) $5 to each account, and then remembering how much I Love it when the numbers go in a row.
Isn’t it fun-ner to see a savings account at $8, 722.22 rather than $8, 714.37?
I think it’s waaaaaay better when the numbers all go in a row. It makes me happy.
And then, because you’re putting money in but not taking money out, the numbers go Up as well.
So not only do you have a cool number pattern, you’re also putting money into savings and increasing your wealth base.
All you do, is grab a calculator, and put enough money into the account so that the last four digits go in a row (eg $8, 714.37 would increase by $7.85 to make $8, 722.22).
Generally this will cost you no more than $11.12 per account, and when they’re all orderly and delicious, you’re going to feel really good.
Good luck and happy savings 🙂
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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.
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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: 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: 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.
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.
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.
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.
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.
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.