7 Habits to Make Your Day More Efficient and Money Conscious

Money Conscious Habits

More money and more time, isn’t that what we all want? We would like to have enough time to enjoy life and enough money to enjoy the nice things in life. Getting both isn’t easy, but it can be achieved if we put forth the effort. Below are seven ways to help you get both. By being more efficient, effective and Money Conscious you will allow the best of your efforts to shine and produce the financial benefits you want. We have put these to work in our lives and have reaped the benefits. You can, too.

1.    Declutter Your Space

Especially in American, but becoming more so throughout the westernized world, our homes are getting bigger and bigger. Why? Look at the spaces we have and how we use them. My family grew up with a one-car garage and we did okay. True, we had an annual cleaning. Today, more homes have three and four car garages that are filled with stuff, stuff that gets used less than once a year. Is that Money Conscious?

De-cluttering our lives helps us spend less and reduce our need for such large spaces. We live in just over 1,000 square foot condo and are comfortable. We have reduced the number of things we have in our home. No need for hundreds of knick-knacks that just need cleaning, out of style clothes and fewer unused toys.

The other benefit with decluttering your life is you realize how much you have that you can either sell or donate for a tax write off. This puts money back into your wallet. Sell those skis that have been sitting around for eight years, the winter clothes that you didn’t pull out last winter or the prior winter. Thrift is chic with the hipsters these days, take your unused items to a consignment store.

2.    Automate Your Finances

This is one of the best ways to become Money Conscious. For most of us ‘out of sight out of mind’ is a mantra we live by unintentionally. We get wrapped up in the present and forget the future. We forget that the phone bill is due on the 17th or that we should put aside $50 a month for emergencies. Setting this up automatically will help you be-come unconsciously Money Conscious by better preparing you for your future. Your bills won’t be late and you’l have emergency money. This will make you more confi-dent financially and your wealth will grow without you knowing it.

We started an emergency savings account as soon as we were debt free (should have done that before then) which now, since we contribute to it every month, is more than six month’s worth of living expenses. We have a building emergency this month and need $4,000. With our emergency savings we have the money without borrowing it, taking out a home equity loan or paying in installments. It feels great to have it when we need it.

3.    Download the FREE AnyList App

This app is available for both iPhone and Android. It’s perfect for keeping track of things that you need to get, do and remember. How many times have you gone to the store only to get home and realize you’ve forgotten an item? This app will prevent that from happening.

The other great thing about this app is that you can share your lists. So mom creates a grocery list and anyone else with the login and password can modify it as needed. If you’re like me and enjoy completing tasks and crossing them off a list, this app lets you do just that. It’s a motivator for me to go through my list on Saturday or Sunday and cross tasks off. It makes me more inclined to actually do them because I feel a sense of accomplishment.

4.    Pack Breakfast and Lunch Before Going to Bed

The other benefit with decluttering your life is you realize how much you have that you can either sell or donate for a tax write off. This puts money back into your wallet. Sell those skis that have been sitting around for eight years, the winter clothes that you didn’t pull out last winter or the prior winter. Thrift is chic with the hipsters these days, take your unused items to a consignment store.

5.    Slow Down and Focus

We have so many things that get thrown at us from every angle these days. Work, our phones, family, etc., can all be tiring and mentally draining. Slow down and focus on one thing at a time.

Being able to multi-task properly doesn’t mean that you are doing or thinking about two things at once. Doing so just means you are not giving 100% to whatever it is on which you should focused. Think of when your spouse talks to you while you watch TV or are on Facebook. How well can you really listen?

The truth is that multi-tasking means that we are able to manage a number of tasks concurrently. It means we can move them forward without having to complete one item before we move to another.

6.    Reduce Decisions

I recently read that the human brain makes between 50,000 and 60,000 decision every day. Just thinking about that is draining. By cutting down the number of choices we have to make, we open up our mental capacity to focus more attention on whatever we need to focus on at any given time.

Here are few suggestions that will help you cut down the daily choices

  1. Plan your day out with a list of the top things you must do
  2. Organize your clothing for the week, so you don’t have to stand in front of the closet for an extra ten minutes each morning trying to decide what to wear
  3. Have your breakfast, lunch and dinner planned out and shopped for before the week begins. This will save you time, money and the headache of ‘what’s for dinner” each night.

7.    Get Away from Your Desk to Read, Meditate or Relax Twice a Week

This one ties into the previous two suggestions. Every day we need a few moments to let it stop for a moment. Whether you want to take the time to decompress or re-charge, taking time away from work will make you a better employee.

If you are able to get some exercise this will also put oxygen into your blood stream, feeding your brain for the better decision making. Taking a mental and physical break will lighten your mood, allow you to be more focused and bring you clarity. We’ve found that some of our best ideas come when taking a walk break.

Being efficient puts more time on your side, which in turn allows you to do more and relax more. Being Money Conscious puts more money in your pocket, allowing you to create more money by investing and reducing your financial stress. We hope that the seven tips above are just the beginning. Feel free to share your thoughts on these or other tips you have for being Money Conscious and efficient with the few hours we have each day.

Is the awesome life you always dreamed of
still somewhere over the rainbow?

Our FREE #MoneyConscious Financial Planning Guide:
12 Steps to a Richer You eBook will help you get there!

Comment List

  • Bill 25 / 08 / 2015 Reply

    Guys you need a little proofing work here. Got a few bullets coming up twice. Just giving you a heads up because I know I’d want someone to tell me.

    • John Schneider 27 / 08 / 2015 Reply

      Thanks you. We transitioned our site from SquareSpace to WordPress and we’re still editing and correcting. Some things didn’t transition correctly. That said, we also could’ve made mistakes here. Thank you!

Leave a Reply