Related content: Downsizing Your Home? Just as finding ways to simplify your life is an important thing to think about in the new year, so is thinking about the things that are truly important to you. The new year is always a good time to reflect on what you want out of life, and it can help you find ways to focus how you can achieve your goals.
By making a list of your priorities and the things in life that are important to you, you'll be able to simplify your life by eliminating any extra clutter that may be holding you back. This is because you'll know and see exactly what is important to you, and you'll be able to differentiate between things that are important and those that are not. This is a great way to learn how to simplify your life in and can help you to clear your mind.
If you are trying to watch less TV as one of the ways to simplify your life, cutting the cable is a good step in the right direction. You can read more about cutting cable here and how to save money by doing this. I recommend getting a digital antenna so that you can receive local channels for free! We don't pay for any form of TV not even Netflix! The average successful and wealthy person has a very limited set of clothing options, as this way they have more time to focus on things that truly matter.
By finding items that already match one another and by having a smaller wardrobe, you'll have more time to focus on other things in life and this can help you to drastically simplify your life in It can feel really good to clean out your closet! You can then start to build your wardrobe around the items you know you love and will wear more often. You can automate a lot in your life, and fortunately, automating your bills and income payments has only gotten easier and easier. You can have your paychecks direct deposited many people still deposit their checks manually , you can select to auto pay your bills, you can even auto pay your monthly credit card payments.
Sometimes, going paperless can give you discounts on some of the payment you make on a regular monthly basis. Automating your payments can even make managing your budget easier! Even though I check through all transactions and expenses, I still automate many of my actual payments so that I never have to worry that something was forgotten about. Most of my expenses are similar from month to month, so I can usually just check the payment to see if everything is correct. Side note: Motif Investing allows individuals to invest affordably. This can be one of the most difficult areas to work on, but I really do believe that gaining confidence can help you to live simply and enjoy life more.
And, once the ball gets rolling, your confidence will allow you to improve your life rather than dwelling on things that scare you. As you can see, gaining confidence can help you in many, many different ways and can help you to enjoy your life more. Like I mentioned in the previous point, creating a reminder can be a huge help. I know this firsthand because if there is something coming up that I know I will not remember, I will create a reminder. There are some days when it feels like all you are doing is rushing from one thing to the next.
Organize Your Financial Life: Tips For Your 20s | Discover
It is exciting to think about the future, but if you stop to look around at where you are right now, you might be surprised by how good it is. Like many people I know, I'm guilty of running through life too quickly and not stopping to really enjoy it. However, by slowing down, we can learn to do things correctly, enjoy things more, and have the ability to start living simply. This goes along with the previous point, as we rush through life, we have the tendency to multitask in order to speed through tasks and challenges.
Some people can multitask successfully, but because it takes so much time to refocus on a new task, many people cannot. This means that every time you switch between tasks, you may actually be spending more time than if you approached each task separately.
Invest in a Do-It-All Fund
Think about your strengths and weaknesses to understand whether or not multitasking actually helps you save time. And, for the most part, by single-tasking, your ability to focus on one thing at a time and fully complete each task in front of you will help you better focus on the ways to simplify your life. We all live in a world that is constantly moving and making noise.
However, when was the last time you just sat down in complete silence with no distractions? For the average person, this is probably a rare occurrence. It can also help you relax, destress, and clear your mind.
Are you interested in learning ways to simplify your life? What else would you add to this list? If you are new to my blog, I am all about finding ways to make and save more money. Here are some of my favorite sites and products that may help you out:. Join the free email course and f inally learn how to manage your money better, pay off debt, save more money, and reach financial freedom. Get our newsletter and get access to the freebie:. Michelle is the founder of Making Sense of Cents , a blog about personal finance and traveling. She discusses how her business has evolved in her side income series.
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Great post Michelle. Saying no more often is such a great tip. We tend to want to please everybody and say yes as often as possible. I need to practice saying no both personally and for business more often. My organisation is a mess. Thank goodness hubby is good at keeping track of things. Those late fees on bills are no joke! Oy, I needed this today.
Top Credit Habits to Adopt in Your 20s: Organize Your Financial Life
Too many yeses gets you in a big boatload of over-committing. Multi-tasking gets me all the time. Five minutes later from upstairs I could hear a sputtering sound. Water and coffee grinds from the coffee maker were seeping out onto the counter. I watch wayyyyy too much T.
I completely agree with 12! Sponsored content provided by STCU. Here are tips for getting organized: Manage your bills. Secure your tax documentation. Safeguard your records. Start a financial notebook.
13 Ways to Simplify Your Finances
Inventory your personal property. Communicate with your family. There was a problem subscribing you to the newsletter. Double check your email and try again, or email webteam spokesman. The first thing you can do to organize your financial life is to know what you owe each month and when those payments are due.
That might include things like your rent, utilities, student loan payments, credit card payments and insurance.
- Cherokee (Mills & Boon Desire).
- How to Simplify Your Financial Life and Be More Mindful - Careful Cents.
- 11 Ways to Simplify Your Financial Life.
You could organize your bills the old-fashioned way, by penciling in the dates on a calendar. There are a couple of ways you can approach this. For example, you could pay bills the same day you receive them. Alternatively, you could wait until payday to cover the bills that you have coming up, or pay all of your bills at once at the beginning of the month.
The key is to pick a strategy and be consistent.