Category: money

Time is Money

Time Management is of utmost importance. Time is a scarce resource on the planet.

Time is money

Time saved is Money Saved

The first and foremost thing to do is to manage time. Effective time management does not come naturally to most of us. If you concentrate on managing time it can be easy. I have realized by making notes and following best practices

Here are some tips easy to follow and will go a long way in making you a success.

  1. Time is precious – Time is more precious thing. Time which is spent cannot come back. So live in the moment and use it very effectively.
  2. Setting Goal – First you should set a goal. If do not where to go how can you make plans. So first decide the destination.
  3. Plan your time – Plan on how to maximize the use of time. Stop being lazy and seize the moments.
  4. Deadlinesare essential – We focus more on producing quality work. Bartering time with quality is not the best idea. Setting deadline actually helps you think better and produce quality.
  5. Prioritizing – Always decide what to do first and what to do last. This helps in managing time better. Do the most important things first and the least important last.
  6. Breaks – Taking rest in between the work actually increases your productivity. Working continuously can take a toll on your health too. So take a break.
  7. Distractions – Avoid the elements that take your focus away from tasks.
  8. Routine – Having a well ironed out routine helps in effective time management.
  9. Ability to say NO – Say No to things which are either not your priority. Do not keep too much on the plate.
  10. Check to see – Measure your own effectiveness by checking the completed tasks. Reviewing helps a lot to manage time.

Managing time is not that difficult. It only takes a bit of time. It will make you rich!!!!

Tips to buy your first House

Buying a house is a really big decision. It is difficult when you buying for the first time. So, you need to be very methodical. There are many things you need to keep in mind.

Tips for first time buyers

Some of the things to be aware of when going to buy are:

  • Budget – First you need to check your purse. The question to be asked is – How much monthly payment is affordable. Also check on the total cost of the house.
  • Amount of Mortgage – The first thing to check is the amount of mortgage you qualify. You can check online or can check with a local bank. Do not go for taking the full credit amount available. The ideal amount is around 60 percent.
  • Hire an Agent – When you are buying a house for the first time hire an agent. It is always better to go for the good agents. You might save money eventually if you hire a good agent. It’s easy and the agent will do the research for you.
  • Narrow down the search – Be specific where you want to buy and what kind of facilities you require. This will help to narrow down the search criteria. Also it helps to know your preferences.
  • Compare offers of Loan – Make it sure to compare offers from different banks and financial institutions before signing up. It will help you save some money on interest.

Frugality Follow-up

To add to the conversation my previous post started I want to write more about being frugal this week.

This story from the NZ Herald supports my assertion that most people struggle to reign in their spending habits and make smarter, informed, conservative decisions when it comes to spending. We’ve all seen price-match offers in various stores throughout the country. They always read ‘if you can find a better price elsewhere, we’ll match it!’ It’s becoming apparent that this isn’t as a good a deal as it sounds. According to the article, only 5% of people bother to even seek out alternative prices at other stores. It seems that these sorts of offers are merely serving to simply drum up some consumer confidence.

Happy 3d person - puppet, making shopping

It seems that being frugal and engaging in smart-spending is as tough as ever but another thing I wanted to talk about was a short-term but incredibly helpful solution to the problems of balancing budgets. Ferratum is a company who offer ‘confidential, fast, easy loans.’ And they really stick to their slogan. From time to time we’ll all fail to take care of a finances by giving in to the temptation of spontaneous splurge spending so it’s great to see that there’s a short term solution. As always with these kinds of services they must be used infrequently and with caution, but Ferratum is reliable and, speaking from experience, can be a real (short term) life saver.

The foreboding of frugality

As the disposable income families can enjoy each year seems to be forever dwindling, I enjoyed finally seeing some writing about the benefits of frugal living.

Frugality is the ability to really analyse and consider what you do and don’t need to spend money on. And NEED is the key word here. So many people will say things like ‘I can’t live without my Starbucks coffee every morning’ or ‘I need my subscription to Netflix or what would I do in the evenings?’ It’s the kind of thing we hear (and probably say ourselves) on a daily basis. But what’s the truth at the heart of it?


Of course, when you look closely, foregoing that overpriced latte in the mornings is not going to kill us. And if we can’t binge-watch back to back episodes of Game of Thrones, we’d surely find some other way to enjoy our time. So why is frugality such an elusive reality for many people? This interview with Frances Ronowicz holds some great insights and good (yet admittedly tough) lessons for all people looking to tighten their belts and reign in there expenses. With nearly half the world’s population surviving on less than 2$ per day we really are living in prosperity and abundance – now if only we can figure out a way to cut back all the excess.

Signs of the times?

I was recently scouring for property news when I came across this map which shows the changes in property values after a survey was made to re-assess them in 2011. A quick scan of the map shows a worrying trend with, I’d say, 60-70% of the properties shown having experienced a drop in their value of 5% or more. I know the survey is old but it’s still worrying, has this trend continued? My common sense always weighs in on these kinds of issues and usually puts me in a worse mood. It seems frustrating that people, their lives tied in to the future of these properties by law and mortgages, can do nothing but watch their value decrease, despite working almost every day in order to afford to stay there.


Perhaps it’s time to start thinking outside the box, or house. While looking for solutions and alternatives to this ongoing trend, I came across a fascinating listing which immediately caught my eye. Why not take that money you’ve been funneling into your home and do something memorable and even a little mad with it? If this proposition has you nodding your head vigorously, this story might be of interest. A WHOLE SCHOOL is now on the market for the modest sum of $350,000. Seems like a steal doesn’t it and takes the concept of ‘home schooling’ to a whole new level.