The world has been through several recessions, and people go through various points of financial challenges in their lives, so given some of the financial challenges over the past two years and those that we may be heading into I was thinking about some of the ways that we can be successful with an eye to finances. To be clear, anytime we're working on success we should be considerate of our finances, as just like any other resource we're tapping into, rarely is it unlimited (even if usually we're counting the dollars rather than the pennies like people do when they're facing financial challenges). So this week and next for our success post let's talk about some of the steps we can take to continue being successful if we're watching the bank a bit or just want to be smarter about how we're spending our finances.
One of the biggest steps we can take is to be less wasteful. There are some scary statistics about the waste that many first world countries have, just think about how much garbage you put out on a regular basis and what's in that garbage. Paying even a little bit of attention to what you buy and making sure that you're buying only what you need, will use, or reasonably can sell can make a big difference to how much you're spending and what you may be wasting your financial resources on.
Paying attention to details can also help you spend less or spend smarter. You'll catch those extra fees that would be tacked on before agreeing to a purchase, be more on top of your supplies and be able to order before you need things rather than scramble and pay extra when you're out, read the fine print and understand exactly what you are or aren't getting if you make the purchase, or checking with people before making a purchase can mean you don't make a purchase you will regret later.
Finally for today, ask questions first! I am a big question lover, I think it's so important and helpful to take some extra time if necessary to come up with and really consider questions when you're making a decision that will impact two of your biggest resources: time and money. Questions can be as simple as "do I really need this" or "will we really use this", and can get into details about how long it will take to recoup your costs, if there's another resource that might be a better fit for your needs, if you really need all the bells and whistles that come with what you might buy, if you have the right people in place to implement or use what you're buying, and what kind of protection plans or warranties are available.
What are your tips for saving money and not wasting it during your success endeavors?
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