adding extra bathroom to house sears bathroom remodel tico home remodeling power home remodeling long grove nordine remodeling buffalo grove .. Chicago Drug testing

10 Tips for Sensible Living

Here are a few suggestions that I try to put into practice in my own life...

1) Live within your means - Sooner or later, nearly everybody has to learn to be content with what they've got. President Bush just signed a tough new set of laws which will restrict who can file for bankruptcy. You don't want to fall into that category. This means not only making more money than you spend, but also putting some of that hard-earned green away for emergencies. I suggest having enough liquid assets at your disposal to live for six months without any income. Start at the top...Do you have a $30,000/year job, and own a $300,000 house? Sell it and buy a smaller one. How about that car? Over $15,000? New flat screen plasma TV? Fishing Boat? Give yourself a break and ease your financial stress by cutting out anything that wrecks the budget. Do it now.

2) Establish priorities - Make yourself a list of things that are important. For each item you list as a priority, identify how it ranks in terms of reward, enjoyment, sacrifice, and difficulty. This will help you see what things in your life can be cut out, and where you need to spend more time, money, and energy. Set a goal for each item listed. It's tough to get to where you want to be if you don't know how to get there.

3) Don't overcommit - One of the toughest things for many of us is to learn how to say "no". We care too much about what other people think, and so we try to do everything. It's a terrible trap, and most of us fall into it at some time, and then have to pull ourselves out after some kind of meltdown. If I didn't say "no" several times a week, I would be much more tired, cranky and unfocused than I already am. Keep the things that are high-priority...cut the rest. Use your priority list (above) to help determine what's gotta go.

4) Pay your bills early - Don't just pay them on time. You want to give yourself a little fudge room in case you're on vacation when that cable bill shows up or the phone bill is lost in the mail. Pay the bills right when they come in and your credit score will thank you.

5) Organize - Take some time to clean out those drawers in the office. File, shred and throw away. Chances are, by looking through all the paperwork from the last six months, you'll remember, "Hey, I forgot to call my insurance agent" or some such thing. Note: you have to have time to do this, so see #3 above.

6) Work close to home - How many hours do many of us spend in our car, when we would rather be at home, with friends, or at the movies? If you are commuting an hour to work and back, that's too much! Either find a job that pays a little less and cut your commute, or relocate closer to work. Time is not money, but at the end of our lives, most people wish they had spent more time doing what was important (not driving)...

7) Buy a house - I can think of very few reasons not to own your own home right now. The current tax laws say that you can deduct up to $250,000 of gain on the sale of a home if it is your primary residence. It is hard to find a better investment anywhere.

8) Be patient when purchasing - Whether it's a house, car, TV or computer...don't buy the first one you see. Chances are, you'll regret the decision years later. Instead, do your own research to compare prices and quality of whatever it is you're buying. I looked for two years before I bought my first house.

9) Find a job with good benefits - Anyone who is in business for themselves will tell you that insurance is expensive. Try to find a job that not only pays your health and dental insurance, but also provides disability and life insurance, covers family members, provides profit-sharing and matching 401k plans. Making $50,000 at a job with no benefits isn't any better than making $35,000 with all the perks. Plus, the person at the lower wage has "more room to grow" (a favorite phrase of bosses everywhere).

10) Invest for the future - Pay your debt off first, then build yourself a little nest egg for emergencies. Once you've done that, start putting away for your retirement. The earlier you start, the more aggressive you can afford to be. Stay active in managing your retirement plan. Don't just shove $50/month into some fund you know nothing about. Diversify your retirement plan so you can't be stung if the Stock Market goes belly up.

About me: I am in my mid-thirties and have a Bachelor's Degree in Accounting, with a minor in Decision Science. I entered the accounting field ten years ago, when I started working for a software company, where I stayed seven years. I am now the Inventory Control Manager for a large winery. My experience in the financial markets includes both personal and business endeavors. I publish and maintain stockmarketplus.com - a Financial Weblog.

In The News:

Why Success is a Science

My studies of the highly successful prove that they continually... Read More

8 Dos and Donts When Asking Your Boss for a Raise

Feeling overworked and underpaid? If you're starting to feel like... Read More

Ignite Your Success - 21 Actions

Taking action is the strongest way to create success in... Read More

The Power of Mind-Imagery

Today I feel inspired that I should speak more to... Read More

The Formula For Failure and Success

(Excepted from the book The Five Major Pieces to the... Read More

Reach Your Goals - Start A Round Robin

Start a "round robin" goal letter with others who need... Read More

The Best Time for Action? No Time Like the Present...

Too often we wait for the 'right time' or 'the... Read More

The Role of Failure in Success

Does the thought of failure send a cold shiver down... Read More

Liberating Success Lessons from Singing - If It Is Rubbish, It Is Rubbish; If It Is Not, It is Not

Reggie Yates, a pop song presenter, was singing on 7th... Read More

Are You Afraid of Success?

You may not realise it yet but you may have... Read More

Don?t Stop Asking So Many Questions

A few weeks ago I took my boy on a... Read More

Expect Success to Stay Self-Motivated and Get Great Results

If you called my office you will hear my voice... Read More

Do You Want to Just Survive or Thrive? (Part 2)

"Fighting to pay the bills is hardly worth it? fight... Read More

Relationships-- the Secret to Your Professional and Personal Success

The HungryIn May of 2005 there were over 2 million... Read More

What Does Success Look Like To You?

So many of us want success, but how many of... Read More

Enroll in Car College - Learn Whilst Youre On The Move

One of the most overlooked opportunities for learning and personal... Read More

Top 7 Traits of Extremely Wealthy People

Wealthy people share common traits. That's why they are wealthy.... Read More

The Subtlety of Language

I have found that sometimes the subtle difference in our... Read More

Top Ten Breakthrough Behaviors For Excellence

1. Be Courageous. Flex your risk muscle and step out... Read More

We Become What We Think About

"A man's life is what his thoughts make of it."-... Read More

17 Extraordinary Human Capacities

People have a tremendous capacity for outstanding achievement. There are... Read More

From Making a Living to Creating a Lifestyle

(excerpted from the Day That Turns Your Life Around)After having... Read More

Believing in Oneself is a Daily Commitment

"If you think you can or you think you can't... Read More

Make The Second Half The Best Half

Something happens when you come to the intersection... Read More

The Honor Roll of Life

All too often, people pursue a vision of material success... Read More

high bay lighting outdoor walkway lighting Pete's produce ..
high bay lighting outdoor walkway lighting Pete's produce ..