You might have heard the two main routes to having more money: decreasing your spending, or increasing your means. Most of us will find it hard to tackle the first, since consciously cutting out expenses and trimming the fat on the cost of your lifestyle can be hard. It’s always easier to work up than to have to cut down. However, increasing your means isn’t always as easy as you think either.
Though increasing your monthly income might sound like a simple concept, there are many jobs in which there are pay caps, only a limited opportunity for working overtime, as well as the physical limit that you can handle. Besides, there is more to life than just making and having money, as we balance that with our personal needs and relationships, along with our hobbies, interests, and health.
Those who have decided to take the second route and increase their means have many ways to go about it, but all of them involve being as productive as possible in the time that you dedicate to work and earning money. There will be roadblocks in the way, like physical tiredness, responsibilities at home, and debilitating stress levels, but if we learn to manage these, we have a greater change to not only make some extra money, but to have satisfaction and joy from what we do.
- Physical Tiredness
Sleep is a physical requirement for life, and missing out on it will actually give you fewer benefits than if you dedicate the appropriate time to it. To be the most productive during your waking hours, you need 6-8 hours of restful sleep, complimented by a healthy amount of physical exercise and a balanced diet. These three key ingredients will prepare your mind and body to function at the highest level possible when you use them to accomplish things during the day. Many people who try to balance two jobs or start a side business while working part or full- time complain of being tired and end up being sluggish and difficult to deal with during the day. Make your entire outlook on life more positive and empowering when instead of cutting these basic needs, you fulfill them and increase your abilities.
- Responsibilities Elsewhere
Everyone has a chaotic life in their own way. Whether you are a single mom juggling several jobs, are helping an elderly relative out, or just keeping in sync with your partner and kids, it’s never easy to keep everyone happy. However, if you are organized and logical in how you approach your tasks, you will find that nearly everyone will be happy with your effort and appreciate your involvement. First of all, try to schedule all tasks if possible. Use one calendar to keep all your business tasks as well as personal task at a glance. This way, you won’t overbook yourself, you don’t forget things, and if you decide to share your calendar with your partner or family, they will have a better appreciation for what you do and work around you. It’s always better to say “no” when necessary than to make promises and commitments you can’t keep.
Stress can be a debilitating thing. Not only can it paralyze and slow us down in our everyday tasks, it can lead to short-term and long-term health problems, in addition to making you extremely unhappy. Learning to manage your stress is key to succeeding in your business and personal life, therefore making it a valuable skill. One very effective technique is mindfulness- the ability to be in the present moment with an open and non-judgmental attitude. Want to try mindfulness meditation but not sure where to begin? There are a number of clinics and studios specializing in stress reduction using mindfulness as the main tool and technique to achieving results. Once you get the hang of it, it’s something that you can practise everyday to give your mind and life more resiliency to deal with difficult situations when they arise.
If you are determined to have more disposable income, whether it’s to invest in your education, your family’s needs, or even to pay off some long-standing debt, remember that you do have two options. Both have their pros and cons. However, if you do decide to increase your means, do it in a smart way that will lead to effective gains without compromising your happiness and health, nor that of your family.