Despite How Bad It Seems





Hi folks

Most of the folk here who comment and whose blogs and sites I've linked have very much got things sorted, are kicking their own goals and have left their early mistakes behind ..... but that is not really why I blog.

Occasionally I get contacted by genuine folk who are in debt, hopeless with their money and generally sick and tired of it all - often they have all but given up.  They often lurk here and on other better blogs and sites but feel disempowered or embarrassed to comment or reach out. This is why I blog - to pay it forward so to speak.

So, if you are in debt, rotten with money management, confused about how to get ahead, then this post is totally for you.  Am I qualified to comment? Yep, I've been in that tough place too.


Three Things Before We Begin

Firstly, know that you will certainly succeed despite what you may be feeling or believing.

Next, know that change and success will occur via the accumulation of many micro changes.

Finally, know that the decision and responsibility for change and success  must sit with you.



Understanding The Three Foundational Basics

The three foundation basics are:

1. Spending less - yet living better.
2. Earning more - even if it is just a little more.
3. Putting aside - either money or goods

So, don't overthink things if these three basics look unachievable - just know that these three foundational basics is all that you will ever need. I'm not just saying that to oversimplify things or to be kind ..... it is absolutely true, so I'll state it again:

The three foundational basics is all that you will ever need






Let's Get Started

Very simply, take action, micro-action preferably.

Have a think about a small action that you can do against each of the three basic foundation principles. It needs to be a small (micro) action only, but one that you can keep doing forever. By personally and quietly (even secretly) introducing three new micro-actions you have effectively laid the first three bricks in the wall of your success.

Here are some suggestions to get you to lean in and take micro-action:

Spending less - yet living better.
Secretly make your own kitchen spray. Use your old brand-labelled spray bottles so no one knows the difference. HERE is the super easy method.


Earning more - even if it is just a little more.

While you are watching TV or having a coffee break, jump in and do some online surveys.
The ones I use daily are MyView, Octopus Group, Toluna, Pureprofile and Swagbucks. You'll be amazed how quickly the points add up across all five of these excellent Australian sites and you can convert them to cash or cards. NB: I only ever do these during sitting/rest/break/lunch times. Please do not be tempted use other times slots for this.
Also, this article  HERE is also worth reading regarding these survey sites. There are a million scam survey sites out there, so this will save you the heartache and get you right onto the ones that are genuine.


Putting aside - either money or goods.
Here, we are only looking for small amounts secretly squirreled away. It does not have to always be money. Try this meaningful small action first as follows:
Study your junk mail and look for a product that you always normally use that is on special for 1/2 price. When you go shopping buy as many as you can afford without spending any more than you planned to whilst shopping - so buy at least 2, more if you can. When you get home put the extra ones away in a special place - this is the beginning of your own secret stockpile. HERE is a timeless article about stockpiling by Rhonda Hetzel to help explain the benefits thereof.




So folks, no heroics or huge showy acts of frugality please - instead do micro-actions only and always ones that you can keep doing forever.

I'm very happy to share more suggested micro-actions for the three foundational basics on a regular basis if you like - there are literally thousands of them. Over time, by taking three new micro-actions on board each week or fortnight you will most certainly experience your own version of rags-to-riches.


Lean in and give it a shot.


Take care folks and stay nice.

Mr HM


Comments

  1. What a compassionate helping hand for people in a financial pickle :-) Your idea of micro actions is brilliant - I would certainly love to see a regular sprinkling of those.

    Madeleine.x

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  2. Phil, I am sure there are lots of people who benefit from your sage advice and don't feel brave enough to comment so keep those tips coming. You never know who you are helping.

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    1. I am fairly certain I learned a fair chunk of that advice from you originally Nanna Chel!

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  3. What a fantastic post Phil, there are a lot of people out there who will benefit from your advice, positive thinking and a organisation and hard work, can see more people become debt free, we have had a stage in our life where we were maxed out of everything, we sold the house and started again, with a clean slate and some nice savings and now our pensions to start again when we find a place of our own.

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    1. Starting again can be so confronting. Good on you for being courageous and setting a fine example.

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  4. wonderful post...all those micro actions add up...I used to purchase at least one soda a day...usually two...over a year ago I started making iced tea concentrate at home and work...now I never spend money on beverages...saving at least $10 a week...a small move but the money helps me fill up my retirement account faster...

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    1. Over $500 a year - that's a fair amount of coin kelley. Well done.

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  5. For people seeking your advice and feeling desperate, they should know they are already on their way to becoming better at managing money. Simply the act of acknowledging the problem is the first step in the right direction. I am sad to say I have run across people with blinders on.:-(

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    1. How true Priscilla - facing the truth is a huge paradigm shift. Hmmm, I used to have blinders on once upon a time - bad times them.

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  6. Hi Mr HM, what a great article. I have always had a good sense of saving but had to start again just last year due to circumstances beyond my control. I know I will get back on track with a bit of hard work and diligence. Reading this gave me further hope, I have a mortgage which I need to pay off as quickly as possible to get back to where I once was. Thanks again. Lisa,J. Tas.

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    1. Good on you Lisa. Stick with your process. Starting again officially proves that you are courageous.

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  7. Absolutely keep the micro tips and all your other good advice coming, it keeps me motivated! Also in my head I was thinking how relevant this is for any goal...I want to do something about my fitness...baby steps are in order for this too I think.

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    1. Yep, lots of small changes beats the pants off forever looking for the silver bullet. I think you are a shining example of this in several ways already - just sayin' !

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  8. Mr HM my first step along this pathway was to stop buying coffee. I bought the sachets instead. I was spending up to $50/working week just on coffee!!!!! A huge saving when looked at over a year.
    You are so right about it being small and simple steps to achieve great outcomes.

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    1. I did exactly the same thing Jane! I could not face plain instant coffee but the sachets did it for me. $2500 a year saved is big $$$ Jane.

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  9. Every bit helps that's for sure....

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    1. The answer is always in the 'bits' and rarely in the attempted big changes

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  10. Another great post Phil. Keep those micro tips coming and thank you for your generous time in guiding folks toward better financial knowledge.

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    1. I hope everyone just pays it forward in their own way.

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  11. I think the idea of micro-actions is a really good one because they are doable and so seem achievable. Big changes are often daunting, aren't they! Meg:)

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    1. Yes Meg - agreed. I am hopeless at big change.

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  12. This is a great post full of great wisdom.

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    1. Mostly other people's collective wisdom reorganised I reckon Brigie

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  13. I started making my own cosmetics such as lip balm deodorant, and lotion. They work so much better and are healthier. The only problem is sometimes I don't feel motivated to make them lol. But then I don't like the commercial stuff anymore.

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