We are all here to earn and to learn.
We are all involved in crypto for a common reason. To earn millions of dollars and buy lambo's.
Unfortunately that is never going to happen for most of this people in this space.
So we can settle for option two. Earning a few extra dollars that will set us up nicely for the month.
I often write about similar subjects to this and how all of the little things add up over time to make huge gains. Especially in crypto where you can compound small gains over time to make larger ones.
It's one of my favorite subjects and how i live my best crypto life.
Unfortunately i can't translate those options to real life as it is so much harder to invest and to make returns on cash quickly and with flexibility.
So in real life i try to flip it around.
Instead of making money, I save money.
Nothing major but it's a good idea to take a step back form time to time and look at your habits. Sometimes we don't even notice bad ones building up until something happens.
I love watching some of those money savings shows on tv where the host takes a a family with no money and bad habits but manages to turn it all around with a few simple changes.
- Budget.
- Plan.
- Cut out excessive spending.
- Shop for the week.
- Manage your entertainment.
- Save.
Works every time.
Now we are fairly good in this house but it's easy to let small things build up.
Simple things can save a lot of money. We are going to get a smart box for the tv which costs $200 up front and $100 a year from now on.
When we looked at both of our accounts it turns out that we have,
- A tv package.
- 2 netflix.
- Now tv,
- Amazon Prime
- Without even any sports channels. They would be an extra $70 a month on top.
By getting in this box we will have a bill of $300 for the year plus keeping netflix for the other room and our parents to use makes $480 for the year.
As it stands we are paying almost $1000 between all of the accounts which would be a huge saving of $500 each year and have even better options from it.
I takes a lot of work to earn $500 the old fashioned way.
We did the same with our shopping habits the month before as we were throwing out too much food which after 13 years in retail is a pet peeve of mine. I have a very big dislike for waste. Especially avoidable waste so we came up with a plan for the week and have cut out 90% of our food waste. Now it all gets used except for the odd piece of fruit that doesn't last.
Again it was small steps like planning our meals for the week and buying fruit singly for the ones that were getting thrown out. Doing a bit shop at the weekend with a small top up in the local shop for a few basics.
Saving money and cutting out waste in the same breath. As with everything. Over the course of a year this will add up to hundreds of dollars.
Next up will be the household bills.
We will sit down and see where we can do better and save ourselves a fortune. at this rate the mortgage will be paid off years earlier than scheduled form some simple changes.
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