Ask Away Blog: Effortless Money Results Need Organization

Effortless Money Results Need Organization

Wednesday, June 23, 2021

 
Whether you are saving, spending, or earning, money matters are typically associated with a lot of work and effort. There is no denying that, unless you’re the heir of a wealthy family, money is something you need to manage seriously. So, it’s understandable to worry about the cost of making money when it comes to financial strategies.

What is the cost of money, you ask. It’s another word to describe the efforts you need to make to unlock your full financial potential. Effort is a word that leaves a nasty aftertaste in the mouth. It tastes bitter, like hard work, compromise, sacrifice, and pain. We naturally assume that effortless money is something that only exists in the movies.

What if someone told you that effortless money results exist? You wouldn’t believe them. The mind is convinced that there is always a price to pay when it comes to money. Here’s the trick. You can’t get rich effortlessly overnight. But you can avoid missing financial opportunities without making any unusual effort. The secret to effortless money is to be organized at all times. Here are some examples that illustrate what being organized can help you achieve.

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Paying off your debt

Between student debt, car financing, and moving out of your parents’ house, your first years of adult life are likely to be debt-ridden. Living from paycheck to paycheck is highly stressful. But you’d be surprised to know that more often than not, the impact of a difficult situation can be overturned with a little organization magic. Organizing your finances is the route to debt relief. Did you know that most people in debt don’t know how to evaluate and categorize their spending? Understanding how much you spend every month can give you the key to repay your debt. You don’t need any fancy tool. A simple excel spreadsheet can give you all the information you require. Once you have an overview of how much you spend, you can identify how it fits within your budget; in other words, compare earnings vs. spending. From this point, you are equipped to create a repayment plan, aka cutting off unnecessary expenses and redirecting the savings towards canceling your debt.

Passive side hustles

There is nothing more appealing than boosting your income. But when you can’t apply for a second job effortless,m you have to be creative to find ideas to make money on the side. Building a passive income stream enables you to make money without working for it. However, passive side hustles require organization. For instance, if you sell an online course, you will need to prepare the course, upload it, and check feedback for further improvement. If you let storage space in your home, you also need to prepare the space for your clients. Keep it clean, safe and accessible. The advantage of passive earnings is that you can sit back and wait for the paycheck once your preparations are done.

Landing a promotion without asking for it

Last but not least, employees don’t realize that they could accelerate their promotion effortlessly. Getting a promotion doesn’t require you to work harder to get noticed. Instead, you can document your achievements and highlight the many ways in which you meet the job expectations. Social media platforms can also support your expertise and recognition, influencing the HR team and your boss to reward your skills.

Money doesn’t come to those who ask for it. But it’s within reach of those who prioritized smart organization. So are you ready to give it a try?




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