Monthly Expenses, Win Everyday, New Biz
I've started more aggressively tracking my monthly expenses starting this January. I utilized the help of a cork board and dry erase board to do this. Every time I incur an expense, I write it down on the dry erase board and post the receipt.
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I was speaking to a mentor of mine about being more productive, and he passed down a simple phrase that was passed down to him:
This means writing out all of your tasks the night before, then executing them all before you sleep the next day. If you finish everything and then some, you have won.
I used to plan out my day by hour, but it NEVER worked. I realized that everyday is different, and unexpected things always pop up, so an hourly schedule is not the best. My days are more planned out now using Microsoft Outlook Calendar and plain old sticky notes.
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I had set a goal of 1-31-2006 to launch another new small business of mine. I've postponed that launch date for 5 more days. It should be done by then!
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I was speaking to a mentor of mine about being more productive, and he passed down a simple phrase that was passed down to him:
This means writing out all of your tasks the night before, then executing them all before you sleep the next day. If you finish everything and then some, you have won.
I used to plan out my day by hour, but it NEVER worked. I realized that everyday is different, and unexpected things always pop up, so an hourly schedule is not the best. My days are more planned out now using Microsoft Outlook Calendar and plain old sticky notes.
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I had set a goal of 1-31-2006 to launch another new small business of mine. I've postponed that launch date for 5 more days. It should be done by then!
posted by Neville @ 1:03 AM
16 comments
16 Comments:
I love this "Win Everyday" post. The act of writing down your tasks and then making sure they get done is more powerful than people realize. The self-made rich definitely do this. In particular, many successful stock investors adopt this habit as well.
-theo
http://www.stokblogs.com
www.brokenboston.blogspot.com
Also, to Jonathan, I thnk Nev lives in an apartment in Austin:
His post here:
nevblog.com/2005/08/new-place-on-lake.html
Rent, insurance (health/auto), other bills? You're paying for all of this for under $781?
It just seems way too low, or are your parents helping?
Being out of school doesn't feel much different. I have the opportunity to get much more done everyday without school.
Jonathan,
Nope, parents live in Houston, I live in Austin.
Steve,
posting my receipts above my desk forces me to see how much I've spent. This keeps me spending even less.
Anonymous,
My bills are so low because I pay everything in full when I buy. I don't do the month-to-month thing. So if I sign up for a gym subscription for example, I'll always pay in full. Also, my rent and living expenses here are extremely low, my share is $300/month and I have two roommates who I split the relatively low bills with.
I don't particularly like my job and I have extremely high monthly expenses....You're my new idol!
It's so simple
I tried to do this. But I guess I don't have the commitment to even track down C$2.00 hotdog and C$1.00 can of coke.
Any advice on that?
Maybe this post not about this subject, but...
Neville, you're the man!
I found your blog, read some articles at example about your $1 water business :-) and some others, read your financials, and I like it. Dunno why, but I like it.
I added your site to my favourites and will read it often!
You have absolutely cleaver idea to put your financial ideas on the web. It's a fantastic!
Good luck, man!
Jamal Williams
http://www.Dryeraseboarddata.com
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