Try to memorize your past successes and achievements and let them flow through your mind instead of your failures. In addition, try to read about heroes you like, watch them and listen to them. Find out what they did that was extraordinary and what made them successful. But don’t forget that they are people just like us so let them inspire and motivate you instead of looking up at them flatteringly.
Chunking is a technique from cognitive psychology originally used to improve memory performance. For most people, it might be pretty tough to remember a long string of random numbers like this: 5052950167 Chances are it’ll be easier to remember if you break it up into chunks: 505 – 295 – 0167 Luckily, the principle of chunking applies to much more than remembering number strings, or even memory in general. In fact, chunking—or breaking things down into smaller parts—is a fantastically effective strategy in just about any endeavor. For example, suppose you have a big report to finish by the end of the week and you keep procrastinating on it. You imagine the 25+ pages of tedious corporate drivel you need to churn out by Sunday evening and you shudder at the mere thought of it, instinctively deciding to clean your bathroom rather than sit down to work on the report. Psychologically, a big part of your procrastination here is how you look at the project. As it stands, you’re seeing it as one giant, overwhelming task. Instead, what if we broke it down into smaller chunks? For example: If you have five days left to write the report, you might chunk it like this:
Following budgeting tips and tricks will get you a long way. However, when it comes to the holiday spending, make sure all of your year-long budgeting efforts are not blown off course due to holiday spending. The last three months of the year usually have the highest consumer credit card debt. A big reason for this is that people fail to plan within their budget to address Christmas and holiday spending increases. Just sending out Christmas cards and postage to some of your family friends and relatives could easily cost $50 or more. If you have to prepare the holiday meal, there will be extra cost for food, drinks, and other items that you would regularly not be planning for as an expense in your budget. An easy way to address these additional costs is to set aside a certain amount of savings each month such as $50. You can create a second savings account and dedicate $50 a month towards it to cover these holiday costs. By the end of the year you will have $600 making this one of the best budgeting tips and tricks to boost your budget. As your budget improves so will other things, such as your credit score. Check out my post on how to improve your credit score that includes the steps necessary to quickly improve your FICO score.
You must face your challenges to get a genuine boost of motivation. The more you will hold back to face the hard time the more it would be difficult for you to tackle it. Also, never fear from the failures as they are the ladders to your success. Try to redefine failure as feedback and as a usual part of a successful life. Also, try to find the valuable lessons from each of your failures and learn from them.
Sometimes, the best running motivation is rest. If you feel physically exhausted or emotionally drained from running, you may need a break. “Listen to your body and don’t be afraid to take a day or two off,” Velazquez says. Moore agrees — “Rest is an essential component for growth. Frequent breaks help the body heal and grow stronger,” she says, replenishing you so you can feel even better on the next run.
Deciding to create a budget is a great first step in taking control of your financial life. Equally important is the reason why you are creating a budget. People often find themselves using a budget for several reasons in their daily finances. Some of those reasons are that they are unable to build a savings or they are living paycheck to paycheck. Whether it is short-term goals, long-term goals, or other reasons, becoming aware of what they are plays an important role in defining the function of your budget. Below are reasons why to create a budget:
By breaking your goal into smaller set of goals, you will get a greater sense of achievement on a regular basis as you finish one task after the other, which gets you closer to your bigger goal. And this doesn’t need to be a huge goal. You can break any goal into smaller ones. If I need to clean the bathroom and I don’t feel like it, I break that into smaller goals. First I will spray the toilet cleaner and let it sit, second, I will clean the sink, third, I will clean the tub, and so on. By finishing each part, I feel I am getting closer to the end result and that gives me the push to keep going.
As mentioned above there are always extra expenses that should be planned for such as the holiday spending. You can either set up a separate savings account like what was mentioned above or you can create a miscellaneous category in your budget to cover these expenses. If you decide to use the miscellaneous category, be sure to label what it covers. For example you could cover holiday spending, vacations, and other one time events that may occur within the year.
Tuck your cell phone away so you’re not tempted to check it every time you get a notification. If the TV is on, make sure it’s not tuned to something that will draw you in. The fewer distractions pulling you away from cleaning, the faster you’ll get your tasks accomplished. Know that you get back to checking Instagram or continue your Netflix binge as soon as you’re done.
Overestimating income can be a huge challenge down the road to deal with. This is one of the most important budgeting tips and tricks to use. When the income you receive falls short, you will have to make adjustments in your household budget to cover the shortfall. That is why you should use the lowest guaranteed monthly income received. If you have things like alimony that you receive, there is no guarantee that you will receive that money each month. Instead use things like a guaranteed paycheck for income from your employer. Use that income amount to plan your budget expenses around. I talk about using the lowest income amount as the strategy for how to build a budget for the self employed family.