Jan 292015
 

MANILA, Philippines – More time or more money? Why not make the best of both? By sharpening your mind to recognize the hows and whys of spending resources wisely, you can get a better hold of your life and where you want to lead it. 

1. Start small. End bigger.

When it comes to money, surprisingly time is on your side. Start young and commit to a goal! This puts you in a better position to capitalize on the opportunities that come your way. That’s why when it comes to investing your money – the now is always the best time to start. The earlier you start investing – the greater your earning potential becomes. Try getting investment plans that start with as low as P10,000 and start building your wealth early. Couple this with smarter spending habits, and you can take greater strides toward financial freedom.

2. Destroy your distractions.

“What’s going on on Facebook?”

“Oohh Instagram likes!”

“Maybe I can do this later. Gonna watch my shows.”

Distractions are weapons of mass procrastination. By doing less useful things in a day, you end up wasting time and in most cases lose potential income. Train your mind to recognize them as enemies of productivity. Need a quick solution to the perils of procrastinating? Put your mind on a distraction diet and reward yourself with 15 minutes of surfing or watching time AFTER you’ve completed a task. 

Distractions can also take the form of those awesome yet totally useless purchases like that perfect-for-the-cold-office-aircon grizzly bear hoodie. To save yourself from distracting purchases, why not set up a smarter savings account that can automatically transfer payday cash to a more secure, grizzly-bear-hoodie-safe account?

3. The chill of the thrill

There’s a time and place for everything. To keep your sanity and wellbeing. Learn the proper times to take a break and unwind.

Remember that working too much is counterproductive. Pushing yourself to the limit constantly can burn you out, degrading your performance. So take time to relax and recharge so you can always be in your top form.

4. There’s money in every moment.

If you want more money, you need to be resourceful. Keep an eye out on different sources of income. Look around you with the eyes of an entrepreneur and see how you can find inspiration in getting additional income. A part-time job maybe? A small online business? Or what about a passion project? Exercising awareness for opportunity sharpens your financial senses at every turn. 

5. Get a back-up back-up plan.

Smart people prepare for emergencies. Smarter people prepare for everything. An economy can slow, the unexpected can strike and resources can run dry. Be prepared for this by getting on the good side of a trusted financial institution who can protect you when things get sour and give you sound, stable money advice when you need it.  

Being smart with time requires the same discipline and awareness as being smart with money does. When you master one, chances are, you can master both. That’s when you can start making great things happen in your life. 

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