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Is Convenience Busting Your Budget?

time-money The good people at CareerBuilder recently posted the results of a survey of workers. Forty-seven percent of the people surveyed said they “always” or “usually” live paycheck to paycheck.

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Does more money help?

One way to stop living paycheck to paycheck is to make more money. Forty-two percent said an additional $500 each month would help make ends meet.  Fourteen percent already work more than one job.

The amount of money that comes into a household does make a difference, but not as much as you might think. Twenty-one percent with salaries of $100,000 or more said they also live from payday to payday.

We’re working ourselves to death instead of thinking about the other solution to the more month than money problem. We need to look at our lifestyle. We’re so busy trying to make more money to support our lifestyle that we end up spending money we wouldn’t need to spend if we just slowed down and honestly assessed our situation.

Convenience expenses

We’re so busy that we spend more money on “convenience expenses”. We define convenience expenses as the premium we pay for goods and services because we don’t have time.

So we end up in a downward spiral – we work more to have more, but then we
spend more and we don’t have any time to figure out how to do anything differently.

One example of a convenience expense is that we eat out more than we plan to. An appointment runs long. We get stuck in a traffic jam. The boss needs to talk. The next thing you know it’s late. Now we feel we have no choice. We’ve hit that wall. We’re hungry now! We’re too tired to do anything but grab some carry-out or order delivery.

Cutting back

It may seem like a small expense, but it eats away at your budget (pun intended). If you’re feeling like we’ve described you perfectly, don’t feel like you’re alone. We’re right there with you! Here are some ways we’ve found to cut back on this convenience expense:

Always stock some food that’s easy to stick in the oven or microwave.

Then if you’re running late, you can have less expensive convenience food. Plus you’ll save the time of stopping or running out for carry-out.

Plan for leftovers

If our next week’s schedule looks busy, we’ll cook up a little extra food on the weekend so we have leftovers which can be nuked in a matter of minutes. These leftovers are also an excellent way to save money on going out for lunch. There are more productive ways to spend a lunch hour than driving back and forth.

Invest time today to save money tomorrow

By planning next week’s meals, you can find coupons for the items you want to purchase. It’s like printing money legally as we learned from Crissy Thompson, who often spends as little as $10 a week to feed her family of five.

You can also think about where you shop. They’re called “convenience stores” for a reason! We pay a price to be able to run into the store and grab something on our way home.

This is just one example of the many convenience expenses. If you’re living payday to payday or not saving as much as you would like, think about your convenience expenses and the time / money interplay.

There is a huge trade-off between time and money. If you have money,
you can save time. If you don’t have money, it’s important to really
 think about how you’re using your time and try to save money.

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You can get the tips and tools you need to be a bigg success
Subscribing to the Bigg Success Weekly! It’s conveniently e-mailed to you once a week. And it doesn’t cost you any money! But the time you spend reading it will help you make and save money! How’s that for a deal?

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Next time, we’ll discuss how to create wealth in today’s new economy. Until then, here’s to your bigg success!

 

Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00261-111008.mp3

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I Need a Day Off

puzzle CareerBuilder just released the results of their annual survey on absenteeism. They found that about one-third of all the people they surveyed had played hooky at least once in the last year.

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marylynnWhen I was a DJ working mornings, I had to be to work at 4 a.m. It’s hard to call your boss that early to tell him you won’t be in, even if you are sick!

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Here are the real reasons people played hooky, according to CareerBuilder:

#1 – they didn’t feel like it
#2 – to relax and recharge
#3 – to go to the doctor
#4 – to catch up on sleep
#5 – to run personal errands

Look at that list. Does that tell you how much pressure we feel in our day-to-day lives? Is the only way to remain psychologically healthy by playing hooky?

We also found it interesting that 10% of the time people play hooky is actually work-related. They don’t want to attend a meeting. They need some quality time to work on a past due project. They want to avoid a confrontation with a co-worker.

Companies today are trying to do more and more with less and less. That means you have fewer co-workers. Your day off may leave them in a bind. So try to plan for your time off. If you feel yourself feeling overwhelmed, talk with your boss. See if you could work a little extra for a few days to get a day off. Everyone will be much better off if you’re upfront.

As a boss, do everything you can to honor your employee’s request. If you know you can’t give him or her the requested day off, offer an alternative. Employees today prize flexibility. It’s one of the best things you can do to retain employees who give their best.

Excuses, excuses

CareerBuilder also compiled a list of some of the most unusual excuses employers heard in the last year. Here are three of our favorites:

“I hit a turkey while riding a bike.”
We wondered if this was really a way to save money on Thanksgiving dinner!

“I donated too much blood.”

We found it hard to believe that any blood bank would take too much blood. Maybe this person ran into a vampire!

“My wife burned all my clothes so I have nothing to wear to work.”
So, here’s a question – how is this person going to get out of the house to buy the clothes he needs? We hope he’s not our neighbor!

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georgeI remember one of my managers telling me about an employee who wasn’t at work. It’s my favorite excuse ever. This guy worked hourly and had already used up all of his personal days. He said he was so stressed out by his lack of money that he just couldn’t come into work! Guess what – he got more stressed out!

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What’s the worst excuse you ever heard?

 

Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00260-110708.mp3

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Check Out These 25 Tips Before You Change Your Job or Your Career

By Bigg Success Staff
05-14-08

Life Changes

twenty-five 

The decision to change jobs is a bigg one. The decision to change careers is even bigger. You’ll find our summary below of five tips from five articles to help you with these important decisions. You’ll also find a link to the full article in each case so you can get all the details.

5 Tips if You’re Considering a Career Change

#1 – Don’t throw out the baby with the bath water.

#2 – Focus on your talents and strengths.

#3 – Highlight your transferable skills.

#4 – Know the requirements.

#5 – Network and do your research.

Kate Lorenz with CareerBuilder wrote this incredible article. Check out all the advice she offered in her five tips for career changers.

 

5 Ways to Find a New Job

#1 – Don’t count on job boards.

#2 – Tap your network.

#3 – Offer to help others.

#4 – Leverage the blogosphere.

#5 – Promote your brand.

In uncertain times, you may need to go the extra mile to get the job you want. Katy Marquardt wrote this awesome article for U.S. News & World Report. Get the full details on her five tips on finding a new job.


5 Pointers for Writing a Better Resume

#1 – Avoid the first person pronoun.

#2 – Keep your sentences short and don’t worry about fragments.

#3 – Use plain English.

#4 – Use bullet points when appropriate.

#5 – Go from general to specific.

These tips were adapted from the book, Job Hunting for Dummies. We even understood them! Check out all the details on writing a better resume.


5 Questions to Ask Before Hiring a Recruiter to Find Your Next Job

#1 – Do they have a niche?

#2 – Do they listen effectively?

#3 – Are they too busy?

#4 – How’s their follow-through?

#5 – Will you work with them beyond this current search?

These pointers come from a great article written by Mark Krajnik for CareerBuilder. Mark is the CEO of Next Level Solutions, a human resources consulting firm. Get his full explanation of these five questions to ask any prospective recruiter.


5 Tips on References for Executives Seeking a Job

#1 – Include one superior, one peer, and one subordinate.

#2 – Limit your references to people you’ve worked with in the last seven years.

#3 – References checks tend to focus on “soft” skills.

#4 – Prepare references to speak on your behalf.

#5 – Honest references go further than good references.

Paul W. Barada, author of Reference Checking for Everyone, wrote this fantastic piece for ExecutiveAgent.com. Read the five tips on references by a professional reference checker.

Find out when we post new articles. Subscribe to the Bigg Success Weekly.

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