I love, love, love things that save time and make life easier (who doesn’t?). I’m always on the lookout for cool gadgets, awesome life hacks, and basically anything that helps me get more things done with less time and effort. So it should come as no surprise that I’m a sucker for anything that enables you to automate your life. As the saying goes – set it and forget it!
Automation is one of the best way to build wealth, increase your productivity through the day, and now it even helps me clean the house (seriously!). Believe it or not, it’s also a great way to save money and just live a happier life.
So it’s time to share! These are all the ways that I automate my life…and a few extras that I should be doing (or wish I could do):
A big part of me loves investing in real estate and it’s a big part of my plan for the future. Yet, for some reason this was still one of the easiest posts I’ve ever written…because the truth is, I lose soooo much sleep over some of the worries that come with this type of investing (at least for buy and hold real estate investing). It is not an easy thing to do and it is TOUGH work. And not just the getting-your-hands-dirty kind of work (though it certainly can be that), but the dreadful how-the-heck-am-I-going-to-fix-this kind of work. The kind of thing you think about all day and lose tons of sleep over. And until you’ve really hit it big, it’s hard to tell if you’re even doing things right.
So before you jump head first into your first property (which I still hope you will consider!), make sure to read this carefully because real estate investing is not as glamorous as you think and it’s definitely not for everyone!
I am obsessed with saving for retirement. I’m also obsessed with collecting things. So it’s probably not surprisingly that I love finding different types of retirement accounts, different ways to save for retirement, and OBVIOUSLY any way to get “free” retirement money.
So I think it’s time to share! Not only do I know you all love posts like this, but I also can’t wait to hear your suggestions and ideas for MORE ways that we can hoard away money for our golden years. So don’t hold back! Hopefully my suggestions can help you as much as yours will help us. 🙂
I’m definitely not a minimalist (though I wish I was). In fact, I probably carry more traits of a hoarder than I do of a minimalist. Yet I STILL found that there were quite a few baby products that I just didn’t need, wish I didn’t have, or was so unbelievably grateful that I DIDN’T get. I mean, these little babies come with a ton of stuff. And in my case, my son rarely left my arms, so what was the point of half of them? At one point his room had literally turned into a storage facility for the overabundance of his “things”, while the stuff he actually needed just moved into my space.
Related post: The Baby Products You Actually Want on Your Baby Registry
So to save you the trouble (and money), here are the things you may not actually need to buy:
Even for a person with a horrendous memory (me), I have vivid recollections of my pregnancy and the subsequent birth of my son. Ironically, one of the memories that still sticks with me the most was the total shock of realizing how much it costs just to be pregnant – and that’s with good health insurance (and a healthy pregnancy). Ultrasounds were considered elective, blood tests were extra, and of course there’s the deductible right off the bat. By the time we got to the hospital for delivery we had “luckily” reached our deductible and would only have to pay 10% of any additional costs…but as every other delivering parent knows, 10% of a whole lot is still a whole lot.
Luckily we were able to stomach the costs but it totally shifted how we managed our money and led to one of the best investments we’ve ever made – our Health Savings Account (HSA).
I love, love, love free stuff. Soooo, so much. If it’s free, I’ll definitely give it a try. No matter what. Of course, sometimes I get what I pay for and it sucks. But then I will eventually stumble upon a gem that I can’t get enough of. The kind of thing that I can’t believe is free and then I become totally hooked.
So obviously through my years of entrepreneurial pursuits I’ve gathered some pretty amazing free tools that help me do whatever it is I’m passionate about at the moment. These are those tools. Some might not be strictly business, but as we all know, when you’re an entrepreneur your life and business become so intertwined that at times they are indistinguishable. Which is the BEST part of being an entrepreneur.
So here we go! The absolute best free tools for entrepreneurs:
I know this sounds ridiculously corny, so I’m hesitant to even write an entire post about it, but I’m telling you – this one simple activity is how my husband and I have (and are) achieving all of our dreams in record timing. It’s why I’m able to stay at home with my son, how we bought two investment properties, are learning a second language, have spent our summer traveling, have become vegan, the list goes on and on…
So here’s the really simplistic, dumbed-down gist of how we’ve made it all happen: Every few months (if we’re lucky, weeks), we sit down and formally Goal Set. I’m emphasizing formally and capitalizing Goal Set on purpose – it’s that big of a deal and that big of an event for us…it’s better than a date night (actually, we love it so much that it basically is a date night). But most importantly, it consistently and reliably always works – sometimes it’s scary how much so.
So here’s what we do, and how you can (and should) do it too:
For the most part, the classic American dream includes home ownership. A comfortable job, a vacation once a year, and a place to call home. What’s funny is that the vast majority of us are relying on 30-year mortgages to “own” our homes. So, in some sense, we really aren’t owning them – we just feel like we are. And it’s so commonplace to have a mortgage that nobody really second-guesses it.
To be fair, there are some benefits of having a mortgage. But does that really mean that it’s a good idea for everyone? Should it be the norm? I’m not convinced. Here are some of the biggest reasons I think it’s a good idea to pay off your mortgage (and why we’re doing it):
Related post: How to Pay Off the Mortgage Early
Investing in real estate is an amazing way to diversify your portfolio and ironically it is much easier than most people think. In this day and age it can be nearly impossible to build wealth from a paycheck alone, so most of us need to think outside of the (career) box if we really want to live the comfortable lifestyle that we all dream of.
My husband and I purchased our first investment property 3 years ago and it was one of the best decisions we ever made. We rarely even think about it nowadays, yet it is still making money for us behind the scenes. We aren’t handy-types or real estate experts, yet it still was a great investment choice. It is honestly something that anyone can do, as long as you make smart decisions in the beginning.
So here’s what we did to buy our first investment property:
I recently wrote about some quick and easy ways to pay off your mortgage early, but talking to everyone about that made me realize one important thing – paying off the mortgage is not necessarily a good idea for everyone. In fact, for some people paying off the mortgage may do more harm than good. And for lots of people hanging onto the mortgage may actually help to grow their bottom line.