Time is money!

The importance of proper time management.

Every second is precious.

With the two exceptions of the day you are born and the day you die, you and every person who has ever lived has the same amount of time allotted to them daily, twenty four hours. No more, no less. Yet despite having the same amount of time, some people are wealthy while others are poor. In some situations circumstances beyond your control may rob you of your economic opportunities, but how you spend your time is largely up to  you.  All successful people share two traits with regards to proper time management. They have learned to maximize their daily schedule to the height of efficiency, and they have a sense of urgency, never delaying for tomorrow what they can do today.

“Time is your most precious gift because you only have a set amount of it. You can make more money, but you can’t make more time. When you give someone your time, you are giving them a portion of your life that you’ll never get back. Your time is your life. That is why the greatest gift you can give someone is your time.” – Rick Warren

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The 40-40-40 Trap

Your greatest source of wealth comes from the income generated from your job.  When you retire, you usually have to depend on a combination of your savings (if any), a pension fund (rare or non-existent), your investments or contributions to a 401K plan (if any), and government social security (which may become insolvent by 2034 due to the National Debt crisis). For the average American, this is known as the 40-40-40 Trap. Because of procrastination or indifference during their youth, they never made the proper choices to ensure a worry-free retirement. As a result, they spend their entire working life employed at a job, working FORTY hours a week, for about FORTY years, then retire and discover they only have about FORTY percent of the cash they had while employed, to pay their monthly bills. You can always go back to work part-time to generate more income, but you can never replace the lost time. If a person fails to plan for their future, they have no future!

No time like the present!

If you have no 401k available at your job, it’s time to seek employment elsewhere. The longer you delay investing for the future, the less likely you actually will. Excuses do not pay the bills. Do not allow yourself to become trapped in a dead-end job. I have known many individuals who stay at a low-paying job for a couple of years, only to move on to another low-paying job. Every time I changed jobs with one, or two rare exceptions, I went on to a higher-paying job, with better benefits.  At my previous full-time job, I was about to become an assistant manager, when the opportunity opened up at my present career. My prior company really wanted me to stay, but they could not offer me a matching salary or benefits program. Leaving for greener pastures was in my best interest. Today, I earn far more than they pay their current managers.    

If you take a position that offers a set salary:

  • Do not work more than the hours required for that salaried position. Generally, there is little or no additional pay for the extra hours. You are wasting your time. Doing it once or twice in an emergency situation is one thing, but doing it all the time just makes you a fool.

If you take a job where you swipe or punch a time-clock:

  • Always work on the clock. If you aren’t logged in, you’re not getting paid. If you are scheduled to start and end at a pre-determined time, start and end at those times. Playing ‘The Time Clock Game’ where you clock in a wee bit early, and clock out a tad late each day to earn a few extra minutes of pay is not only a bad idea, it’s like stealing from the company and could cost you your job.
  • Always show up when you are scheduled to work.
  • If overtime is available at your job, it will generally be paid at your normal rate, plus half. Working overtime is an excellent way to generate extra income, while at the same time impressing your supervisor by your diligence. Diligent behavior is indicative of a work ethic and can open doors for advancement to a higher paying position.
  • Do not become dependent on the overtime income. Overtime is never a guarantee, and should always be considered extra money. Your base salary should be enough to cover your monthly spending needs and still allow you to save for your future.
  • Do not become obsessed by the overtime. The love of money is the root of all evil. I know many individuals who work sixty hours a week or more chasing every overtime-penny they can get.  I’m amazed at their end-of-the-year totals. When the work level reaches that point, it causes home and social problems. It’s one thing if you live alone, but if you have a family, family comes first! The time you spend with your loved ones can never be measured or replaced. It’s priceless. Don’t waste it. Nobody ever had an  epigraph on their tombstone expressing their desire to have spent more time at their job.

Take time to play!

A balanced schedule should always allow ‘breather room’, ‘personal time’ and still allow for work and play. If you over-schedule, you run the risk of causing a cascade of lateness and cancellations. It also causes stress as you race from one meeting or destination to your next scheduled appointment or location. Keeping a tight schedule can be done as long as everything goes according to plan, but if things start to unexpectedly go south, you may not have the wiggle-room needed to stick to the items on your list.

Always be productive

I try to get as much done on my day off as humanly possible. With my work schedule, I don’t have a lot of extra time during the work week. I find as many time saving tricks as I can to avoid wasting any down-time I may find myself with.  I’ve been working overtime this quarter, and I need all the sleep I can get to recover from the physical and mental stress of the added work load.  I always eat a PB&J sandwich for lunch. It’s filling without making me feel bloated or sluggish after lunch, and it satisfies my hunger. The beauty of the PB&J is that all of the ingredients freeze well. Now my peanut butter and jelly sandwiches are healthier because I use the best peanut butter, the best jelly, and use sprouted grain Ezekiel bread. So I Sundays I’ll make a half-dozen PB&J’s, bag each one in a ziploc bag and put them in the freezer.  In the morning packing my lunch takes seconds.   

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Another change I’ve made is having my dinners shipped to my home  from a meal-kit service. I use Hello Fresh. The meals are quick to cook, and it saves me time stopping for groceries or takeout food. Also, as the three meals they send are meant for two people, I only have to cook three nights a week, and just heat up the leftover portions the other three nights.

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When I run errands, I try to make a large circle of destinations to save travel time from point -to-point.

Keep life balanced!

When was the last time you spent time with your friends?  When was the last time you spoke to distant relations or acquaintances on the phone? No man is an island. We are all social beings interconnected by a network of friends and family. When a spider builds a web, it is building a net to catch food to keep itself alive. If one strand of the web brakes, it immediately repairs it. Neglecting to repair the broken strand can weaken the entire structure and cause it to collapse. As we get older and older, we need to strengthen our social network. No I’m not talking about Facebook or Twitter, I’m talking about real life. Go where the people are, out in the real world and spend time with the people you care about. As Always, I wish you happiness and success!

Healthy Wealthy and Wise

Your most valuable possession is your health

“The race is long, but in the end it’s only with yourself.” – Line from the song Everybody’s Free (To Wear Sunscreen) by Baz Luhrmann  

Twenty years ago, Baz Luhrmann released his pop song Everybody’s Free, which was a 7-minute spoken word poem set to instrumental music, offering advice on health and happiness, which stressed above all else, wear sunscreen. The ultimate point of the song is that you’ll be much happier if you take care of your physical and mental well-being. Good heath is a wonderful thing to have, but it’s not a given. You still need to do the right things to care for your body if you wish to live a long life.  

There are no certainties in life except death and taxes. I can’t explain why some people live to a hundred while others die at fifty. My father was a few weeks short of his 58th birthday when he passed away. He was overweight, smoked, drank, and didn’t exercise or eat the healthiest of foods. Clean living and exercise won’t guaranty that you live a long life, but they will drastically improve your odds. Because of advancements in health, medicine, and nutrition, people are living longer. Now I wasn’t even born fifty years ago, BUT by living a healthy, active lifestyle, there is a chance that I may yet still be alive fifty years from now.

This is 2018, fifty years ago it was 1968.

In 1968 these were some of the prices:

Average annual income–$7,844
New house–$14,975
New car–$2,822
Gallon of gas–$0.33
Gallon of milk–$1.21
Loaf of bread–$0.22

Now compare those with today’s prices.  Imagine how expansive everything will be fifty years from now.  I often hear people complaining about how expensive their prescription medication is. Imagine the cost of these medications fifty years from now. And now imagine if you required them because you failed to take preventative steps today to improve all aspects of your total lifestyle.   This is why you have to not only take care of your finances, but your health as well.  

As you know, in two prior blog posts, I covered the both the  possibilities that your money might not last as long as you do, and the opposite where sudden death robs you of a well-deserved retirement. The  THIRD item which you should be concerned about is your health. The most valuable possession you have is your health, and in many cases once it’s gone all the money in the world can’t replace it. This is why along with improving your financial situation, and increasing your knowledge base, you should be taking every step you can to achieve your healthiest physical potential. Just as living to a ripe old age with no money is a miserable existence, so is being so unhealthy that you can’t partake or enjoy activities that require you to be physically fit. Being the best you should encompass EVERY aspect of your life.  

But health food and exercise equipment  are expensive.                                   

If you think health food and exercise equipment cost too much to fit into your budget, consider how expensive it is to be unhealthy and sickly. According to a study in The Journal of the American Medical Association (JAMA) There are more obese US adults than those who are just overweight. Almost half the population of the US is overweight, BUT nearly one third of adults are obese. If a person’s body weight is at least 20% higher than it should be, he or she is considered obese. If your Body Mass Index (BMI) is between 25 and 29.9 you are considered overweight. If your BMI is 30 or over you are considered obese.

Being overweight is expensive. Clothes cost more for one. When traveling on a plane, you may be required to pay for a second seat. You may require a certain model of car because you can’t fit into a compact model.  Limited mobility from extreme obesity may require a person  to need a motorized power chair for even short trips. You may need a handicap accessible house with special facilities and ramps.  Have you noticed how many grocery stores and department stores like Wal-Mart have increased the number of handicapped parking spaces and have started providing motorized shopping carts? Next consider the secondary illnesses triggered from living an unhealthy lifestyle. Everything from high blood pressure and heart  disease  to adult onset diabetes. All of these require treatment with medications, which can be each have side-effects requiring additional medications to correct.  Taking all of this into account, what’s REALLY more expensive? How much more expensive will it be fifty years from now?

First off, I don’t smoke or drink alcohol. These are expensive and bad habits that only deprive you of your health and wealth.  If you are doing these unhealthy things, for God’s sake please quit doing them today. Then apply the money you same towards your new healthier lifestyle. You can always find ways to fit healthier alternatives into your budget.  Secondly I’ve been a vegetarian since college. Ovo-lacto, NOT VEGAN. And no, I have no intention of going vegan either. I like my milk products, eggs and honey far too much.  Going vegetarian will cut your grocery bill while improving your health. Meat is expensive and not really good for you either.

 

“Ninety per cent of the diseases known to man are caused by cheap foodstuffs. You are what you eat.”– nutritionist Victor Lindlahr

The shorter the ingredients list is, the better off you are.

Many of today’s groceries  are filled with preservatives, chemicals, fillers, and dyes. Also they are overly processed and sweetened with high fructose corn syrup or sugar. Some still even have trans-fats.  No wonder diabetes and obesity are rampant in our country. We’ve become a nation of junk-food junkies.    

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I’m not going to tell you that healthier food doesn’t cost more than junk food, but good health is PRICELESS!  The extra money you are spending for organic, non-GMO, ‘health’ foods, and supplements may seem pricey at first, but imagine how much better off you’re going to be in your golden years when you aren’t wasting all your money on dozens of medications to combat all the future health issues you prevented by living a healthy style today.  Not all of the food-swaps you will be more expensive. Bottled spring water is cheaper than soda. V8 vegetable juice is good for you and has less calories per serving than soda or fruit juice.  An orange or a banana are cheaper than most candy bars. Better for you too. Ditch white bread altogether! It’s one of the worst foods out there.  Switch to wraps such as Flatout flatbreads, or sprouted grain breads like  Food for Life’s Ezekiel 4:9 Bread, or   Dave’s Killer Bread, the #1 best-selling organic, whole grain, Non-GMO Project Verified bread available.  They even have bagels!

I usually like eating a PB&J sandwich for lunch, and when I do I ONLY use the BEST peanut butter Crazy Richard’s  (which has ONE ingredient: PEANUTS), and my favorite pepper jam from Jacky’s Jams and Jellies.   Jacky’s Jams are handmade, all natural, fat free and no gluten added. Also no preservatives or food coloring added. Just a few simple ingredients.

Here’s some other suggestions you can do to improve your health:

Keep track of where you are in your journey to better health

Most successful fitness enthusiasts keep a fitness journal. This can list everything from the days you exercise to your weight or what you eat. I’ve been recording my weight weekly for years. Having something to chart my progress really helps to keep track of where I am, where I was, and where I want to be. 

Add supplements to your diet  

A multi-vitamin can help supplement some of the vitamins and  minerals necessary for good health. You decide what’s right for you. Just be mindful of the dosages. Some discount vitamins may not pack as much punch, or lack potency due to inferior contents. Do your research and always remember that you get what you pay for.

Look into Chiropractic care

I’ve been seeing a chiropractor regularly for years. I feel they are essential to good health, a credit them for my lack of back and neck pain. Again you decide if this route is good for you.

Therapeutic Massage

Treat yourself to a massage to release toxins and improve circulation. I go monthly for a 90-minute full body massage. It’s worth the expense and I feel wonderful. 

 “You can do it.”– Fitness guru Tony Little

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Join a gym.

The average monthly cost of a gym membership in the US is about $40 a month. Look around, there are some discount gyms out there.  Planet Fitness  offers memberships for as little as $10 a month. I have the Black Level membership which has a few extra perks and just cost $21.99 a month. I like the fact that they are open ’24/5′ M-F,  7am to 7pm Sat & Sun. It fits my busy schedule. The advantage of joining a gym is that you’re not buying expensive exercise equipment that you’re only going to use a few times and then hid in the basement. 

Of course you can always do sit-ups, push-ups and jog for free.

No matter what you do, the only way to effectively lose weight is to eat right, eat less, and exercise.

Look what’s for dinner!

Skip eating out, fast foods, or frozen microwave dinners. Cook fresh healthy meals at home. Subscribe to a meal-kit delivery service. They deliver the meals to your door in kit form. You just follow the recipe and do the cooking yourself, all the ingredients are provided (excluding butter, cooking oil, salt and pepper).    There are four major meal-kit delivery services that I know of in the USA. FULL DISCLOSURE: The ONLY one I have used is Hello Fresh.  Some of my friends and co-workers have tried the others.  I am one-thousand per cent satisfied with the vegetarian menu  from Hello Fresh. I had a discount code to try it, (most do) and I decided to give Hello Fresh a try for one month to see if I liked it. I didn’t need a month. ONE BOX was all it took. I have cooked some of the most  amazing, healthy, flavorful  meals I have ever eaten.  I URGE you to try a meal-kit delivery service, and I will let you chose which is right for you. They all appear to have similar offerings, websites, and prices. Most run about $60 a week for three two-person meals. As I am single, I usually cook the meal, eat one serving and have the second  serving the next day as leftovers. Because you’re dealing with fresh foods, you MUST cook the entire three meals within five days max.  If you decide to try Hello Fresh, use my promo code EXPRESSOM to get $40 off your first box.

Four Popular Meal Kit Services Listed In Alphabetical Order.  

I have been using Hello Fresh now for three weeks. I have cooked some amazing meals.

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This is in the Hello Fresh box. Three recipe cards, some promotional offers, and a big insulated cold bag with an ice pack containing, three 2-person meals, each meal separated in a smaller paper bag.

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This is the contents of one bag, the Yellow Squash Flatbreads meal.

hellofresh3Here’s the finished meal. Delicious! IMG_0070

Who needs to go to a restaurant when you can cook fine meals like this at home? Fresh herbs, fresh ingredients, few if any preservatives. If you have basic cooking skills and a basic assortment of kitchen utensils,  pots and pans, you can cook these meals easily in about 30-50 minuets, prep time included. Discover what great food tastes like.

Another benefit of the meal kit is that it helps teach you portion control. The caloric information per serving is listed on the recipe cards. As each meal makes exactly two servings, you become accustomed to what is a healthy amount of food. Binge eating is disastrous to your health. Like I said, I cook the two person meal and eat the second serving  the next day for dinner as left overs. So my three meal Hello Fresh box is providing me almost a full week of healthy dinners.

Again, all of these suggestions are just that, suggestions. Only you can decide what’s right for you. Fitting all of the above into your budget may be tricky and take time depending on your financial situation, but neglecting your health all together will prove to be far more expensive in medical costs decades from now. An ounce of prevention beats a pound of cure. As always, I wish you happiness and success!