How to Save $2k Series…..

August 13, 2021

Yesterday I saved $1,800 by paying attention to something I might usually have missed. 
 
I thought everyone did this, until talking to a friend who said it wasn’t something she’d ever considered. 
 
Over the past year I’ve simplified my life to focus more on what I love and less on the areas I can delegate or delete.  It’s part of my Well-th™ philosophy, building my work around my lifestyle rather than the other way around.  

Leading a rich life is less about your bank balance and more about the freedom it affords you. 
I’ve learned you can earn less and live more with a good formula. 
Or conversely, earn more and live less if you’re not mindful.

Recently a property we own got vandalised with oil-based spray paint on 2 walls of the outside of the building.  The property manager dutifully sent me two quotes to attend to the damage, for $1,860 and $2,000.  Usually too busy, I would have considered the two options and picked the cheaper (insurance didn’t apply). 
 
Instead, my buddy and I donned our overalls (think Thelma and Louise), jumped in the car, headed to the scene of the crime, and painted out the problem.  Total cost $200 for primer and paint.  Benefit – a different type of catch up as we incorporated talking, walking (while paint dried), lunch and a cuppa. 
 
There are three reasons we don’t typically do this:

  1. We’re time poor;
  2. We’re conditioned to take the path of least resistance; and
  3. Authority bias, where we make assumptions that the person giving us advice knows better, and unquestioningly follow their (sometimes limited) options.

I’ve been guilty of all the above.

The unexpected benefit of taking time to take care is that it reaps economic rewards.
 
If we pause and consider our responses, we might save time and money and have some fun in the process.

This week I encourage you to consider the value of the pause.
How many ways might you save money if you look at a problem differently?


Louise Fitzgerald-Baker Author

Written by Lou Fitzgerald-Baker

Connect with her on Facebook, LinkedIn and Instagram.
Louise Fitzgerald-Baker Author

About Me

Hello I'm Louise Fitzgerald-Baker, Well-th Coach.

I help women close the gap between wealth and wellbeing.

Most of my career has been in the property sector where I saw a lot of wealth at the cost of wellbeing.

And on the flipside, I've met a lot of yoga and pilates instructors with wellbeing, but not a lot of financial security.

I've discovered there's a Wealth & Wellbeing Sweetspot.

Having found it, I now devote my life to helping others do the same.

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