Archive for the Life Tips Category

Life Principle – The Compound Effect

Posted in Knowledge, Life Tips with tags , , , on August 22, 2016 by Sirusdark

I was recently asked to write a small essay for an English test and since I chose an educational topic, I thought I’d share it with you!

The Compound Effect

I’d like to share something I’ve learned on achieving goals. It’s called the Compound Effect. We’ve all had at some point in our life moments where we really wanted to change something: lose weight, a better salary, a new job, have more free time, etc. Most of us would like these changes now, without the effort. Well, here’s the beauty of the Compound Effect: it’s effortless and requires little discipline to NOT do more than planned!

Cutting down a tree

Let me start with a quick scenario. Let’s say you want to chop down a tree in your backyard. You could cancel your BBQ party, spend the whole weekend chopping it down, hurting your back and be on sick leave for a week. Or, you could grab your ax, swing at the tree a few times, go back inside and resume your activities. Every morning. Do this, and by the end of the month, I guarantee you that tree will be down.

Steps – Rinse & Repeat

Just like testers explain in five steps how to reproduce a bug, here are the 3 steps to succeed in any endeavor:

1. Have a clear goal of what or where you want to be.
2. Find the smallest actions needed to reach that goal.
3. Do it once every day.

Tracking your progress will become easier, seeing said progress will reinforce self-esteem and soon, you’ll be reaching your goals faster than you could’ve imagined!

It’s the accumulation of seemingly insignificant actions that dictates where we are and where we’ll be tomorrow.

That’s the Compound Effect.

Enjoy!

Sirus

Related reading (optional)
-http://www.thecompoundeffect.com/

Life Tips – Saying NO increases your income

Posted in Knowledge, Life Tips with tags , , , on June 24, 2015 by Sirusdark

Here’s how to increase your income without working harder or asking for a raise: learn to say “NO“. That’s it!

Test chamber

I did that last month. I said no to all/most expenses and, according to my last credit card statement, represented approximately 500$ worth of savings… That’s friggin 6000$ a year!! Cool huh? Not so much. Imagine how stupid I feel now…

Dumb simple? Yep. Easy? Heck no! It’s very hard! ‘Cause as soon as you decide to say “NO” to those extra expenses, they’ll be in your face BIG TIME. You’ll be a spending opportunity magnet.

Of course, it’s impossible to have zero expenses (unless your parents still supports you). There’s always the unavoidables like rent/mortgage, bus pass/car gaz, cell phone, Internet, electricity, etc.

You get the point.

Ready?

I now challenge YOU to do it!

Simple! 30 days of saying “NO” to ALL extra expenses.

Managed to succeed (and survive)? Got re$ult$? Share YOUR success stories in the comments below!

Enjoy!

Sirus
sirusdark.ca

P.S.: Of course, I don’t always have the same monthly spending all year long. Can be less, can be more. So keep an eye out for my future post on running the numbers, which will explain the super crazy complex underlying mathematical algorithms required to calculate that. :D

 

Life Tips – Balancing your wallet

Posted in Knowledge, Life Tips, Methods with tags , , , , , , on May 30, 2015 by Sirusdark

Hello! Today I’d like to share with you one of my most useful life technique: wallet balancing.

You may also combine this tip with this great financial tip:

Never bring more cash than you can or wanna spend!

Show me the money

In today’s era of electronic transactions, cash may seem obsolete, but it’s not. This technique literally saved my arse the day countless times!

Here are some true stories on how this simple method saved the day:

  • Went for an onsite residential job: customer was suppose to pay with cheque, but instead, decided to pay cash. That wasn’t planned… Still, I was able to give the exact change on the spot.
  • Went to see a relative and by some unplanned circumstance, had to take the bus back home. Fortunately, I had the exact amount to pay the trip’s fare!
  • Went for a bite with a friend: AFTER eating, waitress gives us the addition and tells us the debit/credit card machine is out of order; cash only! You guessed it: I was able to pay. I was even able fill in the missing cash/change for my friend who didn’t have a balanced wallet. (Now does!)

How is when

The most important aspect of this wallet balancing technique, is to do it “daily“. What it really means is the second you use your cash, your wallet becomes unbalanced (I know… Rocket science). The “hard” part is balancing it the same day or the next morning before grabbing it for a new day.

My Settings

Safe (can give change for any bills up to 50$)
2×20$+2×10$+2×5$ (Total of 70$)

On budget
20$+10$+5$ (Total of 35$)

wallet_budget_001

Change (never, EVER changes)
2×2$, 2×1$, 6x 0.25$, 3x .10$, 2×0.05$ (Total of 7.90$ or 13.90$)

wallet_sparechange_001

Instead of keeping a total count of my spare change, I simply configure them in a specific layout: all that’s left to do is empty my wallet’s change pocket and match my original layout.

The above picture shows my basic pattern (left) and the extra pattern add-on (right), if needed.

Voilà! I hope you find this tip useful. Now, by all means, do adapt this technique YOUR specific needs!

Enjoy!

Sirus
sirusdark.ca