If your business has been put on hold or your workload reduced, set yourself up for a great financial year by using your time strategically. Here are five things to do with your time right now so when the restart gate opens, you are fast out.
- Take Time To Dream
When you set an inspired future for yourself and your family, every income-generating action is a means toward a really exciting plan. So, create a vision board and display it prominently. You may be surprised at how much your family, friends, and coworkers will support you in making your vision board a reality!
- Set The Plan
It might seem insane at this moment to think about anything other than the immediate, but that is exactly what you need to do. Dreams often cost money, so the first step is to define your monthly budget. Your plan should first be to live within that budget each month and accumulate enough savings for 4-6 months of living expenses. Once you have completed that, set a budget to complete your vision board. Your vision board budget should be a mixture of retirement investing and discretionary spending.
If you dreamed big enough, the finances to responsibly save AND complete your vision board will seem impossible. That is where Step 5 comes in. For now, just figure out what you need for your savings and vision board budget.
- Get Organized
A disorganized person is someone who leaves money on the table. Get your work contacts together, clean your house and make a “sell” pile, and organize your taxes for the best possible return. An organized space doesn’t include unnecessary things and leads to a more creative and happy mind, and you will need that to chase your dreams.
- Develop Yourself
No matter what you do for a living, you should never stop learning about it. You can also do something different and ambitious, like learn a new language or skill. Those who spend their time watching lots of entertainment content are less likely to jump out of the restart gate as quickly as someone who has used their time to expand their mind and skillset. This is also a great time to work on your wellness. Emerging from this unique moment as a more focused, happy, healthy go-getter is going to bring lots of opportunities forward.
- Find New Revenue Streams
Your future requires multiple revenue streams. There are lots of opportunities to work from home, including LimeLife. Every extra bit will accumulate for the next rainy day (or month) and your most amazing life. So, don’t just do one thing, do lots of things with joy and purpose.
Your time right now is valuable. Every minute you spend dreaming, planning, and taking action, is an investment that will set you up for your best financial year and beyond.