Self-Management in the Modern Economy: Productivity Systems and Financial Discipline
Here are 5 tricks to raise your productivity if working on your own or from home
Self-employment is now gaining more importance, but private work is not easy, especially when it is from home. Although self-employment is tempting, it is not without problems, the person may face higher tax burdens and bureaucratic obstacles, as well as a sense of economic instability.
There are alternatives such as shared offices, but most freelancers prefer to run their businesses from their homes, a decision that makes them have to convert the place of residence into an office, and separate hours clearly so that they do not work throughout the week or their productivity decreases.
The main obstacles to developing professional activity from home are the absence of direct contact with others, which can cause greater anxiety and more tension and eliminate the sense of belonging to the group, which results in a feeling of loneliness and a loss of focus due to increased distractions from work, in addition to that working days Endless and the absence of a stable lifestyle has harmful effects on health.
To motivate you and increase your productivity at work if you are self-employed or from home, the Spanish magazine “Bit Pet” proposes a set of simple techniques, which include five motivational factors, they are:
1. Say goodbye to sleeping clothes while working at home Neglecting personal hygiene, outward appearance, and wearing pajamas on a full working day, pushes your mind to procrastination and indifference, which negatively affects your productivity.
So you should shower in the morning and dress properly as if you were going to the company or office. It is preferable to separate at home between places designated for professional activity and the room in which you sleep or perform some recreational activities.
2. The ‘swallow the frog’ trick When an employee feels the fear of carrying out a task due to its complexity or boring nature, it stalled, and this affects its productivity.
Cassandra Stavro, the propecorn institution, stated that she has a workplace tradition called “swallowing a frog”.
3. Technology assistance Many applications can help the employee who works from home to focus and work enthusiastically and give his best to improve his productivity. For example, some applications can be blocked while working thanks to the Focus app, while the Trillo application helps to organize tasks.
4. Daily happiness The human brain responds in a very positive way to incentives. It is a method of encouragement that helps the mind to perform better and increase productivity. Therefore, one who works from his home should not fail to take a hot and comfortable bath before starting work.
He can go out to drink coffee with a friend, watch a new movie, or read a book before bed, and these activities should become a daily routine if they make you happy.
5. Fresh air and exercise Doing brisk walking at the beginning of the day is a stimulating and beneficial activity, and if the weather is not appropriate, you can use the YouTube channel specializing in teaching yoga exercises and discover how to stimulate deep breathing.
Before bed, it is necessary to relax and meditate in order to overcome anxiety and stress.
How to save money during seasons and holidays
The holiday and holiday season is related to spending a lot of money and it is time to enjoy food and drinks, but people are looking forward to learning how to better manage their money on these occasions.
A poll conducted by Experian Holidays in 2019 showed that 60% of people say they spend too much during the holiday and holiday season, and 63% of them report that these expenses negatively affect their financial resources while 84% of people think they have incentives to improve their financial situation.
Here are the opinions of saving and money experts on smart ways to save money during this season, according to a report by writer Lauren Phillips, published by the Real Simpler magazine.
Reduce spending early Shirley Yang, Vice President of Deposits at the Goldman Sachs Corporation, said that unnecessary spending like last-minute extra trips and dining abroad before, during and after the holidays should be minimized.
“The less you spend early, the less you have to cut, and if it is too late, cutting your expenses on vacation and vacation activities can help you a lot, too,” she said.
Plan ahead Major holiday expenses, according to a survey by Goldman Sachs’ Marcos Foundation in 2018, include payment for travel, entertainment and gift purchases.
The study stressed the necessity of taking a look at the timetable for this season, setting a plan for the holidays budget, and giving each occasion a certain level of spending and sticking to the same pattern.
Consider your credit card The author indicated that some credit cards provide price protection and that some money can be returned to you if prices drop after purchasing the gift, while others offer deals in partnership with large retailers, while a few dollars can be saved at one time using a guaranteed credit card You already have.
Shop early JPMorgan Chief Financial Officer Chase Alice Rodriguez has assured that early shopping prevents you from making hasty and costly decisions and avoids high freight charges. And shopping at the last minute on vacation is a miss of opportunity and adherence to any price available at that time if the gift price is more than you want to spend.
Set aside a separate account Yang suggests that if you are really worried about overspending during the holidays and are having difficulties limiting your expenses, consider allocating a holiday account early in the year or even beginning of the previous year and putting the amount of money you want to spend in a high-interest savings account.
Find sales prices The author indicated that if you are planning to get high-priced items on “Black Friday” or “two internets” then you should research the original price, because sometimes the sale may not offer the type of deal you hope to get, and it may be better to Looking at another store or waiting.
ask for help JPMorgan Chief Financial Officer confirmed that sharing food is a great idea for gatherings, and people can bring their choice of food and drink to help reduce costs.
“Ask one of the guests to bring drinks and make sweets, and if you have a variety of tastes or food restrictions for guests, you can make sure that everyone has what they want and can eat it,” she said.
Consider AutoSave The writer confirmed that some banks offer an automatic saving feature that transfers a specified amount in dollars after checking the account into savings with every purchase, and many savings applications offer the same service.
Thinking about registering for this service before the holiday season can save a little while you spend, Rodriguez says.
Spend your potential If your budget is limited, do not start looking for ways to spend that exceeds your ability, because personal loans, credit cards, and installment loans allow you to extend your money extension but it may also mean that you will end up paying more in the end.