8 Essential Four-Letter Words for Financial Health
Arthur Kallos
Executive Managing Director & Founder of SparkFG, Australia's first 100% Profit for Purpose Dealer Group. 2022 ifa Dealer Group Executive of the Year & Director, Financial Advisor of Spark Advisory
I‘m always on the lookout for articles with the potential to positively change a business. What’s your take on the following points I came across recently?
Plan: It's time to outgrow impulse spending. If you’ve got some exciting goals, and I hope you do, planning before spending will make those goals happen sooner. Whether it’s clothes, groceries or basic household matter, make a list before you head out to spend. You’ll get everything you need and you’ll be less likely to end up with three jumbo jars of peanut butter in the cupboard.
Cook: Sure you’re busy, you’re tired. You come home and the last thing you feel like doing is cooking a meal from scratch. I get that. Take baby steps and make it fun. When you’ve got a little downtime, check out a few online cookbooks and find a new recipe to try. There are millions of recipes that don’t take long, don’t need many ingredients and make great leftovers. Aim for eating one less meal out and cooking one more meal each week.
Swap: Tired of wearing the same scarves and belts over and over? Tempted to go out and buy a bunch of new ones? Host a swap party instead. Start simple. Invite a few friends to each bring five accessories they’re willing to give up for a while and exchange. It can be temporary or permanent - you decide. Everyone will feel like they got something new to freshen up their wardrobes but nobody spent a dime. This doesn’t have to be just clothing either. Sporting goods, furnishings, kitchen items, tools and electronic gadgets are great candidates for swap sessions.
I’d be really interested to know your opinion. Check out the full article here https://www.investopedia.com/articles/personal-finance/022417/8-essential-fourletter-words-financial-health.asp Otherwise feel free to reach out to me on 0432 132 123 or email [email protected]
Thanks,
Arthur