Being self reliant isn’t just for “preppers” and homesteaders – just about everyone can benefit from building a self-reliant mindset.
Think about it; all it means is that you rely on yourself more. You are more independent, and your success isn’t tied to anyone else. You don’t have to give up all help and social contact though, simply knowing that you can stand on your own two feet will grant you the confidence to excel in all areas of your life.
9 key steps to becoming self reliant
Believe in Yourself The first step to being more self-reliant is to FEEL more self-reliant. You have to believe that you can stand on your own two feet, or you will never become more self-reliant.
Recognize Your Dependencies It’s important to figure out who and what you are currently dependent on. You don’t have to make any major changes at this point. Just recognize your dependencies. This way, you will know what kinds of things you need to learn to do yourself.
Accept Responsibility If you want to be more self-reliant, then you need to accept responsibility. Your actions lead to real consequences, and you need to be responsible for them. If you make a mess of things, you need to be responsible for that, rather than looking to others to fix it.
Think for Yourself You must avoid groupthink and think for yourself. This doesn’t mean that you take the contrarian stance on every issue, but make sure you understand and believe in the things you talk about. If you have a stance on something, ensure your stance is not just what everyone else thinks.
Be Your Authentic Self You should know your core values and what you believe in. Furthermore, it would help if you also acted in ways that reflect those values. Don’t try to be someone different to impress others. If you want to be more self-reliant, you need to be comfortable in your skin at all times.
Make Your Own Decisions If you run to someone else for help making every decision, you aren’t self-reliant. Decision-making can be very stressful, and while it’s helpful to get someone else’s’ opinion, it’s up to you to make the decisions in your life at the end of the day. After all, you are the one who has to live with them.
Look After Yourself A big part of self-reliance is taking care of yourself. You need to make sure both your mental and physical well being is taken care of. A poor spell of mental or physical health will almost ensure your reliance on others.
Commit to Lifelong Learning While you can’t possibly learn everything, it is important to commit to constantly learning if you want to be self-reliant. The world and your needs change; you need to keep learning, so you are ready to face these changes independently.
Know What You Want What do you want out of life? If you want to be more self-reliant, you need to know exactly where you want to go. What’s the point of being self-reliant if you aren’t following your own goals?
Absentmindedly, you reach for your phone. You open your favorite app. Nothing has changed since you last did this 10 minutes ago, but you kind of forgot that you’d just done this. So, you open a different app… but you were just there, too.
Does this sound familiar?
Sometimes, we convince ourselves we’re being super productive by staying up to date with the latest news and happenings on social media and responding to emails immediately. The reality of the matter, though, is you are distracting yourself from bigger things.
When you’re at work your focus should be on work.
When you’re at home your focus should be on your home life.
In a world full of increasing distraction, it is no wonder that without techniques we are likely to find it difficult to stay focused. This is costing you, both in terms of personal energy and in terms of staying in ‘flow’.
If we concentrate on one item at a time, we tend to find that we stay focused on that activity and deliver a higher quality of output for ourselves, our clients, and our contacts.
It’s time to take back control by using these quick and easy ‘stay focused‘ techniques.
No More Notifications
Open your phone settings right now and go in and turn off notifications. You don’t need an update about who sent what Tweet yesterday but it’s time for you to see it now. You don’t need a constant stream of distressing news updates breaking your focus. Check your social media at set times, do the same for email, and ignore it the rest of the time.
There are apps and functions on the phone that can assist you to stay focused.
On some Android phones, you can turn on Zen mode. Turning on Zen Mode forces you to stop using your phone for a set amount of time. Once you turn the feature on, there is no going back: even restarting your phone won’t turn it off. The default active time is 20 minutes, so you will need to wait at least 20 minutes before your phone returns to normal.
There are other tools that act as a stay focused website blocker. An app that runs on Google Chrome, StayFocused, prevents you from accessing time-wasting websites.
A Healthy Routine
You can improve your focus by establishing a healthy daily routine.
When you set your routine and you get used to it you don’t have to waste time thinking about what comes next. It’s why people like Steve Jobs did and Mark Zuckerberg does wear the same outfit from one day to the next!
What decisions can you take that will lead to an action to stay focused better? This then becomes recommended actionable tasks to benefit your productivity.
What does your day look like? What is on your to-do list? The best way to avoid distractions is to rank your tasks in order of priority. It can be overwhelming when you think about all of the things you need to do, by putting them in order, you remove the stress and overwhelm.
Say No To Multi-tasking
Are you a multi-tasker? If yes, are you good at it?
If yes, I am sorry, but you’re likely to be wrong.
There was a myth a few years ago that women were better at multi-tasking than men. Regardless of gender, when you put down and pick up your next task, you use energy and lose efficiency. Your attempt at multi-tasking is slowing you down, reducing your productivity, and you’re not doing each task as well as you could be.
By multi-tasking, you contribute to distractions. So stop convincing yourself otherwise and stay focused on one thing at a time
When your schedule is going haywire, when the world is throwing distractions in your face it’s difficult to take a moment for yourself. However, renewal is vital. As your energy dips, memory is fading, and you can feel the stress creeping in, it is important that you withdraw from that and take time to regenerate.
In summary, we know that trying to stay focused is tough. It is a habit that we need to invest energy in to adjust the way that we do stuff. If you work hard to manage your exposure to social media, build up a healthy routine to minimise routine decisions, prioritise the things that are important, stop multi-tasking and know when to take a break, you will be in a better place and have taken that first step to improving your performance.
Financial management is the process of managing your money. It’s a broad term that encompasses everything from budgeting to investing and saving for retirement, but it all comes down to one thing: you need to be in control of your finances.
If you’re not sure what financial management means or how it affects your life, don’t worry–we’ll walk through some basic definitions here and then go over some solutions for those who are struggling with their finances.
Identifying a Lack of Financial Management
There are many signs of financial mismanagement. If you notice that your bank account has a negative balance, if bills are consistently being paid late or not at all, or if you have been using credit cards to buy things that are beyond your means, then it’s time for some serious self-reflection.
While these warning signs may seem obvious, sometimes people don’t realize when their finances are out of control until it’s too late.
Imagine though, if you now overlay this to a business. The business world of finance is different, and there are many key aspects and measurements that can help determine how successful your business is. These tools range from earnings calculators, like the one here, or apps that can help you keep your books.
The Risks of Not Being in Control of Your Financial Management
The risks of not being in control of your financial management include:
Poor decision-making. If you don’t know how much money is coming in and going out, it’s easy to make poor decisions about spending and saving. You might spend more than necessary on groceries or entertainment, for example, because you don’t have a clear picture of where all of your income is going.
Lack of financial security. When people don’t have an accurate picture of their finances, they may be unable to plan ahead for emergencies such as job loss or medical emergencies–and they may not be able to save enough money for retirement either!
Financial trauma (or even bankruptcy). If there’s no way for someone who’s lost their job or fallen ill suddenly due to illness or injury but still has bills coming due every month–or worse yet if they’re facing foreclosure–that person could end up losing everything they own just because he/she wasn’t aware that something bad could happen until it did happen!
Developing a Positive Financial Mindset
You may not be in control of your financial management, but that doesn’t mean you can’t take steps to improve your situation. The first step is developing a positive financial mindset. This means learning how to recognize and overcome negative thoughts about money, which can lead to poor spending habits and other issues.
If you find yourself struggling with debt or other financial problems, start by practicing gratitude for what you do have rather than focusing on what’s missing from your life–and then use this gratitude as motivation for setting goals that will help improve your situation over time. For example: “I’m grateful I have enough food in my pantry right now so no one goes hungry tonight.” Or “I’m thankful my car still starts up every morning even though it needs repairs soon.” These kinds of statements remind us that there are many things in life worth appreciating before we get wrapped up in worry about money matters (which often leads us down paths filled with regret).
Creating a Financial Plan
The first step in taking control of your finances is to create a financial plan. This can be done by creating a budget, tracking expenses and setting up an emergency fund. A budget is simply the amount of money you have coming in (income) versus how much goes out (expenses). If you don’t know where your money goes every month, this will help give clarity on where it’s going and what areas could use improvement. Tracking expenses involves writing down everything that comes out of your bank account each month so that when it comes time for tax season or any other time when deductions are made from paychecks or loans taken out, there won’t be any surprises! One thing many people fail at doing when trying to get their finances under control is setting up an emergency fund: having enough cash available at all times so as not to put yourself into debt during emergencies such as car repairs or medical issues without having access even if banks aren’t open yet due
Making Smart Financial Decisions
When it comes to your financial situation, you want to make sure that you’re making smart decisions. The first step is researching the investment options available and considering their long-term effects on your life and goals. It’s also important not to make quick decisions based on emotions; if something doesn’t feel right or seems too good to be true, it probably is!
Seeking Professional Help
If you’re not in control of your finances, it’s time to get some help. You can start by talking with a financial advisor or financial planning services about what you want out of life and how best to achieve those goals. There are also debt relief options available if you need them.
The first step to taking control of your finances is educating yourself.
Reading personal finance books and blogs, attending financial seminars and workshops, or even enrolling in a course on the subject can help you learn more about how money works. Having this knowledge will give you a better understanding of what’s going on with your money so that when something goes wrong (and it will), at least there is some context for why things went wrong and what steps could be taken next time around.
We have designed an online course that can help you to understand more about what is running a business from a financial perspective.
You may also want to consider hiring an accountant who specializes in small businesses or someone who has experience working with clients like yours–this person could help keep track of tax filings as well as offer advice on how much money should be saved each month based on projected expenses over time
Break down your goals into smaller steps. Create a timeline for each of these steps, and make sure that it’s realistic and achievable. Use the “if-then” method to create contingencies for when things go wrong or you need help with something else in your life that might interfere with achieving your goal (for example, if I have no money left at the end of the month, then I’ll have to cancel my gym membership).
Overcoming a Lack of Financial Management
Stay positive. Focus on progress, not perfection. Reward yourself for small victories along the way by using your hard-earned money to buy something you really want or need.
Overcoming Financial Phobia
Sometimes though, it could be that you and financial matters have a problem. You have a fear of understanding money.
There are many causes of financial phobia but all are driven by our avoidance of doing ourselves harm.
Life has an uncomfortable habit of dishing our unexpected challenges. This could be a loss of a job, divorce, or another life event that results in a sudden change in income. This form of financial trauma is something that we don’t forget and actively protect ourselves against in the future.
As we grow up, we often look at others around us as role models. If you grew up with parents who were afraid to spend money on anything other than necessities like food and shelter, then chances are you’ll follow suit and become financially conservative yourself.
Another reason people develop financial phobia is that they lack financial education–they don’t know how to make smart decisions when it comes to spending their money wisely (or even worse: they don’t realize there’s such thing as “smart” spending).
So how can we get around this financial phobia?
Staying positive. It’s important to remember that you are not your money, and that you can’t control how much of it comes into your life. You do have control over how much goes out, however, so focus on making smart financial decisions and getting the most out of what you have.
Focusing on progress rather than perfectionism or failure. There is no such thing as perfect money management; even if you follow all the rules perfectly, there will be times when things go wrong–and that’s okay! It’s important to remember that every step forward counts toward reaching your goal of improving your finances and increasing confidence in managing them well (which will lead to more success).
Rewarding yourself for progress made towards overcoming financial phobia by doing something fun with friends or family members who support your efforts at self-improvement–or simply reward yourself with some chocolate cake!