What are the most straightforward lifestyle improvements that don't cost a fortune or take months to implement? For busy working adults, there are several worthwhile changes that are both economical and hassle-free. It only takes a few minutes to make a new morning and bedtime routine, each of which can totally reorganize your life. Consider making other moves, like adding real estate to an investment portfolio, setting up an automatic savings plan, reorganizing the car trunk, deciding on a list of achievable lifetime goals, installing a home security system, and revamping your wardrobe without spending a fortune. Here are some suggestions that can get the ball rolling.
Establish Morning and Evening Routines
Decide on several things you'd like to do every morning as soon as you get out of bed. Building a simple and repeatable routine can help you get the day started right. Also, establish a pre-bedtime ritual that includes at least one activity meant to bring relaxation, like a short yoga or meditation session. Those who have morning and nighttime routines tend to begin their days more easily and fall asleep faster at night.
Add Real Estate to Your Portfolio
When most think of real estate investing, they assume that it takes a significant sum of money to get involved. But for those willing to explore fractional real estate investing, there's no need to have deep pockets to add real estate to a portfolio. Of course, the advantages of the asset class include various tax benefits, substantial returns, reliable cash flow, and more.
But too many working adults fear that the entry price to the world of real estate investing is excessive. Others worry that they'll have to become part-time landlords. Fortunately, neither of those things is true for those who invest in fractional shares of real estate, which allows anyone to buy in for a small sum, just as they would purchase a share of corporate stock. Plus, there are zero property management or landlord-like responsibilities.
Save Automatically from Each Paycheck
Arrange to have a fixed percentage or amount from each paycheck sent directly to a savings account. Working adults who automate finances in this way find it less challenging to set aside money from all their income. No matter what you earn, be sure to designate some amount for an emergency fund or bank-based savings account.
Reorganize the Trunk of Your Car
It only takes about an hour to remove the clutter from your car's trunk, add a few compartments, double-check the spare tire, and add essential items like first-aid kits and basic tools for emergencies. The compartments come in handy for grocery transport, and having less junk means a lighter vehicle and better gas mileage. What should car owners keep in a well-organized trunk? A spare time, emergency flares, a decent tool kit, a jack, a fully inflated spare tire, two gallons of water, a couple of blankets, and a half-dozen meal bars. An organized trunk can save the day if you ever suffer a breakdown in a remote area.
Install an All-In-One Home Security Pack
For less than $100, you can purchase a basic home security kit that includes motion-activated spotlights, two or more miniature surveillance cameras, door and window alarms, and other accessories that turn any house or apartment into a much safer place. Prices have come down significantly in the past decade for high-tech security components, but the all-in-one kits offer the best value for budget-minded consumers who currently have nothing more than deadbolts on their doors.
Cull & Replenish Your Wardrobe
Leverage the power of online sales and auction websites to turn unwanted clothing into cash. Be sure to clean and mend any used items you pull from the closet or drawers, photograph them in good light, and list them for a fair price. What doesn't sell online can go into a one-shot yard or garage sale. The goal is to convert as much of your unneeded clothing items into cash that can finance a few new items. When purchasing new clothes, make a detailed list of what you need. Remember to acquire versatile pieces that can work within multiple ensembles for work, formal, and casual settings. Don't automatically assume you must acquire new items only. Check out the better local second-hand stores for accessories and unique pieces of winter wear.