How to Make Decisions (Uncomplicated)

When I describe the KonMari method to people it is so simple it seems stupid at first. “Make a pile of like-objects, hold each one in your hands and as yourself, ‘does this bring me joy?’ Discard the nos and keep the yesses.”

This is as basic as addition (subtraction?) and is a method that has proven effective for both me and millions of others around the world.

I would never attempt to say that I have an idea as amazing as the KonMari method, but I can’t help but wonder, “what if there were a similar method, not for objects, but for making decisions on how we spend our time?”

 

With that thought, I created this diagram a long time ago, when I was at the height of my Mustachian fandom. I wanted to illustrate the idea that making educated, controlled decisions, no matter how minor they may seem, add up to a more meaningful life over time. A great example of what a best choice might be is probably the most Mustachian activity imaginable: riding a bike. It saves you money by not using gas or increasing the wear and tear on your car (Increases Wealth) it gives you an opportunity to exercise (increases endorphins=Increases Happiness) (increases heart health and muscle tone= Increases Health). Some examples, such as riding a bike, are universally obvious. Others are more personal and depend greatly upon your specific situation, personal values and circumstances.How to Make DecisionsStarting a side business, for instance, could easily end up costing you money if you’re not careful. On the other hand, if your business requires little in the way of overhead and is flexible enough for you to keep your job, it would end up satisfying the goals of increasing health, wealth and happiness- making it a best choice for you. Off the top of my head the idea of walking dogs could be perfect for someone who loves dogs. You would get outside, get exercise, spend time with fluffy animals who are always happy to see you, and increase your wealth by making some extra money. Even if your side business does not satisfy all of these requirements, it is still worthwhile even if there’s only a chance it could meet all the requirements in the future.

Selling jewelry, for instance, may not increase your health and it may cost you a lot to buy supplies, meaning you’d just break even. If the happiness it brings you is worth it however, it might be something to stick with because it is quite possible in the future to have enough business to increase your wealth through it. Overall, I’d say even if your choice only includes two out of three criteria, it is worth pursuing if it’s not possible or practical to make a choice that includes all three.

If the choice meets one requirement, it’s a “good choice.” If it meets 2, it’s a “better choice,” and if it meets three, that it’s the “best choice.”

Though it may seem obvious at this point, if a prospective choice doesn’t enhance your health, wealth or happiness it should no longer be something for we should consider at all. Like the possessions you need to ‘let go’ when you’re tidying, there are choices in life that we have to decide for ourselves to walk away from. Leaving a time commitment, hobby, job or relationship can be a painful decision- especially if we have invested a great deal of time, money and energy on the endeavor. If the choice affects someone else, it can be downright scary to even consider abandoning the commitment. As a motivating thought there is a fundamental defect in staying in these scenarios that are solely for the benefit of other people.

The problem is that all the little choices we make for other people will slowly accumulate into a life that doesn’t advance us to our true destiny.

On the flip side, the more we examine each choice we make in the present moment and evaluate its potential to propel us forward, the closer we come to living to our true potential. No one else can decide for us what it means to be healthy, wealthy, and happy- although there is a great deal of research that points to what can statistically contribute to a higher quality of life for most people. If you’d like to learn more about this topic, I’d highly recommend the documentary “Happy” on Netflix instant. It is a captivating film that I am positive will be worth your time.

To give a quick recap in case I lost you:

We make choices at almost every minute of every day.

The choices we make affect our mood, our health, and our financial freedom (or bondage).

When we make choices that increase our health, wealth, and happiness we generally become better people over time.

We can think of it like a software program that mandatorily updates to the newest version every day. Do you want your newest version to work well, to be fluid and run at optimal performance or do you want your newest version to run slow, have kinks and crash all the time? Of course you want it to be better than before! This philosophy and diagram is simply an external cue for being present in every moment; having awareness of our own free will and life force.

Simply trying to feel happy in the moment actually can backfire, but as this wonderful article points out, we can make an effort to plan our time out in a way that incorporates our most rewarding activities.

I’m currently choosing to use mine to spend time with my family and close friends, to make art and music, to learn web development, garden, eat well and move closer to a more minimal, intentional and eco-friendly environment in my home.

How will you use yours?

 

 

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Earn Huge Savings with Tiny Changes

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There are endless amounts of small changes we can all make to lighten our environmental footprint, which you can learn a comprehensive amount of information about from Zero Waste Home, (Read the book for a definitive guide), this blog specifically focuses on those little habits that keep money in our bank account (which most often does add up to a savings in consumer waste as well). It’s a hassle sometimes to acquire the right tools to keep more money in our pocket. For some examples, it can be a pain to walk outside in the cold to compost a bowl of table scraps. It can be painful to turn down a trip to the ice cream shop. It can seem damn right counter-intuitive to sell something new for the exact same thing in an older model. But all these things are examples of small changes I’ve made, some of them were one time changes while others are daily changes.

Deciding Which Changes Will Be Worth it

A big part of the name of this blog, “The Scratch Paper Saver” comes from the idea of using scratch paper to casually predict outcomes depending on certain variables into the future. For someone who struggled with math my whole life (I swear to god it was a miracle that I passed each math class I took from Sophomore year of high school up until university), this is very doable as long as you take the few minutes to look up the variables to make sure they’re accurate.

one will save $0.61 per coffee by using reusable filters in the Keurig

Oftentimes a quick google search can come up with articles in which others have already done the calculations for you, such as in this case where I quickly googled k-cup vs reusable filter cost comparison and found this awesomely detailed and compelling article  by the personal finance blogger, Squawkfox toward the top of the simple google search pile. So by this article’s rather diligent explanation, one will save $0.61 per coffee by using reusable filters in the Keurig rather than the severely trashy and expensive K-Cups that are relentlessly marketed for use by Keurig owners. So with simple back of the napkin math, if you drink 2 cups of coffee a day (a rather modest estimation by stay at home mom and dad standards), that’s a savings of about $37 a month. And to magnify the savings, just multiply that amount by 12 to find out the savings in a year (Around $450)! With every change, you also have to evaluate the time/effort factor that goes into each change. This is a personal decision that depends on the amount of spare time you have and how flexible you can be with external expectations (not going out to lunch with your co-workers for instance).

Using a Compounding Interest Calculator to Estimate Long-Term Savings

To make things even more mouth wateringly juicy, use a compounding interest calculator to play with the savings amount when that yearly savings is invested in an index fund with a 7% average return. This is where you put the pedal to the metal when it comes to the phrase, “A penny saved is a penny earned” my friends, as we are now very  quickly and easily going from 61 cents to thousands of dollars. Now when you throw away one of those flimsy K-cups you can simultaneously imagine reaching into your wallet, pulling out several dollar bills, and tossing those in the trash too. That thought right there should be enough to get us to take the 30 seconds needed to compost those coffee grinds and rinse out our own filter in the sink with a smile!

Small Changes Worth the Effort

    • Go to the library over purchasing new books. If you do purchase new, resell them on eBay.

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    • Sell your unused stuff on Craigslist. Learn from my mistakes here

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    • Make as much home made meals as you can from scratch.
    • Prepare a to-go breakfast the night before such as soaked steel cut oats or chia seed yogurt
    • Take a sack lunch to work
    • Freeze prepared meals for the work week on Sundays
    • Use the crock pot to make dinner while you’re at out
    • Stick to the memorable slogan, “Something to Wear, Something they Need, Something they Want, Something to Read” for your child’s holiday gifts
    • Simplify or opt out of traditional family/friend gifting

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    • Discover even more money saving (small) change that are worth the effort in this post.

 

What other money-saving changes have you made? Please share in the comments!