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20 Networking Tips Worth Mastering Right Now | The Savvy Intern by YouTern


20 Networking Tips Worth Mastering Right Now | The Savvy Intern by YouTern:

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20 Networking Tips Worth Mastering Right Now

opp1Whether you’re fresh out of college or you’ve been in the workforce for a few years now, it’s important to never stop networking. After all, the last thing you want is to be left in the dust because your networking skills were neglected and you didn’t take enough time to build valuable connections.

Wherever you are in your career, here are 20 networking tips worth mastering right now:

1. Talk to Non-Millennials

While it makes sense to build a network of like-minded people who have had similar experiences as you, you also want to meet people who have years of experience and have obtained practical wisdom.

Network with individuals who’ve been working in your industry for a while. Obtain a few Baby Boomer and Gen X mentors. Diversify, diversify, diversify!

2. Know How to Talk to Busy People

As you continue to master networking, you’ll discover some of the most important (and potentially helpful) people are the busiest. When reaching out to them, have a specific purpose. State that purpose in a mutually-beneficial way. And be sure to ask the right questions and accommodate their schedule.

3. Know the Right Time to Ask for a Coffee Date

Most people think the initial step to take when networking is to set up a meeting over coffee. While this can be an effective practice, it’s also important to be considerate of people’s busy schedules.

As you network, consider setting up meetings over the phone or even stopping by their office for a quick chat. This makes networking much more convenient for them, and makes them much more willing to spend time with you.

4. Keep in Touch with Alumni

Your alumni networks are a gold mine of professionals and colleagues you must stay in contact with over the summer. Even if it’s dropping a fellow alumni an email or tweet just once a month, make sure you keep those relationships strong!

5. Go to Networking Events

You need to get your butt to networking events! Period. You’re not going to meet new people unless you put yourself out there. If you’re afraid to go alone, grab one of your friends or coworkers to join with you. No matter how you do it, get there!

6. Invest in Business Cards

Although we’re in a digital era where everyone uses LinkedIn and email to build connections, business cards will never go out of style. Invest a few dollars. Hand them out with confidence. Business cards… mean business.

7. Focus on Commonalities

As you network, look for people with whom you could see yourself staying in touch. These relationships are ones where you can help each other and have common interests. Plus, these win-win relationships can serve as your career advocates and job search buddies, too!

8. Pay it Forward

As you meet new people, search for opportunities to help them out. Whether it’s sharing a helpful article with them or connecting them with someone in your network, don’t hesitate to lend a hand.

9. Don’t Forget About your Online Connections

The busier you are with work and real-life connections, the easier it is to forget about the connections you’ve made through social media. Nurture the relationships you developed on Pinterest, Twitter and LinkedIn!

10. Spruce Up Your LinkedIn Profile

Research shows 94 percent of recruiters who are active on LinkedIn use it to find candidates. So every couple months, using highly relevant keywords in your headline and summary, spruce up your LinkedIn profile.

11. Ask Questions (And then Shut Up and Listen to the Answers)

Two of the best ways to make the most of your networking efforts are: 1) ask thoughtful questions, and 3) be a good listener. Especially when used in this order, this one tip will help you learn more from the influential people with whom you network.

12. Engage With a People Outside Your Company and Industry

Another great way to expand your knowledge is to network with people who work in different fields from you and at different companies. You’ll not only broaden your thinking, you’ll most likely discover new ideas.

13. Network With Purpose

Don’t just do it to get ahead in your career or so your ever-increasing number of followers shows no signs of slowing. Network because you want to build meaningful relationships, grow as a professional, and give to others.

14. Inspire Others

Everyone needs an advocate. So as you meet new people, inspire them to follow their dreams and accomplish their goals. Not only will you help someone in your network feel motivated, you’ll feel inspired.

15. Perfect a One-Sentence Introduction

Whenever you meet a new person, you must able to introduce yourself with confidence. For example, if you’re looking for a job, you don’t have to go into detail about your current employment status. Just say something like “I’m Jane Doe and I’m a graphic designer.” However, if you’re employed, you could say something like “I’m Jane Doe and I work for ABC Marketing as their graphic designer.”

16. Know How to Leave Awkward Conversations

If you find yourself in an awkward networking situation, you need to know how to politely excuse yourself or change the topic. When the conversation is becoming lifeless, you can mention that a colleague showed up you must meet, or that you’d like to introduce the person to a friend.

17. Be Proud of Who You Are

Even if you’re unemployed, be confident in who you are and the value you bring. Just because you don’t have a job doesn’t mean you don’t have anything to offer. Be confident in your skills and experience, and you’ll feel much better when entering networking situations.

18. Compliment Others

Compliments go far. Whenever you see the opportunity to compliment someone on their accomplishments or success, be sure to share your kind words.

19. Look for Common Ground

Finding common ground is a great way to keep the conversation going. To do this, ask open-ended questions like “Is this your first time at this event?” and carefully listen to the other person’s response.

20. Overcome Your Fear of Networking

Networking doesn’t have to be scary. To advance your career, you need to embrace networking with confidence and enthusiasm. You must become a networking monster!

What other networking tips would you add to this list? Let us know, in the comments below!

For this post, YouTern thanks our friends at Come Recommended!

olivia-adamsAbout the AuthorOlivia Adams is the Brand Manager at Come Recommended. She is a graduate of Ferris State University with a B.S. in public relations. Olivia has experience in content marketing, writing, social media, branding, and public relations.

12 Fatal Resume Flaws by Deborah L. Schuster, CPRW


12 Fatal Resume Flaws by Deborah L. Schuster, CPRW:

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12 Fatal Flaws
in Do-It-Yourself Resumes
As a resume writer, I’ve critiqued thousands of resumes over the last 15 years. And I’ve found that about 90% of the resumes I see have at least one of the “Fatal Flaws” below.  While typographical errors are a well-known resume killer…there are other lethal mistakes I see more commonly:
  1. Focusing on duties rather than accomplishments and results.  This is by far the most common error I see in resumes. And it is also one of the worst mistakes you can make. Why? Because employers don’t just want to know what you did — they want to know how well you did it! Giving someone your job description does not tell them why they should hire you. You must show how you helped the company by improving productivity, saving money, increasing revenues, or solving a problem. Whenever possible, include numbers to quantify your results. 

    And don’t think you don’t have any accomplishments. You do. Many of my clients say they have no accomplishments, until I start asking probing questions during the consultation. If I do some digging, I can usually uncover some very impressive accomplishments in every candidate.

  2. Poor sentence structure.  An overwhelming number of resumes I critique — from entry level to executive — use passive sentence structure or contain verb confusion. Many begin their job descriptions with two words that are guaranteed to put the reader to sleep: “Responsible for….” That is the passive voice, and it is weak and vague. If you want your resume to be lively, clear, and action-oriented, use the active voice.  Begin each sentence with a verb: “Managed $2 million inventory of…” 
  3. Using “I” and “My” is another resume no-no. The “I” is understood.  But yes, you should still write the resume in the first person.  Even though the word “I” is omitted, it is still you talking, not a third person.  So you would say “Develop promotional materials…” on your resume, not, “Develops promotional materials.”
  4. Copying Your Company Job Description.  One of the reasons people often make Mistake #2 is that they copy the exact wording from their company job descriptions. Those are always easy to spot because they’re written in the third person and full of redundant legalese and excessive detail. But your resume is NOT a job description and it shouldn’t read like one. It’s a marketing tool that should sell your abilities. Job descriptions don’t sell!
  5. Writing a “Career Obituary.”  That’s what I call a resume that is past-oriented.  It tells everything the person ever did in his past, whether it is relevant or not, but does not show how it applies to the future job. Or they give equal space to all positions, including old or irrelevant ones. But your resume is about your FUTURE, not about your past. You must show your ability to excel in your targetposition. Everything in the resume should support that objective.
  6. Using the Wrong Format.  Copying a format from a friend or a resume book is a mistake. The format may be great for them, but all wrong for you. Using a free Microsoft Word template is not a good idea, either. At best, your resume will be identical to thousands of others floating around. And whatever you do, don’t use the same format you were taught in college. Chances are, it’s all wrong for you at this stage in your career.

    Your format and design should be carefully planned as part of your resume strategy. The right format will play up your strengths while playing down any weaknesses, such as employment gaps, job hopping, unrelated employment, etc. Even the placement of dates is crucial. Putting them in a prominent place (such as isolating them at the left) will only draw attention to employment gaps.

  7. No Career Summary, or an Objective instead of a Summary. The first three inches of your resume are the most important in capturing the employer’s attention. Yet many still use that precious space to state an Objective that is either obvious or vague. Objectives are for entry-level candidates. If you have over five years of experience in your field, an Objective looks silly and outdated. Instead, you should top your resume with a very strong, well-written Career Summary.

    An Objective tells “What I want to be when I grow up.” A Career Summary states “Who I am…what I’ve done…what I can do for you.”

    Here’s another way to look at it:  An Objective tells what you want FROM the company…but a Career Summary tells what you can do FOR the company. Which do you think will appeal more to the employer?

  8. Getting Long Winded.  One of the biggest pet peeves among hiring managers is long, narrative style resumes with huge blocks of text. “And in 1985, I left the company to work for my father….” Use short, concise statements, and avoid “I” and “My” altogether. Your resume is not a biography — it’s a marketing tool. Avoid excessive detail.
  9. Making the Big Squeeze. I know…they told you in college that your resume should only be one page, right? And that was true — when you were a new graduate. But if you have over 10 years of experience, forget that outdated “one page rule”! As long as the resume is easy to skim (see #11) and you’re not cluttering it with a lot of old and irrelevant information (see #10), two pages are ideal.  In fact, two pages are now the norm for professionals with significant experience. You and your family couldn’t live comfortably in your college dorm, right?  Then why are you trying to squeeze 15 or 20 years onto one page?
  10. Irrelevant, Old, or Personal Information. Don’t list positions more than 15 years old. Executives may go back 20 years, but no more. Listing positions dating back to the 70’s is a major liability on a resume. Even worse is listing information that is not related to your career objective – such as unrelated jobs or hobbies. And including personal information (height, weight, marital status, children) is as outdated as a double-knit polyester leisure suit. Actually, it’s worse. If you make this error, your resume will be tossed immediately by liability-wary employers.
  11. Poor Design.  In order to pass The 15 Second Test, your resume needs a clean, professional, distinctive, and eye-catching design. (Examples)  If not, it will be difficult to compete among a stack of thousands. Use short paragraphs and bullets to guide the eye of the reader.

    Another error I often see is the overuse of bullets. If you bullet every line, the eye of the reader does not know where to fall. This is called “Death by Bullets”!  Don’t get me wrong — bullet points are essential in your resume. But they should be used strategically to emphasize key points or accomplishments — not every sentence.

  12. Leaving out industry keywords. Keywords are a crucial part of today’s resume. They are particularly vital if your resume will be screened using applicant tracking system. But they are equally important when your resume is read by humans, since a Keyword Summary provides a quick overview of your core competencies and areas of expertise. These keywords vary from industry to industry. One of the most important things I do for my clients is provide a skills assessment to identify these keywords.
Of course, there is much more to writing an outstanding resume than avoiding these flaws. As you can see, your resume must have strong writing that is concise, clear, focused, persuasive, and credible. It must be aesthetically-pleasing, strategically formatted, and relevant.  And above all, it must answer the question “Why should I hire you?” 
Although developing a resume is complex — by avoiding the 12 Fatal Resume Flaws, you have taken an important step in making the first cut!
 The Lettersmith © 2004-2013 All Rights Reserved

– See more at: http://thelettersmith.com/Articles/12FatalFlaws.htm#sthash.IYkh7qAZ.dpuf

The 15 Best and Worst Words to Use on Resumes According to Recruiters


The 15 Best and Worst Words to Use on Resumes According to Recruiters:

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The 15 Best and Worst Words to Use on Resumes According to Recruiters

The 15 Best and Worst Words to Use on Resumes According to RecruitersEXPAND
Given how little time recruiters spend on a resume, you should use any edge available to stand out from the crowd. A recent survey of over 2,000 human resource professionals highlights the best and worst words to use in your CV.
Granted, such lists are nothing new, as we have written about them on more than one occasion. But that doesn’t mean a new list is any less valid. CareerBuilder got Harris Poll to survey 2,201 hiring managers across industries, and found that 68 percent of them spend less than two minutes on a resume.
The survey also found that hiring managers prefer strong action words with clear definitions, as opposed to subjective terms and cliches. Hit the link below for more details on the survey and findings, or quickly check your resume for these key phrases:
The 15 Best and Worst Words to Use on Resumes According to Recruiters

Reimagining the future of work | Simply, improvement…


Reimagining the future of work | Simply, improvement…:

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Reimagining the future of work

I ran some workshops on Storytelling with Numbers last year with Miriam Gilbert, who is MD of Coincidencity.  She’s just sent me details of her latest venture which focuses on helping create better organisations for the 21st century.  Miriam is running a series of seminars this Autumn – booking details here.
The seminars will introduce you to the concepts in Frederic Laloux’s book, “Reinventing organisations”, an in-depth study of organisations that have thrown out the rule-book on Management thinking and have thrived in doing so.  Watch Miriam’s introductory video here

You might also be interested in this video where Dave Coplin, Chief Envisioning Officer at Microsoft, imagines what might be possible if more organisations embraced the full, empowering potential of technology and encouraged a truly open, collaborative and flexible working culture.
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How Long To Nap For The Biggest Brain Benefits | Spirit Science and Metaphysics


How Long To Nap For The Biggest Brain Benefits | Spirit Science and Metaphysics:

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How Long To Nap For The Biggest Brain Benefits

Taking a nap, we’ve seen time and again, is like rebooting your brain.  Everyone likes to get a quick nap in every now and then, but napping may be as much of an art as it is a science. The Wall Street Journal offers recommendations for planning your perfect nap, including how long to nap and when.
The sleep experts in the article say a 10-to-20-minute power nap gives you the best “bang for your buck,” but depending on what you want the nap to do for you, other durations might be ideal.  For a quick boost of alertness, experts say a 10-to-20-minute power nap is adequate for getting back to work in a pinch.
For cognitive memory processing, however, a 60-minute nap may do more good, Dr. Mednick said. Including slow-wave sleep helps with remembering facts, places and faces. The downside: some grogginess upon waking.
“If you take it longer than 30 minutes, you end up in deep sleep. Have you ever taken a nap and felt worse when you woke up? That’s what’s happening — you’re sleeping too long and you’re going into a stage of sleep that’s very difficult to get out of.” – Dr. Michael Breus
Finally, the 90-minute nap will likely involve a full cycle of sleep, which aids creativity and emotional and procedural memory, such as learning how to ride a bike. Waking up after REM sleep usually means a minimal amount of sleep inertia, Dr. Mednick said.
In fact, a study published in PubMed in 2002 found that napping even for 5-10 minutes creates a heightened sense of alertness and increased cognitive ability in comparison to no nap.  So really, you want to be taking a 10-20 minute nap for a quick recharge, or a 60-90 minute nap for a deep sleep rejuvenation.
In addition to those recommendations, one surprising suggestion is to sit slightly upright during your nap, because it will help you avoid a deep sleep. And if you find yourself dreaming during your power naps, it may be a sign you’re sleep deprived.
The Scientific Power of Naps:
Sources:

– See more at: http://www.spiritscienceandmetaphysics.com/how-long-to-nap-for-the-biggest-brain-benefits/#sthash.b0dwSYn7.dpuf

The 46-year-old sex toy Hitachi won’t talk about


The 46-year-old sex toy Hitachi won’t talk about:

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1968. It was the year of the Tet Offensive; of Martin Luther King Jr.’s and Robert Kennedy’s assassinations; of the Democratic National Convention riots. It was also the first time humans had photographed the Earth from deep space. It was a year of great innovation and devastation. American values were in upheaval and the sexual revolution was well underway, calling into question outmoded sexual stereotypes.

In the midst of all of this, an unlikely star was born.

The Hitachi Magic Wand box before and after its 2013 rebranding

The US Patent and Trademark Office lists the Hitachi Magic Wand’s first use in commerce as April 25th, 1968. In the 46 years since, this big, white hunk of plug-in plastic, which bears some resemblance to a bass drum mallet, has come to represent an awkward duality for many Americans. It’s marketed and sold as a personal massager in department stores and pharmacies, while also serving as a trusted masturbation aid.

The Magic Wand isn’t what you’d expect from a modern sex toy. In fact, it could very well be your grandmother’s vibrator. It weighs 1.2 pounds, measures 12 inches from base to tip and has a bulbous, “tennis ball-sized” head. It’s made of hard plastic, has two speeds — high (6,000 vibrations per minute) and low (5,000 vibrations per minute) — and connects to a power outlet via a 6-foot cord. It’s neither waterproof, nor water-resistant and has a tendency to overheat after 25 minutes of use. Shortcomings aside, the Magic Wand continues to outsell more technologically advanced competitors, even as the company that created it distances itself from what has become one of the most iconic sex toys in existence.

“Electric vibrators were sold as massage machines and I bought them in the small-appliance section of Macy’s,” Dodson said.

The same year the Magic Wand appeared on the market, a New York-based artist by the name Betty Dodson had her first sexually explicit one-woman exhibition at the Wickersham Gallery on Madison Avenue. According to Dodson, often attributed with single-handedly popularizing the device, the show’s opening marked her foray into sex education. Four years later, she launched a series of instructional classes called Bodysex Workshops, where she used vibrators to teach women about masturbation, and in 1974 she released her first book, Liberating Masturbation. Dodson, like so many women at the time, sought sex toys in rather conventional venues.

“Electric vibrators were sold as massage machines and I bought them in the small-appliance section of Macy’s,” Dodson said.

While Liberating Masturbation was sold alongside the Magic Wand at Eve’s Garden, a new and rather subversive sex shop that catered specifically to women, Dodson opted for the Panasonic Panabrator in her early demos. It wasn’t until 1975 that she replaced it with the Magic Wand. According to Dian Hanson, former editor of JuggsLeg Show and various other men’s magazine, and current Sexy Book Editor at Taschen publishing, Dodson turned her on to the Wand in 1977 and she’s been a devotee ever since.

“She told me to get a Hitachi Magic Wand, but to be careful of its power, both physical and psychological, as it’s an addictive agent right behind heroin,” Hanson said. “My only previous vibrator experience was a pink plastic thing that held two D-cell batteries and the Hitachi was a whole ‘nother world.”

Hanson’s reaction to the Magic Wand isn’t unique. The internet is flooded with accounts of its strength, versatility and staying power. It’s commonly referred to as the Cadillac of vibrators and has been a best-seller at progressive sex shop Good Vibrations since it opened in 1977. It’s moved from ads in the back of the liberal political rag Mother Jones in the ’80s to being the punchline on an episode of Louie earlier this year. In the meantime, it’s become a regular in the pages of women’s magazines like Cosmo, appeared as a trusty sidekick in adult films and spawned an army of unauthorized offspring. In the near 50 years since its birth, technological advances have led to massive leaps in consumer technology, but the Magic Wand has remained largely unchanged.

“She told me to get a Hitachi Magic Wand, but to be careful of its power, both physical and psychological, as it’s an addictive agent right behind heroin,” Hanson said.

That is until last summer. Hitachi ditched the old, 1980s packaging, retooled the materials for a lighter, more durable product and switched out the circuit board. To the uninitiated, it looked just like mom’s old Magic Wand, with one notable exception: The Hitachi name was nowhere to be found.

The Magic Wand occupies a special place in the history of both female sexuality and consumer electronics, but it’s neither the first device of its kind to be marketed as a personal massager, nor the first produced by a leader in the electronics industry. GE sold its own, as did Panasonic and Oster (best known for its blenders). According to Rachel P. Maines’ The Technology of Orgasm, the first electronic vibrator appeared in 1878, predating radio, television and a slew of other groundbreaking technologies. Maines describes a device, powered by a massive battery, invented by an English physician named Joseph Mortimer Granville and manufactured by Weiss, a medical instrument manufacturer.

Weiss’ motorized merrymaker was first used to treat hysteria, an antiquated medical condition thought to be cured through female orgasm. As Maines points out, by the early 1900s, there were dozens of models on the market, and their uses had expanded to include treatment for everything from arthritis and constipation to sore muscles.

The Rabbit Habit, another popular vibrator distributed by Vibratex

Since Mortimer Granville invented the first electric vibrator, they’ve successfully penetrated the mainstream with appearances in major motion pictures, popular TV shows and fashion magazines. Even Oprah Winfrey’s not afraid to speak her mind on the subject. (Apparently the big O prefers something the size of a “perfume sprayer” to outsized back massagers like the Magic Wand.) Attitudes toward sex and sex toys have changed drastically, but no other vibrator has captured the mainstream imagination like the Magic Wand, save for maybe the multi-pronged Rabbit, which had its own turn in the spotlight on an episode of Sex and the City.

With the help of mainstream media, serious discussions about masturbation have moved from the confines of women’s sexuality workshops to the national level. In 1994, then-Surgeon General Joycelyn Elders, already a controversial figure, was forced to resign after suggesting that schoolchildren be taught to masturbate to curb the spread of AIDS. We’ve come a long way since Elders’ ouster; archaic laws restricting the sale of sex toys have slowly dropped from the books and public figures like Oprah have legitimized the subject in mainstream media, but masturbation and its accoutrement are still taboo. In fact, information about the Magic Wand is hard to come by outside of personal anecdotes and the device’s official site. MagicWandOriginal.com contains a list of specs, user reviews and a vague history of the device, but zero mention of its origins.

It’s commonly referred to as the Cadillac of vibrators and has been a best-seller at progressive sex shop Good Vibrations since it opened in 1977.

It appears that silence is no mistake. We reached out to Hitachi multiple times while researching this story and received no answer. In fact, according to Eddie Romero, director of operations for Vibratex, the primary US importer of the device, Hitachi was ready to pull the plug entirely before last summer’s redesign. As he puts it, Hitachi is a “very traditional” Japanese company and didn’t want its name attached to what is essentially the most recognizable sex toy on Earth. Vibratex, not ready to lose its biggest moneymaker (it’s sold 250,000 units since last summer), convinced Hitachi to continue producing it as the Original Magic Wand.

“Evidently, Mr. Hitachi Sr. didn’t like the idea that his massage machine was giving millions of women orgasms,” Dodson said. “Tough shit! It remains my favorite vibrator to this day.”

The Most Common Ways You Waste Money (and How to Save It)


The Most Common Ways You Waste Money (and How to Save It):

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The Most Common Ways You Waste Money (and How to Save It)

The Most Common Ways You Waste Money (and How to Save It)

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All too often we focus on cutting out the little things (like a daily cappuccino), when we should really focus on our major expenses for the biggest impact. Here are seven areas we spend or waste the most money—and how to plug those leaks.1

Where We Spend the Most Money

The Most Common Ways You Waste Money (and How to Save It)EXPAND234568
The graphic above breaks down how the average US household spends their paycheck, according to the US Department of Labor. As you can see, housing, transportation, and food are the biggest costs. Because they take so much out of our paychecks, it makes sense to concentrate on reducing spending in these areas.

Housing

Where you choose to live will make a huge difference in how much you’ll pay not just for housing but also the other cost of living items. Sometimes even moving just a town or a few blocks away can be much less expensive. If you have the flexibility of moving, Sperling’s Cost of Living Calculator can help you evaluate different cities. (And if you’re moving to a new country, check out Expatistan’s Cost of Living Index, which compares typical costs across 1,560 cities, according to user-entered data.) 
Another option is to get a roommate to share the housing costs or, if you’re a homeowner, refinance to a better rate.
Utilities take up 7% percent of the total expenses. Even if you’re renting, you can still save on your energy bill with small but smart measures like using insulating curtains and using your appliances more efficiently. You can do an energy audit yourself to find the energy leaks in your home, and some utility companies offer free assessments as well.

Transportation

Transportation is the second biggest expense. Gas and motor oil account for 4.8%, while vehicle purchases (i.e., car payments) account for 6.5%. Again, if selecting where you move is an option, choose a location as close your workplace as possible. It could save you not just time, but potentially as much as $125,000 in ten years. Even better: convince your boss to let you work from home.

Also, the average household has roughly two cars. Do you really need the second car? If you can swing it, you can save thousands by getting rid it.

Food

Finally, food is the last of the three biggest expenses. We’ve shared tons of tips over the years for how to save money on groceries, including:
It takes a bit of time to learn to make good, inexpensive food and shop smarter, but the payoff can be huge.
The other part of the big food budget is eating out—something many of us enjoy or do when we’re too tired to cook. Changing your dining out habits could save the average American hundreds if not thousands a year, and it doesn’t have to be a big sacrifice either. Besides eating out less, you can save money when dining out by timing when you go out and ordering wisely.

Where We Waste the Most Money

The Most Common Ways You Waste Money (and How to Save It)
Besides looking at the major expenses above, you’ll also want to make sure you’re not throwing money away or overpaying for anything. With that in mind, here are the budget items you should pay close attention to, in addition to other financial blind spots.

Any Kind of Loan

If you can reduce or eliminate the interest on any kind of debt—whether it’s a car loan, mortgage, or credit cards—do it. Carrying credit card debt, especially if you only make the minimum payments, is a particularly terrible move that can cost you thousands in addition to lowering your credit score. If you’re carrying that kind of debt, make a debt reduction plan to dig yourself out as soon as possible. Also, boosting your credit score can improve your spending power and save tons on big purchases like a home.

Taxes

If you itemize your tax return, claim every last deduction you can. Not doing so is just handing that money over to the IRS. See the IRS’s guide to itemized deductions and Kiplinger’s list of the most overlooked tax deductions so you can plan accordingly.

Insurance

Life and other personal insurance account for only 0.6% of the average budget, but getting a lower rate is so easy to do there’s no reason not to. You can save on car insurance by taking an online driving course. Combine insurance policies to get a discount. And simply call and comparison shop each year to make sure you’re getting the best rates.

Entertainment

Finally, the average household spends about $2,700 a year on entertainment. The first thing people think to do is ditch cable television because the cost is pretty outrageous when there are free or much less expensive options. There are also tons of ways to have fun without spending a cent. See The Simple Dollar’s list of 100 such ideas.

Figure Out Where You Can Cut Back

The list above should help you find more room in your budget, since they’re the seven biggest expenses or money wasters. For even more savings and advice, check out our guide to saving money on all your monthly bills.

Of course, your own spending habits might differ from the average person, so you’ll also want to track your budget (e.g., with Mint) and see where you money really goes so you can start saving more of it.
Photo by Images_of_Money.

Four Tricks to Help You Make Any Difficult Decision


Four Tricks to Help You Make Any Difficult Decision:

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Four Tricks to Help You Make Any Difficult DecisionFour Tricks to Help You Make Any Difficult Decision

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The decision making process is never easy. No matter how many tricks you have up your sleeve, you’re bound to lose a little sleep over the big decisions. If you’re really struggling, here are a few ways to make the process a little easier on yourself as you work through all the possibilities.
Big decisions cause serious stress in your life. Buying a house, getting married, getting divorced, moving across the country, quitting your job, or just deciding what movie to see, can all drain our willpower. Thankfully, you can run through certain exercises that help you through the decision making process. I recently decided on a cross country move. These tips helped me make the choice of where and when I wanted to go.

Pretend Like You’re Advising a Friend

Four Tricks to Help You Make Any Difficult Decision
Big decisions can wreak havoc on your emotions, and that clouds your mind so that you can’t make a solid decision. The New York Times suggests that you pretend like you’re advising a friend through the decision.
The reasoning here is really simple: your short-term emotions get in the way of decisions, and that clouds your judgment. It’s hard to break free of your emotions, but it helps to know they affect your choices.
This only works in certain circumstances. Pretending to give advice to a friend about the cheapest moving truck doesn’t make sense, but advice on where to move does. This was one of the most helpful ideas for me as I tried to pick where the heck I wanted to go next. I went with an imaginary friend with a similar disposition to me and tried to think of how I’d approach a conversation with them. I pictured the type of questions I’d ask, thought about the various risks I might mention, and even came up with a few things to research about different locations.
It certainly takes a bit of mental gymnastics, but it’s worth it to at least try. You can always seek out advice from a friend as well, but this way you can do so on the fly without the need for a long phone call.

Limit the Amount of Information You Take In

Four Tricks to Help You Make Any Difficult Decision
It’s a pretty common idea that the more information you have, the better decisions you can make. However, at some point, you cross a threshold where you have too much information. It’s one of those dumb tricks our brains pull on us that’s hard to counteract.
When we have too much information, we start to fill in gaps and add weight to information that doesn’t matter. Psychology Today explains what’s going on:
The human mind hates uncertainty. Uncertainty implies volatility, randomness, and danger. When we notice information is missing, our brain raises a metaphorical red flag and says, “Pay attention. This could be important…” When data is missing, we overestimate its value. Our mind assumes that since we are expending resources locating information, it must be useful.
This information comes in all forms. It might be that you’ve done so much research about a topic that you’ve passed the point of “educated decision” and moved onto too much information. Or it might be that you’ve sought out the advice of several friends, all of whom have given you different opinions. Regardless, when you have too much information on the table, you’re making the decision process way more difficult.
In my own case, I certainly reached that point of information overload where I had too many facts and opinions in front of me. Cutting some of that out helped. Instead of talking with a bunch of friends I kept it to just a few whom I trust.
The other big realization I had with both bigger and smaller choices was that my decision was always reversible. With a lot of our decisions, we put more weight on them than they’re worth. Yes, moving across the country to a new place is a big deal, but it’s also totally reversible. If it sucks, you move again. Likewise, with most smaller decisions, setting up a two minute rule to make the choice gets it out of the way so we can move on. Most decisions we make don’t matter as much as we think they do, and recognizing that helps keep the amount of information you take in to a minimum.

Empower Your Inner Contrarian and Reverse Your Assumptions

I already mentioned the benefit of thinking outside yourself a little and pretending like you’re offering advice, but it’s also worth going even further and challenging your core assumptions. It might sound a little crazy, but you’re so prone to continue making the same kind of choices throughout your life that challenging yourself and doing the exact opposite is often the best way to get around this problem. The idea here is to confront your default behavior, stepoutside your comfort zone, and use your imagination to test some completely new ideas.
The suggestion here is simple: if you’re making a decision between a few different options, throw in a new option that is essentially the exact opposite of what you’d normally do. Now, imagine yourself as if you’d already made that choice and you’re living with that decision. For something like moving, it was about tossing in an extra couple places I had no desire to move to. Then, when I weighed my choices, I had a few options I’d never even considered. This forced my brain to challenge my assumptions about what mattered about the city I chose, what I was really looking for, and what details really mattered.
It might sound like you’re just going to confuse yourself by adding in options that don’t matter, but in certain cases—especially something like a move or even a career change—it’s about thinking outside your comfort zone in order to make a better decision. If you need some help with that mental backflip, Psychology Today suggests asking yourself a few simple questions:
  1. List all your assumptions about your subject.
  2. Reverse each assumption. What is its opposite?
  3. Ask yourself how to accomplish each reversal.
The end result is a new viewpoint you might not have considered otherwise. You still might not go with that choice, but it can help you decide what you really want in a decision.

Spreadsheet It Out

A lot of people love to make charts, and if that sounds like you, then you know a spreadsheet is one of the best ways to help make a better decision. A simple spreadsheet filled with pros, cons, qualities, rankings, and more can help give you the big picture of a decision. This helped me figure out both where to move to and the more granular details like picking a moving truck company.
The good news is that you don’t have to really geek it up with spreadsheet skills. This spreadsheet provides a template for all kinds of decisions and has a ranking system so you can easily fill in everything you want. Likewise, if it’s a shopping choice, this spreadsheet will help make your choice easier.
You can make a spreadsheet as simple or as complicated as you like. I needed a two-column pros and cons list for the move, with each city getting its own set of columns. If you want to really up your game, you can create incredibly complicated spreadsheets for all kinds of decisions. Find what works for you with the eventual goal of showing yourself a clear look at all the various facets of your decisions in one place.

Everyone’s idea of what constitutes a big decision and what doesn’t is different, but walking yourself through the above exercises is a way to get to a point where you’re more confident in your choice. For me, it was about exhausting enough options that I felt like I was educated, but not overwhelmed. It doesn’t matter how you do it, decisions tax your brain and your willpower, but hopefully you can make it a bit easier on yourself so you won’t regret too much in the end.
Photos by GeraltUrsel65Ollyy (Shutterstock), Brendon RileyEmilio Labrador,

Dane Maxwell founder of the Foundation for entrepreneurs


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