Friday, May 20, 2011

Small changes = BIG results

Often when people think about money, be it making it or saving it, they get overwhelmed thinking about any changes they might need to make. They think you need to make big changes for it to have any sort of effect, but that is not completely true. Big changes show a bigger immediate effect, but small changes are just as important.

I recently heard this quote from Dave Ramsey and loved it.

"Because money is such a major player in our lives, changing your family financial direction is a big process. It's rather like watching an ocean liner turn. You sit there on the beach, and the ship is sailing along and all of a sudden you realise that it's no longer running parallel to the beach, it's pointed away from it- but the turn was SO SLOW you never saw when the turn actually began.

But if you're on an ocean liner and you turn right then turn left then turn right then turn left the ocean liner will NEVER really change direction - because to change the direction of an ocean liner requires CONSTANT, UNRELENTING, DETERMINED, NON STOP change. The rudder must be HELD in one direction for a LONG time to make a change.


You are never - EVER going to see real change in your life until you make yourself stay going in one direction and ONE direction only.

You and only you have got to grab hold of the wheel and hold that rudder firmly to starboard if you want to start turning in the RIGHT direction. Until you force consistency upon yourself, you will see no progress- and you will not be able to maintain enthusiasm."

It is so true. Consistency is key. Something that is small, if done unrelentingly can have a big difference. For example saving even $2 a week on your groceries is $104 a year! One small change at the grocery store, such as buying a cheaper brand or buying something in bulk can make a big difference.

What are some small changes you could make?
  • Round down your account to the nearest dollar. Whenever you check your account if there is say $37.85 in there, transfer that 85cents to a debt or savings. You could go one step further and round down to the nearest $5 or $0 so $35 or $30 instead resulting in an extra $2.85 or $7.85 off your debt.
  • Switch off things when they are not being used. Instead of leaving your phone or laptop charger plugged in all the time, turn it off. Many thing left on stand by are still using 10 – 15% electricity. You can reduce your bill by a few small changes.
  • Have a weekly no spend day. Aim to spend nothing all day.
  • Have a weekly meatless day. Instead of meat make one of the thousands of yummy vegetarian dishes available.
  • Make take away at home. By this I mean instead of paying $20 for fish and chips at the take away if you keep a box of frozen fish and a packet of frozen chips in the freezer you can cook a quick meal for half the price of take away.
  • Have a DVD night instead of going out to the movies. You can borrow DVD’s from the library or even from friends. Pop some popcorn and have a night in.
  • Walk somewhere instead of driving. Saving on petrol here and there adds up.

These are just a few simple ideas you can do to change little habits and save money long term. What are you doing?


  1. All great's the small consistant changes that really move you forward :)

  2. Small and simple ideas! Some people try to do the 'weekday vegetarian' and then eat meat on weekends (we eat a vegetarian meal a couple of times a week). I like the 'no spend' day idea. Will have to incorporate it into our week.


Note: Only a member of this blog may post a comment.