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Don’t make money your first goal

Don’t make money your first goal

Written by R. A. Stewart

To live a purposeful life one has to do something meaningful and that usually involves some kind of activity which does not involve getting paid or which costs you money.

Of course your first responsibility is your commitments. Take care of those but also spend some time doing whatever you enjoy doing, then you will have something to look forward to when you get home from work.

This is particularly so if you are in a job you hate.

It is soul-destroying when all you have to look forward to is your paycheck every week or month, and once that is gone you go through the same process over and over again.

There are some ways of getting out of a rut and one of these is to up skill but even that does not work for some people. I have known people to take courses in various subjects in order to improve their chances of getting a higher paying job and they still never seem to rise above working in a job which pays the minimum wage.

Paying for higher education with a student loan can pay off but if you are going to take this route then you had better make sure it is something you want to do otherwise it will be a waste of time and money. The key thing is to know how you are going to use this education. It will be a good idea to make a list of the jobs which you are available with the qualifications you are seeking to acquire.

It is important to do things for the right reasons and not try to fit in with what others are doing.

I have known people who have gone into study simply because others are doing or to impress others because they appear smart. Usually there is no thought of what they are going to do with their newly acquired skills, that is, if they have passed their exams.

Getting a higher paying job may not be all that it is cracked up to be if you weigh up all of the pros and cons. There are some things to consider.

  1. Will the increased income move you up to a higher tax bracket?
  2. Will you be spending less time with your family?
  3. Will you have more responsibility?
  4. Will you have to do more travelling as part of the job?

The bottom line is the extra stress which goes with the position may not be worth it and you may not be all that much better off financially anyway.

Life has to be lived in a balanced way in order for it to be meaningful. The bills have to be paid, but if you are able to turn a hobby into an income stream then you are living the dream. An ambition has to involve more than just earning money to buy stuff. Experiences with others cannot be purchased with money. Our family’s tradition was our Sunday afternoon game of cricket and it all began with just a cricket bat. We used boxes for wickets to start with then we cut up some saplings to use for wickets.

It just goes to show that you don’t need much money to create lifelong memories.

About this article

This article is of the opinion and experience of the writer and may not be applicable to your personal circumstances, therefore discretion is advised. You may use this article as content for your blog/website or ebook. 

Read my other articles on www.robertastewart.com

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How to Save Money on an Overseas Holiday

Traveling overseas is an exciting experience, but it can also be expensive. Between flights, accommodation, food, and activities, costs can add up quickly. However, with careful planning and smart strategies, you can enjoy an amazing trip without breaking the bank. Here’s how to save money on your next overseas holiday.

1. Travel During the Off-Season

One of the easiest ways to save money is by avoiding peak travel times. Flights and hotels are significantly cheaper during the off-season, and you’ll also encounter fewer crowds. Research the best time to visit your destination—often, the shoulder seasons (just before or after peak times) offer good weather at lower prices.

2. Book Flights Early and Be Flexible

Airfare is usually one of the biggest expenses. To save:

  • Book in advance (3-6 months before your trip for the best deals).
  • Use flight comparison tools like Skyscanner, Google Flights, or Kayak.
  • Be flexible with dates—flying mid-week is often cheaper than weekends.
  • Consider budget airlines, but check baggage fees to avoid hidden costs.

3. Choose Affordable Accommodation

Instead of expensive hotels, consider:

  • Hostels (many offer private rooms if you prefer privacy).
  • Airbnb or vacation rentals (great for groups or longer stays).
  • Guesthouses or homestays (often cheaper and more authentic).
  • Loyalty programs (if you frequently travel, hotel points can lead to free stays).

4. Use Public Transportation

Taxis and ride-sharing services can drain your budget quickly. Instead:

  • Take trains, buses, or metros—many cities offer tourist passes for unlimited travel.
  • Walk or bike—it’s free and a great way to explore.
  • Consider overnight trains or buses to save on accommodation while traveling.

5. Eat Like a Local

Dining in tourist areas is often overpriced. To cut costs:

  • Eat at local markets or street food stalls (authentic and budget-friendly).
  • Avoid restaurants near major attractions—walk a few blocks for better prices.
  • Book accommodation with a kitchen to prepare simple meals.
  • Look for lunch specials—many restaurants offer cheaper midday menus.

6. Find Free or Low-Cost Activities

You don’t need to spend a fortune to have fun. Try:

  • Free walking tours (tip-based, so you pay what you can).
  • Museums with free entry days (many offer discounted or free hours).
  • Parks, beaches, and hiking trails (nature is often free!).
  • Student or senior discounts (always carry ID if you qualify).

7. Avoid Unnecessary Fees

Bank fees and poor exchange rates can eat into your budget. To avoid them:

  • Use a no-foreign-transaction-fee credit card (check with your bank).
  • Withdraw cash wisely—use ATMs affiliated with major banks to avoid high fees.
  • Avoid currency exchange kiosks at airports (they have terrible rates).

8. Pack Smart to Avoid Extra Costs

Packing efficiently can save you money:

  • Bring reusable items (water bottle, shopping bag) to avoid buying them.
  • Pack essentials like sunscreen and medications—they’re often pricier abroad.
  • Check baggage allowances to avoid overweight fees.

9. Use Travel Rewards and Discounts

  • Sign up for airline and hotel loyalty programs.
  • Use credit card points for flights or upgrades.
  • Check for discounts (student, military, or senior rates).

10. Plan and Budget Ahead

Create a daily spending plan and track expenses with a travel app. Knowing where your money goes helps prevent overspending.

Final Thoughts

An overseas holiday doesn’t have to be expensive. By traveling off-season, booking smart, eating locally, and taking advantage of free activities, you can enjoy an incredible trip without draining your savings. With these tips, you’ll be able to explore the world affordably and make unforgettable memories.

Happy travels! 🌍✈️

Taking the local bus or train?

Many places only accept non contact payment; that is where you tap your card. I used the wise travel card for this when I travelled to Scotland. Any debit card will do the job but the benefit of wise card is that you can load it with different currencies. Sign up for wise below by clicking on the link below and I will receive $130. (disclaimer)

The Benefits of Having a Travel Card

A dedicated travel card makes trips smoother and more secure. Unlike regular debit cards, travel cards often offer competitive exchange rates, low foreign transaction fees, and multi-currency support—saving you money on conversions.

If lost or stolen, travel cards can be frozen instantly via an app, protecting your funds without affecting your main bank account. Many also provide emergency cash replacement and 24/7 support.

Preloaded with a set budget, travel cards help control spending and avoid overspending. Some even offer rewards or insurance perks. For worry-free travel, a travel card is a smart financial companion.

Join Wise Here

https://wise.com/invite/dic/roberts10486

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Prioritizing your spending

The Waiho Bridge near Franz Josef Glacier, New Zealand.

Prioritizing your spending

Written by R. A. Stewart

Life is all about making priorities and it is not all about money and how you prioritize your spending but about what you do with your time. We have different financial commitments and different levels of income but when it comes to time, we all have an allotted 24 hours in the day, no more and no less but our income and how we earn our income will have an effect on how much time we have to devote to the important things in our life.

Many people sacrifice their time for money by spending all of their time working leaving little time for anything else. They are out of balance.

If you have a specific goal in mind such as saving for a house deposit then the sacrifices may be worth it in the long term. Maybe because only you will know whether the long days were truly worth it. It all depends on what your priorities are.

What factors should you consider when setting priorities?

Here are several to consider:

Your commitments

If you have children then you obviously have different priorities than someone without children. It is their future as well as your own which you need to factor into your plans.

Your debt levels

Paying off your debt needs to be your number one priority because unless that debt is paid, you have no discretionary spending money.

Your age

This is an important factor. If you are in your sixties then you are not likely to set goals with a 30 year timeline. The young ones have time on their side and speaking from an investment perspective can use time to increase their wealth.

Your health

Your health is an important factor. If a health issue has cropped up then your number one priority has to be to manage it and make the most of your life.

Your career

Your career will influence your priorities. Some couples delay parenthood, instead, preferring to ensure that they are on a good financial footing before they have kids. This is the sensible thing to do. 

Your pets

Any pets you have will mean that you just cannot forget about them and forget about them. You are responsible for their care and well being.

It is certainly a good idea to think twice before taking on new pets because they could be a hindrance to you as far as finding a new job. 

If you are fortunate or smart enough not to have any commitments whatsoever then you will find it easier to gain employment in a new town or province. Most of the commitments listed are choices you make and the consequences of those choices are commitments.

There is a cost to these choices and it is the wise thing to do to take this into account when making decisions.

About this article: You may use this article as content for your blog/website or ebook. The contents of this article are of the writer’s own opinion and may not be applicable to your own circumstances.

www.robertastewart.com

Below: Lake Mapouriki 2 miles south of Franz Josef GLacier New Zealand

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10 Practical Ways to Reduce Home Heating Costs and Save Money

10 Practical Ways to Reduce Home Heating Costs and Save Money

As the chill of winter approaches, homeowners often find themselves dreading the spike in their heating bills. However, with some thoughtful planning and simple adjustments, it is possible to keep your home cozy and warm without breaking the bank. By adopting energy-efficient practices, you can significantly reduce your home heating costs. Here are ten practical ways to achieve just that:

  • 1. Seal Air Leaks: Start by identifying and sealing any drafts around doors, windows, and other openings. Use weather stripping and caulk to seal gaps and cracks, preventing warm air from escaping and cold air from entering your home. Proper insulation is a key component in maintaining a comfortable indoor temperature while saving on heating expenses.
  • 2. Upgrade to Programmable Thermostats: Programmable thermostats allow you to set different temperatures for various times of the day. By lowering the temperature when you are away or sleeping, you can conserve energy without sacrificing comfort. Some advanced models can even learn your preferences and adjust settings accordingly.
  • 3. Embrace Layered Clothing: Instead of cranking up the heat, opt for layered clothing and cozy blankets to stay warm. Dressing appropriately for the season indoors will enable you to keep the thermostat at a lower setting, ultimately saving on heating costs.
  • 4. Utilize Curtains and Drapes: Open curtains during the day to let sunlight in, providing natural warmth to your home. Close them at night to retain the heat. For added insulation, consider using thermal curtains or drapes to reduce heat loss through windows.
  • 5. Maintain Your Heating System: Regular maintenance of your heating system is crucial for its efficiency. Schedule annual inspections to clean filters, check ducts, and ensure that everything is functioning optimally. A well-maintained system will use less energy to heat your home effectively.
  • 6. Use Space Heaters Wisely: If you spend most of your time in one area of your home, consider using a space heater instead of heating the whole house. Space heaters are more energy-efficient for targeted heating, but remember to turn them off when leaving the room.
  • 7. Insulate Your Attic: A significant amount of heat can escape through the roof. Adding insulation to your attic can prevent this heat loss and reduce the strain on your heating system. It’s a one-time investment that can lead to long-term savings.
  • 8. Consider Zone Heating: If your home has different temperature needs in various rooms, consider implementing zone heating. This involves using separate thermostats to control the temperature in specific areas, allowing you to reduce heat in unused rooms.
  • 9. Strategic Furniture Placement: Be mindful of furniture placement in your home. Avoid blocking heating vents or radiators with large pieces of furniture, as this obstructs the flow of warm air and forces your heating system to work harder.
  • 10. Upgrade to Energy-Efficient Windows and Doors: If you’re willing to make a larger investment, consider upgrading to energy-efficient windows and doors. These are designed to reduce heat transfer, keeping the warm air in and the cold air out, resulting in lower heating costs over time.

In conclusion, reducing home heating costs doesn’t have to be complicated or expensive. With a few practical adjustments and mindful practices, you can make your home more energy-efficient, ensuring both comfort and savings during the colder months. Taking steps to seal air leaks, upgrading to programmable thermostats, and embracing layered clothing are simple yet effective ways to minimize heating expenses. Additionally, maintaining your heating system, using curtains and drapes strategically, and utilizing space heaters wisely can further contribute to significant savings.

For more substantial long-term benefits, consider insulating your attic, adopting zone heating, and upgrading to energy-efficient windows and doors. By incorporating these tips into your daily routine and home improvement plans, you can enjoy a warm, cozy home while keeping your heating costs under control.

Power saving tip

If you have a freezer then make sure it is full or near full because a freezer with lots of space in it will use up more power. Filling up soft drink bottles with water and placing them into the empty space will save power.

www.robertastewart.com

 

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Financial know how

Readers are leaders.

INTRODUCTION

There is no excuse for financial ignorance when there is so much finance information available on the internet and in printed form. Becoming familiar with the various forms of investments will hold you in good stead for the future.

How to gain financial literacy

Your financial literacy is your ability to make financially smart decisions. You were not born financially smart or dumb; your financial knowledge or ignorance was developed over a period of time. I assume that you are not ignorant otherwise you would not be reading this. So without further ado, here are some ways of gaining financial literacy.

Your own experience

There is no better teacher than your own experience but that does not mean you have to go ahead and make all of the mistakes it is possible to make. It is more a case of using your personal judgment based on your knowledge and the advice of others but you will make mistakes along the way; it is a part of the learning process. It is a matter of who to take advice from and whose advice to treat with a grain of salt. 

An excellent way of gaining financial literacy is to register with one or more of the share market online platforms where you are able to buy and sell shares online. Only a minimal amount of money is needed to get involved. In New Zealand sharesies.nz is one such platform but is by no means the only one around. Other countries have similar such share trading platforms available.

Experience of others

The easy was to learn is from the mistakes of others. All you need to do is to keep your eyes open; many people do not do this and instead follow others like sheep. This is not necessarily the best way. In fact history has taught me that following the crowd is often the wrong way. A classic example is the share market when a stock is valued well above it’s true worth because so many people have jumped on the bandwagon and bought shares in that particular company because everyone else is doing it. It is young people without experience in the markets who are prone to this mistake.

It pays to go against the crowd; what this means is that you look for bargains in the markets whether it is gold, shares, property, and so forth. You do not have to experience what others are experiencing if you have the ability to assess what is a good investment and what is not.

Be prepared to listen to what the older generation have to say. Many of their opinions will be based on their own experience.

Books

Ignorance is no excuse as far as not being financially educated because your local library will stock books on finance. There are some terrific books on finance, some I recommend are, “Rich Dad Poor Dad,” by Robert T. Kiyosaki with Sharon L. Lechter. They have several other books which are recommended reading. “How to Be Rich & Happy” by Hans Jakobi, Australia’s wealth coach is another book I recommend. Hans also has several other books published, “Underground Knowledge” and “Due Diligence,” are two of them. “Making money made simple” written by Australian financial advisor Noel Whittaker is a good read. Frances Cook, Mary Holm and Martin Hawes are other excellent financial authors.

The internet

There is a lot of information available online on finance and investing; a simple google search will bring these up but like listening to your mates you have to use your own judgement when assessing the information from some sites and how it relates to your own personal situation. Martin Hawes and Mary Holm are both reputable advisors with good websites.

Newspapers

Most newspapers carry financial information and these are worth reading. Cut out articles that interest you; they make good reading in a year or so. 

www.robertastewart.com

ABOUT THIS ARTICLE

Feel free to share this article or post it on your site. You also have permission to use it as content for your ebook. My blog www.robertastewart.com has down to earth information about everyday finances. 

The information in this article may not be applicable to your personal circumstances so discretion is advised. I may receive a modest sign up bonus if you decide to join sharesies.nz

Start investing on a shoestring

Sharesies makes it possible for anyone to get into buying and selling shares. It is an online share market platform where you have the option of purchasing shares in individual companies or in various funds (managed/mutual funds). You can even start with $5. This is a no brainer because it gives investors young and not so young the chance to improve their financial literacy. There is certainly no substitute for experience when it comes to learning and this is applicable to everything else, not just investing.

Join sharesies here: https://sharesies.nz/r/377DFM