In recent polls,a third of Americanssay they worry about money.
So what can you do to improve it?
Apply Kaizen principles to your personal finances.
TheKaizen Institute saysKaizen is the practice of continuous improvement.
Heres how…
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1.
Commit to those actions by scheduling them.
A weekly review might be even more useful.
It isnt so difficult when you apply the next Kaizen principle…
2.
This doesnt mean you have to excludebigchanges.
However, there are advantages to small steps.
It definitely helps psychologically.
But I also dont develop 20 new income sources each year.
Instead, I keep taking small steps to add to whats already working.
Thats the Kaizen way.
Small changes are also easier to correct.
For example, quitting a job is a big change thatcouldbe a difficult mistake to undo.
So how powerful can small changes be?
Six small changes could result in half a million dollars extra for your retirement!
Thats the power of Kaizen.
OK, its technically seven changes; you also have to open that mutual fund account.
Keep that in mind as you analyze your changes and modify your approach.
The regular processes by which you make, spend or invest money matter a lot more.
Thats how you get big results.
Again, dont get intimidated by those big goals.
Remember, Kaizen is all aboutincrementalchanges.
Make a small change today, another next week and so on.
it’s possible for you to apply Kaizen in this way to any area of your finances.
If you found a fewways to reduce your utility bills, add a few more.
Make a small change, monitor the results and change course as necessary.
Thenrepeat this simple process again and again.
Thats the Kaizen way to improve your financial life.
Steve Gillman is the author of 101 Weird Ways to Make Money and creator of EveryWayToMakeMoney.com.
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