Bonus Bits – Week of 03/07/22

Good morning! Here are this week’s bonus tips and nuggets from around the community. To get these every day in your inbox, sign up to our daily newsletter where you’ll see these faster, as well as our top 3 curated articles every day!

👉 The 20/20 Decluttering Rule

I borrowed this tip from Joshua and Ryan of The Minimalists and it is a good one to help you let go of those “just in case” items. Ask yourself, “If I ever needed this item in the future, how hard would it be to replace it?” If you can replace it for less than $20 in less than 20 minutes, donate it. You would be surprised how many things you can replace following this rule! (Note: kids, pets, and spouses are generally not replaceable with the 20/20 Rule… ;))


👉 New book coming out soon: “Simple Money, Rich Life” by Bob Lotich

Join me (and my fun-loving wife Linda) on a journey to true financial freedom as we share our best tactics and strategies, inspirational stories, Biblical wisdom, and some laughs. All without a hint of guilt or shame. 😅

This is just a small sample of what we cover…

  • How to create a money system to spend less time and get better results 
  • The one-category budget: get 80% of the results with 20% of the work
  • How to earn significantly more (without getting a side hustle) 
  • How to automate your way to financial success in less than 10 minutes 
  • The secrets of a six-figure giver 
  • How to save $100s each month while still buying what you love 
  • And much more!

It’s time for a book that helps you achieve financial freedom the right way and for the right reasons. See you on the inside!!

Learn more/pre-order:


👉 TIP: Create a “Death Binder”

A Death Binder is the financial information needed in case of your untimely demise. It contains things like a list of bank accounts and their account numbers, which a spouse, partner, or the trustee of an estate will need to wind down your financial affairs. While not a replacement for a will or a trust, it works parallel to them. It provides a one-stop-shop of practical financial information that the survivors will need in the near-to-mid-term to do things like claim life insurance benefits or change ownership of a bank account.

👉 Beware of life weeds

What are life weeds? They are all of the unwanted things that creep in and take root. They compete with the things that matter, consuming time, energy, money, space, freedom, purpose.

Some weeds look a lot like plants. They might be good things, but if they are choking the life out of the things that matter most, then they are weeds.  That upgraded gadget, that fancier vehicle, that extra activity – they can steal your vitality, the same way a weed grows along with a plant and steals the space, light, and water that would otherwise go to that plant. 

If you want your plants to thrive, you have to pull the weeds.

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