Dealing With Stuff
  • Dealing With Stuff
  • About
  • Contact

The $1000 Project

4/5/2019

 
Picture
The $1000 Project is a new, exciting approach to earning and saving money. Canna Campbell decided to turn her finances around. Her story starts as a single mom who had experienced postpartum depression. Other people mentioned in the book have various challenges, making this strategy feel accessible.

The premise of the $1000 Project is to save money in small increments. This can help to make even huge goals seem more approachable. The wins are closer and more frequent.

This is an Australian book, so the dollar amounts are Australian dollars. I looked it up, and at time of writing, $1000 AU is about $700 US. On the one hand, that makes the $1000 Project simpler and more obtainable. On the other hand, I think it’s more exciting and motivating to keep that $1000 figure in mind!

There are also details about investing that are specific to Australia. As an American investor, I can say that the overall strategy still makes sense and that the terminology is not that different. Don’t let this single chapter hold you back from benefiting from the overall message. Looking back, I wish I had paid more attention to the investing chapters in all the personal finance books I read; if I’d started even a year sooner it would have paid off by at least $10,000 more than I have now.

The book offers dozens of ideas for earning extra money. Some are suitable for even the most entry-level young person, such as dog-walking. Others are somewhat surprising, like leading tours or teaching surfing to tourists. There are also plenty of ideas on how to save money, most of which people tend to know, though they aren’t willing to put them into practice. This is why it’s so helpful to have a goal like the $1000 Project, because mobilizing every possible strategy leads to much quicker results.

Campbell dedicates an entire chapter to reader stories. They are inspiring, motivating, and also detailed, including specific dollar amounts. Readers based their $1000 Projects around such goals as IVF, paying off credit card debt, paying for their wedding, or getting reconstructive surgery.

Campbell herself wanted to get out of debt, learn about investing, set a good example for her son, have a better career, and be able to give to charity in a significant way. The $1000 Project led her to reach all those goals, and more: It set her up as a realistic example for so many other people to reach their goals, too. You could be next!

Favorite quotes:

...I learnt never to underestimate the power of consciously taking action in small ways to make a big difference.

Start by asking yourself these questions:
     What do you love doing?
     What do you dream about?
     What would make you feel better?

Once you’ve managed to move off the debt repayment treadmill, you can turn your mind to creating more wealth and stability for yourself!

We can choose to be well prepared for obstacles, emergencies, and challenges.

I could put my hand on my heart at the end of the twelve-month period and say with authenticity and contentment that I’d given this project everything I had.

Comments are closed.
    New podcast!
    Clutter of the Day

    Author

    I've been working with chronic disorganization, squalor, and hoarding for over 20 years.  I'm also a marathon runner who was diagnosed with fibromyalgia and thyroid disease 17 years ago.

    I have a BA in History.

    I live in Southern California with my husband and our pets, an African Gray parrot and a rat terrier.

    #Questioner
    #ENTP

    This website uses marketing and tracking technologies. Opting out of this will opt you out of all cookies, except for those needed to run the website. Note that some products may not work as well without tracking cookies.

    Opt Out of Cookies

    Archives

    January 2022
    October 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015

    Categories

    All
    ADHD
    Birdwatching
    Body Image
    Book Reviews
    Books
    Cleaning
    Clutter
    COVID 19
    COVID-19
    COVID 19 Chronicles
    Fibromyalgia
    Filks
    Fitness
    Food
    Future Self
    Futurism
    Goals
    Habits
    Humor
    Languages
    Martial Arts
    Mindset
    Minimalism
    Money
    Motivation
    Movie Reviews
    Moving
    Organization
    Past Self
    Pets
    Preparedness
    Procrastination
    Public Speaking
    Quests
    Relationships
    Resolutions
    Running
    Sleep
    Technology
    The Woo Woo
    The-woowoo
    Thyroid Disease
    Timemanagement
    Time Management
    Tiny Houses
    Travel
    Weight
    Work
    Writing

    RSS Feed

Proudly powered by Weebly
  • Dealing With Stuff
  • About
  • Contact