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Speaker 1: Welcome to Before Breakfast, a production of I Heart Radio.

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Speaker 1: Good Morning, This is Laura. Welcome to the Before Breakfast podcast.

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Speaker 1: Today's tip is about how to motivate yourself to invest

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Speaker 1: time in tedious tasks that will save you money. Pay

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Speaker 1: yourself a commission, a little fun money can make the

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Speaker 1: whole experience more pleasant. Long time listeners may recall that

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Speaker 1: several months ago I was dreading organizing and tallying my

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Speaker 1: business expenses for my income taxes. Then I realized that

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Speaker 1: I didn't actually have to do it. I could pay

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Speaker 1: income taxes based on my gross income without deducting anything.

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Speaker 1: From that perspective, any expenses I documented would reduce my

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Speaker 1: taxable income and thus my tax spill. Now that sounded attractive.

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Speaker 1: A few hours of tedious clerical work would save me

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Speaker 1: literally thousands of dollars. That was an amazing hourly rate,

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Speaker 1: and I was in. By reframing the annoying task as optional,

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Speaker 1: but as something that would earn me a lot of money,

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Speaker 1: I made the task more attractive. That mindset can help,

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Speaker 1: but it's not the only way to motivate yourself to

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Speaker 1: do something not fun that will save you money over

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Speaker 1: the long term. You can also pay yourself a commission

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Speaker 1: from your savings and do something fun with that. I

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Speaker 1: am guessing that you, like many of us, may have

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Speaker 1: several unappealing money saving tasks on your mind or to

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Speaker 1: do list right now. Canceling the streaming service you no

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Speaker 1: longer use, getting on a cheaper internet plan now that

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Speaker 1: your discounted introductory rate has expired, finding a bet our

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Speaker 1: car insurance rate. For most people, tasks like these are

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Speaker 1: annoying at best and arduous or stressful at worst. We

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Speaker 1: know we probably should do them, but we really don't

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Speaker 1: want to. One way to make them more attractive is

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Speaker 1: to give yourself a commission from the savings. Perhaps one

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Speaker 1: month of what you'll save on an annual expense go

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Speaker 1: straight into your pocket to spend however you want. Save

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Speaker 1: six dollars per year on your combined insurance fifty is

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Speaker 1: just for you. Save fifteen dollars per month on a

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Speaker 1: streaming service. Take the first month's savings and buy yourself

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Speaker 1: a book. Paying two d less per month on interest

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Speaker 1: on your mortgage thanks to your refinancing, Enjoy two massages

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Speaker 1: on the house. When you give yourself a commission, you

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Speaker 1: harvest most of the savings well, paying yourself a bit

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Speaker 1: to make the work feel worth your while. If finding

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Speaker 1: savings on recurring expenses sounds promising to you, you could

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Speaker 1: even set aside a weekday morning once a year or

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Speaker 1: so for blitzing through lots of these money saving tasks.

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Speaker 1: Consider reviewing all your recurring household expenses, car insurance, cell phones,

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Speaker 1: gym memberships, newspaper subscriptions, and so forth, and identify any

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Speaker 1: opportunities for savings. Anything you could cancel, anything you can

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Speaker 1: seek better rates on. Claim most of the savings for

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Speaker 1: your household budget, but give yourself a commission to make

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Speaker 1: the process feel more like a want to do and

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Speaker 1: less like a have to do. You'll end up spending

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Speaker 1: less each month, while also getting back some free money

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Speaker 1: to have fun with. So pay yourself that commission. You

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Speaker 1: will still come out ahead in the meantime. This is Laura.

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Speaker 1: Thanks for listening, and here's to making the most of

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Speaker 1: our attack. Hey everybody, I'd love to hear from you.

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Speaker 1: You can send me your tips, your questions, or anything else.

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Speaker 1: Just connect with me on Twitter, Facebook, and Instagram at

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Speaker 1: before Breakfast pod that's b E the number four, then

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Speaker 1: Breakfast p O D. You can also shoot me an

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Speaker 1: email at Before Breakfast podcast at i heeart media dot

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Speaker 1: com that Before Breakfast is spelled out with all the letters.

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Speaker 1: Thanks so much. I look forward to staying in touch.

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Speaker 1: Before Breakfast is a production of I Heart Radio. For

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Speaker 1: more podcasts from my heart Radio, visit the i heart

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Speaker 1: Radio app, Apple Podcasts, or wherever you listen to your

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Speaker 1: favorite shows. H