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Category: Entrepreneurship

February 21, 2013Written By Paula Pant

You Can’t Work 168 Hours a Week

A cornerstone of the Afford Anything philosophy is that every choice you make is a trade-off, and that applies equally to your time and your money.

So what do you do about outsourcing? On one hand, the more you outsource, the more you trade money for the most valuable possession on earth: […]

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January 23, 2013Written By Paula Pant

Know Your Buyers: My $2,700 Mistake

One of my rentals is back on the market. Last time, it took me three months to find a tenant. That’s because I made a crucial error which cost me $2,700 in lost revenue.

You see, if I needed to rent a home, I’d check Craigslist. It’s the only place I’d […]

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November 27, 2012Written By Paula Pant

Why I Buy a Daily Latte

Yes, it’s true. “Don’t buy lattes” may be a personal finance cliché, but I literally buy a Starbucks coffee every day. I pay $1.78 for a tall (which is Starbucksian for “small,”) plus 54 cents for a refill. Daily damage: $2.32.

That’s $71.92 per month, if I go daily (which I […]

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September 12, 2012Written By Paula Pant

Why Delegating is the Best Way to Get a Life

Two weeks ago I went camping in the desert, without a phone signal or Internet connection.

During the 10 days when I was “unplugged,” a handful of urgent issues formed. A nasty virus infected Afford Anything, triggering “malware” alerts every time a reader tried to visit. Google de-listed me from its […]

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June 13, 2012Written By Paula Pant

Myth: Winners Never Quit. Fact: Winners Quit Constantly …

Myth: Winners never quit and quitters never win.

Fact: Winners quit ruthlessly.

We’ve all heard the cliché, “winners never quit.” Like most clichés, that’s an oversimplified myth. The truth is much more nuanced.

Winners quit constantly. They quit frequently. They quit decisively and without regret.

They make a rigorous assessment of the […]

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May 9, 2012Written By Paula Pant

Are You Letting Invisible Scripts Rule Your Life?

Ever met a “should” – er? A person bound by invisible scripts who wants you to conform to their world view?

People seem to crawl out of the woodwork with opinions about how you should spend your money and manage your career.

“Now is the best time to buy a house!” […]

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April 30, 2012Written By Paula Pant

Make a Profit AFTER Paying Yourself

The biggest mistake I’ve made as an entrepreneur? Confusing my role as an investor with my role as the general manager.

As an investor, my role is to infuse money into a project or a company. Then I kick back and wait for the returns.

As the general manager, my role is […]

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March 28, 2012Written By Paula Pant

Raw Truth: Making Money Ain’t Glamourous

The other day I saw this great graphic comparing How People Think Professional Photographers Spend Their Time vs. How They Actually Spend Their Time:

 

(Click “display images” if you’re reading this by email.)

People who work in “glamourous” industries often face these misconceptions.

“Oh, you’re a journalist! You can jet off […]

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March 26, 2012Written By Paula Pant

There’s No Such Thing As Paid Vacation. (But There’s Something Even Better!)

Today is my first day back at work after a one-week “unpaid” vacation. I’ll earn less this month than I did in the previous few months, since I only worked three-fourths of the time.

This is because I trade my time for money. I have a huge limitation on how much I […]

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February 22, 2012Written By Paula Pant

So Much Happens in a Year …

Today, Afford Anything turns one year old.

Exactly a year ago today I wrote my first post on this website, and geez, it was a terrible post. I’m too embarrassed to link to it.

I had no clue what I was doing when I started this site. I didn’t know HTML coding. I didn’t know […]

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Afford Anything®

  • Start Here
    • About
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    • Binge
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    • Your First Rental Property
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