How to Improve Your Standard of Living
Your standard of living is the quality of your home, food, clothing, working conditions, possessions and so on.
Quiz: Which of these factors determines your standard of living?
If you chose the last factor, you can control the quality of your life style. You can improve your standard of living.
"Products are the basis of a standard of living. They don't appear from midair. They come from work truly done." -- L. Ron Hubbard
Everyone needs a product to produce. If you build houses, your product is a house. If you write books, your product is a book. If you cook food, your product is a meal.
If you produce a service, such as a hotel clerk, your product is happy hotel guests. If you are a doctor, your product is a healthy patient. If you give technical advice, you product is an advised client.
The work must be truly done. Employees who exaggerate or lie about their productivity do not stay on the job long. "Don't worry about it. I made those calls for you. No one was home." Businesses who lie about their products are also on the road to failure. "We'll install your new roof on Tuesday. I just need a check for $10,000 right now."
"Factually one normally has to work fast and expertly and in high volume to bring about any acceptable standard of living for himself and his group." -- L. Ron Hubbard
Working fast is important. A restaurant whose customers wait for 30 minutes before ordering makes far less money than a restaurant that takes meal orders within two minutes. An auto mechanic who can replace an engine in six hours should enjoy a better standard of living than a mechanic who needs 20 hours to do the same job.
Your expertise determines the quality of your product. If a computer program you write makes computers crash, your standard of living will crash. A horse trainer who produces a calm, friendly obedient horse earns a higher standard of living than a horse trainer whose horses bite or kick their riders.
And of course, the more you produce, the better your standard of living. An accountant who produces 300 tax returns per year has a higher standard of living than an accountant who produces 100 tax returns per year.
"At a personal level one must produce in excess of his standard of living just to retain and maintain it." -- L. Ron Hubbard
For example, you add it all up and decide you want a $1000-per-week standard of living. However, you need to earn more than $1000 per week to do this. You need to buy work clothes, pay for your gas to get to work as well as pay for child care. You also lose a chunk of your pay to taxes. So you probably need $1800 per week to enjoy a $1000-per-week standard of living.
So to earn $1800 per week, you probably need to produce $10,000 of work.
If you own a business, the extra costs are even higher. Business taxes, insurance, equipment, rent, supplies and so on means you need to produce many times more than your standard of living cost.
Five Tips for Increasing Your Standard of Living
1. Never expect an outside force to improve your standard of living for you. Increase your standard of living through personal production.
2. Identify your product. If you work for someone and are not sure what your product is, ask your boss what the most important thing you do or can get done on a weekly basis.
3. Find three ways to increase your production speed. Use your ideas until your speed has increased.
4. Find three ways to increase your production quality. Use these ideas until your quality improves.
5. Find three ways to increase the amount of production you get done per week. Use these ideas until your production volume increases.
Even though you know your pay will improve, do not borrow money to improve your standard of living. Work on your production until you have more than enough money to do so.
Once you have earned the money for your improved standard of living, go for it! Buy that new car. Move to that new house. Eat at nicer restaurants.
Enjoy your new standard of living!
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