Tidying Up with Robert Baharian

I’m so excited, because I love…mess!

That’s Marie Konda from the latest Netflix series, Tidying Up with Marie Kondo. In a series of inspiring home makeovers, world-renowned tidying expert Marie Kondo helps clients clear out the clutter – and choose joy.

For some reason, we have so much stuff…

Kondo has designed the KonMari Method – a unique Japanese method whereby she organises by category rather than location, and tidies five categories in a specific order:

  1. Clothing
  2. Books
  3. Paper
  4. Komono (kitchen, bathroom, garage, miscellaneous)
  5. Sentimental items

We feel stressed at home, because of the clutter.

Kondo and I have one thing in common. We both love mess! Well, Kondo loves messy homes and I love messy financial lives.

It’s kinda hard to let it go, because I really like this one…(crying)

Inspired by Kondo, I’ve designed the RobBahari Method – a unique Armenian method of organizing your wealth by category rather than investment, which I’ve broken down into five specific categories:

1. Security

This is the no to low risk stuff – from cash, term deposits, to government and corporate bonds. This bucket provides you with certainty in your life, and it’s the bucket you should keep the part of your wealth you cannot afford to lose.

2. Growth

This is the engine room of your financial wealth. And one that you need to take a long-term view on. Anything less than 10 years and you’re speculating – simple. This bucket includes your share portfolio, real estate, land, collectibles, etc.

3. Cashflow

This is the bucket that helps you live your life – clearly a very important bucket. This bucket may include items from the Security and Growth bucket too. Primarily this bucket includes your salary, shareholder drawings/business income, property developments, business ventures, etc.

4. Lifestyle

Life is about more than just money, and this buckets includes just that. Your family home, the beach house, the sports car, that nice piece of jewellery.

But hey, just because it’s lifestyle, it doesn’t mean it can’t be an investment either.

5. Contribution

They say the secret to living is giving. It’s taken me a little while, but I’m a big believer in that. The more you give to others, the happier you’ll be, and the more you have, the more you can give.

My beautiful wife has taught me that having a scarcity mentality of money is what will prevent you from being wealthy. If you don’t give away money when you have $100, then you won’t give it away when you have $1m. And it’s not just about giving away your money – that’s easy. It’s more about your time, your efforts, your ideas, your advice, your attention, your love, and your presence.

Far too many individuals and families go by each day without a strategy, without a game plan. In fact, far too many individuals and families are not clear on their goals and priorities. I ask you to challenge yourself…

  1. What are you working towards and why?
  2. What does money mean to you and why?
  3. What does wealthy mean to you and why?

I’ll leave you with this quote from Marie Kondo:

Keep only things that speak to your heart.