Let’s Make A Debt Free Holiday Deal… Only 18 days left until Christmas!

Don’t act all surprised!  You knew it was coming.  It comes on the same day on the calendar every year.  And every year you act like it just popped up out of nowhere 🙂  It didn’t, but it just feels that way.

So lets make a deal to have a debt free and stress free Christmas.  Money worries so many times can suck the joy right out of the holiday if you allow it to.  Why? Because you feel obligated to purchase gifts for others?  You feel committed to buying your kids the latest high tech expensive items just because they asked for them?  You feel that giving of your time and yourself is not enough to celebrate the holidays?  Well let’s get it straight now and every year going forward.

Christmas is not about crowded shopping malls and mountains of gift wrapped surprises.  Christmas is about Christ and His love for us.  It’s His birthday and the most important gift given on this day should be gratitude and thanks and praise to Him for the sacrifice of His life for us.

Give love.  Give peace.  Give hugs.  Give kindness.  Give forgiveness.  Give thanks.

Commit to a stress free, love filled holiday.  Give only gifts that you can afford.  No more debt.

Isaiah 9:6 For to us a child is born, to us a son is given; and the government shall be upon his shoulder, and his name shall be called Wonderful Counselor, Mighty God, Everlasting Father, Prince of Peace.

Currency implies flow

Another word for money is currency.  Currency implies flow.  Your money has to flow like a river where there is a constant source of inflow and a constant source of outflow.  If your money experiences only an influx and no positive output (i.e. places to bless others, planting of financial seeds and gifting in the lives of others) then your financial situation becomes like a stinking, stagnant swamp.  What used to be green and vibrant, becomes infested and putrid.  If you fail to bless others, then there is no beauty in creating new life and new possibilities in the lives of others.  Your financial blessings are designed to be a blessing not just for you but for those fortunate enough to be connected to you.  You are blessed to be a blessing.

Focus on getting in the flow of currency.  If God can get money through you – He will certainly get money to you.

But if you only see purpose in getting all you can, and canning all you get – then who else would be blessed by that?

Malachi 3:10 shows that the blessing of the Lord should be demonstrated in overflow

 

Take One Small Step Today

They say that the definition of insanity is doing the same thing over and over again and expecting a different outcome.  You know there’s truth to it, and you and your friends can look back and laugh when you make the same choices and act surprised when you fail to get better results.  Ladies, have you looked back in your past and realized that you somehow managed to date the same “loser” type guy that was no good for you, but you just didn’t get it until some one pointed out what your last three ex boyfriends all had in common?

Ok, so lets break the pattern with our money and do something different today.  Let’s take one new step towards improving our financial life.  Take action and do something that you have been putting off until things got better, or you came across some “extra cash”.  What’s it going to be?  Here are a few ideas to start the ball rolling…

– Start automatic deductions to invest in your retirement plan through work

– Increase the amount that you are already contributing to your retirement plan at work

– Call and schedule an appointment to meet with a financial advisor or planner to review your situation

– Set up an automatic savings plan and divert 5% of your pay to a savings account to build your rainy day fund

– Cut up your credit cards

– Write out your budget for the coming month

Pick one of the above, or one of your own – and just do it!  Take action towards building your financial fortress.  Tomorrow can only get better if you stop and make improved choices and take action today.

Prosper!

 

Make a plan for your money at beginning of month

Honor the divine source of your financial blessings by making a plan for where it will go in advance.

Check out iwbnin.com for great tools designed by Joe Sangl. Start today using the concept of Income – Outgo = Exactly Zero (™). It works at every income level to foster profitability and good stewardship!

It is possible for you to win with money. Start today and see things change!

Financial Freedom is Intentional not Accidental

Intentional – an adjective, defined as “done on purpose or deliberate”

Accidental – an adjective, defined as “happening by chance or unexpectedly”

Financial freedom is not something that you can stumble into by accident.  It requires making a decision to create a better financial future for yourself, and holding yourself accountable in your daily choices of earning and spending.  It does not require perfection, but it does require time and attention.  Most people spend more time planning their family vacations than they do preparing for their retirement futures.  Put the time and effort in to becoming knowledgeable about your money and learn how not to repeat the mistakes of others.  Read articles and biographies of those that have succeeded.  Watch interviews of self made individuals to hear how they came from humble beginnings and created the life they now live.

See the attached link for one woman’s story of her decision to be in charge of her finances and create what she wanted for her own life.

http://www.prolificliving.com/blog/2011/09/20/live-without-debt-in-charge-of-finances/

Put some action to the plan! Raise ’em up!

The month of January is winding down already.  It’s time to make sure you are putting some shoe leather on your monetary plans for 2014.  Get on the computer and increase the percentage that you are saving in your company retirement plan.  Retirement age will get here faster than you realize, and cost of living expenses only go up.  Get yourself ready.  Raise your long term savings and investments.

A customized plan is best, and the success certainly depends on the amount of time you have for the money to be working for you, your current investment balance and the average returns of those investments.  A good general rule of thumb though is a goal of saving 10% long term gives you a shot at maintaining your lifestyle in retirement.  Saving less than 10% and you will likely be dependent on family or government programs to provide support.  Savings of 15-20% would give you a better opportunity to have more disposable income available for more than just getting by in retirement.

So how much did you save in 2013 towards your long term savings?  And now give yourself a push to increase that amount in 2014.  Increase it as much as is realistic and maintainable.  Look at it quarterly to see if you have room to sock away more.  One step at a time is all it takes to make progress. Raise ’em up!

Start With A Plan for Your Money in 2014

76857_10152103837187836_351996127_nLet this be the year that you start with a plan for your money.  Get with a qualified financial advisor and ask them to help you figure out how much of a nest egg you need to build in order to retire at your target age.  They will need to use your current assets and monthly income and spending as a baseline, but it shouldn’t take long to get a ballpark estimate of the amount you need to be on track to a comfortable retirement.  Then you can see what your annual savings goal needs to be for 2014.   And don’t get discouraged if you are not on track right now.  Heck, you might not even bear near the track right now because you haven’t looked in a long time, or you had some setbacks.  The important thing to to find out what steps it will take to get you straight.  Then take one at a time, then keep reviewing and course correcting until you get there.

Start with the plan.  Start with the end in mind.  Three questions you need to get answers on… How much do you need to put towards long term savings, earning long term investment rates (meaning 4% or better annual averages – even if you are scary conservative 🙂 in 2014?  How much do you need to increase your company 401k or 403b contribution level to in order to accomplish that?  And how should that money be invested to work best for you in 2014?

Get professional help to have a dialogue conversation about money so that you can learn about what is available for use today, what pitfalls to avoid, and what your financial indepdence number is for you personally.  Just talking with a friend who is always talking about money and “seems to know a lot” is not enough here.  You need someone to look at your specific situation and get some customized advice.  The consultation and conversation should not cost you anything.  If you don’t have a financial advisor, ask friends for referrals of professionals they use, or you can start with your local bank or credit union as most have licensed individuals in house.  Ask questions and get your numbers run so that you know what it takes to reach your goal.  Get information. Don’t fall for a product pitch – what you want is a solution.

Contentment

“Contentment, contrary to popular opinion is not being satisfied where you are. It is knowing God’s plan for your life, having the conviction to live it, and believing that God’s peace is greater than the world’s problems.”
– Larry Burkett

Do you have it? Are you living in a place of contentment? Or have you stopped dreaming of and working on a better tomorrow? Be honest with yourself.

“How can that $ on the W2 be right?”

It is that time of year again – when W2’s are provided to show how much you have been paid for the year for all the work that you have done.  And it shows how much money has come through your hands.  If you are like most people, you look at it and think “how can that be right?”  You worked hard, but it just seems that the money went out faster than it came in.  If that was your reaction to your W2 again this year, let’s make a change for next year by planning ahead.  How can you change that?  It all starts with the decision to give your money a job to do before it arrives in your hands.  Money without a pre-planned strategy has a tendency to get away from you before you know it – wasted on quick trips to the store and gone in $20 and $30 and $100 increments – gone before you know it and spent on things that you won’t even remember a year from now.

Make 2013 different.  Start each month with a plan.  Tell your paychecks what they will do for you before payday even arrives.  Don’t worry about tackling the whole year.  Just start with one month at a time.  Then move forward with peace of mind.  Gain control of your finances One Bite Sized Piece At A Time.  You can do it!

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Love it! Great way to change your thinking and outlook for a new year! New beginnings! New decisions! New paths to walk! New joys to discover! It only happens when you are looking forward and not backward!

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