This is the time of year when the retail world does everything it can to encourage you to overspend. Retailers hope that spending to counteract feelings of deprivation will overshadow your practical need for financial sanity.
This year, the marketers are out in force with early Black Friday, keeping stores open all day on Thanksgiving, and other gimmicks to stimulate your hunger for stuff.
Now is the time to create a holiday spending strategy that will satisfy one of your more sober wants–that of wanting to feel more comfortable about your financial position. Here are some factors to take into consideration: Continue reading
If you think you should be earning more or have any discomforts about your money, listen to this episode. Continue reading
The Identity Factor is a mechanism that kicks in each time you attempt to make a major change in your life. In this episode you’ll learn why the Identity Factor causes resistance and so-called self-sabotage and how to get beyond it’s effects. Continue reading
For years, I have wondered why some people, no matter how hard they seem to try, can’t get their lives moving in a positive direction. Or, if they do, why success is difficult to sustain. It’s becoming clear to me that the reason is related to a person’s personal identity.
Let’s take a look at two different individuals in order to understand this concept. Continue reading
- Uncertain times exacerbate fear
- Fear is about the future.
- Financial fear is not dependent on how much money you have.
- Financial fear is never about money, but about the consequences of not having money.
- At the base of the fears are emotions such a shame, guilt, deprivation, and the fear of being alone. Fear of losing face or losing your position.
- Another base for fear is behaviour learned from parents.
- People worry because they think if they stop worrying, everything will fall apart. Continue reading
Tip of the Week:
If you use a Kindle or read Kindle books on the Kindle App, you may have tried to copy your highlights and discovered that you can’t do this. However, there is a way to copy your highlights and notes. Here’s how:
Go to http://kindle.amazon.com and sign into your account.
On the top Navigation bar is a link that says Your Highlights. Click this link and you will see all of your Kindle books and the highlights you have made. You can now copy the text and use however you wish.
I head this on Ray Edwards Podcast
Do you ever wonder why, despite all of the work that you’ve done on yourself, that you are still earning less than you’d like, carrying those unwanted pounds, and/or feeling dissatisfied with your life?
Why do you continue to avoid behavior that you know could help you? Why do you sabotage yourself every time your life seems to be getting better?
I’ve heard the stories a thousand times:
- “I had money saved, but my car broke down and I had to use the money to fix it.”
- “Keeping track of my money felt great, but for some reason I stopped after a few months.”
- “I finally lost the extra 30 pounds I was carrying, then gained them back.”
- “I keep staring at the piles of paper in my office and want to clear the clutter, but I just can’t get myself to actually do it.”
- “Last year, I earned more than I ever did before, and now I’m right back where I was.”
- “No matter how much I earn, there never seems to be any extra.” Continue reading
When you hear the words financial management, cash flow strategies, or balancing your checkbook, which of the following do you do?
- Roll your eyes and think to yourself, “BORING!”
- Zone out and think of something else.
- Say, “I’m not good with numbers.”
- Get excited about dealing with the numbers.
If you are like most entrepreneurs and practitioners, getting excited about the numbers is probably not one of your choices.
Believe it or not, despite the fact that doing business is about making money, entrepreneurs and practitioners often have little interest in learning the intricacies of managing money.
Yet the businesses that succeed financially are those with leaders who are willing to pay attention to their numbers.
A new way of looking at your finances Continue reading