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Mind Over Money

Ask And You Shall Receive

Ask-and-receive That’s a quote from the bible so it has some authority behind it. All you have to do is ask, and you’ll be surprised at what you will receive. This works in many aspects of life. I’ll focus on the saving money aspect of life because this is a personal finance blog and I followed those words recently to save some money.

Don’t be afraid

Why don’t more people ask for a discount? You should ask for a discount on everything you buy. I’ll admit I’m not quite there since I don’t ask for a discount at McDonald’s. But the point is that when you’re in a store looking to buy an item of value, you should ask “Can I get a discount on this?”

They want you to buy from them and if it takes a discount, they will give it to you. The worst they will say is no. I know it’s easy to say that’s the worst that can happen, but to actually believe that’s the worse that can happen when it comes time to ask is another thing. I’ll just give you this one piece of advice: Just do it! Don’t think about, just ask before you can talk yourself out of it.

Competition

Like I said before, they want you to buy from them. They don’t want to lose you to a competitor. Use that to your advantage.

Beth (My girlfriend, I’ll have to stop identifying her one day) saved some money recently buy doing this. She called one company and asked them their price and asked what the price included and if they price match. Then she called a competitor and found out the same info from them and had a cheaper price. After that, she called the original place and told them the competitors pricing. She ended up saving $100 and got free installation and rotation.

Use the free market for what it’s there for, to get a low price.

Knowledge

I will beat this fact to death, Knowledge is power. If you know how much a certain product goes for in the open market, you can use that to your advantage. When buying a car you can figure out how much a car goes for and use that knowledge to get a dealership to lower the price of a vehicle. Knowledge can also help you cut through the BS of a salesman. Don’t get taken for a ride just because you don’t know about what you want to buy.

I’ll leave you with this, to show you that it never hurts to ask.

Mind Over Money

Thursday Quick Tip: Quit Smoking Today

I just want to give you a quick tip today that will affect your health as well as your wallet. Quit smoking.  Yeah, I said it, quit smoking.  It can add up to quite a bit of costs now as well as in your future.  Think about all of the money you spend each week, month, and year on smoking.  It is a lot of money that you could use toward debt or even vacation.  That would be pretty nice wouldn’t it?

And in the future when you are in the hospital because you need help breathing, its not going to feel too hot then will it.  Also it will cost you a huge chunk of change just to live.  So stop.

Smoking also affects your loved ones because they don’t want to see you on your death bed.  It is going to hurt them a lot when they see you suffering because you wanted to smoke. Next time you take a puff, think about your future loved ones or your loved ones now that are going to suffer because you wanted to relax a little; it just isn’t worth it.

If you do want to continue smoking, let me know in the comments below why you are making that decision and maybe we can converse back and forth a little.  You may change my mind or maybe I’ll change yours; we’ll just have to see.  This week’s quick tip, stop smoking.

Mind Over Money

How To Make A New Years Resolution That Works

Every year people make new resolutions that they hope to accomplish for the next year. Most probably won’t keep it. There are many reasons why but it’s usually for lack of actually wanted to complete it. Here are 3 steps to make a resolution and how to keep it.

“Until one is committed, there is hesitancy, the chance to draw back, always ineffectiveness. Concerning all acts of initiative (and creation), there is one elementary truth the ignorance of which kills countless ideas and splendid plans: that the moment one definitely commits oneself, the providence moves too. A whole stream of events issues from the decision, raising in one’s favor all manner of unforeseen incidents, meetings and material assistance, which no man could have dreamt would have come his way.”

~William Hutchinson Murray

Stay in reality

“Reality is that which, when you stop believing in it, doesn’t go away.”  ~Philip K. Dick

If the goal is to make a million dollars by the end of next year, it’s probably not going to happen unless you win the lottery. If you want that goal then by all means try it but make sure you complete the next step before you make it your final resolution.

It is good to push yourself so that you change but make it somewhat achievable. For instance you could say I want to make 20% more that I did this year or save 20% more. You could even say I want to make a budget and stick to it every month.

Make plans to succeed

“He who fails to plan, plans to fail”

~Proverb

How are you going to achieve your resolution? Saying what you want to accomplish is one thing, but planning how you’re going to do it is what will make or break your resolution. Break down your final goal into small monthly goals. That will help bridge the gap between where you are and where you want to be.

For instance, If you want to make 20% more than you did last year, that could be $10,000. That equals $833 each month you would have to make extra. Then you brainstorm different things you could do for that amount. Perhaps a second job, or selling some items. Just come up with as many things, even unfeasible things, and then go through them and find what will work. That’s your plan and that will help you succeed.

Become accountable

“Accountability breeds response-ability.”

~Stephen R. Covey

You can do all that, but tell no one, so that way if you fail then no one will know. Yea that’s the easy way but that’s not going to change your life, tell someone what you’re going to do. Maybe they’ll even want to join you. But the point is to bring someone on that can hold you accountable for what you want for your life. A loved one or friend is preferable but if you don’t want to as them, then give me a try and sign up for my free monthly accountability emails, where’ I’ll keep you going month after month and we can motivate each other  to complete our resolutions.

The point of a resolution is to change something in your life because you’re not happy with what you’re currently doing in that area. Keep this resolution and you will have a new life you are happy with. It’s time to finally take a leap. JUMP!!

Are you going to take the leap this year?

Mind Over Money

Who Is A Financial Freedom Guerrilla?

Do you want to live a life that doesn’t involve having to worry about how your next bill is going be paid?

Do you want to do what you want to do, when you want to do it without having to worry about how you’re going to pay for it?

Do you want to live your life doing what makes you happy and making money doing it?

A Financial Freedom Guerrilla is someone that says yes to all of those questions, and wants to fight for it.

In order to get that life you have to want it more than anything else! You have to know that what you’re doing today is setting up the rest of your life. You need to fight for what you want! It’s not enough to say what you’re going to do, you have to do it!

Become a Financial Freedom Guerrilla and fight for your dreams because you can achieve them and you will! Join me in that fight and I will lead you there. I will give you everything you need to accomplish your goals.

I want you to be a Financial Freedom Guerrilla and I want to see you reach your dreams. We all have them, but most of us lose them as we get older and get content. I say no more! There is no reason, nothing at all, that should stop you from reaching your dreams.

Only you have the power to stop you! I want to help you get over yourself and succeed where you used to fail. Follow me to Financial Freedom! I will lead you there but you have to follow and take action.

Sure, you can just sit there and read what I have to say. And that’s what I used to do. But I came to the realization that sitting down isn’t going to get you anywhere. I want you to stand up, stand up and follow me. If something is stopping you, just ask me for help. If you need more than written words to get you going feel free to get some extra help from me.

Join me in the fight and sign up for weekly updates so you don’t miss anything. Plus, every now and then I’ll give you a chance to win a little something something to help you out.

Fight for what you want because that’s what life is all about…..living your dreams.

What do you want to fight for? Are you going to join me in the fight?

Be sure to tell your friends about the fight by re-tweeting this post and Facebook sharing it

Mind Over Money

Break The Cycle Of Being Financially Poor

schoolThere’s a deadly cycle when it comes to being poor. When you aren’t educated on how to be good with money, your children aren’t going to be educated on how to be good with money. If you are bad with money you need to get better for future generations. The only thing I ever learned growing up was about investing in stocks. I never learned about making a budget and it never occurred to me that I even needed to know because no one ever told me I needed to know. The only thing kids know about personal finance is that you need to work to pay bills. That’s it. You need to break the cycle.

Get An Education

If you don’t know about good money habits, how can you possibly have them? The only way to learn that way, is to make mistakes. That is the long hard road. Take the easier route and learn from other people’s mistakes. Read a book, read blogs online, just learn from people before you make those mistakes. When you learn something be sure to pass it onto your children so they have a lesser chance of making those mistakes as well.

Stop Wanting What Other People Have

“Ooooo my neighbor just got a new 52 inch Hi def  TV. It looks fantastic. I think I’m going to get one. I can get one at Rent-A-Center and make payments for a couple of years.” Don’t! Your neighbor has that because they can afford to buy one or are willing to put their future at risk to own something that looks cool. Don’t be that person that does the latter. You can’t define your life by what you own. If you really do define yourself by what you own, then earn more money so that you can buy what they have instead of ruining your future by paying for it with payments that end up costing you thousands of dollars in interest.

Don’t Spend All Of Your Money

This should be a given but how many people have a lot of money by spending it all? If you live paycheck to paycheck it means you spend it all. Stop doing that! Find places where you can cut back your spending. Find a cheaper place to live, stop eating out, stop spending money everyday. If you can’t do that then start earning more money so that you can put some away for a rainy day.

Having bad financial habits will most likely cause your children to have the same habits. Change your habits before it becomes too late and the cycle is started over again. On your journey to become financially independent bring your kids for the ride. Break the cycle of being financially poor.

Do you have any habits you don’t want your kids to have? Why do you have those habits if you don’t want your kids to have them?