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Posts Tagged ‘cheerleaders’

Birds of a feather save money together…

Wednesday, June 2nd, 2010

While checking out some websites the other day, I ran across a quote from a co-founder of WiseBread.com, another personal finance blog that has some good tips.  The quote says “Good money management is a lifestyle. If you surround yourself with people who share the same values, you’re more likely to stay on track”.  This is very similar to one of my favorite quotes, stating that “You are the average of the five people you spend the most time with”, by Jim Rohn. 

Obviously they both speak for themselves, but many times we either don’t think things through or apply them in our lives.  IF, for example, we are the average of the 5 people we surround ourselves with, and we surround ourselves with people who choose to be frugal and manage their money wisely, it stands to reason that we would find it easier to stick to our decisions as well.   

So, the question is, have you thought through the people you spend the most time with these days?  Are they the type of people you would want to be if you had to be someone else?  Would you let them step into your life and run your house and job/business in your stead, making all choices and decisions for you?  If you would not trust them to make the wise decisions you would make (or wiser even), then I say perhaps you need to reevaluate the friendship.  This doesn’t necessarily mean I want you to ditch all your friends that don’t “measure up”, but maybe you need to develop better relationships with friends who meet your new found requirements, or perhaps YOU need to be the role model for your friends, encouraging them in their endeavors.  Whichever of these choices you feel you were meant to do, implementing them isn’t difficult (just being aware of the choices in front of you with regard to your friends is a step in the right direction, but also, I find that deciding to be the type of friend you want to have makes a big difference as well, since so many people are NOT the type of friend they want to have), and the rewards can be plentiful, both in wealth and in personal fulfillment. 

The single person’s struggle with bills and budgets…

Wednesday, April 14th, 2010

We talk a lot about couples on our website, but we aren’t oblivious to the fact that many of our readers are single, and that our single readers have different needs and questions than our other readers.  Our single readers have no one to be accountable to except themselves.  They have to do everything on their own.  That means they need a lot of information on how to plan for the future, and no one to help them acquire it.  What do they do when they want to make a budget, or start saving for retirement or pay off debt?  Well, these are the first 2 steps they should look at when they are ready to get on track. 

The first steps they should take toward getting their finances in order should be to find a person to whom they can be accountable.  This can be a parent, a best friend or even the pastor at their church.  It doesn’t matter who they choose, it merely has to be someone that they can trust with their private information that also has good financial sense (this doesn’t mean the person with the flashiest car or house, because those people are usually in debt themselves).  After finding someone to help keep them on “the straight and narrow path”, they need to sit down and write out their budget.  Don’t know where to begin?  Well, for now I’ll suggest this form to help you singles get started (be on the lookout for a better form from us in the future).  The important thing, no matter if you’re single or in a relationship, is that you’re on a plan and working toward a goal (hopefully to be debt free and saving for retirement). 

We always encourage our readers to leave comments with questions they might have and today is no exception.  Single or married, feel free to ask us what steps to follow up with, or any other questions you might have! 

You’ve used it for swimming! The buddy system gets an update!

Wednesday, December 9th, 2009

Today I wanted to talk about a great way to help control your spending (or over-spending).  A method of checks and balances, so to speak.  The buddy system!  You remember the buddy system.  Perhaps you used it at the swimming pool or when going to a public restroom as a child, or perhaps you used it when in the grocery store with your older siblings…either way, you’ve done it before, and if you’re struggling with spending money (are you a spend-thrift?), you need to do it again!

Okay, so here’s your refresher course, not that most of you need it!  When you’re out shopping, and you see something you like, you can approach it 1 of 2 ways.  The first way (the one we opt for) is to call your spending buddy and tell them what you’re thinking of buying.  If they think it’s frivolous, they can talk you out of the purchase before you buy it.  The second option is to call your spending buddy after you’ve made the purchase and try and defend it.  The difference is usually how bad you can be made to feel.  Think about it…if you call during your shopping, they can stop you from buying it and praise you for putting it up.  If, however, you choose to call your spending buddy after the purchase, while defending it you could feel very guilty for the purchase and it could cause problems in the relationship.  I think it’s worth the risk to the relationship, however, if it teaches a spend-thrift a hard lesson to learn!

Some other information worth noting…if you choose your significant other as your spending buddy (which is the system your favorite southern couple has in place), you had better be sure you have an absolutely solid relationship that cannot be shaken by a little  criticism and guilt.  My advice would be to try it on a temporary basis for a week or two before deciding to put it in place as your go-to system.  If you find that your feelings are hurt by your significant other, and you can’t get past it, stop the trial before real problems follow and both of you should choose someone else to be your spending buddy.  Who makes a good spending buddy?  Someone you look up to or respect.  A person that can criticize you without losing your friendship or relationship.  This could be your mother, sister, brother or best friend.  You decide who works best for you, but just get the system in place.  The quicker you start the buddy system, the more money you’ll save!

October is Breast Cancer Awareness Month! Free screenings for you or someone else!

Wednesday, October 7th, 2009

As many of you already know, October is Breast Cancer Awareness Month.  For me, it’s personal.  My mother, who is the greatest woman I’ve ever known, was diagnosed with breast cancer in December 2006.  I am not exaggerating when I say that I was scared out of my mind.  In truth, it probably didn’t help that my grandmother (my mom’s mother), whom I was also very close to, passed away just a few months earlier (not from breast cancer).  So, to me, it seemed like my world was crashing down around me.  I went through most of the recovery process with my mom.  She required both chemotherapy and surgery, and it was very hard to watch a woman who had been so strong for so long struggle.  It was…heartbreaking.  But, with the power of prayer and help from some of the best (and nicest) doctors I have ever met in my life, she has made a full recovery.  This experience, however, makes me think about how important it is to get screened for breast cancer, AKA, getting a mammogram.  What’s better, is that I found some information about ways to get them for free, or at least on the cheap, so people without health insurance can get screened as well.

The first website is called The Breast Cancer Site.  It is an interesting way to help those in need, but basically, you click the button (you can click once a day) and after a certain number of clicks (roughly 45,000) it donates a free mammogram to women in need across the country.  It is a for profit business, but is also supported by corporate sponsorship, so check it out and click the button, since you could save a life with that click.  Think it’s too good to be true?  Verify it here!

Another website is called liv.com.  It is a breast cancer awareness website that lists resources for women to get free or low cost mammograms.  The United States Center for Disease Control’s National Breast and Cervical Cancer Early Detection Program (NBCCEDP) is one resource you can use to get access to these low cost of free screenings.  Check out their website here.  Other websites listed on liv.com offering help to get screened on the cheap are The National Cancer Institute (supported by the U.S. Government), the American Cancer Society (the blue box in the middle right of the page “Find ACS in Your Community” is where you want to go.  You’ll need your zip code.  They can tell you what resources are available in your area.) and The American Breast Cancer Foundation’s Key to Life Breast Cancer Screening Assistance Program.  This last resource doesn’t have a website, but you can call them at 877-539-2543 to enroll in their program which provides financial assistance to uninsured and underinsured women and men for breast cancer testing.  If none of these suit your needs, call your local hospital and ask to speak to a social worker.  They are the hospital contact that will be aware of any free or low cost mammogram/cancer screenings in your area. 

Breast cancer won’t go away on it’s own.  The faster they catch it, the better your chances.  If my mom hadn’t been diligent in her screenings, I might have lost her, and that isn’t something I like to think about.  So you’re busy with kids and career.  It doesn’t matter, because you have to take care of yourself, no matter what is going on!  Think about it…if you don’t take care of yourself, who will take care of your priorities (kids etc.) when you’re gone?

February is “fall off the wagon” month…

Thursday, February 19th, 2009

This month, millions of people do what they said they weren’t going to do on January 1…fall off the wagon. Whether it be with diet, exercise or money etc., people all over the country start slipping on their goals this month. Why is that? Well, I have a couple of ideas about why people fail in February: Tax Refunds, Lack of Accountability, Exhaustion, No Firm Plan and No Cheerleaders.

Tax Refunds are terrible for the average American. At the end of the year, when the government finally decides to give the taxpayers back their money (unless you live in California this year, where the government is refusing to give back refunds since it spent all of its money), people all over the U.S. get so excited about how they are going to use the money. Most people start off with noble intentions: “I will use the money to start an emergency fund” or “I will use the money to pay off debt”, but by the time the refund shows up, the new intent is to “buy that 50″ flat panel LCD TV that I’ve always wanted”. Failure. This kind of thing makes me cringe. Tax refunds in the hands of most people end up being impulse spending and nothing more. Don’t lose your willpower. Without debt payments, you could have more money throughout the year and have your tax refund…the best of both worlds!

Lack of accountability is another good reason people fall of the wagon. This applies to money, diets, exercise and smoking to name a few. Most people are not capable of being accountable to themselves. Remember the first time you sneaked a cigarette or cupcake, the first time you decided to skip the gym or buy that new pair of shoes? Who was there to talk you out of it? Generally, no one. If you don’t have someone with whom you have to be accountable, someone to say “you don’t need those shoes” and “skipping the gym is like eating a brownie” then you are more susceptible to your own inner demons. You can’t say, “oh, what’s one cupcake?”. FYI, that one cupcake (1.5 oz) is 200 calories, which is a 30 minute walk on a treadmill…sounds tempting huh? If you’re single, find someone you trust to be your conscience. If you’re married, as a couple you should be on a plan and accountable to each other.

Falling off the wagon from exhaustion sneaks up on you. It’s when you have been so good staying focused on your goals that you wake up one day and say to yourself “I am worn out, I just don’t think I can do this anymore”. It’s when you say things like “I don’t care if I ever see another free weight…” and “So help me, I’d give anything to stop looking at spreadsheets…”. There is nothing I could say to counteract this problem. I can only tell you to take solace in the fact that we all have these moments and that you are not alone. You just have to tell yourself that you are not going to give in to your exhaustion and then make a list of what you have accomplished so far. It doesn’t matter how small you think the accomplishment is, it counts. You wouldn’t have accomplished anything if you had not tried.

Falling off the wagon from a lack of a plan and no cheerleaders is obvious. If you don’t figure out exactly how you are going to accomplish your goal and write it down then you will not stay focused. If you don’t have people around you cheering you on, hoping you succeed and helping you out then you will not stay on task. People need other people to affirm that they are doing a good job. They need people to review their plan and say its good. Enough said.

All in all, there are plenty of reasons we fall off the wagon. Staying focused and on task to achieve your goals keeps you on the wagon and is what it means to be an adult. Think about this…we can’t eat the way we did as children and stay thin….if it were that easy, we’d all be thin. When children get money they can spend it however they want and adults cannot. You can’t take your tax refund and blow it on a TV…you have responsibilities. You ARE an adult. You have to do things differently then when you were a child. You can’t expect to stay thin as an adult without getting exercise…you wouldn’t have stayed thin as a child if you didn’t play and ride bikes. Why do you think childhood obesity is on the news all the time these days…children don’t go outside and play anymore.

So, don’t fail in February. Save your refund, be accountable to someone, persevere through exhaustion, make a plan and find your cheerleaders! I believe everyone is capable of doing amazing things under the right circumstances. It is your job, however, to help create as many of those right circumstances as you can!