Prepare for Lay Offs

I saw a meme last week that said, “The words ‘Coronavirus is gone’ is starting to sound a lot like ‘You’ve won the lottery!’”  From day to day, coronavirus continues to affect our decisions.  People have changed how they work, shop, exercise, socialize, and worship.  Many businesses are dramatically impacted.  Some have closed down permanently, and others are reducingContinue reading “Prepare for Lay Offs”

My Dave Ramsey Update: Stick to Your Plan

Earlier this year I found Dave Ramsey on YouTube.  I didn’t follow his plan 100% since my husband and I had developed our own plan after we took a hard hit when the real estate bubble burst.  However the more I turned to Dave’s channel for inspiration on our financial goals, the more I felt compelledContinue reading “My Dave Ramsey Update: Stick to Your Plan”

Get a Side Hustle

My journey to abundance is taking all sorts of unexpected twists and turns. It started with going underwater on my mortgage, took a detour into credit card and car loan territory, explored high end consumerism and then crossed into Ramsey land with the precise goal of getting debt free. I have also downsized my belongings,Continue reading “Get a Side Hustle”

Delay Gratification: Lesson From Buying a Gucci Handbag

We live in an instant gratification society, and it’s ruining our value system. After making a purchase, I would enjoy the item thoroughly for a week or so and then become either dissatisfied or bored with it and consider what I should buy next. This was the case for small and large purchases. I approachedContinue reading “Delay Gratification: Lesson From Buying a Gucci Handbag”

Dave Ramsey’s Baby Steps

Dave Ramsey’s name popped up on several YouTube channels I follow, then I noticed it at the library, and not a week later a friend made reference to him during an unexpected visit. I don’t believe in coincidence, but rather see these synchronicities like bread crumbs leading me someplace I should go. For that reason,Continue reading “Dave Ramsey’s Baby Steps”

You’re the Villain When You Force Your Rules on Others

Somebody who used to be close with my family thinks I’m a villain. Ok, maybe not that I’m an outright villain, but definitely that I’m a bad guy. For the time that we were close, I gave advice and friendship by encouraging her personal development. My typical advice was along the lines of, be respectfulContinue reading “You’re the Villain When You Force Your Rules on Others”

Think Like a One Percenter

You all know I’m on a journey to affluence, as I like to call it.  On this journey I’m learning just how much my upbringing has programmed me to believe that financial wellbeing is the result of hard work.  Yet through practicing the law of attraction, I’ve been presented evidence time and again that it’sContinue reading “Think Like a One Percenter”

How Being Upside Down in My Mortgage Saved My Finances

My husband and I closed on our first home in February 2007, about seven months shy of the real estate peak. When the bubble burst, we quickly became desperately upside down in our mortgage. We had financed using an 80/20 split between an interest only ARM and a loan modeled after a 30 year fixedContinue reading “How Being Upside Down in My Mortgage Saved My Finances”

Wealth Habits: Lessons from My Journey to Affluence

Those of us who didn’t grow up with silver spoons in our mouths usually share thought patterns about money that we need to overcome. When we don’t, we have difficulty sustaining the wealth we accrue. There are plenty of stories of the person who won the lottery only to be bankrupt years later. An exampleContinue reading “Wealth Habits: Lessons from My Journey to Affluence”

Impact of Fees: Mutual vs Index Funds

Tony Robbin’s did it again.  He sensed complacency and used a simple story to send a meaningful message.  That message is to wake up and pay attention to your financial well-being! I have a question for you – can you tell me the difference between a mutual fund and index fund?  Just two weeks agoContinue reading “Impact of Fees: Mutual vs Index Funds”