Entries Tagged 'Motivation' ↓
July 12th, 2013 — Motivation
I will spend only what’s in our (virtual) envelopes
I will lose 1/4 pound (.25 pounds). That’s so easy to do but it’s the same weight as a stick of butter.
Just for today.
(This has been my daily mantra for some time now. It works (but only for about 24 hours ). Consider giving your own “just for today” a try.)
July 8th, 2013 — Debt Reduction, Motivation
Have you noticed the benefits from working Dave’s plan no matter what step you are on?
Someone posted on the Dave Ramsey boards about how great it was to be on baby step 7 a year later. He wrote about the obvious benefits of owning your own home and not having any payments.
We aren’t quite there but his comments made me think about the changes that happened to us with each step.
When we started Dave Ramsey’s Total Money Makeover, we were disorganized. We were fortunate that we already had our baby emergency fund but I had to learn to organize our paperwork so that bills would get paid on time. I didn’t know it at the time but I have adult ADD. The tips we learned from TMMO and Financial Peace University were a godsend. Even though we had a lot of consumer debt and student loans, I felt like a huge weight was lifted from our shoulders as the peace Dave describes descended right away.
As we started working our snowball, the load lightened even more and again very quickly. We knocked out our first small debts and our cash flow improved immediately. It was easier to budget. When we got hit with a curve ball, we were able to cash flow the hit without touching our baby emergency fund. It was exciting to watch our snowball grow and our interest payments go down. Baby Step 2 was fun!
During Baby Step 3, I noticed that I liked my job. I no longer felt beholden to my boss like a slave. I took a lot more ownership and pride in my work. I felt like it was mine and having the freedom to leave made me realize I had made the choice to stay. That made the rest of my time there much more enjoyable.
We’re working the rest of the baby steps and they are fun too. We enjoy seeing our progress and knowing that it just keeps getting better and better!
January 20th, 2013 — Debt Reduction, Motivation
The book Body for Life talks about why you must stay exactly on course.
Take a sheet of printer paper and draw the biggest circle you can. It represents your dreams and goals.
Mark a dot right in the middle. It represents you.
Mark another dot where 12 o’clock would be. Let that represent where you want to go with your financial plans (right at the top naturally!) This is baby step 7 where you get to spend, save, and give money. This is where, as Dave Ramsey likes to say, you finally get to live like no one else.
Now take a pencil and rest it on the center dot. Instead of going straight up to the second dot you placed, let’s veer off a tiny bit to the right. Even though you’re off the tiniest bit near the center of the circle, as you extend the line, you’ll find you won’t hit the dot placed at 12 o’clock. You’ll completely miss it.
The bigger the circle (your dreams and goals) the bigger your miss. If you’re aiming for Mars, you’ll miss it by miles and miles.
We may think it’s a little thing to overspend once in a while or to change the order of the steps. But look how getting off course kept us from hitting the goal. It’s important to stay on course and hit the mark.
Use CheckMate to let you know how much you can spend on the categories you designate. See all the features of this computer app here!
(Disclosure: This post has an affiliate link.)
March 7th, 2012 — Motivation
Peyton Manning (via Achievement)
George and I met at the University of Tennessee in the early eighties. Tennessee football has been a big part of our family tradition and if you ever stay as a guest in our home, you are going to have to put up with several huge pictures of the 1998 team and Smokey (the closet thing I’ll probably ever have to a real dog) in the guest room.
We got emotional listening to him speak tonight. The speech he gave on the video I linked is a true class act.
George saw the following Peyton quote that Trey Wingo (wingoz) posted on Twitter:
Last thing today on Peyton: his rookie contract was 48 million. When asked what he was going to do with it, his answer? “Earn it.”
George was able to source that quote here on Achievement.
My sister taught in Knoxville when Petyon was playing for the Vols. She said he often came in and volunteered at her school. He was beloved in Knoxville and everyone at her school agreed that he was the real deal. I heard flags were flying at half mast in Indianapolis and I understand why.
March 6th, 2012 — Motivation
On the Dave Ramsey boards, often someone starts to “get it”. They get on a budget, start paying off their smaller debts, and start finding extra money often just by being careful with what they already have.
When those people start posting enthusiastically, someone will respond and say “We can always tell who’s going to make it to baby step 7 and you’re one of them.
Brian Tracy wrote a great book on goals. He says the simple act of writing your goal each day will help you achieve it. Your subconscious mind starts to work helping you think and do thing to bring your goal to pass. He also talks about being able to visualize it.
I see people on the Dave Ramsey boards doing that day after day. The ones who talk about wanting to be debt-free so badly they can taste it are the ones who cross that finish line. Many have reached debt-free status this month partly due to tax refunds and it’s been exciting to watch!
February 8th, 2012 — Motivation, Productivity
Someone on the Dave Ramsey boards shared a link to Future Me.
You write yourself an email and add the date (in the future) that you would like to receive it. I wrote one to be received 5 years in the future and another one with short term goals that I wanted to receive in a month.
Then I forgot about it.
A few days ago, the email arrived. It was a complete surprise as I couldn’t even remember what is was until I opened it. I had met every short term goal (a savings goal and a weight loss goal). You can use it for anything you’d like and there didn’t seem to be a limit on how many you could write. It’s a free service but they won’t turn down a donation.
I think you have to try it to see how cool it really is.
January 9th, 2012 — Motivation
A member on the Dave Ramsey boards started what he’s calling a “Big Dog Challenge” – a challenge to save up $10,000 in 8 weeks.
For some crazy reason (remember I’m ironing shirts just to come up with an extra $20 each week!) I signed up.
This is where it goes nuts. As I thought about accepting the challenge, I remembered some things I learned from Brian Tracy’s audio book “Goals”. Just the practice of writing the goal down gets your brain figuring out ways to make it happen. “What could it hurt?” I thought. “Maybe I’ll actually figure out how to make that much money and we could really use it.”
As soon as I responded to his post, the wheels were turning in my head. I sold something small and made $25. I gathered two small checks together and checked the change jar – it’s full and I’m going to the bank in the morning. I also got the ball rolling to sell our third car. We’ve needed to do this for a while and I’ve realized I could help DH by getting it serviced and cleaned up for sale. This challenge just may be do able!
I can’t wait to see what our mechanic says about its condition so we can price it fairly.
How about you? Could you set a “Big Dog Goal” and just go for it? What would happen if you tried to come up with a serious chunk of money in 8 weeks?
(photo by George Cavanaugh)
December 26th, 2011 — Goals, Inspiration, Motivation
Don’t you love New Year’s Eve? I love the thought of a fresh beginning and look forward to updating goals each year.
Goals!: How to Get Everything You Want — Faster Than You Ever Thought Possible
I have this book (the audio version though) and have listened to it dozens of times. The tips Brian Tracy shares really work; this is one of the most important books I own. The biggest thing I learned was to write out my most important goals every day. This book is packed with tips on how to bring your goals into reality.
Thanks to this book, I have that fresh shiny feeling of a new year much more often!!
(Disclosure: This post contains an affiliate link. That means I earn a small commission of its sale at no extra cost to you.)
December 13th, 2011 — Motivation
As you try to stick to a new spending plan and your inner two year old is throwing a tantrum breathe deeply and tell yourself
“Just for today.”
You can do this today. You KNOW you can do it today.
October 25th, 2011 — Game On!, Motivation
Yesterday I shared that it’s game on! My coach just designed a new play that is going to take the opposition by storm. He had me doing practice runs all day; I’ve got it down and I know it works. They won’t be expecting me as I rush into the end zone carrying the ball!
Ever since we completed Dave Ramsey’s baby step 3, we started saving our former car payment. We aimed for an 12% return on our money and won big time. The prize was a new to us Land Cruiser, purchased in March, and it’s a sweet ride. We feel like we won a national championship. Now I’m going to show you a way to do the same thing without risking your money (unless you think a savings account is risky). Impossible you say? Just stick with me.
We’ve continued to save our car payments but I wasn’t getting the returns I saw last year. I was telling my
husband coach, that I only needed a 1% gain each month.
Because he always has the best ideas ever, I asked him how he would get that 1% gain on a few thousand dollars. We really didn’t have enough to trade in the stock market (which has been a lot more volatile this year anyway). I also wanted to find something I could easily teach others. No surprise; George had an instant answer for me.
He said, “That’s easy, you are still paying someone $20 a week to iron our shirts.”
I heard it echo in my head … I was paying someone $20 a week to iron our shirts.
When the reality of this hit me, I knew I’d be good at least until the account gets to about $8,000. This is the play my coach is having me run. I am going to blog it, keep stats, and watch the money grow. (I’ve also been ironing all day!) I invite you to watch and I invite you to participate. We all know the road to riches is regularly investing a sum of money at a high rate of return.
Tomorrow’s post will have the first report.
Start by asking yourself what is your winning play? What goods and services are you buying that you could either forgo or easily provide for yourself? Please share your ideas and we’ll all profit.