Thursday, December 31, 2009

10 Days Left in Activity

10 Days Left

Activity #10

What are your money goals for the new year?

For example, I want to save $22,000 for retirement.

Best wishes,

Janie

Wednesday, December 30, 2009

11 Days Left

FYI- I have received a bunch of emails about this activity. I will put all of these activities into one giant blog post. This way you can refer back to the main blog post whenever you want to do the 100 day activity.

11 Days Left


Activity #11


Why can't you hold onto your money? Why are you living pay check to pay check?

When I was in debt, I couldn't hold onto my money because my cost of living was too high for the amount of money I was making. I didn't want to reduce my cost of living because I wanted to appear like I had money. But I just ended up causing more issues for myself because I wanted to appear wealthy when I wasn't.

Best wishes,


Janie

Sunday, December 27, 2009

13 Days Left

I am back from celebrating the holidays with my family and friends and now playing catch up...

13 Days Left

Activity #13


Did you buy all or most of your gifts on the Internet this year? How do you delay gratification when you are shopping online? How do you stay within your budget when buying online?


I usually stay away from online shopping all together. It is way too easy to spend on the online. However, this was quite different for me because I have been so busy! Therefore, I did do some shopping online.


Best wishes,



Janie

Thursday, December 24, 2009

Thank You and Happy Holidays!

To my blog readers,

Thank you so much for following along with my blog this year. I hope that you and your family have a wonderful holiday season this year.

I will be back in a few days to update my blog. I am going to go and eat cookies now.

Best wishes,

Janie

Monday, December 21, 2009

14 Days Left

14 Days Left

Activity #14

How good are you going to feel when you are debt free? Dwell on this today. Dwell on this for the next week. See yourself debt free and feel how good it is going to be.

Best wishes,

Janie

Sunday, December 20, 2009

15 Days Left in 2009

15 Days Left

Activity #15

What are you worrying about right now? Will you be worrying about it in 5 years?

Example: I am worried that my dreams will not come true. I will be worrying about it in 5 years if I don't determine what dreams I want to come true.

To my blog readers, I am a little behind on this count down. I apologize for this. My life has been a little crazy these past couple of weeks. I am praying for everyone on my prayer list. I hope you are doing well.

Best wishes,

Janie

Thursday, December 17, 2009

16 Days Left in 2009

16 Days Left

Activity #16

How much time do you spend reading each day?

I have found that there is a direct correlation between wealth and how much a person reads. Many successful people and CEOs read a book a week or listen to a book a week. You don't want to ever stop learning!

Best wishes,

Janie

17 Days Left in 2009

17 Days Left

Activity #17

Put the credit cards with the highest balance in your freezer today. Especially, since it is the holiday time and you don't want to spend anymore money on those cards.

Good luck!

Best wishes,

Janie

Tuesday, December 15, 2009

18 Days Left in 2009

18 Days Left

Activity #18

List five things you don't know about your credit cards.

Example:

1. I don't know the fine print.
2. I don't know the privacy policy.
3. I don't know my interest rate on all of my cards.
4. I don't know when each billing cycle ends.

Best wishes,
Janie

Sunday, December 13, 2009

19 Days Left

19 Days Left

Activity #19

Do you care what others think of you? If so, did this get you into debt? Are you in debt or having financial trouble because of the social pressure? What can you tell yourself to not care what other people think of you?

I know this one is a hard one for me. I am still trying to not care what others think and say about me.

Best wishes,

Janie

20 Days Left in 2009

20 Days Left in 2009

Activity #20

What are you thankful for today?

I am thankful that I have my family and friends. I am thankful that I have a job. I always find that when I am feeling down I always feel better by being thankful.


Best wishes,

Janie

Saturday, December 12, 2009

21 Days Left in 2009

21 Days Left in 2009

Activity #21

Draw a road map of your life and your future life. What does it look like? Now, up your financial dreams on that road make. Are they aligned with your road map? Or do things look different?

We all need to look hard at what we want out of life and not focus on the social programming. Follow your own heart and dreams not someone other than yourself.


Best wishes,

Janie

Thursday, December 10, 2009

22 Days Left in 2009

22 Days Left in 2009

Activity #22

Do you have a project that looks like a disaster right now? If this is how you feel right now about your finances there is hope just read the quote below:

"The middle of every successful project looks like a disaster."
- Rosabeth Moss Cantor

Best wishes,

Janie

Tuesday, December 8, 2009

24 Days Left in 2009

24 Days Left in 2009

Activity #24

Find out how much money you have earned in your lifetime. Write everything down. Even if you have to approximate do that. Find out all of the money that has come to you in your lifetime.

This is a fun exercise because you will be surprised how much money you have worked for or received.

Best wishes,

Janie

Monday, December 7, 2009

25 Days Left in 2009

25 Days Left in 2009

Activity #25

Where is it going? Where is your time going? Where is your money going? Where is everything going?

This is such an important part of getting control of your life. It is understanding where all of your energy is going and directed.

Best wishes,

Janie

Sunday, December 6, 2009

26 Days Left in 2009

26 Days Left in 2009

Activity #26

Since this is the gift giving season I thought this is an important quote to share with you today.

"For many people giving presents is an important way to express love. You can cut back on the cost of gifts without cutting back on the love."
- Joe Dominguez

Best wishes,

Janie

Saturday, December 5, 2009

27 Days Left in 2009

27 Days Left in 2009


Activity #27


How are you controlling your buying impulses this holiday season?

Example: I am paying for all of my gifts in cash. This way I will not over spend.


Best wishes,


Janie

Thursday, December 3, 2009

29 Days Left in 2009

29 Days Left in 2009

Activity #29

How much is enough? When do you know you have enough? How can you be fulfilled in life?

I know I have enough because I have my husband, my pets, my friends, my education and with those wonderful things in my life I know that I can do anything. What about you?

Best wishes,

Janie

Wednesday, December 2, 2009

30 Days Left in 2009

30 Days Left in 2009

Activity #30


Have you ever heard of the the 30 Day strategy? This strategy is a way to test out a new habit for 30 days. Just like in software companies, they offer free 30 day trials as a test period. This give customers the chance to test out their software for 30 days and see if they like it.


What new money habit can you do for 30 days?

Example: I am going to pay cash for everything for 30 days (food, gas, etc.).

Best wishes,

Janie

Tuesday, December 1, 2009

31 Days Left in 2009

31 Days Left in 2009

Activity #31

The count down is on! It is December and the New Year is fast approaching. I can't even believe it.

Did you take the spender quiz from yesterday? What type of spender are you? What have you learned about yourself from that quiz?

Best wishes,

Janie

Monday, November 30, 2009

32 Days Left in 2009- Getting Out of Debt Challenge

32 Days Left in 2009

Activity #32

Take the following quiz: What kind of spender are you?

Note: You need to scroll down the page to this quiz it is under the Spending Wisely category. I am sorry but it wouldn't let me paste the URL to the actual quiz here.

Best wishes,

Janie

Saturday, November 28, 2009

I have a hard time around holidays...

My holidays are complicated and difficult in my family. There are all sorts of unwritten rules and a lot of talking behind each other's back. No one is good enough in my family and there is a lot of judgemental and critical statements made.

For the most part I am able to stay out of this and live my own life. But each holiday I get sucked back in and I end up feeling really lonely within my own family.

Then I started to think about my debt and getting out of debt. While I was in debt I was very lonely. I didn't tell anyone and I kept a lot to myself. I feared getting judged.

Are you feeling lonely right now because of your financial situation?

If so, I want you to know that you aren't alone. You have this blog and you have me. I know what it is like to feel like an outcast within your own family.

So, I want you all to feel good and not lonely that is why I am here and write to you on this blog.

Best wishes,

Janie

34 Days Left in 2009- Getting Out of Debt Challenge

34 Days Left in 2009

Activity #34

Do you have a holiday gift giving budget?

Yes, I am not spending more than $500.00 on family gifts.

Best wishes,

Janie

Friday, November 27, 2009

35 Days Left in 2009- Getting Out of Debt Challenge

35 Days Left in 2009

Activity #35

I have decided to skip Day #36 because it was Thanksgiving. I hope you had a wonderful holiday.

Today's activity is to get your free credit report (as long as you haven't already asked for one this year). You are only allowed 1 free credit report each year.

This will be a great way to check to see if any errors/mistakes are on your credit report before the new year.

Best wishes,

Janie

Wednesday, November 25, 2009

37 Days Left in 2009- Getting Out of Debt Challenge

37 Days Left in 2009

Activity #37

This activity will take you about 30 minutes to complete.

What are you thankful for today?

I am thankful for my life- both the good and bad parts of it. I have learned to keep on going even when things got tough. Thank you to all of my followers and readers. I appreciate all of the support and emails that I receive on a daily/weekly basis.

Best wishes,

Janie

Tuesday, November 24, 2009

38 Days Left in 2009- Getting Out of Debt Challenge

38 Days Left in 2009

Activity #38

This activity will take you about 30 minutes to complete.

The following question is being asked to clarify your values. It is meant to determine what you really want out of life and your values right now.

If you got a 10 million dollar check in the mail today what you would you do? How would it change your life?

For me it would give me freedom and security. I would donate to my favorite charities, give money to family, invest the money for future generations, go on vacation, join a gym, on the possibilities are endless. You know what I wouldn't quit my job right away either. I would want to maintain a normal life for awhile too.

Best wishes,

Janie

Monday, November 23, 2009

39 Days Left in 2009- Getting Out of Debt Challenge

39 Days Left in 2009

Activity #39

This activity will take you about 30 minutes to complete.

Read: The Peak Age of Financial Reason.

Best wishes,

Janie

Sunday, November 22, 2009

40 Days Left in 2009- Getting Out of Debt Challenge

40 Days Left in 2009

Activity #40

This activity will take you about 30 minutes to complete.

Is there something on your mind that is bothering you right now? You can't seem to stop thinking about it. It keeps you up at night. You are distracted by those thoughts and you can't seem to function really well in your daily life.

This is what I do to clear my mind.

First, I write what is bothering me down on a sheet of paper.

Second, if this was the only thing in your life that you had to figure out what would you do next. What are your next steps? (Only focus on this one problem at the moment if you have a lot of things that are bothering you.)

Third, write the next steps down on that same sheet of paper.

This activity always gets it out of my head and on paper. This way I am not thinking about it anymore. I am not as distracted because I have a plan of action and I know what needs to be done next.

This could be something that I need to learn, do, read, etc.


Best wishes,

Janie

Saturday, November 21, 2009

41 Days Left in 2009- Getting Out of Debt Challenge

41 Days Left in 2009

Activity #41

This activity will take you about 30 minutes to complete.

Would you consider yourself to be a positive person?

I read this quote recently and had to share it here: "If you aspire to the higher planes of success in life, you should become better acquainted with that great, powerful, positive self who lives in your body."

Digging deep and finding that positive person within yourself will get you everything that you want out of this life. My life has transformed because I am always looking for something even if it is small to be thankful for and to enjoy in this life. Somedays when I am really struggling with being positive I just am so thankful for this blog and for you.

Best wishes,

Janie

Friday, November 20, 2009

42 Days Left in 2009- Getting Out of Debt Challenge

42 Days Left in 2009

Activity #42

This activity will take you about 30 minutes to complete.

Do you have enthusiasm? Are you enthusiastic about your future life and attaining all of your goals?

Ralph Waldo Emerson once said, "Nothing great is ever achieved without enthusiasm."

I think the ability to stay enthusiastic about something is incredibly important especially when you are getting out of debt. By being enthusiastic you are able to tackle anything that comes your way because of your mindset. This helps when life throws adversity your way.

Are you ready for the weekend? You are doing so well with the challenge! Can you believe the year is coming to an end?

Best wishes,

Janie

Thursday, November 19, 2009

43 Days Left in 2009

43 Days Left in 2009

Activity #43

This activity will take you about 30 minutes to complete.

You have 43 days left in this year. What is the one thing you want to learn before the end of the year?

Best wishes,

Janie

Wednesday, November 18, 2009

44 Days Left in 2009- Getting Out of Debt Challenge

44 Days Left in 2009

Activity #44

This activity will take you about 30 minutes to complete.

Read this article: 10 Things The IRS Won't Tell You.

Best wishes,

Janie

Tuesday, November 17, 2009

45 Dayse Left in 2009- Getting Out of Debt Challenge

45 Days Left in 2009



Activity #45



This activity will take you about 30 minutes to complete.


Do you have hope?

According to Napoleon Hill, "Hope is the raw material with which you build success. It crystallizes into faith, faith into determination, and determination into action. It springs principally from your imagination, from your dreams of a better world, a better life, a better tomorrow."

Best wishes,

Janie

Monday, November 16, 2009

46 Days Left in 2009- Getting Out of Debt Challenge

46 Days Left in 2009

Activity #46

This activity will take you about 30 minutes to complete.

Are you a sincere person? Do you help others?

According to Napoleon Hill, "You can achieve your own goals in life by proving to others that you have a sincere desire to help them. If you do, you won't need to worry about lean times. You will have more clients or customers than you can handle."

Best wishes,

Janie

Sunday, November 15, 2009

Lovely Blog Award



Guess what?! I got my first blog award. I am so excited and so happy. Thank you very much Thena. Please go over and check out her blog it is fabulous: http://nanathena.blogspot.com/.



Now it is my turn to pass the award onto 15 blogs.



As it has been passed along to me, here are the rules of the "One Lovely Blog" award:

1. Accept the award


2. Post it on your blog together with the name of the person who has granted the award, and his or her blog link.


3. Pass the award to 15 other blogs that you’ve newly discovered. Remember to contact the bloggers to let them know they have been chosen for this award.


My 15 blogs are:































Thanks again to all of my blog readers. You all make this blog what it is.


Best wishes,


Janie



47 Days Left in 2009- Getting Out of Debt Challenge

47 Days Left in 2009

Activity #47

This activity will take you about 30 minutes to complete.

Do you have patience?

Patience is, the courage to change the things you can, the willingness to accept the things you cannot and the wisdom to know the difference.

Best wishes,

Janie

48 Days Left in 2009- Getting Out of Debt Challenge

48 Days Left in 2009

Activity #48

This activity will take you about 30 minutes to complete.

Do you have hope and faith that your dreams will come true?

As Thoreau said, "If you have built castles in the air, your work need not be lost; there is where they should be. Now put foundations under them."

Best wishes,

Janie

Friday, November 13, 2009

49 Days Left in 2009- Getting Out of Debt Challenge

49 Days Left in 2009

Activity #49

This activity will take you about 30 minutes to complete.

Do you believe that strength is built from struggle? Do you think because you are financially struggling right now that you will be stronger for it in the years to come? Do you think this debt experience will make you stronger or make you bitter?

These are important questions to ask yourself. Recently, I came across two quotes that I thought would be perfect with our questions today.

1. "Life, from birth to death, is literally an unbroken chain of ever-increasing, unavoidable struggle. The education we receive from the struggles we face is cumulative- we get it little at a time from every experience we encounter."

2. "The strongest trees in the forest aren't those most protected; they are those that must struggle against the elements and other trees- and surmount them- to survive."

I think this is great food for thought. Especially, since I personally have been struggling for weeks. I need to read these quotes often.

Best wishes,

Janie

Thursday, November 12, 2009

50 Days Left in 2009- Getting Out of Debt Challenge

50 Days Left in 2009

Activity #50

This activity will take you about 30 minutes to complete.

We have made it halfway! Yes. This is great.

Why do some people succeed and others fail?

According to Napoleon Hill, "The successful person knows precisely what he/she desires, has a plan for getting it, believes in his/her ability to get it, and devotes a major portion of his/her time to acquiring it. The failure has no definite purpose in life, believes that all success is the result of "luck," and moves on his/her own initiative only when forced to do so."

Best wishes,

Janie

Wednesday, November 11, 2009

51 Days Left in 2009- Getting Out of Debt 2009

51 Days Left in 2009

Activity #51

This activity will take you about 30 minutes to complete.

Do you have self-satisfaction in the work you are doing? How can you motivate yourself to succeed?

True success and motivation is marked by doing a good job and knowing that you have attained the goal that you set out for yourself.

For me I am a proud that I write daily entries on this blog and that I have been doing it for 5 months now. I get a lot of satisfaction knowing that I am helping a lot of people in the blog world. I want YOU to succeed.

This is why I have this blog and I give you these activities to do. To make you think about your life and money differently.

This is the way to success because getting out of debt isn't just about paying your bills it is about changing your relationship and mindset around money. We need to get to the root of the problem first.

Best wishes,

Janie

Tuesday, November 10, 2009

52 Days Left in 2009- Getting Out of Debt Challenge

52 Days Left in 2009

Activity #52

This activity will take you about 30 minutes to complete.

Are you in control of your own thoughts? Or do you let friends, family, society, etc. control you?

This is especially important with our spending habits. Why do you live a certain way? Why do we want certain material things?

You will never find peace unless you have control over your own mind and thoughts. The most profound fact concerning humanity according to Napoleon Hill is this: "The Creator gave us the complete, unchallengeable right of prerogative over one thing, and only one thing- our own mind."

I struggle with this because I want to always please others. What others think of me is so important?! Until recently, I have let others control me and my thoughts. It is something to think about because once you identify this trait in yourself you can start to change it or at least be aware of it. I believe this is one of the main reasons I got into all of my debt.

Best wishes,

Janie

Monday, November 9, 2009

53 Days Left in 2009- Getting Out of Debt Challenge

53 Days Left in 2009

Activity #53

This activity will take you about 30 minutes to complete.

Are you currently a drifter in life? Do you know what you want out of this life?

This is a very important and difficult question that needs to be answered and answered again throughout your life. Because there are no drifters to success. The ones who are successful knew what they wanted, made a plan, and stuck with it even when the difficulties arise. There will always be challenges in this life. Life is hard at times but that hard work makes us appreciate the good that much more.

Today make a commitment to yourself to end being a drifter. According to Lee Maranz a successful businessman, "If you have a strong belief in yourself, in what you are doing, and what you want to do, no adversity is too difficult to overcome."

Best wishes,

Janie

Sunday, November 8, 2009

54 Days Left in 2009- Getting Out of Debt Challenge

54 Days Left in 2009

Activity #54

This activity will take you about 30 minutes to complete.

What field do you want to become an expert in? What do you need to learn to become an expert in your field of choice?

Any person with a large knowledge base has spent hours and hours and hours building this knowledge (reading, studying, making mistakes and learning from them). As a result they become an expert in their field. Which in turn makes them a valuable asset in the marketplace.

We all want to keep our jobs so it is important to become an expert.

Happy Learning!

Best wishes,

Janie

Saturday, November 7, 2009

55 Days Left in 2009- Getting Out of Debt Challenge

55 Days Left in 2009

Activity #55

This activity will take you about 30 minutes to complete.

Read this article: 7 Women 5 Years Of Conquering Debt

Best wishes,

Janie

Friday, November 6, 2009

56 Days Left in 2009- Getting Out of Debt Challenge

56 Days Left in 2009

Activity #56

This activity will take you about 30 minutes to complete.

Has your relationship with money, debt, savings changed since you started this challenge?

Best wishes,

Janie

Thursday, November 5, 2009

57 Days Left in 2009- Getting Out of Debt Challenge

57 Days Left in 2009

Activity #57

This activity will take you about 30 minutes to complete.

Yesterday I asked you if you feared poverty. Why did I ask such a question? Well, I was reading a section in book about poverty and this is what it said,

"In tens of thousands of homes, the general topic of conversation is poverty and want, and that is just what they are getting. They think of poverty, they talk of poverty, they accept poverty as their lot in life. They reason that because their ancestors had all been poor, they too must remain poor. The poverty consciousness is the result of the habit of thinking of and fearing poverty." - Napoleon Hill

So, today focus on the positive and the accumulation of wealth. I have seen my life change by focusing on the positive. I am a very negative thinker and at times it takes my whole body and soul to make me think positive. I tell myself that everything in life is horrible and I suck and I am poor. But really everything in my life isn't horrible it is just my mind playing tricks on me.

Do you have the same negative self defeating thoughts? I am going to think happy and wealth accumulation thoughts today.

Best wishes,

Janie

Wednesday, November 4, 2009

58 Days In 2009- Getting Out of Debt Challenge

58 Days Left in 2009

Activity #58

This activity will take you about 30 minutes to complete.

Do you fear poverty?

Best wishes,

Janie

Tuesday, November 3, 2009

59 Days Left in 2009- Getting Out of Debt Challenge

59 Days Left in 2009

Activity #59

This activity will take you about 30 minutes to complete.

Read this passage and reflect on it today.

If you think you are beaten, you are.
If you think you dare not, you don't.
If you like to win, but you think you can't,
It is almost certain you won't.

If you think you'll lose, you're lost,
For out of the world we find,
Success begins with a fellow's will
It's all in the state of mind.

If you think you are outclassed, you are,
You've got to think high to rise,
You've got to be sure of yourself before
You can ever win a prize.

Life's battles don't always go
To the stronger or faster man,
But soon or late the man who wins
Is the man WHO THINKS HE CAN!

~ Napoleon Hill

Best wishes,

Janie

Monday, November 2, 2009

Thriving On Less E-Book

I just wanted to let you know of an ebook about living on less that I found on the Internet today.

Go here to download a free copy of the ebook, Thriving on Less.

Best wishes,

Janie

60 Days Left in 2009- Getting Out of Debt Challenge

60 Days Left in 2009

Activity #60

This activity will take you about 30 minutes to complete.

How can you transform your relationship with money?

Example: I will not let the thought of money rule my life. I will think of it as a resource and it does not define my self worth.

Best wishes,

Janie

Sunday, November 1, 2009

Questions for me

I thought it would only be fair if you got a chance to ask me questions. I am making you work with this challenge so I wanted to give you the opportunity to ask questions.

What do you want to know about me?
What are you curious about?

Here is a start-

My favorite color is blue.
I started reading blogs in 2006.
My goal is to be a millionaire by the age of 65.
I love pets.
I want to donate wedding dresses to brides-to-be.
I love to eat.
I am studying for the CFP exam.

Best wishes,

Janie

61 Days Left in 2009- Getting out of Debt Challenge

61 Days Left in 2009

Activity #61

This activity will take you about 30 minutes to complete.

What is your relationship with money? Does it give you anxiety, make you happy, make you feel rich, make you feel poor, etc.?

Best wishes,

Janie

Saturday, October 31, 2009

62 Days Left In 2009- Getting Out of Debt Challenge

62 Days Left in 2009

Activity #62

This activity will take you about 30 minutes to complete.

Do you have a "dollar amount limit" on yourself? What do I mean by this? For instance, if a purchase if over $200 than I have to discuss the purchase with my husband before going out and buying.

Therefore, I think it is important for us all to have a dollar amount in our minds that we will delay the purchase on. So, for me if it is above $50 I wait and think about it. This amount maybe more or less depending on your budget. It is basically giving you a technique/rule on yourself to delay and stop and think before buying.

Best wishes,

Janie

Weekend Quote #14- Small Things

"Great things are not done by impulse, but by a series of small things brought together."

~ Vincent Van Gogh
Great job this week! I am off to eat lots of sweets and some M&M's my favorite. Yummy!
Best wishes,
Janie

Friday, October 30, 2009

Free Fridays

It is that day again. Time to let you all know about the free things this Friday!

Here is the list:

Health-
You can receive 2 free Breathe Right Extra Samples if you go here. These are nice to have around the house just in case you get sick.

Go here for a FREE sample of Organic Aloe Mouthwash

Holiday-
Click here for 140 Free Custom Holiday Address Labels. Note: You will have to pay $3 shipping.

Click here for 100 Free Holiday postcards. Note: You will have to pay approximately $6 in shipping.

For Him-
Go here to fill out the simple form to snag a FREE sample of Tropical Breeze Fragrance For Him

For Baby & Children-
Free Mozart Musical Soup downloads for babies & toddlers HERE.

Free Sight Word Flashcards from Lakeshore Learning

Best wishes,

Janie

63 Days Left in 2009- Getting Out of Debt Challenge

63 Days Left in 2009

Activity #63

This activity will take you about 30 minutes to complete.

Remember my question from yesterday- If you didn't have to go to work today what would you do with your time today?

Today's question is-

Now, to the big question: Are your buying and spending habits making you work so hard that you can't have your ideal day? Meaning even if you wanted to have your ideal day from yesterday you wouldn't be able to.

Have you ever heard of the concept your money or your life?

Best wishes,

Janie

Thursday, October 29, 2009

64 Days Left in 2009- Getting Out of Debt Challenge

64 Days Left in 2009

Activity #64

This activity will take you about 30 minutes to complete.

If you didn't have to go to work today what would you do with your time today? (This is assuming that you work but if you don't work and you have some other obligation substitute that for this activity.)

Example:

I would get up,

exercise,

catch up on reading all of the blogs that I follow (by the way I try to visit all of you my blog followers with blogs if I haven't left a message or I have missed you please let me know I want to give you blog love too),

make some coffee,

write a month's worth of blog posts,

relax, and read.

I just want to be able to catch up. I feel like I can never catch up on all that I have going on in my life. Maybe it is me.

Best wishes,

Janie

Wednesday, October 28, 2009

Holiday Gift Ideas- Part I

This is Part I of my gift giving series for those of us on a budget or in debt this holiday season. It is time to get creative with gifts for our family and friends. We love them and want to put in extra thought this year. Right?! It is going to be wonderful.





Part I- 5 Gift Ideas for Under $5.00



1. For the caffeine lovers in your life- Starbucks VIA Ready Brew or (Note: On the website the price is $9.95, however, if you purchase them at your local Starbucks you can get a pack of three for $2.95. This is the price at mine but it may differ depending on where you live.)



2. For those paper & pen note writers in your life- Return Address Labels starting at $3.99 and Note Pads starting at $4.49 (Note: Remember to factor in shipping and any taxes into your cost).



3. For those who need a mini calendar- go here these are as low as $3.49.



4. For those who like candles and a nice smelling house- you can get tart and votive candles at Yankee Candles for under $2.



5. For those who love sweets- make some cookies, candy, or buy them from the grocery store but make sure all the ingredients are within your budget. You could also have a baking party with a friend and split the grocery bill. This way you save money on groceries and make memories and with your friend while baking.


You can also write a hand written letter of love and appreciation. I know for me a hand written note is very meaningful. It shows that you care and that you took the time to write it.


Another idea is to provide a FREE service to them like you clean their car, babysit their children for an evening, set up a free blog service for them, etc.


Next up will be Holiday Gift Ideas for Under $10, $15, $25, and $50. Happy Holiday Planning! I sincerely hope this series is helpful to you with ideas and to curb any holiday anxiety.



Best wishes,


Janie


P.S. I have received numerous emails about how you can monetarily contribute to this site. I am deeply touched. However, at this time I am not accepting donations. If you want to contribute or if a loved is planning on purchasing their gifts from Amazon this year have them click on this link here:





I will get a percentage of whatever is purchased. That is very thoughtful that you are thinking of me like that. I do spend hours on this blog and I know you all can tell! Thanks again you are all so wonderful for thinking of me in that way!

P.S.S. If you are reading this in Google Reader you may need to come to my actual site to get to some of the links in this blog post.

65 Days Left in 2009- Getting Out of Debt Challenge

65 Days Left in 2009 Activity

#65 This activity will take you about 30 minutes to complete.


Why do you want? What is your motivation to do so? Are you sucked into buying because of advertising?


Here is a quote that I found recently by Dave Barry:

"Another possible source of guidance for teenagers is television, but television's message has always been that the need for truth, wisdom and world peace pales by comparison with the need for a toothpaste that offers whiter teeth and fresher breath."

Are you simply wanting because of all the hype and advertising that surrounds you on a daily basis?


Best wishes,

Janie

Tuesday, October 27, 2009

66 Days Left in 2009- Getting Out of Debt Challenge

66 Days Left in 2009

Activity #66

This activity will take you about 30 minutes to complete.

Do you like to play in the snow? Do you make snowballs?

Welcome to the law of the accumulation of riches! "A snowball starts very small, but it grows as it adds millions and millions of tiny snowflakes and continues as it adds millions and millions of tiny snowflakes and continues to grow as it gathers momentum." - Brian Tracy

3 Areas Where the Law of Accumulation is important:

1. Area of knowledge
2. Saving your money
3. Experience- you gain experinece from making mistakes and you will find that the most successful people make lots of mistakes and then learn from them

Thanks for all of your great comments about the challenge. I will continue it! I am so glad that I am helping so many. It really makes me feel good inside. I hope your day is wonderful today.

Best wishes,

Janie

Monday, October 26, 2009

Do you want me to continue the 100 Day Challenge?

It is time for my first poll on this blog. I have been seriously considering discontinuing the 100 Day Challenge because the participation and general blog activity has slowed down since I started the 100 Day Challenge.

Please come to my site and vote! I would love to get your input. The poll is at the top right of my page.

I really appreciate your vote and input. I want to make this site is the best it can be and your input will do just that.

Best wishes,

Janie

Sunday, October 25, 2009

67 Days Left in 2009- Getting Out of Debt Challenge

67 Days Left in 2009

Activity #67

This activity will take you about 30 minutes to complete.

Read this article: Save or Pay Down Debt?

This is a frequently asked question. I think you should do both. Pay down your debt and also put money aside in savings. In this economy, I think it is a smart move to have some savings. You want that safety even if it is only $1,000.

Life happens and expenses come up.

Best wishes,

Janie

68 Days Left in 2009- Getting Out of Debt Challenge

68 Days Left in 2009

Activity #68

This activity will take you about 30 minutes to complete.

Read this article:

Ten Things Bankruptcy Court Will Not Tell You

Best wishes,

Janie

My new CFP Blog Is Up!

Guess what?! I have been busy this weekend. I started another blog this weekend. It is going to dedicated to studying for the Certified Financial Planner (CFP) Exam. If you want to check it out and follow along you can go here. I will post about once or twice a week on that new blog.

I love the weekends because I get to relax and catch up.

Best wishes,

Janie

Saturday, October 24, 2009

69 Days Left in 2009- Getting Out of Debt Challenge

69 Days Left in 2009

Activity #69

This activity will take you about 30 minutes to complete.

Read this article: Ten Things Banks Will Not Tell You

Best wishes,

Janie

Friday, October 23, 2009

Free Stuff Fridays...

Here is around up of all of the free stuff I found for this Friday, October 23, 2009. Go check them out and maybe you can start getting some free things for holiday gifts, gift baskets or stocking stuffers, etc.

Happy Friday and Free Stuff! My free stuff post from last week was a big hit so I am going to continue to do it.

Free Photo Prints:
Get 100 FREE prints from Fuji Seehere! You can get your prints HERE, use promo code "prints" at checkout.

Free Makeup:
Use this coupon HERE to get a free sample of Lorac Tantalizer bronzer or Lorac liquid lipstick at the Sephora counter at JcPenney.

Free 2010 Calendar:
Get a free 2010 Health & Wellness Calendar HERE.

Free Magazine subscription:
Get a free 1 year subscription to Business Week magazine HERE.


Free Food:
On Saturday, October 24, 2009, you can take this coupon into any Barnes & Noble and you can get a free small cookie and kid's-sized hot cocoa. There is no purchase necessary.

Sign up to get your free sample of Nestle Abuelita HERE.

If you have a Food Lion Grocery store nearby. They have a dozen eggs priced at $0.88 this week. Use this $1/1 Food Lion printable to get them free.

Free Lotion Product:
If you have unlimited texting, text MYSKIN to 467467 on your cell phone for a free sample of Lubriderm Lotion.

Best wishes,

Janie

Weekend Quote #13- Discipline

To my dear blog readers,
I know disciplining myself can be so difficult sometimes so I need this quote right now. I thought it would be a good one to share with you too.
"Disciplining yourself to do what you know is right and important, although difficult, is the high road to pride, self-esteem, and personal satisfaction. "

~ Brian Tracy
Best wishes,
Janie

70 Days Left in 2009- Getting Out of Debt Challenge

70 Days Left in 2009

Activity #70

This activity will take you about 30 minutes to complete.

Have you ever regreted saving too much?

For me the answer is no. But I know that I have regreted spending too much many times. Isn't it funny how that works. I think more banks should have that as their marketing line. "NO ONE ever regreted saving too much!"

I would love to hear from you.

Best wishes,

Janie

Thursday, October 22, 2009

71 Days Left in 2009- Getting Out of Debt Challenge

71 Days Left in 2009

Activity #71

This activity will take you about 30 minutes to complete.

What is the one thing you would like to tell your past self?

Example: You did the best that you could with what life handed you at the time.

Best wishes,

Janie

Wednesday, October 21, 2009

72 Days Left in 2009- Getting Out of Debt Challenge

72 Days Left in 2009

Activity #72

This activity will take you about 30 minutes to complete.

What is the one thing that you would want to tell your future self?

Example: I want to tell my future self that all of the sacrifices I am making today will be worth it.

Best wishes,

Janie

Tuesday, October 20, 2009

A journal entry that I wrote while I was in debt...


{via}

I was a big dreamer while I was in debt (even when I was doubting myself and my abilities). This is the key part of my getting out of debt journey, staying on track, and staying disciplined even when I didn't think I could do it any longer.

I am an even bigger dreamer now because I know that thoughts become things and dreams do come true. This is why it is important to guard your mind from those negative thoughts, influences, people, etc. Here is my journal post from December 29, 2007 (this is another good reason for keeping a journal because you get to look back and see how far you have come).

Now to my journal entry:

On Saturday, December 29, 2007 I was walking downtown in Georgetown when I decided that I needed to withdrawal some money from the ATM. The first ATM didn't work but I did find a receipt that I have glued to the right (this is my actual journal sorry I don't have a scanner) of the page. I looked at the receipt and the account balance was $19, 706. 45 and I instantly decided that I wanted to make that a goal. So, I took the receipt and will keep it forever. I felt a big rush when I saw that this person had a balance of $19,706.45. It just seemed like such a dream to me because I usually have like $50 to $100 in my account at one time. Obviously, the $19, 706.45 is much different. Maybe to this person with a balance of $19, 706.45 it isn't much (I was in a wealthy part of town when I found this), who knows but I was inspired and I will continue to keep this amount as a goal for myself.

Fast forward almost 2 years and guess what! My bank account balance is $18, 450. I plan on posting the exact amount when I reach it here on this blog. I am telling you this story because I want to reinforce that dreams do come true and to give you hope.

I am not bragging or trying to say look at me while you are struggling at this moment. I am letting you know that no matter what your circumstances are right now or how bad it appears to be keep your hope and dreams alive. I would never have believed two years ago that I would be writing this blog post now.

Also, I got a lot of feedback about my post from yesterday. I plan to continue to talk about my struggles and how I am dealing with them.

I am currently putting together a post about holiday gift ideas for those in debt and on a budget this year. I will post this next week or the following week. This way you will have time to plan and make the ideas on the list if you would like.

Best wishes,

Janie

73 Days Left in 2009- Getting Out of Debt Challenge

73 Days Left in 2009

Activity #73

This activity will take you about 30 minutes to complete.

Check your credit report by requesting a free credit report.

This is an important activity to do! I check my annually on January 19th. I picked this day so I would never forget to do it and it is the same day every year.

Best wishes,

Janie

Monday, October 19, 2009

My mental breakdowns....

I have talked briefly about my debt breakdowns but I would like to talk about them a little more in this post. It is a timely post because I am having a little bit of a breakdown myself these days. The reasons for my recent breakdown include: feeling helpless, past regrets, and being over programed.

I feel helpless because of the economy and a family member close to me is very sick. I am praying so hard I feel like my heart is about to burst. I pray every morning for those on my getting out of debt prayer list and I truly want everyone to be out of debt and feel peace inside.

I know from the depths within myself that I can only do so much and I am trying so hard in so many areas of my life. Then I am walking on the treadmill yesterday during a break at work and CNN is on the television in the gym. At this particular time, there is this whole program on about how credit card companies are increasing minimum payments from say $100 to $500.

Is this happening to you?

I just was so angry when I saw this because this poor family had $18,000 in debt and they had been paying their monthly payment of $300 and then their credit card company decided that they weren't paying fast enough so they increased it to $900 a month. Now, this family can't afford to pay the monthly minimum payment. I feel so helpless. I truly hope that my blog is helping you but I can't do anything about those credit card companies. I am truly sorry.

This brings me to why I am blogging today. While I was in debt I had these feelings of regret, depression, sadness, anger, shame, negative thoughts, etc. on a regular basis. To this day, I can't believe that I am out of debt because I had so many doubts and negative thoughts. I was angry at everything and I was angry at myself. I obsessed over the amount of debt that I had and I checked my balances way too often to be healthy.

I am here today to give you hope. To let you know that you can get out of debt and you will get out of debt. I know it. I understand how hard it is and I can only imagine how you feel right now. Please, please don't give up.

I know this can be easier said than done because like you I struggle too. I am struggling right now inside. In the next couple of weeks, I am starting too new blogs to work out these struggles and some of my dreams.

The blogs are going to be:

1. Follow me while I study for the Certified Financial Planner (CFP) Exam
2. My quest to live positively (this is due to my recent breakdown) I need to be more positive!

I will let you know when these blogs are up and running. If you want to follow along with these blogs as well you are more than welcome. It will be triple the Janie! :)

Are you having breakdowns? Or do you have a lot of negative self talk that you need to work on?

Best wishes,

Janie

74 Days Left in 2009- Getting Out of Debt Challenge

74 Days Left in 2009

Activity #74

This activity will take you about 30 minutes to complete.

Do something for yourself today that doesn't cost any money...

Example- take a nice long walk and look at all of the trees, flowers, etc. around you.

Best wishes,

Janie

Sunday, October 18, 2009

What is your financial mindset?

So, I thought this story was really great about your financial mindset. I found this in a Napoleon Hill newsletter that was sent out. I am quoting the entire story here because I think it is amazing. My hope is that you get as much out of it as I did.

It is all about your mindset. I know this is true in my own life. Please read the story below.


Financial Mindset
By Koren Motekaitis

Think and Grow Rich is Napoleon Hill's book. And is also the tagline for my own life. Due to a catalytic event in my life, my financial mindset immediately changed at 21. I had decided that I was going to become financially independent. I informed my future husband and he shot me down quickly saying "that is not possible for us. We are swim coaches." I did not listen to him I just found evidence to prove to myself that regardless of my income I could have financial abundance in my life. During my twenties I read every financial book about creating wealth, joined a couple of investment clubs, maximized my earnings either by working a couple of jobs or increasing my education to move higher up on the pay scale, made conscious choices with my money and saved and invested.

Did I always have this mindset? Absolutely not! I grew up with people who struggled with money. My father was an entrepreneur and brilliant inventor with 7 United States patents, however he did not truly believe financial abundance could be in his life. This created financial turbulence in our household with two bankruptcies. Growing up the message I learned was money was hard to come by and was not for people like us.

Off to university I went. I did not know how I was going to pay for my education, but that never held me back. I figured out a way to finance my education via student loans, work study and a couple of jobs all the while as a student-athlete (chose non-scholarship school) training and competing 20 hours a week.


My catalytic events occurred when I was 21 and finishing up university. During my final year I volunteered as the men's assistant swim coach (later was paid). The head coach was independently wealthy. He loved coaching and did it for pure joy not for the money or need. That was my first exposure to someone that I actually knew who was wealthy and made a choice about how he wanted to spend his time. A couple of months later I took a personal finance course and learned the foundation of money. Those two events caused the catalytic shift in my mind that opened up what was truly possible for my life.

Once I believed that I could become wealthy my mindset shifted. Unlike my parent's mindset coming from lack, I was excited about the money I did have. I was hoping to graduate and make $18,000 a year. That would be twice what I had been living on and paying for college. It is all perspective and to my 21-year-old self that was a lot of money. Well I was soon making $38,000, then $54,000, then $78,000, climbing well over 6 figures.

The other key to my financial success has been regardless of my income I always felt like I had a lot of money because I had clarity on what I wanted to achieve. Since I was clear with my financial goals, I was able to make conscious choices about my spending decisions. Again I was coming from a place of choice, not a place of lack. Big difference.


I share my journey with you as an example that when you decide on something in your life you can change the trajectory of your life. Due to the catalytic events when I was 21 years old I was able to change my financial mindset from "money is hard to come by" to "I am going to create financial independence for myself and my future family." During the past 16 years I have not felt "lack" with money. I felt empowered when making financial choices. Each year it has been fun to watch my wealth build. This all happened not because I was a high-income earner working in finance or sales, but because I studied money, worked hard (sometimes multiply jobs), saved, invested and was conscious of my money choices. I invite you to use my journey as evidence that if you change your financial mindset you too can change your relationship with money.

What do you think?

Best wishes,

Janie

Weekend Quote #12- The future depends on...

To my loyal blog readers this is for you-

The future depends on what we do in the present.
- Mahatma Gandhi
Best wishes,
Janie

75 Days Left in 2009- Getting Out of Debt Challenge

75 Days Left in 2009

Activity #75

This activity will take you about 30 minutes to complete.

What is your progress so far?

How much debt have you paid off or how much have you been able to save in an emergency fund?

How are you tracking your progress? Is this working for you? Are you staying disciplined? If not, then why not?

Today, is a day to reflect on what is working and what is not. Many times I need to look over something new that I am trying to see if it is really working.

I know that many of you are finding this activity hard to keep up with (I am getting emails about it). Don't feel bad because part of this whole exercise is to keep you disciplined for 100 days. Maybe this activity is identifying many important things and maybe not. Either way it is a learning experience for us all. Including me!

Best wishes,

Janie

Saturday, October 17, 2009

76 Days Left in 2009- Getting Out of Debt Challenge

76 Days Left in 2009

Activity #76

This activity will take you about 30 minutes to complete.

Make a list of 5 financial words that you don't know the meaning of. Look them up and write the definitions down.

You are doing so well! Keep up the good work.

Best wishes,

Janie

Friday, October 16, 2009

77 Days Left in 2009- Getting Out of Debt Challenge

77 Days Left in 2009

Activity #77

This activity will take you about 30 minutes to complete.

Make a list of 5 financial books you want to read.

Come back and let me know which ones they are. We can read them in our book nook club. :)

Best wishes,

Janie

Thursday, October 15, 2009

Free Stuff...

The weekend is almost here and you all have been doing so well with the 100 day getting out of debt challenge. I thought it would be a good time to give you some free reward ideas that I just found.

If you are in need of a FREE Universal Remote you can get yours for free from Staples. You just have to do rebate form but it can be done online.

Buy 1 GE 4-Device Remote for $14.99 Get $5.00 in Instant Savings Pay $9.99 and Submit for $10 Mail in Rebate= FREE after Rebate!!!!

Make sure to Go here to to submit all your information online otherwise it isn't free.

Also, if you fill out a survey you can get a free magazine subscription to Town & Country.

Go here for the free magazine subscription: http://www.rewardsgold.com/mags/tnc/sg_towncountry_pg1.htm

It is always nice to get some free stuff. Even if Town & Country isn't your thing you could always give it away as a gift or donate it to a local school or library.

Just a thought. I wanted to give you some FREE rewards for the weekend. You need to act now on both of those deals because they expire soon (I think they expire this week)!

Best wishes,

Janie

78 Days Left in 2009- Getting Out of Debt Challenge

78 Days Left in 2009

Activity #78 This activity will take you about 30 minutes to complete.

Read this article it is a good one: http://www.smartmoney.com/personal-finance/debt/which-financial-planning-web-site-is-best-for-you/

Do you use a financial planning website?

Best wishes,

Janie

Wednesday, October 14, 2009

79 Days Left in 2009

79 Days Left in 2009

Activity #79

This activity will take you about 30 minutes to complete.

Make a list of long term goals (11 to 25 years).

For example: 1. Save $400,000 for retirement. 2. Buy beach house.

Best wishes,

Janie

Tuesday, October 13, 2009

My messy purse contributed to my debt....

So, when I was in debt I had the messiest purse. It looked like a bomb exploded in there. No JOKE!

I couldn't find anything and I had way too much stuffed in my little purse. I am a firm believer that a messy purse says a lot about how you handle your life and finances. I am smart but boy was I scattered. I didn't have a process and it cost me a lot of money. How did I finally get this under control?

1. I made a list of everything that was in my purse.
2. I made a list of everything that I actually needed: wallet, cell phone, Metro card, etc.
3. I started to realize that I didn't have a process for receipts, papers, make-up, etc.
4. I visualized the type of purse that I wanted to have.

Honestly, my purse is much better but it isn't perfect. I still have a hard time putting things back in the correct place. I just feel rushed at the grocery store for instance. I never want to make anyone wait behind me for too long so I just throw my money in my bag and leave. But then it takes me more time to find the money that I threw into my purse.

Does anyone else do this? I am curious because I think having an orderly purse or wallet is a key to the getting out of debt puzzle.

Best wishes,

Janie

80 Days In 2009- Getting Out of Debt Challenge

80 Days Left in 2009

Activity #80

This activity will take you about 30 minutes to complete.

Make a list of mid term goals (6 to 10 years).

For example:

1. Save $21,000 in my emergency fund.
2. Have my business up and running.

Best wishes,

Janie

Monday, October 12, 2009

81 Days In 2009- Getting Out of Debt Challenge

81 Days Left in 2009

Activity #81


This activity will take you about 30 minutes to complete.

Make a list of short term goals (1 to 5 years).

For example here are my short term goals.

1. Study for CFP exam.
2. Write everyday for the next 5 years.
3. Walk outside every morning.

How are you doing? You are doing so great and I am sure you are learning a ton about yourself.

Best wishes,

Janie

Sunday, October 11, 2009

Weekend Quote #11

Dear Blog Friends,

I just got back from my trip and back to my computer! I realized that I didn't post a weekend quote. See what happens when I go on vacation. Ha! I hope you had a great weekend.

So, here is the quote to get your week started...


"The harder you fall, the higher you bounce."
~ Anonymous

Are you liking the 100 day challenge? Do you want me to post more content besides just the challenge?

Best wishes,

Janie

82 Days In 2009- Getting Out of Debt Challenge

82 Days Left in 2009

Activity #82

This activity will take you about 30 minutes to complete.

How much money did you spend eating out this weekend?

Well, I am on vacation this weekend so I have spent way too much and way more than my usual amount. I have spent $250.00 on eating out.

Best wishes,

Janie

Saturday, October 10, 2009

83 Days In 2009- Getting Out of Debt Challenge

83 Days Left in 2009

Activity #83

This activity will take you about 30 minutes to complete.

How are you tracking your progress?

This is how I tracked my progress. You can go here and take a look at it and determine a way that you will track your progress.

Best wishes,

Janie

Friday, October 9, 2009

Janie Out of Debt- Book Nook

Welcome to Janie Out of Debt's Book Nook Club

This is a place to come and learn about different financial and personal development books. You can join in and read any of the books that interest you at any time.

Currently Reading:


Past Reading:

Chapter 1

Chapter 2

Chapter 3

Chapter 4

Chapter 5

Chapter 6

Upcoming Reading:


Many of you are learning so much from these book nook posts and that makes me delighted. You are such wonderful and loyal blog readers. You all are working very hard and you will have financial freedom if you continue reading, learning, and growing. I know it because that is what has happened in my own life.

Never, never, give up!

Best wishes,

Janie

84 Days In 2009- Getting Out of Debt Challenge

84 Days Left in 2009

Activity #84

This activity will take you about 30 minutes to complete.

What are you going to tell yourself when you feel discouraged?

Example:

This feeling will pass it is only temporary.

Best wishes,
Janie

Thursday, October 8, 2009

85 Days In 2009- Getting Out of Debt Challenge

85 Days Left in 2009

Activity #85

This activity will take you about 30 minutes to complete.

What are you going to tell yourself the next time you get jealous or feel envy?

For example: I am going to focus on my own life and how far I have come and how hard I work. I will focus on my own life not the lives of others.

Best wishes,

Janie

Wednesday, October 7, 2009

10 Personal Finance Traits That Can Make You Rich

The following 10 traits can make you rich! How about that to start a blog post off? I found these traits in an article on TheStreet.com.

The 10 traits are:

1. Patience: is one of the most important traits when it comes to saving money. You need to wait until something you want fits into your budget or you save up for it. Therefore, you save for something instead of immediately putting it on your credit card.

2. Satisfaction: when you are satisfied there is no reason to spend money on non essentials. Once you are satisfied with your life and what you have you will no longer feel the need to live like those on TV. Your finances will be in better shape too!

3. Organization: an important key to success. Every highly successful person that I know is organized with their time, money, and life.

4. Discipline: you need the discipline to continue to pay down debt and save for those long-term goals. Many people really struggle with the discipline and sticking to something part. This is what sets the successful individuals apart from all the rest.

5. Reflectiveness: it is important to be able to reflect on your decisions and determine if the consequences were a good thing or not.

6. Creativity: thinking "outside the box" is important because sometimes circumstances come up and you need this creative thought to change a situation around for the better.

7. Curiosity: having curiosity helps you learn, grow, study and improve yourself.

8. Risk-Taking: to build wealth you need to learn to take some risks. Just not too much risk!

9. Goal-Oriented: you need future goals because if you don't know where you are going then how are you going to get there in the first place.

10. Hard-and Smart-Working: creating wealth, staying out of debt, and getting out of debt requires a lot of hard work!

Do you already possess some or many of these traits? If so, then I would say you are well on your way to financial freedom. I personally have a hard time with the whole patience thing!

Best wishes,

Janie

86 Days In 2009- Getting Out of Debt Challenge

86 Days Left in 2009

Activity #86

This activity will take you about 30 minutes to complete.

What profitable skills do you have? These are skills that can make you money.

For example:

I can make money from my writing and writing skills.

Best wishes,

Janie

Tuesday, October 6, 2009

Chapter 6- The Gold Lender of Babylon

Can I just tell you that I think you all are the best blog readers ever?! I mean that from the bottom of my heart. You all are so kind and I love hearing from you.

You are doing so well with this 100 day challenge. Today, I am going to discuss our next chapter in the The Richest Man in Babylon. You are welcome to join in and start reading the book. Below is a link to the book:




This chapter is all about lending money and how you should handle lending money. As a personal side note, I don't lend money. If someone is hungry and needs food then I will buy them groceries or give them a place to stay until they are back on their feet but I don't lend money. I give help in other ways. Those are my boundaries.

Characters:

Rodan- the spearmaker of old Babylon

Mathon- the lender of gold and dealer in jewels and rare fabrics

Araman- Rodan's sister's husband


Main Points:

1. Safest to loan to are those whose possessions are of more value than the one they desire.


2. Loan to those who have the capacity to earn (these loans are based on human effort)

3. Loan to those who are guaranteed by good friends (co-signers)

Quotes:

"If you risk losing it you risk losing all that it would earn as well." page 87

"Gold, you see, Rodan, is the merchandise of the lender of money. It is easy to lend. If it is lent unwisely then it is difficult to get back. The wise lender wishes not the risk of the under taking but the guarantee of safe repayment." page 84

Take Home Points:

There is more to borrowing and lending than the passing of gold from the hands of one to the hands of another.

Better a little caution than a great regret.

If you desire to help a friend do so in a way that will not bring thy friend's burdens upon thyself.

Best wishes,
Janie

87 Days In 2009- Getting Out of Debt Challenge

87 Days Left in 2009

Activity #87

This activity will take you about 30 minutes to complete.


How are you going to delay gratification today?

Example: I am not going to buy anything on the Internet today. It is too easy to spend money on the Internet these days.

Best wishes,


Janie

Monday, October 5, 2009

88 Days In 2009- Getting Out of Debt Challenge

88 Days Left in 2009


Activity #88


This activity will take you about 30 minutes to complete.


Do you believe deep down inside that you can get out of debt? (Yes or No)

I know that beliefs are a key part of success. If you have helpful beliefs about yourself then you will succeed. If you have unhelpful and self defeating beliefs then you usually self sabotage and eventually give up. I have done this so much in my own life. I have this little negative voice in my head that says, "no you can't do it." I have internal battles with myself.

If you answered, NO to the above question then please repeat this all day long today: I am smart enough and I am determined to be financially free.

Best wishes,

Janie

Sunday, October 4, 2009

Self-Control and Money

A lot of my past personal money problems stem from a lack of self control. I prefer "weakness of will" but really they pretty much mean the same thing. My natural impulsivity got me into this mess. I would let my desires at the present moment get in the way of my future goals.

You may ask, "how do you finally over come this?"

Two things:

1. My husband is a saver. He means the world to me and I wouldn't want to do anything to damage our relationship so I have to control my impulses. Oh sure it is hard. It is very hard in fact but I don't want to be dishonest in my marriage and hide charges. I have a lot of respect for my husband so this puts my self control in check.

2. My faith. I think about all of the people out there who don't have as much as me and realize that I really don't need all of that fancy stuff that I see on TV. I have been blessed with my education and my mind. I see the beauty in everything. I don't need a lot of stuff to make me happy and I don't need a lot of stuff to impress others.

I had to shift my thinking. Since I have been out of debt I look at the world differently. I look at the world with positive eyes and positive beliefs. I have to because my negative way of thinking was hurting me and my finances.

I hope this helps you. How do you create self control for yourself?

Best wishes,

Janie

89 Days In 2009- Getting Out of Debt Challenge

89 Days Left in 2009



Activity #89



This activity will take you about 30 minutes to complete.

From your list of bad habits, what bad habits are getting in the way of your financial independence? What habits contribute to your debt accumulation? What habits don't help you get out of debt?

Best wishes,

Janie

Saturday, October 3, 2009

90 Days In 2009- Getting Out of Debt Challenge

90 Days Left in 2009

Activity #90

This activity will take you about 30 minutes to complete.

What are your bad habits?

For Example:

Gambling
Smoking
Biting Nails

Don't worry you don't have to come back here and post your bad habits. You can keep those things private. :o) My example habits from above are just examples and they are not my bad habits. I will probably talk about my bad habits over time here on the blog.

Best wishes,

Janie

Friday, October 2, 2009

Weekend Quote #10- The only way...

"The only way around is through."

~ Robert Frost
I hope you all have a nice weekend. If you need to catch up on the last couple of days, I hope you will give yourself an hour or so to complete the activities this weekend.
Best wishes,
Janie

91 Days In the 2009- Getting Out of Debt Challenge

91 Days Left in 2009

Activity #91

This activity will take you about 30 minutes to complete.

From yesterday's list of good habits make note of the habits that support your getting out of debt goal.

For Example:

During my 1 hour commute time I am listening to my podcasts about finance. So, I am trying to utilize that boring/annoying time spent sitting in traffic to better myself and my finances.


What are your habits that support your getting out of debt goal?

Best wishes,

Janie

P.S. I am also doing a few last 100 day challenges that I put together for myself. I am a few days behind on my own personal challenges. So, don't feel bad if you are behind. I am going to use the weekend to catch up because this week has been busy for me. You can do the same thing if you need to.

I just don't want anyone to feel behind or overwhelmed by all these little daily tasks.

Thursday, October 1, 2009

92 Days In 2009- Getting Out of Debt Challenge

92 Days Left in 2009


Activity #92


This activity will take you about 30 minutes to complete.


Write down all of the time you spent doing your daily activities today.

For Example:

1.5 hours getting ready for work

1 hour commute time

20 minutes make lunch and breakfast

45 minutes walking outside

9 hours sleeping

Come back here and let me know how much time you spend on your daily activity.

Best wishes,

Janie

Wednesday, September 30, 2009

Chapter 5- The Five Laws of Gold

We are half way through the book! Are you enjoying it so far? Ready to dive into Chapter 5?

For those of you who are new to this blog we are reading The Richest Man in Babylon right now. You are welcome to join in and start reading the book. Below is a link to the book:




Characters:

Kalabab- storyteller, tells of the story between Arkad, the wise rich man and his son Nomasir

Main Points:

The 5 laws of gold:

1. Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.

2. Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.

3. Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling.

4. Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.

5. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.

Quotes:

"Gold is reserved for those who know its laws and abide by them." page 59

"Our wise acts accompany us through life to please us and to help us. Just as surely, our unwise acts follow us to plague and torment us. Alas, they cannot be forgotten. In the front rank of the torments that do follow us are the memories of the things we should have done, of the opportunities which came to us and we took not." page 73

Take Home Points:

Arkad wanted to make sure that Nomasir knew how and understood the handling of money.

If you don't know how to handle money than any amount of money will be spent or wasted.

His father gave him a test to make him experienced with the handling and care of money.

Do you want to become more experienced with money? Do you feel more confident now that you are learning these money rules?

Best wishes,

Janie

93 Days In 2009- Getting Out of Debt Challenge

93 Days Left in 2009

Activity #93

This activity will take you about 30 minutes to complete.


Make a list of all of your good habits.

Example:

Floss teeth every night

Walk outside for 45 minutes each day

Read for 1 hour each day

Now, let everyone know the good habits that you are proud of! These are the habits that improve your life.

Best wishes,


Janie

Tuesday, September 29, 2009

94 Days In 2009- Getting Out of Debt Challenge

94 Days Left in 2009


Activity #94


This activity will take you about 30 minutes to complete.


Make a list of all of your credit cards, 1-800 numbers on the back of your cards, website, bill payment date, and the amount you owe on each card.

Example:

Banana Republic Credit Card

1-800-999-0000 (not real number just an example)

15th of every month my bill is due

$536.00 I owe for this upcoming month

Best wishes,



Janie

Monday, September 28, 2009

95 Days In 2009- Getting Out of Debt Challenge

95 Days Left in 2009


Activity #95


This activity will take you about 30 minutes to complete.


Write down how you feel when you are spending money.

Example:

I feel anxious when I spend money on myself because I feel like I should be spending money for someone else in my family. I also know that I have a lot of bills to pay so buying something for myself takes away from paying the bills. This ends up making me feel bad about myself. I know it shouldn't but it does.

Please come back and share how you feel about spending money. We are all learning so much from each other. I am getting emails daily about how much this is helping and how much you all are having fun with this activity. I am so happy!

Best wishes,



Janie

Sunday, September 27, 2009

96 Days In 2009- Getting Out of Debt Challenge

96 Days Left in 2009

Activity #96

This activity will take you about 30 minutes to complete.

Write down everything that you spend money on today. Keep a piece of paper in your wallet or purse to write down all of the money that you spent today.

Example-

McDonald's- Breakfast sandwich meal $3.59

Exxon- Gas for car $38.75

Gap- T-shirt for myself $15.00

Once you are complete with this activity come back here and let me know what you learned about your spending habits for the day. As always this can be an anonymous comment.

You are doing so well! Keep up the great work.


Best wishes,


Janie

Saturday, September 26, 2009

97 Days In 2009- Getting Out of Debt Challenge

97 Days Left in 2009

Activity #97

This activity will take you about 30 minutes to complete.

Setup your automatic bill pay to pay between $1 to $10 a day towards your credit card debt or into a saving account. Make the duration be from 9/26/2009 to 9/26/2010.

DO NOT STOP paying your monthly balances. This is intended to be in addition to the money you are already paying towards your monthly bills.

For example:
If you save $10 X 365 days you will have $3650 in savings in 1 year. This can be whatever amount you can afford at this time. If it is only a penny a day that is fine because it just gets you into the habit of automatically saving or paying down your debt without having to think about it.

This technique helped me so much because I didn’t have to think about it because it was automatic. I didn’t even miss that money in the end.

Come back here and comment the automatic amount that you have picked ($1, $2, $3, etc). You can always comment anonymously.

Best wishes,

Janie

Friday, September 25, 2009

Weekend Quote #9- You are today...

To my dear readers,

I don't know about you but I am so excited that the weekend is finally here! The quote for this weekend is:

"You are today where your thoughts have brought you; you will be tomorrow where your thoughts take you."
~ James Allen
I hope have a very nice weekend. I am going to go now and make those outrageous brownies!
Best wishes,
Janie

98 Days Left in 2009- Getting Out of Debt Challenge

98 Days Left in 2009

Activity #98

This activity will take you about 30 minutes to complete.

Write out 5 steps that will help you attain your getting out of debt goal.

Example:
1. Get a second job.
2. Sell items around the house on eBay.
3. Stop smoking (save the money you would spend on a pack of cigarettes).
4. Automatically pay $3 a day towards your debt.
5. Stop using your credit cards.

Write these steps down on a piece of paper and put this in a place where you will see it every morning and evening before going to bed.

Next, come back here and put your 5 steps that will help you attain your getting out of debt goal in the comments section. You can leave an anonymous comment if you would like. This way you are making your steps publicly known and this will make you more accountable because other people know your steps now. I promise that extra accountability will keep you on track and moving forward.

Best wishes,

Janie

Thursday, September 24, 2009

Favorite Dessert Recipe

Before I get to the recipe....

I am looking for all of my blog readers who have online stores or sell things online to make extra money. Ideally, this would be someone who is trying to pay off their debt.


I am asking for two reasons:


1) I am looking for Christmas gift ideas for my family and friends and I want to support people who are struggling this holiday season


2) I am creating a series of blog posts about great gift ideas under $5, $10, $20, $25, $35, etc. and I want to support my readers and followers who are trying to make extra money


If you want to be featured on my blog please leave a comment or email me at: janieoutofdebt@gmail.com. I will look over and decide if your crafts and works of art fit into any of the dollar amount categories and ideas. Forward this onto all of your crafty friends who may be interested as well.


I really want to help you all out! I know a lot of people are struggling with the recession and being out of jobs. Plus I know there are a lot of crafty people out there and I would love to give my family and friends something original for Christmas this year.


Now to my post for today....


You have been working the last two days on the Last 100 Days of 2009 Challenge! Thank you for all of your participation and emails. I love that I am helping so many of you. This is very fun for me too.


Therefore, I thought it was only appropriate to show one of my favorite desserts for all of your hard work. You can celebrate this weekend by making it! I am participating over at Kellys Korner Blog with this recipe.


Drum roll please......





Did you know the word "desserts" spelled backwards is "stressed?" I ate waaayyyy to many of these while I was getting out of debt.


Best wishes,


Janie

99 Days Left in 2009- Getting Out of Debt Challenge

99 Days Left in 2009

Activity #99

This activity will take you about 30 minutes to complete.

On ____(goal completion date)________ I will be out of _____(amount of debt)_______ of debt.

Write your getting out of debt goal. Tape it on your mirror and look at each morning when you are getting ready and each night before going to bed.

Example: On October 1, 2010 I will be out of $5,000 of debt.

Next, come back here and leave your goal in the comments section. You can put an anonymous comment in if you would like. This way you are making your goal publicly known and this will make you more accountable because other people know your goal now. I promise that extra accountability will keep you on track and moving forward.

Best wishes,

Janie

Wednesday, September 23, 2009

100 Days Left in 2009- Getting Out of Debt Challenge

100 Days Left in 2009

Activity #100

This activity will take you about 30 minutes to complete.

Pick a motivational getting out of debt quote for you. Write it down and carry it with you each day. Make sure to look at it often.

For example:

"Empty pockets never held anyone back. Only empty heads and empty hearts can do that."
~ Norman Vincent Peale

Next, come back here and type in your motivational quote you will be using. You can leave an anonymous comment in if you would like. This way other readers can get ideas and inspiration from the quotes that you have selected.

Best wishes,


Janie

Monday, September 21, 2009

Step 3- Analyzing Habits

Step 3: Analyzing Habits


“The discontinuance of a habit leaves a hole in the mind, and this hole must be filled with some other form of habit or the old one will return and claim its place”
~ Napoleon Hill

Analyzing Habits is the third step in the Janie's 6 Step Plan for Getting Out of Debt. This is where you determine what your good and bad habits are in your life.

I have been reading a book by Napoleon Hill and he talks about discontinuing bad habits by replacing them with good habits. For instance, the spending habit must be replaced by the saving habit. Or the buying on credit habit should be replaced by buying with cash.

"Any habit may be discontinued by building in its place some other and more desirable habit." ~Napolean Hill

1. Do you write down all of your expenses?

Janie's Answer

2. What are you bad habits?

3. What are your good habits?

4. What habits would you like to change?

5. What habits are costing you a lot of money?

P.S. This list will continue to grow because of the evolving nature of this process and the Janie Out of Debt Blog.

You are doing a great job!

Best wishes,

Janie

Chapter 4- Meet the Goddess of Good Luck

Today we are discussing Chapter 4 of The Richest Man In Babylon by George S. Clason.





There were no new characters introduced in this chapter so I am going to skip that section for today.


Main Points

  • The desire to be lucky is universal.


  • There is an instinct common to most people to take a chance with a small amount of money in hope of winning big (a.k.a The Lottery)


Quotes

  • "...good luck waits to come to that man who accepts opportunity." page 52


  • "Those eager to grasp opportunities for their betterment, do attract the interest of the good goddess. She is ever anxious to aid those who please her. Men of action please her best." page 58


  • "Action will lead these forward to the successes thou dost desire." page 58
Take Home Points

  • To attract good luck to oneself, it is necessary to take advantage of opportunities


  • Good luck can be enticed by accepting opportunity


  • People of action are favored by the goddess of good luck
If you want to review the previous chapters I have linked to them all here.

Chapter 1
Chapter 2
Chapter 3


Best wishes,

Janie
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