Did you know that 43% of American families spend more money than they make every year? And 45 million Americans carry a debt of over $10,000.
Debt has become a way of life for way for most Americans. Our economy thrives on it. But if you’re in debt, you know how this “way of life” can weigh heavily on your peace of mind, diminish your sense of possibility and darken almost every aspect of your life.
Last week, I shared the first 5 steps of my 10-step formula for getting out of debt and staying out of debt. Now, let’s jump into the final 5 steps of how to “Save Your Way Out of Debt.”
These steps are consecutive, so if you missed the first 5 steps, you’ll want to read those first.
Step 6: Build Your Safety-Net
Everybody needs a safety net. Whether you’re self-employed or work for someone else, you need a...Continue Reading
Debt is an embezzler that silently steals your security for the future while dramatically diminishing your quality of life right now. If you’re in debt, or if you’ve ever been in debt, you know how agonizing and destructive it can be.
But the answer is not to simply get out of debt. It’s to stay out of debt.
People get out of debt all the time. Similar to yo-yo dieting, they go on a money diet, slim down what they owe and feel tremendous relief only to find themselves carrying an even heavier debt in a few months time.
But the good news is, there is a way to get out, and stay out, of debt. It's called, "Saving Your Way Out of Debt”. And, in this post, I’m going to share the first 5 of 10 steps that will allow you to get out of debt once and for all.
Step 1: Don’t Go Into Deprivation Mode
When people try to get o...Continue Reading
For years the holidays left me with an emotional and financial hangover. If you can relate, I'd like to share the process that it took to turn this around for myself.
The first step to making this holiday season better than previous ones is to examine what worked and what didn't work with previous seasons. Would you like to do that? It's not always easy, but let's give it a try.
Here's an example. I remember when my children were young that I used to love to buy them lots of presents… even if I couldn't afford it. I'd start my shopping early when the department stores first started playing the Christmas music and decorating. (And you know that they start this process earlier and earlier these days, don't they?) But then I would continue to shop throughout the holiday season, sometimes forgetting how many presents I had already pur...Continue Reading
Are you ready for a new career... but you’re not sure what?
Perhaps you’ve been feeling stuck, unsatisfied or even out of place in your present job. Or you want more personal autonomy or financial freedom. Or you can’t stop thinking, “There’s got to be a better way to make a living.”
When I was working in Corporate America, I couldn’t wait to get out. I was literally making me sick. And while it may have been prestigious to work at a Fortune 500 company in downtown San Francisco, I was miserable. And I knew I had to get out.
But then what? I wasn’t sure what kind of work would make me happy. I knew I wanted to help people with their money issues, but how could I do that? Should I become a therapist? A financial advisor?
I wasn’t sure, but I was determined to figure it out.
A friend of mine recommende...Continue Reading
Every year the media asks me for an updated version of my Holiday Planner, so in late September my team updated it, and I'm happy to announce that the newest version is available for free on my website.
What's the Holiday Planner?
The Holiday Planner is a 25-page ebook used in conjunction with an Excel spreadsheet for planning the holiday season of your dreams.
Let's face it -- for many, the holidays are a mixed bag. Sure, we love being with family… we love the sights, sounds and smells of the season, and getting a few presents. However, it can also become a time when we try to do too much in too short of time; we may eat to excess; and we may spend money that we don't have only to receive unwelcome bills in January.
My Holiday Planner helps you to avoid the regrets of the holiday season by walking you through the holidays ...Continue Reading
Healing Deprivation: The Key to Creating a Life Filled with Meaning, Satisfaction, and Abundance