Monthly Archives: May 2010

Living on Purpose for YOUR Wealthiest Life


“No good fish goes anywhere without a porpoise.” ~ Lewis Carroll.

To live your wealthiest life, it’s important to live purposefully. It’s like this… you have been given a fabulous penthouse apartment in Paris, but you need to get there. So what would you do? You would likely figure out where you are now, map out your journey, determine your transportation to Paris, stick with the plan in following through and handle whatever comes up while on the journey until you got there. That is a purposeful journey with a clear destination in mind.

Living on purpose for your wealthiest life is pretty much the same thing. If you want to be wealthy (whatever that means to you), the more purposeful you are about getting there, the quicker it can happen for you.

Here are some signs that you might not be on purpose right now: if you feel lost in life, don’t know what you want, not sure what to do next, your relationships aren’t fulfilling, money isn’t flowing, your environment isn’t supportive, your body doesn’t feel healthy and vital. When you are not living purposefully, you get random, unexpected results like these that will likely one day cause you to feel dissatisfied, at the very least.

However, these are actually the keys to your personal alignment process for an “illuminated” purpose. Your purpose is that which brings you to a new level of conscious vibration for what you want to experience in your life, including wealth. It is this harmonic alignment that is a vital piece of your formula to claim your money magic.

As a physical representation of divine energy, there is a part of your soul that remembers the connection with pure Source energy. That part of you yearns to get beyond the separation anxiety that underlies much of our life on the physical plane, and reclaim that experience of connection. And that is your true purpose – to get closer to Source energy.

At the same time, you are a piece of Source energy, and your “job” here is to have a physical experience in order to give that experience and lessons learned, and discoveries made back to the greater consciousness in totality, regardless of what the actual experience is (positive or not, expansive or not, etc.). At some point, you elect what kind of experience you are going to have, and then make the decisions that create it.

The power, and the responsibility, to create your purposeful life is yours, and you are the only one who chooses (and really, the only one who can choose) the quality of it. So, while in physical form, your purpose is to have “oneness” with Source energy, but the path you take to get there is uniquely yours. You are always in the position of exercising free will in making choices that support the expression of who you are in your purpose. When you are aligned with your unique reason for being, your life purpose, the Universe is positioned to reward you – there is a clear and open “oneness” with the Universe around your illuminated purpose.

Let’s take a moment to consider what your purpose is not… it is not:

  1. A job
  2. The next big “click”
  3. Dependent on other people
  4. Found outside of you
  5. Something that feels forced to do
  6. Dependent on learned skills
  7. Something that someone else can do the way you would do it
  8. Something you have to wait to experience

Your purpose is always present in some form throughout your life, independent of situations, relationships or circumstances. It is always seeking to express in some way, because that is why you are here. Your job might be at a desk in a cubicle, but people might tell you that they always feel so much better when you’re around. Or you might be writing your novel when you have time “on the side”, but people compliment you on being so well-organized with your time. These are examples of the “threads” of your purpose showing up in unexpected ways. You are doing one thing, but the validation you get comes through a seemingly unexpected place. Your purpose is always speaking in some form, available to you for making new choices for full expression when you are ready.

By being in agreement with your illuminated purpose, you are choosing to welcome new opportunities, synchronicities and resources that serve to bring you closer to Source energy AND express your unique gifts in contribution to the greater whole of community and consciousness. In other words, living on purpose leads you directly to living your wealthiest life.

Become Debt and Stress Free by Managing Your Personal Finances


With the continuous rise of interest rates and the amount of unpaid consumer debts, more and more people find it hard to take a break and enjoy life. It’s not surprising that mounting bills and limited resources have become a constant source of worry. There is something you can do about it though. Managing your personal finances wisely can mean generously giving yourself a chance to attain financial freedom.

One of the main reasons why most people are in the red is because they do not know how to manage their own finances. Most of the time, people are afraid to take control of their finances because of a prevailing belief that it will force them to lead an extremely limited lifestyle. This topic is often well-discussed in financial blogs and often brings up concerns regarding saving and debt reduction. Fortunately, finance management does not have to be a case of “either or.” You can start acting on your debt reduction plan AND still save for that Hawaii trip you’ve been wanting forever.

An effective debt relief plan can start with something as simple as prioritizing your basic needs from your wants. Give your budget a thorough review, and cut back according to your priorities. Also remember these priorities when making purchases. Thinking twice before making that online purchase not only saves you from becoming a victim of fraud, but also helps you practice self-control. Developing a healthy spending habit leads to a successful budget plan, and successful budgeting will definitely help you set aside an amount for future needs or investments through saving.

If at first your own budgeting plan does not work out, don’t despair! Consult with debt analysts from a law center and financial institutions that can provide you with alternatives and pointers on how to manage your money and eventually reduce your debt. These firms and lawyers working for a debt reduction law center often have formulated programs to help you stay out of debt, and track your finances effectively. You can then use the information that these organizations provide you, by mapping your own financial path and revise your original budget plan. Take time to map out your current status, lay out all information in front of you, and if necessary, jot down all purchases to enable you to see the bigger picture better.

Just as well, since there are so many debt relief and reduction options currently available, it is best to get to know all your options and assess your personal financial situation before choosing an alternative that best fits your needs. You can avoid fraud by looking up a legitimate credit counseling agency or a debt reduction law center to help you from established directories.

As soon as you’ve managed to plot out a workable debt reduction and savings plan, make sure that you stick to it, no matter how overwhelming the numbers may seem. When you’re finally on that much-awaited nice and long trip, completely calm and unworried, you’ll realize the little sacrifices you made along the way were all worth it.

Budgeting Does NOT Mean NOT Being Happy!


Money can provide security, bring satisfaction in people’s lives, and give them a taste of life’s other luxuries along the way. However, the need to control spending and allocation of money has taken center stage with the present economy. For most people, this meant eliminating extravagance as well as identifying and prioritizing things that are vital to. For some people who are completely clueless about managing their finances, this might seem impossible in itself.

Budgeting has long been, and still is the standard answer of financial experts when asked what the most effective debt reduction plan is. It sounds simple enough but for a lot of people, it can be extremely challenging.

The process of budgeting requires planning, discipline, and an open mind in order for it to help you attain financial freedom. There will be cases when you’ll need to sacrifice some of the things you have grown used to, but as soon as you’re on your way to completing your debt payments, you’ll realize that all your efforts have definitely paid off.

A lot of people are torn between saving up, and getting rid of their debts as soon as possible. Some reason out that if they pool resources to immediately eliminate debt, they might not be prepared for unforeseen events such as lay-offs. Others are worried that they’re not living life to the fullest, and delaying enjoyable things too much.

These are all valid concerns, but do not be disheartened. Contrary to what you might think, budgeting does not want to take away all the joys in your life. You CAN budget, reduce your debt, and still have a bit of extra for life’s little pleasures.

First, try to prepare a monthly budget variation analysis or simply a list of your financial activities with different categories pertaining to your needs. For people with limited free time, you can opt to only take note of the really crucial bits of your finances. Make it a habit to track and monitor your spending as well; sometimes it can be all too easy to forget that little purchases eventually add up. Seeing an overview of your spending habits can help you think twice before you actually buy something.

Aside from having a monthly budget spreadsheet, “living below your means” will also definitely help you effectively pay off your debts and save up a bit for the future. Find ways to maximize spent money, like getting a $25 dollar cake for your whole family instead of buying a $150 new pair of shoes which you’re not even sure you’ll like a month later. Or if shoes are your guilty pleasure, be on the lookout for end of season sales or online auctions where you can get good quality items for cheap with decreased risk of fraud.

Of course, if in doubt, nothing beats enlisting the help of a financial organization or a debt reduction law center. You can minimize your potential risk for being a victim of fraud by looking up credible and legitimate companies through local listings. These organizations, as well as debt analysts from a well-known debt reduction law center, can give you the counsel or program you need to get your life back on track.

Success Through Personal Finance Budgeting


These days, motivational books, journals, magazines and even audio tapes are replete with blueprints on how to make money or profits. People who read and listen to them engage in different business, trades, and ventures with the aim of generating income and profits. But most time, the reverse is the case. The question is, why is it so?

The common experience of business people, especially in the battered economy, has been less profit, capital consumption and fold-up of the businesses. This series, therefore, is designed to expose you to the proven methods of managing money wisely. Money is better than poverty, notes Woody Allen, if only for financial reasons.

The first step to take in managing money wisely is designing a personal spending plan. In achieving this, you need to determine your net worth. By net worth, I mean finding out your over all financial condition. How do you do this? Begin to list your assets. These would include your regular personal income, market value of your possessions which you own and could sell.

The second step is to list your debt: the amount you own to creditors ( bank mortgage, companies, credit cared and the like.

The third step is to subtract your total indebtedness (the total of your debt) from your assets ( the total income including total monetary value of your assets), the difference is your net worth. This forms the summary of your financial condition. If the result of the difference between your total income and the total debts is positive, it means you have a positive net worth. If the result give you a negative, it means you are in debt. If you have a significant amount of debt, you need to have a financial plan or budget that will help you improve your financial picture.

The beauty of having a budget is that, you will be prudent in spending. This financial budget can be weekly, monthly, quarterly and yearly. If by the end of the month you have money left over after all your expenses such ad housing, food, clothing, utilities, transportation, insurance, taxes and recreation, that means you net worth is increasing, and you should have money to save or invest. Franklin D. Roosevelt, a one-time American president, says, “happiness is not in the mere possession of money. It lies in the joy of achievement, the thrill for creative effort.”

If, however, you find it difficult or impossible to meet up your expenses, you need to make adjustments that will help you to cut down your expenses. No matter your financial conditions, diligent and periodic examination of your expenses is important to successfully manage your money.

How YOU can make Smart Financial Choices.


In these challenging economic times, it is very important that we make the right financial choices that will help improve our financial situation. We can’t afford to maintain the extravagant life styles that we once lived. We have to do away with all the unnecessary luxuries, and stick to the necessities. Here are a few suggestions on how we can improve our current financial situation.

1. With the high gas prices, try to take public transportation whenever possible, and if you have to drive to work, set up a carpool. This will help cut down your fuel expenses.

2. Buy generic prescription medication instead of name-brand medication, when available. Ordering prescription medications by mail, or online and signing up for a discount prescription drug plan will save you a whole lot of money on your prescriptions.

3. Diversify your sources of income. The days when you could just rely on one job to meet all your financial needs are gone. Now you’ve got to have a back up financial plan. If you work for someone else, you might want to consider starting a side business such as selling Avon, Mary Kay or something like that. Or you could use whatever skills that you have to offer a service to others.

4. Save on your utility bill by using energy-efficient light bulbs, turn off all the lights and appliances that you’re not using, and don’t turn your air conditioner completely off, it’s better to leave it at a set temperature between (74-84 degrees).

5. Avoid checking account overdraft, and credit card over limit fees by not using your checking account as a line of credit, and not going over your credit card limit. Also avoid using ATM’s that charge a fee. You don’t want to end paying those ridiculously high fees it’s a waste of money and so not worth it.

6. If you want to make the most out of your finances, stay away from convenience stores. Although convenience stores are there for your convenience, avoid them at all costs and only shop there if you really have no other alternative. The products in these stores are over priced compared to department stores.

7. Cancel your newspaper and magazine subscriptions. These are unnecessary expenses that you can definitely do without. These days, most local and major newspapers and magazines have an online version that you can access for free.

8. Don’t waste your money on buying lottery tickets. You’re better off holding on to your money and saving it instead. You have a much higher chance of getting struck by lighting, getting involved in a car accident or plane crash than striking it rich by winning the lottery. It’s a complete waste of your hard-earned money!

How to Survive a Tough Economy!


In these tough economic times, it’s very crucial that we develop a habit of saving. We can start doing this by making small changes in our lifestyles, which will significantly help in cutting down our current spending habits. We have to stop spending money on things that we don’t need, but just want. All that unnecessary spending is a luxury that we can’t afford.

1. When you go grocery shopping use store discount cards and coupons, you’ll save so much more. You shouldn’t have to pay the full price for anything that you can get at a discount.

2. Always create a budget and stick to it. This will help you make wise spending and investment decisions.

3. Always write a Shopping list and stick to it. This will help you cut down on unnecessary random purchases that you didn’t budget for, and it will teach you how to be disciplined with your money.

4. If you buy bottled water all the time, you really should consider investing in a filter that connects directly to your faucet. Bottled water is too costly in the long run; filtering your own water is a lot cheaper.

5. If you’re one of the people who have a reliable cell phone services, you should consider getting rid of your land line to cut down on having ridiculously high phone bills. If you would much rather hang on to your land line, get a basic line. You’ll be alarmed at how much money you will save by just removing all the little extras like, caller id, call waiting, or voice mail.

6. Start taking your own lunch to work. Doing so will save you a whole lot of money. Eating out everyday is expensive and let’s face it, with the tough economy that’s a luxury you simply can’t afford right now.

7. Buy store-brand products, they tend to be cheaper than name-brand products. There’s nothing wrong with them, as a matter of fact a lot of them are just as good, if not better than name-brand products. Some store-brands have far exceeded name-brand ratings in Consumer Reports tests.

8. Never quit your job until you have another one lined up. With this bad economy when a lot of companies are down sizing, this is not the time for you to wake up one morning and decide to quit your job without a solid plan.

9. Don’t buy premium gas; just use regular gas to cut down on the high fuel prices, unless of course your owners’ manual recommends premium gas.

10. Get rid of all the unnecessary extras on your cell phone such as Internet, picture mail and so on. If you have a habit of going over your minutes each month, it’s probably cheaper for you to get an unlimited calling and text messaging plan.

Personal Financing for a Secure Future.


In a recent government study that was done, it was found that 85% of people who had 401K tax differed savings plans have made no adjustments to their portfolio for the past five years. What makes that fact so astounding is that even as the stock market crashed, they still didn’t make a move to change things.

Good Money Washed Right Down the Drain

In fact, most of these people who fall into that 85% percent category sat like deer, frozen in cars headlights as their 401K plan lost sometimes up to 75% of its value. Money that they worked hard for, and saved for their retirement simply washed right down the drain. Oh sure. The guys on the news tell you not to worry because it all will come back when the market picks up.

You Can Increase Your Value, and Still Lose Retirement Money

Now what kind of investment logic is that? Wait ten more years to be back to square one? Even so, in ten more years the consumer price index will have once again doubled, so your money will have half its spending power. So then what is the answer? Before you answer that consider this.

Here Is Something to Think About

I recently stopped in to visit a friend of mine whose a production supervisor at a furniture manufacturing company in the next town over. During my visit in his office, which overlooks the main floor he walked me over to the window so we could see the thirty or so workers below, busy at their work stations.

People Managing Their Own Retirement Investments

He turned and asked me a funny question. “Would you let any of these guys manage your investment portfolio”? “Hell no”! He responded by telling me that they all manage their own portfolios and they all pretty much consistently lose money. They try their best, but it’s like the blind leading the blind.

Where Are You In the Wealth Building Food Chain?

If you’re currently managing your own personal finances, chance are, almost without exception your portfolio has declined in value over the course of the past two years. Understand you see that in the “ocean” of investors, in order for there to be winners at the top, there must be losers at the bottom. It’s just like a food chain where the smaller fish get eaten while the larger fish survive and grow fat.

Here Is Something Else To Ponder

Wealth cannot be simply created out of thin air because there is only a finite amount of it in any given system. You see, if you are in a room with five people and each of you has $20, there is no way you can leave that room with $100 unless the other four people have lost their $20. Try as you may to increase your wealth, it just isn’t going to happen unless they lose theirs.

Positioning Yourself at the Top of the Pyramid

So, while it may be important to make wise investments to see your personal wealth grow, it is even more important in the big picture to place yourself at the top of the investment food chain. That is to understand your investment territory, such that you are not working from the bottom up, but rather you are seeing things from the top down perspective.

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