Hello Friends it’s that time again to get a little personal with some random fun facts about yours truly. I did a throwback post- Here last year and I want to do this at least 2 – 3 times a year. I want to break up the seriousness of money management with all the trials and tribulations about that topic. What better way to switch it up than to get a little personal with you guys, sort of like an online journal I am keeping for myself.
One day I can go back and read how awesome I was to make a record of all the random facts I am sharing. We as humans tend to forget almost everything, so why not reminisce a little from time to time. Let me know what you think in the comments below.
I think this will be a good post because anything with the number 4 is good luck I have heard. Hey readers and bloggers have you shared a recent random fact with anybody today? Be brave and open up, it just might help you in a weird way.
A new series is born today, with the premise that I now will let you in to see what were the things that I spent the last hundred dollars on. Imagine if you had only a hundred dollars to your name, what would you spend it on? The last hundred dollars is a way to lighten up the financial blogosphere with something unique. Yeah I could give you a bunch of boring spreadsheets showing my monthly net worth, but that’s been done a thousand times over. Also part of me is still hesitant to fully reveal my financial numbers in all its lowly glory. What will this accomplish, maybe nothing. But it sure is exciting to see what people spend money on, don’t you think.
This obviously will not be a 1000 word post, explaining what a Venn diagram is and how that will benefit your probable retirement. No it’s basically just a list of all the items I recently purchased that sum up to the last hundred dollars. By the way have you seen the new $100 dollar bill, it looks futuristic in every way possible. At first I thought what an un-American thing to do with all those annoying colors schemes. The dollar should forever be remembered as classic green. But then it dawned on me we are trying to out-fancy the Euro currency with some style and fashion sprucing. Now let’s jump into what crazy items add up to a big ben franklin.
Hello friends if you are reading this you will soon learn all the milestones I achieved in 2013. I want to do this every New Year as a way to remember what I accomplished and as a way to help me set up my new goals going forward. I hope you succeeded in completing a few goals of your own. This past year was a very memorable one, I can’t complain as I am one step closer to reaching FI and hopefully becoming a full time blogger one day.
Now this is not a post to brag, but a way to recognize that I am finally keeping track in a personal finance capacity and that just transforms me to keep superseding past goals. I want to give you a few milestones relating to several topics, but the majority will be related to personal finance or money management. If you want to catch up with Last year’s Milestones click Here
The title question is probably asked millions of times a day by people in random situations. Where do I see myself in five years? I wanted to give you a personal post where I answer the question. By doing this publicly I hope to achieve all the goals I have for my family in the next 5 years. Hey you reading this, have you ever written down your 5 year goals list for your current life situation. If not then I recommend you proceed diligently to find a pen and paper to complete a 5 year list today. Why did I finally decide to write a post about this now? First off because I lose paperwork all the time. Secondly because files on my computer can get lost for a myriad of techie reasons. Third reason is primarily because I freaking want to.
I talk with people from time to time and they either do not have goals or could care less to think about where they will be in 5 years. If you are not forward thinking then you might as well start literally taking steps backwards. Just take a post it, write down the goals you want to accomplish in 5 years, laminate it and put it on the fridge. That’s a fun weekend project you can do with your kids. So where do I see myself in five years?
What’s up! I think it’s time to give you a refresher on my random facts. I did a previous post way back in February and I want to do this at least 2 – 3 times a year. I want to break up the seriousness of money management with all the trials and tribulations about that topic. What better way to switch it up than to get a little personal with you guys, sort of like an online journal I am keeping for myself. One day I can go back and read how awesome I was to make a record of all the random facts I am sharing. We as humans tend to forget almost everything, so why not reminisce a little from time to time. Let me know what you think in the comments below.
I think this will be a good post because anything with the number 3 must be good luck. Hey readers and bloggers have you shared a recent random fact with anybody today? If you do you might get a new friend.
What do you think of this mantra, Life is a beach. I grew up seeing this phrase on hundreds of T-shirts as a kid. I sort of got the message, but now that I am an adult I get it with complete conviction. It is a modern version of the phrase that goes like this, Life is what you make it.
But what some people cannot see is that we control, if our life becomes a beach or if life becomes a desert. Imagine trucking along life in the Sahara desert trying to reach the imaginary pool of drinkable water? Well that is what happens when you do not take money management coupled with a dedication towards investments seriously. The destined plan for you will be a life of always playing catch up while working for the benefit of others. Who are the mysterious others you are giving your paycheck too? Well it’s really simple to answer, just open up the random bills sitting on your desk. The companies who hold all of your debt are your new bosses, on top of bosses you already have at your day job. I personally do not want to be told what to do by anybody, and that message goes directly to Chase and MasterCard. Every time you consume junk on debt, you are adding new bosses that then get to take your extra dollars every month.
When you think of things in this new light then you will realize that it is just not worth it. Buying a product on credit card debt that you could not afford is the end of freedom. Hey buddy do you know you just signed up for a new boss to tell you where to send you’re hard earned cash. This is the sad reality that we are facing in this society. I will do anything in my power to cut ties with all these fake bosses who control my wallet. Now the million dollar question is will you do the same given the opportunity. Can you really say good-bye forever to American Express and Capital One. This year alone I cut up two credit cards I have not used in over a year. Why did you do that you think to yourself, because maybe you can use the credit card for a rainy day emergency? The final answer to the question is because having it is an added level of temptation I do not want or need in my life. I live on cash baby and so should you.
I think when you reach a certain point in life, that all those added risky money moves should be abolished forever. The habits you choose here and now will make or break you. By having an emergency fund in place and 2 debit cards to cover you in case you ever need emergency money, these are the proper steps needed to live life stress free. No debt is the equivalent of life is a beach instead of life is a bitch. Get it good; now get things in check my friends.
To put it in prospective see below for an example:
Weekly Restaurant Bill of $50 dollars X 52= $2600 X 10 years = 26,000.
Plus costs of putting it on a Credit Card with interest
Plus costs of losing out $$ in opportunity cost with investable gains on money
Comment if you believe that your life is a beach or if life is a bitch?
What’s up! I think it’s time to give you a refresher on my random facts. I did one way back in February (Link – Here) of this year and I want to do this at least 2 – 3 times a year. I want to break up the seriousness of money management with all the trials and tribulations about that topic. What better way to switch it up than to get a little personal with you guys, sort of like an online journal I am keeping for myself. One day I can go back and read how awesome I was to make a record of all the random facts I am sharing with all of you today. We as humans tend to forget almost everything, so why not reminisce a little from time to time. Let me know what you think in the comments below.
This is a way of life for me as I take all my life lessons and use them to propel me to achieve success by the experiences of life. I record things as a reminder of what I was feeling at the time and how those things affected me during specific time frames. The title above states the obvious with what you can do to make a bad situation into a good one when it comes to life, money, or career issues. We all tend to learn from our mistakes, even if some were caused by us or if it was something that occurred out of our control.
The issue many people face is that they tend to block mistakes from memory to avoid repeating them, they forget the mistakes and eventually it is sadly repeated. When life gives you lemons, plant a tree I say. What I really mean to express is to make the best of all situations. You got whole life insurance and paid 3 years of expensive premiums for nothing in return. Learn from that situation and get term life insurance going forward.
Many will get the message that I am trying to convey here in this post, but the real underlining question is how many will act on it. I am destined to see a time when we make a mistake or take a step back, that people will do something to remember that situation. Why because you will be a better person when you remember your mistakes. Also you will most likely not fall for the same mistake again. This can be applied to any area of life; I tend to focus mine on financial mistakes and successes. Why you may be thinking? Because I want to be a personal financial expert.
This mantra is best utilized by recognizing the problem and not repeating it, but using it toward a specific advantage for the future. Did you get burned by a bad stock that went bankrupt? Well keep a better eye on your investments going forward. Also set up a stock price reminder, that if stock prices drop below what you paid for it, the broker can send you an emergency email. Thinking of ways to financially strategize can make you feel more at ease with taking risks. The best thing you can do is to plant yourself a money tree (aka investment account) it will pay you compound interest year after year.
Comment if when life gives you lemons – plant a tree life strategy?
