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Power Up for Positive Change

positive changePower Up for Positive Change!

Training Your Brain for a Successful Mental Shift

Each day, we are given a gift of time. You know that you have 24 hours in a day, so let’s break that down into minutes. There are 1,440 minutes each day to work, play, make a difference in your life and be the person you secretly want to be. You have ample time to power up for positive change!

In fact, it takes about the same amount of time to make an excuse for why you aren’t living the life you desire – as it does to make small positive actions that will become live-changing.

One of the best ways to begin making a mental shift is to quit fighting the old you; those emotionally charged childhood memories, unhealthy habits or self-sabotaging actions don’t serve you well. Divert your attention toward building the newer version of you; Begin to focus on WHERE you want to be and how you WANT to behave. Start right this minute.

Action changes things! Many times people find a new action creates a ripple in a different direction or portion of their life. Ride the energy toward positive change. You can train your mind to be more fit with daily decisions that will directly impact the result you want to achieve. Your goals will define your actions. Write down one goal to get started on the new you.

Here are three tools for creating a healthy mindset and mental attitude:

1) Be Grateful

Look for reasons to be grateful. Take time on a daily or weekly basis to write down why these events, people or experiences fulfilled you and made you thankful. The physical process of writing down your thoughts creates a real change in your brain.

2) Be Mindful

In essence, being mindful is to find or maintain a non-judgmental sense of attention to the present moment. Instead of becoming angry, emulating other’s negative energy or turning inward and focusing on emotions that can consume you, stop! Observe, be “in the moment” and explore all the details around you without relapsing into old habits or reliving emotional drama. When you dredge up old memories, the situation now becomes “all about you.”
Stephen Covey shared a moving story about a dad and his rowdy children on an NYC subway in his book, The Seven Habits of Highly Effective People. It is a fabulous insight into the effects of being mindful – which often results in a paradigm shift.

3) Fake it until you Become It

You can embark on a new adventure or career choice before you have achieved your vision of ultimate perfection. Don’t wait to lose ten pounds to attend a class reunion or feel you must have $500 in the bank before you look for a new job. Began to act the way you dream of being. As you make those subtle changes and actions each day, over time, you can become the person that you were dreaming of being. Just as Popeye boosted his power with spinach to be strong, you can power up for positive change and achieve your vision with intentional choices. Think about this famous Winston Churchill quote, “Continuous effort, not strength or intelligence, is the key to unlocking our potential.” Aim High! You might just make it!

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Ready To Invest: Start Today

Ready to Invest- The Money Nerve

Ready to Invest: Start Today

Before you start diving into investments,

let’s look a few ways to be smart with your money.

What is investing? Investing is actually pretty simple; you are essentially putting your money to work for you so that you don’t have to take a second job or work overtime hours to increase your earning potential. There are many different ways to make an investment, such as stocks, bonds, mutual funds or real estate, and they don’t always require a large sum of money to start.

Learn the terminology of investing

Many of the larger investment companies provide a wealth of content to teach beginners the language of investing and share information about the multiple businesses you can invest in, and the various methods to build your nest egg. TIME=MONEY Therefore, the earlier you begin saving and investing, the higher returns you will see compared investing the same amount of money 20 years later. Money creates money and your lump sum will increase exponentially – if you nurture it and let it grow over time. It is tempting to skim the profit off the initial investment, but you will significantly reduce your total gains with that choice.

I was given some sound advice when I was younger, “Don’t invest money that you can’t afford to lose.” Anytime you put your money where outside influences can create an environment where massive gains can be made; you must also be aware that it can result in substantial losses. More volatility can create huge wins, and that “lucky break syndrome” is addictive to many of us. Hence the warning: this is “extra money” that you want to grow without putting your current lifestyle in jeopardy. If a stock loss means you can’t pay your bills, you need to adjust your investment strategy!

Be smart, do some homework. I like to advise people ready to invest in the stock market to select high-value blue-chip companies that pay dividends. Invest in value and don’t treat it as a quick sale. It is a stable place to park your money, and over time the value will continue to grow, building your wealth.

Many Paths to Reach Your Goal

Another option for entering the stock market is to purchase Exchange Traded Funds, also called EFTs. Investing in EFTs is similar to buying stocks, but you are placing your money into funds that track indexes like the NASDAQ-100 Index, S&P 500, Dow Jones, etc. By purchasing a fund that has many stocks in a particular index, you are not trying to “beat the market” you are taking advantage of being “in the market” with a broader range of stocks being traded for a more consistent result. One of the benefits of ETFs is having the broad array of a diversified portfolio with the ease of buying and selling a single stock. You don’t have to wait for the market to close to make changes. As you get more savvy in following the market or electing to make bolder choices, you can purchase ETF shares on margin, short sell shares, or hold for the long term. You can make trades in the stock market as an individual or you can use a stockbroker; each has advantages and disadvantages; just explore your options.

If the stock market is too much of a gamble or too virtual for your budget, then real estate is another option for investing. It is a fact that the world’s population continues to increase, but there will never be more land. You can begin by investing in land or property. If you live in an area that is having significant growth, look for some land nearby that will grow in value as the area expands.

Building Your Tangible Assets

A rental house might be a solid choice; many people do not have the money to buy a home and need to rent. For this reason, owning property can be another option for investing in a tangible asset. If you have saved a substantial amount of money, pay cash for the house, and the monthly rent will pay for the real estate over time. Or when you are ready to invest, place a down payment on a small home and collect a rent that is higher than the mortgage.

Owning smaller property builds your equity without sizable risk because you own the property, make a small amount of profit each month, and can sell this asset if needed. Be sure to open a savings account to cover any expenses such as new appliances or repairs. It is best to keep the cash flow from real estate separate from your personal cash flow. Separate accounts make it easier to track the money flow and calculate the real return (ROI) on your money. As the the property is paid off, you can continue to receive residual income or purchase another piece of property.

Begin With A Simple Plan

There are so many options to build your wealth and these are just a few choices to ponder, once you decide you are ready to invest. Think about your ultimate goal, what you want the money to provide for you and when you might need to use your money, as you grow older. Seek out the good advice of successful financiers. One of my favorites, a brilliant investor is Warren Buffet, and he famously shares his motto, “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”

Explore. Experience. Achieve.

*This post was also published on http://www.mystrategicdollar.com/. It is always a pleasure to work with people who want to help others gain more traction in their journey to create financial freedom. If you are looking for ways to manage your money more effectively, check out my “tools” page and be sure to read Lance’s blogposts at the link above.

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Finding Personal Success

Finding Personal Success

Finding Personal Success

Thirty years ago, success was defined as working at one company for a lifetime and being a loyal worker. Today, finding personal success can be found in many ways. Increase your personal viability by searching for opportunities that give you the power to grow. Build your success within an existing organization or seeking new ventures beyond a routine 9-5 job. Additionally, increasing  your skill level often results in an exciting job in an emerging field. Don’t sell yourself short.

As you review any negative inner dialogue, toss away outdated opinions or self defeating ideas that no longer work for you. This helps you redefine up your concept of success. Now it’s time to plan the next steps you need to fulfill your goals. Be positive in order to set yourself up as a winner.  Map out your strategic plan with small bite-sized goals that are fairly easy to achieve. The first thing to remember in your quest to find personal success is to be prepared – there will probably be bumps along the way, along with some frustrating moments. However, you can move past these challenges by being prepared, flexible and learning to maneuver more effectively.

Take a moment to assess your talents, time and budget.

If you are unsure, you can turn around feelings of insecurity:

• Evaluate your social circle
• Surround yourself with like-minded people who support you
• Budget truthfully to know your current financial position

An honest assessment regarding your current situation results in a more successful result.

Every past decision brought you exactly where you are today.

This is where you wanted to be! Every decision you have made led you to this place. Do you like where you are? Does it fulfill the “dream life” you envisioned? If this place in life shocks you, don’t despair, because today is the opportunity to make a change. As a matter of fact, now is the best time to formulate a fresh plan.

This is my favorite part of the equation because this is where you make some Money Magic appear. How do you make this happen? It is totally up to you. YOU control the numbers. YOU define how and where you want to spend your money. YOU set intentions and YOU take action. Therefore, don’t let the media, advertisers, family or friends tell you what YOU want. Take a stand and invest in YOU! I would like to point out that stating what is most important in your life results in a personal and financial roadmap that delivers a genuine outcome.

Reaffirm strategic goals

“I am passionate about ________ and my goal is to someday _________!”

As a result of stating what is meaningful, consistent actions every day result in completing many small goals. Finding your personal success is enhanced by achieving goals consistently. Winning begets winning, and this mental strength becomes a tool for you to build a meaningful, prosperous life – even when detours pop up along the way!

Charting Your Course

Now you are charting your own course with thoughtful intention. As you know, budgets ebb and flow, but continue to invest in your long-term plans. The benefit of planting seeds of intentional, conscious choice are evident when you finally purchase your first home or take that coveted “over the top” European vacation. Living an abundant life becomes a way of life, not just a one-time destination. In fact, now is the time to harvest the rewards!

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Setting Your Financial Mindset, Five Ideas for Drastic Change

The Money nerve

Setting Your Financial Mindset

Money is a part of our lives, we all plan how to spend it, and we all plan to save it!

Today, we look at some fiscal challenges and offer tools for setting your financial mindset. Emotions and old habits can rule your decisions about money. Here are some challenges people have in managing their money and a few suggestions for shifting toward a new “money” mindset.

See if these issues sound familiar:

1. I Don’t Have Enough Money

2. I Will Never Get Ahead

3. I Don’t Plan; The World Will Bring Me Good Fortune

4. It’s Not My Fault; Nobody Taught Me

5. I Don’t Have Time to Budget

It is easy to drift on an endless journey when you have no plan, goal or destination. When you are ambiguous about the direction you want to go, cruising on autopilot will never result in the “real-life” successes you dream about.

Five ideas for making drastic change and setting your financial mindset:

Enough Money

Before you can determine whether or not you have enough money, you will need to know how much money you make. Many people will use their full salary to plan their expenses, but forget to consider taxes and social security deductions. Under-estimate the money coming in and over-estimate your spending.

Never Get Ahead

Focus on positive choices each month, and eliminate the resignation and depression that come from reacting to financial headaches. Choose how you want to delegate your dollars. Change the way you view money by thinking of money as a choice, not a dictator, in life. If you have $100, you have the power to delegate a third for saving, a third for eating lunch out 2 or 3 times and a third for bills.

The World Will Bring Me Good Fortune

Well, I am a firm believer in sending out positive vibes and seeing that energy coming back my way. However, I also know that when I have an action plan to support that attitude, I am more successful. It is no suprise that the people who plan their days and work the plan seem to luckier than everyone else! Set aside five minutes to write down the main focus for your day or your week, and set yourself up to your best advantage. No one can help you better than YOU CAN!

It’s Not My Fault

Take a good look in the mirror, you are the CEO of your life. Take a truthful look at your assets and your bad habits. Explore where you can make small changes that will move your life toward a more abundant mindset. Making intentional choices creates a feeling of independence and eliminates the need to blame others. Every choice you made in the last five years resulted in where you are today. If you are not happy with your life, snap out of the routine of non-decision-making. Begin making new choices that will give life to the dreams and goals you have.

Don’t Have Time to Budget

People are so busy, being busy, that they often mistake insignificant activity as being more valuable than a scheduled chunk of time for planning. It’s a bit of a paradox, but setting aside 30 minutes a month to review your finances and make a plan for the next month, can actually save you time and money. Just jotting down your monthly bills on an index card and slipping it your wallet, will help you stay on track. Dividing your spendable dollars into envelopes is another good idea for seeing where money flows.

We all have the opportunity to create the life we dream of, it takes a little faith, a plan and choices to make it happen. A goal is merely a dream with a deadline. Go for it!

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Imagine Where I Would Like to Be!

The Money NerveProjecting Your Success: Where would I like to be!

First of all, ask yourself “where I would like to be in one year or five years. Maybe free of credit card debt is where I would like to be? Do I want to travel the world? If I had more money in my retirement account, would I be happier and less stressed? How can I change my spending habits so that I can reach my goal of $50,000 in savings?”

Once you know where you would like to be, state your goal: A year from now, I will decrease my use of credit cards. Two years from now, I will sign up for additional training.  In five years, I want to have a zero-balance on all credit cards. In ten years, I’d like to transition to another career or own my own company.

Quiet the censor in your mind and just let your imagination travel where it likes. After allowing yourself this quiet time every day, you may be surprised to see where your imagination takes you! Take advantage of planning ahead, and then, every three months or so, sit down to adjust your budget. You can still get to where you want to go, you are just allowing yourself to keep it real and update, as needed.

Will I ever quit worrying?

Finances will always be a part of your life—not something you can ever move past. Confront your financial fears and set aside an hour per week to update your records. If you use computer software, download your bank statement and expenses. Balance your checkbook. Keeping up with your money each week for a small amount of time helps you stay on track for your bigger goals. Having a plan to work from results in a more efficient use of time and less worry.

Make an effort to spend responsibly. Make a list of all bills you get each month, and check them off your list as you pay them. That way, if you didn’t receive a bill, you still realize it has to be paid. Spreadsheets are a great way to keep track of expenditures. Once a year, list your assets and debts to get a sense of your net worth. As a result,  you now have a true road map showing where you have been and how to move more efficiently toward your current financial destination!

 

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Keep Focused in a Cluttered World

Keep focused Keep Focused in a Cluttered World

You are intent on finishing the task at hand, and suddenly “something” comes up. You don’t realize the chunk of time distractions can steal from your day — you just change direction and give it attention. Keep focused!
In a world full of political strife, constant social media pop-ups, continuous alerts from emails landing in your inbox and worries about matters you cannot control, the ability to keep focused is a dynamic tool for keeping a positive mental attitude and a sense of purpose.

Over half of us get distracted after 15 minutes and — boom — you have no idea where you started or why you can’t get your mind and heart into your goal. You can’t stay focused at work anymore and are becoming less productive. Valuable time and effort go right down the tubes, and so does your momentum and energy.

One way to keep focused is breaking big projects into more manageable bites of time. Richard Branson shares that people should “take the stairs,” literally, to stay in shape with physical activity and also as a metaphor for big goals and life dreams. It’s a “gradual climb,” with “inevitable failures and setbacks along the way.” Very few people can take the elevator to instant success.

It’s almost impossible to shut out the world while you’re busy. It is your choice or decision to stay focused. Explore the right techniques for you, know your priorities, and stick to them. When you achieve this – You are in the zone!  Five minutes, ten minutes. Sometimes you may stick with a project for hours. When you look up, time has flown, and you have been incredibly productive.

Five Tips to Focus more Effectively:
1. Have a “to-do list” with the most important or longest tasks at the top.
2. Clear your mind from emotionally charged worry. Sift through the clutter. Learn to separate what you can make better and what might be out of your control.
3. Work offline: Try using paper and pen — perfect for brainstorming! Put your phone on silent and check email only occasionally (try once every hour). Set a timer to keep up with time and allow yourself to check mail.
4. Create Plan with Prioritized Goals and Tasks (daily, weekly, and long-term).
5. Organize your life, your office, and your desk. Studies have shown having a clean life-space declutters the mind.

Looking for tools to manage your day more proactively? Check out these resources.

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New Year, Fresh Start for 2017

3x3-new-year-fresh-start

New Year, Fresh Start for 2017! Where Will You Take It?
The party favors and New Year’s Eve champagne are gone. You have a New Year, full of hope and promise, ahead of you! Don’t overthink it or tally up an enormous list that is unachievable. Define a few areas in your life that you would like to improve. The year will be successful as you take the time to slow down, be grateful, and make the right choices.

A new year is not just the party, a boatload of resolutions, and anticipation. The year 2017 will take shape as you reach your goals through thousands of small moments; moments where conscious choice leads to richer, more fulfilling life.

Resolutions are merely thoughts you have written down to guide you to a higher level. You may have some money-motivated ideas, lifestyle goals or educational objectives. Write down a few significant possibilities to determine the small steps that would help you achieve personal success. Four best practices to sustain your resolutions.

What would make your life better? Take some time to think about the future. You can enrich your life with thoughtful intentions, making the most of the opportunities that come your way. Take pleasure from your successes and be flexible, try again when your dreams do not go as perfectly as you planned. Franklin D. Roosevelt said, “Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort.”

People are the only living beings on this planet that can visualize a better life in the future. Take this moment to “see” yourself in a new place this coming year and start the journey!

Enjoy this motivational TED Talk from Gilbert Jones (below). He shares how to visualize and incorporate happiness into your life. I hope this will help you to design a prosperous 2017!

Wishing you a joyous, fruitful new year.

Bob

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Seven Spiritual Laws for 2017

3x3-place-in-this-worldToday I would like to share a post from http://www.chopra.com/. I invite you to explore these Seven Spiritual Laws as you formulate your plans and goals for the new year:

Many of us grew up with the belief that achieving success requires relentless hard work, grim determination, and intense ambition. As a result, we may have struggled for years and even reached some of our goals but wound up feeling exhausted, our lives out of balance.

As Deepak Chopra observes in his transformational work, The Seven Spiritual Laws of Success, such desperate striving isn’t necessary or even desirable. In the natural world, creation comes forth with ease. A seed doesn’t struggle to become a tree―it simply unfolds in grace.

The Seven Spiritual Laws are powerful principles you can use to fulfill your deepest desires with effortless joy. If you put them into practice, you’ll realize that you can manifest whatever you’ve been dreaming about.

Fortunately, the laws of success aren’t difficult or mysterious but are easy to understand and apply. There are also many ways for you to learn more about using The Seven Spiritual Laws to attract the life you truly want, and right here is a great place to begin:

Sunday: The Law of Pure Potentiality

Take time to be silent, to just BE. Meditate for 30 minutes twice a day. Silently witness the intelligence within every living thing. Practice non-judgment.

Learn more about The Law of Pure Potentiality 

Monday: The Law of Giving

Today, bring whomever you encounter a gift: a compliment or flower. Gratefully receive gifts. Keep wealth circulating by giving and receiving care, affection, appreciation and love.

Learn more about The Law of Giving

Tuesday: The Law of Karma

Every action generates a force of energy that returns to us in like kind. Choosing actions that bring happiness and success to others ensures the flow of happiness and success to you.

Learn more about The Law of Karma

Wednesday: 
The Law of Least Effort

Accept people, situations, and events as they occur. Take responsibility for your situation and for all events seen as problems. Relinquish the need to defend your point of view.

Learn more about The Law of Least Effort

Thursday: 
The Law of Intention and Desire

Inherent in every intention and desire is the mechanics for its fulfillment. Make a list of desires. Trust that when things don’t seem to go your way, there is a reason.

Learn more about The Law of Intention and Desire

Friday: The Law of Detachment

Allow yourself and others the freedom to be who they are. Do not force solutions—allow solutions to spontaneously emerge. Uncertainty is essential, and your path to freedom.

Learn more about The Law of Detachment

Saturday: The Law of Dharma

Seek your higher Self. Discover your unique talents. Ask yourself how you are best suited to serve humanity. Using your unique talents and serving others brings unlimited bliss and abundance.

 

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FINDING YOUR FINANCIAL GPS

3x3 From A-ZReady to start a NEW PATH?

By setting a financial GPS, you can navigate more efficiently to reach your goals. Using this analogy of traveling through time to reach your next destination is an excellent way to approach your finances. As you journey through life, new opportunities arise, and you have the choice to make changes to hit that next target. Even as you move closer to some of your goals (or destinations) and “things” are on the right track, it is inevitable that roadblocks or challenges will pop up.

When you look at a map or plug a route into your GPS system, you will see numerous roads lead to the same destination. One choice may be the scenic route. Another faster option might be to take the highway, and if you plan several stops to run errands or take in more experiences, your choice might meander a bit – although you have packed more action into your trip. All three choices ultimately lead to the planned location. We must know where we are to make savvy decisions that lead us to the targeted destination

If your only goal is to be rich, your goal may not be specific enough. A financial GPS is no good unless you plug in a dream, a goal or a destination. How can your finances get on board if you do not know where you are going? A grandiose idea such as “being rich” is not a destination. Plugging in a smaller, more strategic financial goals provide you with a meaningful roadmap that brings positive results. You may choose to save $10 per week, freeze the credit cards for one month or save for a big vacation or a home.

Becoming aware of your Money Nerve and exploring what upsets you, helps to redefine your financial GPS. Blindly following the crowd, allowing emotions to rule your decision-making or ignoring money issues – these reactions keep you from attaining your desired financial goals.  Drop old habits that no longer work for your current situation. Stop making choices based on outdated information.

As you recognize your Money Nerve flaring up, take control and empower your financial life. Examine your current lifestyle without blame, make thoughtful changes, and choose proactive actions each day — expand your perspective! Create a life with purpose and a sense of abundance today.

Follow @TheMoneyNerve on Facebook.

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INVESTING IN VALUE = Long Term Success

3x3 Invest in Value

When you have something of value: family, friends, possessions – you want to take care of them, and maintain your investment. Many people are financial quick-fixers with a duct tape mentality, and contrary to popular belief, duct tape doesn’t fix everything. They may get immediate results, but are not actually dealing with the cause of their problem. This can result in complicated or frustrating long-term results.

If you are overdrawn in your bank account, you might think you are doing right by using your credit card to bring your account back into balance. That is robbing Peter to pay Paul. The reality is that you are creating more debt for yourself and adding interest payments to what you owe already.

I joke that I wish I could “un-know” what I know. It is a lot more work when you start to take responsibility for your life. Imagine going to a seminar and hearing that there are eight steps you have to take in order to become a millionaire. Many people in the seminar will stop at four steps and say, “I’ve finished four steps, why don’t I have 500,000 dollars?”

We live in a volatile world. Instead of being a financial quick-fixer, take a longer view into the future, make value-based choices and begin to create a healthy and abundant lifestyle over time.

  • Figure out where you are: Take a look at your spending habits and write down every purchase in a month. Will you be happy with that choice in five years?
  • Identify your priorities: How can you reallocate funds to support your priorities and provide additional value in your life? What really matters to you?
  • Create a financial support system: Actively seek support utilizing professional advice, friends, financial tools, software and applications to set your self up for success.

Once you learn to work with your list of financial goals and stop operating out of fear regarding money, you will see your efforts transfer to other aspects of your life. You may feel more financially confident once you have a clear vision of where you are and where you want to be.

Empowering yourself financially allows you to toss out old reactions and habits. You choose your actions! As you tap into your own power, you no longer wait for luck to happen or hope that you win the lottery—you actively take charge of your life. I call this positive lifestyle where the riches of life are inherent in your soul—proactive abundance!

Have a great week,

Bob