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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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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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A BETTER LIFE

3x3-a-better-life

A Better Life- Since the beginning of mankind’s existence, people have searched for a way to build a better life. Even in today’s world, with all of our knowledge and a vast amount of wealth and resources, we all still yearn for the best life we can create. It is a universal sense of making our world a better place to be.

What is a better life? Some people say it is enough food, a roof over our heads, education, and the opportunity to better ourselves, and enjoy a balance of work and recreation. Become more proactive by living fully every day; it is imperative to think ahead and plan a rough outline of what is important to you and what you wish to achieve over time.

Many old sayings and fables allude to being organized and making intentional choices with money. Have you ever heard these sayings?

Don’t count your chickens before they are hatched ~ Aesop’s Fables. My modern day translation: Don’t put all your purchases on a credit card when you cannot even make the monthly payment.

A fool and his money are soon parted ~ Thomas Tusser. My modern translation: People who make stupid money decisions soon lose all of their money and become poor.

He who pays the piper calls the tune ~ Unknown. My modern day translation: A person who has the money to pay for services has the right to state how the money should be used and to receive exactly what he or she wants.

Money grows through sheer persistence ~ Japanese proverb. My modern day translation: Slow, steady steps toward improving your money decisions and enriching your live takes thoughtfulness.

A rich man is nothing more than a poor man with money ~ W.C. Fields. My modern day translation: You are who you are, no matter how many dollars are in your pocket

Don’t let making a living prevent you from making a life ~ John Wooden. My modern day translation: Remember what is most important in life; family, friends, respecting and loving others.

A man in debt is so far a slave ~ Ralph Waldo Emerson. My modern day translation: When you allow yourself to owe more money than you can repay, you have lost all control of your day-to-day decisions and can be manipulated by all. You have lost your freedom to live as you wish.

Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver ~ Ayn Rand. My modern day translation: You have the power. You can create a better life. Your actions have a direct impact on the results.

If one of these sayings resonates with you; write down and tape it to your mirror. Say it aloud every morning and consciously make daily decisions that lead to a better life!

(photo via http://easyway1234.blogspot.com/2016/05/dont-count-your-chickens-before-they.html)

 

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SMALL STEPS TO SUCCESS

3x3 Baby Steps to Success

Small Steps to Success: Large dreams are often extinguished by the sheer size of the goal along with a lot of self-doubts, but using small steps to success each day, will ensure you of getting closer to your dreams day by day.

Two simple tools for moving forward are:
1. Setting intentions with a strategic plan
2. Making small consistent actions each day that will move you to the goal

Sometimes big goals or life destinations can be a bit overwhelming. Know where you are right now! Determine where you want to be and breakdown that monstrous goal into smaller chunks. Breaking the bigger picture into small steps to success allows you to create small “wins” each week and will increase your confidence to tackle the next step in your journey.

There are so many possibilities for reaching your goal that sometimes people can’t even begin. When faced with this decision-making paralysis, many people quit before they start. Small, easy steps each day will have more impact than a few “big leaps.” So you want to save $20,000 for a down payment on a house.

Here are a few scenarios to achieve this:
Step1: Put all your pocket change in a jar to start your savings account. Once you have $100, you open an account at the bank.
Step 2: Set up an auto draft within your checking account to take $10 per paycheck or $5 per week from checking into your new savings account. You have now created a new positive habit without a colossal amount of pain.
Step 3: If you get a bonus check, deposit that into your savings. If you get a tax refund, deposit that into your savings. If you are still saving the change, start adding all the $1 bills left in your wallet into the jar each night – deposit when the jar is full.
Step 4: After six months, increase your auto draft to $15 per paycheck; you have gotten more comfortable with the fact that you are not punishing yourself by saving — you are reallocating your money in a new direction.

Small steps to success with a proactive plan will put you into a new home before you know it. Now plug in your big goal and develop your step-by-step plan today!

Bob

Ready to learn more proactive tips? Let me know what questions or comments you have:

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CREATE INCREDIBLE CHANGE

incredible change

Intentions, coupled with thoughtful choices to support a new direction in life, can bring about incredible change.

One of my main reasons for writing a book, hosting seminars and webinars to educate people on finding a better formula for making money choices was the fact that many of my clients could not separate their emotions from their financial decisions. I realized that lots of people felt shame or despair when making reactive emotional choices. I firmly believe a person CAN reallocate their time and money to create more positive results, especially when setting clear intentions ahead of time.

Your best friend and your worst enemy are both in this room right now.
It’s not your neighbor right or left – and it’s not God or the devil; it’s you.
– Edwin Louis Cole

In the last #MoneyNerve post, I explored the concept of setting your financial GPS; knowing where you are to reach a new destination. Check out this info-graphic for creating incredible change. I wanted to share this visual for setting up an action plan and achieving your goals.

Achieving-Goals-Infographic

Joi, at Self Help Daily, shares this mental tidbit, “When it comes to goals, a lot of people have a tendency to call them by the wrong name: dreams, hopes, wishes… While there’s nothing wrong with any of these words (personally, I’m smitten with each one), when we use words like this we kind of take ourselves out of the equation. Dreams, hopes, and wishes – they more or less indicate that success will come at random – yet that is not always the case. While I’m all for positive thought and firmly believe that we can produce more positivity in our lives by first being positive, ourselves, good things do not just happen because we want them to.”

I hope you enjoy reviewing this simple info-graphic and use it to boost your strategy. Now’s the time to blaze a new trail toward healthier money decisions!

~Bob

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Setting Your Priorities

Shift in Perspective

Re-evaluating what is most important can be life changing. Studies have proven that effective goal setting can bring about significant change in a person’s thought actions and lifestyle.

Sometimes people procrastinate because the task seems to big to handle. Some folks concentrate on tiny meaningless decisions that don’t make an impact on critical choices. Some people think there just isn’t enough time, but in creating a slight mental shift, time and desire can redirect your time, efforts and concentration to become more productive in your choices.

One of the benefits you may have as you make progress in one or two areas — you may find that your renewed focus and energy manifest positive changes in other aspects of your life as well. Setting goals is an excellent way to discover your true internal beliefs and take actions that are true to the “real” you. You can learn to create balance and success in both your personal and professional live.

While it may feel overwhelming, stating intentions and setting goals can be broken down into a few easy steps.

  • Step 1: Write down all of your goals for the next 2-5 years. Rank them by what you desire most and then make a side note determining if the goals are easy or difficult. Breaking the bigger, more challenging goals into smaller “chapters” gives you the ability to work out a solution over time.
  • Step 2: Realize you can’t make massive changes in every area of your life at the same time. Pick three main goals to begin with and stay focused on those first.
  • Step 3: Write down your goals and start a journal to review your thoughts, write yourself notes or log inspirational quotes or ideas to keep you going. You may find the goal evolves with time, producing better results.
  • Step 4: Reward yourself for success. Many “pint-sized” steps can culminate in achieving substantial results. Take time to recognize small victories and “treat” yourself with a little reward.

Life is a series of snapshots and moments that create the wholeness and beauty of our lives – rejoice in it!

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PASSING THE TORCH with ABUNDANT GIVING

Abundance is more than enoughChanging your “mental map” or mindset can create wealth in your life.

Living an abundant life is a proactive attitude to seek out what is important to you and strive to create a purposeful life. There is more to life than sitting at the computer every day and then sitting on the couch passively watching other people’s lives. You shape your world by how you choose to take action on the circumstances thrown your way. Decide if you want to allow others’ actions to ignite your anger or feelingsor if you would like to make intentional choices for a more positive outcome.

Give to others with a generous spirit: When you give time or money to others, you are implying that goodness is there for all. The positive energy from an intentional gift “without strings” will open your heart and mind to the abundance of your life. Intentionally put $2 in your pocket to have on hand to help others, or use the next few weeks to “pay it forward” for someone else, just because you can.

Find the goodness in people and enjoy the richness of life. With all the tragedy we have witnessed in the past few months, it seems like covering our ears, bolting our doors and making our world smaller is the best course of action – but that action could be counter-intuitive. Look for the goodness in others, have empathy for those in need, and find a way to forgive those around you for past hurts. Forgiving is another way to pay it forward.

As we move into the holidays, find time to share your vision of happiness, peace and thankfulness. More money and material possessions will not make you happy. Peace and happiness come from within. When you share your peace and love with others, you add worth to others, honor their spirit and that action makes the world a better place for all.

Have a great week

Bob

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Facing Financial Fears

The Money Nerve

83% of Americans have at least one financial fear that keeps them up at night. And not surprising, almost a third worry about retirement and healthcare costs. Most people would rather ignore their nagging concerns and continue suffering in a familiar pattern rather than facing their fear and making a change.

Where are you really?

You can’t get to your ultimate destination if you don’t know your starting point.

The first key to alleviating your fear is to be honest. The more accurate the assessment, the more secure you will be in your position. You might be frustrated, but you will be aware of your financial truth and knowing where the breakdown occurs allows you to fix some of those issues.

Turn your insecurity around:

• Evaluate your social circle.
• Surround yourself with supportive friends.
• Budget truthfully so you know your financial position.

Review your income and expenses, explore where you spend your time and track down hidden costs. When you do these things, it is crucial to be honest with yourself. What do you actually earn? What do you really spend? What do you pretend is not relevant to your budget?

Most people “round up” on their income and “round down” on their expenses. If you want to get ahead and be financially successful, always lower your income estimates and raise your expense estimates. This trick will help give you a cushion for the realities of your inflows and outflows of cash.

The best way to face your financial fears is to create a budget. Having guidelines can bring comfort and structure to your plan. Start small & build your financial muscle over time. Do you have a savings account? Try to put a small percentage or dollar amount with each paycheck. If you get a raise, continue to live on the former salary & put the increase in the bank. That is a painless and highly effective more to build your wealth.

Check some of the tools we have placed HERE to help you jumpstart smart financial choices.

Don’t be scared ~ Be proactive!

Bob

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FIND YOUR PASSION, PURPOSE & POWER

3x3 Power PoseDo you always accept circumstances as they appear to be or do you question what comes your way? When taking everything at face value without asking questions and exploring a better or different option, many doors may remain shut. By opening yourself to others, investigating new ideas, finding new ways to tackle a challenge and visualizing a different perspective, you can make changes in the way you handle decisions.

If you want to make a change, but are not sure what the step is, here are some thoughtful solutions for beginning a new journey of personal assessment and growth.

 

How do you begin exploring personal and financial growth?
· What are your strengths?
· Is your internal view of yourself realistic?
· Do your values align with your goals?
· Are there mental/ emotional barriers that need overcoming to be successful?
· What do you need to take the next step?

Examine your story and ask questions. Does this story (well worn and comfortable) still fit your life? If not, how do you take stock of the past and re-frame that internal vision of yourself?

Reflect on these questions below to determine where you are:
Who are you?
What are your values?
What are you passions?
What is your purpose?

Have you ever browsed through old photos and marveled how people and places have changed so dramatically? Notice the changes in you over time and investigate ways to realign your passion and purpose to reach your goals. Life is about change and knowing who and where you are in life, assists you to move forward in a new direction.
Maybe you allow other people’s stories to define who you are, and it is time to take responsibility for you are. Embrace who you are, own your choices and begin to make proactive decisions and adjustments to reach your goals.

We all have different wants and needs. Some people have a strong desire to invest in their future. Others want to live exuberantly at the moment. We all have distinct levels of emotional tolerance toward our present situation. When we feel pain or guilt, are scared and ashamed of our actions, those negative emotions are a sign that change might be a powerful step into a more positive, meaningful future.

I want to share this video of Amy Cuddy speaking about change, on both an emotional and physical level. If you have ever felt inadequate or that you are a “fake” and it’s just a matter of time before “everyone” finds out, this clip may be life changing for you! In addition to mentally focusing on a new goal, Amy shares scientific evidence that simple changes in your body language can effect other people’s opinions about you and enhance your success! It certainly affected me, and I hope you will also find it valuable.

Video: Don’t Fake it ‘till you make it; Fake it until You Become it!

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POSITIVE FLOW

Positive FlowDo you ever find yourself so completely immersed in what you’re doing that you lose track of time? All of a sudden you look up at the clock and realize that hours have passed and you missed dinner time? Think a minute about this. When does this loss of time and total engagement typically occur for you?

This could apply to a martial artist completely absorbed in perfecting a flying kick, or a violinist fiercely concentrating on a complex symphony. One may find still greater happiness working towards long-term, meaningful goals. Viktor Frankl, who survived a Nazi concentration camp, once said “What man actually needs is not a tensionless state but rather the striving and struggling for some goal worthy of him.” (Frankl, 1992)

According to The Pursuit of Happiness this loss of self-consciousness that happens when you are completely absorbed in an activity – intellectual, professional, or physical – is described in contemporary psychology as a state of flow. In order for a flow state to occur, you must see the activity as voluntary, enjoyable (intrinsically motivating), and it must require skill and be challenging (but not too challenging) with clear goals towards success. You must feel as though you have control and receive immediate feedback with room for growth. Interestingly, a flow state is characterized by the absence of emotion – a complete loss of self-consciousness –however, in retrospect, the flow activity may be described as enjoyable and even exhilarating!

A growing body of scientific evidence indicates that flow is highly correlated with happiness, both SWB (Subjective well-being) and PWB (Psychological well-being). Furthermore, it has been found that people who experience a lot of flow regularly also develop other positive traits, such as increased concentration, self-esteem, and performance.

In one study, 250 “high-flow” and “low-flow” teenagers were asked to report on their feelings and activities at regular intervals (Csikszentmihalyi & Csikszentmihalyi, 1988). The high-flow teenagers on average reported more time spent on “active leisure” activities such as hobbies, sports and homework. The high-flow teenagers also measured higher levels of self-esteem and engagement. Interestingly, however, the high-flow teenagers self-reported lower levels of fun than the low-flow teenagers.

Apparently, high-flow teenagers see their low-flow peers as experiencing more fun engaging in low-flow activities, such as video games, TV or socializing. However, the high-flow kids end up having greater long term happiness as well as success in school, social relationships and careers. If flow has such incredible benefits to our happiness, relationships and success, then why do people habitually choose low-flow activities?

Why do people, in the moment, choose another episode of American Idol over a game of pickup basketball? One hypothesis is that the high-flow activities require more initial motivation because they do require skill and concentration. In other words, high-flow activities are work! But work that pays off. Low-flow activities, such as watching TV, could contribute to depression and low self-esteem.

Thus, when we are actively involved in trying to reach a goal, or an activity that is challenging but well suited to our skills, we can all experience a joyful state called “flow.”  The experience of flow in both professional and leisure activities leads to increased positive affect, performance, and commitment to long-term, meaningful goals.

Take a moment to determine what is most important to you and what activities take you to a place of timelessness. Find your flow for a more abundant life!

Bob