How are you doing?

We are about to complete the first month of 2017. That’s right, we’re almost 1/12 through the new year already! It’s a great time to measure our initial progress. I set a few large goals for this year. Did you? How are you doing on them? Are you winning at some and have room to improve others? Well beating yourself up won’t do any good. Do y need to adjust some actual goals or do you need to alter your approach? I challenge to you ask yourself: Which goals have you achieved? Tell somebody of your accomplishments! Pat yourself on the back. Which goals are still in process? Are you making progress on them? Which goals need to be adjusted? Perhaps your goals weren’t SMART enough. (Specific, Measurable, Attainable, Realistic, Timely) Is it possible you’re not focusing on the right areas for now? (Click on Rate Your Life to see if you’re putting energy into the parts of your life that need the most attention now.) Success is not just about accomplishing all your goals, but also seeing where you need to adjust, setting new goals, or tweaking your approach.  Don’t beat yourself up for your failures. Rather focus on your accomplishments and make adjustments to continue moving forward. It’s not too late. After all, you still have 11/12 of the year...

Mid-year Checkup

As we begin the second half of the year, it’s a good time to do a quick self-assessment. Perhaps you wrote down some desires or goals, or wrote thought thoughts and aspirations in a journal. I actually poked around my computer notes and realized it was exactly four years ago now that I started life coach training. Part of this included being coached myself. Kicking off the process was writing down some desires and expectations I was to work on, with 4 guiding questions: What are the one or two things that are on God’s agenda for my life right now? If I could change one thing in my life right now what would it be? What are the obstacles that are holding me back from reaching my potential in this season of life? When I think ahead to 3 years from now, how do I want my life to be different? I can’t tell you how encouraged I was to go back and see that I have either realized what  I expressed or have made significant progress on each item. The things that seemed quite fuzzy four years ago are no longer fuzzy, and I have made significant life changes to live a healthier life. How are you doing on the goals you set for yourself this year? If you’ve made progress on any, congratulate yourself and tell someone! If you still have work to do, remember that you still have half of the year left! Renew your commitment. Which goals are still in process? Are you making progress on them? Which goals need to be adjusted? Perhaps your goals weren’t SMART enough. (Specific, Measurable, Attainable, Realistic, Timely) Success is not just about accomplishing all your goals, but also seeing where you need to adjust,...

Spending Energy

Where Will Your Energy Go in 2015? As I get older, I am more aware of the limits of my energy. So when I think about having another year to, “laugh and love and live,” as my dad used to say, I’m starting to consider the coming months differently. The first difference is that I am looking at the “channels” where my energy can flow, rather than specific goals I want to accomplish. Hmmm. Energy vs. goals. Both are important. But it seems I first need to identify what is important in my life, and where of the many potential directions, I want to go this year. Where will I put my energy? As a coach, I usually ask my coachees (clients) to identify the ‘big rocks’ (priorities) in their lives. These are the major responsibilities that you need to balance in your life; they don’t change much from year to year unless you have a significant shift like a job change. Channels are a different. I see them as more specific aspects of those big rocks that you really want to see grow and expand in the next year. For example, one of my big rocks is the vacation rental business I want to grow this year. My major channels are pursuing new clients and creating sustainable and reproducible systems for each aspect of the business. There will be many other responsibilities that will take my time and energy as well, but these are the ones I would like to really give my energy to this year. And that brings me to another realization. I find I have different kinds of energy, and when one is exhausted, another may still have some fuel in the tank. When it comes to channeling my energy,...

How I Made $34,000 Without Really Trying Jun27

How I Made $34,000 Without Really Trying

There are many important factors in financial success. But for sure there are 2 key ones. Income and expenses. One comes in; the other goes out. Generate income. Dave Ramsey calls the need for more income getting a bigger shovel. You need more than you live on. You don’t need to live within your means, you need to live below your means if you are to save for emergencies and old age.  Life always costs more than we anticipate. Spend less. That means not getting everything we want (saying no to yourself and the kids), not eating out as much, and looking for bargains. Some people clip coupons. Some make things themselves. There are many ways to save, and those little savings can add up to big ones. Recently I’ve been able to save BIG with a few minor changes, netting me over $34,000! 1. I cut the cable, well the DirecTV satellite service. Instead of $65/month for TV (I had the lowest package), I am now the proud owner of a digital antenna ($20 used from Amazon) and a Roku box ($68 refurbished Roku 2XS from Amazon). In addition to live TV through the air, I get TV and movies through Amazon prime  (for $79/year) and Netflix streaming for $8/month ($96/year). Savings=$605 per year. 2. I refinanced my house, lowering my interest rate from 5% to 3.75%, saving me almost $200/month or $2400 per year. Over the life of the loan, depending on how fast I pay it off, I will have saved at least $36,000. 3. I shopped for different car and home insurance. I worked with an insurance broker who shopped around with different companies and got me great rates (and better coverage on my house). Savings=$421/year. Just these 3 relatively simple steps will save me about $3,426 this next year! That’s $34,250 over 10 years! That money changed from an outflow to an inflow! I made over $34,000 without really trying! That is money that can be saved, given to charity or used toward other priorities. It will certainly more than cover my student loans. What is your time worth? I probably spent a maximum of 3 hours shopping for new home and auto insurance. If I save $421 this year, then I my efforts paid $140/hour. Not bad wages! How can you save money? Resist the temptation to go with the status quo. Don’t be afraid of change. For example, most people stick with the same insurance company because it’s comfortable, even if they think they can save money elsewhere. You can’t be afraid to escape your little comfort zone and explore. The savings can be huge! Then you can pay off debt, give, or save for the things you will need or want later. Sit down and make a list of potential ways to save money. Here are some ideas: Do you really need a home phone as well as a cell? Don’t keep the landline just because you’ve always had it! Would it be worth joining a warehouse club to save on groceries and other expenses? Cut the grass yourself instead of paying someone else. Unless your legs are broken or you’re very old, can’t you do it yourself? Don’t buy a new car. Whats wrong with the one you have? I bought my Acura new in 1990 and am still driving it 240,000+ miles later! Think of the goals you could achieve if you didn’t have financial pressures! I promise it will SO be worth your...

Goals for 2013 Mar11

Goals for 2013

Link – How are you doing on your 2013 goals? I’m a big fan of financial guru, Dave Ramsey. He is the author of multiple books including the best seller, The Total Money Makeover. I listen to Dave’s radio show and audio podcasts as often as I can because it helps me keep on course to make wise financial decisions. Most of us live in cultures where the predominant messages are, “SPEND! SPEND! SPEND” Ramsey teaches God’s way (which turns out to be the best way–go figure) for handling money. Here is a short article he released titled, How to Set the Wrong Goals. Check it...