#and if its clothes or trinkets i can only spend less than 5 dollars

[webvampzz]

me when i want to buy something but its over 20 dollars

[hannahchusidillustrations-blog1]

BLAZE Your Financial Future: 5 Steps to Create Wealth in Your Life

These days, it seems that numerous people need some love that is tough it comes to their financial health. Every day I meet people who have become unemployed, have taken a pay cut, or are experiencing a period that is slow their business. Along with that, they have credit card and student loan financial obligation, and their taxes, food, and gas costs are all skyrocketing. Sound familiar?

These individuals don’t need a simple money bandage to get them through the tough times; they need financial heart surgery! If that’s where you are right now with your business and personal finances, you are not alone.

So let’s get certain. Following is a detailed, five-step plan I share with my coaching client on how they can BLAZE their finances back on track. But beware: like that heart surgery metaphor, some of these steps aren’t going to be fun. Some could even hurt. But that’s the point: heart surgery isn’t fun, but it will save your life.

• B – Build Your Budget

When most people hear the expressed word“budget,” they recoil like a turtle into its shell. But once you see how budgeting can save your life that is financial becomes fun. Budgeting is a three-stop process.

Step one: Document your monthly expenses. This listing of expenses must include EVERYTHING. So grab all your bills right down to the Starbucks that is last latte. The goal is to have an accurate—not an imaginary—look at where you are financially. http://clashofclanscheats.us/ Just what you see may not be pretty, but that’s okay.

Step two: Calculate your charge card debt. Grab your bank cards and line them up in your desk. Call each company and ask them what your current APR is. Then, you’re going to instantly save money by getting them to change your interest rate. Here’s what you say: When they tell you your card’s current interest rate, you simply say, “Excuse me? How much did you just say?” And after they repeat the absurdly high number, you respond with, “Okay, I need to know what you’re going to do about that. Every day I’m getting a wave that is tidal of card offers with rates way lower than that. I’ve been with you for a while. So I need to know your absolute best rate offer you can give me today.” Then be silent and let your charge card company fight to give you a better deal. It always shocks people when they see just how much better of an interest rate they can get.

Next step: Cut your expenses. Look at the luxuries that are little give yourself each month, such as going out to lunch. A week for 52 weeks, that’s $2600 in one year while $10 for lunch may not sound like a big amount, when you multiply that by five days. Yes, you have to eat, but can you trim back to eating out two or three days a rather than five week? Now look down your list of monthly essential spending—things like gas for your vehicle. Do the math. The money you’re spending on eating out is the equivalent of over 700 gallons of gas! What if you could take half of that money and pay down the debt you owe on your credit cards? That would be like making money out of thin air. So every time you plan a trip out to lunch, visualize an essential spending item where your money would be more productive.

• L – Live Below Your Means

Living below your means does not always mean taking a vow of poverty. Very shocking things I’ve learned working with CEOs and those who’ve earned mega wealth is how modest and frugal almost all of them are—not cheap, but frugal. In other words, when there’s something worthy of making a investment that is serious like building their business web site, hiring an executive coach, or investing in the most talented accountant or lawyer, they go premium and spend. But when it comes to less important things, they hunt for a deal.

For instance, the Mayor of nyc, Michael Bloomberg, may be the 23rd person that is richest in the world. His worth that is net is at over $18 billion. But, based on the New York Post, Mayor Bloomberg has been wearing the pair that is same of shoes for 10 years. A reporter asked his representative why that was, and the representative said that Bloomberg only owns two pairs of dress shoes. He said, “He could buy any shoes he wanted, but he likes these…He buys just what he needs.”

If you grew up without much money, maybe those trinkets and designer handbags are status symbols that make you feel secure. Perhaps you think that those designer dress shoes are a projection of your inner worth. But the reality is that those at the don’t that are top like that, and neither should you if you'd like to join them.

• A – Accelerate Savings

The great financial writer David Bach says that individuals often give excuses as to why they can’t build up a savings account. He asks people to consider the “Latte Factor,” which is the idea that if you gave up your morning latte and muffin for a year, you’d have several thousands of dollars to save or invest. Again, it’s more or less finding those certain areas where you aren’t living below your means, focusing on it, and remaining disciplined about chipping away at debt or waste.

• Z – Zap Negative Spending Thoughts

When you go through a money makeover, it’s common to develop thoughts that are negative your lack or desire to splurge and spend. People feel such pressure to “keep up with the Jones” that they run their lives that are financial the ground. So here’s a tip that is fast zap negative spending thoughts. If you’re anything like most people, every day your email inbox gets flooded with materialistic marketing offers from your favorite clothing designer, cosmetic company, home furnishings store…whatever. That daily bombardment that is visual of can make you hunger for things you don’t need. So here’s what you do: Unsubscribe from ALL of those email lists…RIGHT NOW.

The more you de-clutter your spending that is visual landscape the easier it will be to reprogram your money mindset. You don’t need that stuff anyway, so remove the temptation. And even if you think you can overcome the temptation, you still want to create a new mental construct that’s based on the fifth and final principle…

• E – Enrich Others Through Giving

Marc Hrisko, wealth coach and author of the written book Kangaroo Millionaire, says, “Money is a boomerang…it always comes back to you.” The more you give, the more you receive in other words. Now that’s not saying you give in order to get. It simply means that giving teaches one to live from a large amount mindset, not a scarcity mindset.

Now here’s the part that is best: giving doesn’t require money. You can go to sites such as , , and to learn how you can donate one of your most resources that are precious your skills, time, and/or talents. The greater amount of you do that, the better you will be at perfecting your resources that are own.

Perhaps the bible (Christian Doctrine) dictates that we share as part of our financial health. Tithing is a popular way to do that, whereby you share 10% of a needy source to your income. So ask yourself, what is your tithe? What can you give every day or month that is an expression of your confidence that is financial and to care for the world around you?

When you think about giving think of this: Most of us spend our lives working ourselves to death to get things. We’re taught: “Work hard if you want to live the life.&rdquo that is good What I’m saying is different: “Work hard on who you’re being in the global world.” Keep in mind, what you've got in your life is a reflection of who you are.

Take Control

Taking control of your finances requires commitment. Just what are you committed to? Whether you are committed to your problems or to your dreams, to avoiding responsibility or achieving success, to taking life easy or making a difference no matter what effort it takes, you are being whatever you’re committed to. Commit to BLAZE your future that is financial today you can have the the next day of your dreams.

Read More Articles about BLAZE Your Financial Future: 5 Steps to Create Wealth in Your Life on my blog http://hannahchusidillustrations.tumblr.com/