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It’s OK to restart at any time

June 23, 2017 by Raphael Husbands Leave a Comment

We live in a world where we are told that we should all have goals. You know the advice.

Set your goals at the beginning of the new year.

Write them down.

Work on them daily.

Stay focused.

Do all these things if you want your dreams to come true. It’s good advice.

But what happens if you review your goals in the middle of the year and you haven’t gotten much accomplished?

If you’re like most people then you probably get discouraged and disappointed in yourself. And then you quit.

You get so upset with yourself for not following through that you give up your goals altogether. And then scold yourself for “failing” to hit your goals.

Again.

It’s OK…

We all fail sooner or later. Forgive yourself.

And start over.

[Read more…]

Filed Under: Life, Money, Work Tagged With: Forgiving yourself, Goals, New Years, Starting over

The 3 Places You Must Avoid if You Want to be Rich

July 7, 2016 by Raphael Husbands Leave a Comment

Desert Everyone wants to know the “secrets of the rich”. There are many books and articles written about these secrets. What do rich people do that’s different from the rest of us?

What do they buy? Where do they buy it from? Where do they live?

What do they invest in? What kind of businesses do they start? How do they make so much money? How do they get so much done?

People expect to hear about feats of superhuman activity. Exotic investments and exciting once-in-a-lifetime deals that made them millions overnight.

Wealthy people do simple things that just add up over time.

They do small things that help make progress towards their goals. They make sure they’re productive every day. They put their money into things that will benefit themselves first and foremost.

Wealthy people use proven strategies that have been tested over decades. Strategies that have a chance of working out to their own benefit.

It’s not only what they do. It’s also about what they don’t do. They don’t do crazy things with their money. They don’t chase every get-rich-quick scheme that comes along. They don’t go to the wrong places.

Wait a minute, they don’t go to the wrong places? What does that mean?

Wealthy people stay away from places that will make them poor. If you want to be rich and build wealth then here are 3 places to avoid: [Read more…]

Filed Under: Money Tagged With: Bank, Be Rich, Check Cashing Stores, credit, Debt, Loans, Paycheck, Payday Loan

6 Ways to Spend Your Income Tax Refund

April 26, 2016 by Raphael Husbands Leave a Comment

Tax season is in full swing. Most of us are waiting for our income tax returns. You probably have plans for that money already.

Photo Credit: gregory_grookett via Compfight cc

Even if you don’t, other people do. Everywhere you turn you see signs for what you can buy with your tax refund. Businesses on every corner are scheming on your refund check.

Most people just buy consumer goods that lose value quickly.Most people blow it on clothes, vacations, furniture or as a downpayment on a brand new car. Of course, you’re not like most people. You don’t want to do what everyone else does because then you’ll get what everyone else gets.

If you want to do something different with your tax return and get better results then here are a few ideas. [Read more…]

Filed Under: Money Tagged With: Business Ideas, business opportunity, Coverdell Education Savings Account, Emergency Funds, Esa Education Savings Account, income tax, income tax refund, income tax return, Money, Own Business, self improvement, Tax, tax refund, Tax Season, taxes

How to Pay off Debt with the Snowball Method

April 14, 2016 by Raphael Husbands Leave a Comment

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If you’re like most Americans, you’re walking around with debt hanging around your neck. From credit cards to mortgages to student loans and car loans. Debt is ever present and can be overwhelming. Paying off debt is something that people are constantly trying to figure out how to do.

We all know how stressful debt can be. It affects our health, our relationships and peace of mind. It can also hurt our wealth building efforts.

Too much debt can destroy you credit score. (Funny, since having debt is the only way to get a credit score.) That will affect your ability to get loans. Even if you are able to get a loan, then it will affect your interest rate.

The more bad debt you have, the higher your interest rate. The higher your rate, the higher your payments. You’ll have to pay more for everything. You don’t want that, do you?

If you have bad debt racked up on consumer goods then you’re in a bad position. Consumer debt like car loans and unpaid credit card balances have to go as quickly as possible.

Time to eliminate your debt and eliminate it fast. If you’ve had problems sticking to a debt elimination program in the past then try the Snowball method.

It’s considered by many to be the best method for paying off debt. Here’s how you can do it. [Read more…]

Filed Under: Money Tagged With: Bad Debt, Consumers Debt, credit, Credit Card, credit card debt, credit score, Debt, Debt Elimination Program, Debt Pay Off, Debt Snowball, Debt-snowball Method, Eliminate Your Debt, Finance, financial, Loan, Money, Pay Off Debt, Personal Finance, Snowball Method

How To Save Money: 3 Keys to Making it Easy

April 8, 2016 by Raphael Husbands Leave a Comment

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Saving money is hard work, we all know that. In an earlier post we talked about why you should save money. Hopefully you were convinced.

Now you may be wondering how you can actually save money.

It’s easier than you think.

Here are the steps to make it easy and painless to start saving money:

3 Ways to Outsource Your Life Like the Wealthy

April 1, 2016 by Raphael Husbands Leave a Comment

aqua.mech via Compfight cc

One thing that separates the wealthy from average people is having more options to choose how to use their time. It’s been said that wealth is really measured in terms of time not dollars. It means that wealth is measured by how long you can survive without working a job.

It also means being able to use less of your time doing things that you don’t want to do. Using precious time productively to achieve your goals instead of doing mindless chores. The only way to do that is if you can pay someone else to do the dirty work for you. This is the simplest form of outsourcing.

We tend to do undesirable things because they “have to be done”. A lot of times this is true but not everything has to be done by you. There’s always someone willing to do chores for money.

You may not think that you can afford to outsource your life but think again. Even though you may not be able to afford a full staff to run your household, there are some low cost ways to outsource your chores.

Here are 3 of them:

1- Drop off your laundry

This is one of my personal favorites. Who likes to spend hours sorting, washing and folding laundry? If you live in an apartment, this might mean dragging several heavy bags of dirty clothes to the nearest laundromat. Then you’ve got to fight for washers and dryers. Then you sit around waiting for the machines to finish.

Let’s not even think about the best part! Folding.

And lugging it all back home. [Read more…]

Filed Under: Life Tagged With: Life, Money, productivity, Time Management

Why Save Money? 6 reasons to stack your coins

March 24, 2016 by Raphael Husbands 2 Comments

Americans are known for not having good savings habits. “Spend ’til the end” is like a national motto. If you’re someone who doesn’t save money it could be because you don’t see why you should.

There are plenty of reasons to save money starting with:

1- You save your money so that one day your money can save you

We’ve already talked about the importance of an emergency fund. There’s nothing like having cash available to make a serious problem disappear.

There may come a time when you need a large amount of money and can’t use a credit card.

Imagine that you lost your job and your rent is due. Maybe your landlord only accepts cash, checks or money orders. Having cash in the bank will prevent a lot of stress. [Read more…]

Filed Under: Money Tagged With: cash, Credit Card, credit cards, Credits Cards, emergency fund, Finance, Saving Money

How to Recover from Your Holiday Overspending

January 28, 2016 by Raphael Husbands Leave a Comment

It’s January and the holidays are finally over. No more standing on lines for a half hour or more. No more pressure to find that perfect gift. The shopping madness is over.

Well, it’s over for some of us. You may be one of the unfortunate people who has to pay off a huge credit card bill. We all get a little crazy and overspend. Now it’s time to pay off the debt and the thought of it makes your brain hurt.

Here’s how to recover from your holiday overspending:

Face the music and assess the damage

Just thinking about how much money you spent on ~~useless crap~~ those beautiful gifts can be depressing. It’s understandable that you want to ignore it and hope it all goes away. [Read more…]

Filed Under: Life, Money Tagged With: Card Bill, Credit Card, Credit Card Bills, credit card debt, Debt, Finance, Holiday Savings Account, paying off debt

4 Ways to Invest in Yourself

November 19, 2015 by Raphael Husbands Leave a Comment

In the last post, we talked about self-investment being the best form of investing. Now let’s look at 4 specific ways of doing that.

1- Take classes to increase earning ability

The future belongs to the competent. The more valuable skills you have, the more desirable you will be in the marketplace.

One of the easiest ways to improve hard skills is by signing up for classes or workshops. You can learn a new skill quickly by working with an instructor in a classroom environment.

Trying to learn on your own can be a long boring process. You have to learn by trial and error. Sometimes you won’t even realize where you’ve made mistakes.

An inexperienced instructor will give you feedback and show you what to focus on. They will show you faster ways of getting things. You may then be able to perform better than others who have more experience than you do. [Read more…]

Filed Under: Life, Money, Work Tagged With: Investment, Self Investment

The One Sure-Fire Investment That Gets the Best Return on Your Money

July 11, 2014 by Raphael Husbands 1 Comment

We all want to grow our finances but most of us only dream about investing “one day”. The idea of investing money can seem like such a grown-up concept that other people do.

You may think that you’re not sophisticated enough or didn’t come from the right background.

The fear of possibly losing your hard-earned money may have you paralyzed.

Then there’s the overabundance of choices. Most people think of the stock market when the word “invest” comes up but there are as many ways to invest as there are people.

Stocks and bonds.

Real estate.

Businesses.

These are all kinds of investments. There are plenty of categories and countless variations under each category.

In real estate, you can choose to invest in commercial or residential property. If you decide to rent out residential properties then you have plenty of choices. You can focus on single family homes or multiple unit buildings or you can have a tenant in your attic or…

You get the point.

Investing is a big topic but you know you should probably get involved.

With so many options available, the most important question is:

Where should i start?

The answer is simple. [Read more…]

Filed Under: Money Tagged With: Better Jobs, Brian Tracy, career, Develop Skills, financial, future, Improve Your Skills, Invest Money, Investment Guarantees, Marketable Skills, Money, New Skills, personal development, productivity, Self Investment, Skills And Abilities

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