9 Tips For Creating Discipline With Money

9 Tips For Creating Discipline With Money

I frequently get questions from my readers about how to resolve their various financial problems.  The questions range from not being able to save enough, to tackling huge amounts of debt, to how to stop living paycheck to paycheck. One of the common themes I’ve discovered in the hundreds of emails I’ve received, is that most of those readers tell me the root of their problem is a lack of discipline. Lack of Money is Not the Problem Learning discipline when it comes to money is not always easy, but it’s necessary if you want to get ahead financially.  Many […] Read more »

7 Ways You Can Stay Motivated to Get Out of Debt

7 ways to stay motivated to get out of debt resources

Over the years I’ve seen plenty of people get motivated to get out of debt, but they never end up following through with the process.  They are usually pretty fired up about getting out of debt and start out very motivated.  But not long after they start the process, their energy flags and it’s not long before they lose their motivation. I’ve seen a lot of other people make decent progress in paying down debt, but for whatever reason, they end up losing their focus and go back to their old habits, never finishing the get out of debt process.   How to […] Read more »

How to Talk Yourself Out of Debt By Creating a New Script

How to Talk Yourself Out of Debt By Creating a New Script

Could it really be possible to talk yourself out of debt?  Can getting out of debt really be that easy? Actually, no, I don’t believe it is. Getting out of debt is not as easy as talking to yourself using the right words.  You have to take action as well. Even the bible says “In all toil there is profit, but mere talk tends only to poverty”- Proverbs 14:23   The Right Self Talk Helps But using the right kind of self talk can get you into the right mindset to change habits and get out of debt for good. […] Read more »

Financial Literacy: Communication and Teamwork Are Vital to Success

  Preface:  Today I’m taking part in the Financial Literacy Awareness Carnival hosted by Shannon at The Heavy Purse.  Once you’ve finished here, click here and check out the list of other great posts by my fellow bloggers also participating in the carnival! Sitting in a chair facing a filled to capacity movie theater, the question that popped into my head was, “How did I get here?” I was one of three customers invited to the headquarters of CareOne Debt Relief Services in Maryland in September of 2012. They were holding an employee recognition event, and wanted to have a […] Read more »

Teaching Your Kids About Money? 5 Concepts They Need to Know

teaching your kids about money

Are you regularly teaching your kids about money and how to handle it?  I don’t mean just talking about very simple concepts such as “save money” or “don’t spend it all”.  I mean are you really teaching them what money is all about? When they get older are they going to have a clear picture of how to manage their money well so they don’t end up in financial trouble like so many people who never learn these principles?    The Basics Still Apply Managing money is much more difficult than it was 40-50 years ago because most of us […] Read more »

Want To Achieve Your Goals? Improve a Little Each Day

I turned the corner, and the numbers came into focus on the clock counting the finishing times of the 5K I was running on Sunday morning. The clock said 25:55 as I crossed through the inflatable finish line. My first thought was that of satisfaction in finishing under my goal of 27 minutes. The next thought was that I knew I could do better. It’s been a few years since I’ve done a race of this specific distance, so I wasn’t sure of what pace to start at. I started too slow, and then slowly increased my speed. My failure […] Read more »

What Does It Mean To Get Our Finances Back On Track?

Goal: Get our finances back on track. Yep, that’s the goal, but what does that really mean? The thing I talk about most frequently is the $109,000 in credit card debt that my wife and I are paying off through the help of a debt management plan. While it is the biggest and most visible item, it’s not the only thing that needs to be done to repair the damage done by the thirteen years of over spending that left us at the edge of financial disaster. It’s completion, however, will unlock our ability to finally put into place the […] Read more »

My New “Celebrating Financial Freedom” Course!

Celebrating financial freedom online get out of debt course

If you’ve been following my posts here on EOD for a while now, you may know that I offer a popular Christian get out of debt course that I’ve taught at various venues over the years. The course has always been offered in a physical version with a workbook and CD’s. I’ve been asked many times if I have the course available in an online format, and I’ve always had to say “no”. But not anymore. You Can Win Access to the Course for Free!  (Continue Reading)   You Asked, I’m Making it Happen Over the last few months, I’ve […] Read more »

Performance Check, 30 Day Financial Challenge

It is time to check in on my 30 day financial challenges. If you have been following along, I decided to utilize the “30 day challenge” concept popular for fitness, for finance. I chose two challenges. The first challenge is something I am familiar with, the five dollar bill challenge. It is pretty simple, every time you find yourself with a five dollar bill; you put it away and do not spend it. Although November is not quite over, I have saved $25 bucks. I am a debit card kind of girl, so I don’t normally carry or transact in […] Read more »

Use The 4 Keys of Consistency to Get Out of Debt

consistent get out of debt

When you decide to start getting out of debt, it can be hard because you’re attempting to live life in a new way.  You’re changing your mindset about money and developing new habits that you hope to be permanent. But while you’re in the midst of making all these changes, it can be easy to let some of those old habits and mindsets creep back in. Change is hard. That’s why it’s necessary to learn how to be consistent when you’re trying to getting out of debt.   It Takes Firmness of Character To Get Out of Debt One definition […] Read more »

Creating The Right Mindset to Get Out of Debt

Many of you are constantly thinking about ways to change your habits, your finances, your life, and whatever else you can to help make the future better.  That’s what smart people do. When it comes to making change happen, the first step you have to take is to create a mindset for yourself that’s going to allow you to succeed. Let’s face it, if you decide you want to make changes big or small, but you don’t really take the step of preparing for that change, then it’s just wishful thinking- you’re living in a fantasy world. Good preparation breeds […] Read more »

A Taste of Financial Freedom

On Saturday Vonnie turned the big 4-0.  Forty is the age where people question their place in life, reflect upon what they have or haven’t accomplished, and question their mortality. In other words, their 40th birthday can leave a person feeling old. I wanted to give my wife a day of fun that would make her feel special, and help ease her way into her fifth decade on planet earth. The night before her birthday I told Vonnie that she better get some rest because she was in for a very busy day. She started to ask questions, but I […] Read more »

After 10 Years of Marriage, I Still Have a lot to Learn.

My Husband and I will be celebrating our 10 year anniversary this Friday.   To celebrate we went away this past weekend and stayed in downtown Baltimore. Clearly we had two goals with going away 1. Go far, far away from our darling children 2. Spend quality uninterrupted time together Originally we had big plans lined up to celebrate this particular anniversary; we had a trip to South Carolina or NYC planned and budgeted accordingly.   After several discussions my husband and I agreed to not spend too much money and play it closer to home. We settled on our […] Read more »

The Winds Of Debt Only Blow In One Direction

A windy day was in the forecast with gusts up to 40mph. I didn’t care, I was going for my run. The wind smacked me in the face almost immediately as I started off down the street. I tucked my head down, turned the volume up on my iPod, and cut through the wind for the first half of my run. Every step was a struggle, the end of each block a victory. I was grateful when I reached that familiar street corner that represented the half way point of my run. I smiled as I turned the corner, knowing […] Read more »