Posted in Building Wealth, Debt Free, Financial Freedom, Winning with Your Money, You and Your Money

I’ve Fallen and I Can’t Get Up

We all have seen or heard this saying before.  Every time I hear it, I picture the elderly lady laying on the floor, alone and helpless.  Until she hits the button and asks for help.  Do you feel like you have fallen and can’t get up?  Do you think you’ve made mistakes in your finances, your career, your relationships, and your life that are so big, you are stuck where you are?

That is simply not true.

Yesterday, like most Sundays, I was sitting around in my pjs, relaxing and watching football.  I happen to be watching the Washington vs. Atlanta game since my Eagles had a bye week.  For the last several years, Atlanta has made it to the post season.  They have been one of the top teams.  However, this year, just a few weeks ago, they found themselves with a record of 1-4.  This record is not good when you have Super Bowl dreams.  Basically, the Falcons had fallen.  And the question everyone was asking was would they get up.

The team answered that question with a resounding “Yes!”.

The announcers were talking about what Coach Quinn had done to rally his team out of their slump.  They talked about how members on the team stepped up and said this is not okay.  They begin making changes – what they had been doing wasn’t working.  They came up with a new plan, a new way and in the process, found success.  Their record after this week is 4-4 – they beat Washington (who is leading their division).  And Julio Jones, one of their key receivers, made a touchdown after 343 days.

So what can we take from all this jibber jabber?  We all fall – even the best fall.  The key to success and winning is whether you decide you get up or keep laying there.  When the lady fell, she reached out for help.  When Atlanta fell, they developed a new plan.

So back to the questions I asked in the beginning – have you fallen?  What are you going to do about it?  Are you going to get up or just lie there?  Are you going to develop a new plan or just keep doing the same thing over and over?  Are you going to ask for help or just stay where you are?

The decision is yours to make.  When I found myself over $200,000 in debt, a single mom, making $10,000 a year, I had these same choices.  I decided to get up.  I decided to develop a new game plan.  I decided to ask for help.  And in doing so, I found success.  Now, what are you going to do?

If you need to press the help button, simply click here and reach out to Debbi and her team.  They have developed products, books and services to serve you anyway that they can.  Personal finance is personal and Debbi and her team are here to meet you where you are and help you reach all of your goals and dreams!

Posted in Building Wealth, Financial Freedom, Winning with Your Money, You and Your Money

Key to Prosperity

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I love sharing this picture over and over.  People think that they can build wealth and reach financial freedom by spending more than they make or waiting until they are older to begin investing in their future.  And it is simply not true.

Today, however, I don’t want to talk about the math.  I want to talk about the emotions of prosperity.  Personal finance is 10% math and 90% emotion.  We get the math shown above, but how we think and the decisions we make keep us from building wealth.

The biggest obstacle we face is ourselves – believing that we can or even should obtain wealth.  God says in Deuteronomy 8:18 that He has given each and every one of us the ability to obtain wealth.  This means that it doesn’t matter where you were born, what your job is, or what your circumstances are.  It doesn’t matter what others do.  All that matters is that you believe in yourself and that you partner with God to make His will happen.

There are so many people in the world, especially Christians, that believe that God doesn’t want us to be prosperous.  They believe that God wants us to remain poor.  And nothing could be further from the truth.  God wants us to remain humble, always, and to give Him the glory, but He also wants us to be prosperous.

First of all, He not only wants to meet our needs, but to give us the desires of our hearts.  He wants to partner with us to have and do the things that mean the most to us.  This is why what one person may receive is different than what others receive.  For example, my dreams include a lot of travel.  For others, their dream is to have a nice home.  Everyone is different and God works with us each individually to reach those dreams.  He also wants us to be an awesome example out in the world.  How can people see how great God is if all of His people are poor?  And if we remain poor, how can we help those in need and be used by Him to meet the needs of others?

God is a god of love and He wants the best for all of His children.  He wants us to have the career that we want to have.  He wants us to have the things that truly make us happy.  He wants us to give to others knowing that giving is a great contributor to happiness.  God wants us to be happy!  He doesn’t want us “just getting by”.  Jesus came “that we may have and enjoy life and have it in abundance.”  John 10:10 (AMP)  

Stop having a poor person’s mentality.  Stop believing that it is God’s will that you struggle or that you are stressed.  Nothing could be further from the truth.  Start partnering today with God to find your true passion, to lay out all of your dreams (current and future), and to believe that you can have anything you want if you just believe.  “Believe and you shall receive.”

Have a blessed and prosperous week!

Love ~Debbi

http://www.debbiking.com

http://www.lovellministries.org

 

Posted in Budgeting for Everyone, College & Student Loans, Debt Free, Saving for Your Future, You and Your Money

College – Is It Worth the Investment?

Clemson's Tillman Hall
Clemson’s Tillman Hall

Today on Twitter, I was participating in a chat on this very subject.  And, as always, I was truly fascinated by the answers to the question and a little concerned.  As a majority, we tend to see college as a must.  We even go so far as to look down on those without a college degree.  But realistically, college isn’t for everyone and in many cases isn’t even necessary.  College is only worth the investment if it is needed and if it is approached wisely and with a plan.

I was blessed to have the opportunity to go to school debt free.  And it was understood that I would go to college when I graduated, basically for the reason I stated above.  No one bothered to ask me what I was passionate about – no one bothered to help me find out what I would love to do every day if money wasn’t a factor.  I just went to college and got a degree in a subject that I was good at in school and had a decent pay grade in the workforce.

And I was miserable for the first 15 years of my adult life.  Many of our youth are heading to college because they are pressured into believing that it is the next logical step.  Guidance counselors are giving out the emails of all students with decent grades to colleges so that they can bombard them with propaganda to come to their school.  The pressure is high and as a result is creating a problem in this country.  We currently have $1.2 trillion in student loan debt.  And much of that debt is for degrees that were never finished or never used.

When deciding for yourself or helping your child decide what to do after high school, consider these 3 tips and consider them in the order that is presented.

  1. What is your passion? – Many careers don’t require a college education.  Some require no experience, some a certificate and some a small amount of vocational schooling.  Before you can decide what education path to take, you must first decide what you want to do – not just a j-o-b, but a career and a passion.  I always throw out the question “What would you do if money wasn’t an issue?”.  The saying “Do what you love and you will never work a day in your life” is so true.  Unfortunately, I didn’t find this out until later in life, but I am so happy I did.  Because now I am doing what I love and I am guiding my 17 year old daughter to her passion – which by the way doesn’t require a college degree.  And odds are she will make more money than most because she will be working for herself.  Owning a small business is a great way to accomplish your passion and make lots of money if done correctly.  You should take some business courses, but it doesn’t require a degree – just some awesome mentoring from those who have been successful.
  2. What is the best way for me to get the education I need? – Once you determine the level of education you need, you then need to find the best way to get that education without becoming part of the statistic above.  You can pay for a 4 year degree with cash and without the help of parents, but you can only do it with a plan and determination.  You have no idea what your first job is going to be or how much you are actually going to be making.  Don’t mortgage your next 20 years if you don’t have to (and you don’t).
  3. Pay cash – This option is harder and may take a little longer, but I promise you it is the best way to invest in your future.  This is where I lose most people – if I haven’t already.  First of all, people don’t believe it can be done.  And secondly, they don’t want to do the work to make it happen.  Yes, it is easier now to sign up for the student loan.  But as millions are finding out, it is not the easiest in the long run.

Here’s the bottom line – I loved every minute of my college experience, but I wasn’t a fan of the 15 years I spent being miserable and not doing something that I was passionate about.  I was working a j-o-b to pay the b-i-l-l-s.  So find what you love to do, wisely get the education you need to get to follow that passion and do it with cash.  Live your dreams!

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