Feb
10
2009
0

Need More Money in Your Pocket? Keep Reading if You Do… Part #2

Back in late December, I wrote a blog post on TodayAbundance.com titled “Need More Money in Your Pocket? Keep Reading if You Do…

In essence, I wrote down 3 major & practical rules that my wife and I have followed… which have brought us tremendous financial success these past few years.

The rules that we follow to a “T” are as follows:

1) Give away the first 10% of your income (church, non-profit agency, etc.)
2) Save the second 10% of your income (savings account, investment, debt reduction)
3) Pay all Your Bills on Time (this shows God, you are a GOOD steward of the money that you already have… and that you are responsible to handle even more money)

Do these 3 rules sound crazy? Well who cares… they work! While everybody else complains about the economy being crazy… while everybody else complains about their mortgages skyrocketing through the roof… while everybody else complains about job insecurity… me and my household sleep GOOD and PEACEFUL at night.

To read the original blog post, CLICK HERE NOW:

At the end of that original blog post, I promised more tips… and here are 2 more tips:

#1) FOCUS…. FOCUS…. FOCUS!

Whatever it is that you do for income (or aspire to do)… focus in on it and become GREAt at it. Let the main thing be the main thing. Don’t be a jack of all-trades… and a master of none, because the only thing you’ll have at the end of the day in your bank account… is jack squat!

So whether you are in business for yourself… or you work at a company or organization, set the limits high for yourself… and make it your prime goal to become the BEST at your job and position, and watch the dollars follow behind you.

Learn all that you can & master your work position through books, seminars, classes, videos, online research, through mentors, whatever it takes… do it and don’t complain, because losers gripe and cry… but winners tough it out and accomplish what needs to be accomplished by “any means necessary!”

#2) Need to Increase Your Income Level? Try any of these 3 ideas.

The following are the 3 ideas at the top of my list for increasing your income long-term:

A. Sales Position (the highest paying job in the world)
Yeah, I know sales jobs in general suck… but they are still the “highest paying job” in the world! A good salesman (or saleswoman) can earn a 6-figure… and even 7-figure income salaries a year, depending on what they are selling and how high the commissions are.

Sales positions are good, because very rarely do you need a college degree… all you need is ambition, drive, and a friendly personality. Sales positions you can get into include: car sales, insurance sales, real estate, medical, pharmacutical.

B. Go to a 2-Year/4-Year College
This is GREAT option for younger folks, obviously. I won’t go into the details of why getting a 4-year or Master’s degree can increase your income, but did you know that there are a few positions (such as a registered nurse, radiology tech, information technology, etc.) that you can go to a 2-year Junior college… and start making $60,000+ a year? Not too bad of a salary for 2 years of your life… is it?

C. Start Your Own Business
Yes sir…. this is my favorite one. Why work for “the man”… when you can become “the man”? There are many businesses that you can start… that allow you to supplement your current income… and even replace it, that don’t cost a lot of money or capital to start up.

Some businesses that come to mind include: Selling goods on eBay, housecleaning, lawncare, daycare, life coaching, painting, roofing, being a virtual assistant, importing/exporting goods, and anything Internet related.

Trust me, you can make good money with little capital or money in your bank account. I started up my little Internet business in 2004 with $50 for advertising expenses and to build a website… and while I won’t tell you how much profit I made in 2008, I can tell you that my advertising expenses were well over $150,000 last year… and was still able to eat pretty nicely at the end of the day.

It is possible for ANYBODY to go from zero to hero in a short amount of time… and I’m a witness to that.

Until next time, walk in the full blessings, favor, and abundance… which are in Jesus Christ!



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Written by Daniel Wiafe in: Money | Tags: , , , ,
Dec
22
2008
2

Need More Money in Your Pocket? Keep Reading if You Do…

Okay, so it’s Christmas time and we all hear the bells ringing… and see the snowflakes falling… and some of us feel our bank accounts crashing.

Ouch… you know that hurts!

Whether we might feel the “holiday pinch”, because we have spent too much of our hard earned dough on expensive Christmas gifts, or trying to impress certain people, or paying

high heating bills… I have a tried and tested solution to ALL your problems.

Well, not all your problems… just the financial ones :o)

The Bible states this fact and law of nature: “Give, and it shall be given to you. In good measure, pressed down, shaken together and running over, will men pour into your lap.

For with the measure you use, it will be measured to you.”

Simply put… if you want more… give more.

Yeah, I know this sounds pretty funky… and might seem highly contradictory to common sense and everything others have told you about money.

But the fact is this: If the common methods of making and saving money worked… your average American wouldn’t spend 103% of their income, be thousands of dollars in debt, and be 3 months away from bankruptcy if they were to lose their job today.

So let me throw down a few BASIC guidelines that I and my wife have personally used in our financial life… and which brought me from bankruptcy, bad credit, and low paid jobs in 2001… to having increased my income by over 1500%, having 747 credit, and having 3 paid off cars and a soon to be paid off house in 2008.

In the coming weeks I’ll share a few tips on finances, but this 3-Step Giving Principle is a great beginning step for anyone and everyone to use!

——————–

1) GIVE GOD THE FIRST 10% OF YOUR MONEY

Oh my God… did he just say give away 10% of my money? And to church??? I sure did! God richly blesses us all with jobs and income to the point that as Americans… we are better off financially than 97% of the world’s population.

It is a way for us to give thanks to Him for blessing us with what we already do have (even if it is a low-paying job, or a “dead-end job”). Be thankful for what you do have now… knowing that as you work faithfully at your current position… God is preparing to exalt you to a higher position when the time is right.

A good church helps to build up the community around it both spiritually and naturally (through feeding programs, shelters, clothing ministries, programs that keep kids off the street, jail ministries, etc.) and these houses of God need more than just prayer to keep them running…

For those of you not in church (which I highly recommend you find a good one if you don’t)… give your 10% to a charity or non-profit organization that is devoted to a cause that truly touches your heart.

It could be an organization that feeds hungry children in Africa… or saves the rainforests in South America… or helps to shelter the homeless tsunami victims in Asia… or even something as local as giving to a charity that serves victims of domestic or child abuse in America.

When you start taking care of those less fortunate than you… God will start to take care of you!

2) GIVE YOURSELF THE SECOND 10% OF YOUR MONEY

By saying this, I mean become a good steward of your money and pay yourself. You do this by saving at LEAST 10% of all the money you make in a savings account, retirement fund, investment, etc.

We all have plans in life and sometimes life can be a tool… and throw a wrench in our plans… so it is always good to have an account full of money to keep yourself protected in case of unexpected bills (such as a car breakdown, etc.)

After 10 months of saving your money… you will have exactly 1 months of paychecks saved up in you account. In 6-8 years depending on how much interest your making, you will have ONE year of your salary saved up!

People who have savings are less stressed, worried, and anxious than those who have NO savings or very little savings… because we’re not worried about common issues like: What if I get laid off, or what if the furnace needs to be replaced, or what if I get sick and can’t work for a week or two.

3) PAY YOUR BILLS ON TIME

Okay, so if you followed my methods and are somewhat good at math… you now have 80% of your income left. By know you’re probably asking this question: “How can I possibly survive off of 80% of my income???

Good question — but how about this question, “If you’re job was to cut your pay by 80%, and you couldn’t find another higher paying job… could you survive?

The answer will probably be a resounding ‘Yes!’. You would survive by cutting back on non-important expenses that wastes your money.

So what to do with the other 80% of your income?

Pay your bills with a smile on your face.

Don’t let bills go late, or go in default and get late fees, don’t wait until the water company sends you a 3-day cut-off notice before you pay the bill.

Devise a system to pay off past debts that you owe… such as school and car loans, medical bills, etc. as SOON as possible. The less debt you have, the easier life will be.

TRUST ME!

By paying others in a respectful and timely manner… and by having a heart of giving, God will open up HUGE doors for you that cannot and will not be shut… and He will open up opportunities for you that you couldn’t ever fathom with your bad self!

The giving principle works with ALL aspects of your life. If you are feeling lonely, give time to someone else is who is lonely. If you are sick in your body, give time and volunteer to help old folks in the nursing home. If you are sad, give kind words to people all around you.

I challenge you to take a 30-Day challenge and make it your New Year’s Resolution to Give Your Way to the Top in 2009!



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Written by Daniel Wiafe in: Encouragement,Money | Tags: , , , , ,

Copyright (c) 2008-Present Daniel Wiafe Jr.
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