Get Rich Slowly is one of my favorite personal finance blogs. I like the way JD Roth (the admin) thinks and analyzes his financial behavior. I also like how he writes about money and finance. It takes considerable writing skill to make personal finance articles interesting and keep your audience entertained enough to read it. JD does a very good job.

As we prepare for the money management portion of the Money Attraction Bootcamp, I’ve asked my group to read this blog post. Discretionary spending bits and pieces. I’ve encouraged them to get their feet wet, and assured them that the water isn’t cold. We’ll discuss opinions and views in the Financial Fitness Academy’s new membership forum. Bootcamp members never disappoint. It should be great fun.

See how JD analyzes his 2009 restaurant spending. This is a good model of how to analyze and control your financial behavior too. See how he proactively asks IF this is the way he wants to spend his money? Look at the techniques he uses not to spend impulsively. See how he rewards himself for sticking to his spending plans. There is a lot of substance in this blog entry.

I hope you find Get Rich Slowly as interesting and informative as I do.

Judith
The Money Lady

PS  If you haven’t already done so, subscribe to my new Financial Fitness eZine. Simply click and enter your name and email in the form. Thanks!

What’s your plan for 2010? Do you have a plan for growing your business? What about a plan to grow your life?

When I worked in corporate America, we started the annual planning process for the new year in September or October. Planning involved every layer of the corporation. We forecasted sales by product line, and included evaluating all aspects of the business — staff size, operating expenses and projected profits. Planning forces you to think specifically about your business’ future.

What’s your plan?

As we end 2009, take the next few weeks to think through your strategy for 2010. Start by thinking about what you want.

If you want to increase your 2010 income by 15% over 2009, what do you need to do to achieve it? Will you sell more of your products/services at the same prices? Will you raise your prices? Will you Introduce new products at higher price points, or decrease your overhead by reducing the number of employees on your payroll? Will you outsource more administrative tasks?

Here’s the benefit: The planning process strengthens you and your business. It provide you with a mental agility that only comes from thinking through your options.

Would you like to learn more about developing your 2010 business/life plan? Join me at my free Money Attraction Secrets! Discover How to Use Spiritual & Business Tools to Attract & Manage Your Money teleseminar on Tuesday, December 8, 2009. Register today at http://themoneyladyteleseminars.com

Inviting more money into your life isn’t woo woo. Money attraction is about incorporating proven spiritual principles and sound business practices into your planning process.

 

To Your Financial Success!

Judith

 

Smart money management skills are part of the learn-about-money-so-you-can-protect-your-own-ass(ets) action plan. Learning the mechanics of money management is important. Why? Because you need to increase your money awareness, get clear on your personal finances, and stop the game of financial dishonesty that so many people play.

Smart money management skills provide us with clarity. You know your monthly income and outgo. You know the amount of money you have in the forms of cash expected, account receivables (money others owe you), savings and investments. You know what you owe in terms of bills, debts and long-term obligations.

An accurate cash flow analysis tells you when to expect cash to flow in and out of your business. A spending plan helps you see and be clear about your spending intentions, thereby affording you more control over your money. When you have a spending plan you’re less likely to do impulse buying. These are the analytical components of managing your money. Find and use the right tools, and perform ongoing analysis to stay on top of your unique money situation. Make it a routine. By doing so you gain the discipline and confidence that comes from knowing exactly where you stand.

Tools to Use

Set up systems that work for you. Some tools to consider are Mint.com for maintaining bank accounts. Use Quicken or Quickbooks for your personal and/or business accounting. Consistently use and maintain the tools you decide are best for your needs. It’s about Full Story →

Like many people, I have issues around money. I call them money baggage — those limiting thoughts, beliefs and emotions around my finances. What about you? What feelings do you associate with money? Do thoughts of money make you feel anxious, angry, unworthy or confident and relaxed ? What’s your money self-talk like? Do you think about abundance and achievement or lack and limitation?

I decided to clear out my baggage and increase the abundance in my life. I needed support to build a new financial fitness routine. I know about the Laws of Attraction, the importance of affirmations and declarations, and the benefits of positive thinking. I wanted an improved relationship with money. I needed personal development tools and exercises to clear my resistance and anchor my wealth building intentions. I sought to rewire my emotional circuitry, to take myself off automatic pilot and kick my energy up a notch or two.

Full Story →

You can learn more about personal finance, investing, budgeting, and spending consciously by reading personal finance blogs online. It’s been an enjoyable way to brush up on topics I am familiar with, and an easy way to  learn new subjects I hadn’t considered.

I started reading personal finance blogs after I started writing this blog. The personal finance niche appears to be a low-key group of bloggers. But any niche compared to the Internet Marketing niche, with which I’m more familiar, is low key. The personal finance niche doesn’t seem to promote themselves as broadly. At any rate, I wasn’t reading these blogs. Big mistake! I should have.

Now I subscribe by email to these blogs. I subscribe to the email feeder so the posts don’t get lost in the clutter of my RSS reader.

Click, read, learn more and enjoy the process. You’ll be amazed at how much more you understand about money, and how quickly you’ll become very knowledgeable. You might as well become your own expert money adviser.

Tough Money Love

It’s too bad no one had earlier explained to the Jones that “living within your means” is a function of income and outgo, not asset appreciation and outgo.  It’s also too bad that financial writers in the Times and other media outlets didn’t jump on this issue two or more years ago, when the real estate bubble was still growing instead of blowing up.

I Will Teach You To Be Rich

Today’s tip is to never pay retail prices for clothes again using some sites you’ve heard of, and a bunch of sites I bet you haven’t.

My Money Blog

Dilbert’s One-Page Guide to Everything Financial

Get Rich Slowly

But what happens when you add children to the mix? How do you plan for them and for yourself at the same time?

Taxes Made Simple

Filling out a W-9 is pretty easy. On the first line, simply enter your legal name (if a sole proprietorship) or the legal name of your business (if an LLC, corporation, or partnership).

 

I’m impressed with the quality of the content shared by the wise people who write these personal finance blogs. I believe you will be too. Let me know what you found most informative. Your comments are welcome and appreciated.

My favorite finance-related blogs are coming soon. Share your favorites too. Thank you!

Warmly,

Judith