Is Your Business A Good Fit For You?

When you start your own business, it is important to do a lot of thinking about many different things. One very important thing that you must consider when you design a business plan for your home-based business is what exactly it is that you really want. This may sound overly simplistic, but it really isn’t if you think about it. How many of us know a friend who got what you (and they) thought was a spectacular job – a job for a prestigious company with a high salary and great benefits? Maybe it wasn’t a friend, maybe it was … Continue reading

Do You Love Your Spouse or Their Salary?

The other day Wayne and I got to talking about marriage, money, and respect. We’ve both known several people who divorced their spouses once they started bringing home the bigger paycheck. Specifically, women who divorced their husbands because they earned more than he did. “It has to do with respect,” Wayne said when we were talking about a particular friend. “She never had much respect for him to begin with. So once she started earning more, she lost what little she’d had.” “That’s pathetic!” I said. “If I ever made more than you it wouldn’t change how I felt about … Continue reading

Do You Have a Dream Salary?

Do you have a dream salary or annual income figure, that you know once you reach it that everything is going to be okay? You will never have to worry about money again, because once you make $100,000 a year your worries are over. You may be surprised to realize that while many people feel that way, once they reach that income level things change and they are just as worried as they were before. Generally your spending level increases with each raise. So that magic number is not going to solve your problems, if you are overspending at $40,000 … Continue reading

Your Job and Your Finances

When it comes to your finances one very important aspect is your career or your job. There are careers that pay extremely well with very high levels of stress. These careers often have difficult work hours and may require that you sacrifice time with your family. There are careers that are less competitive and offer a lower salary. These jobs may be more family friendly and so you may be willing to sacrifice some of your pay in order to stay in the field. However someone may have a job that is high stress with low pay that is not … Continue reading

A Few Tips to Prevent Total Devastation When Your “World” Comes Crashing Down

It seems that every week I am learning about the closure of another direct selling company. While to most people, it may not seem like a big deal, I know firsthand what it is like to put your heart, your soul, your goals and your dreams into a home based endeavour. When I joined my first direct selling company a few years ago, I was in the process of completing my Master’s degree in Education. While I never planned to make a career out of selling products for that particular company, my eyes were opened to a world of entrepreneurship … Continue reading

Are Your Boomerang Children at Home?

This phrase cracks me up, honestly – the idea of a boomerang is that you throw it; it curves out and then returns to your hand. We send our children out like boomerangs all the time – sending them to school, sending them to a friend’s and sending them out to play and we do want them to return, but when we send out our young adults to get married, to go to college or to live independently – it’s not necessarily what parents have in mind to have them return home again. Boomerang Kids Can Affect Your Relationship When … Continue reading

Classic TV: WKRP in Cincinnati

What happens when you take a group of ragtag misfits and bring them together at a radio station? In the case of the classic television show “WKRP in Cincinnati,” you get a hilarious sitcom. “WKRP in Cincinnati” ran from 1978 to 1982 and was based on creator Hugh Wilson’s time spent at a album-oriented rock station. What makes a show great is a combination of the writing as well as the acting and “WKRP in Cincinnati” had an abundance of both. Over its brief run, the show garnered 10 Emmy nominations. Three of the characters did a spin off called … Continue reading

Money isn’t Everything

The thought that money is not everything may seem odd to mention in a blog that is all about money, but it is necessary to do so. In our focused rush to get ahead, it is important to take a second to stop and breathe. Money does NOT make the world go round. Often we imagine that those who make over $200,000 a year are happier than we are in our lives. Seriously, though, they most often are not. Jobs that pay those kinds of salaries are extremely demanding. Not only do they add stress, they take away from your … Continue reading

A Day of Thanks

It is always good to spend the day of Thanksgiving thinking about all that you have to be thankful for. Often the holiday gets lost in the turkey and gravy, but the best treasure is the observance of thanks. This holiday, take some time to really look at your financial security. Use this reflection to gain some pride over past accomplishments. Did you finally pay off one credit card balance this year? Buy your first home? Simply make it to your next paycheck? Whatever your successes are (big or small) take some time today to enjoy them and be thankful. … Continue reading

Money Week in Review October 14 – 20

In Measure of Success Debbie offers great insight on what it really means to be successful with your money. She also gives suggestions to help you be truly successful with your money. In 10 Ways to Spend Fun Money Miriam shares her favorite ways to spend her free money. She also asks for your suggestions. What do you like to spend your fun money on? In Do You Have a Dream Salary? Miriam points out that making a lot of money is not going to solve your financial problems. It is important to manage your money so that you can … Continue reading