Posted in Debt, Life, money

5 Ways I Have Gained Control Of My Spending Habits

The poverty mindset is living with a flight or fight mentality

5 Ways To Gain Control Of Spending

I will admit I have a problem. Actually, more than one honestly. There were a good 30 days straight recently where I ordered something from Amazon every day. I knew I couldn’t afford to do this when I did it, but I did it anyway. I was choosing to live moment to moment. I had what I call the poverty mindset.

The poverty mindset, to me, means you live with a fight or flight mentality. You live each day as it comes with no preparations for the future. If you only have $30, you will spend it all on lottery and crab legs instead of being frugal. It is, in my mind, a survival mechanism. It is one I see all too often. When you are fighting for survival, immediate gratification is the only thing that matters.

Pay Rate

I implemented a rule of thumb in my spending that has made a huge difference for me. First, figure out the amount you get paid hourly. Then, before you buy anything, figure out how many hours you will have to work to pay for it. This method has been extremely beneficial for me.

Envelope

I like to experiment with budgets, but I’m pretty dead set on the envelope budget now. I think. It seems to have helped me the most save money on a near constant basis. This is because I see the envelopes as they dwindle away and I tend to cling tighter to the balances.

Lunch

I’ve said it before and I’ll say it again. Eating out everyday is the fastest way to go into debt. Those small amounts, done frequently, are the things that devastate your finances.

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Photo by Carlos Lindner on Unsplash

Separate Accounts

Set up separate spending accounts and allot yourself a set amount to spend. Do not go over it. This has also helped me. I can’t give myself an allowance in and stick to it when it is all in the same account. It also helps to hide money from my husband. I mean, my kids.

Credit

This one hurts. Allow yourself to buy absolutely nothing on credit. If you can’t pay cash, you can’t afford it. So, basically, I can’t buy anything unless I pay cash. Instead, every time I get a commission or unexpected sum of money, I gift myself with a little impulse buy.

I want to be responsible financially and also enjoy nice things. It is possible with rules in place.

In conclusion, as with everything, I will spend in moderation now so I can enjoy my retirement with less stress later.


Unspeakable Things for $7.99

Posted in Humor

Dig For Your Own Gold

How to dig for your own gold

Listen ladies, it’s time to stop being gold diggers. Now it’s time to start digging for your own gold (that means for you to start making your own money). I have never regretted earning a dollar, but I have regretted most of my decisions pertaining to my love life. Everyone, at all times, should have the financial ability to leave should it become necessary and be able to survive.

Financial independence is of the utmost importance for anyone in today’s world. Being dependent on another person for anything you need, other than love or moral support, is a dangerous situation for anyone to be in. I know because I’ve been there. Feeling stuck is a horrible feeling to have and, once I got rid of that feeling, I knew I’d never let myself feel like that again.

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Photo by Alexander Mils via Unsplash


We have all seen those pictures of miserable women in the early 1900’s with their hair in a severe knot to match their severe personalities. Beside them stood the equally as miserable looking husband. We aren’t sure who is beating who but we know something miserable is going down in that househol

We have also all seen beautiful and voluptuous young ladies draped on the arms of rich men up to four times their age. They are destined for a lifetime of his wrinkled paws all over her. She will spend a minimum of years having to swallow her own vomit in exchange for financial dependence. She does this instead of learning how to survive on her own. It’s absolutely heartbreaking.

I don’t want any of my children to be stuck with a jacka$$ for any extended period of time because they didn’t want to have to work. There is a satisfaction that comes with being self sufficient and I hope they take that feeling and use it to get ahead and stay there.

I think all of us, as parents, wish our kids would learn from our mistakes and failures, but it seems as if they are all doomed to learn the same lessons in the same hard way as we did. And it sucks, especially for us, because we see it coming and try to warn them. However, no matter what we say or how valid our point may be, it is a fruitless effort. I can almost smell the bad intentions of the young women and men my kids bring around the house for me to meet.

Even if you don’t make much money, put whatever you can aside in savings to be used in emergencies only. Hide it if you must. We all need an emergency account. The only thing sure in this life is that nothing is for certain. Be prepared for anything to happen, even the impossible.

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Photo By Ava Sol via Unsplash


I want my kids to figure out that they must never stop learning and growing as a person. It’s the only way to keep up with circumstances and technology that is rapidly changing around us. I hope they are able to find a way to take any situation and turn it to work to their advantage. I want this for everyone.

I hope at least one young woman will read this and I hope she will think back on it the next time she envies that rich, young girl with her eighty year old sugar daddy. I would like to imagine that she will show empathy instead of jealousy or hate. As women, we should all want more for each other than a life like that.

Posted in Humor

Tips for Repairing Credit

I spend most of my work week either selling homes, listing homes or helping people repair their credit in order get them into a position to buy a house. I also do financial consulting on the side. So if you follow me on Medium, you will notice I am usually joking around and writing humorous articles. But this time I thought I would actually lay out some helpful advice.

I learned about credit the hard way as many of us did that came from my generation. In school, they taught us how to make a good apple turnover, but not how to balance a checkbook. I turned eighteen, ran up a bunch of credit, and didn’t pay it off. What was the worst that could happen? Throw in a couple of bad marriages and I was prime bad credit candidate number one.

Luckily for me, and my children, I got my act together and figured out some tricks to make repairing credit easier than we think it is. Like anything else, there is a method to it. It is still a lot easier to ruin credit than it is to fix it, though.

Seven Years

There is a rumor that all debt falls off your credit after seven years and while some debts do fall off (and some don’t), one debt in particular never goes away. So please make sure your children know this before they get way more student loans than they need. Student loans do not ever fall off of your credit. It is extremely rare to have them forgiven. They are a government backed loan and as we all know the government is going to get theirs. Nonpayment of student loans will keep you from buying a house, even if your student loan is 35 years old. So first and foremost, pay your taxes and your student loans.

Credit cards

Reduce your debt to income ratio by only having one or two credit cards. Make the minimum monthly payment on all of these credit cards except for the one you owe the least amount of money on. Pay as much as you can on that one alone, the minimum only on all of the others, until it is paid off and then do the same for the next smallest one. This is called the snowball method.

You can pay them off according to the smallest amount or the highest interest rate. The highest interest-rate would be preferable, but if you don’t have access to that information or don’t want to spend the time to find it then just pay off the smallest amount first.

Secured credit

If you don’t have any open credit cards and still have a bad or low credit score, take $300 and go open a secured credit card with your bank. Do not open a secured credit card with a lender that is offering you a 47% interest rate!

Once you have opened your secured credit card, go make a purchase of $100 or so and then wait for the bill to come in. Once the bill comes in pay above what is due but do not pay it off. You want to make at least three monthly payments so it can reflect well on your credit score. You want to pay above the minimum payment to knock off some of the interest.

Do this every month until it is paid off. Please be aware that at the beginning, right after opening this new account, your credit score may dip before rising. This is normal. After that, you will see a steady rise as long as you make your payments on time.

Time

Think of the due date as the date you will lose points on your credit rating. Make sure that your payment gets there way before then. Allow for the mailman to be late or the post to get stuck in a pile on someone’s desk. In a perfect world, you would pay the bill online immediately upon receipt, but we all know that just is not feasible with debts and children and other bills. So just make sure you pay it before the due date.

Collections

I could write ten more articles on how to pay off collections, how to dispute collections, etc. I will keep this brief and just say use the snowball method mentioned above and pay off the most recent debt first and then refine that group to pay off the smallest balance.

Paying off old debt is not fun, but seeing that credit score rise is. And in today’s world, good credit will get you a lot further than just a nicer pair of shoes. Be diligent and you will reap the rewards sooner than you think.

This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information will be accurate. Consult a financial professional before making any major financial decision