Archive for the ‘Hidden Leaks’ Category

It’s really not about how much money you have!

Thursday, April 2nd, 2009

People who hear about a money website usually make two assumptions: it’s about investing or it’s for people who are flat broke. Well, neither is true for The Balanced Life.

I have known VERY wealthy people who had a poverty mentality. Their every thought was about capturing more and clutching to what they had. They feared every penny they might have to spend and they dreaded each purchase. They were encapsulated by terror. For them, money was to be stockpiled and never spent. It was to be saved “Just in Case”. The problem was when “Just in Case” happened, they screamed and fumed about spending the money. They were out of balance.

This website is for EVERYONE. Having a balanced attitude toward money is crucial whether you earn $30,000 a year or $300,000. It is necessary if you have $1 million in savings or $1. You need to remember that money is a tool. It is neither a savior nor a friend. It isn’t an expression of love. It isn’t the answer to every problem.

We told our kids one day “You know, even as we earn more money we will still have a budget. We will not buy everything we want, even if we can afford it.” Our kids were shocked. They had bought in to the notion that if it is there it is to be spent.

One of the things I’m going to cover in my free webinars in April is the way our family determines how much we can spend on fun stuff. This is very important to keeping EVERYONE in balance, whether a saver or spender.
I have are days I’m just so frustrated with trying. I don’t want to keep track of it anymore! But I’ve seen when I push past that wall, I feel better on the other side.

So I keep working and keep trying.

I hope you will join me.

Make sure if you want to be in the webinar that you sign up for “The Balance Sheet” newsletter and indicate that you’d like to know about webinars. I am limiting each webinar to 10 people so that everyone will have plenty of time to ask questions.

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Tiffany Colter is a passionate freelance writer whose credits include Today’s Christian, Charisma Magazine, Toledo Business Journal, and the Afictionado E-zine. Tenacious in her approach not only to create a great story, but also to mentor other writers, Tiffany can always be found in the presence of a book or laptop. A former world traveler who is fluent in three languages, she strives to reach those who are hurting around her.     She enjoys helping others build a strong business and writes a daily marketing blog for writers called the Writing Career Coach and a common-sense money management site, TheBalancedLife.com. Tiffany lives outside Toledo, OH with her husband, a recent cancer survivor, and their four girls.

Hidden Leaks

Friday, February 27th, 2009

Hidden Leaks are the little areas where money is slipping away unseen. These are small drips that can add up to hundreds of dollars each year. Plugging these hidden leaks are one way you can save money without feeling the pinch.

Here is a great article I found about how you can save $50 a day by making some changes in a variety of areas. Which of these will help you live the more balanced life? Follow the Link here.

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Bio
Tiffany Colter is a passionate freelance writer whose credits include Today’s Christian, Charisma Magazine, Toledo Business Journal, and the Afictionado E-zine. Tenacious in her approach not only to create a great story, but also to mentor other writers, Tiffany can always be found in the presence of a book or laptop. A former world traveler who is fluent in three languages, she strives to reach those who are hurting around her.     She enjoys helping others build a strong business and writes a daily marketing blog for writers called the Writing Career Coach and a common-sense money management site, TheBalancedLife.com. Tiffany lives outside Toledo, OH with her husband, a recent cancer survivor, and their four girls.

Hidden Leaks

Wednesday, February 18th, 2009

Hidden Leaks are the little areas where money is slipping away unseen. These are small drips that can add up to hundreds of dollars each year. Plugging these hidden leaks are one way you can save money without feeling the pinch.

Here is our hidden leak tip for the day. Pull out your credit card and bank statements and look for subscriptions you may have signed up for and forgotten. These can include auto club memberships, networking subscriptions you no longer use, old internet providers and even gym memberships.

We did this two years ago and discovered we had almost $50/month being pulled automatically from our Credit Card for services we no longer used.

What can you find on your statements?

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Tiffany Colter is a passionate freelance writer whose credits include Today’s Christian, Charisma Magazine, Toledo Business Journal, and the Afictionado E-zine. Tenacious in her approach not only to create a great story, but also to mentor other writers, Tiffany can always be found in the presence of a book or laptop. A former world traveler who is fluent in three languages, she strives to reach those who are hurting around her.     She enjoys helping others build a strong business and writes a daily marketing blog for writers called the Writing Career Coach and a common-sense money management site, TheBalancedLife.com. Tiffany lives outside Toledo, OH with her husband, a recent cancer survivor, and their four girls.

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