Tunas Can Learn

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 143-May 23 “The closest to perfection a person ever comes is when he fills out a job application form.”—Stanley J. Randall I learned a lot from Jennifer Martin, a fun-loving, free-spirited woman from England who worked as an account executive at the employment agency where I was the office manager. Jennifer was in sales, matching prospective employees with prospective employers and receiving a commission from the fee paid to the company for this service. She had fun, she stood her ground, she made a lot of money, and she wasn’t afraid to tell you the truth, even when it hurt. My meek little co-dependent … [Read more...]

You Already Own Your Own Business

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 142-May 22 “Don’t be afraid to try something new. An amateur built the ark. Professionals built the Titanic.”—Unknown If you’ve ever thought of going into your own business, I have exciting news for you. You already own your own business. You may only have one client, a company that pays you a salary. You negotiated your “contract,” you determined your salary by agreeing to it, and you bargain for increased fees and reimbursement of expenses with every review. You provide services for a fee to a client. You may have another client or two if you moonlight in a second job. Like any business owner, … [Read more...]

The Number One Mistake Financial Planners Make

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 141-May 21 “Everyone must row with the oars that he has.”—English Proverb Years ago, when I was first starting to earn good money, I thought I would go to see a financial planner to get started saving and investing for my retirement. We talked about my goals, and what amount of money I would like to live on when I was retired. Then she made The Mistake. She calculated how much money I would have to have saved by age 65 in order to have enough to retire, adjusted by inflation. I remember the amount, because it seemed enormous and totally unreachable: $1.2 million. She told me that I would have to start … [Read more...]

Create What You Want—And on Budget, Too!

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 138-May 18 “Our Accounting Department is the office that has the little red box on the wall saying ‘In case of emergency break glass.’ And inside are two tickets to Brazil.”—Robert Orben As I work with people to help them reduce their financial stress, I look at the choices they’ve made that put them in a financial position that isn’t viable. One of the problems that seems endemic is the mental habit of considering only two options before making a decision. When I question people’s choices in spending, they always have an answer of the other choice they considered that was worse: “I have to do X because … [Read more...]

Find Another Way to Have What You Want

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 137-May 17 “It is surprising how many improvements can come out of things that go wrong.”—Anonymous In the end, financial stress reduction is simply this: Earn more Spend less Find another way to have what you want When we’re doing all we can to satisfy the first two requirements and yet when we see things we want that cost money, what can we do to stay within our budgets and still get what we want? This is where you earn your graduate degree from M.S.U. (Make Stuff Up). In the habit of spending a lot of money on clothes? Learn to sew, or trade services with a friend who sews. Buy … [Read more...]