College Costs

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 289-October 16 “Too caustic? To hell with the cost, we’ll make the picture anyway.”—Samuel Goldwyn According to census figures, here are the average annual earnings of Americans, based on their level of education: Education Level Male Female* No high school diploma        Male: $16,818    Female: $8,861 High school diploma              Male: $25,453   Female: $13,407 College diploma                      Male:  $47,126   Female:  $26,401 Think it might be a good idea to go to college? College graduates make nearly double the income of high school graduates who don’t go to college. If you … [Read more...]

Are You Keeping Part of What You Earn?

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 288-October 15 “Dig a well before you’re thirsty.”—Chinese Proverb Okay, here’s another of those pages bugging you to save money. So, have you started yet? Just think for a moment about all the money you have had pass through your fingers during your lifetime. From your first childhood allowance or your first job to your current salary or business gross income. How much is that? Or if that is too overwhelming to contemplate, just look at your gross income for the last ten years. How much is that? What is left over after all that money has been in your hands? How much did you keep? What is the sum … [Read more...]

The Rule of Three

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 287-October 14 “Yesterday is a canceled check; tomorrow is a promissory note; today is ready cash—use it.”—Kay Lyons I had just received a large cash settlement from an auto accident I had been involved in. Gleefully, I held the $12,000 check in my hand. I thought about what I should do with all this money. At the time, I had debts, so I considered using it all to pay down my debt. That felt good, but not great—I wouldn’t have anything fun to show for my good fortune. Then I thought, I could save all the money, but here again, I wouldn’t have any enjoyment of the money right now. What I really wanted to … [Read more...]

Income Possibilities

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 284-October 11 “By mistake, a man received his pay envelope without a check inside. He asked: ‘What happened? Did my deductions finally catch up with my salary?’”—Anonymous It is critically important to do the math and count your money. This is particularly important in the planning stages of creating income either by opening a business or getting a new job. Doing the math is a simple process, but one I find that many people ignore. They get excited about an idea and dream of making a lot of money in their business. But as important as enthusiasm and dreams are, they don’t make you successful unless the … [Read more...]

Cruise Ships or Speedboats?

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 283-October 10 “Every great oak tree was once a nut that stood its ground.”—Unknown Big goals take longer to achieve than small ones. It’s like the difference between the ponderous sailing of big cruise ships and the darting action of speedboats tearing through the waves. The speedboat will get to its destination quicker, but there will be more cargo to unload at the dock when the big ship comes in. When you have a big goal, the most important thing is to work on it regularly. Every day, do a little work on it, and one day it will be accomplished. It’s the Ulysses S. Grant theory, per Michael Korda in … [Read more...]