Smart Spending During Holiday Season

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 336 – December 2 “A man is a person who will pay two dollars for a one-dollar item he wants. A woman will pay one dollar for a two-dollar item she doesn’t want.”—William Binger People often moan about their budget-busting behavior during the holidays. They shop from their “See-it-want-it-get-it” mentality. As they bustle through the malls, shopping for the perfect gifts for their husband, children, boss, Aunt Sally and Uncle Harry, they lose all control over spending. They forget their spending priorities, giving their credit cards a major workout. They remember—too late!—when the bills start arriving … [Read more...]

Habits of Feeling

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 307-November 3 “You can’t see the sun when you’re crying.”—American Proverb Feelings run our lives. We go to movies, theater productions, watch television, and listen to music in order to feel the emotions they evince in us. Emotions are the game. We choose “three-hanky” movies, scary horror films, super-spy thrillers, fast-action adventures, romantic fairy tales, racy sex sagas, uplifting spiritual stories, dark, seamy sordid stories of hopelessness and despair. We want to feel the adrenaline rush joy of the lovers, the anxious fear of the threatened heroine, the shrieking mourning of the lost, the … [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...]

Ten More Stupid Things People Do to Mess up Their Money

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 264-September 21 “Courage is being scared to death but saddling up anyway.”—John Wayne After I was set to appear on the Dr. Laura Show, they decided to add another segment—they wanted me to do a “man-on-the-street” type interview à la Jay Leno. I had to think up some questions to ask people about money that they might have funny responses to. My research team of poker players came up with: “Whose picture is on the $10 bill?” (Alexander Hamilton); “What does ‘FICA’ stand for?” (Federal Insurance Constitution Act—this is your contribution to Social Security); “What does the ‘k’ in ‘401k’ stand for?” … [Read more...]

Hey, You! Pay You!

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 260-September 17 “When a man begins to think seriously of saving for a rainy day, it’s probably a rainy day.”—Anonymous The savings rate in the United States has been on a downward trend for many years, even during times of a robust economy. U.S. households save far less than those in most other industrialized countries. Here are the savings rates from recent years: South Korea 18.0% France 13.6 Italy 11.7 Japan 11.2 Germany 11.0 Britain 10.8 United States 3.8 People neglect to save because we wait until the end of the month when we’ve spent all the money to try to save. Then we vow we’ll … [Read more...]