Allan Learns His Lesson

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 291-October 18 “If you lend someone twenty dollars and never see that person again, it was probably worth it.”—Unknown Allan is a sharp, young attorney in his own private practice. Like many sole practitioners, he leases office space from a larger law firm, and shares some of their equipment. He pays them for use of their copier and fax machines, for example. It is a co-operative, dolphin relationship that works in harmony for both parties. Most of the time. Recently, Allan spoke to me of his growing irritation with the senior partner of the law firm. It seems a shark fin or two was beginning to … [Read more...]

Tuna

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 290-October 17 “Never hope harder than you work.”—Rita Mae Brown A bright young man of about thirty-five, Bob sat in my office and explained that he was looking for bookkeeping help for the new computer company he was trying to get off the ground. I asked him a lot of questions about his background and his prospects. He told me that he had received a $400,000 inheritance the year before. “Great!” I thought to myself, “a client who can afford to pay for my services!” I asked if he had a financial planner or stockbroker who was helping him to manage his assets. “No,” he told me, “the money is all gone … [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...]

Bringing in the Gold

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 286-October 13 “My optimistic nature would have me going after Moby Dick in a rowboat and taking the tartar sauce with me!”—Zig Ziglar “I hate you!” the voice on the answering machine ended, laughing. I was laughing, too. Anne was one of my class participants, and had been resisting sending out ships. I was coaching her about it, and she had called me to report. This was what she said: “I went home from class thinking about the golden phone. I know you keep saying that calling people on the phone is what brings in the business, but I didn’t believe it. I decided to prove you wrong. So, the next … [Read more...]

To Get Your Goals You Have to Ask the Right Questions

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 285-October 12 “A good plan today is better than a perfect plan tomorrow.”—George Patton Ted and his girlfriend, Tina, were two young chiropractors building their lives and their businesses together. Cheerful, upbeat, and fun, they enrolled in my workshop in order to get clarity and focus on their financial goals. They mentioned that they knew one of the best ways to expand their business would be to buy another existing medical practice. I congratulated them on their astute reasoning, as it is often much easier and faster to buy a business than to build one patient by patient on their own. They asked … [Read more...]