Credit Card Management

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 262-September 19 “I’m living so far beyond my income that we may almost be said to be living apart.”—H.H. Munro Credit cards can be wonderful, useful tools of convenience when used correctly. Toni Morton, an office manager at my bookkeeping service, shared a great way to manage credit card expenditures and stay debt-free. Every time she used her credit card, she deducted the amount of the charge from her check register, just as if she had written a check. She never used the card unless she had the money in her checking account. By deducting the amount when she made her purchase, she always had the money … [Read more...]

Major Money Malady—Buying on Time

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 261-September 18 “The quickest way to double your money is to fold it in half and put it back in your pocket.”—Unknown We don’t pay for anything up front any more. When we want something, we get it. If we don’t have the money, we charge it. We buy everything on time. The longer the time, the more money we pay for the item. But the payments are so small, we forget. Rennie Gabriel, in his book Wealth on Any Income, gives an illuminating example of the total amount we end up paying for products purchased on credit. He states that a dining set on sale at a department store for $648 (including tax) costs … [Read more...]

There’s Always Hope on the Seventh Green

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 258-September 15 “Things don’t go wrong and break your heart so you can become bitter and give up. They happen to break you down and build you up so you can be all that you were intended to be.”—Charlie “Tremendous” Jones Tim Collins was studying hard for his Series Six license. To become a financial planner, he needed to pass a complicated test in order to receive his license to buy and sell securities. He had tried six times already, but had not passed. He knew the material perfectly, but a deep-seated fear of tests prevented him from achieving his goal. With each defeat, his determination to succeed … [Read more...]

Things Are Getting Worse—Eat Chocolate!

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 257-September 14 “Consider a duck. It encounters the air, water and soil. It benefits from each, is hindered by none, harms nothing. They are cute, too. Be a duck!”—Old Slovakian Saying My priorities in life were pretty well established by the time I was two. My parents told me that, at that age, I had taken a terrible fall down the stairs. They stared at me, frozen in fear that I had hurt myself horribly. But I stood right up, looked around and said, “Where’s my cookie?” It wasn’t until I found out the cookie was smashed and broken that I started crying. A popular card from years ago had an elephant … [Read more...]

Almost a Millionaire

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 256-September 13 Almost a Millionaire “No man can tell whether he is rich or poor by turning to his ledger. It is the heart that makes a man rich. He is rich or poor according to what he is, not according to what he has.”—Henry Ward Beecher The lottery jackpot had been thirty million dollars. I checked my numbers in the morning. Nope. I hadn’t won it. At lunch that afternoon, I sat next to my friend, Dori Jackson. A wonderful, creative art teacher, she always had the ability to make me laugh. She showed me the winning numbers: 4 9 16 32 33 46 Then she showed me her ticket with the numbers … [Read more...]