Collections

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 187-July 6 “When a feller says it ain’t the money but the principle of the thing, it’s the money.”—Abe Martin Sometimes people owe you money and are slow to pay up. You can be diligent, have a follow-up system in place, send second notices, or, as a last resort, sue them or turn them over to collection agencies to do all that for you. But for the most part, when you have to go into these gyrations to get paid, you have already lost the war. When someone owes you money, and doesn’t pay you, month after month, year after year, there are only two reasons: 1. They are tuna: They can’t pay you. 2. … [Read more...]

Cancellations

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 186-July 5 “That’s one thing I’ll say for The Beatles, we always honored our agreements. For years, every time we had a record that went to Number One we still had six months’ work already booked at little ballrooms for fifty quid a night when we could have been earning maybe L5,000. But we always honored them.”—George Harrison Cancellations are a misery. You’ve planned a party but then several people call to cancel at the last minute. Some people don’t even call to explain or apologize, they just don’t show up. Prospective clients fail to arrive for an appointment. The sponsor of the event pulls its … [Read more...]

Stephanie’s

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 181-June 30 “You can make more friends in two months by becoming more interested in other people than you can in two years by trying to get people interested in you.”—Dale Carnegie More money too, I might add. I often window-shopped at the little boutique in Pacific Palisades called Stephanie’s. She had the most beautiful clothes on display! But the prices were a little higher than I was used to, and I was afraid they didn’t fit into my budget. So, with a sigh, I passed by. Then, one day, I was at a Chamber of Commerce networking mixer, and the door prize was 20 percent off merchandise at … [Read more...]

The Leopard Slippers

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 180-June 29 “It takes two flints to make a fire.”—Louisa May Alcott Betty, a retail seller of miscellaneous goods, approached me at the networking meeting. Knowing I like animal prints, she was always on the lookout for the next leopard-zebra-furry gizmo to sell me. “I just got in these great leopard slippers—they’d look perfect on you!” she sang. “I’ll take them!” I sang back. Great transaction so far. Betty knew what I liked and looked out for me—I felt special and very well served as a customer. Then it went downhill. “Can you come over and pick them up?” she said. Well, she lived on the other … [Read more...]

Spend Money with Joy

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 179-June 28 “He threw his money about like a man with no arms.”—William McIlvanney When you spend money, spend it with joy. Spend a little extra on service personnel. Tip above the usual amount. You will create a lot of happiness for them, and you’ll feel good about it, too. Some people resent tipping, complain about it and are always cheap about it. I hope they aren’t surprised when they don’t get good service. It’s one of those self-fulfilling prophesies. Spending a little extra money—especially when you aren’t required to do it—can actually increase your income. I used to attend a weekly breakfast … [Read more...]