Luck

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 25 – January 25 “If you bet on a horse, that’s gambling. If you bet you can make three spades, that’s entertainment. If you bet cotton will go up three points, that’s business. See the difference?”—Blackie Sherrode People always smile and look askance when I tell them I play poker. “You teach finances and you gamble?” they ask incredulously. Ah, but any poker player will tell you: Poker isn’t gambling. It is a game where, as in life, luck always plays a part, but over the long-term it is a certainty: Good players win and bad players lose. If you play well, it is possible to win consistently at poker. … [Read more...]

“Magic Money” and the “PDQ” Plan

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 24 – January 24 “Bills travel through the mail at twice the speed of checks.”—Unknown Personal bankruptcies soared in the late 90s and credit card debt was at an all-time high. Consumer Credit Counselors declared that it was not unusual for their clients to have 40-60 credit cards. They also reported that the average per family debt, in credit cards and cards, was $52,000. Although these statistics might change somewhat from year to year, they don’t change enough. Too much easy credit coupled with too small minimum monthly payments keeps too many people slaves to their debt. Make a decision now to … [Read more...]

Shopping for Love

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 20 – January 20 “An object in possession seldom retains the same charm that it had in pursuit.”—Pliny the Younger “Can’t buy me love,” sang The Beatles. But we can buy its cousin: Praise, which we use as a poor substitute for love. People crave love and acknowledgment beyond all other things. In a survey conducted by Ken Blanchard, author of The One Minute Manager, employees ranked “Feeling ‘in’ on things” and “Appreciation of work” as the number one and number two benefits they wanted most from their jobs. Higher wages ranked a distant fifth. We want to feel included, we want to be special, we want … [Read more...]

The Sparkly New Dress

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 19 – January 19 “All right, so I like spending money! But name one other extravagance!”—Max Kauffmann Elizabeth was “between jobs.” A beautiful girl with a great smile, she spoke of her dissatisfaction with her current job on the first day of the workshop. She longed for a better position with better pay. The next week, she came to class and laughingly told us how she had been fired. “I know I created that happening!” she exclaimed. “I was doing affirmations for a better job, but wasn’t sending any ships out to look for one. So I guess my higher self took charge and got me fired so I would have to get … [Read more...]

Count Your Money

Updated insider information by Chellie Campbell, author of “The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction” 18 – January 18 “A man who both spends and saves money is the happiest man, because he has both enjoyments.”—Samuel Johnson To achieve success, you must think positive and send out ships. But if you want to achieve financial success, you have to add the third step: Count your money. Keeping track of how much you’re making, how much you’re spending, and how much you’re saving will tell you how effectively you’re doing the first two steps. In other words, budget. I suggest that everyone should have not just one, but three budgets, all with complicated names: Low, Medium, and High. You start with Medium … [Read more...]