Posts Tagged ‘Financial Stress’

I am very excited and taking some time out for celebrating today!!!!

After thousands of hours of really hard work over the last 18 months I am extremely pleased to announce that Simply Budgets V2 is finally complete and on sale.

For those of you who have been waiting impatiently for this announcement, the waiting is over!

For those of you who have been sitting on the sidelines wondering if Simply Budgets really could make the difference you have been longing for with your finances and have never owned a copy, now is the absolute best time to take action and order a copy.

I have no hesitation in saying Simply Budgets is the Best Personal Budgeting Program in the World! And, it’s not just me saying it!

Here is an e-mail I got just last week from someone using Version 1; Version 2 is so much better!

Hi David,

Well that’s amazing, I’ve been struggling to even keep us fed and for the past few months have had to borrow money to get groceries before the end of the month so now it’s exciting to see that my bills are covered for the next year without any fuss.

My budget is still very tight. The great thing is I was able to try things until I found something workable. I’m feeling more confident in my ability to manage my money than I ever have and a whole lot less stressed as a result. Oh and I’ll be able to start saving a little bit by June, not heaps but it’s a start.

Thanks Heaps

Bernie,

Bernie is on my ‘Simple Wealth Steps’ Program where he got a copy of Simply Budgets as part of the course.

Can you imagine how good life would be with much less money stress? That is what you can expect when you create your own spending plan with Simply Budgets, and I 100% money-back guarantee it!

So my question is;

Do you want to upgrade from Version 1? Click Here Now

Do you want to give it a go for the first time? Order Simply Budgets Now

Do you want to join my Simple Wealth Steps Program and get a copy as part of the course?

For just $49 a month you will be joining with hundreds of people who are getting out of debt and saving for the first time in their lives. People who are exploring their limiting beliefs about money and learning about the three investment types. View my Simple Wealth Steps Program Here

And here is a special offer I have never made before. The first 100 existing Simply Budgets users who place an order for an upgrade, the first 100 new customers who order a copy of Version 2 and the first 100 to join me in my Simple Wealth Steps program, I will be scheduling an exclusive free teleseminar for each of these three groups of people where I will walk you through the process of getting the absolute best use out of your new system and you will get to ask me directly anything that you specifically want to know at the end of the call.

I will schedule these at an appropriate date so you have time to find out what your questions are.

My first goal is to help 100,000 families escape the stress of money worries (and my second goal is to help another 100,000!).

Now is the time to take action. There is no risk to you because I offer a 365 day 100% money back guarantee. You just need to decide if you want to reduce money stress and whether you trust I am offering a real solution.

This year it will be 15 years since I started Simply Budgets. Do a Google search and see if you can find anything negative about me and Simply Budgets. You will find I deliver what I promise (sometimes it takes a little longer than I hoped for, but I do deliver!).

The links again;

Upgrade your old version…

Order as a first time customer…..

Join my Simple Wealth Steps Program and get a copy as part of the course….

That’s all for today.

Have a great day and remember to pop a cork at your place to join me in celebrating!

All the mortgage holders in Australia had a reprieve this month with interest rates staying steady. More on that in a minute.

Succeed With Money

I had a very enthusiastic audience in Melbourne last week-end at the ‘Succeed With Money’ workshop there. Here is just one comment I received from someone who attended one of these workshops…

“I learnt more from you in half a day than I have in months of reading and research. The simple but effective models you teach are so valuable and I would strongly recommend your seminars to everyone I know.”

If you live near Brisbane or Perth it is not too late to book a place at one of these workshops. Please go to www.succeedwithmoney.com/workshops.html to find out more.

Interest Rate Shock

Everything I am hearing tells me that people are being very conservative with their money right now. I think the threat of an interest rate rise has many people concerned and playing it safe. This month we were all told a rise was as good as a ‘done deal’ so it was a shock to hear that the rise did not materialise.

The Real Estate agents I have been talking to are telling me it is very quiet out there and I hear retail sales are quite slow as well so you would think we don’t need a rate rise to keep our spending in check.

The strengthening Aussie Dollar is helping to keep the interest rates from rising because it helps to keep prices of imported goods down. A rise in interest rates would attract more currency buyers to the Aussie Dollar. That would actually push it higher against other currencies (supply and demand) which would in turn lower the cost of imported goods (including crude oil), push the cost of living figures down (lower inflation) and put downward pressure on interest rates. This all sound good!

When the Honeymoon ends

That is all great news but…. when the Honeymoon with the Aussie dollar ends and it starts to fall, the price of imported goods will go up and we will be told inflation is rampant and we’re all spending too much money and we need to be held in check via increased interest rates!

You can imagine that when that happens, not one of us will actually be out there spending up big (which is the assumption when prices are going up) and the RBA will be cracking the ‘stop spending so much money’ whip to try to control us. Prices will be going up regardless of the fact that we are all trying to spend as little as possible and not one of us will understand why we are being punished for something we didn’t do!

Something is fundamentally wrong!

I have said it before and I will say it again now. Clearly there is a problem with the formula used to calculate inflation figures as they do not really give an indication of our spending patterns. The above example makes that clear. Here is another example

Mortgage repayments are included in the cost of living figures used to monitor inflation. If interest rates go up, mortgage repayments go up. The RBA responds by reading that as inflation and puts up interest rates which puts up mortgage repayments! Do you see a problem here?

I think the Reserve Bank got it right this time round but a time is coming when we will all be asking what on earth is going on… Now you know in advance!

I would like to see compulsory personal contributions to our superannuation funds used as a way of taking money off us when we need controlling rather than increased interest rates.

What do you think? Please leave a comment.

Hello again,

Today I want to talk about solving problems (or more the point, NOT solving them)!

A Rock & A Hard Place

I’ll start off by saying that every one of us is stuck somewhere between the proverbial ‘rock and the hard place’. By that I mean, we all want more of something in our lives and so we tend to push the barriers to progress towards that ‘thing’ as far as we can. However what we often find is that it is all too easy to go too far and end up with the balance between pleasure and pain getting out of whack

If only we didn’t have quite so much debt, or if only we had just a little bit more income; then things would be fine. But, when things are fine we start to think about pushing the boundaries again. “Wouldn’t it be great if we could just have ‘such and such’ or do ‘so and so’?

Next thing you know we are back in pain, not because we chose to be, but because something came along that we did not anticipate and we are under stress yet again!

Problems

Now these little problems come in many shapes and sizes but they almost always have the same outcome.

If your car breaks down, you spend some money on it and the car problem becomes a money problem.

If your dog gets sick, you visit the vet and the dog problem becomes a money problem.

If your friends visit and invite you to go out to dinner and you don’t want to admit to being broke, you go out to dinner anyway and it becomes a money problem.

You bump into a street sign while parking and your dent your car. You decide NOT to turn it into a money problem because the excess on the insurance is more than you can afford right now but now you drive a car with a dent that you really don’t like.

One of the kids gets sick and the medicine costs a truckload. Your child’s sickness becomes a money problem.

You bought a nice new car thinking the repayments would be manageable, but a year later you have struggled 12 times to make the repayments and you realize your emotional decision turned into a money problem.

You bought an ‘investment property’ but it costs more to own that the income it generates so even your decision to try to get ahead is a money problem.

It all Comes Back To Money

All of these things create problems in our lives that we really could do without! In fact, for all sorts of reasons we have so many things in our lives that put financial pressure on us, there are many problems we simply feel we can not solve. We don’t decide NOT to solve them, but we just don’t feel like we are in a position TO solve them. As a result they just fester away in the background making us more and more frustrated with our lives.

Almost all problems regardless of what they are, end up causing us financial pressure. Almost everything comes back to money. Even relationship problems turn into money problems. You can’t get away from it.

So of all your problems that need solving, if you had no money problems you could just about solve all your others. Now I know nobody has so much money that they can’t find a problem they can’t solve but hopefully you know what I am saying here. We all know money does not make your life perfect but not having money can sure make it imperfect.

We Don’t Get Help With Money Problems

So here is my point for today. Not solving problems, e.g letting the dog die, driving a sick car with scratches and dents all over it, fighting with your spouse over stupid things that are really driven by money pressure, not taking enough holidays, not spending more time with your family, and so on, all comes back to one thing. We need to become better around money but the problem is, we don’t really know how!

A really important observation to make here is that when it comes to money problems, most people do not go looking for someone else to help diagnose and cure the problem. We don’t have any spare money we want to spend at the money doctor (and if we do we want to spend it on pushing the pleasure boundaries further) so we just dig in deeper and hope for better times to come.

Of course, hope is NOT a valid solution to a problem. Action is the only solution.

You Can’t Afford To NOT Solve Your Problems

Robert Kiyosaki tells a story his Rich Dad told him about a man who had a tooth ache. He had no money to see the dentist so he put off getting it looked at. Over time the tooth became infected and the man became ill. He started missing days at work because of his ill health and he eventually got the sack because he was away so often. Eventually his house was repossessed and he had to go and sleep on a park bench and beg for food all because he did not solve this one simple problem in the first place.

The price of thinking he could not afford a solution to his little problem was infinitely less than the price he ultimately paid.

What’s Your Attitude?

Now, if someone comes along offering to help you to get better with money what is your attitude?

I don’t have a problem

I need to do this all on my own

I’m planning on winning lotto

Things will be better when I just get over this hump

Perhaps more than anything, the most common attitude is “I can’t afford it and you just want to rip me off”. This is a very common, self preservation type response, but if you think about it, if your car breaks down you get it fixed but you don’t get all suspicious of the mechanic making some money out of your car problem, nor do you think the vet is a charlatan because he sends you a bill for diagnosing and curing your pet dog. You simply have a problem and you need a solution and you understand you will need to pay for it.

Who Can You Trust?

For some strange reason 95% of us are not doing as well as we would like financially but so many have the attitude that says you will be ‘ripped off’ if you look to someone else for money help. The fact that we have all heard of people being ripped-off backs up our suspicion but in reality there are shonky people in all walks of life, so that’s not a valid excuse.

Solve Your Money Problems!

My message for today is simple, SOLVE YOUR MONEY PROBLEMS. Don’t just hope for a better financial future. Don’t just keep doing what you have been doing expecting a different outcome. Don’t blame shonky operators as your reason for doing nothing and don’t say you can’t afford it because in getting your finances sorted out you will in turn get a lot of your other problems sorted out as well.

You won’t find the solution in what you have been doing in the past because it produced your current outcome. You will have to do something different. It might seem like there are no solutions but there are almost always solutions. It is often a matter of priorities. What do you focus on? What do you spend your spare time and money on? If learning how to become wealthy is NOT on your list of priorities but it is on your wish list it is obvious you need to make some changes.

In life you don’t get brownie points for how many problems you put up with, you get rewarded when you overcome your problems.

Have a look at http://simplewealthsteps.com and see what I am doing about the issues I have raised above. A really inexpensive solution to the one problem you really need to solve!

I’ll be back next time with more riveting stuff! Until then
… To prosperity

David Wright
Founder, Simply Budgets