Archive for June 2010

Obviously …

During our crusade to help others accomplish far more than they ever thought possible, I occasionally run into the person who wants to “complexify” the simple (I know I made up a new word – it’s one of my hobbies.)

For example, I distinctly remember a person telling me after attending a Financial Learning Experience:

“Well, of course this stuff works for people who have income.   What about those who don’t have income?”

Ummmmm …   Get some income?   INCOME – OUTGO = EXACTLY ZERO is a fundamental money rule.

Another example asked by a person who told me that their financial situation was horrible even though they had excellent income:

“Well, I know that you said to ‘spend less than you make’, that’s obvious, but what else am I supposed to do?”

Ummmm …   Spend less than you make!   INCOME – OUTGO = EXACTLY ZERO is a fundamental money rule.

Sometimes, even the OBVIOUS answer is not obvious.   Obviously.

Read recent posts

Need Your Help: Aging Care

I will be writing a series in the future about aging care.   This is a HUGE topic, and I really want to serve you guys in a way that helps you accomplish far more than you thought possible with your personal finances.

So here is the deal:   I want to know what you want to discuss and learn regarding aging care.

Even more, if you have had experiences with dealing with the financial affairs of an aging parent or relative who was receiving some form of aging care, I want to hear about them.   It would be INCREDIBLE if you would be willing to share your experiences.   You an share your experiences HERE.

I believe this could be one of the most impactful series we have EVER done here at JosephSangl.com!

Read recent posts

How Things Have Changed In The Financial World

Yesterday, I wrote about how things have changed in the past 12 years since I recorded the Saturday Night Live production of The Chris Farley Special.   It made me pause to consider the changes I have observed in the world of finance in the past 12 years.

Here are some changes I have observed:

  • On-line bill payments have virtually eliminated my need for checks
  • Most of my banking is done on-line and most of my deposits are done at an ATM (some banks even allow you to scan the checks at home and never even take them to the bank)
  • My canceled checks are no longer returned to me – I can pull up scanned copies of them on-line if I need them
  • It is a lot easier to track spending patterns because of on-line banking and on-line credit card transaction reports
  • Houses used to be “can’t miss” investments that ALWAYS went up in value – ummmmm, that is not so true any more …
  • Sarbanes-Oxley changed the way corporate accounting takes place (more bureaucracy – thanks to Enron, Tyco, and Worldcom)
  • 529 college savings plans have grown in prominence
  • On-line shopping is a way of life – it barely existed in ’98
  • Music cost nothing for some people in ’98 (Napster)

There are MANY MORE changes that have occurred in the world of finance in the past 12 years.   What changes have you noticed most?

Read recent posts

How Things Change!

My bride and I had one of those evenings the other night where we started talking about some really important things.   We had not planned on having such a detailed conversation, but before we knew it we had talked until 1:30AM in the morning.   It was great conversation, but we both got so pumped up about what we were talking about (it was about some of our life dreams) that we were wired and could not go to sleep.

So we went downstairs to watch a movie.   I found a VHS home recording of a Saturday Night Live Special aired in 1998 – it was The Chris Farley Tribute Special – complete with my favorite skit ever – Matt Foley, the motivational speaker.

MY GOODNESS.   How things have changed!   We had a blast watching the special, but the commercials were priceless!   Here are some specific things we noticed:

  • The car commercials were still horrible, but even though the cars they were selling were new – they looked old to me (why is that?)
  • Not ONE commercial mentioned a web address
  • There was a commercial for Kodak MAX film – film, people!   You took pictures, then you had to go PAY MONEY and WAIT SEVERAL DAYS until you knew whether or not the picture came out.   And you only get 24 pictures (or 36 on a super roll).
  • The letters “HD” were never mentioned.
  • We watched it on VHS – I even had to adjust the tracking (and I remembered how to do that – I guess I’m old)

It makes me even more determined to continually learn about finances.   Think about how much the world has changed in the world of finances in the past 12 years!   Maybe we will continue the discussion on this tomorrow.

Read recent posts

80% Off – Restaurant.com

I just bought another $100 gift certificate from Restaurant.com for $8!

For those of you who have attended a Financial Learning Experience, chances are that you have heard me talk about Restaurant.com.   Here is why this is an AMAZING deal!

  • I like eating at restaurants.
  • I love a great deal.
  • I love eating at restaurants while also getting a great deal.

For example, I love Sullivan’s Metropolitan Grill in my hometown of Anderson, SC.   UNBELIEVABLE food – desserts are off the charts   (I recommend the peanut butter pie with a cup of coffee).

Anyway, they are participating in Restaurant.com.   Here is how it works.

I can purchase a gift certificate for $25 off at Sullivan’s.   The gift certificate normally costs $10, but with the current PROMO CODE of “SUMMER” I get 80% off – so the certificate cost me $2.

I have to spend $35.   Let’s do the math – shall we?

$35 spent minus the $25 off gift certificate – Total: $10 + tip

I paid $2 for   the gift certificate – Total: $12 + tip

For a $35 meal, I paid $12 plus tip.   That is cheaper than McDonald’s and the food and dining experience is light years better.

Check out the restaurants participating in your area HERE.

Read recent posts