Archive - August, 2011

Ways To Become Wealthy – Part 3

Welcome to the latest series on the wildly popular JosephSangl.com – “Ways To Become Wealthy.”  In this series, I will share the ways that I have seen people build wealth.

Part 3  Own A Business

Owning a business may not be for everyone, but this is one of the key ways that an individual can build wealth.  Think about this question for a minute – How much work can YOU physically do?  50 hours worth?  60?  80? 100?  At the end of the day, you only have two legs, two arms, and 24 hours to work.  Sure, you can increase your workload for a period of time, but eventually exhaustion will catch up with you.

A business system focuses the efforts of MORE people than just you!  The collective effort of many people yields far more than you can do on your own.  You can serve more people, reach further around the globe, and produce wealth!

I remember reading Proverbs 14:4 several years ago, and it captured me.

Where there are no oxen, the manger is empty, but from the strength of an ox comes an abundant harvest.” – Prov 14:4 (NIV:1984)

Think about it.  If you have no oxen, YOU have to do all of the work.  However, if you do have oxen, the oxen will do the work for you!  Think of a business as oxen.  The oxen will do more work for you that you simply do not have the capacity or ability to do!

ACTION QUESTIONS:  “What are your “oxen” that are producing wealth for you?  Do you even have oxen?  What can you do to get an ox?”

Read entire series (available on 9/2/2011)

Read recent posts by Joe

Ways To Become Wealthy – Part 2

Welcome to the latest series on the wildly popular JosephSangl.com – “Ways To Become Wealthy.”  In this series, I will share the ways that I have seen people build wealth.

Part 2  No decisions available; No choice involved; and Ridiculous Options

  • Be born into wealth  Of course, you can’t choose this option, but this is certainly one way to become wealthy.  If this is you, congratulations.  Commit to use that wealth to build more wealth and serve others in incredible ways.
  • Marry into wealth  You can choose this option, but a person is pretty shallow if this is the criteria for a spouse!
  • Win the lottery  Current odds of Powerball Lottery is 1 in 195,249,054.
  • Inherit money from a long-lost relative  Who knows?  You might be a descendent of a long-lost king!

ACTION QUESTION:  “Are your children being born into wealth?  What steps are you taking to leave an “inheritance for your children’s children?”

While this was a fun blog post to write, we’re getting serious in Part 3!

Read entire series (available on 9/2/2011)

Read recent posts by Joe

Hiring Office administrator – Anderson, SC

Our team is looking for an office administrator.  This is a full-time position and is eligible for benefits.

Are YOU the one?  You might be if …

  • You want to serve on a team that is high-energy
  • You want to be a part of a team focused on excellence and growth
  • You are excited to serve churches across the globe
  • You are excited to serve people
  • You are FIRED UP about life
  • You love details and administration and computers and software and phones and Internet and social media

This position will be based in Anderson, SC.

Take a look at the Job Posting HERE.

If you are FIRED UP and feel like this would be a great way to invest your life, send your resume to joes@injoystewardship.com

This is an immediate need, and we’re hiring as soon as we identify the right person.

Ways To Become Wealthy – Part 1

Welcome to the latest series on the wildly popular JosephSangl.com – “Ways To Become Wealthy.”  In this series, I will share the ways that I have seen people build wealth.

Part 1  Introduction

Let’s face it, every person wants to win with their money.  When given the choice between poverty, able to pay the bills, and wealth, most people would choose wealth.  While we know that money does not buy happiness, we certainly know that money is necessary for providing basic needs for ourselves and those that depend upon us.

When it comes to money, I have two choices:

  1. Use it to invest in items that build and preserve wealth
  2. Use it to spend on items that do not build wealth

I’m choosing to invest in ways that build and preserve wealth.  My energy can be focused on learning more about how to use the resources I am blessed with or it can be consumed with attempting to distribute amongst all of the bills I owe because I never developed a plan for my money.  It’s the same amount of energy, but it is much more POSITIVE energy when I am focusing on leveraging my resources for the better.

ACTION QUESTION:  “Is this expenditure helping me build and preserve wealth or will it hamper, delay, or destroy my ability to do so?”

Read entire series (available on 9/2/2011)

Read recent posts by Joe

A Millionaire Response

Recently, I wrote a post that asked the question “What  would you if you had a million dollars?

A reader who identified herself as “KC” wrote an incredible response that I am sharing today (with her permission, of course).

… I will start out with our story. 10 years ago my husband and I were DEEP in debt. It took some very hard years and tough decisions (ie: no car in a northern city where it can snow any month of the year) and giving up some things that we thought were very important to us but… we are now out of debt and even better, we have that elusive 1 million dollars in assets and cash that you speak of.

What’s different? Nothing really.
Only a few lessons that I’ve learned:

If you didn’t tithe before, it’s unlikely that you will now. If you didn’t help your friends, it’s unlikely that you will now. If you don’t already save your money, it’s unlikely that you will now…

Basically I’m saying that unless you start to cultivate these things now, having a millions dollars isn’t going to change that. Your ‘mindset’ needs the change – and the money won’t change that.

I know some people who have nowhere near the million dollars that you speak of, and yet, they do all of these things and more.

With all due respect, you CAN take only $10 and gift it anonymously to someone who needs it more than you (and there is always someone in that position), you can tithe 10% of your income now, you can put money away for your child’s education now – even if it’s only $5, you CAN do all of these things.

Joe, I can understand the motivation behind your question, however I fear that it makes us forget what is truly possible right in front of us and in the situation that we are in right now.

When we were still climbing out of the deep pit of debt, some friends of ours found themselves in an even deeper pit. We helped them a little, anonymously, out of the little bit of money that we’d managed to stash away (leaving it almost at nil). But when I think back over the years, I recall that one over all of the other times that we have helped someone, that time felt as though we really made a difference to them and it made a difference to us.

Additionally, after achieving this momental moment, I’ve also learned something that I didn’t expect. When you ‘over-assist’ someone and they don’t have the joy of succeeding themselves, they don’t have the same joy in your gift. It feels like handcuffs to them. It creates an indebtedness that doesn’t belong in close relationships.

So… I guess that I am saying that a million dollars is not the be-all and end-all, it is simply one step on the many paths of being human.

- KC

All I could say when reading KC’s response was AB-SO-LUTE-LY and Amen sister!

What do you think?

Read recent posts

How To Prepare For A GREAT Financial Coaching Meeting

If you have arranged for a 1-on-1 coaching meeting with one of the hundreds of financial coaches we have trained, let me give you some pointers that can help you maximize that meeting.

  • Fill out the pre-work paperwork  This will take 30 – 60 minutes, but it will really help you clarify the help you are asking for and can also help you identify potential cost savings before you ever meet with your coach.
  • Write down the questions you have PRIOR to showing up  It can be difficult to recall all of the questions you want to ask.  Grab a scratch piece of paper or your smart phone and record the questions as you think of them.
  • Bring copies of your paycheck stubs and bills with you  Guesses are not nearly as effective as KNOWING the expenses your really have.
  • Write down what frustrates you most about your finances  This can allow the coach to offer suggestions that can ease your pain.
  • Bring an open mind  This coaching session is not a “beat you up” and “embarrass you” meeting.  It is meant to help you get from “where you are” to “where you want to be.”  This means it is important to be open to suggestions to new ways of managing your money.
  • Try to prepare a budget before the appointment  This experience can really help you have a better and more informative meeting with your coach since they will not need to explain how the budget tools work.
  • Bring your spouse with you  Our coaches won’t coach couples if both don’t show up to the meeting.  If you won’t both show up, the meeting would be a waste of time any way.
  • Recognize that there will be work to do after the appointment  You must realize that the meeting is just one step of the process.
  • Recognize that you are responsible for doing the work  Your coach is passionate about helping you win with your money, but YOU have do to the heavy lifting of making it happen.  No matter how much your coach wants you to win, he/she can not take the necessary steps for you.  After all, in sports it is the players that do the work – the coach is a mentor, teacher, and guide.

I hope that this helps some of you!  If you want to set up a free coaching appointment with one of the coaches we have trained, please fill out the contact form HERE and tell us the city you live in.  We will match you up with a coach, and get you started toward taking your next financial steps.

GET FIRED UP!

Read recent posts

August US National Debt Update

The US National Debt has increased by $125,767,125,033 since our last update in July 2011. This is the first update since lawmakers in Washington came to terms on a debt deal.

National Debt as of 8/22/2011

$14,637,960,174,009

Now that a deal is in place for the country, what is it that you are needing to do in your personal finances regain control?  Is it a drastic cut in discretionary spending?  Do you need to make a slight adjustment in spending so you can save or give more?  It is time to take your next step!  I challenge you to write down the next big step you need to take with your personal finances, and list action steps that will allow you to take that step.

Read recent posts

Shannon Sharpe Quotes That ROCKED Me

Recently, I was reading THIS BLOG POST written by Brian Dodd and was floored by two statements made by Shannon Sharpe as he was inducted into the NFL Football Hall of Fame.

Statement #1

“My grandmother never told me as I was getting to leave for Savannah State, ‘Shannon, don’t do drugs.  Shannon, don’t drink.  Shannon, go to class.  Shannon, do your homework.  Shannon, be respectful.  Shannon, iron your clothes.’  She laid that foundation for 18 years.  A 10-minute speech wasn’t going to work now.”

How this statement affected me:  This statement challenges me again to be the best father possible to my children.  My role is to teach, educate, and provide opportunities for my children to grow.  It encourages me to know that the hard-fought battles that every parent faces in raising their children WILL pay off in the future.  This also applies to many people with their finances. Ten minutes of good financial behavior won’t make up for 18 years of poor financial decisions.  It might be a good start, but it certainly can’t erase the results of years of financial mismanagement.

Statement #2

“I want a decent house…  I want to go bed one night, and I want God to let it rain as hard as He possibly can.  And I want Him to let it rain all night long.  I want to wake up and not be wet.” – Quote from Sharpe’s grandmother

How this statement affected me:  My life is so good.  I’ve never had to sleep in a house where I was concerned about the rain getting to me.  I HAVE slept in a tent one night during pouring rain and woke up in two inches of water – and it was MISERABLE.  I can’t imagine it being a fact of life.  Shannon honored his grandmother with this statement by recognizing the sacrifice she made so that he could be positioned to prosper.

Read recent posts

Do You Want To Work With Joseph Sangl?

With my acquisition of Injoy Stewardship Solutions, I need to hire a team member.  Are you THE ONE?

You might be if …

  • You want to serve on a team that is high-energy
  • You want to be a part of a team focused on excellence and growth
  • You are excited to serve churches across the globe
  • You are excited to serve people
  • You are FIRED UP about life
  • You love details and administration and computers and software and phones and Internet and social media
  • You live in the Greater Atlanta, Georgia area

Take a look at the Job Posting HERE.  If you are FIRED UP after reading the job description and feel like this would be a great way to invest your life, send your resume along with three references to the following email address:

info@injoystewardship.com

10 Random Questions To Ask Yourself About Money – Part 10

Welcome to the latest series on JosephSangl.com – 10 Random Questions To Ask Yourself About Money

These are 10 questions that have personally challenged me in my finances, and I know they can help you too!

Question 10  What is the ONE BIG THING that I need to do with my money right now?

We have spent the last 10 days talking about 10 Random Questions To Ask Yourself About Money.  It is my hope that you have been challenged and inspired to take your next big financial step.

ACTION:  Take your next step!  Write down your goal and establish a date that you want to complete it.

I would LOVE to hear your next step!  Would you take a moment to SEND IT TO ME?

Read entire series (available 8/19/2011)

Read recent posts

10 Random Questions To Ask Yourself About Money – Part 9

Welcome to the latest series on JosephSangl.com – 10 Random Questions To Ask Yourself About Money

These are 10 questions that have personally challenged me in my finances, and I know they can help you too!

Question 9  Do I know more about reality TV shows than I do about my own financial situation?

I love watching reality shows.  My favorite show is The Amazing Race (I want to be on that show!!!).  I also like Big Brother, Survivor, and American Idol.  When I was B-R-O-K-E, I knew everything there was to know about these shows, but I was broke!  How crazy is that?

I spent so much time watching “reality” shows, but my true reality was being completely neglected!

I wonder if the same has been true for you in the past, or if it is true right now?

ACTION:  Take a few moments to reflect on your true financial situation.  Is it receiving the amount of attention it needs for you to accomplish your plans, hopes, and dreams?

Read entire series (available 8/19/2011)

Read recent posts

10 Random Questions To Ask Yourself About Money – Part 8

Welcome to the latest series on JosephSangl.com – 10 Random Questions To Ask Yourself About Money

These are 10 questions that have personally challenged me in my finances, and I know they can help you too!

Question 8  If a financially successful person were to look at the way I spend money, would I be embarrassed at the way I spend money?

I used to be B-R-O-K-E, and I cared a lot about what other broke people thought about me.  Guess where that got me?  NO WHERE!  I decided to look to people who were winning with money and sought opportunities to learn from them.  I broke open the Bible and found out it had TONS of wisdom about money in it.  This is one of the key reasons that I train 1-on-1 financial coaches around the nation.  I wanted to be able to provide free coaching to people so that they could learn from people who are a step or two ahead of them.

ACTION:  Today is the day to stop feeling embarrassed or ignorant about money.  Find someone you know that is winning with money, and ask them to help you!  Ask them to hold you accountable to applying what they teach you.  If you are looking for FREE 1-on-1 financial coaching, but don’t know where it is available, send me an email and I will do everything I can to get you connected with a free coaching appointment where there is NO SALES PITCH – only help and hope.

Read entire series (available 8/19/2011)

Read recent posts

10 Random Questions To Ask Yourself About Money – Part 7

Welcome to the latest series on JosephSangl.com – 10 Random Questions To Ask Yourself About Money

These are 10 questions that have personally challenged me in my finances, and I know they can help you too!

Question 7  If I were laid off of work today, how many months could my household operate without severe financial troubles?

It is so easy to spend every dime that we earn.  There is a lot of shiny stuff that “speaks” to us and says, “Buy me.  Buy me.”  However, if there is anything that The Great Recession has taught us it is this – “Down turns happen.” and “Lay-offs happen.”

This is why it is so vitally important to make saving a top priority.  A good target for an emergency fund is to have six month’s worth of expenses saved.  This can seem impossible, but with an intense focus, it can be accomplished by most people within 6 to 24 months.

ACTION:  MAKE SAVING A PRIORITY and make it automatic!  I personally have a savings account at Capital One 360 Bank.  This on-line savings account pays higher interest than my local “bricks & mortar” bank, and it has a great feature that allows me to set up “automatic savings withdrawals” from my bill pay account.  This automation provides the discipline necessary for me, a spender, to save.

Read entire series (available 8/19/2011)

Read recent posts

Joseph Sangl Named President/CEO – Injoy Stewardship Solutions

I am honored and greatly humbled to announce that I have been given the opportunity to acquire Injoy Stewardship Solutions.  Effective today, August 15, 2011 at 10:00 AM, I officially became the owner.

Many of you might have heard of this organization.  Injoy Stewardship Solutions (ISS) was founded by world-recognized leadership guru Dr. John C. Maxwell (http://johnmaxwellonleadership.com/) in 1992 and quickly grew to become the premier provider of stewardship solutions for the local church.  It is the mission of ISS to create stewardship solutions that resource the vision of the local church.  This mission has led to tremendous results as evidenced by the fact that ISS has helped churches raise more than $5 billion (yes, that is a “b”) over the past two decades.

I am excited to lead ISS.  Dr. Rick Campbell (former President/CEO) was a friend and mentor who helped me grow as a leader and person.  I’m humbled to continue the legacy of both Dr. Rick Campbell and Dr. John Maxwell.  This acquisition of ISS allows our team to better live out our mission of helping people accomplish far more than they ever thought possible.

What does this mean for I Was Broke. Now I’m Not. and the IWBNIN team?  It means we now have the opportunity to take this message to an even broader audience – a global audience!  GET FIRED UP!

CHURCH LEADER: If you are preparing to build, tackling debt reduction, or launching a substantial initiative, I want to help you!  Click HERE to get the conversation started!

Read recent posts

10 Random Questions To Ask Yourself About Money – Part 6

Welcome to the latest series on JosephSangl.com – 10 Random Questions To Ask Yourself About Money

These are 10 questions that have personally challenged me in my finances, and I know they can help you too!

Question 6  Who can I bless today with a financial gift?

During a recent one-on-one financial coaching appointment, I was stunned by a line item that the couple had included in their budget.  It was called their “RAK” fund.  When I inquired about it, they responded, “That is our Random Acts of Kindness fund.”

How awesome is that?!?!

We all know someone who is doing better than us, but if we take a moment to think about it, we can also think of someone who is not doing nearly as well.  By making generosity become “the way you do things”, you will literally change your life as you help someone else get a hand-up (not a hand-out).

ACTION:  Take a moment to think of someone who could be blessed greatly by a financial gift, and then make it happen!

Read entire series (available 8/19/2011)

Read recent posts

Page 1 of 212»