Archive for February 2012

Goals – A Great Definition

“A goal is a DREAM with a DEADLINE.”

I recently heard a friend of mine (a great leader) say this, and it can really help you with the accomplishment of your dreams.

If you refuse to establish a DEADLINE, the DREAM is very unlikely to be accomplished.

If you just have DEADLINES without a DREAM, life can be really bland.

QUESTION:  Do YOU have a deadline established for each of YOUR dreams?

Read recent posts

Monthly Budget Reminder – March 2012

Can you believe ANOTHER month is over?  Even with an extra day this year, February still finishes so quickly.

It is time to prepare your budget for March!

Here are a couple of tips for March:

  • Be sure you are saving money each month so you are ready for a debt-free summer vacation!
  • Spring is arriving – be sure to budget for some clothing – especially for the kids
  • Tax time is arriving – ensure you file on time and be ready for any taxes you might owe

Get fired up!

Read recent posts

Are You Enslaving Your Children? – II Kings 4:1

This is a series that appears on a weekly basis here at JosephSangl.com – “Biblical Financial Lessons”

I believe that the Bible is the best money book ever written, and I really want to take some time each week to share the money lessons I have learned from the Word.

Debt Enslaving Children

II Kings 4:1  The wife of a man from the company of the prophets cried out to Elisha, “Your servant my husband is dead, and you know that he revered the Lord.  But now his creditor is coming to take my two boys as his slaves.”

In this incredible story, a man has passed away while still having young boys in the house.  Apparently, this man had incurred substantial debts, and his untimely death placed the family into a financial tailspin.  The situation is so terrible that the creditor is going to take the two boys as slaves to repay the debt.

No one prepares to die before they grow old, but we see obituaries of young people all of the time.  It’s awful.  Without a plan, this situation can literally enslave the family just as is recorded in this story.

It’s time for you to ask yourself two questions.

1.  Has your debt situation become so bad that it has enslaved you and your family?

  • Are you BOUND to your job because you have to receive the paycheck?
  • Are you doing things at work that you are morally or ethically against, but your financial situation has prevented your standing up for what you believe?
  • Do you have a second job or demand overtime just to pay the bills?
  • Are your children paying a tremendous price because of your financial situation?

If so, it is time to calculate your Debt Freedom Date and start the journey toward freedom!  Being a slave to debt is a terrible way to live life!

2.  Would your family prosper even if you die prematurely?

  • Do you have substantial savings that would sustain the family over a two to three month period?
  • Do you have life insurance that is equal to 10-times your annual take-home pay?

I have met with families after the untimely loss of a spouse.  I have seen families that had no plan and were enslaved.  It was a terrible moment, as I watched the family move toward poverty overnight.  On the other hand, I have met with families that had planned appropriately, and they were able to focus solely on grieving.

Read other posts in this series

Read recent posts on JosephSangl.com

Think Systems. Not Silver Bullets.

My friend, Casey Graham, teaches a principle that could potentially change your life.

Think Systems. Not Silver Bullets.

Whether you realize it or not, you have probably fell into the trap of pursuing a “silver bullet” solution instead of installing a “system” that would absolutely ensure that the change you desire will happen.

Think about it.  Have you ever …

  • Got sick of being overweight and bought a pill to fix it – and did not change diet and initiate regular exercise?
  • Wanted to get in shape, and signed up for a gym membership – only to use it once or twice a year?
  • Wanted to get out of debt and after only a month or so began swiping the credit card again?
  • Wanted your child to behave and bought a book to help you –  yet stopped applying what is taught because after disciplining them for bad behavior two or three times – you stopped because it was so emotionally exhausting to continue?
  • Wanted to win with your money so you downloaded a free budget from our website – yet you did not follow the very plan you prepared?

SYSTEMS are the key to real and lasting change.  SILVER BULLETS rarely do.

Read recent posts

Biblical Financial Lessons – Proverbs 15:22

This is a series that appears on a weekly basis here at JosephSangl.com – “Biblical Financial Lessons”

I believe that the Bible is the best money book ever written, and I really want to take some time each week to share the money lessons I have learned from the Word.

Proverbs 15:22  Plans fail for lack of counsel, but with many advisers they succeed.

Have you ever attempted to accomplish something that was HUGE for you, yet failed in spite of all of the planning?  First, let me welcome you to the club!  Second, let me ask you a question – Did you have a set of mentors to help you?

Perhaps one of the top things I have learned as I have launched a couple of businesses and purchased another is this – “I do not know everything!”  The act of ASKING FOR HELP and ASKING FOR WISDOM from people who have “been there – done that” has been so rewarding.

My mentors have helped me in the following ways:

  1. Helped me identify potential major issues
  2. Asked me great questions that forced me to really evaluate WHY I was even considering the initiative
  3. Provided connections to other people that had experience with what I was attempting
  4. Prayed with me, for me, and for the initiative
  5. Provided key steps for me to take to safeguard against or avoid pitfalls
  6. Shared options with me that I would have never even thought of (this was HUGE)

QUESTION:  Do you have a set of mentors?  Who could you ask TODAY to begin coaching/mentoring you?

Read other posts in this series

Read recent posts on JosephSangl.com