Archive for October 2012

The ONE BIG QUESTION You’ve Always Wanted To Ask About Money

Every person I have ever met always has a “next level” question that they have wanted to ask, but for some reason feel fearful or intimidated to ask it. Perhaps it is because they are really struggling with money. Maybe they feel inferior. Others might be scared of the real answer. No matter the reason for never asking the question, I want to help you!

So today is the day you get to ask your question(s)! Share in the form below or click HERE.

Over the next several days and weeks, we will be selecting great questions and providing detailed answers.


5 Ways To Ensure Your Budget Won’t Work

My budget is the reason my family stopped being broke and began winning with money. As a spender, one might think I would be opposed to the restrictions of a budget, but the opposite is true: my budget gave me freedom! Yet many people operate their finances without a planned budget. They are hoping to prosper, but that is a tall order without a written plan.

Since many people resist the idea of a budget, I will share five proven ways to ensure a budget won’t work.

5 Ways To Ensure Your Budget Won’t Work

  1. Don’t prepare a budget  This is the top proven way to ensure your budget won’t work! Just “hope” that it somehow works out.
  2. Be unrealistic  Decide to spend only $4 on groceries this month and ignore the fact that your children are growing like weeds by putting $0 in the clothing category.
  3. Don’t include Known, Upcoming Non-Monthly Expenses  Ensure that landmines are established for your budget by failing to save for known, upcoming non-monthly expenses like Christmas, vacation, property taxes, insurance premiums and deductibles, and home and auto repairs.
  4. Don’t allow your spouse to help  Believe (the lie) that your spouse is the reason you aren’t winning with money and prepare the budget on your own and demand they follow it without any question. You will ensure your budget doesn’t work.
  5. Be impulsive  Give in to salesperson’s great sales pitch and buy the shiny item. It is so pretty, and they told you that it is necessary to own the item to be happy. What they didn’t tell you is it would ensure your budget won’t work and keep you broke.

If you really DO want your budget to work, I recommend you start HERE.

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An Open Letter to Business Leaders and Pastors

Dear Business Leader/Pastor,

As a leader, you encounter people who are in financial trouble. Statistics show that over 70% of Americans live paycheck-to-paycheck. OVER SEVENTY PERCENT!

What does this mean for you, and why should this matter?

For business leaders, it has been shown that people who are struggling financially have lower productivity, are prone to attendance issues, and are unsatisfied with their pay – believing their pay is the reason for their financial hardship.

For pastors, people who struggle financially also struggle spiritually. People are unable to give as they would like because of their financial situation.

I have a question for you:  What are you doing to financially equip your people?

Business Leaders: Do you just push their issues under the carpet and chuckle about the “OT” hogs? Perhaps you abdicate responsibility by saying, “We are a business, not an educational institution.” or “We can’t tell our people what to do with their money.”

Pastors: Do you teach about giving the full tithe, pushing non-givers into complete shame and guilt, without offering a way to make it happen? Do you share that “God says to ‘test me in this’”? or “Just give and God will make up the difference?”

WE MUST EQUIP PEOPLE! If we do not, who will? Marketers and salespersons providing a commercial to “buy our stuff and you will be happy” every six minutes!

I am on a CRUSADE to help people with their finances! I cannot simply stand by and watch others struggle with their finances the way I did! I cannot simply stand by and see others struggle KNOWING there is A BETTER WAY! I travel the planet to proclaim this, and I want to help you! Here are ways our team can help you:

Financial Learning Experience A 2 hour event, designed to fit your staff, congregation, and employee needs. It is a practical experience focused on the “how-to” of money management. It has been our honor to teach this to nearly 250,000 people over the past five years! Click HERE to start the conversation about a partnership.

Group Studies: I Was Broke. Now I’m Not. (for adults) and What Everyone Should Know About Money Before They Enter The Real World. (for high school/college students thru 20-somethings) Equip people to win with their money – regardless of their age! You can view the first video lesson and study questions for FREE by clicking HERE.

FREE TOOLS:  We have nearly 100 free tools via “Free Tools” and also offer a free App for Apple and Android products!

Keynote Speaking: It is quite an honor to be able to speak over 120 times per year! Click HERE to fill out a speaking request for your special event.

Contact us!

Budgeting And Saving Tips

Looking for ways to save money? Here are a few that can help!

  • has a lot of great coupons that you can print out
  • has a lot of great information on deals that are being found at various stores
  • Buy off-brand items.  Yes, some will taste like sawdust, but others are identical to the name brand.  If you have an ALDI grocery store in your area, it is worth the drive to purchase groceries there.  We save at least $50 a month by buying our essentials there – milk, bread, canned foods, eggs, etc. As a side note, their eggs can be somewhat non-uniform – I get double-yolk eggs, oblong eggs, and wobbly eggs. It is really interesting.
  • Skip the grocery store for one week. Put together meals from stuff that is in the cupboards and freezer! You will enjoy some concoctions you have not had in awhile (or never), AND you will be able to save a week’s worth of grocery money to put toward your emergency fund!
  • Have the kids mow the lawn and maintain landscaping instead of paying someone else to do it. Pay your kids and teach them how to save, give, and spend their money!  Can you spell, “LEARNING OPPORTUNITY?”
  • Cut your kid’s hair. This will save many families $20 – $40 per month!
  • Visit consignment stores, Goodwill, or Salvation Army Thrift Stores. You can find some great deals on clothing!
  • Shop your insurance for quotes (US Insurance Online). Get at least three quotes and obtain one of them from an independent insurance agent. You may be able to save $100 – $500/year on your insurance!
  • Take a low-budget vacation instead of a $3,000 one. Using creative options, you will discover just as much fun, and you may be able to save $2,000 – $2,500 which can then be used for debt reduction, emergency fund, or retirement fund!
  • Wait one day before making a major purchase decision. This will really help you to avoid “impulse” purchases like a new car, a pricey vacation, a new plasma TV, etc.
  • Eliminate the home telephone. So many people have cell phones that the home phone has become virtually obsolete. For basic home telephone service you will pay $25/month, and it will not come with basic features of a cell phone such as free long distance, caller-id, call waiting, voice mail, camera, text messaging, games, etc. If you need a basic phone for emergencies, I like the MagicJack.
  • Get rid of the movie channels on cable.

I would love to hear more ideas on how you can save money!

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Sangl Home Pay-Off Spectacular – October 2012

Every month there will be an update of Joe & Jenn’s Home Pay-Off Spectacular!

Here’s this month’s update!

Total Squares:  2,426

Paid-For Squares:  1231  1252

Squares Remaining:  1195  1174

% of House Owned By The Sangl’s:  50.8%  51.6%

% of House Owned By Wells Fargo:  49.2%  48.4%

Here is the updated Sangl Home Pay-Off Spectacular (click to view large size)

Another 21 squares this last month! We are positioning ourselves to accomplish what once seemed impossible – paying off our house before the age of 40. Things could get really interesting around the Home Pay-Off Spectacular over the next few updates …

YOU can do it too! I challenge you to start your own home pay-off spectacular using our free tool here => Pay Off Spectacular – House.

Read previous Sangl Home Pay-Off Spectacular Updates

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