Welcome to the latest series here at the wildly popular JosephSangl.com! In this series, I will be sharing the top ways that people end up being financially broke. If you want to be BROKE, be sure to follow every single one of these tremendous ideas. On the other hand, if you want to win with your money – do the OPPOSITE of these amazing tips!

Part 05  Spend all of your money.

This is perhaps the greatest tip of all! If you really want to be broke (and remain that way for the rest of your life) then you must spend every single dollar you receive. After all, there are just so many awesome things you can buy with money right now!

To ensure you are prepared to tell crazy financial teachers like Dave Ramsey, Joseph Sangl (me!), and Suze Orman why it is impossible to save money, I have provided some great ways to justify spending all of your money:

• “I saved $50 on this purchase!” (This ensures you SPEND your money to SAVE money – think about it!)
• “I just don’t earn enough money to be able to save or invest.”
• “There will be plenty of time to save money later. I don’t need to worry about that right now.”
• “Compound interest is really confusing. So are mutual funds, 529 plans, 401(k), 457, 403(b), RSP, TSP, SEP-IRA, and Roth IRAs.”

Tell your children that you had to pay for your own college, so they will have to as well. Continue the family legacy of spending every single dime that is earned and leaving no inheritance. After all, we wouldn’t want to “spoil” our children with an inheritance. After all, we worked too hard for that money just to give it to those kids. They can make it on their own.

Apply all of these principles while spending all of your money, and you will be sure to be broke!

QUESTION: What are YOU doing to ensure that you SAVE MONEY every single time you earn money? I recommend making your savings AUTOMATIC by having it drafted from your paycheck directly into a retirement, college savings, or bank savings account!

Read the entire series (available after 11/18/2012)

Read recent posts

Welcome to the latest series here at the wildly popular JosephSangl.com! In this series, I will be sharing the top ways that people end up being financially broke. If you want to be BROKE, be sure to follow every single one of these tremendous ideas. On the other hand, if you want to win with your money – do the OPPOSITE of these amazing tips!

Part 04  Let your spouse handle all of the money and money decisions.

This is a great way to become broke! Refuse to participate in any money related decisions. Here is a great list of excuses you can use:

• “My spouse is just so much better with money than I am.”
• “Dealing with money stresses me out and gives me a headache.”
• “They spend most of it so let them deal with it.”
• “As long as I have enough for what I want, do whatever you want with the rest.”

Since we know that financial struggles and divorce are at least first cousins, be sure to shut down when your spouse wants to discuss the finances. Let them carry all of the load themselves. Marriage is grand. Divorce is at least a hundred grand. This is a sure-fire way to ensure you remain broke.

QUESTION: If you are married, do YOU truly work together with your spouse on money related decisions?

Read the entire series (available after 11/18/2012)

Read recent posts

Welcome to the latest series here at the wildly popular JosephSangl.com! In this series, I will be sharing the top ways that people end up being financially broke. If you want to be BROKE, be sure to follow every single one of these tremendous ideas. On the other hand, if you want to win with your money – do the OPPOSITE of these amazing tips!

Part 03  Never say NO!

It is no fun to say the word “No!” anyway. We don’t like to say the word to our children, and we definitely don’t like saying it to ourselves! So, stop saying, “No!” Just give in to everything that you, your spouse, and your children want.

• Buy another video game (because they only have 91 already – with three different game consoles)
• Purchase another toy (and watch them play with the box more than the toy itself)
• Buy a new car (even though the other car was just fine – and nearly paid for)
• Go out to eat for the 20th meal this month (at TRIPLE the cost of a home-cooked meal)
• Go to the movies multiple times (at the low low price of a movie ticket – and a big-gulp soda)

On the other hand, let’s use the word “No!” for one thing: Saving for the future. Say “No!” to putting money into the retirement account and college fund. “Just say no!” to saving money for future plans, hopes, and dreams.

Employ these great tips, and you will be on your way to being completely broke!

QUESTION: Did you know that sometimes “No” means “Yes”? Click HERE for a thought that could revolutionize the way you view saying, “No!”

Read the entire series (available after 11/18/2012)

Read recent posts

Welcome to the latest series here at the wildly popular JosephSangl.com! In this series, I will be sharing the top ways that people end up being financially broke. If you want to be BROKE, be sure to follow every single one of these tremendous ideas. On the other hand, if you want to win with your money – do the OPPOSITE of these amazing tips!

Part 02  Never prepare or follow a budget.

Budgets stink. They are terrible. Here are all of the reasons budgeting is awful and should be avoided on our journey to be broke:

1. Budgets require time
2. Budgets are hard
3. Budgets make us face reality (that INCOME – OUTGO = EXACTLY ZERO)
4. Budgets remind us that dreams cost money
5. All a budget will do is remind us that we are broke anyhow (and we don’t need a budget to know THAT)
6. Budgets require us to do math (and many believe Satan invented math – and he absolutely invented calculus!)
7. Only poor people have to do a budget
8. Budgeting only leads to fights with my spouse
9. I don’t earn enough money to budget

In your journey to live a financially broke life, make sure you live, breathe, and believe these reasons as truth. Refuse to believe that life can be a grand adventure and that your needs and dreams can be funded.

QUESTION: Do YOU have a written budget? We’ve taken all the hard part out of budgeting with our FREE BUDGET TOOLS.

Read the entire series (available after 11/18/2012)

Read recent posts

Welcome to the latest series here at the wildly popular JosephSangl.com! In this series, I will be sharing the top ways that people end up being financially broke. If you want to be BROKE, be sure to follow every single one of these tremendous ideas. On the other hand, if you want to win with your money – do the OPPOSITE of these amazing tips!

Part 01  Refuse to have a written plan for your life.

One sure way to ensure that your money is not maximized is to refuse to dream about what your life could be. You see, written dreams and goals can be very troublesome because they help you recognize their power and cause you to understand just how much each one will cost. This is never good if you are choosing to be a financial failure. To ensure you remain broke, choose to ignore your life. Walk unconsciously through each day. Say unhelpful things like:

• “I’m just trying to make it through the day.”
• “I’ll never be able to afford that.”
• “Life is not fair.”
• “Why is that person blessed, but not me?”
• “The light at the end of the tunnel is just an oncoming train.”

In your quest to be broke, choose to ignore the fact that every day is a gift and instead complain about everything that is wrong. Instead of making progress toward a dream, spend your time pointing out all the reasons why achievement of the dream is not possible or choose to envy someone else who has accomplished their dream.

QUESTION: Do YOU have a written plan for your life?

Read the entire series (available after 11/18/2012)

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