There Is No HARVEST If You Do Not INVEST

A farmer will not be able to experience a harvest if he does not first invest seed.

A business owner will not experience a profit if she does not first invest money to start the business.

An employee will struggle to experience an abundance if he does not invest money.

A parent will have a poor relationship with their child if she does not invest in that child.

A spouse will have a poor marriage if he does not invest in that marriage.

A student will not receive a college education without an investment.

Do you see it? There is no such thing as a harvest without someone choosing to invest first.

Waiting for a magical unicorn to deliver your wealth is one approach.

Perhaps a better approach is to invest. Early. Consistently. Smartly.

You CAN do this!

You Can Not Prosper If You Do Not Save

Quick: Think of someone you know that is wealthy who has no money.

I suspect you will be thinking a very long time because it is not possible!

And how did they get all of that money? Was it:

A) It appeared on the back of a magical unicorn.
B) It grew on a money tree.
C) They stole it from a bank.
D) They chose to save money little by little until it became a lot.

Here’s the secret of most wealthy people – they choose to manage their money differently than broke people.

They recognize that you can not prosper if you do not save.

Savings allows you to have margin.

Savings allows you to invest.

Savings allows you to focus on long-term initiatives.

Are you prospering? Maybe the better question is: Are you saving?

15 Words Drive Us

“To help people accomplish far more than they ever thought possible with their personal finances.”

These 15 words guide everything we do at I Was Broke. Now I’m Not. Because we are so energized by this calling, we believe it is more than a mission statement – it is our passion statement.

To give you a glimpse under the hood of the IWBNIN organization, I thought I would share exactly what we intend to to communicate with this passion statement.

“To help people”

We want to help people. Period. We don’t want to ever be involved in tasks that don’t directly or indirectly help people.


It is our passion to help people get things done and to accomplish the plans, hopes, and dreams they have for their lives.

“far more than they ever thought possible”

We believe that a great financial education can help people fund huge and seemingly impossible dreams. Without vision, the people perish. Without money, the vision will perish. We strive to equip people to live fully funded lives.

“with their personal finances.”

We are focused on equipping people with their financial educations. It is our calling and passion.

What are the words that adequately describe YOUR “passion statement”? And how many words does it take?

Please share with us!

How To Prepare A Budget That Works

One of the greatest challenges people face with their personal finances is preparing a budget that works.

They either put together a budget that does not work, or they can’t even find time to even prepare one.

Sound familiar? If so, read on to discover some tips to help ensure you are able to prepare a budget that actually works.

  1. Decide to decide  Until you decide that budgeting is crucial to taking your finances to the next level, you will always find a way to avoid this “unsavory” task.
  2. Establish a set time every month  When you put “budgeting” on your to-do list AND on your calendar, you create a “trip point” that ensures you don’t forget this important task.
  3. Be realistic  Don’t be ridiculous with your spending plan. If you say that you are not going to spend money on restaurants this month and only $7.25 on groceries, you are LYING TO YOURSELF. Establish a reasonable budget that includes giving, saving, investing, paying the bills, and some fun.
  4. Prepare the budget BEFORE the month ever begins  If you start spending your paycheck before you plan the budget, you will inevitably practice the ancient art of “making your money disappear.” Choose to prepare a budget about 3 to 7 days before your financial month begins.
  5. Work together  If you are married, work together on the spending plan. Chances are pretty high that one of you is a saver while the other is a spender. Use the word “balance” a lot as you approach your budget.
  6. Keep the end in mind  Remind yourself about the “why.” Why are you preparing a budget? What plans, hopes, and dreams will be more likely to happen as you become a better money manager?
  7. Plan ahead  There are several non-monthly expenses that you know are approaching you. Known Upcoming Non-Monthly Expenses (KUEs) like vacation, property taxes, car repairs, Christmas, special days (like anniversaries, weddings, baby showers, and birthdays) are approaching. Save for them monthly so that they do not derail your budget.

Employ these 7 tips, and your budget will begin to be the financial tool you need it to be: one that helps you fund your plans, hopes, and dreams.

NOTE: The I Was Broke. Now I’m Not. Core Coaching Program (IWBNIN CCP) is a 12-month intensive personal finance equipping course. The last round of the IWBNIN CCP sold out in just 15 minutes! To be among the first to be notified when this program is relaunched, visit HERE to be placed on the list.

Favorite Money Quotes

Here are a few of my favorite quotes about money:

  • “Live like no one else so later you can live like no one else.” – Dave Ramsey
  • “If you aim at nothing, you will hit it every single time.” – Zig Ziglar
  • “You can either play now and pay later, or you can pay now and play later. The choice is yours.” – John C. Maxwell
  • “The question is not, ‘Can I afford this?’ The better question is, ‘How can I afford this?'” – Robert Kiyosaki
  • “Early to bed, early to rise, keeps you healthy, wealthy and wise.” – Benjamin Franklin
  • “Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.” – Charles Dickens
  • “What good will it be for someone to gain the whole world, yet forfeit their soul?” – Matthew 16:26 (The Holy Bible – NIV)
  • “Act your wage.” – Dave Ramsey
  • “The principles of money are basic: Live on less than you make and save money for a rainy day.” – Anonymous
  • “People buy things they cannot afford to impress people they don’t even like.” – Attributed to various people
  • “Your pay raise becomes effective when you are.” – Anonymous

For more great money quotes, visit this great page.

Do YOU have any favorite money quotes? Please share them in the comments!

How To Make Your Budget Balance To Exactly Zero

The majority of people struggle to prepare and live by a budget. They KNOW a budget can be very helpful, yet they choose to operate their finances without one. For those who attempt to prepare a budget, it can be difficult making INCOME minus OUTGO equal EXACTLY ZERO (TM). In reality, there are only a few solutions available when attempting to achieve “Exactly Zero.”


  1. Increase INCOME
  2. Decrease OUTGO
  3. Combination of #1 and #2
  4. Sell something

Of course, HOW to get each of these implemented is the challenge each of us faces.

QUESTION: How have YOU been able to apply each of these within your own budget?

NOTE: The first wave of participants in our new I Was Broke. Now I’m Not. Core Coaching Program has launched! We’re planning another massive launch in January 2014. Space is limited so if you want to be part of this life-changing program, take one minute and put your name on the “first to contact” insider list today. Click HERE (or copy & paste the following link in your favorite browser: )

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Introducing Baby Sangl!

On Wednesday, September 25th, at 3:55 PM, Megan Jennifer Sangl arrived weighing 7 lb 9 oz and measuring 20 inches long! Mother and daughter are doing perfect!


Are Your “Games” Destroying Your Finances?

I meet so many people who are struggling greatly with their finances. It is a great challenge for them to pay their bills on time and meet the financial needs of their household.

But they are incredible at Farmville, Candy Crush, Spider Solitaire, etc.

They will even post pictures on Twitter/Facebook/Vine/Instagram of a “new level” they have achieved. I’ve even seen people request prayer that they can reach a new level.

Here’s the question that must be asked: “What would happen in their life if they utilized all of this game time to instead obtain a financial education?

When faced with enormously stressful challenges (like financial issues), it is easy to run to mindless games. I am particularly fond of Spider Solitaire on my MacBook Pro and the Boggle App on my iPhone, but I REFUSE to allow them to take priority over my financial education.

FREE eBook: “God Centered Finances” – by Mark Asbell

GCF book cover

In October of 2006, Mark and Shawna Asbell experienced what I call their “I Have Had Enough” (IHHE) moment. They received an official delivery of home foreclosure paperwork while their church small group was sitting in their living room. Facing over $85,000 in non-house debt and the threat of losing their home, they attended the very first Financial Learning Experience I ever taught (at NewSpring Church on December 2, 2006).

The Asbell’s were among the first to receive one on one financial coaching from me. Using their newly discovered knowledge, they went on to save their home from foreclosure and even became debt free except for their house. During this time they became financial coaches – helping others experience the financial freedom they were now enjoying. Mark has been an integral part of IWBNIN as we launched into becoming a stand-alone business. In fact, Mark has traveled all over the nation with me helping people accomplish far more than they ever thought possible with their personal finances.

So this helps explain why I am SO EXCITED about the launch of Mark’s first eBook – God Centered Finances. In this book, Mark shares how his family experienced their financial awakening and reveals the balanced perspective they have learned about Biblical giving, saving, and spending.

Here’s the amazing news:

Right now, for a limited time, you can get a FREE eCOPY on your Kindle app or device.

Changing Your Money Relationship

It is not difficult to be broke. From the day we begin breathing oxygen, we are consumers. At first, we consume much of our parent’s time, energy, and money. As we grow older, our own relationship with money begins to form.

Many young people receive money for their birthday, Christmas, or some other special day. What do most of us do with the first money we receive?

Spend it!

Through this experience, a “receive it = spend it” mentality forms as we begin our relationship with money.

As we grow older and move into adulthood, many people must “unravel” this broken thinking and change their money relationship.

The biggest challenges people face with their finances are:

  1. Planning its use for the funding of individual hopes and dreams (Budgeting – short and long term)
  2. Saving money (Emergency funds, Known upcoming non-monthly expenses, and Dreams)
  3. Investing (Preparing for the future funding of dreams and retirement)
  4. Spousal involvement (Unity)
  5. Long term planning (Estate planning including wills and advanced directives)

Like any relationship, improvement requires time, effort, and money. How do you need to change YOUR relationship with money?

Money Relationship Facebook Status

On Facebook, people have the ability to share their “relationship status.”

I thought we would have a little fun with this as it relates to our relationship with money. Here are some “relationship statuses” I believe we could use on a MONEY Facebook page.

  1. It’s complicated (I don’t know where to even start)
  2. Non-existent (all of my money runs out the door as soon as I receive it)
  3. Diligently seeking (trying to earn some money so a relationship can happen)
  4. Slave (completely bound up by debt)
  5. Divorced (money has completely driven me crazy)
  6. Great (money is a resource that is helping me bless others and fund my life’s plans, hopes, and dreams)

What other statuses can you think of?

I Was Broke. Now I’m Not. Core Coaching Program – Sold out in 15 minutes!

About a month ago, I was able to share the I Was Broke. Now I’m Not. LADDER – 9 Rungs to a Fully Funded Life. During that event, I was able to finally reveal our major announcement that we are taking the beginning steps toward one of my lifelong dreams – starting a university!

Our first step is the I Was Broke. Now I’m Not. Core Coaching Program. This is a year-long on-line teaching experience. We planned on accepting 100 participants, but every one of those spots was gone within 15 minutes! Crazy! We opened up a few more spots, but then we closed admissions to ensure we could provide an excellent experience to each person who made it in.

While the program is not open for admissions right now, I wanted you to know that we are planning to open it up again in January to help people accomplish their New Year’s Resolution of “changing their financial lives.” Based on this past experience, I expect those openings to go very quickly. If you are interested in being part of this January launch group, we have created a form where you can be “put on the list” to be among the first to receive notification.

Just visit the I Was Broke. Now I’m Not. Core Coaching Program page HERE [or copy & paste this url in your browser:] to learn more and to fill out the form to be placed on the notification list.

Injoy Is Hiring

I’m excited to say that Injoy Stewardship Solutions is hiring!  We are seeking someone who is results and relationship driven for the role of Ministry Relationships Consultant.  This position would be responsible for connecting with ministry leaders to directly influence them to partner with ISS to manage their campaigns and initiatives, consult with church leaders to determine their readiness for launching a capital campaign,  and help them articulate their vision and goals and understand the components of a successful campaign.

Download the full job description HERE.

If you feel like this role would be an incredible fit for you, submit your resume and Synergist Quiz Results to

Survey Results: Should You Fire Yourself?

Several weeks ago, I asked the question, “Should you fire yourself from the way you’re managing your finances?”

The results are IN.

Out of 117 responses, 80% said “YES.”

So now comes the next question for you to share in a completely anonymous way:

What is the main reason you said you need to fire yourself?”

Thanks for sharing your candid responses! I’ll share everyone’s thoughts in a later blog post.

Mentors Matter

The people who are allowed to speak into your life impacts your ability to make progress.

Stated more simply, “Mentors matter.”

If I had not sought wisdom in managing my personal finances, I would have remained broke. But I did seek wisdom. I’m no longer broke.

If I had not sought wisdom in operating a business, I would have run ours into the ground by now. But I did seek wisdom. I have three healthy businesses.

If I had not sought wisdom in raising up a strong and independent daughter, I would have an obstinate teenager by now. But I did seek wisdom. I have an incredible daughter.

If I had not sought wisdom in running a 26.2 mile marathon, I would have bonked a few miles in. But I did seek wisdom. I have run not one, but two full marathons.

Proverbs 4:7 shares this: “The beginning of wisdom is this: Get wisdom. Though it cost all you have, get understanding.

Don’t skip past the advice about the “price” one should be willing to pay: though it cost all you have

Have you ever sought wisdom though it cost you tons of money?

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