Sangl Home Pay-Off Spectacular – November 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:  1252  1329

Squares Remaining:  1174  1097

% of House Owned By The Sangl’s:  51.6%  54.8%

% of House Owned By Wells Fargo:  48.4%  45.2%

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

I shared last month that things were going to get really interesting around the Home Pay-Off Spectacular over the next few updates. We were able to color in 77 squares this month! We are positioning ourselves to accomplish what once seemed impossible – paying off our house before the age of 40. Let’s see what next month holds!

YOU can do this too! 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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National Oxen Day is TOMORROW!

Because we wanted to do something ridiculous for the release of my new book, Oxen, I have declared tomorrow, Tuesday, October 30th to be NATIONAL OXEN DAY! At 2 PM EST, my team and I will be having a special OXEN celebration and YOU’RE INVITED!

Join us on October 30th at 2 PM EST and be challenged to join the movement and OBTAIN OXEN! During this free, 60-minute, LIVE event, I will be discussing the key principles detailed in my latest book, “OXEN: The Key To An Abundant Harvest.”

During this exclusive OXEN Book Release Day Webinar, we’ll be covering the following topics:

  • What do you do when you feel like you’re spinning your wheels financially?
  • How you can earn income while you sleep.
  • How you can fund your dreams.
  • And… most importantly… how you can identify and acquire OXEN!

This principle has CHANGED MY LIFE! I sincerely believe it will change yours as well. I want you to live life abundantly. YOU CAN DO THIS!

To join the celebration, register by filling out the form below (or click THIS LINK). I hope to see you there!

Pre-order your copy of “Oxen” today and receive a 20% off!

Do You Manage Finances Like A Ceiling Fan?

I was putting my son to bed recently and turned on the ceiling fan in his room and observed something interesting. When I turned on the electrical switch, the fan went from a stop to a rapid spin. However, when I turned the electrical switch to the “off” position, the fan continued spinning for awhile. At first, it didn’t even appear to have been shut off, but then it began to slow down. Within a minute or two, it had stopped completely.

A tremendous financial lesson can be learned from this.

I see a lot of people who:

  1. Get FIRED UP about winning with their money (the switch is turned on)
  2. Make great decisions (like preparing a monthly budget, focus on building a savings account, begin investing, and start killing debt) that help them build financial margin and eliminate debt (the fan begins spinning)

But then they …

  1. Get over the initial emotional high (the switch is turned off)
  2. Stop doing the very things that began helping them – they stop preparing a budget every single month and let crazy expenses begin to creep back into their lives

But they don’t recognize that the switch is OFF because they are still seeing some debt being eliminated and savings are continuing to go up a little because of their previous good decision-making!

Before they know it the fan stops spinning, and they find themselves in the exact same situation they began with.

The reason my bride and I have won with our money over the long term is because we have focused on ensuring that the switch to financial freedom stays ON. Here are a few key things we do ALL THE TIME to keep the fan spinning:

  1. We prepare a monthly budget (use my free budget tools or App to do the same)
  2. We talk to each other about our finances each month – it is a great conversation!
  3. We make sure we save money every month – for emergencies, known upcoming non-monthly expenses, and our dreams
  4. We invest money every month – for college, future dreams, and retirement
  5. We give money away every month – it keeps us focused on the needs of others!
  6. We track net worth every month – it allows us to understand the bigger picture of what is going on in our finances

You CAN do this!

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You Are Invited to Celebrate National Oxen Day!

I have declared Tuesday, October 30th to be NATIONAL OXEN DAY! At 2 PM EST on the 30th, my team and I will be having a special OXEN celebration and YOU’RE INVITED!

Join us on October 30th at 2 PM EST and be challenged to join the movement and OBTAIN OXEN! During this free, 60-minute, LIVE event, I will be discussing the key principles detailed in my latest book, “OXEN: The Key To An Abundant Harvest.”

During this exclusive OXEN Book Release Day Webinar, we’ll be covering the following topics:

-What do you do when you feel like you’re spinning your wheels financially?
-How you can earn income while you sleep.
-How you can fund your dreams.
-And… most importantly… how you can identify and acquire OXEN!

This principle has CHANGED MY LIFE! I sincerely believe it will change yours as well. I want you to live life abundantly. YOU CAN DO THIS!

To join the celebration, register by filling out the form below. I hope to see you there!

Pre-order your copy of “Oxen” today and receive a 20% off!

Got Oxen? – Part 06

This is a series of posts containing excerpts from my latest book, Oxen, which releases on Tuesday, October 30, 2012!  Pre-order your copy today and receive 20% off!

With new revelation and life-revolutionizing understanding, I embarked on a journey to find and acquire oxen. I talked to anyone who would listen and several who would not. I pondered it day and night. In fact, I talked so much about Proverbs 14:4 that my mother even wrote it down on a small dry erase board she keeps on the refrigerator. It has remained written there for over ten years. Every time I visit my parents, it is a constant reminder that this teaching must be shared with others.

There is a choice each person must make. In pursuit of financial abundance, you can choose to rely on yourself and your own abilities, or you can acquire oxen to help you. Don’t miss my wording here. It is a choice, whether a conscious one or not, that each one of us will make as we journey through life.

I have chosen to acquire oxen, and have found Proverbs 14:4 to be absolutely true. While my family’s oxen acquisition journey has been adventurous, frightening, incredible, and exciting, I have discovered that the strength of oxen has indeed led to an abundant harvest. The same can be true for you. All you need is some good oxen.

Now I have one question for you:

Got oxen?

 

PURCHASE YOUR COPY

Got Oxen? – Part 05 YouTube Video Trailer

This is a series of posts containing excerpts from my latest book, Oxen, which releases on Tuesday, October 30, 2012! Pre-order your copy today and receive 20% off!

Sometimes it is easier to teach a concept in a cartoon. It will be worth the 90 seconds!

CHALLENGE: Join the movement and obtain Oxen!

Read the entire series (available after October 30, 2012)

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Got Oxen? – Part 04


This is a series of posts containing excerpts from my latest book, Oxen, which releases on Tuesday, October 30, 2012! Pre-order your copy today and receive 20% off!

I could live with an empty manger or with an abundance. It made so much sense. I am confident my upbringing on a farm helped me gain this understanding. You see, it is immediately obvious to a farmer that he must have oxen to produce an abundant harvest. A farmer would never attempt to do his work without oxen – whether they are real oxen like the Amish still use or modern-day oxen like John Deere tractors.

Imagine a farmer who was responsible for farming a full section of 640 acres, which is one square mile of land. Imagine if he decided to “do it all on his own” and attempt to plow all the ground without oxen. It doesn’t matter how strong and energetic the farmer is, it would be an impossible task. For me, just hoeing a small garden in my back yard wears me out! The farmer might be able to do enough work to produce food for the family to eat, but the potential for an abundant harvest would be impossible.

Don’t miss the point here because it is vital to understanding oxen ownership. A farmer knows it is impossible to reap an abundant harvest without oxen. The same is true for all of us even if we aren’t farmers.

If I continued managing my money without the help of financial oxen, the opportunity for an abundant harvest would be greatly limited. After all, there was only so much I could accomplish on my own. Like most people, I was working a “Work, get paid. Don’t work, don’t get paid.” job. Even if I worked twelve hours every day, there was a limit to how much I could earn on my own. My earnings would allow me to feed my family, but without a serious change to the way we managed our money, the income would probably only be enough to maintain our household. We would continue to be stuck in the “empty manger” cycle cleaning out the manger each month and then standing around waiting for the next paycheck to arrive. The worst realization of all was knowing that even if I worked for fifty years of my life, my income would cease the moment I chose to retire. It became imminently clear that I needed oxen in order for my family to experience abundance.

QUESTION: Are YOU experiencing an abundant harvest?

Oxen will help you achieve an abundant harvest. Pre-order your copy today!

Read the entire series (available after October 30, 2012)

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Got Oxen? – Part 03

This is a series of posts containing excerpts from my latest book, Oxen, which releases on Tuesday, October 30, 2012! Pre-order your copy today and receive 20% off!

If you were given the choice of an “empty manger” or an “abundant harvest,” which outcome would you choose? I may never have the privilege of personally meeting you, but I do know one thing about you: If given the choice, you would select an “abundant harvest” over “empty manger” every single time.

An empty manger is barren. It represents hunger and potential famine. The manger once held food, but now it is cleaned out. It has nothing left over. To more fully comprehend this, imagine that your entire house is void of food – the pantry, cupboards, and refrigerator are completely empty.

An abundant harvest is presented as an alternative outcome. I liked the sound of this much better than an empty manger. An abundant harvest suggests that we have a full manger – all of the time. Dictionary.com defines “abundant” as “present in great quantity; more than adequate; oversufficient.”

As I pondered these two potential outcomes. I sensed a life-changing moment approaching. I knew if I could truly grasp the wisdom contained within this verse, my life would be radically changed. As I read Proverbs 14:4 again, I saw what made the difference between an empty manger and an abundant harvest: oxen.

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

Read the verse again. What leads to an empty manger? No oxen!

Look at the verse again. What leads to an abundant harvest? Oxen!

The DIFFERENCE is Oxen.

QUESTION: Do YOU have oxen?  PRE-ORDER your copy of Oxen today!

Read the entire series (available after October 30, 2012)

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Would You Help Me Get The Word Out About Oxen?

We are busy preparing for the release of my latest book: Oxen: The Key To An Abundant Harvest on Tuesday, October 30th!

I really believe this is a book that can change thousands of lives, but we need to get this resource in people’s hands!

We’ve done everything we can to make this an incredible resource. We made it a hardcover book because we believe it will be referenced on an ongoing basis as people take steps to birth and acquire oxen. It is interactive with our Oxen website. More importantly, the content in this book is what literally moved me from “just getting by” to achieving an “abundant harvest.”

We need one more thing to make this an incredible release on October 30th: YOU!

You can help us make that day one to remember! Here are all of the ways you can help:

  • Promote on your blog  We have an incredible set of pre-written blog posts and images (HERE) you can use to promoteOxen.
  • Twitter  A set of  Twitter posts are available at the bottom of this post HERE
  • Facebook Share aboutOxenon your Facebook page and provide a link to the book’s website – http://www.iwasbrokenowimnot.com/oxen
  • Tell people  Share it with others!

I’m so grateful for the opportunity to serve you in your journey to win with your money!

Joe

Got Oxen? – Part 02

This is a series of posts containing excerpts from my latest book, Oxen, which releases on Tuesday, October 30, 2012! Pre-order your copy today and receive 20% off!

As I describe in my book I Was Broke. Now I’m Not., I was the youngest of six boys, but I was the first to graduate from college with a bachelor’s degree in mechanical engineering from Purdue University. Because of an amazing employer that had a college tuition reimbursement program, I was able to further my formal education and obtained a master’s degree in business administration from Clemson University. My career had moved rapidly upward and so had my salary, but even with all of these tremendous blessings, I was broke. Every single dollar I earned was deposited into our bank account, but all of it was delivered to one of our many debts or to pay bills by the end of that very same day.

My manger was empty.

I don’t know if you have ever watched cattle eat from their mangers, but they will stand eating at a manger until all of the food is gone, and then they will lick the manger clean just to ensure all remaining scraps are consumed. This described my financial situation. I could scrape together enough money to pay the bills, but beyond that there was absolutely nothing left over. Every single spare dime we gained inevitably departed our presence – never to be seen again. Our version of “licking the manger” was running out of money and then physically turning our piggy bank over to find enough coins to buy food off the dollar menu.

The same scenario played out every single month. We made money, and then we consumed every last dollar. Just like the oxen, we would be faced with an empty manger and were forced to stand around waiting for the next paycheck to refill it. It seemed like there was never enough for the moment, let alone storing up for the future.

On the day I encountered Proverbs 14:4, I realized that the writer shares two potential outcomes: an “empty manger” and an “abundant harvest”.

Two Potential Outcomes – Proverbs 14:4

  1. An empty manger
  2. An abundant harvest

QUESTION: If you were given the choice of an “empty manger” or an “abundant harvest,” which outcome would you choose?

Read the entire series (available after October 30, 2012)

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Got Oxen? – Part 01

This is the first in a series of posts containing excerpts from my latest book, Oxen, which releases on Tuesday, October 30, 2012! Pre-order your copy today and receive 20% off!

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

I will never forget the day I first read Proverbs 14:4 in my Bible. My family had embarked on a journey to become financially free, and I was reading the entire book of Proverbs to find verses providing wisdom about money and money management. Many verses in Proverbs were already well-known to me and had made a profound impact upon my life. Proverbs 22:7 (The rich rule over the poor, and the borrower is servant to the lender) motivated me to pursue debt freedom. Proverbs 13:22 (A good man leaves an inheritance for his children’s children …) challenged me to think generationally, ensuring I leave a financial legacy, so I could position my descendants to prosper.

Proverbs 14:4 never registered on my radar until that day. Its wisdom gripped me and stopped me in my tracks. Where there are no oxen, the manger is empty, but from the strength of an ox comes an abundant harvest. I read several Bible translations for this verse to ensure I fully understood its message.

  • Where there are no oxen, the manger is empty, but from the strength of an ox comes an abundant harvest. (NIV:1984)
  • Where there are no oxen, the manger is empty, but from the strength of an ox come abundant harvests. (NIV:2010)
  • Where no oxen are, the crib is clean: but much increase is by the strength of the ox. (KJV)
  • Where no oxen are, the manger is clean, but much revenue comes by the strength of the ox. (NKJV)
  • Where there are no oxen, the manger is clean, but abundant crops come by the strength of the ox. (ESV)
  • Where no oxen are, the manger is clean, but much revenue comes by the strength of the ox. (NASB)

I grew up on a small farm. We raised or grew just about anything and everything. We had pigs, cows, ducks, and chickens. Our crops included corn, soybeans, wheat, and hay. I loved growing up on a farm. It is where I learned the value of hard work, about sowing and reaping, the cycle of life, and how everything in God’s creation is interconnected and dependent upon each other.

Maybe Proverbs 14:4 connected with me so strongly because it was talking about a life I knew that included farm animals, farm equipment, and a harvest, but I think the real reason it connected with me is because it described my financial situation – my manger was empty.

QUESTION: Do YOU have an empty manger financially?

Read the entire series (available after October 30, 2012)

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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!

  • Coupons.com has a lot of great coupons that you can print out
  • MyCoupons.com 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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