Words That Describe Debt Freedom March

I was pondering about my family’s journey to debt freedom, and it brought to mind the following words:

  • Worthwhile
  • Margin
  • Motivating
  • Freedom
  • Intense focus
  • Self-Control
  • Disciplined
  • Dreams
  • Abnormal
  • Effort
  • NO!
  • WAIT!
  • LATER!
  • Tiring
  • Exciting
  • Possible

Those are the words that I thought of.  What are some that you would add?

Read recent posts

5 Years

It was 5 years ago TODAY that I gave up on my dream to become a Fortune 500 CEO, and moved back to join the staff of the church that my bride and I had the unbelievable opportunity to help start – NewSpring Church – in Anderson, SC.  I am so grateful for the opportunity that my great friend and pastor, Perry Noble, gave me to pursue a dream of helping people accomplish far more than they ever thought possible with their personal finances.

It is ASTOUNDING what God has allowed me to be a part of in just five years.  Here are just a few.

  • Wrote I Was Broke. Now I’m Not.
  • Produced the I Was Broke. Now I’m Not. Group Study and subsequently the Group Study DVD Lessons
  • Wrote What Everyone Should Know About Money Before They Enter The Real World
  • Wrote Funded And Free
  • Wrote 1,475 blog posts
  • Wrote 200 Sunday newspaper articles
  • Delivered more than 150 Financial Learning Experiences
  • Trained nearly 1,000 financial coaches
  • Was mentioned in Money Magazine – the world’s largest personal finance magazine
  • Purchased Injoy Stewardship Solutions
  • Got to meet and interview one of my heroes – Dave Ramsey
  • Published a book for two new authors with our fledgling publishing company – NIN Publishing
  • Upgraded JosephSangl.com and added IWasBrokeNowImNot.com
  • Able to provide all of our tools for absolutely free
  • Developed a new APP for Apple and Android mobile devices
  • Team has grown to a total of four people who make IWBNIN – without them, this effort would be incremental instead of exponential
  • In 2008, someone gave me and Jenn a free Tahoe – seriously!

I write all of this not to boast in what I have done, but what the Lord has allowed me to be a part of.

I’m often asked why I’m so excited and passionate about what I do.  After reading this list, perhaps you might understand a little more about WHY I am so FIRED UP all of the time!  I’m a witness to the power of God moving greatly upon my behalf!

I really believed that great things could happen when I surrendered to this call 5 years ago, but I thought it would take 30 years.  It has me wondering what will happen over the next 5 years!


Read recent posts

Words That Describe Financial Freedom

I was thinking of words that describe true financial freedom.  Here is the list I came up with.

  • Margin
  • Opportunities
  • Hope
  • Responsibility
  • Blessed
  • Giving
  • Fun
  • Determination
  • Focus
  • Effort
  • Possible
  • Fired Up!

What words would you add?

Read recent posts

Transfer A Balance – And Save BIG TIME!

If you are carrying a credit card balance or a furniture purchase with a typical interest rate of 14.00%, 21.99% or 27.99%, you can save an incredible amount of money by transferring your balance to a 0-percent balance transfer credit card!

Here is an example of savings that can be achieved.

Balance: $7,000 Interest: 21.99% Monthly Payment: $140

If this balance were transferred to a 0-percent balance transfer credit card with a 3-percent transfer fee, the calculations would look like the following.

This ONE MOVE could save $1,314.22 in ONE YEAR! If the balance would not have been transferred using a 0-percent balance transfer credit card, the actual balance owed would have dropped by a mere $141.47. By choosing to take just 15 minutes to fill out an on-line balance transfer application, a total principal reduction of $1,330 could be realized.

$1,314.22 saved for 15 minutes work. That’s like making $5,256.88 an hour!

Read recent posts

Dismal. Adequate. Plenty.

How much margin do you have in your life?  Seriously, I want to know!  Would you take 1 minute to share your thoughts in the survey below (or click HERE to participate)?

NOTE: Results are completely anonymous.


SERIES: Proverbs 14:4 – Put Your Oxen To Work – Part 4

Welcome to the latest series on JosephSangl.com – “Proverbs 14:4 – Put Your Oxen To Work”

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

Part 4  Put your oxen to work!

This is the fun part!  As you put your oxen to work and provide adequate nourishment and attention, they will begin to work for you in ways you never thought possible.  Your 401(k) will grow without the need for any energy expenditure from you.  The rental house will produce income and increase in value even when you are on vacation.  The book that you’ve been wanting to write will be purchased by people from across the globe – even while you sleep.  The website will sell products without your direct involvement.  The team of people at your business will work to serve customers whether you are there or not.

Don’t make the mistake of thinking your oxen will work perfectly with zero involvement from you.  The last I checked, oxen will still wander off if you don’t provide them some direction and leadership.  Be sure to establish a system that allows you to always know the numbers and enables you to measure the health of your herd.

As your oxen work for you, they will truly provide an abundant harvest which will allow you to bless your family and those in need in ways you never thought possible.

TRUTH:  Oxen acquisition can allow you to enjoy an abundant harvest.

ACTION:  Will you share with me one thing that most connected with you during this series?

Read the entire series (available after 9/15/2011)

Read recent posts

SERIES: Proverbs 14:4 – Put Your Oxen To Work – Part 3

Welcome to the latest series on JosephSangl.com – “Proverbs 14:4 – Put Your Oxen To Work”

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

Part 3  Acquire oxen.

The manger is empty when there are no oxen.  The manger is designed to hold food.  When faced with the decision of “empty manger/no food” versus “abundant harvest”, I am going to choose the abundant harvest every single time.  It is my belief that this would be your choice also.

Obviously, the critical step toward an abundant harvest is to have oxen.  These oxen, however, can be expensive.  Acquiring a McDonald’s franchise can cost hundreds of thousands of dollars.  Starting a business can also cost an enormous amount of money.  So where does one start out?  We must start out just like everyone else – start where you are with what you have.

I challenge you to write down your plans, hopes, and dreams on paper.  Seriously, take five minutes to ponder your goals and write them down.  Now, next to each goal, write down how much each goal will cost.  This process will help you understand the necessity of acquiring an ox or two.

My oxen acquisition started by fully funding my 401(k).  I contributed the maximum amount allowed by law.  Notice that I did not contribute just enough to gain the company match.  This is a great start, but to truly get the 401(k) ox to work for me, I needed to maximize my contributions.  If you simply can’t contribute the maximum, start with a little and increase it on a consistent basis so that you will be maximizing it in just a few years.  These investments seemed so little at the start that it seemed pointless.  Just 15 years later, however, the 401(k) ox is healthy and doing a LOT of heavy lifting for me!  It will do the same for you.

Nine years ago, I was living paycheck-to-paycheck.  By applying myself little by little every single day, God has saw fit to bless me.  I am convinced beyond a shadow of doubt that He can do the same for you.

TRUTH:  Oxen acquisition can allow you to enjoy an abundant harvest.

We’ll talk more about putting the oxen to work in Part Four.

Read the entire series (available after 9/15/2011)

Read recent posts

Happy Anniversary To My Parents

It was 52 years ago today that my parents said, “I do!”

I’m glad they did!

Like any couple who has celebrated 52 years of marriage, they have kept their vows in spite of major challenges.  It is worthy of honor so here is a list of things I wanted to point out that make me proud to say I am a son of Roy and Sandra Sangl.

  • My father started a business from scratch and made it pay off.  I NEVER heard him complain about getting up to work.  EVER.  He was up long before I opened an eyelid.
  • My mother always had breakfast ready to roll.
  • They had six children – all of them boys – with the perfect ending of identical twin boys (I was one of them and they tell me I was born 7 minutes after my twin bro).
  • They survived the raising of all six of us without going completely crazy.
  • I was brought to church every Sunday AM, Sunday PM, Tuesday, and Thursday – then youth on Friday night
  • They raised us on a farm – complete with hogs, cows, chickens, ducks, dogs, cats, corn, soybeans, and wheat.
  • They raised us to be thrifty.
  • I got to observe business ownership from the inside – the good, the bad, and the ugly
  • My mother taught me how to crochet – which is a man-skill because if we get stuck in the jungle, I know how to do some serious weaving and knot-tying
  • Family gatherings have always been a priority.  I can’t remember a holiday growing up where there weren’t at least 30 to 40 people present.  For me, going to hang out with family has always been something I look forward to – not an obligation.
  • They are hilarious.  Trust me on this one.  Watching and listening to them is a rolling circus.

Mom and Dad – Congratulations on 52 years!


Happy Birthday To My Bride


It is my bride’s birthday.  That means I want to take this day to celebrate my bride’s birth!  I am so glad that the Lord saw fit to give her life!  She is a wonderful bride, wife, and mother.

Here are  10 Reasons I love my bride:

  1. She loves Jesus
  2. She loves me
  3. She is beautiful!
  4. She has carried two beautiful children into this world – a daughter and a son
  5. She is a neat-freak and our house is ALWAYS a welcoming environment because of her
  6. She is THE REASON I even get to do what I get to do – she is responsible for the entire crusade’s starting and its ability to continue impacting people across the world
  7. She is a saver with money and a risk-taker with life!
  8. She is a graduate of Purdue University (best school ever)
  9. She is my closest friend and confidant and provides the best counsel I have ever heard
  10. She is a leader – I believe that she could lead a ministry that has 1,000-times the impact that IWBNIN has had!

Those are just 10 reasons.  I could list at least 1,000 more.

I love you, my beautiful bride.  Happy Birthday!

SERIES: Proverbs 14:4 – Put Your Oxen To Work – Part 2

Welcome to the latest series on JosephSangl.com – “Proverbs 14:4 – Put Your Oxen To Work”

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

Part 2  Identify your oxen.

In Part 1, we investigated the meaning of this verse and discovered the truth that “To accomplish more financially, you’ll need oxen to help you.”  Now that this is known, it is important to identify the potential “oxen” that could work for you – in place of you – and produce additional income (abundant harvests).

A retirement investment account (such as a 401(k), 403(b), 457, TSP, or Roth or Traditional IRA) are oxen.  Think about it.  When your retirement investments go up in value over time, does it require much effort from you?  Absolutely not.  Like an ox, you will need to occasionally provide direction and guidance to the investment account, but it will do the heavy lifting for you and take your finances places you can not get to on your own.

Another form of oxen is business ownership.  An owner of a McDonald’s franchise makes money even when they are at home asleep because the system is producing profits without their active and direct involvement every minute of the day.

My books, I Was Broke. Now I’m Not., What Everyone Should Know About Money Before They Enter The Real World, and Funded And Free are oxen.  People purchase the book during all hours of the day and night.  It helps them prosper with their finances, and it provides income so that our team can stay focused on developing new resources to help people and live out our call and passion.

Real estate such as rental houses, commercial properties, and land can increase in value regardless of your attention or effort.

It is time for you to acquire some oxen and put them to work for you!

TRUTH:  Significant wealth is achieved when one identifies ways to produce income regardless of effort or time invested.

We’ll talk more about acquiring oxen in Part Three.

Read the entire series (available after 9/15/2011)

Read recent posts

SERIES: Proverbs 14:4 – Put Your Oxen To Work – Part 1

Welcome to the latest series on JosephSangl.com – “Proverbs 14:4 – Put Your Oxen To Work”

Perhaps no verse has had more of an impact on my financial management than this verse.  I believe that if you apply these principles, your finances will be forever changed.

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

Part 1  Understand the verse.

I was reading this verse several years ago, and it literally changed my entire mindset about financial management.  Perhaps it is because I grew up on a farm and connected with the talk about farm animals and equipment.  Maybe it is because I am continually learning more about finances.  Whatever the reason I like this verse, I promise you that it can completely change your finances!

Think about your ability to work.  No matter how strong you are, how much energy you have, or how determined you may be, there is only so much work you can do.  There is only one you.  You can work more hours.  You can work 20 hours per day, but you will reach a limit.

As a farmer, there is only so much you can do.  Help is required to accomplish more.  With oxen, so much more can be accomplished.  They are STRONGER than you are.  They have MORE ENDURANCE than you do.  They even have SKILLS you don’t have (ever attempted to pull a barn by yourself?)

TRUTH: To accomplish more financially, you will need oxen to help you.

We’ll talk about that in Part Two.

Read the entire series (available after 9/15/2011)

Read recent posts

I Was Broke. Now I’m Not. APP

I’m excited to announce that our APP has been updated to include the most requested feature – The ability to sync your budgets across multiple phones/devices!

Our APP is available FREE for all Apple mobile products including iPhone, iPod Touch, and iPad as well as all Android mobile products!

Download the APP now:

Read recent posts

What Are You Thinking?

The more I serve people across this nation, the more apparent it is to me that what you think is just as important as what you do.

In fact, I believe this statement to be true:

“Who or what you think will ultimately determine what you do.”

I meet people all of the time who say, “That is just impossible for me.”  The end results indicate the truth of their statement. One might say, “I can never make enough money to pay my bills.”  They end up struggling to pay their bills all of the time.
The statements lead to a “self-fulfilling prophecy.”

At other times, I meet people with very similar circumstances who say, “With the Lord’s help, this can happen.”  The results usually are positive!  What you believe, think, and say will absolutely impact the outcomes in your life.

ACTION:  Take today’s thoughts and write them down.  Are these thoughts helping you move toward your desired outcome?  Resolve to make it so!

Read recent posts

Ways To Become Wealthy – Part 4

Welcome to the latest series on the wildly popular JosephSangl.com – “Ways To Become Wealthy.”  In this series, I will share the ways that I have seen people build wealth.

Part 4  Reduce spending and invest the difference

If you have read this blog for any time at all or have participated in one of our classes or group studies, then you know that compound interest is a powerful tool that anyone can use to build wealth.

Let’s say that you are currently unable to save money with your current budget.  We know that saving and investing are absolutely critical and essential for building wealth, so a thorough review of the budget is conducted to identify potential ways to reduce spending.

Suppose the following items are identified:

  • Cable TV – $100/month (could lower service and save $40/month)
  • Home Telephone – $35/month (could eliminate and save $35/month)
  • Cell Phone Service – $100/month (could reduce service and save $10/month)

Total savings: $85/month

Using our free “monthly investment calculator” tool, we see that $85/month for 30 years at 12-percent annual rate of return will be $297,072!

Question: Is it worth it to reduce cable, eliminate home phone, and reduce cell phone service in exchange for nearly $300,000?  AB-SO-LUTE-LY!

ACTION QUESTION:  What are some potential reductions you could make in your own budget?

Review your budget and identify potential reductions.  Make the decision to re-allocate the savings to your investments!

Read entire series (available on 9/2/2011)

Read recent posts by Joe

Twitter – “Follow” Joseph Sangl

Many of you already know this, but I have a Twitter account where I share updates about what is going on with this crusade to help people accomplish far more than they ever thought possible.

If you are on Twitter, click the button below to follow me (or click HERE) and I will follow you back!

Read recent posts