Hope for your financial life and beyond

Be Fearless

September 18, 2013 by 25 Comments

“The Lord is on my side. I will not fear. What can man do to me?” Psalm 118:6

I’m honored today to be a guest contributor at a new blog dedicated to the courage it requires to face personal financial struggles. Todd and John from FearlessMen.com have branched out with a new site called FearlessDollar. I’m there today with several other bloggers providing some insights and helping them jump start their new project.

When we choose to get radical with our personal finances fear becomes our greatest challenger. It binds us up and locks us down. We become completely immobilized as the multitude of fears line up at our front door.

dark tunnel

Are you ready to confront your fears?

Fear of the unknown.

Fear of change.

Fear of a new money management process.

Fear of ridicule from others who think we are crazy.

Fear of the future.

Fear our past will repeat itself.

Fear of our ability to complete the mission.

Because fear represents the greatest challenge, it needs to become our greatest opportunity. Confronting and overcoming our fears moves us emotionally and spiritually forward in ways we could not possibly dream about.

Please click here to head on over the FearlessDollar.com to give Todd and John a shout out on their new venture.

And be fearless today. It’s time to confront what’s in the dark tunnel.

What was the greatest fear you faced upon decided to tackle your personal finance issues?

Image at FreeDigitalPhotos.net

Filed Under: Vices Tagged With: , ,

Shock Treatment to Break Your Financial Procrastination

September 11, 2013 by 19 Comments

Shock coilsCollege breeds procrastinators.

At no time of my life did I put more things off until the last minute than my first few months in college. Every hour something new would entice me to put the books aside and enjoy the other, more exciting things college had to offer.

The pickup hoops game at the gym.

The late night pizza runs.

The cute girl one dorm over.

Time and time again this would happen, especially early on in my college life. As a result of my attention to anything unrelated to studies, I would often find myself starting papers at 11:00 pm that were due the next afternoon. Talk about putting your back up against a wall. It was an all night scramble of writing, filled with Mountain Dew and Ho-Hos.

“Fairly quickly” is the answer to the question “How long did it take you to develop a more disciplined attitude?” Had to…my freshman GPA (and ultimately my graduation) was depending on it. I realized there was no way I could maintain those negative patterns of time management and succeed at that level of education.

Procrastination creeps into all areas of our life. We put off dealing with relationship issues, work assignments, our spiritual health and even kid problems. Perhaps in no area does it rear its ugly head more so than in the world of personal finance. What is it about money that keeps us from confronting our difficulty with managing it?

Are you a personal finance procrastinator? Ever said any of these things:

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Filed Under: Investing, Vices Tagged With: , , ,

Burn the Obstacles

August 18, 2013 by 9 Comments

Acts 19:18-20 - “Also many of those who were now believers came, confessing and divulging their practices. Also, many of those who had practiced magic brought their books together and burned them in the sight of all. And they counted up the value of them, and it totaled fifty thousand pieces of silver. So the word of the Lord grew mightily and prevailed.”

What’s standing in the way of you and an awesome life?

fireA few pounds?

A damaging relationship?

A pessimistic attitude?

An addiction?

A spiritual connection?

Sometimes it’s tough to see what’s holding us back. In general, we don’t have a great track record of diagnosing our own personal issues. Others are much more skilled at pointing out areas of our life that could use some improvement.

Even when we are able to pinpoint the issue, it’s not always easy to alter our course. We offer excuses, rationalize actions and justify our way out of change. We’d rather keep hurting our chances at an excellent life than face the harsh realities of what are our faults.

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Filed Under: Hidden Nuggets, Vices Tagged With: , ,

Legit Get Rich Quick Schemes

April 4, 2013 by 12 Comments
Pyramid scheme

Image courtesy of FreeDigitalPhotos.net

I have a confession to make. By nature, I am not a patient person. I would love to have a enough money to be financially independent RIGHT NOW, know what’s going to happen in the next 10 years RIGHT NOW, and have all the problem issues of my life fixed RIGHT NOW.

I have learned though the years to monitor my impatience by reflecting on my faith and what God tells me about it in the Bible. Passages like Hebrews 12:1 have been especially valuable to me. In talking about our life journey it says,

“…let us lay aside every weight, and the sin which so easily ensnares us, and let us run with endurance the race that is set before us…”

But it’s still really hard to live this way in a culture that stresses immediacy. And we all succumb to the pressure for instant gratification, instant knowledge, instant wealth and instant fame. Think you are immune? Try living a couple of days without watching cable news, using your microwave, or neglecting Twitter and Facebook. See how you feel.

Nowhere does our culture’s value of immediacy reflect itself more than in our desire to accumulate money quickly. Maybe that is why we are so vulnerable to get-rich-quick schemes.

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Filed Under: Vices Tagged With: ,

Ways We Lie About Money

March 14, 2013 by 12 Comments

Have you ever told a little white lie about money? What might a “money-lie” look like? Here are some examples I could think of:

*Exaggerating your net worth or monthly income on a blog post.

Woman Quiet

Photo courtesy of FreeDigitalPhotos.net

*Saying you got a better deal on an item than you really did.

*Telling someone who asked for money that you didn’t have any with you to give (ashamed to say I’m guilty here).

*Pretending you gave more to a cause than you actually did.

*Hiding or covering up your spending habits. (Guilty here as well and I’ve even written a post about it).

*Failing to report income earned in cash on your tax forms.

Why are we so apt to distort the truth? I think the core of the issue revolves around three main principles:

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Filed Under: Giving, Vices Tagged With: , ,

How Far Would You Go To Get What You Want?

February 21, 2013 by 17 Comments

Darth VaderEver been around someone who is never satisfied? It doesn’t matter how much they have they always want more. Contentment is a foreign word to them.

There is a delicate balance between being content and striving for more and the two seem to compete against one another. Being content is an inner attitude that has a lot to do with a peaceful state of mind. Striving for more is an action that outwardly suggests you aren’t entirely settled with your present circumstances.

In all honesty, I’m not sure where the boundary line is drawn. I think, however, I might be able to figure out when somebody crossed the line, like in this story.

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Filed Under: Vices Tagged With: ,

For the Love of Money

February 14, 2013 by 5 Comments

VaultI brought this post out of The Vault today to do two things:

1) to remind myself on this Valentine’s Day the trap that awaits when I choose to put my affection in the wrong place and,

2) to introduce a new feature on Luke1428 called “Theology Thursdays.” It is my goal for Thursday’s post to include a spiritual perspective as it relates to our responsibilities towards money, wealth and personal finance. Hopefully that will be a blessing to you as I share what is on my heart.

So with that introduction, re-enjoy “For the Love of Money” (first appeared on Aug. 3, 2012).

————-

“Money money money money, MONEY!”

“Some people got to have it…some people really need it…Hey, listen to me, y’all do thangs, do thangs, do thangs - bad thangs with it.

Well, you wanna do thangs, do thangs, do thangs - good thangs with it…talkin’ about cash money…

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Filed Under: Core Money Truths, Vices Tagged With: ,
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