11/27/08

four simple secrets to guide u to a debt free financial peace

Some tips on Four Simple Secrets will Guide you Toward Debt Free Financial Peace

This is first and foremost about a completely new way of managing your money.

STOP
  • Living paycheck to paycheck
  • Going into debt
  • Worrying about your money
  • Putting off retirement
  • Over drafting your accounts
  • Arguing with your spouse

    START
  • Paying cash for purchases
  • Living on less than you earn
  • Getting out of debt
  • Investing for retirement
  • Making your money work!
  • Working with your spouse


    You’re welcome to check out the long version of how YNAB came to be, but the short of it was something like this: We were a just married couple, both still in school with no money, no car, and part-time-low-paying jobs.

    But we had an idea.

    The idea was to budget using Four Rules. The software (either spreadsheet-based, or as a standalone Windows program) is built around these Four Rules.

    If you choose to implement, it will change your life…

    YNAB is so helpful. Seven months of success in our house with the program. We are successfully living on one income in our house now as a result of YNAB. We are paying down car and student loans at the same time, with a 9 month old baby in tow. We live on a not-for-profit worker salary, too. Pretty cool. Go YNAB. Best impulse buy I ever made. source

    The real victory from living on a budget will be the debt we will be able to pay down with the wife’s seasonal income. Looking longer term, we have a plan to have everything but the mortgage paid off by this time next year. Then the snowball used to pay off the debt will be freed up to really start us down the path towards the dream. I feel we’ve come a long way to learning healthier financial behaviors. source

    …and it’ll do all of that in less time…
    I spend sooo much less time on the budget every month and everything is TOTALLY organized. I used to fear balancing everything under my old method because it took too long so I would inevitably put it off. Now I look forward to entering everything and I do it every 1 to 3 days at the latest and it takes no time at all. source

    Anyone who is considering this program, I would strongly suggest giving it a chance. This software is so easy to use, my wife and I spent 20 minutes setting up December’s budget and I spend maybe 5 minutes every couple days updating the receipts and reconciling the checking account. Definitely not a time intense process. source

    So let’s talk about these Four Rules.

    Stop Living Paycheck to Paycheck

    YNAB will require some work on your part–work that will pay big dividends in the future. The methodology and software will help you work toward living on last month’s income. What you earn this month, you’ll spend the next. Most people take between four and six months to save enough money to live on last month’s income. What really matters is that you work toward it (Rules Two, Three and Four will all help you get there).

    Why Follow Rule One?

    You’ll finally have some breathing room. (Don’t underestimate this)

    Pay your bills when they arrive — no more wasting time by timing paychecks with bills!
    The “I can’t budget, I’m on a variable income” problem is eliminated.

    We’re now living a month ahead, and I’m completely geeking out about it. Yesterday I paid all the bills we’d gotten so far for January. Today I got the water bill, and instead of putting it aside to wait for the next paycheck–I just went ahead and paid it right away. Next to my desk I’ve got a little box with 31 slots, for keeping bills in. That way I know when they’re due, so I can schedule which ones I have to pay now and which ones can wait until the next paycheck. Now NONE of them need to wait until the next paycheck. I’m going to give the box to Goodwill.
    source
    See Rule One in Action

    Give Every Dollar a Job
    Each month you’ll sit down (with your spouse if applicable) and allocate the funds you have Available to your spending/saving categories where they are needed. You’ll do this until there are no more available dollars. The process takes twenty minutes and will revolutionize the way you think about your money. Every dollar will be given a JOB (rent, car insurance, savings, caribbean vacation, etc.)

    Why Follow Rule Two?

    Dollars are like teenagers, unless given some (strict) guidance, they’ll own you.
    Your awareness will increase immensely. Your spending will align with your values, and that brings contentment.

    Communication between spouses about money improves greatly.

    Once I started using YNAB, within 10 days I am very clear about my financial goals. YNAB gives me a very clear picture about my spending and where I can save etc. source
    Making more money doesn’t make you smarter or better with money. It doesn’t magically enable you to not need a budget. Though I lived that way for awhile. I could get away with it while single — but as a family man with a mortgage, a new car, a flooded basement, a new dog with surgical needs, etc. Well, that just wasn’t going to cut it. YNAB quickly, and easily, got me living to a managed budget this summer. source
    See Rule Two in Action

    Prepare for Rain
    Everyone has rainy days. The car insurance is due, you need new tires, the tax man cometh… YNAB will help you anticipate those larger, less frequent expenses. Have an insurance premium due in six months for $600? Stick $100 into your Car Insurance category for each of those months and watch the balance grow until the bill is due.
    Why Follow Rule Three?

    Even out the crazy ups and downs of your financial life.

    Gain a true picture of your discretionary income.

    Ease the stress of opening the mail. (The money will be sitting there waiting to be used to pay that bill!)

    My car insurance bill came today. It comes once every 6 months. I have the money to pay it and it won’t hurt at all.

How to Fix Your Debts on Your Own

How to Fix Your Debts on Your Own

If your debts are too high, you can’t make all of your payments, but you don’t want to go bankrupt, you’ll want to consider some alternatives. The best alternative is to fix it yourself! Here is a guide on how to fix your debt on your own.

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[edit] Steps
Build an emergency fund. Many people recommend three to six months of expenses. But even if you can only save a couple of hundred dollars, it will keep you from going right back into debt when your car breaks down or you fall and break your arm.

Don't go into any more debt. Yes, you need to have a credit card for many practical reasons. But you only need one. Choose the one that has the lowest, fixed interest rate and keep it. Don't close your other cards because that might negatively affect your credit standing, but do cut them up or hide them in a drawer. Do not use any of them except in emergency that you cannot cover with your emergency fund.

Make a budget. A budget is a basic list of all the money that comes in and out of your home each month.

Read your bank statements. If this is the first time you’ve had to make a personal budget, you may have trouble figuring out your monthly expenses. By looking at your bank statements and credit card statements from the past few months, you can get an idea of your average monthly spending. A second, but more tedious way is taking a pencil and paper with you everywhere you go for a two week period, to copy down all purchases made.

Reduce your expenses. Once you know how much you spend each month, you can figure out ways to reduce your expenses. Good ways of doing this are cutting your food bill by purchasing sale and name brand items, taking the bus or carpooling, and making your own coffee instead of getting it at the local coffee shop. Visit garage sales and read the want ads. Sometimes people sell clothes with tags still on them, or exercise equipment that's hardly been used. As you are able to save some money each month, start using that money to pay off your debts.

Delay expenses. Maybe spring is here and you want some new pants -- if you wait three or four weeks, you can buy them on clearance. Maybe your dryer broke. Hang your clothes on lines in the basement or outside for a few months. The longer you wait to buy something new, the better position you will be in when you finally make your purchase. You don't have to sacrifice forever, but try to make do. If somehting's not broken but it's a little ugly or beat up, see how long you can tolerate it.
Pay any late bills right away. Late fees and overlimit fees are expensive, and if your credit standing drops, some banks raise the interest rate you pay.

Next, pay the bill with the highest interest rate. This is called "Laddering". Pay a little extra every month. Even if it's $50. Even if it's $10. But make it your goal to put as much money as you can afford toward paying off that bill. Alternately, you can use a "Reverse Laddering" approach, where you pay your bill with the lowest balance first, then the next lowest balance, and so on. This frees up more cash in hand to start chipping down the higher balance debts you have. This method is effective because instead of paying small chunks of money toward those high interest bills, you can throw large chunks of money at them, reducing the amount of time needed to pay them off. Also, your attitude will be better because you see the results of your progress faster, and therefore aren't discouraged as easily.

You must be careful though, because sometimes the money you pay on the higher interest is more than the money you free up each month when paying off the small balances. Review your finances thoroughly, crunch the numbers, and see which method would be the most effective for your situation.

Consider your other options. If you’ve discovered that it isn’t possible to repair your credit on your own, start researching other options. Some of these options might include consumer proposals, debt consolidation, or as a last resort, bankruptcy. It is strongly advised that you seek a personal bankruptcy attorney to discuss your options. A bankruptcy attorney will be able to determine which option would best suit your individual needs.

[edit] Tips
For more information on debt repair, or to find a bankruptcy attorney near you, visit www.bankruptcy-america.com

[edit] Warnings
Get referrals of any counseling agency you work with. Some scam artists prey on desparate people.

How to Create a Working Budget

How to Create a Working Budget

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A budget is a great way to take control of your finances and save for some goal or maybe just get out of debt.

[edit] Steps

Calculate how much money you earn in a month after taxes. For this budget plan, use your net pay or take home pay. Include tips, supplementary income, side-jobs, investments etc. This is your income.

Figure out your expenses. The best way to do this is to save receipts for a month or even a couple weeks. Knowing how much per month you spend on groceries or gas makes the next part much easier. If you want to start writing your budget today, and don't have receipts, that's OK, it's just a bit more difficult.

Set your goal. Why are you going on a budget? Maybe you want to start saving for college, or maybe you want to get out of debt. Whatever your reason, define your goal clearly so you can determine if you are meeting it or not.

Break your budget up into some basic categories. Some categories you could use are: Housing, Food, Auto, Entertainment, Savings, Clothing, Medical, and Miscellaneous. You might want to organize your expenses into needs - such as your loan and electricity - and wants - such as clothing and entertainment.

List all your spending under each of these categories.

Let's take Auto as an example:

$300/month car payment, $100/month insurance, $250/month on gas, $50/month on maintenance, 10$/month on fees such as registration. So, your total Auto budget for the month would be $710/month. If you don't know the exact amounts you spend, try to make good estimates. The more accurate you are, the better chance your budget has of working.

Once you have broken down all your spending into your basic categories, add it all up. This should show your total monthly spending. Compare it to how much you make each month after taxes.

Obtain some kind of record-keeping method to keep track of your budget. Some people like to use computer programs like Quicken or Microsoft Money. If you prefer you could just use a good old-fashioned ledger book. You can find one at Wal-Mart for about $5.

Set up your ledger. Skip the first 5 or so pages for later, we'll come back to it. Divide the rest of the ledger into as many sections as you have main categories. Put each main category on the first page of each section. This will give you room for lots of entries in each category. Some categories, like food, are going to need lots of pages.

Decide what period of time you want your budget set up for. I found monthly to be the most useful for me, since most bills are monthly. However, I decided to make the deposits to my budget categories twice a month. In other words, if my Auto budget for the month is $710, I showed "deposits" of $355 in the Auto section on the 1st and 15th of each month.

Show a deposit in each category at the start of each period, then show all the expenditures from that category throughout the period. So, for Auto, you would start off with $710 for the month, then show several expenditures for gas, one expenditure for car payment, maybe one expenditure for insurance(depending on whether you pay insurance monthly or not).

Use that first section of the ledger book to record income and then show the budget being subtracted from it each period. For instance, I get paid every other Friday, so there are corresponding entries in the income section showing income deposits every other Friday. My budget is ~$2800/month, and gets subtracted on the 1st and 15th. So on each 1st and 15th, the income sections shows a budget subtraction of $1400.

[edit] Tips

The very first month you set up a budget, it's probably not going to work for you, because if you've never kept track of this stuff before, you're not going to magically know how much to put in each category. DON'T BE DISCOURAGED. The second month might be a little better, but most people don't have a good, working budget until the third or fourth month. You didn't ride a bike without training wheels the first time you tried, and you weren't Michael Schumacher the first time you got in a car, either. Practice makes perfect!

There are occasionally pay-periods where may make some extra money, and when that happens there is a surplus! It's up to you on how to use that surplus. You could put it directly toward your goal, or you could let it sit in your bank account as an emergency fund.

As time goes by, you will find that your original budget has some flaws. Some areas you underestimated, some areas you overestimated. Some things come up that you didn't account for at all. That's OK! Just make revisions as you get a clearer picture of your spending.

Remember to keep your overall spending less than your earning so you can meet your goal.
The first time I tried this, my spending was more than my earning, and that was without putting anything into savings! If that happens to you, do what I did: start making cuts in your spending plan. For instance, my first budget had $150/month for clothing. After making changes, I reduced my spending to $80/month for clothing. You might have to make many changes like that to be able to accomplish whatever goals you have set for your budget.

If you keep your emergency fund in your checking (or savings!) account, it could be very difficult to avoid the temptation to spend it when you see that shiny new must-have item you've been wanting. Find a money-market account with a decent rate of return (4-5%) and check-writing privileges and you'll be ahead of the game.

A common problem people have when making budgets is that they'll come up with an excellent plan, but then the car breaks down and the plan goes out the window. This is why you have the above-mentioned emergency fund. If you use the emergency fund money for an emergency, don't forget to budget for putting that money back next month!

Another common problem is people see the shiny new must-have item at (insert store here) and they buy it, even though it's not on their budget. Maybe it was on sale and they couldn't pass it up! This is why it's good to have a budget category called "Blow" (or whatever you want.) No, it's not for cocaine, it's the category for impulse purchases! I highly recommend including this category.

Don't try and begin a budget for the first month after an event in your life where money was significantly spent or saved, such as a vacation or a move, or coming into an inheritance or winning the lottery. Wait until your finances have been "in order" or at a steady pace, usually from three to six months afterwards, before starting fresh.

[edit] Warnings

At times a budget can seem very restrictive. Just remember, it can be liberating too! When vacation time comes, you'll already have money set aside for it thanks to your budget and you won't have to scrape to be able to afford it.

How to Reduce Expenses

An important way to save money is to reduce expenses. There are a lot of ways you can stretch your dollars and help avoid that "too much month at the end of the money" feeling. Some of these steps will take a bit of planning and investigation but they will be well worth the effort. Others you will be able to implement immediately. Some will require a small up-front investment but have a substantial long-term payoff. Your ability to implement those will depend on available cash and your budget.

What you’ll need first, is a clear idea of where your money is going; then you can look at ways to cut fluff and lower the cost of your required living expense. Always keep in mind that it’s not just about cheaper; it’s about efficiency. Analyze your needs and do the math. Most importantly, however, is to understand that reducing expenses is a lifestyle change and a change in your thinking patterns. Never let yourself believe that pennies don't count.

Steps

Determine where you spend your money. If you don’t know where your money is going, you are most likely spending too much. You can get a solid idea in as little as one month and as you continue, you’ll see patterns develop that you can address. Write down everything you buy down to the last dollar. Don’t stop at the obvious things like rent, utilities, gasoline and food – include the ancillary items like sodas and snacks as well as gum or tobacco. What about happy hour? Did you rent a movie? Use a Row-by-Column ledger, spreadsheet or other software to keep track every month. If you exclusively use a debit card for your purchases, the bank will do this for you.


Immediately eliminate unnecessary routine purchases. While it’s likely this won’t be the largest savings area, it’s important and easy. Is the coffee shop on your way to work really necessary? How critical are the three sodas or snacks a day you buy from the office vending machine at $1.50 each? A cup of coffee that you made at home is only 25-35 cents, as is a soda you bought in a store as part of a 12 pack. Do you seriously have to rent all those movies (and pay those late fees) each month? Have you checked to see whether your library has movies, or calculated the cost of switching to Netflix and BlockBuster Online? Those ten lottery tickets… the odds against you are astronomical. This is quick and most of it is habit. There will be some psychological pain at first but when you add up the dollars you’ll see a big difference instantly.

Address your utilities.
Heating and cooling (gas or electric): When you leave the house, set your thermostat to an "away" setting (a note of caution here: don’t set it so far from comfortable that it takes an inordinate amount of time to return to comfort when you get home: 65°F or 18°C in the winter and 80°F or 27°C in the summer might be reasonable numbers to use). Consider investing in ceiling fans – you can get these for as little as US$20 and they dramatically reduce cost of heating and cooling by circulating the air more efficiently. If your expenses are already low, and you won't be staying where you are for long, you may not save enough to pay for the fan, however

Electric: Lighting is expensive. When you leave a room, turn off the light. The idea that it takes more energy to turn on a light than to keep it on is completely false, as turning on a light only burns as much electricity as burning it for fractions of a second.[1] Energy efficient bulbs really work. This is an investment that will pay off over time but there is a significant savings to be gained. (this energy calculator can help). Turn off your computer/laptop when you’re not using it – (probably) the only reason you leave it on is convenience. Any voltage adapters (including the ones in stereo components) still use electricity even if they're not charging or plugged in to the device. If you have a digital box with an auxiliary AC outlet, plug your TV into it, and program the box to shut off the outlet when the box is turned off. For stereo components, plug them all into a power bar that can easily be switched off when not in use.Open the drapes during the day for light instead of burning electricity. Only use electricity when you absolutely need it.

Water: Save water, save money. Invest in a shower-reduction kit – they cost nearly nothing and will start saving you money immediately. They work by reducing the flow to the shower head and the change is barely noticeable. Learn to take quicker showers – an inexpensive egg timer is a good way to help. Repair leaky toilets and faucets – this is an enormous waste of water and easy to fix. Reduce your lawn watering to minimum needs. If you have a pool, keep it covered when it’s not in use to reduce evaporation – also, if it’s heated that will dramatically increase evaporation as well (only heat your pool to keep it from freezing, and invest in a thermal blanket). Also if you're not using the faucet turn it off -- e.g., when brushing teeth do not leave faucet running

Gas and Miscellaneous: Do laundry as often as necessary but as little as possible – for a lot of people this is a pleasant step. Reduce the temperature of your shower by a couple of degrees; the less work your water heater does the more money you’ll save. Use the microwave instead of the oven whenever possible – the cost just to preheat an oven is more than the cost to cook a meal in the microwave. Open the windows when it’s nice outside to reduce heating (and cooling) costs.If you live where natural gas is used only in the winter months, arrange with your local utility to do a seasonal shutoff so that you are not saddled with fixed monthly service charges for the "privilege" of being connected to the gas service even though you are not using it. With one supplier, it is $17/month. In the 8 months that you don't need the service, you're charged $17 X 8 = $136, but the season shutoff and turn on costs $54.

Cable and Telephone: Seriously, do you really, really need a thousand channels and every single premium channel available including the high definition packages? You can save the full $100+ on your cable bill every month by watching TV for free online. [2] However, if you have cable internet, it may actually be CHEAPER to keep basic cable than to pay for internet alone. If you want to save money take a close look at your priorities. For your telephone, shop around based on your use. If you make a lot of long-distance calls to family and friends, perhaps one of the unlimited plans would save money. If all your calls are local you probably can get by with a bare-bones option. Consider that your cell phone may have free long distance; therefore, removing the necessity of having long distance on a land line. Look into the Voice-Over-IP (phone over the internet) for your telephone solutions. This is not an option for people with DSL, which is tied to their land line. One such solution is Vonage, [3], but there are several others.


Cell phone: "wat r u up 2" "nm gtg ttyl" Text messages cost money. "Oh no, I have unlimited text!" Oh? How much does that option cost you? Do you actually even need a cell phone? Does everyone in your family actually need a cell phone? Parents – lay down the law on cell phone usage – is your eleven-year-old sitting around the house texting… are you? Another thing to consider is if you really require a cell phone then do you really need a land line at home? Consider consolidating. If your cell phone use is occasional only, consider a pay-as-you-go plan.


Reconsider Gasoline and Miscellaneous Auto: When gas was rationed during World War II, a popular slogan was "Is this trip really necessary?" Ask yourself that every time you get in your car. Make a list before you go to the store so you don’t have to make additional trips. Don’t go for a drive for pleasure – walk instead or choose other forms of entertainment (reading,exercising for example). Check the pressure in your tires. Convertibles get better mileage with the top up. A poorly running engine is a huge waste – even a spark plug change can make a big difference, as can clean oil. Also, the less you drive the less frequently you’ll change tires, oil, require maintenance, etc. That’s a savings-over-time, of course, but it will mount up. Another way to save gas (and money) is to change your driving habits. By simply driving more slowly, and/or less aggressively, you can save significant amounts of money (calculate for yourself at this web site [4]).

Cut Down on Entertainment: It’s astounding how many people complain about money then describe the latest release of a movie along with the cost of theater popcorn. Also, professional sports event, a music concert or tickets to a play can run hundreds of dollars for a couple on a date. Seriously, can you really tell the difference (blindfolded) between a $30 bottle of wine and a $9 bottle of wine? When you do dine out, actually think about the prices on the menu first. Consider a meal share if the restaurant offers that option. Never, ever order delivery. Look for vacation bargains – consider taking the kids camping instead of one of the super expensive amusement parks.

Focus on Food: The only real difference between a $1.99 can of corn and a $0.63 can of corn is $1.36 (sure there are exceptions; people on low-sodium diets will definitely have to pay more). The grocery store is a place you can save big.

Look for foods that are marked "WIC" for savings. Those have been approved for the Women, Infants and Children program by the USDA Department of Food and Nutrition Services… healthy, nutritious and inexpensive. That ring of cooked shrimp is on sale and sure looks tasty… how about a nice grilled chicken breast with green beans and rice? Make dining in an experience instead of just a convenience. It’s quite possible to spend as much on home food as you would by eating out if you are wasteful.

Invest $10 in a coffee pot. Making your coffee at home instead of purchasing your $1, $3, or $7 custom latte at the coffee shop will save you money.

Consider taking your lunch to work instead of buying lunch each day. Even an inexpensive lunch out is several dollars a day – do the math.

Use coupons whenever possible. Make sure these are on items you would normally eat so you don't purchase things that will be wasted by sitting in your cupboards forever or spoil in your refrigerator. Also use buy store specials and use store customer cards when possible toward food purchases.

Look into joining a warehouse club. The price of the membership is usually made up in the first shopping. They carry name-brand products and will take coupons. Also, by not having to shop as often, you spend less money by not being in the store every week and risking impulse purchases. Warehouse club shopping must be done with discretion or you will not save money.

When purchasing meat items, aim for pieces where you can identify the body part from which it came. Ground beef, although cheap, is processed which increases it's price. Tougher cuts of meat can be slow-cooked and made incredibly tender. Also larger pieces can be cooked in bulk and used for several different recipes. (Cook one large piece and when tender, tear it up for use in enchiladas, sandwiches, stews or soups, etc. Simply store in individual portions, labeled with the type of meat and date, for later use.)

Avoid large packages of fresh produce to avoid spoilage; frozen produce will extend the shelf life of all your fruit and vegetables.

Measure product use carefully (like soap powder); don't be wasteful with the products just because it comes in a large container.

Buy products you will actually use instead of substituting just because it's on your list and the only item available. Are you really going to enjoy that box of cereal that's not your regular brand, or is it going to sit on your shelf?

address your insurance costs: The fastest way for some people to reduce monthly expenses will be in the area of health, auto and life insurance. Companies that sell those are incredibly competitive. Get some bids from different companies. When you do this, bear in mind that lower initial premiums will not always be the most cost efficient!

Auto Insurance: Look at your deductible. Don’t jump to increase your deductible – analyze the entire plan based on your needs and expectations; do a risk analysis first. If you have an inexperienced driver in your house and you don’t have savings, having a high deductible might not be the best choice – also if your car is financed you may have minimum insurance requirements. However if you have a long history of good driving and you own your car, outright, you might consider a high deductible to save on premiums.

Health Insurance: Investigate alternatives. Shop around for plans that are consistent and cost efficient with your lifestyle. Consider your actual needs vs. what you have. A single man in perfect health in his mid-30’s might choose a plan with a higher copay or co-insurance and lower premiums, whereas a married couple wanting to start a family might do better with higher premiums but more extensive coverage. In other cases, prescription benefits might be the most important. The point is to look at what you must have .

Life Insurance: There is no question that this is important – for many people. The rule of thumb for someone with a family is three to five years' replacement income. However, if you’re a 20ish single consider carefully and determine if you’re over-insured. If you’re married in your mid-60’s have you looked at comparative plans from places like AARP? If you’re most interested in "burial policies" then, again, these companies are incredibly competitive. We all would like to leave our loved ones wealthy in the event of our demise, but not at the expense of your quality of life right now.

Home (and Renter’s) Insurance: This can be a large expense and many home owners have no idea how much they’re paying because it comes out of their house payments – out of sight, out of mind. Review your plan with your agent. Are your personal possessions really and truly worth the $250,000 you have on the policy? Also look for areas that are lacking. Is water damage covered; snow damage; hail damage? Think whether or not you’ll need those. Is anything important excluded? Is anything irrelevant included? Yes, Great-Aunt Martha’s rocking chair has sentimental value but do you really need a special rider to cover it?

Consider pre-owned items: This is a great way to save significant amounts of money while recycling! If you absolutely must buy something, there are options other than a mall anchor store or a big-box superstore. There are large thrift stores (e.g. Goodwill) and smaller church-run stores that have some incredible bargains on everything from home knickknacks to appliances to clothing. It’s amazing how fast a 4-year old will outgrow shoes (when that happens, re-donate them so somebody else can benefit). Look for garage sales – your neighbors will definitely not think less of you because you bought the winter jacket they are trying to sell – hold your own garage sale and they just might want what you no longer need. There are online sites that often have bargains (like Craigslist.org, Overstock.com and eBay.com).

Actively manage your credit: A poor credit score costs tens of thousands over the years in increased interest rates and insurance costs. You may even lose your job or lose out on a job application. Pull all three reports; challenge everything that appears incorrect. Pay all bills on time or early. Pay off revolving debt (credit cards) and put those cards away.

[edit] Tips

Recycle and reuse. The plastic bags for your groceries make good trash bags too. If you really want to become efficient, consider things like saving your cooking grease (baby boomers already know that) or reheat that half-full pot of coffee… if you want two cups of hot tea tonight, one bag is probably sufficient.

Insulate. Insulation for your attic, walls (including outer wall electrical outlets) will absolutely save you money over time. Much of this, you can do yourself. While you are at it, check the weather stripping around the doors to the outside; if you can see daylight between the door and frame -- purchase a roll of adhesive foam door seal and close those cracks.
Consider investing in reusable items. Rechargeable batteries are a good option if your battery consumption is high – the question you should ask yourself is: why is your battery consumption high and what can you do to reduce that?

Quit smoking. OK, this is obvious. Aside from the $150 a month, there are the enormous added costs to your health and life (and possibly auto and home) insurance and a very strong (almost guaranteed) potential for extraordinary health costs.

Limit alcohol. Alcohol is an added expense you may be able to eliminate altogether, or at least significantly reduce.

Stop gambling. If you gamble (unless you are consistently making money and you know that from tax returns, of course)… stop. Quit. Nix. Never. The odds against winning the Powerball lottery are around 150 million to 1 against you.
Stop using paper napkins and paper towels. Cloth towels are more absorbent and can be used over and over again. Cloth napkins can be made from an old table cloth. They also clean much better than paper.
Think about every purchase before you make it. Ask yourself whether you need it or simply want it. Do you already own something that will perform the same task? Is it of good quality or will it need to be replaced after a few uses? Most importantly, are you willing to put off your savings goals to have it? If an item is superfluous, just say no.
Use the 24 hour rule. Wait 24 hours before making the purchase for non-critical items.
Grow a garden. Even a small plot can yield significant amounts of fresh food. You can of course spend a fortune at the garden store but shop around, ask neighbors and grow your own starts.

[edit] Warnings

Do not only consider the least expensive option – that is certainly not always the best option. Many, many times, an initial savings will cost you more later. Carefully consider life cycle cost in addition to the acquisition cost.

If you buy pre-owned, check carefully… this is especially true of cars. It’s worth the investment to have a mechanic check the car (unless you’re perfectly competent in that area – are you sure?).

Don’t go completely overboard. It’s great to be frugal; it’s not great to be a mean-spirited miser. If your child (or you) must have new shoes or new glasses then definitely look for bargains but keep your priorities straight.

11/26/08

How to become rich by drawing a high salary

I am looking for material to motivate myself to grow my saving.
If you have anything that are useful do email me quek_cf@yahoo.com
let share it .

Positive attitude with positive action will make our life progress.

Tips on saving money, how to cut your debts

Information from WikiHow

Saving money is one of those tasks that's so much easier said than done. There's more to it than spending less money (although that part alone can be challenging). How much money will you save, where will you put it, and how can you make sure it stays there? Here's how to set realistic goals, keep your spending in check, and pay yourself first.

How to save

1) Don't buy things you do not need.

2) Figure out what you need to save for and how much you need to save. For short-term goals.

3) Set savings goals. Once you determine how much you need to save, establish a timeframe eg “I want to be able to buy a house two years from today.”

4)Figure out how much you’ll have to save per week, per month, or per paycheck to attain each of your savings goals.

5)Add together the installment amounts (monthly, weekly, or per paycheck) for all your savings goals. Can you afford to save this total each period?

6)Pay yourself first. Savings should be your priority, so don’t just say that you’ll save whatever’s left over at the end of the month. Deposit savings into an account (or your piggybank) as soon as you get paid.

7)Keep a record of your expenses. Write down everything you spend your money on for a couple weeks or a month. Be as detailed as possible, and try not to leave out small purchases.

8)See where you can trim your expenses.You’ll probably be surprised when you look back at your record of expenses: $300 on ice cream, $100 on parking tickets?

9)Reassess your savings goals. If there’s absolutely no way you can fit all your savings goals into your budget, take a look at what you’re saving for and cut the less important things or adjust the timeframe.10)Make a budget. Try to leave a little room for minor unexpected expenses.

11)Open an interest-bearing savings account. It’s a lot easier to keep track of your savings if you have them separate from your spending money.

12)Don't use your credit cards. This is one of the most effective ways to reduce spending.

13)Kill your debt. Simply calculating how much you spend each month on your debts will illustrate that eliminating debt is the fastest way to free up money. Once the money is freed from debt payment, it can be easily re-purposed to savings. info from : http://www.wikihow.com/Save-Money

Some interesting information i obtain on thread..
hope to share all this information $ saving tips:

lets talk abt food

1) eat at hawker,food courts, don the resturaunt. resturaunts prices are crazy.at least 15 or 20 per person after service charge and gst. even though its a bit more ex to eat a hawkers compared to last time, one meal only cost 4 max* ( at least for me)

2) bring own bottle, buy lesser cold drinks. can save ard 40 to $1 per day. one month will be $30(can be used to top ur ezlink) and plain water is more healtier

3)buy ur fish,veggies meat at wet market, if not seng song, or be a ntuc member and collect link pointsi never buy frm cold storage,unless im really thirsty and need to buy their bottled drinks

lifestyle
1) i dont smoke nor drink. can save alot of that.smoking is an exp hobby..most ple spends at least $50 on their cigarettes per month.

2) don club, save me taxi fares

3)currently still living wif parents, no need pay hsing loans yet

4) i dont have a car, and dont plan to have a car. like some podders mentioned ,need at least 600 for a car monthly.looking at how much petrol have gone up, i think its even more exp to have a car. IF u have the extra cash,why not. but for someone who does not earn alot, having a car is not possible.. oh i forgot to mention the driving lessons.. hell knows why learning to drive can be so exp!! 3000 is alot.

others
1)dont splurge alot on counter brands. for foundations i will use counter brands, but for blushers, e.s i get drugstore brands

2) i try not to spend too much on shoes, bags and clothes.. my stuff are all not branded. my most ex bag is 120. my most ex pair of shoes is 39. normal everyday clothes, i get frm random stores..frm mango to even this fashion...

3) skincare.. i buy nivea toner,olay moisturiser,and biore cleanser..all inexpensive and good


I agree with phoebella's lifestyle.



  • Smoking, clubbing, drinking are the most expensive hobbies. I avoid them too.
  • Dont start gaming... if ur games require real $ to purchase items/ monthly subscribtion.

I'd also like to add: Dun spend on 4D, Toto etc. Zane80 spend 200 on 4D every month? If u had saved them up, u'll get like 2400 in a year and 24000 in 10 years, not to mention the interest earned. The probability of winning 4D is so low, u'll most prob waste 2400 for nothing if u dun strike any prize in a year. If u had used them on insurance, u'll be getting more protection and better retirement plans. Sorry, no offense, juz sharing my opinion.

I use a combination of 2 methods:

1. Keeping track of expensesFor me, I keep track of my expenses in a notepad and will calculate monthly how much I spend on food, clothes, books, etc so that I am aware of my shopping habits and I will not overspend. I will curb myself if I know I've spent too much on this for the past few

2. Monthly savingsI also do regular savings into monthly saving accounts like POSB's mysavings account and OCBC'S monthly savings account

I dun withdraw any money from these accounts. These are purely for savings for the future like housing, renovation, children etc...months. This helps me to save up coz if I dun spend them, I'll save them.


Dont go shopping when ur broke.


  1. use money saving coupons for grocery shopping.
  2. take part in newspaper/mag contests, den sell the prizes for cash or swap!
  3. buy in bulk for necessities on sales.
  4. dont go movies, rent dvd instead!
  5. 6. dun buy bks, borrow fr libraries.
  6. Dont bring your credit card if you know you can control your spending
  7. bring just the exact amount of cash without anything else.
  8. I bring along my water bottle and I top up in my company's mineral water dispenser.
  9. I would share food with my friend and I will eat very little, if I am really hungry, I would return home and eat bread or instant noodle.
  10. I would take free lift from my friends to nearby MRT station, after alighting from the MRT station, I would walk back home.
  11. Usually, I will try to restrain myself from buying new clothes, unless it's on sales.. I would target myself to spend less than $50/- on clothing each month..I have save quite a fair bit for the transport and on food.

trying to do all these

1)save my 1 dollar coins/dont waste coins

2)less taxi3)fixed buget for meals everyday/no outside drinks unless necessary

4)no buyin of clothes till really necessary, i'll make myself walk around the place to lessen the temptation

5)drugstore cosmetics 6)toiletries i get from those provision shops which are cheaper

7)breakfast is usually bread from home and dinner at home too

8)i bring fix amount every week to lessen temptation to shop or buy misc things

9)trying to resist the temptation to buy things for my pet dog, usually when i tell my bf about the things i want, he will reject my idea and then i wont have temptation to buy already hahah

10)no credit cards/debit only so that i can keep check of my spendingmost importantly, i transfer a fix amount to my savings account from my primary account FIRST when pay comes in and also set aside money for other fixed expenditures ie insurances or parents' allowances

---

to me , if u ever even want to save moneyfirst thing u must have the awareness , like "wtf am i doing!" or "is this wat i want to be?" main thing is to be aware of watever u r doing , in order to have a lasting habit to save money actually most of my saving methods, start with this book by david bachlet me get the link herehttp://www.finishrich.com/i personally recommend this book, start late finish rich by himto start with saving money methodsit was the part , where david bach was proving the power of saving compared to earning power, he analyse a rich executive or her spending habit(she being hungry most of the time, partly due to her habit in indulging in things like cakes and muffins costing more than normal food meals)anyway david bach prove alot of rich, upcoming executives,CEO , entreprenuers that they r NOT rich (which he doesnt even believe it) , bcoz of their spending habits, which is the "earn more, spend more, neva save" VERY VERY common in singaporeso my point, unless u r convinced to change urself, no amount of help will help

---fixed sum to save..something like before u spend..forced urself to save first. saving in those hard to withdraw banks. keke..preferably wifout atm. i starting save all the loose change like $1, 50cents. I think i am pretty addicted to it now. Feels a sense of achievement when i feel my piggy bank heavy and full. going to start a new piggy bank soon. cutting down on credit card usage. best is dun bring out. credit card is one major issue cos u think u can buy things and always pay next mth...it's never ending one!no taxi cutting down on window shopping..the more u see, the more u wanna buydrink kopitiam kopi..not high class coffeee. cut back on restaurant food. good thing i invested my cpf many yrs back..otherwise it's rather pathetic.

---

Actually using credit card is not that bad if you have the discipline to save the amount used and pay the bill on time. Credit card point can be accumulated and redeem for products or servcies.I don't eat fast food unless got coupon (IMG:style_emoticons/default/tongue.gif) .

But sometimes come to think of it, actually we can't really save much on food. Unless you are switching from restaurant to hawker, if you are already not a restaurant person, eating a $5 meal makes no different from a $3 meal. How much can you save in a month? Maybe less than $50.I feel that shopping is a killer (IMG:style_emoticons/default/icon_ranting.gif) .

No matter how hard you saved on food, a top or a bag will easily wiped out whatever you have saved. I used to buy Mango and GG5 but i feel that they are becoming more and more expensive. Now I start to buy from other shops including This Fashion (I used to hate it), may not be branded but I feel the clothes look as good and I can buy more stuff using the same amount of money (IMG:style_emoticons/default/laugh.gif) .

I also have the habit of saving the $1 and $0.50 coins. Can save about $150 in a few months. For those who does, you can deposit in UOB account on every Tuesday and Thursday from 9.30 am - 11.30 am. If you deposit 199 pieces and below, there's no charges (IMG:style_emoticons/default/whistling.gif) !

I feel that all the interest rates offered by banks are more or less the same ie VERY LOW and can't cover INFLATION (IMG:style_emoticons/default/hot.gif) .

If possible should do some investment (I'm not a Financial Planner).

a few of my friends dun even have saving and one common factor, they take cab very often. phew cab fare is such a killer, b4 the fare increase i take like 15 times per yr???

with the increase i am determined not to take again unless cab sharing with friends.i can save quite a fair bit but still end up no money coz money used up for many things, sigh i spend lot of money on my car and bike lic and on part-time degree. Now back to zero again but determined to make my saving grow again, afterall i am turning 27 soon, scary!1. During lunchtime i only buy food but nv buy drinks, that really save quite a fair bit and drinks now also cost quite a lot,eg if u order lemon tea it is like $1.30 and there are around 20 working days, there be like close to thirty bucks. i also realise all my lunch khakis dun buy drinks during lunctime too, they are all earning like 3k plus and 4kplus i think. Maybe they are all married women with family that y v thrifty2. We are girls mah so we also need to maintain our looks but that does not mean we got to spend lot of money, there are Watson 20% sale and that is the time to stock up our facial and other bodycare, cosmetics time~ Oh ya chinatown there are lot of shops sell very cheap skincare, facial product. Me and mum will go buy in bulk and there is quite substancial saving too3. I dun spend a lot on my hair too, dun dye nor perm or rebond it, save money and more healthy for hair too. I heard actually those expensive hair treatment at the salon are of no use and there are so ex but i heard you are diy with natural products egg blah blah, there are cheaper and really works than those chemical treatment at the salon. I kept very long hair too and i trim like 3 times a yr? Actually at most i spend 100 bucks per yr at the salon.4. I dun wear too much cosmetics, so i also save a lot on cosmetics, i spend like 50 bucks per yr on cosmetics. I think less cosmetics also good for your skin and people wun be shocked mah to see u without make up one day that it is if u always wear make up. Very impt occasion den apply make up or weekend, working days save the time for your beauty sleep hehe.But of coz skincare v impt dun wear make up but must always apply sunblock so good sunblock is very essential so cant scrimp on that.5. We girls love to shop and there is often many impulse buy. so now must think carefully do u really need to buy and will you really wear it often if you buy it? Now i go through all this qns before i decide whether i buy a not. so now my shopping expenses cut down and yet i still enjoy shopping as i bought only items i only like and will wear/use very often.

11/18/08

Family oriented restuarant or place (Singapore)

I am constantly on the lookout for a list for family oriented restaurant or place where we can bring my daughter to either for a dinner with family or gathering with friends. Do kindly email me quek_cf@yahoo.com on subject as Blog-recommend dinning places with playground if you can contribute to this list

Updated List:
1)Globe Trotters at United Square: A restaurant with wide variety of food and a big playground for kids to mingle.

2) Ikea restaurant at Redhill or tampiness : A small corner for the kids.

3)Ju Shin Jung Korean Restaurant at YESS Centre: An authentic Korean Restaurant with a playground in it.

4) Swensen's restaurant at Changi Airport. There is a playground next to it.

5) IMM has 2 indoor playgrounds, one for toddlers and one for older kids.

6) Four Seasons Hotel has a kids playroom, with a kids buffet which is free when adults eat at Jiang Nan Chun or One Ninety restaurant.

7) Paragon has a new ToysRus, and a many restaurants in the basement.

8) Village at china square. they also have a indoor playground.

9) Bottle tree village at Sembawang.

10)Village at china town square . They have a playroom .

11) Just Noodles at Suntec City (@ B1).

12) Kids Inc. located at great world city.. http://www.kidsinc.biz/

13) High Teas (level 4) on weekends at Holiday Inn Atrium(former Concord hotel)

14) Hog's Breath at CHJIMES will convert one of their area (called "Pigs Pen")

15) Feast@East (Grand Mecure)

16) McDonalds at Kallang

17) McDonalds at West Coast

18) High Tea in Changi Village Hotel. Children room with clown n tiny buffet with finger foods, TV playing cartoons n clown's entertainment with balloon scupting.

19) KFC at Kallang. Mini playground for children.

20) McDonald at Ang Mo Kio Park (Opp AMK Library)

21) Bottle Tree Park (Opp Yishun Stadium) - branch of Bottle Tree Village. Big children playground

11/6/08

Check out the latest lobang 2008

Strawberry short cake coming to tampiness and pasir ris
update shortly




Posted - 10/15/2008 : 10:54:04

FREE Skate Class. Suitable for children above 3 to 12 yrs old..
School Holiday Programme available as well..Visit
www.skate-with-ud.vom
Timings for Trial Class (pls check with them for latest)
The dates for trial classes: This sat, 18 October 9.30am /2pm Bukit Batok 5pm at East Coast Park This sun, 19 October 10am Tampines Sun Plaza Park 4pm Seng Kang Central Sculpture Park

To sign up, you have to call skate with us with your preferred timing and the following:Name of participants:Mobil Number:
Do you need to rent skates? (yes/no)
Cost of rental is $8 for full set of equipment inclusive of helmet/skates/gears Preferred Class timing









Tollyjoy Warehouse Sale 2008
Dear Tollyjoy Customer,

It is our great pleasure to inform you that Tollyjoy Warehouse Sale 2008 is here. There will be a wide range of products for you and your baby.

We are pleased to invite you to the sale at:

Venue
Tollyjoy Building
29 Changi South Street 1, Changi South Industrial Estate, Singapore 486771

Dates
21st Nov (Fri) to 23rd Nov (Sun) 2008.

Time
11am - 7pm


Sale Highlights (Whilst stocks last)...

Baby Clothings @ $10.00 for 5pcs
Feeding Bottles @ $1.00 each
Electric Steam Steriliser @ $30.00 each
Feeding Bibs @ $5.00 for 5pcs

Tollyjoy Laundry Detergent Powder 1kg @ $4.90 each (Usual: $6.90)
Tollyjoy Baby Lotion Wipes 20s @ $5.90 for 5 (Usual: $1.90 each)

and many, many more.....

Don't miss this opportunity to make worthy purchases. We look forward to seeing you @ Tollyjoy.


Yours Sincerely,
Tollyjoy Baby Products Pte Ltd (Singapore)






1) Check this site out.. i was happy that i found a site that they offer free samples for a small cost. Have got my first batch of samples.. hee so happy
Singapore's 1st Online Sampling Platform.Product Samples .Vouchers .Events .Coupons .Contest .Review , Try samples. Write personal reviews. Do surveys
http://www.fr3b.com/referral_program.php?referrer_token=2cbfda8088269a076db13ec8c602d9fb





2)They are offering 10 days trial to try their clarin pdts
Http://www.powertotry.com.sg/cozycot/make_your_selection.php

Understanding Relationships- ROMANCE, POWER STRUGGLE

Understanding Relationships- ROMANCE, POWER STRUGGLE

Relationships are the chief transforming aspects of our lives. They are the most important factors affecting our health, happiness, success and evolution.

All the relationships that we have with other reflect the relationship we have with ourself, with god, and the world around us.When we understand relationships and their various stages, we understand where our problems lie and how to heal them.

Steps and stages of relationships

THE ROMANCE STAGE
This occurs at the beginning of the relationship and is usually filled with beauty, fun and joy. The romance stage is the ideal, the potential and promise of our relationships which we can reach when we transform them.We need to believe that we are special and the romance stage fulfills that need. Therefore, we choose someone who treats us special and makes us feel special. Most of the time, we seek a missing part of ourselves in the new partner. The promise of being whole when we go into the relationship is actually an illusion of how we think our partner can fulfill us and make us whole.

We often begin relationships because of this reason- which is the WRONG reason. However, this is the glue that holds us together and therefore when the relationship does not work out, we fear that we may be stuck with them.

We could make the relationship succeed if we move on with the right reason with love and happiness as our main purpose. Through joining, forgiveness and letting go, we rediscover the peace, love and happiness that we have always had within us.

With romance and illusion, there is bound to be disappointment unless we set out to make our relationships whole.

Enjoy the romance stage but do not be surprised when you reach the next stage. When the romance is over, the relationship is not over, nor is the love gone. Romance does not equate to love, it is a idealized vision of our relationship that fills us with powerful passionate feelings. These are the feelings we often mistake for love, but they can power us through the more trying stages of the relationships ahead.

THE POWER STRUGGLE STAGE
This stage occurs right after the romance stage even though fights can occur at anytime in our relationships.It becomes evident when our fears, differences, needs begin to surface through the cracks that have begun to appear in our perfect relationships.

Often the very things that have attracted us to our partners become the point of conflict as we begin to see that perhaps our needs are not being met exactly the way we envisioned it or we might discover that our partners view of the world is not something that we can share.Herein lies the struggle as each of us battle to ensure that our needs are met and that things are done according to the way we see the world.In other words, we have reached a NO –WIN situation.
We search for a ‘missing’ part of ourselves when we search for a partner.

However, we have not MISSED out that part. We have merely hidden them and we hid them for a good reason. Perhaps we may have been hurt as children when we exhibit this part. The pain and trauma caused us to want to separate this part from ourselves.We need to venture across the pain and fear in order to love our partners and to establish a fulfilling relationship. When we join with our partners, we reclaim the lost part of ourselves which creates an integration that combines our energy with that of our partners but this a very difficult step to take.At this stage, we may fight for what we perceive to be our needs and it may lead to big conflicts. But every time we surrender, give, forgive and join, a new bridge is created and relationships move forward into understanding, bonding and trust.Healing at this stage does not mean compromise as compromise means that we are sacrificing something that we believe in.We need to learn maturity and friendship and give from the heart without any expectation of reward. We need to let go of every attachment and defense and put faith in our partners and our relationships. Only then can we find true communication, love and wholeheartedness.Every time we join, heal or breakthrough with our partners, we will experience another period of romance. we will enjoy this until the next layer of power struggle or deadness reaches the surface.The shadow step:This is the first step of our entrance into the power struggle stage and it usually begins at the tailgate of romance. This step is often the point where many relationships and marriages break up.We may suddenly feel that our relationship made in heaven can suddenly turn to hell. This stage can raise very strong feelings of fury, dislike and the reasons for this can be difficult to understand.When we enter a relationship, we project our ideals on our partners. We see them as the things that make us whole as we feel our needs for specialness is met. However once we step into the shadow stage, we begin to project something else and this is often our worse case scenario.

Suddenly, we see in our partners, part of ourselves that we have fractured off because they were so dislikable, despicable, unlikable, bad or embarrassing that we cannot go on with them as part to our minds and being. The shadow figures represent our most hated aspects of ourselves, which are the aspects we now see in our partners.

Two things can shift the situation completely.

1) Heal the shadow figure by integrating it back into our minds by forgiving and accepting it

2) The other is to forgive ourselves, our partner, or the situations or people that has caused that figure to develop within us.
At this point, we need to recommit to our partner and make a choice to give ourselves to them completely.

The dependence-independence step

A relationship usually begins with two independent self-sustaining people. When we begin a relationship, we might be both vying for the favored independent position and this bringing the power struggle to a new level.

Relationships balance the conflicts that both partners have within them and each partner is assigned a role in the relationship in order to resolve them. We either play the independent or we become dependent, according to who is best suited for the position.The roles shift throughout the relationship as we are never cast in one role unless we really want to be. The fundamental concept is to understand that the independent partner is always acting out the dissociation, separateness and indifference of both partners and the dependent partner is always acting out the needy sides of both partners, so when we switch and swap roles we are still acting out our joint and individual needs.

Obviously, we want to be in control, which leads to a struggle for the independent position at the beginning of the relationship. Being independent gives us the control to direct the dependent partner to do things our way or we won’t play. We are frightened by their neediness and it is often their dependence that drives us away. This is because we have to cone to terms with our pain ,fear and neediness which is hidden beneath or dissociation.We need to work through this step of the relationship by valuing our partners more than our need to have our own way. This step will occur many many times throughout the course of our relationships. For success, we must re-establish an equal footing, where we have both or needs met and we both have the space, freedom and security of interdependence.

As a dependent or ‘needy partner’, we have to let go of our needs and attachments.As the independent partner, we have to learn how to value, reassure, appreciate, reach out and with our love, raise up the dependent partner. The extent to which we are able to invest our time and energy in our dependant partner no matter how jealous, unattractive or hysterical they may seem is the extent to which they are able to give up these unattractive qualities and become equal once again.

Needy partners need to join independent partners in love, rather than just seeing them as a source of meeting our needs. When we do this, we move ourselves forward. We need trust, letting go and communication in order to achieve this, but it will, eventually, build a bridge over the conflicts.

We need to value our partner and our relationships more than our needs and every time we are able to do so, we will bring about a new honeymoon period, until the next layer of conflict arises.Independent partners must realize that the dependant partner is working through the neediness for both of us. And the easiest way to move through our hidden needs is to join and reach back for them. When we help our dependant partners heal their neediness and pain, we heal ourselves too.

Recognizing the reasons why people become dependent and needy within a relationship helps us to be sympathetic, compassionate and ultimately a good partner. If we are good partners when we are independent, we will receive the same treatment when the roles are reversed.

The crisis that typically occurs when we switch roles is bypassed by the new level of partnership we have established.

The positive-negative step

This step occurs when we realize we have different ways of seeing things. One of us in the partnership is ‘positive’ and the other is ‘negative’.Neither is wrong. We just see and approach things differently.A positive partner is usually idealistic and optimistic, has boundless energy and enthusiasm. He or she always underestimates the amount of time, money and energy needed to finish a project.The negative partner knows exactly how much time it will take and probably does not believe that there are resources to achieve it.

The positive partner goes for the big picture and goes for the big goal while the negative partner pays attention to the details and doesn’t want to make a mistake.Both of these approaches are effective and valid. When used together, they create a productive and happy partnership.The lesson of this step is that we must learn to value the contributions of our partners and work together, which will produce all the energy required to accomplish anything on which we set our hearts and dreams.

Negative partners are excellent problem identifiers while positives are excellent problem solvers. They are usually complimentary. The secret lies in avoiding fighting about who is right, who is better, more ambitious, practical or clever. Respect and value our differences.This force, as well as the valuing and recommitment to our partners propels us to a new state of our relationship which begins with a honeymoon period.


Understanding Relationships 2- DEAD ZONE
THE DEAD ZONE STAGE
This stage of the relationship is usually characterized by boredom, feeling trapped and the strong belief that there must be something better elsewhere. However, it is important to note that while this stage might seem suffocating and appear to be the natural end of the relationship but in reality, this is where some of the most profound healing will occur.The dead zone comes from a number of dynamics and all of them involve withdrawal and fear.Sometimes we withdraw to avoid losing to our partners in the power struggle and competition.Sometimes we withdraw from life because of heartbreak, failure and guilt.Many times we compensate for these feelings by undertaking positive roles where we are doing the right thing for the wrong reason- where we give but don’t receive, where we are in sacrifice, heading towards burn-out.
At every point where we lost bonding, through fear, separation or pain, we go into ‘fusion’.
Fusion is a place where boundaries between us and others are muddled.
The fusion we experience with our parents is carried into our own relationships with our adult partners.
This is the stage that we can face and heal the painful illusions of the guilt and failure that is present in every role and in every family dynamic.
It is painful to bring up feelings of guilt or failure that we have suppressed but a relationship is the natural forum in which to explore these feelings and heal them. We have to get past the ego in order to do so and that means we have to understand the traps that are in store.FusionFusion is the term used to represent the key behaviors in relationships that lead to their downfall.Fusion is effectively counterfeit bonding and it can be set up by the ego to prevent us from really joining.You can instantly tell the difference between fusion and joining. When we join our relationships are true, alive and free. We feel balanced and we are able to joinin the kind of love that brings success to all areas of our lives.When there is fusion, however, we feel dissatisfied, that we are making sacrifices in the relationship. We are unable to receive because we have withdrawn.When there is fusion, we cannot progress in our relationships because there is a co-dependency without partners to hide our fear, and we are unable to accept the love that will carry us past the ego’s barriers. This increases the sacrifice and throws our lives out of balance, and often shows itself by overwork, but sometimes with laziness.We can however experience true bonding and heal what was lost or non existent in our family when we were growing up by making a commitment to move past this step to allow ourselves to experience the true emotions and feelings that we are hiding. By committing to our partner and to life, we can escape from fusion and this escape is the love we have for our partners.CompensationCompensation is another ego trap that happens all the time. We compensate to hide our true feelings, beliefs, and concerns. Eg, we might have a poor self-image that we are lazy and to compensate ourselves for that, we work excessively hard.Similarly, by being over good, we hide a deep-rooted belief that we are bad or evil. Like fusion, compensation is a way of avoiding and suppressing our true feelings that need healing.It will never lead to a satisfactory relationship because it blocks what we have to give and prevents us from receiving.As long as we are playing roles or acting as we think we should, we will never reach a state of real joining, which make take us to a whole new level of the relationship.When we are aware the ego sets these traps, we can watch out for them, move past them, finding peace and love in our relationships.The roles, rules and duties stepThis step in the dead zone is usually governed by our egos.The idea here is that we act out roles, rules and duties to prevent ourselves from truly giving. We do all the ‘right ‘ things like behaving well, doing things for others and working hard but we do them for the wrong reasons. Mostly, we do these things not out of our love and our desire to give but rather, out of a desire to sacrifice ourselves and compensate for whatever feelings of guilt and failure that we are feeling.Sometimes, we also set up rules of how we want things to be because we want to hide and protect the places where we have suffered before. While these rules are set up to protect us from our past pains, they are meant to be broken and thus, like all defenses, they eventually bring about what we are trying to defend.When we play a role, we are not giving authentically. While others not close to us may not be able to tell the difference, when we are unable to give, we are in actual fact unable to give ourselves, which is the fundamental to the success of a relationship.Our ego tells us that when we give ourselves, we become vulnerable and thus we set up defenses to ensure that this does not happen. Obviously, joining, then, doesn’t take place. Ultimately, however, our compensations bury and hide the guilt, poor self esteem, feelings of unworthiness and failure deeper which not only affects our existing relationships but any relationships we might have in future.Many of our roles are the result of patterns that exist in our families- we were brought up to believe that we are not useful, important or special and so we bury those feelings of low self worth and compensate by making ourselves special, invaluable and important to others.The problem is that these feelings and problems remain deep inside us and unless we open them up, recognize and heal them, we will be unable to receive from others and we will eventually head towards burn out , depression and ultimately, deadness, which is reflected in our relationships,.The answer is to heal.By joining and recommitting into our relationships and going through healing, we can heal ourselves, our relationships and our families.We need to live by choice rather than by roles.We need to live by truth rather than rules.Giving ourselves into commitment can usually heal a whole step instead of trying to join at hundreds of points which are needed to get through one step.The Oedipus stepThis step forms part of the dead zone, but instead of the feelings of being in a rut, or nearing burn out, which characterize the roles and rules step, we move deeper into feelings of deadness, eventually to the point of repulsion and even revulsion from our partners.We may find these feelings bewildering and they are even made more so because they come from our subconscious.The factor at work here is called ‘transference’. We are taking unfinished business especially sexuality with our siblings or parents and transferring it onto our partners.These unfinished business may be based on feelings we repressed including a sexual attraction to a parent oar sibling or perhaps a guilty knowledge that one parent liked us more than he or she liked the other parent. This is the ego’s best traps to smother sexuality, relationship and success. Every one has these traps although they are always well hidden.Transference is our attempt to deal with this unfinished business so that we can finally heal and lay the family problems to rest. Wheat it does to our relationship, however is to kill romantic and sexual feelings for our partners as we transfer our feelings and attitudes towards our parent san siblings onto tour partners. This is a difficult step and it requires commitment and joining to see us through it. It helps to become aware of the things we might be burying in order to bring them to light and lay them to rest. Awareness and commitment, even when we least feel like it, paradoxically bring us through this step quickly and easily.The competition stepAt this stage, we use competition as a delaying tactic, in an attempt to protect ourselves from our fear. Competition stems from broken or inadequate bonding within our families. In our relationships, this leads to power struggles and then deadness and we withdraw ourselves to avoid defeat.Competition is a hidden issue in the dead zone. We attempt to prove that we are the best, we are right and we are important. This step marks the point at which we need to let this go. We realize that our partners and our interest are the same and neither of us has to sacrifice or lose in a relationship. We must transcend our competitive thoughts to join with our partners, which encourages an honest, balanced relationship in which we both blossom.The fear of next stepThis is defined by our fear of moving forward. W want to know what the step before us is before we move forward and we delay ourselves endlessly by trying to find out. Our fear might be based on losing our sense of control, giving up too much or taking a risk that might not work out.We often fear intimacy because we are afraid of what might happen when we give all of ourselves in a relationship. There is a certain comfort in knowing where we stand, even if we are unhappy in that place.It takes great courage, trust and confidence t o take the next step, but when it is rewarded, throughout joining with our partners, we will experience another short romance period and a burst of confidence. We move forward by joining with our partners at any stage of our relationship with creates a new level of intimacy. This is the point at which we realize that the fear of the next step has been the underlying issue in all the steps of power struggles and the dead zone. Finally our willingness and courage are rewarded and our flush of success carries over to all aspects of our lives, which we can greet with new confidence.The rock and swamp stepThis resembles the independent,- dependent step of the power struggle stage but there are several fundamental differences.We are playing roles here too, but they are based around different kinds of feelings. We feel deadness rather than pain at this step and there is no real question of balancing the needs of each other by playing opposite roles. Here, each partner feels he or she is better and that their ways and needs are more deserving than the other. There is a certain self righteousness involved.Rock figures are the heroic types who normally as children felt like they had to give up their lives to sacrifice for their families. They feel that they must do the same in their present relationships. They are the ‘designated givers’ of the relationships. They are typically romantic and generous. These feelings and needs of the rock are typically underplayed and suppressed and their soft bellies are always protected form anything that might expose them.Swamp figures are incredibly needy. They are likely to have feel unloved as children and these feelings are carried into adulthood. They need intimacy and constant confirmation of their specialness and importance. Swamps need to love intensively and continuously and despite the nest efforts of the rocks, they are typically unsatisfied by what they get. On the other hand, swamps are more in touch with their feelings and can educate the rocks about them if they do not become emotionally indulgent. This will heal the rock’s dissociation.The scenario is this: The rock brings everything their resources allow to the relationship, but it is never enough. The swamps become more hysterical and the rocks will pull away and become more stoical. Rocks feel overwhelmed by the needs of swamps and feel that if they venture into their territory, they will literally be swallowed up. Ultimately, swamps behave the way the do to hide deep neediness inside. They feel unworthy and unlovable and so demand more and more to try to right the imbalance they feel inside. Rocks behave the way they do because of guilt but they balance their feelings by over compensating, becoming frenzied givers. Now in the end can’t give enough and just give up.The answer is for rocks to give themselves to the relationships wholeheartedly. This usually begins with an apology.When the rock apologizes for how the swamp is feeling, the swamp feel recognized and loved. He or she feels she has been heard and that the giver is not giving out of habit or because it is expected but because he or she really cares.In return, swamp needs to give, instead of expecting, taking and complaining. Giving gifts, arranging special dinners, doing things the rock’s way for a change are some of the ways these can be achieved.Rocks to not expect to receive anything in return for their giving and so when it occurs, they are always touched deeply inside and a new level of intimacy and understanding is reached. With humour, joining and integration and commitment, we can heal the problems that lie beneath our behaviors and use this step to join with our partners to move forward together.The sick and self-abuse stageThis is the last step of the dead zone. But its symptoms may have appeared right at the start of the relationship. In this scenario, both are calling out and even competing for love in completely different ways.The sick partner may have been ill on off since the beginning of the relationship and so they use their ill health as an appeal of love, attention and the need to be taken care of.Being ill becomes part of their self-identity, and they are frightened to move on from this step because they are fearful of giving up such a big part of themselves.It is possible that for most parts of their lives, they were given the attention they craved by being unwell and they are normally unwilling to take the risk that they will be loved and taken care of as much as they wish if they are seen to be fit and well.Self-abusers don’t take care of themselves. But they hope, underneath their devil-may-care attitude, that someone will care for them, or make the care for themselves. Self-abusers are normally too busy, work too hard, eat too much, drink too much, play too hard and become injured. They choose not to take care of themselves as kind of a test to see if they can find someone who cares for them more than they do themselves. If someone loves them enough to stand up to them, although they might resist every step of the way, they will l feel worthy, values and able to care for themselves.Both behavior hide patterns of fear and the need for outside approval and self-hatred. Underneath it all, we believe we deserve to be punished or we are setting out to wreak a revenge on someone who has not given us the love, care that we deserve. By choosing to be ill or working ourselves to the point of oblivious, we are sending our a message that reads. ‘You will be sorry when you see the state I am in now”.Both of these behaviors are an attempt to accomplish our misguided strategy to attract love and attention. But they don’t work and they will NEVER bring us happiness.Healing can be achieve by integrating these opposite styles through joining, communication, forgiveness, self understanding and commitment, we ca n work through pain and fear to find everything we ever wanted in our relationships.

Goal Setting Success - 7 Steps to Getting Unstuck

By Valerie Hayes

So there you are, parked on the couch, feeling like it's time to make a change, making an abstract list of goals for a new you. You’re determined not to let opportunity pass you by, but honestly you’re feeling a little stuck. Here are seven simple steps to help you get unstuck and on the way to success.

1. Pick a goal you’re passionate about. Identify something that would make you happier or your life easier every single day. Maybe it’s something you’ve always dreamed of doing or something that really annoys you on a daily basis. If you’re really passionate about your resolution you’re more likely to stick to that goal for the long haul.

2. Take action today. Right now, absolutely right now, write down three actions you can take to help you meet your new goal. Taking immediate action will not only get you off the couch, but it will help you feel in control of your destiny.

3. Get yourself an expert. Find a coach, buy a book, research the Internet, get an instructional CD, or ask a friend. Find someone who knows more about the topic of your goal than you do and learn as much as you can. Information really is power.

4. Take baby steps. Often we are so anxious to get to our goal that we have unrealistic expectations. Most people overestimate what they can get done in a week, but underestimate what they can accomplish in a year. Break your goal down into baby steps and get started. Just like learning to walk, once you get your footing your confidence will increase and you will naturally gain speed.

5. Do your best impression of a tortoise. Not only should you take baby steps, but just keep taking them over, and over, and over. There are moments when you’ll be discouraged; hang in there. Always keep moving towards your goal. When it comes to getting unstuck, slow and steady really does win the race.

6. Keep your goals visible and visualize your goals. Write down you new goal and put it somewhere where you can see it on a regular basis. (I print my goals out in a caligraphy font and put them in a beautiful gold frame in my office.) Every time you read the note, visualize yourself in a specific situation having achieved your goal. Imagine how excited you will feel when you’ve finally arrived. It’s no coincidence that 90% of medal-winning Olympic athletes practice visualization of their goals. If it works for them, it can work for you too.

7. Surround yourself with a support network. Tell family and friends about your new goal. Make sure you only tell people that you think will be supportive, not “doomsday” friends. Successful people surround themselves with other successful people. It’s a positive cycle you can use to your advantage.

Okay, so back away from the computer, pry yourself off the chair, get started with #1 and just keep on going. Just keep on chipping away and don't stop until you've accomplished your goals and created your own personal vision of success!

Valerie Hayes is an entrepreneur who survived a corporate layoff by starting her own consulting practice using only cash on hand, her laptop computer, and readily available resources. Within two years she had matched her corporate salary, was writing for national magazines, and was featured on MTV. She accomplished all this while working a part-time schedule from her home office! Now she offers her simple strategies to others looking to create their own vision of success. Please visit her website at HayesSuccess.com.