The Nasty Money Lie Your Parents Told You
Generating Wealth

The Nasty Money Lie Your Parents Told You

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Being Broke Is Not Fun
Performance & Productivity, Personal Development

5 Ways To Stop Being Absolutely Broke

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I'd love to say all of these are my ideas, but they are not. They are the result of someone asking the question "Has anyone ever been able to go from absolutely broke to making a comfortable living". It was asked on Reddit and I've read every single answer to find the best ones.

I was living in my car...

I was living in my car when someone broke my window and took all my clothes. I'm making a little over $100k now, but this is 15 years later.

I had no credit, but some how was approved at Target for a $200 store credit card. I used that to buy shoes/clothes, and went on to job interviews. Landed a job working at a 24 hr call center overnight for some insurance company. I put allot of overtime, and started with the basics. (I never paid the store credit card, but I did go to a junk yard to get a new car window)

Started a bank account for direct deposit on my pay, used my first $250 for an apartment. (Shitty studio, with no bedroom) had no furniture except for what other tenants thru away. Started 1 class of community college a semester, added more as i could afford to pay them in cash. Took 4 years to finish an associates degree with a focus of study in business. Landed a better job, continued to a 4 year degree... and just kept bettering my skills and resume. (Government Grants, not loans)

I own my own home, have a fully paid car, and live a comfortable life now. I was lucky enough to not ever need a hospital. Luck and planing... don't live a wistful life, use every little thing you have to its fullest.

(I still eat ramen every now and then)

Don't live a wistful life, use every little thing you have to its fullest.

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Dead broke at 21...

Dead broke at 21, lowest credit score possible, no car because repossessed, no license because suspended for non payment of speeding tickets. Homeless, sneaking into girlfriends house to sleep.


Spent my days at the library when my gf worked, reading about great people, changing your life, etc. Used their computers and internet to send or print free resumes. Got into the only, yet likely best occupation that will take a person like that and offer real opportunity for a hard worker, commissioned sales.


Sucked for weeks, awkward, stuttering, not knowing the product well. To be completely honest I cried the first two days I came home, for the first time since I was a child. Just felt hopeless and a huge failure, but I resisted the urge to no show and went to work the following day and the day after.

Each week I got better, started making sales, within 6 months I was pulling in $2000+ weekly commissions.

I just outworked everyone else, I came in early 6am to make calls overseas, stayed late to make calls on the west coast, answered emails at home.

I left within the first year to start my own company, I had learned exactly what the company was doing and realized I could offer the same services. It wasn't easy, but it's 15 years later and I employ 17 people, I earn all different amounts as the owner but never under $600,000 and on good years quite a bit more.


I was a fuck up my whole life OP, took an extra year to get out of high school, no college, destroyed any credit line given to me, quit jobs for no reason, or just not show up because I was tired.


You can wake up a year from now in a completely different life. You might have to jump around to a few opportunities, but keep your expenses dirt cheap, game plan, exploit any advantage to save money safely as in don't live in a crack den, but a trailer is fine.
You sound like you have good self control, which is more than I had, and it took me many years to get my impulses under control.

You can wake up a year from now in a completely different life

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I was hopeless and desperate...

I sold everything I owned, left the state where I used to live with $600 to my name (about to be evicted, and $30000 in debt), in a 12 year old car with expired plates, a wonky transmission, and a bad u-joint, drove halfway across the country to move in with my brother and his wife and their kids, with no prospects and no idea what I was going to do. I was hopeless and desperate, a complete failure at 40 years old. I looked for work for a few months as I taught myself to code, and finally got a contract job for six months, which was extended, and finally after 18 months was offered a full time job. I moved into an apartment. It's seven years later, my debts are paid, I'm at a different (better) job, making $90k a year, and my gf and I are buying a house. I had no hope and no prospects seven years ago. It slowly got better by taking a chance, working hard and having good people around me that I could rely on. Don't give up.

It slowly got better by taking a chance, working hard, and having good people around me that I could rely on.

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It's a lot of work and not hanging out with friends...

Started learning programming on YouTube at 18 while working retail and totally broke, $40k programming job at 19, $50k at 20, $90k at 21, $110k at 23, $120k at 25. Own a house and all that jazz. Programming is one of the few things I see a lot of nerds getting 6 figure salaries without a degree. Echoing what everyone else has said, it's a lot of work and not hanging out with friends, but worth it. I'm definitely happy with my current lifestyle, keep your head up.

Programming is one of the few things where I see a lot of nerds getting 6 figures without a degree

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Got kicked out, dropped out of school..

Yep. 2 years ago, I was a broke college student living with family. Got kicked out, dropped out of school, and started jockeying for more hours at my almost-minimum wage job. Today, I make about 50k, and I still work for the same employer. I'm not a rags-to-riches story like others in this thread, but I just bought my first house, I'm financially secure, and I live pretty comfortably. Granted, I'm a single guy with no kids, but I'm sure you could live comfortably on that kind of money too. Here's what I did:


I bettered myself. On my own time, and sometimes with my own money, I got certified as a wine sommelier, a forklift operator, and got my CPR/AED/First Aid certifications. When promotion time came around, I wrote an eloquent letter of interest highlighting not only my unique skill set, but also my initiative in acquiring said skills without being prompted to do so. Don't think that going back to school is the only way to educate yourself. Find something that provides incontrovertible proof that you're going to work your ass off to keep getting better at what you do if they pick you for that promotion.


I took an interest in general leadership. I had no formal management experience, but when a management position opened up, I highlighted my experience with student government in college and being an NCO of Marines.


I worked on my credit. Gained 80 points in 2 years, paid off some collections, kept my nose clean. You need to take care of that shit with your mom. She screwed you by kicking you out and endangered her grandchild's future... so if I were you, I'd start prioritizing your kid over your mom. When your credit is dogshit, the first step to improving it is having some awkward conversations with your creditors. That's part of being a man, I'm afraid.


I kept living like a broke college student even after getting pay raises. I highly recommend subscribing to /r/frugal and /r/MealPrepSunday for some inspiration on how to live simply and economically. Also: buy a slow cooker. It will pay for itself many, many times over even within the first year you have it.


I kept applying for jobs I didn't think I could get. They kept giving them to me anyway. I worked hard on my letter, I prepped for the interview... and sometimes, other people didn't bother applying and I didn't have much competition. You don't have to be the perfect applicant, you just have to be the best one who bothered to put themselves out there.

Don't think that going back to school is the only way to educate yourself. Find something that provides incontrovertible proof that you're going to work your ass off to keep getting better at what you do.

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If you want to read every response you can find the entire thread at:

https://www.reddit.com/r/personalfinance/comments/7ncjrz/has_anyone_ever_been_able_to_go_from_absolutely

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From zero to 17000 a month
Generating Wealth

How I went from $0 to $17K/Month in 12 months

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This article is reprinted in full with permission from the original author Colin. I kept all images and links intact. I originally read this over on Reddit and thought it was a great example of how to build an internet business strictly based on great content and low cost advertising. Note that this is not a “How To Make Money Fast” post. Colin busted his chops for 12 months to get his “overnight success”. Read, learn, take notes and please help us and Colin out by sharing this all over social media – Patrick

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Changing Jobs - Be Prepared for these pitfalls
Generating Wealth, Performance & Productivity, Personal Development

Upcoming Job Transition? Don’t Mess Up These Three Areas

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On average, we will change jobs 11 times by the time we turn 50 according to the United States Department of Labor. Much of the job-hopping is early in our lives, but even in our forties we change jobs twice.  Going through a job transition can be difficult. There are three areas to plan for during a job transition, Money, Time, and Stress. Every job transition is unique, so the goal of this article is to highlight ideas for you to consider to make your transition as positive as possible.

Plan for the increase (or the decrease) in salary

Everyone knows they should have a budget. I have a budget, but in real life my budget is a guideline, some months are worse than others. When dealing with a job change a budget has to be more than a guideline. If you are in the situation of trying to find a new position, your finances will be stressed. Planning ahead, six months at least, can help prepare you for that transition.

What if you are getting promoted or have found a higher paying position?  You might think Money doesn’t factor in, but it does. If you don’t plan for the increase in pay, you will find yourself wasting money when you could be using that money to benefit your financial goals. Can a debt be paid off sooner? You can save for a future purchase. Having an increase in salary can benefit more than just your monthly take home pay; don’t waste the opportunity.

Factor in the changes to your time/schedule

Every day has exactly the same amount of time; it is our life that is hard to balance in those 24 hours. The two main areas that take up our time are job and family. A job transition will challenge this balance.

Again, you might think having a promotion or moving to a better position has no affect on this dynamic, but it does, especially at the beginning of your new position. There is always a learning curve with a new position. It takes time to get into the groove of a new job. Also, new positions create new expectations to your routine. It might be something as simple as what time you are expected to begin your workday. This changes your routine. Being aware of the time commitment at the beginning of your new position and the other time factors of your job will help in dealing with balancing the rest of your life outside of work.

Be aware of friendship changes… and stress

The other two factors play a role in your stress level. If you plan ahead with for those, it will help keep your stress in check.  But there are other factors that can affect your stress you might not have considered.

One of the great aspects of life is our friendships. A job transition will change these relationships. A promotion may make you the supervisor of your friends. Changing a position will mean developing new relationships, but also it will make sustaining relationships with coworkers from your other position difficult. Your social circle will change with your job.

Our jobs or careers usually reflect our personal goals.  Many times changing a job means we are moving toward achieving our goals. This gives us a boost to handle different challenges because we are accomplishing our dreams. Sometimes, though, a job transition reflects a hurdle to our goals. Or challenges us to reconsider our dreams. This can be a difficult time of self-reflection. A job transition can be a time to evaluate our personal goals.

Preparing for a job transition is important. Each transition is unique, but keeping in mind time, money, and stress will help you make the move easier.


True leader, Husband, Father, Coach & Professor Hamey Bowelhower
Husband, Father, Coach & Professor Jamey Boelhower

Who is Jamey Boelhower

Jamey Boelhower is a husband and a father of six, TIS, coach, and teacher for Sandy Creek high school in Nebraska. He is also an adjunct professor for CCC Hastings. You can read his regular blog “It Is All Connected” by clicking here. And you can follow him on twitter at @jdog90

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You Can Have This House. All It Takes Is Work.
Generating Wealth

Do You Get Jealous of Successful People ?

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Are you ever browsing the internet looking for ways to be more successful and more motivated ? Every now and again you’ll stumble upon the blog of a person that is living the life you want to live. They look like they are famous. They talk about their money or other assets. They have a huge social media following. They are loved and adored by all of their fans. And you are 100% sure that they are relaxing in their 10,000 square foot house house drinking top grade alcohol while floating in their pool.

I’ve heard friends say that they encounter this often. And it is depressing. It is depressing to think that so many other people in the world that are doing so much better than you are. It can be almost painful at times to see that somebody else has no problem buying food. Or making their mortgage payment. Our putting clothes on their kid’s backs. If you go to the extreme you might be one of those people who have an extreme hatred for successful people. Why do they deserve to get everything? You are the one working two jobs and your lights still get cut off  every now and then.

If you ever feel yourself getting angry when you see somebody else’s life I want you to remember this list:

  1. You don’t know that person’s history/backstory. They may have been through more hell than you can imagine before they “made it”. Some of the most successful people have been in jail, gone bankrupt multiple times, lost limbs, and have been through multiple divorces. You just never know.
  2. Anybody on the internet can portray anything. That person with the 10,000 square foot house could be in the middle of a foreclosure. You just never know.
  3. Every second you spend focusing on somebody else’s money is one less second focusing on generating money for yourself. That is one of the reasons I spend a lot of time talking about time management on this blog.
  4. There is no shortage of success and money. If you want it bad enough you will bust your ass to get it. No amount of jealousy or whining will pay your bills.

Pay close attention to #3. The more time you spend on #3 the less time you have to spend on #4. If you are frustrated with your lot in life, then stop wishing for something better and  stop watching other people have what you want. Just go do it yourself.

Now get off of the internet and figure out how to generate your own personal fortune.

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Attitude Adjustment

Life Is A Game Of Inches. Are You Willing To Fight For Them?

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This is a great reminder that we succeed and fail by the small steps we take every day, not by the big ones. The inches that we fight for are how we win. Enjoy the video and the transcript of the speech below the video.

I don’t know what to say really.
Three minutes
to the biggest battle of our professional lives
all comes down to today.

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