Prosperity Tip: 6 Ways to Simplify and Prosper
An increasing number of people are taking a major step and scaling back their lives in order to have more time for themselves and to discover activities and relationships that make their lives meaningful. Although it would appear that they are giving up material comforts, they are, in fact, letting go of the burdens and responsibilities that often accompany acquisitions.
People who opt for a simpler life, often experience feelings of freedom and satisfaction that they never had when owning more and more was their goal. They become conscious consumers who make carefully considered purchases that add value to their lives.
If you are feeling the urge to simplify, here are some steps you can take:
1. Take a look at your life and ask yourself how much of your time and effort is being spent in the pursuit of material success? How many hours do you have to work each week in order to pay for the basic upkeep of your lifestyle? Continue reading
Live Fear Free in the New Economy
- Are you scared because of your financial situation?
- Is your job or business income threatened by current financial conditions?
- Do you wonder what has happened to the American dream?
- Would you like to move beyond your fear and experience financial peace of mind?
Join me on Auguest 24th for a new teleclass where you can learn the skills you need to thrive and prosper in these tough economic times.
Living Fear Free in the New Economy
A 90-Minute Teleclass with Joan Sotkin
August 24 – Noon Pacific, 3 PM Eastern
Listen on the phone, on the Web or download the recording. A transcript will be available along with other goodies.
Join me for this interactive teleclass and learn:
- The simple techniques to move through your fear and emerge in a solid financial position
- How to make fear a creative rather than destructive force so you can move on with your life
- The main steps you need to take to live fear free in the new economy
- How to discover marketable talents you have that you never realized could support you
- Techniques for activating your inner power so you build a realistic and secure future
If you are ready for a stress-free, fear-free life, read more about this teleclass at http://LiveFearFreeNow.com
Prosperity Tip: Is Fear Your Default Emotion?
Recently someone asked me why I didn’t include fear in my book Build Your Money Muscles as one of the basic emotions that people act out through their money. I explained that fear is the cover-up emotion, the emotion that people default to when they are unsure of themselves and their future.
Fear is often used as an excuse for not moving forward. Yet those who are willing to work through their fear and risk what might seem like failure are the people who are most successful.
Fear in the Current Economy
There’s no doubt about the fact that we are living in uncertain times. The recession, unemployment, foreclosures,
lack of available credit, and debt problems in Europe all add to an environment of uncertainty.
Even though large companies are earning healthy profits, the uncertainty is keeping them from adding jobs or making big investments. Instead of hiring people, companies are buying machines that allow them to replace people. Continue reading
Prosperity Tip: 5 Ways of Dealing with the Chaos of Change
Recently a woman was recounting her experience of going from having very little to being able to buy a house, something she thought would be impossible. “Before everything turned around,” she said, “my whole life fell apart and I thought I’d never recover.”
What she didn’t understand at the time was the life-falling-apart experience was an essential element on her path to prosperity. People don’t realize that in order to alter their lives significantly, there is often a period where the old crumbles in order to make way for the new.
That’s what’s happening in the world right now. We are going through a major transition that is causing lots of chaos as the old is replaced by a new paradigm. Continue reading
Prosperity Tip: Acceptance
Years ago, when I was attending a number of 12-Step programs, I learned the Serenity Prayer and repeated it often. The Serenity Prayer states:
God grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference.
Let’s look at the phrase, “accept the things I cannot change.”
During these tumultuous times acceptance can be an antidote to fear. Acceptance allows you to find solutions to your problems and to experience peace of mind, no matter what is going on the world. Non-acceptance leads to dissatisfaction and many forms of emotional discomfort as well as poor financial decisions. Continue reading
Prosperity Tip: No Excuses!
People often tell me why they aren’t able to make “enough” money. The most common include:
- I have a low self-image
- My needs weren’t met as a child
- What I did was never enough for my father
- I’m not very good with money (or numbers)
- I don’t know enough about marketing
- I feel pushy if I’m trying to sell someone my products or service
- Actually, the list could go on and on.
Here’s a fact: every one of the reasons given is an excuse for not moving forward. And everything listed above can be altered with conscious intention and effort — effort being the operative word. Continue reading
A New Definition of Prosperity
Not that long ago it seemed rational to have material wealth as a measure of prosperity. People who promoted methods for manifesting prosperity, such as the Law of Attraction, used images of material wealth as the goal. The ultimate was a large home filled with the latest gadgets touted as necessary for one’s comfort.
Lots of people bought into this dream, often making purchases far beyond their financial means. The economy seemed to flourish as consumers, on whom our economy depends, acted as if they were rich when they weren’t.
When the economy tanked, people were left with lots of stuff coupled with burdensome debt. Many lost their jobs and had no cushion to fall back on.
Now, there is an effort to pull us out of the recession by stimulating consumer spending, as if our acquisition of material goods is what we all need to bring our economy back to health. At the same time, there is lots of talk about creating jobs, even though the majority of the manufacturing jobs that might produce the goods used by consumers have been shipped to other countries. None of this makes sense to me.
What does make sense is the new push for frugality and savings that many people are buying into. It no longer seems like “scarcity thinking” to live below one’s means while creating a financial safety net.
The Time Has Come. . .
It’s time to create a new definition of prosperity, one based not on individual material wealth, but on the health and well-being of society and how all of us interact with each other. A definition of prosperity would include a measure of peace of mind, the kind that comes from living within your means and having a financial cushion. Continue reading
Five Keys to Prospering in the Emerging Economy
The many changes occurring in our economic foundation require a new focus and discipline for you to thrive and prosper. Here are five keys that I consider essential.
- Pay close attention to your finances. During difficult or transitional times knowing exactly where you stand financially and keeping up-to-date financial records are essential for strategizing and making rational financial decisions.
- Stay tuned to financial news. You will benefit from following stories and commentary about the financial sector and becoming more literate about the financial world. This requires knowing much more than just the movement of the stock market, which is a limited view of financial trends. Continue reading
Moving Forward, No Matter What!
With everything that is going on in the world, it sometimes feels to me as if the world is falling apart. The news stories often contain phrases such as “the biggest,” “the worst since,” and “never seen before.”
Yet despite what is going on in the world, each of us has to continue performing our day-to-day tasks for our business ventures or jobs. Few of us can just sit back and wait for it all to pass, especially since it would seem that it’s not going to pass.
Uncertainty prevails.
There are times when I just want to surf the Net, go for a nice long walk, or even hide under the covers. On some days, I find it hard to focus on the task at hand.
Finding the Silver Lining
Each day, new data is released in the United States that deepens the gloom and doom surrounding the current “economic recovery.” In the past week we have learned:
- Job openings are at a record low — there are 50% fewer than in 2007
- More homeowners are struggling as option ARMs reset higher
- Approximately one-third of all mortgage holders have a loan balance that’s higher than the current value of their home
- Cities and states are still struggling to find ways to balance their budgets
- People are using far less credit and are saving more, which is great for them, but slows the economy which depends on consumer spending
- Although the unemployment rate is 10%, the number of people who are either unemployed, underemployed, or have given up looking reaches more than 17% of the working-age population
- Qualified people who are finding work are often accepting lower salaries than they earned before they were laid off.
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