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Spend Less, Owe Less, Live More

If you spend less than you take in, inexorably your debt will decrease

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Society conditions us to consume more than we need and to spend more than we make. However, this kind of lifestyle is a recipe for disaster. Taking back control of your finances can help you free up time and make you feel more in control of your life more of the time.

Think back to your high school and college history classes: can you recall a nation in the history of the earth that accumulated huge deficits over a prolonged period of time, lacked a concerted effort towards reducing these deficits, yet was able to sustain economic prosperity for its citizens?

Can a nation, in debt for trillions annually, or a person – namely you – consistently run up huge deficits and expect no consequences?  For decades, tens of millions of Americans have accumulated personal debt via credit cards, loans, and other forms of financing. It’s likely that you have some financial debts.

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Subtle Servitude

Sustained deficit spending eventually erodes your ability to prepare for the future, and worse, to capitalize on current opportunities. The more you owe, the more enslaved you are! In Consumerism, Dr. Judith Schor notes that you’ve likely been taught to consume more than you need.

Right now, how would it feel if all your credit cards were paid off? How would it feel if you paid your monthly rent or mortgage several months in advance? How would it feel if your car loan was paid off? How would it feel if you were actually able to pay some of your utility bills for months in advance? For most people it would feel great. You’d feel in control of your time.

We all know the arguments about losing the (minuscule) amount of interest you could have earned if you let your money sit in the bank instead of paying the electric bill three months in advance. Ah, but wait. A month after you’ve paid your electric bill three months in advance, you receive the next month’s bill. Guess what? It shows that you have a huge credit and that nothing is due – you’ll smile when you see these kinds of bills!

A Moratorium on Spending

To reduce your personal debts, place a moratorium on optional spending, regardless of what items entice you, until your credit cards have zero balances.

Paying for material things which you don’t need, and certainly don’t save your time, might be satisfying, but ultimately can be draining.

Here are some strategies and tactics for controlling your checkbook, and hence reclaiming your life:

1. Write out checks to pay bills in advance of their due dates. Then, keep an advance file with a folder for each day of the month. Place the check in a sealed, addressed, and stamped envelope. Then put the envelope in the folder of the day it’s to be mailed. This way the money is allocated in advance in your checkbook, and your bills are paid on time. If your checking account pays interest, you don’t lose interest.

2. Occasionally, overpay the balance on your continuing accounts, or pay early. This gives you the aforementioned psychological boost when you see a credit on your next statement, and gives you a good reputation with your creditors, which is handy!

3. Keep a stick-on note in your checkbook for an immediate reference that lists what’s coming in this month and what needs to be paid. This provides you with a running mini-cash flow list to which you can refer at will. Update it weekly, or daily, if needed.

4. Review old checkbooks and see what you paid to whom for what. Do the same thing with your monthly credit card statements. Put a red mark next to all those expenditures that you didn’t need to make, or that you could have done without after further consideration.

5. Now, considering expenditures on the horizon, which ones can you do without?

Spend Less, Save More

As author Roger Dawson says, “It doesn’t matter how much money you’re making; if you’re spending more than you take in each month, you’re headed for trouble.” If you spend less than you take in, your debt will decrease, even if only a little at a time, and one day perhaps  disappear.

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Jeff Davidson is the world's only holder of the title "The Work-Life Balance Expert®" as awarded by the U.S. Patent and Trademark Office. He is the premier thought leader on work-life balance, integration, and harmony. Jeff speaks to organizations that seek to enhance their overall productivity by improving the effectiveness of their people. He is the author of Breathing Space, Simpler Living, Dial it Down, and Everyday Project Management. Visit www.BreathingSpace.com for more information on Jeff's keynote speeches and seminars, including: Managing the Pace with Grace® * Achieving Work-Life Balance™ * Managing Information and Communication Overload®



 
 
 

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Family

More Breathing Space Tips for January

Time flies, but you can stay in control

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A week of the new year and of the new month has passed. What other Breathing Space tips will help give you a sense of control?

[ ] On each trip to the supermarket, shop for at least two food items that are new to you or your family.

[ ] Eat in-season fruits that are high in citrus and bioflavonoids, such as oranges, grapefruit, and tangerines. You need your Vitamin C in the winter! Also, take a multivitamin.

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[ ] Tackle all household repair jobs before spring. Handle one project per week.

[ ] If the roads are clear, take one new route from work each week.

[ ] Enroll in a course at your local college, and take advantage of mid-afternoon or evening time slots. Most evening classes are smaller, allowing for more class discussion and individual attention.

[ ] Take advantage of all the post-holiday bargains. Buy in bulk and buy off-season items when the price is right.

[ ] Go ahead and schedule that spa treatment you’ve been wanting to take.

[ ] Give your body a treat, go to sleep early at least one night per week.

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Faith

Three Cheers for Christian America

Thank you for safeguarding the public and private expressions of others

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Considering all the nations in the world and the dominating religions within those nations, Christianity is the most beneficial. When Christians are in the majority, it is good for everyone who resides there.

Christians during the Dark Ages, the Renaissance, and up to the mid-20th century contributed to much of the world’s turmoil. In recent decades, however, they have been the most accommodating, accepting, and peaceful group. I’m glad I live in a Christian nation and, given the options globally, would not have it any other way.

Best of the Best

Particularly in America, Christians today are tolerant, acknowledging the rights of others. They recognize the right of Israel to exist. They fully embrace Israel’s strategic role in the Middle East.

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Too many people on the left who regard themselves as the arbiters of what is right and true, in minor and major ways have been persecuting Christians for decades. They do not want public displays of Christianity anywhere in America. Their agenda is to remove all vestiges of religion in America. They contend that America would be a better, more egalitarian nation.

Just the opposite is true. Those who want to stamp out religion in America don’t understand that our origins and 250-year history is based on Judeo-Christian principles. The cancel culture left seek to reject the U.S. Constitution out-of-hand.

We have encountered leftist groups who shatter statues and historic symbols they deem to be oppressive and part of an old regime that was illegitimate from the outset. Many of these perpetrators hide behind ski masks while regarding themselves as heroes. In reality, they are fascists, seeking to control us.

Leftist enforcers have no idea how intolerant they are and that they are no better than those they seek to diminish. In the U.S., people of all faiths are free to celebrate their faith. If one particular faith, Christianity, was predominant from inception, to today, that does not preclude other religious groups from celebrating.

Congress: Hands Off

Leftists make erroneous statements about the “separation of church and state.” The phrase simply is not contained in the Constitution or any founding document. It appeared in a letter that President Thomas Jefferson sent to a Baptist congregation in Danbury, Connecticut. His note to them was designed to reaffirm that the government would not make dictates related to the church.

The First Amendment to the Constitution states, “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.” So, when it comes to religion, Congress must keep its hand off.

As a nonreligious person, I have nothing against seeing a religious display on public or private property. Indeed, America shorn of religious symbology would be a dismal place. The Ten Commandments on a public plaque? Fine. Christmas trees in the town square? Flip on the lights! A mosque being built in America? Why not?

As long as everyone is tolerant of other religions, such developments represent no threat to anyone. It is those who operate in secret who represent a threat, as are those who wish to vanquish the rights of others to publicly exhibit symbology.

The Option to Sing Along

When I attended grammar school, I was exposed to the annual Christmas pageant. I had the choice to skip the assembly. In each case, however, I chose to enjoy the merriment of the festivities, but not sing along. My young classmates did not require me to capitulate. Nor did I expect them to modify their festival to accommodate me. Would any aware American who moved to another country expect that country to diminish their celebrations to accommodate the newbie?

I’ve had the opportunity to visit 46 of the 50 states, and 73 countries. I have walked through hallowed halls of shrines, mosques, churches, and ashrams. While Christians are being persecuted in many countries around the world, I don’t know of a single instance today where people feel unsafe in a Christian majority country.

So, I say to you, if you are a Christian, in America, please know that large numbers of us support your right to practice your religion.

For All You Do

Thank you for safeguarding the public and private expressions of others. Thank you for helping to establish a climate where non-Christians and others can feel welcome. Thank you for becoming a peaceful, tolerant religion that rightfully serves as a model for others around the globe.

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