One of our superannuation statement arrived yesterday. It has dropped even further, from $80,000 down to $65,000 in the last 6 months. When I started this blog it was at approximately $120,000. We now have less money left than what we ourselves have invested. Our other fund is now valued at only $21,000. It used to be over $40,000.
Retirement funds still dropping.
Posted at 3:37 AM | Labels: Retirment | 6 Comments
Are you living an illusion to impress people?
Yesterday when I arrived home from a short trip the car was leaking water and making a few gurgling sounds. DH spent some time under the bonnet and it seems that my plan to buy a new (for me) vehicle may need to be speeded up! A rough estimate is that it is going to cost approx $1200+ to fix the car! It would be fine for short trips for a while but since I work out of town each week it needs to be done. The 'crash' we had did more damage than we thought.Posted at 5:32 AM | Labels: Budget, Business, Cars | 8 Comments
That empy nest is getting closer!
As you know DD was laid off just before Christmas, on her birthday actually, and so she decided to look for work interstate. She only applied for one position, the one she really wants and yesterday they rang for a phone interview! She has to go inperson next week for another interview for the position!!! Posted at 7:52 AM | Labels: Family | 4 Comments
Just an update...
Posted at 9:11 AM | | 3 Comments
Early to rise...
- Added my new consulting site to several free web directories to start building backlinks.
- Emailed an ezine author about advertising
- Wrote some of articles to submit to directories
- Set up and a new email account which I can encrypt if needed
- Researched relevant forums for topics related to my niche
- Set up google alerts on the topic.
Work is good, it's busy but I am not seeing as many people as last year. I suppose I am more confident that the income will keep coming and I need to slow down a bit from the long hours.
My ebay money came through, $197 total! I'm really pleased with that!
So tommorrow I had already kept the morning free of clients so I can watch all the celebrations in the US. It's an exciting time! So many people here are commenting on their renewed hope for positive change. It's nice to hear people talking positively about politics!
... I'm off to bed now so I can get up again in a few hours...
Posted at 8:31 PM | Labels: Business, Earn Money | 1 Comments
Website for online consulting is done!
I had a really productive day today! It was very satisfying. I have finished setting up the website for online consulting. It's nice and simple and ready to go. The next step in promoting the website and getting traffic to it, I think it will take a little while for it to build up and I have set a limit on the number of clients I will accept online. Sorry I can't share it with you, it's just six pages outlining my services and prices and then the payment pages. I also wrote some articles to drive traffic to it. Total cost: $10 for the site name.
Just as a matter of interest, I was on the Warrior forum today and saw a warning about the very comment that I have been spammed with there. This is the comment in full :
Posted at 6:46 PM | Labels: Internet marketing, Make Money Online | 1 Comments
How to win (pf) friends & influence people. NOT!
Regular Readers :) Please consider this post a 'break from regular programming' and not directed at any of you at allObviously you think I'm stupid enough to post all these wonderful 'new reader' comments and you'll get a free PR 4 back link for who ever is paying you to spam me with this b/s.
I can't believe how much of this I'm getting! My guess is that someone has recently been promoting this a a great way to get back links and given all their list an example comment which is being done to death! ... at least on this blog...
... or maybe it's a new year link building exercise gone wrong..
.. or maybe my blog is on an example list somewhere...
... and while I'm at it I might as well give a friendly shout out to all the other people trying to post their insurance, credit card, payday loans sites in a post in a link disguised as a post, you could save yourself a few valuable minutes, and avoid losing the 10 - 15 cents you are getting paid by reading the post box which tells you that I won't post comments with links in them, and yes, I do actually check on where the name links too before I decide whether you get published or not :)
strange as it may seem I set up this blog to communicate with 'real' people with original thoughts and it has great search engine results for a lot of popular keywords because I earn them, by legitimate means...
I really enjoy 'talking' with readers by comments and emails, the pf blogging world has been very good to me and I'm happy to hear genuine comments from readers, but I'm really tired having to wade through the same one comment over and over every day. I've got a bad case of deja vu with this one comment
Note to my regular readers: Sorry for the interruption to the service. Normal programming will resume now. I just needed to get that off my chest. So to end on a cheerful note here's a very funny video of Tyra spoofing Beyonces Deja Vu!
Posted at 5:20 AM | | 6 Comments
It's all good!
I love online banking! I've been back at work for a week so money is coming in and I can start reducing debt again. I just made a $1000 payment off The Last Credit Card Ever with the click of a button, it's a really good feeling :)
Posted at 3:37 PM | Labels: credit cards, Make Money Online | 4 Comments
Self Employment Coaching
I'm working with a couple of self employed businessmen to improve their business management, and work life balance, We meet every three weeks. It's basically a coaching group for self employed guys who feel as if they are stuck in a rut. I've just got home from seeing them and I thought I'd share some of it with you.
We had our first session before Christmas. Not surprisingly I got them to do the values and wheel of life exercises. All felt that their home life, their friendships and their health suffered as a result of the demands of their work. Then we did some brainstorming on how to identify the inefficiencies in their businesses.
So their tasks were to try and redress the work life balance in a small, way, to say no to something they normally wouldn't say no to (most of us who are self employed tend to be workaholics!) and to identify in more detail the time& money wasting in their business and possible solutions.
I am always excited and pleasantly surprised at how much people can achieve given a bit of encouragement and some good information! In the last three weeks all had made big changes. One had taken a fishing trip away with a friend, taken his teenage son to a sporting event in Sydney and and turned down a job that he would usually have done on the weekends. Needless to say his family are pleased!
Another guy terminated an employee after finally accepting that being 'nice guy' and carrying an unproductive employee when you can't afford it is not OK! It just makes you resentful, you lose money and then you struggle to pay the bills yourself which creates tension at home. He feels so much better since he made the decision and wonders why it seemed so hard to do.
Businessman number three shocked me the most, he has enrolled in a business class so he can expand his business. He hasn't been to school for over 20 years. He's been carrying around a truck load of resentment about his wife's new career which was really not about her at all. It was much easier to blame her for all his misery instead of taking a risk and getting on with his own business dreams. He whole attitude has changed and he's starting to believe it IS possible! He wants to change his business focus and coverage.
Guy number four has never employed anyone and he started interviewing people to employ. One to help with the work and one to help with the book work and finances. His wife is relieved! She hates doing the paperwork but has felt obligated. Once they both admitted what they did and didn't like and we focused on what their business strengths were, she was free to 'quit' and he was free to pay someone else to do the manual labour so he can focus on management and business growth, which are his strengths.
Tonight our session was on finances and budgeting for self employed. We all struggle with this and most admitted that they did not keep a close enough eye on the financial side. All use credit cards to meet cash flow problems which is very concerning. All live pretty good lives in terms of 'stuff' nice cars, boats, 'boys toys'. None really could tell me about the household expenses which they leave to their partners. There was a general feeling of 'it works out in the end' and just borrowing from somewhere when needed. Three have high debt but didn't know the interest rate or payment.
So they were a bit shocked when I wrote up on the board all the financial information they need to find to be able to do a budget. All the basics of expenses, cash flow required, outstanding invoices, debt on the business, repayments, wages, retirement savings, insurances, emergency funds etc. We will get down to the nitty gritty of it next time. In addition to finding this information their homework this time includes sitting down and having a conversation with their spouses about the household budget and finding out the impact of their overwork on their spouse.
They are a great bunch of blokes and I think they are going to really make some big changes before we are finished!
Here are some good links to articles on self employment, business planning & budgeting.
Posted at 7:57 PM | Labels: Budgeting Tools, Business | 3 Comments
Simplicity in the face of the empty nest
I spent the weekend sorting out things to list on eBay. It feels like I am decluttering with a different view on things now, a different purpose. I am finding it so much easier to let go of things than I used to. It's also tied into moving into another phase in life I guess.As you simplify your life, the laws of the universe will be simpler;
solitude will not be solitude, poverty will not be poverty, nor weakness weakness.
Henry David Thoreau
Posted at 5:59 AM | Labels: Simple Living | 4 Comments
The Last Credit Card Ever & eBay plans
It's been a busy few days, but the best part was that I have paid $800 off 'The Last Credit Card Ever' this week. I made $330 in affiliate payments last week from one of my niche sites and I plan on paying that off the debt as soon as the transfer from pay pal clears.
Posted at 5:49 PM | Labels: credit cards | 9 Comments
Car Repairs Savings
Good news on the car repairs! We were able to get it repaired for just under $370! We bought replacement parts from the wreckers who reduced the price by $100 if we paid cash. So it's worth ringing around and negotiating with them to get the best deal. DH and his friend spent all day yesterday working on the car to get it fixed.
Posted at 4:06 AM | Labels: budget buster, work | 7 Comments
Budget Beater Meals: Spinach
These amounts are to cook for one person.
6-8 leaves & stalks of spinach washed and chopped
olive oil
1 stalk of celery finely sliced
1 rasher of bacon chopped
Posted at 7:47 AM | Labels: Budget Beater Meals | 3 Comments
Creating a Vision Board
So don't be afraid to dream of working at the job you love one day. It happens and it happens to ordinairy people like us, with kids, and mortgages, and bills to pay.
"If one advances confidently in the direction of his dreams, and endeavors to live the life which he has imagined, he will meet with success unexpected in common hours."
Henry David Thoreau
Posted at 8:31 AM | Labels: Goal setting | 7 Comments
Yesterday I said I would buy a new car in 2009..
... this morning I had a minor car accident when DH backed into me. The whole front of the car is damaged, the front bonnet and the radiator need replacing and the front of the car need repairing . But no one was hurt which is the main thing.
Posted at 5:14 PM | Labels: Budget, Cars | 11 Comments
Progress Report #18
- the balance transfer is done: 6 months 0% interest
- health tests all clear, started with naturopath yesterday
- the holiday has done me the world of good!
- arranging coaching to set up online consulting for my business
- negotiated a $100 month rent reduction for business office
The Bad
- DD lost her job and is thinking of moving interstate
- no payments for debt reduction this month
The Ugly
- Alzheimer's: my Dad does not recognize me in person or in a photo anymore. He is only 71
I haven't paid anything extra of my debts this month due to taking the few weeks off. I'm still getting used to being self employed and having no regular paycheck so I decided to just leave the money sitting in my business account over the break instead of paying it off debt. I should be able to pay a nice chunk of 'the last credit card ever' later this month.
January To Do List
- set up new office & move all files from home into the office
- bid for three new contracts
- set up website for online consulting
- list 4 items a week on ebay- all money to cc debt
- change home office area into 'home art studio area'
- finish planting garden bed under fruit trees
- read two books (non work related)
- cancel old credit cards
"We will open the book. Its pages are blank. We are going to put words on them ourselves. The book is called Opportunity and its first chapter is New Year's Day."
Edith Lovejoy Pierce
Posted at 5:47 AM | Labels: Progress Report | 7 Comments

