MONEY - SAVING - CHALLENGE!
How long does it take to form or change a habit? I have no idea - I just wish that there was a magic wand or potion that could make me instantly develop good habits. I would drink a language cocktail so that I could speak Spanish fluently, and a double exercise cocktail so that I could have a beautiful flat stomach. Since there are no magic potions it will be necessary for us to take a leap of faith and depend on ourselves. I need volunteers to participate in the challenge (I am looking for my Miller Homes family from New Jersey to participate!) If you are interested in forming a habit of saving money - then take the challenge. Leave a message in the comment section. If we share DNA I am also looking for you to take the savings challenge. If we are of the same gender "ladies" then I am looking for you to take the challenge. I am calling all men - I challenge you to take the savings challenge. What will we have to show for our lives if we never keep a portion of what we earn? Are you content with the state of your finances? Do you have money set aside for emergencies? Have you started saving for retirement? How about the children that you love - have you started a college fund?
We are never too young or too old to get started. No amount is too small. At the end of each day I need EVERYONE - this means YOU! - to start cleaning out your pockets, handbags, purses, book bags, and find all your loose change. Did you know that if you save an average of $1.37 a day at the end of the year you will have $500.00?
earn.
MONEY-MONEY-MONEY-MONEY-MONEY-MONEY-MONEY-MONEY
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| THE FUTURE IS COMING - IT WILL REQUIRE MONEY TO LIVE IN IT! |
is an extension of my book, Sick and Tired of Being Broke: The first steps on the road to financial independence for Everyday People. The book recounts the first steps on my journey to becoming debt-free and financially independent. I wrote the book for others like myself who grew up without the benefits of basic financial information. My hope is that together we will uncover the information that we need to set ourselves free - free from the bondage of debt.
Financial information is the key to change.
Unfortunately, for most of us, basic financial information is not taught in schools. We live in a country that continues to pass out diplomas to people who lack healthy financial skills, creating a society not prepared to handle the financial ups and downs of everyday living. The road to financial freedom is paved with information; join me on my journey.
Lucille Tyler Baldwin
Author of "Sick and Tired of Being Broke"
lucybaldwin27@yahoo.com
Tuesday, February 18, 2014
The 2014 Money Saving Challenge
Tuesday, February 11, 2014
Retirement is for Old People.
We will die young or eventually reach the age of retirement. Young people believe that retirement is something that only happens to old people. Guess what? At the end of each day you are one day closer to "old age" and one day closer to reaching the age where people start to retire.
No worries old age is for "old people." No need to think about growing older or how you will eat, live or pay your way - those concerns are for "old people." NO WORRIES - The money will come from somewhere!
According to the Social Security Administration, if you randomly take 100 people at the start of their working careers and follow them for 40 years, at retirement age:
Because of a lack of knowledge and naïve assumptions, Social Security has unfortunately become the main source of income for almost 50% of retirees. In reality, a monthly social security check will only replace about 40% of a worker’s earnings, and alone may not even provide a standard of living above the poverty line. Nevertheless, according to the US Department of Health & Human Services, 96% of all Americans will retire financially dependent on the government, family or charity.
http://finance.yahoo.com/news/retired-and-broke--social-security-can-t-support-seniors-forever-212744627.html
Wednesday, November 20, 2013
TAKING CHARGE OF YOUR MONEY
in 2018
The wealth gap between the haves and the have-nots in this country continues to widen. We are fast approaching a new year. Do we continue using the same kind of thinking and actions in the new year that has prevented us from living debt-free and creating wealth?Do we continue feeding our minds with chaos such as reality television shows that teach us that behaving badly is okay, movies that teach our children how to become the next jack a** stars, or shows that teach our daughters that being a bad girl is cool? Do we continue spending billions of dollars on violent video games that seem to sap our children of creativity, respect and patients?
Do we continue to stand in long lines on Black Friday to spend borrowed money? Do we continue creating debt that will take us years to repay? Do we continue putting on a happy face pretending that life is great? Will we spend another year thinking of reasons not to take charge of our financial situation? Will we spend another year helping to create additional wealth for the haves?
It is time for us to take charge of our money, reduce our debt and start paying ourselves.
Lucille Tyler Baldwin
Monday, November 15, 2010
Future Millionaire: Young and in Charge
You know I am always talking about finances, so I was sooooo pleased to meet a 19-year-old woman who was already taking charge of her money. This young lady participates in her 401(k) at work, is already saving for retirement with an IRA, and she understands the value of keeping her consumer debt low. Not only was she taking charge of her money, but she was also encouraging her best friend to be responsible with money.
I was curious to know how she learned at such a young age to be responsible with her money. She said, "when anyone talked to me about finances, I listened and took the information to heart." As adults/parents we can teach our children how to become financially responsible.
The best way to lead is by example! Do you need help learning how to take charge of your money? Then order your copy of "Sick and Tired of Being Broke." The path to financial freedom starts with financial information.
Lucille Tyler
Author of "Sick and Tired of Being Broke"
http://www.thejourneytowealth.blogspot.com/
Friday, November 5, 2010
Destiny Created
Wednesday, October 20, 2010
Our Deepest Fear
Actually, who are you not to be?
You are a child of God.
Your playing small does not serve the world. There is nothing enlightened about shrinking so that other
people won't feel insecure around you.
We are all meant to shine, as children do.
We were born to make manifest the glory of God that is within us.
It's not just in some of us; it's in everyone.
And as we let our own light shine, we unconsciously give other
people permission to do the same.
As we are liberated from our own fear, our presence
automatically liberates others."
Marianne Williamson
Lucille Tyler Baldwin
Author of "Sick and Tired of Being Broke."
http://thejourneytowealth.blogspot.com/
lucybaldwin27@yahoo.com
Friday, October 15, 2010
Are You Preparing for Retirement?
- 1 will be wealthy,
- 4 will be financially secure...
Money will not suddenly appear because we are older -
Available at: http://www.buybooksontheweb.com/
to contact the author for questions, comments or to order signed copy: lucybaldwin27@yahoo.com
Tuesday, October 12, 2010
"How I Escaped Domestic Violence Through Financial Empowerment"
Post from Rich Single Momma http://richsinglemomma.com/weblog
No Escape?
My Experience
Holding on to My Identity
Financial Savvy is Key
I Found My Power
Educate, Empower, Think
If you are in a domestic violence situation get help ASAP by calling a domestic violence hotline.Lucille Tyler Baldwin
http://www.thejourneytowealth.blogspot.com/
Monday, September 13, 2010
Manifest Your Desires:
Free Credit Report
Get your FREE credit report at http://www.annualcreditreport.com/
Sunday, September 12, 2010
How to Turn $1.37 into $33,000 for your New Baby!
Most of us have a favorite snack or we drink a few cups of coffee a day. By sacrificing one snack or drink a day you can start creating a financial foundation for your new baby. If you eliminate one snack or drink a day and throw $1.37 into a jar - at the end of the year you will have $500.00. You can take that $500.00 and purchase a $1,000.00 savings bond for your child. Follow this routine every year for 25 years.For every person (grandmother, grandfather, dad, mom) in the child’s life that makes the sacrifice your child will have a face value of $17,000 in bonds by the age of 17. By the age of 17 the first bond will mature and be worth $1,000.00, you can now take the $1,000.00 bonds for the next eight years and purchase bonds with a face value of $2,000.00 each year- When that set of bonds matures they will be worth $16,000.00.
Continue this method until your child is 25 years old -- the future value of the bonds will be a little more than $33,000.00. That’s for “each” person in the child’s life that puts away $1.37 a day.
It may seem like a lot of work - but - is giving your child(ren) a financial head start worth a little creative work?
Thursday, September 9, 2010
A Real Ball and Chain: Debt
Today is the day to start taking charge of your money. Stop what you are doing and get a pen and paper, - now write down the life that you want/deserve. What are the steps that "you" need to take to create that life? What is preventing "you" from getting started? Yesterday is Gone; Tomorrow is too Far Away; - but -Today is a new Beginning!
No amount is to small; a penny, a nickel, a dime, a quarter, or a dollar. The key is getting into the habit of saving and taking charge of your finances. Remember it takes 21 times of doing something before it becomes a habit.
Wednesday, August 18, 2010
Freedom from Debt on a Modest Income
I worked retail most of my adult life and earned a modest income. Because of a lack of information I struggled with debt for decades and only recently became debt free (about 5 years). I taught myself how to live debt free. Financial information gave me the power to make better choices. If I can become debt free earning a modest income, you can do it. Becoming debt free does take work, but your life can only change if you take action.
Sunday, August 15, 2010
I Really Cannot Afford to Save Money! True or False?
I suggested that she start an emergency fund for future car repairs and unexpected expenses that would surely pop up from time to time. Her response: “I really cannot afford to save money. I make just enough money to pay my monthly bills.”
Saving a Small Amount of $ Can/Will Add Up!
The Reality: Joan does not realize how much money she spends on miscellaneous items each month. She goes out to dinner at least 3 nights a week with friends, and because of her busy life, she also hits the fast food drive thru about 3 to 4 times a week. Like most young people she enjoys shopping and her monthly or biweekly pedicure, etc.,. Joan like many of us unknowingly spends much more money than she realizes. Money that could benefit her in an emergency.
Understanding were your money is going will uncover your available wealth. You Can Do It - Prepare for Unexpected Situations!
Lucille Tyler-Baldwin
author of "Sick and Tired of Being Broke"




