Category Archives: finances

That One Moment!

and now you get it!

If you are a parent or a very caring friend, you will fully grasp my message today. When you try so hard to get your children to understand life issues, to safeguard them for the future, or you try and save a mate from a destructive relationship and in their eyes, “You don’t get it”! That is exactly what I am talking about.

I constantly preach a message of savings and investment to my children, because I was one of those in my generation who got formal education instead of financial education. Thankfully, I copped on before it was too late. I want them to be financially independent and retired from the rat race at an early age. Yet, there is that one missing puzzle – the message is never well received when the relationship is too close.

My daughter called me up a couple of months ago, she had been on a night out with her work colleagues and met one of the directors at work, who happened to be a young girl, few years older than my daughter. This young director was chatting about how she scrimps and saves and budgets on everything, watches her spending habits and she finally has her own house, a three bed house in London and she is only 27 years old.

My daughter’s call was about her eureka moment of seeing the light through another young person’s vision. She was inspired and started planning on how she was going to change her habits and save more and this and that.

That one moment when the penny drops and the blind receives their sight. That one moment when understanding illuminates your life and you realize that all that you need to be who you need to be is already within you. That one moment when you realize that you are a total package, with nothing missing and nothing lost.

My message to you today is to let you know that you are part of a fully functioning body and no one else will do you like you. You thoughts, your style, your ideas, your skills, your habits, your face and all of you is peculiar to you. You are unique and well endowed to live a happy and successful life. The tools are all within you.

  • Start with self love, appreciation of all of you both hardware and software.
  • Identify your inherent skills
  • Find where your skills can solve a problem for humanity
  • Get your audience
  • Deliver your support
  • Find ways to monetize your delivery
  • Success follows

All in that one moment! #YHTk

Becoming debt free

Pick up the phone and talk to someone

I recall my days as a customer service agent for a utility company. It was in the peak of the recession in Ireland and we were meant to be advising on why the bills are higher, why customers were getting disconnected or going on a different plan. It used to reap my heart out to listen to people crying on the phone and asking me how they were supposed to explain no electricity to their children who is writing the leaving certificate.

Racking up arrears in bills and debts is something that can happen to anyone. If your stream of income is cut off or reduced without backup, or unexpected illness affecting your ability to work with no insurance, or company relocation or business winding up suddenly. My point is nobody opts willingly to be in a negative situation.

But when it happens, it simply has to be dealt with. Burying your head in the sand and wishing it will go away is not a solution. Neither is ignoring the calls of your creditors. I know and can tell from my past experience that this style never works.

If you find yourself in arrears or struggling to keep up with your bills, your best solution is to call the company and explain your situation. Sometimes, they have options in place for cases such as yours. Call up and explain, go into payment arrangement to split the bill into manageable portions. If for some reason, you are not able to catch up still, think of rolling over the outstanding balance with the incoming bill and refresh your payment arrangement. Make sure to be chipping at the arrears, no matter how little.

Note one thing for certain, your creditors need you. They need you to be in good health physically and financially, so that you can pay them what you owe. They need you to be back on your feet so you come back a better customer. They need you as a customer as it saves them the additional cost of replacing you as a customer. You also need them to stay in business so they can continue to deliver the service to you.

Being in debt is not the end of life. It can be a season if you are proactive to snap out of it and keep communicating and continuously reducing it no matter how small. The same way little savings here and there can quickly build a wealthy nest, so does little debts here and there can eventually land you on the street with no shirt on your back.

Be wise! After all #YHTK

What is yours?

Mine was finances and fulfilling purpose

The creatives in the house can attest to the fact that we are unstoppable when it comes to ideas generation. The entrepreneurs will agree that when you think profit and possibility, the music changes to “let’s go there”. Being a creative serial entrepreneur, you find you are constantly on projects without end.

Couple of years ago, I did some soul searching and concluded that I must die empty. Share all my acquired skills and knowledge with as many people as I can, and make sure the grave does not get anything except for my carcass. To this end, I also became a donor carrying card and made sure my family are aware of what to do with my body in the event of my passing.

What brought this about was my finding out the number of unfulfilled talents and gifts that people end up taking to the grave because of fear of venturing out, fear of what people would say, what if it does not work, and many other inconsequential reasons that have no roots or foundation.

I discovered my fear was not being able to fulfill my purpose in life and not having finances to carry out my actions in fulfilling purpose. I did an overall self check and concluded that if others can, so can I. My action plan I will be sharing in detail at some stage. But first, I selected my desired date for an early retirement, embarked on a couple of self development courses, invested myself in multiple streams of income and committed myself to service to help others see the possibility of what is achievable if you believe.

As a serial entrepreneur, I have enjoyed both sides of the fence. When it was very good and when it was very bad. Including having to file for bankruptcy at some stage and coming out of it on the brighter side, starting afresh and stronger. How did I get myself there? How did I get myself out? and How did I start all over to being on the winning side? (Stories for another day).

What do you think is holding you back from becoming your dream self? What do you think is the stop between you and your self in achieving your desired level success? You think you are too old to go after your dreams? Or you think you are too young to start? Age? Finances? You think the resources are not available to get you started? You will be amazed at what you have and can do, when you think deep enough.

Where do you need help getting fulfilled? Is it in finding your purpose or fulfilling it? Or having the support network or family to get you there? There are different reasons for different people. I have shared mine with you. Mine was finances and fulfilling purpose. What is yours? Drop your thoughts on your fears and stumbling blocks in the comment below. A problem shared is a problem half solved.

Above all, remember always that #YHTK