September deficit

Looking back on my spending habits, there were two months where I would cringe the most when opening my bills. Opening the bills in January was always tough because of holiday spending, an increased heating bill and the additional self pressure of trying to adhere to financial resolutions. However I think what caused the most stress is when I opened bills for September. There are several reasons why people are stressed by September Bills.

1.People underestimate the amount that they will spend for school tuition and/or fees. For the most part schools have already figured out what their tuiton and fees are going to be, make sure you know how much tuition and fees are going to go up so that you can adjust you budget, or sign up for an installment plan that many schools offer.

2.People underestimate the amount that they are spending on fall clothing and/or school supplies. This is an area where it is important to establish and stick to a budget before you start shopping. The stores are designed to maximize the amount of money you will spend. It will also help you if you make a list of what you want to buy before you go shopping. This will help you make sure you get what you need while trying to stick to your budget. It will not serve you, if you stick to your budget, but your kids have seven pairs of jeans and no shoes.

3.People spent more money than they had planned on during the summer. There are many tempting ways to spend money during the Summer. For me it was all of the little expenses that seemed to add up.Here are three major expenses to keep an eye on:

Electricity Costs – Here are some ways to reduce summer electricity expenses

Entertainment – In the summer time there are many concerts, movies, and outdoor activities that cost money. It is easy to lose track of your entertainment spending. If there is something that you want to do badly this summer, don’t deny yourself, just keep in mind that you probably can’t afford to do everything that you want to do, and that there are many low and no cost alternatives for entertaining yourself and your family this summer.

Gasoline Costs – These are costs than can easily creep up on you because you only have to think about it when you fill up. Including travel costs can help you keep your summer adventures within budget.

Food Costs – No one wants to cook during the Summer. However there are ways to get around this. Many people cook on their grill almost every night. You could also prepare several meals at one and freeze them of have dishes that you can serve cold.…

When To Quit And When To Stick: Make The Right Decision!

An enormous part of life is knowing when to quit and when to stick. Maybe it’s a job that you don’t like, or perhaps a business venture that’s failing. Or maybe it’s something else – could be a number of things! We all struggle occasionally with when to quit or when to stick with something. How important is this topic in your life, and what can you do to make the right decision at the right time?

The Misconceptions of Quitting and Sticking

There are a few misconceptions about how to achieve your goals. Many people think that if you “just stick with it, you’ll eventually succeed.” But what if you’re on the wrong path altogether? Continuing down that road will only get you further from your intended destination.

Another misconception is that quitting is for losers. On the contrary, quitting could be the best decision you’ve ever made! Quitting can free you up to work on new projects, think critically about how you’re living life, and remove a truckload of stress.

There are times to quit and there are times to stick. But don’t think as quitting as bad or sticking as good, think of them as options.

When You Should Quit

You should never give up on life. That’s not the type of quitting we’re talking about here. The kind of quitting we’re talking about means eliminating or changing one area of your life to replace it with something new. That could mean changing something as small as your product pricing or getting out of a bad habit. Or, it could mean something more radical like getting out of the rat race or ending a detrimental relationship.

What do you think about the following quote?

Quitting is the easiest thing to do. – Robert K.

Mr. Kiyosaki’s quote rings true when it comes to things we should actually stick with that are difficult, but it doesn’t when you’re quitting something that is actually fruitful in your life. When you have to choose between a fruitful activity you’re currently doing, and an alternative that has the potential to do better, it’s in fact very difficult to quit and try something new. And sometimes, that can cloud your judgement about when to quit.

Here are two instances when you should probably quit or heavily modify your project, plan, or circumstance:

  • When your stress level starts negatively affecting other areas of your life. Maybe you have a job that you dread going to and you’re not getting any sleep at night because of the stress. Probably time to look for another job, then quit.
  • When your activities are not moving you forward toward your major life goals. For example, if your goal is to produce more residual income, but you aren’t educating yourself or trying other opportunities because you work 24/7 (and, by the way, for extremely low wages), perhaps it’s time to quit the full-time position and move to part-time – or quit altogether!

When You Should Stick

Sometimes, it’s important to stick with something over the long haul. For example, long term investing is a good idea, and staying married to your spouse is another!

But during the difficult times when you’re wondering if you should stick with something, you might ask yourself these questions:

  • Does this project need time to work?
  • Does this project have a high potential to get me to where I want to go in life?
  • Do I have an attitude about this project that I shouldn’t have?

If you find yourself answering “yes” to these questions, perhaps you should give the project more time. And certainly, always stick with your virtues and make it a goal to progress in life.

Still Not Sure?

When I decided to quit my job and pursue professional blogging full-time, it wasn’t a spur-of-the-moment decision. It took years of careful planning – and believe me, I still made mistakes along the way! Sometimes I had to quit certain activities in order to free up my time. Other times, I had to stick with a job I didn’t love, so that my dream job would have time to grow and mature.

Perhaps you’re in the same boat. You’re asking yourself if you should quit or stick with something. Maybe the answer lies in a little of each. Over time, you can maneuver your ship where you want it to be.

Bonus tip: If you’re happily married, ask your spouse what they think you should do. Many times, they’re right.

Don’t be afraid to quit when you know in your gut you’re ready.

Don’t be too lazy to stick with something before it has a chance to prove itself.

Don’t fear making a decision – your future awaits!