Tag: Finances

How to create a WEALTH mindset + Daily Devotional 3.23.16

  
Good morning guys,

I saw this online a while back and made a mental note to share it at some point. 

How to Create a WEALTH Mindset: 
W-Write down what you want

E- Envision your future

A- Affirm your desires (*We have to believe we’re worthy of them!)

L- Listen to your inner voice

T- Take action and transform 

H- Hold the vision

I was a grad student on a budget for so long that I’m just now realizing it’s time to hit the reset button on how I look at money. I’ll be the first to admit that I’ve never been motivated enough by money –it doesn’t equal happiness, but there’s no denying the benefits of being in position to be a blessing to the ones you love and live the life you’ve dreamed of. 

Update: *And then, God blows me away with a confirmation. There’s no better feeling than a sign that I’m exactly in tune with whatever it is He’s calling me to. Check out today’s Bethany daily devotional:

Daily Devotional for March 23, 2016
But you brought us to a place of great abundance.
—Psalm 66:12
Three powerful verses in Proverbs 11 remind us of the ageless principles of giving. First, you cannot outgive God. Proverbs 11:24 says, “It is possible to give freely and become more wealthy, but those who are stingy will lose everything.” Giving is the secret to abundance and increase. 
Second, if you purpose in life to “refresh others” (Proverbs 11:25) and not just be concerned for yourself, God will be sure to supply your own needs as well. You must make it your goal in life to bring joy and happiness to others through generously giving to them. You will be personally refreshed from watching their joy, and God will make certain that someone comes along occasionally to refresh you! 
Finally, if you hoard what you have been given instead of sharing it, you will be cursed instead of blessed (Proverbs 11:26). Because giving is so much a part of God’s nature, your gift brings you into His heavenly economy. Even though you may have a need, invest in others, and you will gain, prosper, and be crowned with blessing!
Daily Readings: 

Num 36:1-13-Deu 1:1-46

Luke 5:29-6:11

Psalm 66:1-20

Proverbs 11:24-26
*😩 And I wish I could drop everything to be back in Newport Beach, California haha 

Pray for clarity, claim favor over your life, and trust the process. All things are working together for the good. Xoxo -Chels 🙏🏾❤️

#2016

#latenightsearlymornings

#wanderlust 

#PathMinded #TheCoffeyBreak

Buy What You Need and Want What You Have

Hey guys!

This may sound like a cheap shot, but I think it’s pretty safe to say that the terms American and debt are all but synonymous. Recently, my dad introduced me to a really great audio series, Debt Proof Living by Mary Hunt. I picked up a quote, and it is my new mantra for having a conscious sense of control over my financial circumstances. Her message was something like this,

“Choosing contentment is choosing to want what you have. Buy what you need, and want what you have!”

This may seem like a fairly logical lifestyle to live, but for many people, actively committing to this is a really difficult challenge to face on a daily basis. Fortunately, I have a friend, Charles Adi,  who is a financial advisor, and I am happy to announce that The Coffey Break will be highlighting his pearls of wisdom on, “How to be prepared when  life happens!”

Take a look below for an excerpt from his monthly newsletter, and follow the link for more articles and advice. Enjoy!

-Chelsea

This month’s newsletter focuses on taxes and your money. Over the past six months, the market has seen strong growth but recently suffered setbacks that many attribute to Europe. With uncertainties in Greece, Spain, and now possibly France, we examine a few Market-Movement Indicators that you need to be aware of to better understand its effect on economic growth in America.

There has also been much talk about the proposed changes in the tax law. From the expiring “Bush Tax Cuts,” changes to the tax brackets, and loss of several key deductions, there is much to wrap your head around. Let’s take a closer look at Taxes of the Past, Present, and Future.

We conclude by taking a closer look at some common Retirement Rules of Thumb and discuss Roth Conversion. With higher taxes around the corner this strategy could potentially save you thousands.

Happy Reading!

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