5 Tiny Habits for Financial Success

5 Tiny Habits for Financial Success

What do two pushups every time you go to the bathroom have to do with financial success?

Absolutely nothing and everything at the same time.

BJ Fogg kickstarted this habit and dozens of other little changes to his daily life that resulted in his losing 20 pounds and transforming his life.

His Book  Tiny Habits: The Small Changes That Change Everything emphasizes that starting small can lead to big changes.

In an interview with insider.com Fogg stated ”The trick to lasting success is making sure that you pick out new behaviors and routines that you actually want to adopt, not simply those you think you should do.  One of the criteria is you actually want to do it,” he said. “So that’s why it’s really easy to create them, and then there’s no reason to procrastinate.”

How do you take this idea and apply it to your financial success?

One small action at a time.

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A New Black Swan Event?

A New Black Swan Event?

Let’s get real here. For most of us – myself included – life is fast-paced and chock full of family, relationship, and work stressors. This reality, along with the ever-increasing pressures of technology and society at large, can really take a toll on you.   Emotions like these are often the most present and powerful forces in your life.

The hardest emotion to control is fear. Yoda wasn’t kidding when he said, “Fear is the path to the dark side.”

Markets have been selling off sharply this week, primarily over concerns related to the coronavirus. Meanwhile, some investors are fretting over the impending Presidential election and changing valuations in Technology companies. All these headlines can be a lot to digest.

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Five Steps to NO Excess Holiday Spending

Five Steps to NO Excess Holiday Spending

It’s that time of year when everything tastes like pumpkin spice, all of the stores have Christmas decorations up and your inbox is getting inundated with pre-Black Friday offers.  Before you can remember when the Dallas Cowboys last won a Superbowl, you will be sitting down for Thanksgiving turkeys and going gonzo over Christmas dinners and eggnog.

That’s right – it must be November.

And with the leaves changing, we thought, why not follow suit?

Do you remember all those annual resolutions you made eleven months ago?  How have those gone?  Hopefully, you have accomplished most and maybe added a few as the year went along.

The next sixty plus days can destroy the success you have built with your financial plan in the twinkle of Santa’s eye.

Here are Five Steps to Say NO to Excess Holiday Spending.

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Freedom Day

Freedom Day

I have been working on this for two years.

Two weeks ago, we “cut the cord”!

This past month we finally had enough after receiving our cable bill that again crept up to nearly $200 per month from our local cable provider which was littered with equipment, taxes, and random unexplained charges and taxes on taxes.

For years the cable companies operated like the monopolies that earned them that moniker, yet every year we would call into the service line playing as good of an Oscar role as we could muster to bluff like we were calling in to cancel. We would say that we had someplace better to go while knowing there was someone on the other end laughing their ass off, mocking us while hitting the mute button thinking we were full of shit, as there was no other island we could travel to.  Until now!

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San Diego, Summer, and Radiation

San Diego, Summer, and Radiation

Good morning from sunny San Diego!

I am attending the Independent Financial Group National Conference this Wednesday through Saturday.   It is a great time to reconnect with fellow advisors and Industry leaders and also enjoy cool and sunny San Diego.

The things you must think about if you are in San Diego in August.  Such as, do I need a sweater?

Seriously, I realize that the weather in DFW is normal hot August and I will be right back in it with you later this weekend. Next weekend is Labor Day and the unofficial final weekend to Summer.

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How to SAVE 20% on your Mortgage TODAY

How to SAVE 20% on your Mortgage TODAY

The 10-Year Treasury has declined from 3.00% in January to close on August 15, 2019, at 1.529% (MarketWatch.com)

My opinion on what this might mean for our economy is not what this blog is about.  You can read about the impact from FIRST TRUST. 

THIS IS THE GREAT MORTGAGE OPPORTUNITY
This quick drop in interest rates has opened the doors for anyone that has purchased or refinanced a house in the last few years to refinance.

The Tax Cut & Jobs ACT of 2017 severely limited the mortgage interest deduction.

WHAT ACTION TO TAKE

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