More useful books

Please allow me to add David Bachs books ( ) He wrote automatic millionaire and Start late finish rich and other books that are for women. See his website.

He tells you how to set up to save automatically and to watch Latte factors, such as what do you buy on the way to work? During your lunch break? And going home from work?

A lot of people buy coffee donuts & cigarettes just to start the day. Add a $6 lunch and stop & get soda & candy bar on the way home form work. There you go $10-15 easily spent in just one day! Times that by just 3 times a week and you have $40-45 you could have saved. Ok so read his books, they are enlightening! Blessings Dee

Suggested reading

Sam’s suggestions are sound; once you know about money, finances, and the small print a lot of banks have; then you can learn how to get out of debt and start creating wealth. Not to say it isn’t hard work, it is… none has the easy answer to wealth; it’s a work in progress always 😉

Other books I would also suggest for reading is Suzie Orman’s (link)…

there is a wealth of info there (pun intended) to help you… if you can’t afford to buy the books recommended, be sure and check out your local library…

Suze’s books on finance opened my eyes to things I never realized about how I think of money and how it affects my relationships; and how that affects my ability to create wealth.

Counteracting Financial Ignorance


I’ve been a member of this blog for quite a while now.

It seems to me that we struggle because we don’t get ‘money’ or ‘finances’ as a subject in schools.

Why do you think that is?

The banks keep paying out 2 and 4 per cent on your savings, while the international shares indexes keep generating 10 to 12 per cent to their investors.

Here’s some interesting facts I found out recently …

Did you know that a one-time contribution of $10,000 doubles in value three more times at 8% than at 2%? With 2% interest, it would take 36 years to double in value. At 8% it doubles in only 9 years.

The banks make huge profits while we remain financially ignorant. I am not saying that you and I are foolish or stupid. We just dont have the financial intelligence that a banker would have because, like mushrooms, we are kept in the dark and fed … well let’s call it manure, shall we? 😉

So, in order to counteract that in my own small way, I thought I’d poast a list of some of the books the banks don’t want you to read. Becoming financially lilterate is THE way to go. Make your life easier. This is NOT rocket science!

“Rich Dad, Poor Dad” Robert Kiyosaki

“Rich Dad’s Guide To Investment” Robert Kiyosaki

“Think & Grow Rich” Napoleon Hill (bit dated now but concepts are fairly sound)

“The One Minute Millionaire” Mark Victor Hanson & Robert Allen

“Striking It” Jaclyn Easton

“From Rags To Riches (Through Real Estate)” Russ Whitney

“Synchronicity” Joseph Jaworski

“Money and the Meaning of Life” by Jacob Needleman

“Beyond the Chains of Illusion” by Eric Fromm

“The Power of Intention” By Dr Wayne Dyer

and last but not least

“The ABCs of Making Money” by Denis Cauvier and Alan Lysaght.

You don’t have to read all of them. Indeed, you don’t have to read ANY of them! But I suggest that at the very least, you read Rich Dad Poor Dad. Then, if your interests have been stoked, take your pick of what seems most up your street.

Best wishes

from Sam

PS We avoid things because we fear that they make us feel uncomfortable. So, as you dip into this, know that you will have some feelings in your body that you maybe won’t want to feel. But that is ALL it is – feelings in your body. Feelings cannot kill you. Get used to feeling those feelings and you are truly on your way!


It has been interesting reading the last few days of posts. It is nice  to see that there are churches out there that are making the effort to  help its flock.

Our church, like Peggi’s, is also leading a FINANCIAL FREEDOM class, It is really great. My husband and I are really learning alot and  everyone that has taken this class is really optimistic about it to.  It is sponsored by Larry Burkett (who is now deceased) but his ministry  Christian Financial Concepts merged a few years ago to form Crown Ministries. It also has a lot of great information.

You can find them at, if you are interested.

I appreciate the people, I also listen to their radio program every day. The only issue I have with them is that it seems as though nearly every caller is earning $75000 a year or more and I know most people don’t earn that much. Their teaching is very sound, though.

I’ve never really done a budget before

I’ve never really done a budget before, and don’t really know where to  start. I keep my bank ledger in excel. So, I went through and assigned  categoriesto everything for the past 4 months. Trying to see where my money goes. Here’s what I’ve come up with so far….

Hopefully you can read this. Each category has the Category name, 4 month total, monthly average. A few categories have some further explanation out next to them.

Auto Gas

Auto Insurance

ATM Fees

(I’m bad about using the ATM for cash, then not tracking where the cash goes)


Credit Cards
(I don’t think a single cent of this went towards the actual balances, it was interest, late fee, or over limit)

(I desperately need to use this membership, and I love going..but I can’t seem to stay healthy enough to go very often)

Eat Out


(includes nights out with friends, which doesn’t happen often, also books bought)

(two nieces & one nephew – birthday parties)

(ok..this catagory is a jumble of groceries, household items, pet supplies, gardening stuff, books, office supplies, etc…anything that didn’t fit somewhere else. I really need to break this out and see what the heck I’m spending so much on. No more trips to Wal-Mart!)



(prescriptions eat me alive. I’m going to check into our mail order program through work, and see if it would save me any money)

(a lot of the pet stuff is under the groceries/household catagory)

(I’m thinking of getting rid of my land line, and just going with a decent cellular plan)


(this includes sewer and trash)

Auto Upkeep
(oil changes, registration sticker)

Bank Svc Chg
(had 1 overdraft fee)

Loan Payment

Taxes/Credit Report

Knowing your budget

The first thing you have to realize is that cash withdrawals are killing you not the prescriptions. But I do agree if you can get things cheaper through a work plan it’s a great way to go.

You have to track where that ATM money goes; you have a large portion of your income going for entertainment, over $250 a month … that’s over 13% of your monthly income … keep in mind that includes those cash withdrawals you can’t account for spending 😉 as well as eating out, gifts, Curves, Fun and Internet expenses.

The Money Management budgeting spreadsheet can be downloaded from the “Files” section…

When you first start keeping good track of spending habits (which is essential to setting a budget you can live with) it can be a pain, but soon becomes a habit you will do automatically. I keep receipts for everything and a small notepad in my purse to jot down things I don’t get a receipt for (rare but it still happens). I can balance to the dollar (I do round up the change on cash spending) each day in just a matter of minutes in my spreadsheet.

Some of your categories are too defined; I would keep all Auto related expenditures in one category for instance instead of having several unless you need them defined later for income tax purposes. Your “credit cards” category; is that debt repayment? Or things you charged? If it is things you charged you need to add that to the appropriate category for those items… for instance, clothes, gas, etc. If it is debt repayment; are you tracking your credit card expenditures as well as cash expenditures? If not, you should otherwise you don’t know how much you are spending beyond your income each month.

The first thing you need to understand is exactly where all your money is going … not to the penny but close 😉 Based on your monthly income of $1,886, you should know where at least $1,850 is going each and every month.

Once you know where the money is going; you can take the necessary steps to reduce the waste and get the debt under control.