Category Archives: Money Moxie Community

10 Powerful Success Strategies

Below is a great article I found this morning.  If you are starting your own business, creating a new venture or facing challenges at work or in life in general, it’s heartening to recognize that the doubts and feelings of discomfort and insecurity are often actually quite normal.  We could actually be on the right track in life, but just have to get used to the “new normal” and not be discouraged.  Change is good but scary. Let’s not let that stop us.

10 Powerful Success Strategies

By Craig Harper

If you’re serious about creating lasting and significant change in your world – as opposed to merely thinking and talking about it for another year – there are a few things you might want to do in order to help make those intentions a reality…

1. Know what success is. If you don’t know what success is (for you), how can you possibly create it? Success is different things for different people and one person’s success (a pregnancy for example) might be another person’s catastrophe. That’s because success (or failure) is not so much about the situation, circumstance, event or outcome as it is about what that “thing” means to the person in the middle of it. In order to create success, you must first define it – and far too many people haven’t. Be very clear about what you want and don’t want for your life. Clarity produces excitement. Excitement produces momentum. Momentum produces behavioural change. Behavioural change produces different results and eventually, the internal vision becomes an external reality. Giddy-up.

2. Get comfortable being uncomfortable. Some people will live a life of second-best, of compromise and of under-achievement simply because they are (1) controlled by fear (2) always looking for the magic pill or shortcut and (3) not prepared to do the tough stuff. People who always take the easy option are destined for mediocrity. At best. Constantly avoiding the discomfort means constantly avoiding the lessons and the personal growth. Pain is a great teacher. Not always what we want, but sometimes what we need.

3. Seek to be righteous, not right. The need to be “right” speaks of arrogance, insecurity, ego and stupidity. It’s also synonymous with failure. The person who constantly needs to be right will miss out on much of what life has to teach him and alienate himself from others. Arrogance repels, humility attracts.

4. Seek respect, not popularity. It’s been said that our nature is “who we are” and our reputation is who people think we are. When the two are synonymous, we’re usually on the right path.

5. Embrace mess. To embrace mess is to embrace life because life is messy, unpredictable, unfair, uncertain, lumpy and bumpy. So get used to a little chaos. Embrace it even. While others succumb to the messiness and unpredictability of the human experience, make a conscious choice to be the calm in the chaos.

6. Don’t become your parents. Or your boss. Or anyone but you. The enormity of conformity is a problem for the wanna-besuccess story. Sure, your parents are great and by all means respect them, love them and learn from them, but please don’t become them; that’s just plain ugly and a little bit tragic. Listen to, and learn from other people, but think, act and decide for yourself. And no, you don’t need anyone’s approval or permission; you’re big now. It’s okay.

7. Use more of what you already have. Imagine what you could achieve if you took all the knowledge, intelligence, opportunities, time, skill and talent that you currently have and absolutely milked it. What if you already have more than enough talent to become wildly successful? Well, you do. There go the excuses. And that voice that’s telling (some of) you right now that you don’t have what it takes to become successful, that’s called fear. Not logic, fear. Not reality, fear. Unless of course, you allow that to become your reality. Be mindful that the voice in your head (the very loud, annoying and persistent one) is rarely a reflection of your potential and mostly a manifestation of your insecurity.  And no, you’re not alone in your self-doubt; it’s a universal condition. Many people fail, not because they don’t have what it takes, but because they don’t use what they already have. Successful people typically don’t have more innate potential, luck, time or opportunity than the next person, but they consistently find a way to use much more of what they have at their disposal. While the majority are rationalising their lack of decision making and action taking, these guys are finding a way to get the job done. The question is not “how much ability do you have, but how much will you use?”.

8. Be an innovator, not an imitator. Not too many sheep succeed. Baaah. Sometimes it’s a good idea to build your own team rather than join someone else’s. Don’t let your fear stand in the way of your potential to create, innovate or lead. When I set up Australia’s first commercial personal training centre, most people told me it wouldn’t work. Glad I didn’t listen.

9. Do what most won’t. If you want to achieve what most people won’t (happiness, joy, calm, wealth, optimal health, balance) then don’t do what they do. If you want to be like the majority, then do what they do. Producing different results comes from doing different things. Simple really. And effective. Most people won’t persevere, won’t finish what they start, won’t find the good, won’t do what it takes, won’t question their long-held beliefs, won’t be solution-focused, won’t do what scares them and won’t “be the change” they want to see in their world. Choose to be different.

10. Be like water. Powerful. Gentle. Adaptable. Ever-changing. Being static in a dynamic world – like the one you and I inhabit – is a recipe for disaster. If you can’t adapt, you can’t succeed. Our practical, three dimensional reality, and everything in it, is in a constant state of transition, while some of us are in a constant state of “same”. Statues don’t succeed, they just get crapped on.

Watch out for the pigeons.


Holiday Happy Hour with Money Mondays Mavens

Posted on Facebook December 9, 2011

It was great catching up the women who attended previous Money Mondays workshops.  Being the budget-minded gals we are, we chose Slainte, a cozy Irish pub on Bowery, for it’s 2-for-1 drink specials until 7 pm.  No need to pay full price for a drink when you don’t have to, right?

Money honeys talking smart money skillz and getting our drink on!

Several months have passed since we did our Money Mondays workshop together and it was great to seeing everyone together again.  Besides catching up on life, discussing holiday plans and complaining about work, we also shared some solid budgeting and saving tips.

Getting ready for the holidays

Here’s what some of the ladies shared:

– One of the budgeting lessons at Money Mondays is that as soon as you pay down your bills, you should start paying yourself. The rule of thumb is to put about 10% of monthly income away in a savings account

At happy hour, Yoon said she has become more vigilant about saving and now abides by the 10% a month rule.  She is saving 10% of every check she gets, even if the check is for $76!!!  Love it!

– When dealing with banks and credit cards, I urge everyone to go “old-school.”   Back in the day, people would go to their local bank branch and be recognized by their friendly neighborhood bank teller.  When I was a little girl, I loved going to the bank every Saturday morning with my mom—why?  Because while she was sitting with our family banker, I would chomp on lollipops the bank always had in the lobby.

These days, people don’t really develop long-term (or even short-term) relationships with their bank tellers.  Today, banking is about convenience.  I totally get that; however, I think it’s valuable to sit down with a banker (or call the customer service line) once a quarter to review your accounts and inquire about better interest rates or specials that the bank is offering.  Banks are fighting to keep your business, so it doesn’t hurt to make them work a little.

That’s why I was so proud when Nancy told us about the cash bonus she received when switching her accounts to ING Direct.  While ING Direct is more of an online bank (hard to establish relationships that way), they do offer great deals because they are not burdened with the overhead of brick-and-mortar branches.

Nancy explained that she took advantage of a Black Friday deal at ING Direct; she switched her checking account to an ING Direct account and got cash back.  In addition, she signed up to roll over an old 401k to an IRA with ING Direct and received even more cash!  In total, those smart transactions earned Nancy almost $200 cash back!!

 One of the biggest lessons Money Mondays tries to convey is that you should be in charge of your finances and not the other way around.  It’s so easy to get caught up in holiday shopping and parties, paying bills and splurging on those amazing toeless shoe boots (a trend I’d like to see on it’s way out!)  Take some time to understand your own spending patterns.  What you spend your money on says a lot about you and there are smart ways to cater to the “wants” while paying for the “needs” and also saving.

 Kelli shared an article she read recently that explained that it’s important to pay attention to what we spend money on.  The things/food/travel/clothes that we spend money on are good indications of what is important and meaningful to us.  So it may be a good idea to take time to review your credit card bills and bank statements from the past six months to see what you spent money on.

Is there a smarter way to spend money on the things you love to do that will also allow for better saving habits?  For example, if you’re like me and spend lots of money on eating and drinking out, this might mean you value socializing and companionship.  Maybe consider planning ahead to have a big steak dinner once a month—even put it on the calendar—and then make sure to plan smaller and less expensive outings as well.

– Another lesson from Money Mondays—if you’re using a credit card, make sure there is some kind of benefit to using it and make sure to take advantage of those benefits.  Does this credit card have a low interest rate on purchases?  Does it give you cash back?  Do you earn points on the purchases you make that you can trade in for airline miles or gifts?

Recently, I found an old credit card that I already paid off that had tons of points on it.  I called the credit card company and got access to the rewards website (I even lost the credit card a while ago so couldn’t get on the website!) and looked through all the amazing things my points would get me–but eventually traded in the points for about $250 worth of gift cards from Best Buy and Macy’s!  Guess what my family is getting for Christmas???