Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Friday, April 2, 2010

The Shoebox: A Really Cute Story about A Couple and Dolls

This story's a hoot! I got it through email just the other day. I'm sure you'll enjoy this story very much. Especially for you girls. It's got an unexpected twist from the expected mushy story. Enjoy!!


THE SHOEBOX

A man and woman had been married for more than 60 years. They had shared everything. They had talked about everything. They had kept no secrets from each other except that the little old woman had a shoe box in the top of her closet that she had Cautioned her husband never to open or ask her about.

For all of these years, he had never thought about the box, but one day the little old woman got very sick and the doctor said she would not recover.

In trying to sort out their affairs, the little old man took down the shoe box and took it to his wife's bedside. She agreed that it was time that he should know what was in the box. When he opened it, he found two crocheted dolls and a stack of money totaling $95,000.

He asked her about the contents.

'When we were to be married,' she said, ' my grandmother told me the secret of a happy marriage was to never argue. She told me that if I ever got angry with you, I should just keep quiet and crochet a doll.'

The little old man was so moved; he had to fight back tears. Only two precious dolls were in the box. She had only been angry with him two times in all those years of living and loving. He almost burst with happiness.

'Honey,' he said, 'that explains the doll, but what about all of this money? Where did it come from?'

'Oh,' she said, 'that's the money I made from selling the dolls.'


A Prayer.......
Dear Lord, I pray for Wisdom to understand my man;
Love to forgive him; And Patience for his moods;
Because Lord, if I pray for Strength, I'll beat him to death,
Because I don't have time to crochet.


Wahahah! So True!

-- designstudentny
For more interesting stories and posts go to http://www.onthewaytonewyork.blogspot.com

Posted via email from alittlebitofeverything's posterous

Thursday, March 25, 2010

Managing Your Money Like the Ultra Rich

I just learned something very interesting today and honestly, quite unheard of in my own mindset of being very stingy and careful with my money. In my own defense, I'm a strong believer in delayed gratification so I would tend to really scrimp on expenses and hold out on purchasing anything major (clothes, shoes, etc.) for myself until such time I feel that I have "earned" it or when I've already reached a particular financial goal. As such, now I am holding out all expenses in lieu of funneling money to my fledgling business... and rightly so because my current job pays me pocket change and business expenses every month in so far (my receivables have not yet come in) are my salary several times over. It's a big "ouch!" if you must know.
So, when I read the third chapter for Jomar Hilario's e-book, my first reaction was "Hmmm??"
Before I continue with my own reaction, I'll let you judge for yourself. Jomar Hilario quoted T. Harv Eker's book, Secrets of the Millionaire Mind wherein he stated the different categories to which we must plan our spending and allocate our budgets BEFORE we actually spend our hard earned salaries.
1.      Financial Freedom Account - To be spent only on Passive Income creating things.
2.      Long Term Savings - If you need to buy an expensive thing
3.      Education - For financial education seminars, books, trips to seminars, workshops and coaching. This will teach you where to put your money for item #1 above.
4.      Giving  - If you want to give to church or charity
5.      Expenses - Rent, Food, Fares, Donations to Family
6.      Play  - It's a surprise, I'll discuss this later.

All the other categories are pretty self explanatory especially for people who've read any personal finance book or attended any seminar. What came as a surprise to me was item #6. Play.
According to Hilario, "Play" pertains to 10% of your income that you're REQUIRED to spend on "the finer things in life," as he puts it, may it be that Louis Vuitton bag, Tag Heuer watch, P16,000 Limited Edition Adidas shoes or the trip to Macau that you've been wanting to take for so long.
I would tend to save that amount for the big purchase that I'm eyeing but Jomar says, that amount MUST BE GONE at the end of each month. I'm still struggling to meld this with my own money practices but Hilario makes a pretty good point when he says that this must be done in order to "heal" our financial limiting beliefs like "I can't afford it," "I don't have enough money," "I don't deserve expensive things like that."
I'll let this sit and register in my mind first while I wait for the next installment of Jomar Hilario's book to arrive in my inbox. The whole concept intrigues me very much and I think I should pick up T. Harv Eker's book as well while I'm waiting.

**If you want to also receive Jomar's ebook just simply sign up on his website: http://www.jomarhilario.com
-- designstudentny
For more personal finance tips go to http://www.onthewaytonewyork.blogspot.com