Most credit unions or banks will let you set up a separate Christmas account to set aside for Christmas.  If they dont, just open up a separate account just for this purpose.  Get one that pays interest if possible.  Save little by little each paycheck and by the time December rolls around you have a nice pile of cash to spend for Christmas.  Sure makes it easier on the budget, and a lot less stressful as there is Money to spend and you know Christmas spending is not putting you into or further into debt.  Isnt is much more fun to spend Money you have versus spending Money that you dont have? 

Here is what to do.   Figure up what you spent on Christmas this year.  Be honest and add up EVERYTHING.   Then divide that total by the number of paychecks you will receive between your starting date and December 1st.  That is about the amount of money you need to be depositing into your savings each paycheck to save the same amount of money that you spent last year.  If Christmas was tight this year, you might want to round up a little bit, so you will have more money to spend in December.

Just remember not to pull out any of that Christmas money till December, or only in emergencies. 

Merry Christmas!

How many times have you heard people say "if I could just have a million dollars, or If I could just win the lottery life would be complete!"?   And yet in many cases, those that do win the lottery wind up a year or two later worse off, in trouble with the law etc, after winning a real lottery.   Why is that?  We want this thing called Money Sometimes more than we should!  One thing is for sure.  Money (whether having lots, or the lack of) changes us.  Money changes our outlook, mood, and attitude about ourselves and the world around us. We must be careful of the change it can bring.

Is money really a liberator or a captor?   It has to do with perspective.

Money in its purest form is just a means to an end.  A means to something you want.  Unless you barter or trade, you cant get the things you need or want without money.  What you get is usually determined by how much money you have.  If you dont have enough, you must wait till you have enough money to purchase.  Usually if we stay in a situation where it seems like we never have enough, we are driven to find ways to make more money.  In a lot of cases, greed motivates us to work more (i.e. workaholics), to spend more than we make, be dishonest (Bernie Madoff, Enron etc).  You get the idea.   So, of course, money is essential to life, you must have it.  What we do with the money we have, and how much money we "think" we need is crucial to whether money is a liberator or a captor.  Your attitude, value system, and life balance will determine whether money captures your life or not.  We will take the three angles of attitude, values, and balance and discuss.

Attitude

Attitude towards the earning of money is so important.  Do you think that you never earn enough?   Do you continually look for new ways to continue to make more money? Can you honestly say that if you earn X dollars per year that you will be content in your heart and mind?  If you dont have a figure in mind that defines "enough", you may end up chasing an elusive goal that you will never get to.   Deep down that spells a lack of contentment and a restless heart.  Define "enough" and be satisfied, and enjoy life!  If you dont, you will chase things to the detriment of time, family, church, and other intangibles.  Know and accept that someone will always have more. Be content where you are financially.  Might you be disappointed at times because you dont have the money you think you need?  Yes.   Better to be a few times disappointed than to spend a lifetime dissapointed because you think you never have enough.  If you are this way, money might have too big a grip on you.

Value System

Your values help shape your attitude.  For example, when you purchase something, does it always have to be new?  Does it always have to be name brand?   Do you always pick an item based on the lowest or the highest price?  Do you think you must have the best of everything?  Are you afraid that you will be looked down upon if you dont keep up materially with your neighbors?  Do you know the difference in paying top dollar for something because it will be an investment or because it will make you look good?   If you understand that material things are not all of what makes up life, then you will go a long way from overspending, and if you dont overspend, then it is easier to come up with that figure of what is "enough", and money will be less of a captor.

Balance

Balance in the whole of life will determine where you spend your money.  Where your money is, your heart will be also.   You can tell a persons determination of what is important by what they spend money on.   I suggest you have a balance between charity, necessities, and want to haves.  You cant spend all your money on charity, any more than you can spend all your money on "want to haves".  This is where the budget master of the house comes in and creates the much needed budget.   Periodically review the budget with your spouse if you are married.  It will help make sure you are balanced in your spending.  If you are balanced, you are one step close to contentment, and money becomes less and less a captor.

Check these three things in your life and within your family.  Determine what is "enough".   Dont let the things of this world captivate you so, that you think you must have them no matter what.   Make sure you have balance in your spending.  Use a budgeting system to achieve balance such as the "Allowance system" which can be used effectively for all members of your family.

That is exactly what just happened to our family.   This change forced us to make some very tough calls concerning our budget, Money and ultimately our lifestyle.   The situation?  Higher school costs, and higer taxes coupled with a reduction in pay at work forced us to re-evaluate our budget.  There were unpopular decisions that had to be made as we downsized ourselves to cope with less income and still pay for the higher cost of school.  This is happening everywhere - the downsizing of people’s budget is not an uncommon thing, in today’s economy.  Yet, we must deal with reality.

These 5 suggestions will help one downsize effectively and make this process as painless as possible.

1. Let as many areas of your budget "Share the Pain" in your downsizing.  In our family, 7 areas helped absorb the extra costs.  Three people’s weekly allowance, the weekly food allowance, the monthly allowance for the next car, charitable giving, and our retirement savings all took a hit to help us keep the budget balanced AND yet achieve an overall balance in life.

2. Evaluate whether you need to possibly look for more work or Money making activities.  It could be as little as weekend work, or as big as a career move, or starting your own business (home business or otherwise).   Remember one of the three ways to make your finances balance, is to make more Money.  The other two being cutting expenses, or making more income and cutting expenses at the same time.

3. Take responsibility and be determined. Dont start spending more than you earn!  Make the necessary adjustments regardless of how painful.  Lots of people, when faced with higher costs, turn a blind eye and just "hope everything turns out OK".  Wrong!  You cannot assume. You cannot hope for a miracle. You must take action and stick to your budget.  And yes, It can be done!

4. Be sure and look long term.   Our decision this month to cut back was the result of looking down the road (14 months ahead to be exact) and realizing there were higher costs ahead.  Look into your financial future as best and as far as you can and look for situations that might need some advance planning.  The sooner you find out that you need to adjust, the easier it will be to make the actual adjustment.  Wouldn’t you rather have 14 months to save for an upcoming expense versus 2 or 3 months?

5. Budget Master, make sure you have the agreemennt of your spouse. Make sure all other family members understand what is happening and why it is happening.  It is tough to downsize.   It is impossible to downsize without your spouse’s support!

Taking action ahead of time, making the proper adjustments, and sticking to your plan will keep you out of trouble.  Times like these make having a plan and a system to keep your plan all the more critical.  "The Allowance System – Wealth Secrets For Adults" will help you create a good financial plan and give you the system that will consistently allow you to stay on top of your finances. 

Best of Success,

 
David Dickinson
Author, Trainer, Educator, Entrepreneur
"The Allowance System FOR ADULTS"

In my latest book – "The Allowance System – Wealth Secrets For Adults".  I teach you how to focus on mastering the critical areas that can make a huge difference in whether you live the desired lifestyle you have always wanted. 

These 7 strategies are part of my over all success system for eliminating debt and becoming financially free:

1.  Become a wise spender.

2.  Create an effective and manageable budget.

3.  Create an allowance system to save your budget.

4.  Save in the three biggest areas you spend Money

5.  Create a sensible plan to get rid of debt.

6.  Accelerate your debt reduction plan.

7.  Get started with your new found savings.

By implementing these steps, you will soon have the knowledge to get started on your new way of financial living. 

Remember this is a journey, a lifestyle change, and these are changes for the betterment of your life.  It is time to change and that time is now!  The changes you start making todaywill greatly affect you in the years ahead.  

Click Here to find out more and to get the step by step process to The Allowance System.

Best of Success,

 
David Dickinson
Author, Trainer, Educator, Entrepreneur
"The Allowance System FOR ADULTS"

The game of Money and Wealth is no different.  You need to have a financial plan that will accomplish your goals. 

Are you spending more than you make? 

Are you spending all of what you make? 

If you answered "Yes" to either of those questions, I would suggest rethinking and coming up with a plan to start mastering your Money so you can stop falling behind.

One such way is to create a budget and use an allowance system for organizing and spending your Money.  It is an essential strategy to effectively gain Wealth and stay out of debt.  Simple and effective, a properly implemented allowance system in your family will give everyone the freedom to buy as they want, and stay within the family budget.

Other major spending areas can also beintegrated into The Allowance System, and your budget will now be a joy rather than a burden.

Best of Success,

 
David Dickinson
Author, Trainer, Educator, Entrepreneur
"The Allowance System FOR ADULTS"

It is more important than ever that you realize that times are tough and may not get easier for a while!  It is more important than ever, to realize you need to change your living and adjust to the times.  It is more important than ever to plan to make sure that you do not fall victim in these times and that you get ahead financially!   Yes, it can be done! Tough times wont last forever, but tough (prepared) people will. You need to make a plan to change your lifestyle and keep your finances afloat.  Those who do not plan will surely suffer for it.

One way to survive this downturn is to make sure all monies are spent wisely. To make sure you spend wisely, a good plan and a good system is needed. 

"The Allowance System – Wealth Secrets For Adults" will help you create a good financial plan and give you the system that will consistently allow you to stay on top of your finances. 

It is now more critical than ever in these tough times not only to be wise spenders, but to build Wealth as well.  Let me show you how and help you today!  Check out my New Book…

Click Here To Find Out More About My New Book…

Not only have I become completely debt free, but I’ve helped several others organize their budgets, implement an allowance system, and get them on right track to financial freedom. And now Ican help you!

Best of Success,

 
David Dickinson
Author, Trainer, Educator, Entrepreneur
"The Allowance System FOR ADULTS"

Good things came to an end when the Money was gone, but we knew the following week we would get more. Oh, for the good ‘ol days when all we had to do was wait for our allowance Money!

While you cannot go back and relive the days of your youth, you can still have an allowance!  This one single action may be the best thing you do towards becoming debt-free.  It is a little, but very powerful idea.  It is so easy, that you could implement an allowance system in your home today!

I am here to ask you (and your spouse if you are married), and to strongly encourage you and your family to have an allowance system for each member of your household.  

We have been using an allowance system in our family for almost 15 years now and no matter what things cost, no matter what we might want to buy, we have always used our allowance to pay for those "nice to have"
items.  The great thing is, that regardless of what things cost, we do not break our budget, and we buy without complaints from anyone else as to what we bought! You will not have surprise purchases from your spouse. It may sound childish, but the facts are that they work when you follow the guidelines.

But don’t take it from me, take it from Jay, in Tennessee USA, who has been using The Allowance System for almost 10 years now.  Here is what he said.  

"It has allowed us to take control of our family budget in a way that we never did before. One of the biggest advantages, however, is the ability to know from month to month exactly what your expenditures are going to be and thus, your budget becomes much easier to manage.  I strongly recommend The Allowance System to help take control of your family budget."

Best of Success,

 
David Dickinson
Author, Trainer, Educator, Entrepreneur
"The Allowance System FOR ADULTS"

What is even better about these places is that they are areas where almost every person spends.  These three areas also happen to be the places you spend the most Money as well.  So if you save, you will save a lot. You can use this advice immediately and for years to come.

The 3 Top Places To Save Are:

A. Grocery Store

B. Buying your next Car

C. Purchasing your next Home

Do your best to save in these three areas.  Imagine saving $5,000-$10,000 every time you bought a car.  Imagine if you could save $10-$20 a week on your groceries.  It would be like getting a $500 raise every year.   $25,000 on your house.   These are big numbers that you do not want to overspend on.

Because these are the three biggest areas most people spend their hard earned Money, "The Allowance System FOR ADULTS" could not in good conscience leave these areas untouched without offering strategies to help you save in these major areas.  Each of these three areas has a chapter dedicated to developing and adopting strategies which will allow for a lifetime of savings in these three big and critical areas.

In addition, we show you how to take your budget and simplify it. Budgeting does not have to be hard!  We also show you how an allowance system, designed for Adults, can be of great benefit to you.

Best of Success,

 
David Dickinson
Author, Trainer, Educator, Entrepreneur
"The Allowance System FOR ADULTS"

Making budgets can sometimes be a challenge for many, and pure boredom for others. We all know that we need not just a budget, but a good budget that will keep us out of trouble.  Long detailed budgets take forever to maintain and keep up with.  There are better things to do in life, than to be tied down to making sure your budget is in line. 

There is a way around this. It is not a magic wand, but it is a new way to organize your finances. In my new eBook, "The Allowance System – Wealth SECRETS FOR ADULTS" we will introduce you to an allowance system. Not the kind you had as a kid, but one that is designed for adults and families. One that is simple and easy to maintain.

The secret is not the allowance itself, but how to use the allowance in a time efficient manner.  Here is a step-by-step process:

Step 1 – Track What You Spend For 30-Days

Step 2 – Make A Budget

Step 3 – Implement "The Allowance System" And Make A Better Budget

Best of Success,

 
David Dickinson
Author, Trainer, Educator, Entrepreneur
"The Allowance System FOR ADULTS"

If you were to ask someone to tell you the best way to end their Money troubles you would probably get a different answer from every person you asked. 

Some would say if they could only win the lottery, others might say if they could just make a few hundred
more dollars a month, or get a nice raise this year.  Others would say to get more education or get a promotion.  Yet still, others might add they need to do better on their budget or even read a good book on finances. 

Yet, the single most important item that helps people get on sold financial footing is not any of the above.
While making more Money certainly does help, it is not the "making" side of the Money equation that ultimately solves the Money dilemma.  It is your spending!  You have heard of the phrase "It is not what you make, but what you spend" that matters.  

Who is better off?  Person A making $100,000 a year but spends $102,000, or person B who makes $50,000 and spends $48,000? 

Person B of course!  Despite making half as much, Person B is $4,000 ahead financially than Person A. If that continues, in 5 short years, Person B is $20,000 ahead. That is enough money to buy a nice used car.

How do you get a grip on your spending?  

It all starts with your mind, and the knowledge that your spending is even more important than your earnings.  Making more money is great and desired, but spending less than what you earn is even more important.   In my New Book,  "The Allowance System – Wealth Secrets for ADULTS",  I talk about ways to get your mind keenly focused so you spend your hard earned money wisely.  I also give you tools to take that knowledge and use it wisely and effectively to accomplish money wisdom and tell you the best places to quickly accomplish your money goals.  

Click Here To Find Out More About My New Book…

Not only have I become completely debt free, but I’ve helped several others organize their budgets, implement an allowance system, and get them on right track to financial freedom. And now Ican help you!

Best of Success,

David Dickinson
Author, Trainer, Educator, Entrepreneur
"The Allowance System FOR ADULTS"