Archive for the ‘Finance’ Category

The Second Job Search

Friday, July 30th, 2010

I am not earning enough meet my goals. It’s time to find second job to earn more money so I can eliminate more bad debt, save for college, and open more opportunities for me.

Retail’s finicky nature just isn’t cutting it. It is a feast and famine industry for those on the lower rungs. I am the fortunate few that works at a company that’s flexible and does its best to take care of their employees. During busy parts of the year, management schedules me for up to 40 hours a week. My hours never go below 20 hours to retain the same healthcare benefits my full-time companions participate in. For that, I am thankful and blessed. I intend to keep my current job and stay with my company for the long-term. It’s a great part-time gig. I can see myself with the company for another five to ten years.

I need to gain experience to move me forward. Future positions I would like to earn requires certain experience, skills, and knowledge. I hope my next job will be a stepping stone towards those positions. I’m lucky enough to possess a large variety of interests and can fit into many roles. I’m seeking a job in public service/customer service, finance/banking, real estate and development, outdoor or finance advocacy, and public policy. I’m willing to interview for positions a step or two below my target position. We all have to start somewhere. We all need to prove ourselves.

I started preparing my job search last Wednesday. I began tweaking my master resume. It looks very good. I’ve sent to a couple of people to get their input. In few days, I will visit Harper College’s Career Center to fine tune it before it goes out in the wild. Running made me healthier. I lost some weight and my business focused clothes are ill fitting. I’ll see if the suits can be salvaged at the tailor. I am in an tough position because I’m training and losing weight. I don’t want to spend too much money on new clothes because I’ll shrink out of them soon. I don’t want to miss an opportunity because I’m being pound foolish with my clothes. I think I’ll buy just enough to get away with it. I’m getting close to my ideal weight. Goodwill and clearance racks, here I come.

A few opportunities have popped up since telling everyone I’ve been searching for another job. My friend Kathie alerted me to a job open house at the local Social Security Administration office. Unfortunately, I was tied up with other commitments but the district manager allowed me to see her.  Others have offered to forward my resume to people they know. Those are good signs in a poor job market. People are willing to help a friend out.

Treating Poor Financial Health

Friday, February 19th, 2010

I know the reasons why I fell into poor financial health.  I know how I got here.  Now I need to develop an action plan to rid me of bad debt and bring me back to financial health.  The treatment needs to be aggressive yet bearable.  I want to liberate myself as soon as possible.  I don’t want to push so hard that I overwhelm myself and quit. My goal this year is to eliminate at least $10,000 in debt this year.  The process is simple.  However, it requires patience, diligence, and effort.

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Eliminating Bad Debt

Friday, January 29th, 2010

Debt is controlling my life like many Americans and other individuals around the world. Instead of being a tool to help be live better, it has become burden that weighs me down and slows my progress in life. This bad debt creates anxiety, worry, and fear.  It’s time to free myself. It is a basic process that takes time, patience, and some effort.  After doing some research and studying the matter, I’ve found that it’s much like curing a disease.  Here are the four steps I will be taking to eliminate bad debt.
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Year 2010 Goals

Saturday, January 16th, 2010

After editing my goals and tightening their focus, three major goals and a few minor goals remained.  I want to run a sub four hour marathon by the end of the year, rid myself of credit card debt burden, and help my cousin get her business idea into a functioning business.  Smaller goals I pursue are quick and simple.  They are the small things that bring balance and harmony in my life such as improving the quality of sleep, keeping my personal space clear of clutter, and sketching blueprints for my future endeavors.

Getting under four hours involves a whole new set of changes from me.  I need to be more dedicated to my chosen sport.  I have to learn a new way of training to get faster.  The unhealthy weight needs to be stripped away slowly.  Shedding the unhealthy weight requires to shift into a healthy diet and spend more time creating a healthy calorie deficit. I believe losing weight will be my biggest challenge while I live with my parents.  Taking small baby steps will get me there.

After the treatment some credit card companies treated me and after reviewing my credit card statements, I decided to become more active eliminating my debt.  Some banks treated me well by keeping my interest rate low.  Others decided to raise the interest rates and cut my credit limit.  I do not want to carry that burden of debt anymore.  My goal is to eliminate at least $10,000.00 in debt this year.

JR approached me with an idea she had last fall.  I thought it had potential and told her to start exploring it.  I asked coworkers what they thought of the idea and they loved it.  As friends of dog owners, I can see her idea thrive as a profitable business.  I want to turn her dream into a reality.

How do you eat an entire elephant?  One bite at a time.   This is how I will be approaching my goals.

The Virtual Garage Sale

Friday, September 25th, 2009

As I clear the slate, I need to do something with the things I no longer use or need.  I want to find them a good home.  I also wanted to reclaim some of the money I spent them.  So I decided to have a virtual garage sale.

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Bike Commuting Experiment

Thursday, June 11th, 2009

I started riding for recreation again.  Lately, I’ve been thinking about commuting on a bike instead of in my car.  I  enjoy driving to work but I also enjoy cycling.  There are so many benefits to commuting on bicycle.  There are many inter-related problems that can be solved by cycling to work.  I just have to work the kinks out of the commute.

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How to Become Wealthy: Maintaining and Living

Friday, May 22nd, 2009

After creating the blueprints and start building your wealth, it’s time to build and maintain our momentum.

Automate, Streamline, and Focus

Streamlining and automating our finances allows us to focus on goals beyond our finances.  It helps avoid fees, frees up time, and redirect energy to other aspects of our lives.  Take advantage of direct deposit from your employer, the automatic bill pay from your utilities, mortgage and credit cards, and devise a plan to invest automatically.  Your life and finances will thank you.

Live Passionately

Honestly, we can’t take it with us when we’re gone.  Give and share in your life.  Leaving a good legacy.  Live your best life now.  Plan, save, and invest so you can live your best life tomorrow.  Living passionately involves your time, material possessions, and your actions.

Tweaking

Life throws a lot of things at us.  It’s important to stay focused and be flexible enough to adjust the plan we created for our goals.  Things change in an instant.  There maybe a period of unemployment, the sudden medical or dental expense, and an unfortunate car accident. Sometimes, you’ll find an opportunity you can take advantage of.

Becoming wealthy steady process of growing and building.   We will enjoy the fruits of our actions tomorrow and today from developing a plan, executing it, and maintaining it .  I will be relearning to be wealthy this summer and taking actions to put me in a good position.   I hope you will join me and look forward to hearing stories of your successes.