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Wealthy Mind

Well, its official. I have turned in my two week notice at my current position and I am pursuing other options. We have enough of a padding to last long enough for me to sort this out. (My fear is talking there)

I’m very happy about this first decision and I have lots of options. Nonetheless, I am very much struggling with this life decision. The lucky part is that I can actually make this choice with the career path that I have in web design and online marketing. Here are my options:

Option 1: Accept a FT Corporate Job - The “Logical” Choice

Pros

  • Steady income to support my family, benefits (health, dental, paid time off)
  • Opportunity for learning from others and new environment
  • Career growth potential
  • Escape from the cubicle and florescent lighting

Cons

  • Not enough time to do my freelance work, be a mom, take care of the house, etc
  • Potential to be ‘more of the same’ in terms of politics and personalities
  • 401 K hasn’t been a reliable investment vehicle for retirement

Option 2: Accept PT Work + Freelance/Businesses - The “Tempting” Choice

Pros

  • Flexible hours, variation in work
  • Ability to pursue many projects and avenues (web, businesses, writing)
  • Pontenial to be happier by feeding my creative outlets, feeling of acomplishment
  • Ability to help many small businesses and increase networking
  • Ability to be there for my daughter more, especially when she is sick

Cons

  •  Inconsistent income, no protection from month to month, no paid time off
  • Have to work at ensuring I have additional work
  • Location of jobs may vary, though remote is very possible in my industry
  • Administrative duties increase, have to take care of own taxes, health, investments
  • Might be lonely working alone majority of the time

I want to live every day as if it was my last. I want this thing called life to matter. And I don’t know how I’ll ever be able to do that if I can’t do more of the things that I want to do with my time. Having a little 2 year old means that I don’t have any ‘down time’. The time I have is absolutely precious.

But whether I’m following my heart and whether I’m taking care of my responsibilities might be two separate things. I am the sole bread winner right now in our household. Is this just a timing issue or is it the right time to make the leap?

I’ve made a hard choice which is to quit my job to start to really craft the life that I want to lead. But now I need to get more specific and really play out what my life will look like depending on what path I choose.

If there’s one thing I’ve learned it is that there are no black and white answers. I’ve  also learned that people are willing to be flexible working with you if they truly value what you offer.

Often times its fear that prevents us from taking a leap. If I can get past the fear, what choices would I make?
Option 2 hands down. Can and should I overcome this fear?

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How to Save Money Dying Your Own Hair

March 4, 2010

Dying Your Hair at Home without it Turning Green or Orange

HairThis post is for the ladies, but if you’re a guy, send it to your friends, girlfriends or wife, they’ll thank you!

First off a note: Use this ‘advice’ at your own risk. I take absolutely no claims for your own use or misuse of hair dying products. This post is simply a few tips I’ve learned that have helped me save some money without compromising my style too much.

I have experimented with dying my own hair for years now, and I’m not going to lie, I have had some green and orange experiences.

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Many Popular Financial Advisors Don’t Have Kids

February 4, 2010

I am curious if life is made up of Either / Or choices or if it is truly possible to have life full of ANDs. I’d like to believe it is possible to keep adding ANDs to your life, yet I know that at some point your plate gets full and you have to take things off.

So, what do I mean by and AND life versus and OR life?

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Confidence, Purpose and Marketing: Ingredients for Success

January 28, 2010

I had the privilege of listening to a thoughtful free webinar by “conscious” entrepreneur Max Simon in which he interviewed Vishen Lakhiani on the concepts of creating a wealthy mind. He also spoke about how to turn a business from performing so-so to really reaching a ‘turning point’.

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My Greatest Financial Fears Explained

January 21, 2010

One of the things that many of the financial gurus tell you is necessary to reach financial freedom is to be able to free your mind from the fear and worry you feel about the future. It would be nice if we control our future, but its very difficult to do because of all of the unknowns and external factors. Without control, comes uncertainty. With uncertainty, often comes fear and worry.

The realities of adult life have left me with more responsibilities than I originally knew I signed up for, and it makes it rather difficult to find peace. Nonetheless, I am finding inspiration and making much more conscious decisions with my money and choices since I started this blog. In order to confront my largest fears, and give myself a chance to push past them, I’m documenting them below.

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Review of GratitudeLog – “The Happiest Place on the Internet”

January 19, 2010

GratitudeLog.com is a fun social site that takes the basic concept of short updates from sites such as Twitter, and applies it to a specific concept, Gratitude.

You are able to mark someone’s comment as “Awesome!” or reply to it. You can follow people and they can follow you. Beyond that, you can send people “Appreciation” gifts (for free), which are simply little icons with a thoughtful note (like you can send on Facebook).

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Move Your Money Local Banking & Choosing to Spend Local

January 16, 2010

I’ve noticed a lot of blog posts and a growing movement on Twitter and the blogosphere about the topic: “move your money.” (See the site: MoveYourMoney.info). Full disclosure: I work for a local credit union in my area, and I prefer the credit union not-for-profit business model. I typically try to avoid any direct reference to where I work because that’s not what my journey is about, its about my personal finances. However, I wanted to take a moment to aknowledge the concept of “going local” with anything you buy, including where you choose to bank. To me, going local is an important part of making conscious decisions and choosing where and how to spend your money. Choosing to shop local has many benefits which I will explain in a moment.

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Does Opportunity Come to You or Do You Have to Create It?

January 12, 2010

In the past, I’ve often felt jealous or a bit resentful when I look at certain other people that seem to have everything in life fall into thier lap. I always thought that beauty, jobs, boyfriends, and the works seem to just naturally happen for some people more than others.

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Truly Free eBooks for Wealth, Inspiration and Education

January 10, 2010

It can be hard to find any summarized information online for personal finance education without having to give away your email address or buy something. Often times, ebooks offer a great compressed version of key information from people’s blogs or books.

Here are some great resources that I have found that offer truly free ebooks or PDFs of some very useful information and education on personal finance and a wealthy mindset. (Some of them do want to sell you something also, but you can still get these for free without purchasing anything).

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5 Steps to Happiness with a Personal Finance Twist

January 6, 2010

I came across five simple steps to be happy and appreciated the simplicity of them. Often times, greed and corruption overcome people’s desire to do good when they are on a quest toward financial freedom. If your moral and/or ethical compass is overlooked or compromised on your journey to earn more and save more, you risk the loss of balance in other areas of your life, such as happiness and fulfillment.

So, the following are my thoughts on how to combine your quest for financial fitness with your quest for happiness using these 5 simple steps.

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