How to Pay Your Rent without Going Broke

For many people the 1st of the month is a stressful time. No partying that weekend. No eating out. No shopping sprees. Kids have to stay in the house…

It’s time to pay rent.

Too many people are out here broke around the 1st of the month because they just paid their rent. They say they have no money because they gave the majority of their paycheck to the landlord. I’ve run into this so much that it’s become obvious to me that this must be really common.

If this applies to you then here’s my simple piece of advice for you to stop this madness:

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What to do in a 3 paycheck month

Twice a year the typical employee gets to experience something magical.

The 3 paycheck month.

3 paychecks in 1 month! Always a cause for celebration. Or at least it feels that way.

It’s easy to get excited about that extra paycheck. It’s like free money. Who wouldn’t get excited about free money?

It’s free money!

(Well, it isn’t free money. You had to work for it.)

It can feel like found money even though it isn’t. And who’s going to miss found money if it gets wasted?

Try something different.

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6 Reasons Why You Need Life Insurance

Most adults don’t have life insurance. This is unfortunate because life insurance is an important part of any financial plan. Life insurance is vital for anyone who has people depending on them financially.

The main reason people don’t have it is because it’s connected to death. No-one likes to think about their own death but it’s going to happen to all of us sooner or later. We all need to be prepared for when that day comes.

Too many people are walking around without life insurance and thinking that they don’t need it. If you have children then you definitely need it.

The money isn’t for you, it’s for the ones you leave behind. Your responsibility to your family doesn’t end when you die. If you’re wondering if you really need life insurance then here are 6 reasons why:

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Stop Being Scared of Ghosts: Jay Morrison’s Jay Walk episode 2

On the second episode of Jay Morrison’s Jay Walk YouTube series he advises everyone to “Stop Being Scared of Ghosts” (see video here).

This is really good advice that almost everyone needs to hear. What he was talking about is the tendency of people to be afraid of things that might happen. Too many of us stress over potential bad news or negative outcomes.

Don’t be afraid of things before they actually happen

This is the main point of the video and relates closely to the first episode of his Jay Walk series.

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Never Tell Yourself No: Jay Morrison’s Jay Walk episode 1

2yD7BRE1_400x400Recently Tulsa Real Estate Fund founder Jay Morrison started a new video series on Youtube called Jay Walk. It’s his way of giving advice to the Black community on how to maneuver successfully in life and business. The first video in the series was called “Never Tell Yourself No!” (click here to watch)

I thought it was really good advice and needs to be shared. This is a concept that most of us need to internalize. I know that I need to.

Here are the key takeaways:

Never quit before you start

This is the major point that Jay is trying to make. Never telling yourself no doesn’t mean go out and buy yourself whatever you want on impulse or never delaying instant gratification.

What he meant was that you should never give up on something you want to achieve before even trying. Too many people don’t try big things because they talk themselves out of it. Personal development expert Brian Tracy says that people attempt their goals an average of less than one time.

Less than one time.

That’s crazy.  People quit before they even start. This is due to a lack of self confidence.

Don’t let that be you. Continue reading “Never Tell Yourself No: Jay Morrison’s Jay Walk episode 1”