Dave Ramsey – 3 Steps Towards Debt Free Financial Independence

Three Pearls of Financial Wisdom From Dave Ramsey

Couples often fight over money problems
and mounting debt. Fight together debt
rather than each other! – Richard Taylor

1. Don’t Worship Stuff

Many people grow up thinking they need stuff to be happy. We often confuse our wants with our needs, and convince ourselves we “need” a big house, a fancy car, and everything else in between.The more we have, the more successful we feel. The problem, however, is that stuff costs money — money we might not have.

In his book, The Total Money Makeover: A Proven Plan for Financial Fitness, Ramsey nails it when he says, “We buy things we don’t need with money we don’t have to impress people we don’t like.” Ain’t that the truth.

Some of us become so obsessed with keeping up that we sacrifice our future financial health and willingly go into debt just so others will think we’re successful and can afford a certain lifestyle. However, the joke’s on us because this type of thinking gets us nowhere financially — and fast.

The best thing you can do for your money is stop worrying about the opinions of others and realize stuff doesn’t make you happy or richer. Ramsey encourages “living substantially below your means.” Just because you make $75,000 a year doesn’t mean you have to spend $75,000 a year. Simplicity is key to acquiring financial freedom.

2. Build a $1,000 Emergency Fund — Now

According to Ramsey, this is the first step to financial stability. This doesn’t suggest you can’t have more in your emergency fund. Like many other financial experts, Ramsey speaks about the importance of having a sizable cash cushion — at least three to six months of income. But since this takes time, Ramsey’s Financial Peace University program recommends baby steps and starting with a $1,000 emergency fund.

This ensures enough cash to handle life’s curveballs, so you don’t have to rely on credit cards. This might come as a shock, but building a small emergency fund takes priority over paying off debt (although you’ll still need to make minimum debt payments while growing a small emergency fund).

Do whatever you can to build this emergency fund. For example, sell stuff you don’t need at a yard sale, work overtime, or get a side hustle. The idea is to fund this account as soon as possible. You’ll enjoy peace of mind knowing you can handle an emergency, and it’s only after building an emergency fund that you can start improving other areas of your personal finance.

3. Don’t Be a Slave to a Lender

We live in a world where anything can be financed — from electronics to houses. And some people fall in the trap of thinking they can afford something as long as they’re able to make the minimum payments.

Ramsey’s financial philosophy revolves around living debt-free. He’s a big believer in not carrying any type of debt, including an auto loan and a mortgage. In fact, he says he would rather ride a bike than take out a car loan.

In his book, Financial Peace Revisited, Ramsey says, “We want it all, and we can borrow to get it all, before we can afford it all.” For some, getting a loan or credit card has never been easier. But the more debt you have, the more you have to work, and the less money and time you’ll have to enjoy your life.

Once you have a small emergency fund, Ramsey says it’s time to tackle your non-mortgage debt. Not just your credit card debt — all of your debt. He feels that debt-free living isn’t just about paying off revolving debt, but also paying off student loans and car loans.

He recommends the debt snowball method, in which you pay off your smallest balance first. You’ll make large payments toward this debt every month, while making the minimum payments on all your other debts. After you get rid of the smallest balance, take the money you were using to pay off this balance and apply it to the next smallest balance, and so on. You’ll eventually pay off your debts, at which point you can start increasing your $1,000 emergency fund, aiming for three to six month’s worth of income.

After paying off debt and building a “real” emergency fund, Ramsey puts the focus on your mortgage and encourages paying off this debt as fast as you can. Becoming mortgage-free might feel like a stretch, but since you don’t have other debts hanging over your head, you’re able to increase your mortgage payments without breaking a sweat and pay off this debt years sooner.

That’s the American dream if I’ve ever heard of it.

By Mikey Rox on 16 July 2015

Source: http://www.wisebread.com/3-pearls-of-financial-wisdom-from-dave-ramsey

Compliments:

Director Richard Taylor BS, CAMF
Certified Anger Management Facilitator
Diplomate American Association Anger Management Providers

Atlanta Anger Management
5555 Glenridge Connector
Suite 200 (2nd Floor)
Atlanta, Georgia 30342 USA

Office Phone: 678-576-1913
Fax: 1-866-551-1253
Web: www.atlantaangermanagement.com
E-mail: richardtaylor5555@gmail.com

Linked in:http://www.linkedin.com/in/richardtayloraam

#1 Certified Anderson and Anderson™ Anger Management Provider
The Best Of The Best In Anger Management & Emotional Intelligence

Anxious – Book – 4 Coping Strategies

TaiLopez.com Book Of The Day

Anxious: Using the Brain to Understand and Treat Fear and Anxiety
by Joseph LeDoux
Link: http://amzn.com/0670015334   Amazon

If you are expecting a quick and easy read, this is not the book for you. On the other hand, if you are an educator or interested in learning historical psychological concepts and treatment of mental health disorders and treatment, you may find the premises in this textbook both interesting and refreshing.1

1. Just take a deep breath: “This folk wisdom has a grain of truth to it. During stress the sympathetic nervous system dominates, overshadowing the parasympathetic system. But when one breathes slowly and deeply, “The vagus nerve, becomes more active and the balance between the sympathetic and parasympathetic system improves.”

2. Focus less on self by meditating: “Our conscious self will do almost anything to maintain the independence, power, control, or success that it has achieved, even if to do so other people, other cultures, or the world has to suffer. A healthier approach is to let go of the ‘absolute self’ that we construct and recognize our broader role in life.”

3.  Combine self-exposure with proactive avoidance: If you have fear of crowds, “Rather than forcing oneself to ride out anxiety at a dinner party, use anxiety control strategies, such as relaxation and active coping (like trips to the bathroom or stepping out to make a call) that enable regrouping before reexposure.”

4.  Hang out with resilient, non-anxious people: “Resilient individuals tend to have a large repertoire of active coping options.  We’re able to use observation and instruction to explicitly learn to avoid. We create avoidance concepts or schemas, and when in danger we draw upon these stored action plans.”

If you are naturally a worrier you can change: “Although some people are by their nature’s more anxious than others, ever increasing anxiety doesn’t have to be their destiny. Just as the brain can learn to be anxious, it can also learn to not be that way.”
Stay Strong
Tai

Amazon – Most Helpful Customer Reviews

Format: Hardcover Vine Customer Review of Free Product ( What’s this? )

Some reviewers say that the book is too academic for them, but the description on the cover clearly states that this “explains the science behind fear and anxiety disorders.” Maybe these reviewers were expecting another soft new age psychology book. Rather, this is a refreshing different perspective from real neuroscience breakthroughs in understanding this problem. The examples from the book below show that the language is easy to understand for any level audience, ranging from high school to university research professor.

The first half of this book is a wonderfully exciting journey through the mechanisms of the brain, explaining how the biology of fear and anxiety works, in a way that is easy for anyone to understand. The book ventures into cutting edge research, so even someone with a neuroscience or medical background would benefit from this as a knowledge refresher. The second half of the book describes pros and cons of the traditional therapy approaches, and the author’s recommendations for improved strategies based on the latest research advances in understanding the contribution of the conscious mind and higher levels of thinking to anxiety problems. On page 252:

“Putting Conscious Experience Front and Center in the Science of Anxiety
As I have argued, the essence of anxiety is the unpleasant feeling — the apprehension, dread, angst, and worry — that one experiences when he perceives he lacks control in situations of uncertainty and risk. It is a by-product of our unique ability to envision our future self and especially to anticipate unpleasant, or even catastrophic, scenarios regardless of their likelihood..”

The book explores a variety of techniques, including learning to control anxiety through meditation.Read more ›

Comment

Thank you for your feedback.

Format: Hardcover Vine Customer Review of Free Product ( What’s this? )

While Joseph LeDoux states in the preface that he negotiated his way out of the textbook format to work with Viking editor, Rick Kot and write “Anxious: Using the Brain to Understand and Treat Fear and Anxiety” this is clearly a college level psychology textbook. It is a researched based study of the science behind fear and anxiety disorders.

Following the preface are 317 pages broken down into 11 chapters with ample figures and tables. Pages 310 through 360 are chapter notes while pages 361 through 451 compose a detailed bibliography.

I was surprised by the format of this book; however, as an avid reader of both self-help and textbooks dealing with psychology and mental health issues and treatment, I found this an interesting and easy to follow review of historical psychological concepts that I have learned in the past, as well as concepts that are new to me in in the study of the biological and cognitive human brain and environmental factors impacting human feelings, behavior and mental health, as well as medical treatment and therapy.

One example is the author’s statement that “anxiety” (meaning feelings fear or apprehension about what might happen in the future) is the price humans pay for autonoetic consciousness. I learned that the concept of autonoetic consciousness centers on self-awareness, self-analysis and our ability to think about our past and present thoughts, emotions and experiences and relate them to present and future events. While that gift enables us avoid danger and learn from our experiences, sometimes it causes undo fear and anxiety.

If you are expecting a quick and easy read, this is not the book for you. On the other hand, if you are an educator or interested in learning historical psychological concepts and treatment of mental health disorders and treatment, you may find the premises in this textbook both interesting and refreshing.

Enjoy!

Compliments:

Director Richard Taylor BS, CAMF
Certified Anger Management Facilitator
Diplomate American Association Anger Management Providers

Atlanta Anger Management
5555 Glenridge Connector
Suite 200 (2nd Floor)
Atlanta, Georgia 30342 USA

Office Phone: 678-576-1913
Fax: 1-866-551-1253
Web: www.atlantaangermanagement.com
E-mail: richardtaylor5555@gmail.com

Linked in: http://www.linkedin.com/in/richardtayloraam

#1 Certified Anderson and Anderson™ Anger Management Provider
The Best Of The Best In Anger Management & Emotional Intelligence

World Population 7.3 Billion – Population Pyramid

WORLD POPULATION PYRAMID

http://populationpyramid.net/world/2015/

World Population: 7.324.782.000 (7.3 Billion) | 2015

A population pyramid, also called an age pyramid or age picture diagram, is a graphical illustration that shows the distribution of various age groups in a population (typically that of a country or region of the world), which forms the shape of a pyramid when the population is growing.[1] It is also used in ecology to determine the overall age distribution of a population; an indication of the reproductive capabilities and likelihood of the continuation of a species.

It typically consists of two back-to-back bar graphs, with the population plotted on the X-axis and age on the Y-axis, one showing the number of males and one showing females in a particular population in five-year age groups (also called cohorts). Males are conventionally shown on the left and females on the right, and they may be measured by raw number or as a percentage of the total population.

Population pyramids are often viewed as the most effective way to graphically depict the age and sex distribution of a population, partly because of the very clear image these pyramids present.[2]

A great deal of information about the population broken down by age and sex can be read from a population pyramid, and this can shed light on the extent of development and other aspects of the population. A population pyramid also tells how many people of each age range live in the area. There tends to be more females than males in the older age groups, due to females’ longer life expectancy.

In many countries, the government plans the economy in such a way that the working population can support these dependents. This number can be further used to calculate the dependency ratio in that population.

Population pyramids can be used to observe the natural increase, birth, and death rate.

Reference:

1.) Population pyramids of the world from 1950 to 2050

2.) Department of Health Home

 

 

Compliments:

Director Richard Taylor BS, CAMF
Certified Anger Management Facilitator
Diplomate American Association Anger Management Providers

Atlanta Anger Management
5555 Glenridge Connector
Suite 200 (2nd Floor)
Atlanta, Georgia 30342 USA

Office Phone: 678-576-1913
Fax: 1-866-551-1253
Web: www.atlantaangermanagement.com
E-mail: richardtaylor5555@gmail.com

Linked in: http://www.linkedin.com/in/richardtayloraam

#1 Certified Anderson and Anderson™ Anger Management Provider
The Best Of The Best In Anger Management & Emotional Intelligence

Coffee And Anger: Any Cause/Effect?

Coffee And Anger: Any Cause/Effect?

Can Too Much Caffeine Cause Anger & Confusion?

Last Updated: Jun 23, 2015 | By Lynne Sheldon.

Caffeine has its benefits: It reduces fatigue, stimulates your nervous system and helps you stay alert. However, consuming it in excess has drawbacks; if you drink too much caffeine, you may experience side effects like irritability, nervousness and even anger and confusion. Talk to your doctor about reducing your caffeine intake, and cut back if your consumption is causing you more harm than good.

Side Effects of Caffeine

Your body absorbs and distributes caffeine rapidly after you consume it, and it does not continually circulate in your bloodstream but is excreted through your urine, explains the University of Iowa Hospitals and Clinics. Caffeine provides temporary relief from drowsiness, but it also has some negative side effects. These include feelings of anxiety and restlessness, as well as irritability and anger. If these feelings get in the way of your ability to function and pay attention, you may then experience confusion as well. Too much caffeine can also cause a rapid heart rate, digestive upset and muscle tremors.

How Much Is Too Much?

A moderate dose of caffeine is defined as 200 to 300 milligrams a day, and this translates to 2 to 3 cups of coffee, according to MedlinePlus.com. For most people, this amount is unlikely to cause harm. Heavy consumption is defined as more than 500 to 600 milligrams a day, and it is this amount of intake that is most likely to cause anger, confusion and other adverse symptoms. But some people are more sensitive to caffeine and its effects than others. So even if your consumption is within the moderate range, you should still consider cutting back if you are experiencing negative effects.

Caffeine Content and Ways to Reduce

Caffeine may be in more items than you think — coffee, caffeinated tea, chocolate, cocoa and some sodas all contain caffeine. Certain pain relievers, cold medicines and appetite suppressants may also contain caffeine. If you need to cut back on your caffeine intake, do this over the course of several days or weeks. For example, try lessening your intake of coffee by 1 cup each day, or less if you find you are experiencing withdrawal symptoms. Reducing your intake too quickly can cause negative effects as well, which may make you feel even angrier and more confused than when you consumed caffeine.

Additional Considerations

Keep in mind that certain medications, such as antibiotics, as well as herbal supplements like echinacea can increase caffeine’s concentration in your blood, resulting in heightened negative side effects like anger and confusion. Never stop taking your medications or otherwise altering your diet without first discussing these changes with your health-care provider. People with coronary heart disease or peptic ulcers may have to limit or eliminate their caffeine intake to avoid potential health complications, according to Drugs.com.

Source: http://www.livestrong.com/article/488967-can-too-much-caffeine-cause-anger-confusion/

 

Why Coffee Causes Irritability and Anxiety

Last Updated: Jan 08, 2014 | By Dr. Heidi Moawad.

For many, coffee is an eye opener, a pleasant break or a way to make a social connection. However, anxiety and irritability sometimes occur in conjunction with drinking coffee. People who are not regular coffee drinkers are more prone to these side effects, according to an August 2010 study report published in “Neuropsychopharmacology.” A number of research studies have examined this relationship. Coffee contains many chemicals, but caffeine is the one responsible for causing anxiety and irritability.

Caffeine and Irritability

Irritability is an unpleasant feeling of being overly sensitive to stimulation and easily annoyed. The caffeine found in coffee can produce a heightened sense of perception by stimulating the brain. This effect makes a person more aware of mild annoyances, thereby increasing irritability. Caffeine withdrawal in someone used to consuming large amounts of coffee or other caffeinated beverages can also cause irritability.

Caffeine and Anxiety

Anxiety is a sense of apprehension and unease. The same chemical process in the brain that causes the benefits of intensified alertness can actually serve as a double-edged sword, increasing anxiety by making you more aware of all the potential negative outcomes in a situation.

Variable Responses

The impact of coffee on anxiety and irritability is individualized. The chemicals in coffee trigger a range of emotional responses, depending on a person’s coffee drinking habits, body weight, metabolism and baseline mood. People who have had less exposure to caffeine or who regularly experience more than usual anxiety and irritability — even in the absence of coffee — tend to have a stronger response to the effects of coffee. There is also a genetic component to an individual’s response to coffee intake.

Source: http://www.livestrong.com/article/368997-why-coffee-causes-irritability-anxiety/

 

Suggestion: If you think too much coffee is increasing the anger response, why not try cutting back on coffee consumption and see what happens? Do it slowly, one cup a day less…

Leave feedback on your journey….

CONTACT:

Director Richard Taylor BS, CAMF
Certified Anger Management Facilitator
Diplomate American Association Anger Management Providers

Atlanta Anger Management
5555 Glenridge Connector
Suite 200 (2nd Floor)
Atlanta, Georgia 30342 USA

Office Phone: 678-576-1913
Fax: 1-866-551-1253
Web: www.atlantaangermanagement.com
E-mail: richardtaylor5555@gmail.com

Linked in: http://www.linkedin.com/in/richardtayloraam

#1 Certified Anderson and Anderson™ Anger Management Provider
The Best Of The Best In Anger Management & Emotional Intelligence

 

Read a Book a Day

Read a Book a Day

Tai Lopez explains how to read a book a day, often within 10 -30 minutes.
He reads a book a day having read over 50,000 books. Did not graduate
from college and earns in the millions. What are you waiting for? Christmas?

BIGGEST MYTH: Read a book start to finish.

Skim a book 3 X.

SPEED READING RULES
#1 : Skim the book for 1-2 minutes (Overview)
#2 : Power Skim first few pages, table of contents, mark pages for 5-10 minutes
#3 : Deep Skim Read for 1 to 3 golden nuggets; the knowledge of Why the Book was written. Memorize the Single Golden Nugget. Read the end of Chapter Summaries, the summation of the book.
#4 : Use Books As Reference Guide, re-read as needed or as resource documentation.

more info: TaiLopez.com

This is part of The LEADERSHIP SERIES.

CONTACT:

Director Richard Taylor BS, CAMF
Certified Anger Management Facilitator
Diplomate American Association Anger Management Providers

Director Richard Taylor

Director Richard Taylor

Atlanta Anger Management
5555 Glenridge Connector
Suite 200 (2nd Floor)
Atlanta, Georgia 30342 USA

Office Phone: 678-576-1913
Fax: 1-866-551-1253
Web: www.atlantaangermanagement.com
E-mail: richardtaylor5555@gmail.com

Linked in: http://www.linkedin.com/in/richardtayloraam

#1 Certified Anderson and Anderson™ Anger Management Provider
The Best Of The Best In Anger Management & Emotional Intelligence

 

 

EQ – Reframing – Unconditional Positive Self Regard

Unconditional Positive Regard

Published on Oct 13, 2014

This talk was given at a local TEDx event, produced independently of the TED Conferences. Michelle shares her personal journey towards Unconditional Positive Regard and self acceptance through the lens of parenting. This is a story about relationships and ultimately the relationship you have with yourself.

Michelle Charfen has had a lifelong passion for learning. She was fascinated by the human body and from an early age dreamed of becoming a physician. In high school, she began tutoring students, discovering a love of facilitating learning for others as well. She would eventually study Human Biology as an undergraduate at Stanford, teach preschool during the summer vacations, and spend the year after graduation teaching at an elementary school in East Palo Alto.

Michelle’s childhood dream was finally realized upon attending Harvard Medical School. She then completed a residency in Emergency Medicine at Harbor-UCLA Medical Center, followed by a research fellowship during which she obtained a Masters of Epidemiology from the School of Public Health at UCLA. Teaching medical students and residents in an academic environment was perfectly suited to her enthusiasm for constant learning. In 2008, she stepped down from her faculty position as an Assistant Professor at the UCLA School of Medicine to devote this period of life to her growing family while continuing to work part time in Emergency Medicine.

Her personal journey, struggles, and successes as a parent organically led to an interest in supporting other families. Michelle completed the Parent Educator Certification Program through Echo Parenting and Education, and now combines this training with her previous experience and knowledge to help others learn effective tools for compassionate communication.

About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

1. Slow Down
2. Be Gentle With Yourself
3. Walking Towards What You Want
4. Accept Myself No Matter What
5. Embrace Mind Change Concept

Emotional Intelligence = EI = Emotional Quotient = EQ

Find out your EQ by taking the MHS EQ-i 2.0 Assessment
and learn where you are. Then embrace change and grow into the new improved you!

Richard Taylor will coach you into better skills sets:

EQ-i2.0 Model

EQ-i2.0 Model

EQ-i 2.0 Scales

EQ-i 2.0 Scales

 

  • Self Regard
  • Self Actualization
  • Emotional Self Awareness
  • Emotional Expression
  • Assertiveness
  • Independence
  • Interpersonal Relationships
  • Empathy
  • Social Responsibility
  • Problem Solving
  • Reality Testing
  • Impulse Control
  • Flexibility
  • Stress Tolerance
  • Optimism

CONTACT IN ATLANTA:

Director Richard Taylor

Director Richard Taylor

Director Richard Taylor BS, CAMF
Certified Anger Management Facilitator
Diplomate American Association Anger Management Providers

Atlanta Anger Management
5555 Glenridge Connector
Suite 200 (2nd Floor)
Atlanta, Georgia 30342 USA

Office Phone: 678-576-1913
Fax: 1-866-551-1253
Web: http://www.atlantaangermanagement.com
E-mail: richardtaylor5555@gmail.com

Linked in: http://www.linkedin.com/in/richardtayloraam

#1 Certified Anderson and Anderson™ Anger Management Provider
The Best Of The Best In Anger Management & Emotional Intelligence