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Giving Yourself Permission to Spend

vacation.jpgBigg success is life on your own terms. The five elements of bigg success are money, time, growth, work and play. Today we want to focus on money.

Some people struggle to save money in the first place because they love to spend it. Other people have no trouble saving it, but they get uncomfortable spending it.

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georgeI grew up with one of each. I’ve never seen research on this, but I bet that happens fairly often. Mom was a saver and Dad was a spender. I learned from both of them.

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marylynn
So I know the answer to this, George, but share with everyone which one you are.

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georgeI think I’m both so I face this internal battle – there are times when I swing to the savings side; there are times when I lean toward spending. The challenge for me is not letting it get out of balance when I shift one way or the other.

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marylynnBoth of us tend to spend on small ticket items. We’re not bigg ticket buyers so we can completely relate to one of our readers, Paul.

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Bigg question

Paul sent us an e-mail about his dilemma. He’s a regular saver, but he has trouble spending it – especially on bigg ticket items. For example, he could comfortably take a vacation but he’s not sure if he should pull the money out of savings. He wants our advice.

Bigg solution

Reading between the lines, it sounds like Paul wants to spend the money but he’s afraid he’ll need it for something else. Here’s the bigg solution:

Set up a separate account dedicated to the next bigg purchase you want to make. Set aside a portion of what you save in this account.

Right now, you’re implicitly saving for these things, Paul. By planning for your purchase and explicitly saving for it (i.e. by stashing money for it in a dedicated account), you’ll feel comfortable buying it once you’ve accumulated enough money.

Since you’ve been saving all along, Paul, consider taking a portion of the money you have in your general savings account and seeding this account with that money. You may feel you have enough to take that vacation now. If that’s the case, go for it! Then use this separate account for your next bigg ticket item.

Live (a little) in the moment

It’s important for all of us to save for our future. It’s also important to live a little in the moment and enjoy life along the way. Otherwise, we risk forgetting why we’re doing what we’re doing.

So Paul’s going to save for a vacation. If you can’t afford that right now, plan for a weekend away. If that’s going to stretch your budget too much, plan for a nice dinner out this month. Maybe even that’s too much … plan for a nice meal at home. Make it an event. Every day … every hour … every moment is precious. Don’t fall into the trap of living too much for the future. Strike a healthy balance between now and then. That’s living bigg!

How do you save for bigg ticket items?

Share that with us by commenting below, calling us at 888.455.BIGG (2444) or e-mailing us at bigginfo@biggsuccess.com.

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Please join us next time when we discuss getting your employees to take a step toward personal leadership. Until then, here’s to your bigg success!

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Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00401-052509.mp3

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(Image in today's post from vranarc)

Free Food and Fun with Friends

clown.jpgBigg success is life on your own terms. There are five elements of bigg success – money, time, growth, work and play. Today we’ll focus on play.

As the song says, “Girls just want to have fun.” So do bigg girls and bigg boys.

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Spending time without spending money

One of the greatest joys in life is spending time with close friends. These days we’re being careful with our money which can sometimes create a challenge in spending time with friends.

For example, do you stay in or go out? If you go out, are you excluding some friends by going to a certain restaurant or choosing a specific activity? One or more of your friends may not be able to afford it.

The great thing about spending time with friends is that you don’t have to spend any money at all if you don’t want. It’s about spending time together.

A pantry potluck

One of our friends had a great idea. You can have some fun with friends and clean out clutter – in your cabinets and freezer – without spending any money. How’s that for a killer combination?

Organize a “pantry potluck.” Here’s how it works – Plan a date to get together. For your meal, everyone prepares at least one dish from ingredients they already have in their kitchen.

Get creative. Dig deep in your freezer. Check the back of your cabinets.

It’s essentially a free meal for everyone because the money’s already been spent!

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marylynn
I think it would be hard not to spend money on something new.

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george
I’m not surprised to hear you say that, Mary-Lynn!

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marylynnWell, off the top of my head, I’m just thinking about what we have. Fritos but not even a full bag. Cake mix but no frosting.

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georgeBoy, Mary-Lynn, I can tell I do most of the cooking around here. I think we have a lot of things that would be perfect for a pantry potluck.

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marylynnSo we checked out our freezer. We have a bag of French fries but, just as I suspected, there was only about a third left.

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georgeYeah, but we also have a full bag of meatballs. They would be great for a potluck. And there’s a lot of chicken. In our cabinets, there’s a cream of mushroom soup can – that would be good with the meatballs. Oh, and cream of chicken and herb soup – I’m thinking chicken casserole of some sort. There’s marinara sauce so we could do the meatballs two ways.

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marylynnI also see a can of tuna and some tuna helper. I guess you were right, George. We do have a lot of options for the pantry potluck.

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georgeSince Mary-Lynn was worried about frosting for the cake, I remembered that we had cream cheese in the refrigerator. So we looked up a recipe for cream cheese frosting; it turns out that we have everything we need – butter, vanilla, and powdered sugar.

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marylynnI’ve never made cream cheese frosting before. I sure hope our friends don’t mind being the guinea pigs!

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Ramp it up

Now here’s the bigg idea. If you want to ramp up the fun even more, have a contest. You may vote on the most original dish, the tastiest, the most home-made or any other category you might like.

You can even up the ante by choosing a theme and asking everyone to bring a dish that goes along with that theme. Now your creativity will get pushed even more but it might make it more fun.

That’s the whole reason we’re talking about this. You can have fun with your friends, clear out clutter and not spend any money all while improving creativity skills. That’s a lot of synergy. That’s bigg success!

What’s in your pantry now that you could take to a potluck?

Thank you so much for reading our post today.

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Get the tips and tools you need to be a BIGG success.
Subscribe to the Bigg Success Weekly – it’s FREE!

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Please join us next time when we discuss a bigg question from one of our listeners. He wants to know if he should pay down his mortgage or make some home improvements.

Until then, here’s to your bigg success!

Subscribe to The Bigg Success Show in iTunes. 

Subscribe to the Bigg Success feed.

Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00390-050809.mp3

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The Bigg Idea Behind Bigg Success

life on your own termsLast time, we introduced the five elements of bigg success – money, time, growth, work and play. Today, we want to talk about the bigg idea behind our definition of bigg success, life on your own terms.

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1 + 1 = 3

We saw an opinion recently that “synergy” is an outdated word. We disagree. When synergy exists, the whole is greater than the sum of the parts.

1 + 1 = 3. It doesn’t work in mathematics, but it does happen in our lives. With the right elements in place, a tiny spark can turn into a full-blown fire.

The bigg idea

That’s the bigg idea behind bigg success – finding ways to sync the five elements so we reach bigg success, life on our own terms, faster than we could otherwise.

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marylynnHere’s a very simple example of how these five elements come together. I want to take a course on CSS to improve my web design skills. That’s growth. It’s going to cost me a little bit of money. It’s also going to cost me quite a bit of time. But this new knowledge will allow me to get more work, which will help me make more money so I can travel more. That’s play! In the short term, it will cost me time but in the long term, it will me save time because I’ll be able to work more efficiently. That’s synergy!

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By thinking about the whole – all five elements together – and working on them all at once, we find solutions that we couldn’t, or at least didn’t, see before.

It empowers you

When you have a choice to make, you can use these five elements holistically to weigh how that choice impacts your vision of bigg success, of life on your own terms.

It empowers you as the entrepreneur of your life.

You can say “No” without guilt! If it’s not moving you closer to the bigg success you dream of, just say no.

You can say “Yes” when you clearly see that it is taking you down the path you want to follow.

Don’t balance, blend your work and life

Our idea goes beyond work – life balance. The old way of thinking was to draw a line in the sand. That was how we tried to separate our personal and professional lives.

It’s great if it works for you. Most people have found this nearly impossible to do in the 21st century. We use technology prodigiously and that technology is live 24 hours a day, seven days a week. We have responded in kind which has placed stress on the idea of work – life balance.

So we moved to integration. Don’t separate the personal and the professional. Keep them both live simultaneously and move seamlessly between the two worlds.

We found this concept helpful, but it doesn’t go far enough. There is little benefit to integration other than giving ourselves permission to not feel guilty if we’re working when we should be playing or playing when we should be working.

So the bigg idea is synergy:

Our two worlds should not only blend, but benefit one another.

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georgeI spoke with an inventor recently about how he discovered his latest idea. He said that he was reading a book for pleasure one weekend. This book sparked a thought that became his bigg invention. He wasn’t reading the book for any reason other than enjoyment, but he also kept his whole being, his whole mind, live. By not turning off his professional side as he read for personal reasons, he discovered his bigg opportunity.

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So as you can see, you don’t have to be in work mode to find something that can help you professionally and you don’t have to be in play mode to find something you might enjoy personally. Keeping our whole person live all the time leads to bigg success.

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Would you like more tips and tools to live your life on your own terms?
Subscribe to the Bigg Success Weekly – it’s FREE!

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The age of interdependence

There’s a final element to this synergy, to what’s running throughout the five elements. Synergy goes beyond just ourselves. The 21st century is the age of interdependence.

We can’t succeed bigg by ourselves. We must build relationships that build value. We add value by doing what we do best while working with others doing what they do best.

There’s the synergy; we create value together through interdependence. When we build together, we reach bigg success faster!

Let’s build bigg success together

So what does life on your own terms mean to you?

What challenges are you facing right now in your quest for bigg success?

How are you using synergy to get to bigg success even faster?

You can share that with us by leaving a comment below, calling us toll free at 888.455.BIGG or sending us an e-mail at bigginfo@biggsuccess.com.

We’ll take the most common challenges and do a show about them. We hope you will share your solutions to these challenges as well. Working together, we can all reach bigg success even faster!

We’ll also highlight how people are living life on their own terms. In these stories are lessons for all of us. So share your story and get in on the fun!

Thank you for reading our post today. Until next time, here’s to your bigg success!

Subscribe to The Bigg Success Show in iTunes. 

Subscribe to the Bigg Success feed.

Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00360-032709.mp3

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