Posts

how debt can springboard you to wealth

How Debt Can Springboard You to Wealth

how debt can springboard you to wealth

If you have debt, turn it to your advantage. Few people realize that debt can springboard you to wealth. We share an example of this on today’s podcast.

On The BIGG Success Show today, we talk about how to get out of debt.

This show is inspired by a recent report on consumer debt levels by the Federal Reserve Bank of New York. It shows that household debt in the U.S. hit a record high in the first quarter of 2019, up 8% from the previous record reached in the third quarter of 2008.

So if you’re in debt, you’re not alone. But debt can be good or bad. We believe debt is a tool. So today, we show you how to get out of debt and then, how to use debt to your advantage – to turn debt into wealth. Here’s a summary of that discussion…

Read more

An image of a wallet squeezed shut for the blog post titled Saving for Retirement with a Stingy Employer

Saving for Retirement with a Stingy Employer

An image of a wallet squeezed shut for the blog post titled Saving for Retirement with a Stingy Employer

Saving for retirement is harder than ever as many employers are shifting more of the burden on to employees. See how you can respond.

We discussed saving for retirement and stingy employers on The BIGG Success Show today. Here’s a summary of that discussion.

This show was inspired by a New York Times article by Nelson Schwartz and Michael Corkery. It compared the retirement plan of Sears and Amazon. Sears was more generous.

Read more

How to Get Lucky with Money

How to be lucky with money for BIGG Success

Listen to this post! Click play to hear George & Mary-Lynn on The BIGG Success Show Podcast. (Duration 4:42)

With St. Patty’s Day upon us, we have to ask: Do you have to be lucky with money to be a BIGG success?

Without question, the answer is…Yes!

If you’re a long-time reader, our answer may have surprised you. But there’s a difference between luck and dumb luck.

Read more

The Values of Money

your money and values in sync for BIGG SuccessHave you ever thought about the values of money?

If you read that question quickly, you may have missed a subtle yet incredibly important distinction:

The “s” in Values.

BIGG success is life on your own terms. You get there by taking control, as the entrepreneur of your life.

As an entrepreneur, you know you add value in the lives of others to create value for yourself. Value is a synonym for wealth or money.

But wealth comes in many forms. Some of the greatest riches you may experience have nothing to do with money. Are you rich?

Research shows that, at the lowest levels of the economic rung, money matters. A little additional money makes a huge difference in happiness.

But once basic needs are met, more money matters little. And the little bit it does matter doesn’t last long.

Every time you spend money, you reflect your priorities. That’s why it’s incredibly important to know what’s most important to you. So your values and your money are in sync.

Quite some time ago, we did a series of two shows on living your dream with purpose (Part 1, Part 2). In Part 2, we provide a worksheet that helps you identify what you value the most [pdf] and discuss how to use it.

After you’ve gone through the list, think about how you spend your money and your time, your other resource.

Is it reflective of your values?

If so, congratulate yourself.

If not, what one change could you make today to move the two closer together?

Aligning your values and your resources brings BIGG success.

Image in this post from stock.xchng

10 Steps to Get Rich

Cash Flow Quadrant | BIGG SuccessHe started in 1975 with just $700 to his name. Now he’s a millionaire many times over.

He’s the amazing Robert Kiyosaki, author of the #1 New York Times best seller Rich Dad, Poor Dad. And he has a simple message:

“With every dollar in your hand, you have the power to choose to be rich, poor or middle class.”

We found a great post by Robert Kiyosaki over at our friend Josh Hinds’ Get Motivation blog. It’s lengthy, but well worth the read.

We’ve provided a summary here for your convenience. Here they are – Robert Kiyosaki’s 10 Steps to Getting Rich:

Read more