Monthly Archives: May 2011

Money Fears # 6 … The Fear of Borrowing Money

Money Fears # 6 … The Fear of Borrowing Money

Money Fears # 6 … The Fear of Borrowing Money

Wouldn’t it be great to pay cash for everything, including your home? Few can. Sometimes, it makes sense to borrow money. But, over-borrowing and too much credit is quite common.

A credit card is used over 600 times every second of the day; over 36,000 times a minute; over 2 million times an hour; and over 52 million times a day. The average household owing in excess of $9,200 in credit card debt. What’s yours?

Money Fears …# 4 The Fear of Making Mistakes and Failing

Money Fears …# 4 The Fear of Making Mistakes and Failing

# 4 … The Fear of Making Mistakes and Failing

Everyone makes mistakes. I wished I had $10 for each one I’ve made over the past 50 years plus. Mistakes that lead to a money loss can be personally and professionally crippling.

They happen. You get to choose—will they handicap and paralyze you? Or will you look at them as a learning and growth experience?

What you have to guard against is the reaction that the fear of failure and making mistakes can generate paralysis . . . getting stuck mentally.

Highly successful authors know how to Communicate.

Highly successful authors know how to Communicate.

Trait #3: Highly successful authors know how to Communicate.
You’ve got the book, do you have the voice? Voice comes in all kinds of packages. Taking your unique approach to your topic, what’s your pitch for it … and who are you going to pitch it to? Knowing your crowd, your target market, saves time and energy. This book business is work. Whether you publish via NY or your tackle it on your own, be prepared to work your butt off.

Money Fears … #3 The Fear of Talking About Money

Money Fears … #3 The Fear of Talking About Money

#3 … The Fear of Talking About Money

Upbringing is a key factor that shapes your money practices. Most adults “wish” that they had had training and guidance about money and investing as they grew up.

If you grew up in a family that openly discussed money and its many facets, you’re in the minority. Not all of your friends will be on the same wave link as you are in money matters. Your awareness, and possibly non-intimidation to the topic, may actually intimidate them!