Sunday, February 27, 2011

$5 budgeting

Five Dollars

Doesn't seem like much but consider for a moment the 8th wonder of the world-compounding.

Save just $5 a day, or $150 a month, for 30 years — earn 10 percent on it — and you'll end up with a nest egg of more than $340,000. Would that make a difference in your life? (By the way, if you're wondering how the heck you can make 10% on your savings, you can't — at least without risk.)
The tricky part is saving that $5 without sacrificing your quality of life. As of today $5 buys a #1 meal at McD's, 1 pack of cigs, 1 happy hour drink inc tip, 1 appetizer or tapas. Oh, here's one; 1 Venti Caramel foo-foo drink..Ouch. But if you chose to sacrifice just a little, $5 makes a world of difference to kids and families in a third world country, if you chose to help them.

One of many ways of doing that is to pay for name brands only when name brands make a difference. Sound obvious? Take a quick stroll around any grocery store and you'll see that it must not be at all obvious, because the shelves are stuffed with products that cost extra — sometimes a whole lot extra — in exchange for nothing more than a name.

So if you're struggling with finances, want a little retirement, or want to leave a legacy for others, consider Abe.

Friday, February 25, 2011

Modeling Leadership

Ken Blanchard, the author of the One Minute Manager, once shared a story about what can happen when individuals in a company model servant leadership, no matter where they are on the totem pole.
A business consultant was training more than 3000 employees of a mid-western grocery chain to approach their jobs with a goal of creating a memory for their customers. She stated that "this is what will distinguish your store from all others."
Johnny was a 19-year old bag boy that had down-syndrome. His first response to the consultant's suggestion was "I'm just a 'bag boy.'" Nevertheless, he went home and shared what the consultant said with his mother. They began to ponder the consultant's words about how he could create a memory for his customers. Johnny had a habit of collecting inspirational thoughts that he would often read. He decided he would begin printing these sayings and place one in each of the bags of his customers. When customers came through the line he would place the sayings in their bag and say, "I've included some of my favorite sayings in your bag in hopes it will encourage you today. Thanks for shopping with us."
After just a few weeks, an amazing thing began to happen. One day the store manager noticed that all the customers were lined up at only one cashier station when there were other stations open. He began to panic, thinking the other stations were broken. After further investigation he found this was not the case. Actually, customers wanted to come through Johnny's line in order to get his saying of the day.
One woman came up to the manager and said, "I used to come to the store only once a week, but now I come everyday!" Johnny's example spread to other departments in the store. The florist began giving a flower to each florist customer. The meat department put Snoopy stickers on each meat order with a special greeting. This one act by a bag boy changed the entire climate of the store.*

Thursday, February 24, 2011

Gives and Takes Away

You may say to yourself " My power and the stregnth of my hands have produced this wealth for me" Deut 8:17
There is danger Will Robinson, well, for any of us who may have achieved some level of success through hard work or working smarter; then believing we achieved it through our own efforts. But the reality is that He is a gracious and merciful God, who has given it and can take it away.