Month End: October Snapshot

For me October is an expensive month. It’s my Mom and Jill’s birthday in this month so typically I plan to spend more. If you have a month that you know you will spend more, it is important to set aside money for it throughout the year. Since July I had given Jill a small gift each month building up to the grand finale this month. As it got closer to her birthday, I expressed to Jill how excited I was to be able to share in this experience with her. I now understood why she got so excited when it comes to gift giving and shopping for others in general. I booked a room at the Grand Bohemian and was able to leave work early. We did get into a small argument up there, but in marriage arguments will happen. Iron sharpens iron for those who are willing to be sharpened. As we pulled into the parking space, I could feel relaxation hit me. This life is the type of life I want. A life where we can travel and experience unfamiliar places and new foods and do what we want at our pace. Looking back at the start of my debt free journey so long ago, I never imagined being able to take a trip without the burden of credit card debt hanging over me. Knowing that I wasn’t carrying multiple balances is a very freeing position. Checking into our room, I was thankful to see the overall design of the room was not like a normal hotel room, and the king size bed already was calling my name. We decided to go eat at the local Thai restaurant, ate at the hotel’s onsite restaurant, and ate at a local restaurant in the city’s mall. Jill did not pay for a single meal, and whatever she bought for her birthday weekend was on me. It’s truly exhilarating to be able to give the person you love that type of experience. Even though she wasn’t feeling well, she was happy to be away and be able to relax together. Even if most of our time was spent relaxing in the king size bed just being able to rest was replenishing. I definitely know because Jill told me she had never heard me snore that loud before. We did not get a chance to enjoy the final birthday gift, but the gift that made her happiest was being able to sit in our home church to watch a service live and in person. Joe came with us and afterwards we had breakfast at a local restaurant. With the impact of the COVID19 pandemic, it is important to support our local restaurants.

In the following week, I had the opportunity to attend a three-day class which involved credit training for work. I had attended this class two times previously, but even more so this time I felt like the lessons really resonated. It’s why I recommend you go back and read a book or watch a movie again. The reason is because you change and grow over time and new things will be revealed to you when you look at it again. Mastery is developed through repetition, and creativity. This time in class three key points captured my attention: gross profit margin, operating expenses, and working capital cycle. Two small businesses that were newly formed and one small business that was having issues immediately came to mind. I could see the principles leave the paper and apply in real life. Equipped with this knowledge, I can add value to people’s lives. Small business owners create businesses for the purpose of making their lives, and their families’ lives better in some way. When you understand that all business has a human factor then you begin to understand that cash flow is the life blood of a business and in turn becomes the life blood of the human business owner. Money gives you the opportunity to see life in a better way. Can you imagine taking a trip debt free?

If you want to learn more about the self-lending principle or if you need a financial check-up, then contact me.

This month’s video is If You Don’t Understand Margin, You Don’t Understand Business from the Alex Hormozi YouTube channel.

“The LORD will send rain at the proper time from his rich treasury in the heavens and will bless all the work you do. You will lend to many nations, but you will never need to borrow from them.”


I believe in your journey to….

A Debt Free Me


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: