Does Your Money Disappear?


MoneyI found this interesting article on “Stuff”, a local news site, this morning. It is about keeping an eye on your income and outgoings so you always know your financial position.. Have a read…

Posted in Money

How to Stay Happy

Serenity“Weak  people Revenge

Strong people Forgive

Intelligent people Ignore”


I would say that the best thing to do is ‘ignore’. Don’t take it on board. Let it slide like water off a duck’s back! This helps you stay happy.
Perhaps you chose to be strong and forgive. This is ok in some cases but I feel it is still baggage as it is still with you.

Posted in Quotes/Sayings | Tagged

New Plans for the New Year

Christmas Tree

Christmas on the beach

Well, that year went by in a flash. Sorry about the slack blogging. Next year I intend to overhaul everything and expand into two blogs (so I can be twice as slack  :-))…one on Financial freedom and Real Estate and one on Spirituality. Sorting out the topics should make it easier to find what you’re looking for.
Wishing you and your family a very Merry Christmas and lots of happiness and financial freedom in 2015! Make it your goal!

~ CoralM

Posted in Life

What are Assets?


Cash flow is king

Rich Dad said buy assets not liabilities!

Maybe this is not as straight forward as it seems. Some liabilities masquerade as assets!

If you say “real estate is an asset, I’ll buy a rental house” you could well be investing in a liability. Look at it closely. Do the sums. Will it put money in your pocket (a cash producing asset) or take it out (a liability)?

We have invested in property that gives us positive cash flow after all expenses have been taken out. Our houses are cash producing assets. They put money in our pocket. Obviously, if the rentals didn’t cover the expenses, and we had to top them up, they would be liabilites.

Your own house is not your asset if you have a mortgage from the bank. It’s the bank’s asset!

Some ‘assets’ don’t do much at all;  I met some friends the other day who have a valuable art collection but no money. They don’t get any cash flow from their art.  They have thousands of dollars worth of paintings on their walls and they can’t make ends meet.

I would say “Sell the paintings! Buy some positive cash flow real estate! Buy your paintings with the cash flow!” Of course, it is too late now and they wouldn’t dream of doing this anyway. They are stuck.

In reality these paintings are not investments at all. They are doodads.

Always use the yard stick of ‘does it put money into your pocket or take it out’ when you are determining what sort of asset it is.

Happy investing!

Posted in Assets, Investing | Tagged

Mistakes Which May Keep You Poor

Brian Tracy

Brian Tracy

I find FaceBook excellent for keeping up with my favourite mentors. One of these is Brian Tracy who is a Canadian Entrepreneur. Brian is an author, public speaker and a personal and professional development trainer.

Today I watched a YouTube clip where he was talking about some of the reasons that keep people poor.
According to him the first mistake is:

1. It never occurs to them to become wealthy…

The majority of people have never met or known anyone who is wealthy. They don’t know anyone wealthy at home, school or work. They socialise with people just like them and it never even crosses their minds that it is possible to get wealthy. They have no wealthy role models. They never take any of the steps necessary to make wealth a reality.

Here are four other mistakes:

2. They don’t decide to be successful

3. They procrastinate….always putting it off to some time in the future

4. They have an inability to delay gratification. They spend all their money

5. They have a lack of time perspective. They can’t plan for the future

Food for thought!

Posted in Financial Freedom | Tagged

Quote by Stephen Covey

“I am not a product of my circumstances. I am a product of my decisions.”

Stephen Covey is the well-known author of “The Seven Habits of Highly Effective People”.
This quote  just means Take Responsibility! Who you are is a direct result of your thoughts.


Posted in Power of the Mind, Quotes/Sayings | Tagged

What is Your Attitude to Money?

Sports car

Red Mustang Convertible

I recently read that your wealth, or lack of wealth, is all to do with your attitude to money. I suddenly thought, well, is that true? I am now financially free but what is my attitude to money? Has it had anything to do with it?

When does it start? Are you born with an innate attitude to money? Sounds silly I know, but as a little girl I always was very careful with money, carefully squirreling away my birthday present cash, whereas my sister, just 18 months younger than me, was just the opposite. If she had a buck in her pocket she just had to spend it!

Or is it your parents influence? My mum was brought up in Scotland and was extremely tight with money, as were all her family. When we were kids, if we went away on a rare trip with her, she would always book us in to the cheapest, self-catering motel she could find, usually in some grotty back street where we would be too scared to go outside at night!
Even now, though she is relatively well off, she can’t help pinching pennies to the extremes where she takes delight in wearing second hand clothes and, when travelling, takes a bottle of ready mixed gin & tonic with her, so she doesn’t have to pay for a drink in a restaurant!

Dad had a totally different attitude. Whatever his financial status,  he acted like a well-to-do Englishman. He would always book into a five star hotel when travelling, and we would have dinner in a top restaurant and order a bottle or two of Moet. We liked going away with him!

Amazing these two ever got together in the first place with these wildly different attitudes!!

There are plenty of other people who could’ve played a part in our attitudes too…relatives, school friends, teachers, work mates etc.  Also, what we read etc

I don’t think that my attitudes necessarily came from my parents. I think they more came from what I read. I value money but I am not frugal and I don’t wear second hand clothes; I drive my mother-in-laws old car (this is a temporary arrangement!!); I think 5 star hotels are extravagant; I love travelling in Asia where I get more bang for my buck , and I make sure we always eat healthy, good quality food..

This is an enlightening exercise . It is also interesting to consider the differing attitudes between rich and poor. This will be a later post!!

Have a happy day. ~CoralM

Posted in Money

Well Being ~ Abraham

“When your heart is singing, you are allowing Well-being. When you are appreciating, you are allowing Well-being. When you are yelling at somebody, you’re not. When you’re feeling insecure, you’re not. When you’re frustrated, you’re not.”


Excerpted from the workshop: St. Louis, MO on July 18, 2000


Posted in Abraham-Hicks, Quotes/Sayings

Quote on Setting Your Goals High

“Aim for the moon. If you miss, you may hit a star”.

This quote comes from W. Clement Stone, who was one of the original new age thinkers. He wrote the book “The Success System that Never Fails” and was mentioned in “The Secret” as a mentor of Jack Canfield.

Posted in Goals, Success | Tagged ,

Quote ~ Nelson Mandela

The world has lost a great man. I heard someone say that God would make him an angel.
I think he was an angel already.  Here is a lovely quote from him:

“There is no passion to be found in playing small – in settling for a life that is less than the one you are capable of living”.

~ Nelson Mandela

Posted in Quotes/Sayings | Tagged

Adversity ~ A New Approach

Abraham ButterflyAnother post and so soon! My patient followers will be in shock!

I just had this real urge today to write something more about adversity. Over the months and years I have blogged about all sorts of things to do with being financially free, successful and happy. Do you  know what my most popular post of all time is?

It is 6 Steps For Coping With Adversity. I wrote this way back in 2009 and still think it’s valid. Just recently, I sent it to a friend who is having a hard time, and he found it helpful. Why are so many people are suffering when the purpose of our life is to be joyful?

Ok. Well, it has happened. You have gone down the slippery slope for whatever reason and are unhappy, depressed and now really need to take action to get yourself back on top of things again.

Try something different. Have you heard of Abraham Hicks? They have described themselves as “a group consciousness from the non-physical dimension!” They are channelled by Esther Hicks, hence the name.
Being totally objective, and having our well-being at heart, Abraham have some very useful, comprehensive and helpful steps to take to get you to a better feeling place. These steps are called the emotional guidance system.

Read this article from the “Discovering Peace” website called the Abraham Hicks Emotional Guidance Scale. It comes from their wonderful book called “Ask and It Is Given” and is all about finding a better feeling emotion step by step, from Depression all the way up to Joy.

Also, have a look at their website Abraham Hicks. Sign up for the free daily quote; maybe even buy their book. They have a good, rather dry sense of humour which always helps 🙂

Remember, life is meant to be joyful. All is Well.

Hope this helps.

Posted in Abraham-Hicks, Adversity | Tagged | 1 Comment

Don’t Waste Your Money On The Lottery

I know for a fact that I will never win the Lottery (or Lotto as we call it in NZ).

This is mainly because I never buy tickets! I never buy scratchies either. I wonder how much I have saved over the years by not frittering away $10 here or $20 there?

I do not believe that gambling is the way to achieve financial freedom.

Did you know that the chances of winning the lottery are about 1 in 135,145,920? You actually have a better chance of finding a pearl in an oyster, dating a supermodel or winning an Academy Award!
Read more in this great article: Financial Freedom Goals vs Winning the Lottery by Kim Kiyosaki (Kim is Robert Kiyosaki’s wife).

It is interesting to see what people do with their new found riches if they do win! So many of them seem to blow the lot and end up being in just the same financial situation or even worse off than before!
They are so out of their ‘comfort zone’  that it doesn’t take long for their subconcious mind to return them to what they are used to. Financial education should be compulsary for all lottery winners!

Tip:  If YOU have just had a financial windfall; pay off your mortagage, buy a doodad or two  (depending on how much you won), then invest the rest in educating yourself financially and buy cash producing assets e.g rental property which returns positive cashflow, and your lump sum can become a steady flow of income forever. Wouldn’t that be a happy end to the  story?

Posted in Financial Freedom, Money, Rich Dad Poor Dad | Tagged

The Meaning of Perseverance

Another sunsetPerseverance is not giving up. It is persistence and tenacity, the effort required to do something and keep doing it till the end, even if it’s hard.

So many of my favourite mentors seem to be talking about the the importance of Perseverace at the moment.
“Perseverance” originally comes from the Latin “perseverantia” and means to abide by something strictly. If you’re doing something in spite of all the difficulty, you’re being strict on yourself. Sailing single-handedly around the world or climbing a high mountain are acts requiring perseverance. 
Even things like learning a new language require perseverance and daily practise.
If you want to be successful in life you will need to persevere. Never give up!

Posted in Goals, Perseverance | 2 Comments

Which Way Does Your Cash Flow?

RobertRemember it is not the asset class that determines if something (a house, boat, business, oil or gold) is an asset or a liability. What determines if something is an asset  or liability is the direction of the cashflow. If cash flows into your pocket it’s an asset, if cash flows out of your pocket it’s a liability.

~ Robert Kiyosaki

Quote | Posted on by | Tagged , | 1 Comment

Inspiration on Facebook

facebook like logoI’m not a great user of facebook, but I love it as a way to keep up with my mentors.

Every day I get to hear the latest from Robert Kiyosaki (author of Rich Dad Poor Dad), T. Harve Eker (author of The Millionaire Mind), Bob Proctor, Jack Canfield, John Assaraf, Michael Bernard Beckwith (all starring in The Secret), Neale Donald Walsche (author of Conversations with God) and Abraham,  to name a few.

We all need a good dose of inspiration with our facebook!! ‘Like’ a positive person today! 🙂

Posted in Life | Tagged

T. Harv Eker on Money

Sports carLet me put it bluntly: anyone who says that money isn’t important doesn’t have any! Rich people understand the importance of money and the place it has in our society. On the other hand, poor people validate their financial ineptitude by using irrelevant comparisons. They’ll argue, “Well, money isn’t important as love.” Now, is that comparison dumb or what? What’s more important, your arm or your leg? Maybe they’re both important.

~ T. Harv Eker

Have you noticed this? People with not much money tend not to appreciate it or think about it at all. They happily fritter it away on ‘doodads’. The rich think about money a lot. They aren’t frivolous with it. That’s why they’re rich!

Posted in Money, Quotes/Sayings | Tagged

Another Quote from Mark Twain

“Whenever you find that you are on the side of the majority, it is time to reform.”

—Mark Twain

So true. Be counter-cyclical. If your taxi driver is giving you hot stock tips it may be the the time to get out of stocks!!

Posted in Quotes/Sayings | Tagged ,

Quote on Ambition ~ Mark Twain

”Keep away from people who try to belittle your ambitions. Small people always  do that, but the really great make you feel that you too, can become great.” ~ Mark Twain

Posted in Goals, Quotes/Sayings | Tagged , ,

Quote on Not Giving Up

“Our greatest weakness lies in giving up.
The most certain way to succeed is always to try just one more time”

Thomas A. Edison

This quote is so true. Persevere. I don’t think we would’ve ever given up. We would’ve died trying! We would joke about getting old and sitting in our wheelchairs saying,
” I’ve got to get financially free before I’m eighty!”

Luckily we didn’t have to wait that long!!

Posted in Life, Perseverance, Quotes/Sayings | Tagged ,

7 Steps for Creating the Life You Want ~ Jack Canfield

We all aspire to do, be and have great things. Yet most of us simply aren’t creating the results we want. We complain that we don’t have enough money, romance, success or joy in our lives.

Read more…

Jack Canfield, America’s #1 Success Coach, is founder of the billion-dollar book brand Chicken Soup for the Soul© and a leading authority on Peak Performance and Life Success. If you’re ready to jump-start your life, make more money, and have more fun and joy in all that you do, get FREE success tips from Jack Canfield now at: 


Posted in Life | Tagged | 1 Comment