Updated 11 Jan 00 * Copyright 1999-2000 by Andrew Homer.
Webmeister -StarHeart Web Designs
Moneyology Copyright 1994-9 by Andrew Homer
Personal Attitudes About Money
1 - Your attitude toward money is about the "mother thing." The emotional charge you have about money
is to the same extent you feel that you only got qualified love in your youth.
2 - Don't equate your self-worth to your job, income or assets.
3 - We each have our arbitrary rules which we expect others to comply with. Don't set-up others or yourself to
loose regarding your negative money attitudes.
4- Men: Don't be offended by those women who place high priority on your earning ability. Realize that as the mothers
of our species, that women are programmed to find bread winners, ie., that they're aware of a financial "survival
of the fittest."
5 - Gift giving is about the giver.
Personal Goals About Money
6 - Realize that money is only a means to an end.
7 - If you aren't going to keep your money in a safe place, then you may as well have fun spending it. If you don't
enjoy spending money, then get a woman to spend it for you.
8 - Be positive toward money and money will be
positive toward you. Honor and bless money and money will honor and bless you.
9 - Realize that success is a process, not a goal.
10 - Visualize the wholesome ends that you want to obtain.
11 - Establish your goals to be achieved in do-able small steps.
12 - In partnerships, decide who's more resourceful at saving money and who's more impactful at spending it.
13 - If you aren't a shrewd investor, then find two or three honest successful investors to invest your money for
you.
14 - In an investment club, you might acquire healthier attitudes regarding money from your fellow club members.
15 - Regarding business, play a clean game. Or as Malcolm Forbes, Jr. stated, "Good business is good business."
16 - Foucus on the big game, not the small game. Concentrate on spiritual matters and, somehow, your material concerns
will be solved.
17 - Consider Relocational Astrology to figure where to move so that your resourcefulness can be enhanced.
18 - Yes, there's more to life than money. There are other resources to cultivate aside from money: your health,
friends, family life, artistic skills, a talent that makes a difference in the world, and a wholesome life affirming
attitude.
Societal Attitudes About Money
19 - Money is an outcome from the concept of private property. Private property is a
concept inherent with patriarchal oppression.
20 - Money is an abstract concept and a collective myth. Currency has only the validity that is given to it by
the people who believe in it. Therefore, a monetary system is a religion.
21 - Unfortunately, materialism is the main religion in America. Malcolm Forbes, Jr. advised that "With all
thy getting, get understanding."
Practical Considerations About Money
22 - Your money can come from: salaries, gifts,
commissions, loans, interest, dividends, annuities, Social Security, workman's compensation, retirement funds,
gambling, partners, inheritance, insurance proceeds, royalties, finding it, business, marriage, ransome, embezzlement,
lawsuits, theft, extortion, or forgery.
23 - Ever consider a career as a professional student? There are loans and grants out there with your name on them.
24 - There are higher interest rates to be found
overseas. If you pay taxes on that interest, that's your choice.
25 - When gambling in a casino, or speculating
elsewhere, duplicate the betting of the top winner.
26 - Since 1980, the 7 largest American banks have made most of their profits from currency exchange.
27 - Two of the three most accurate stock market advisory newsletters are published by Astrologers.
Societal Goals About Money
28 - We will know when goddess revival and the return of the matriarchy is taking hold when we replace the concept
of private ownership with that of community property and and when we put less value in the myth of money and, instead,
emphasize barter.
Get out of debt one dime at a time Christian Science Monitor
Getting out of debt is not just about improving your finances, it's about improving your quality
of life.
Take credit cards.
Today's average card charges 17 percent interest, and an average cardholder carries a $5,000 balance, says Marc
Eisenson, editor of Good Advice Press and co-author of several personal-finance books. With interest, that $5,000 loan can easily cost $16,000
to pay off - after taxes.
Counting taxes (in the 28 percent tax bracket), you have to make $4 to cover every dollar you spend on the credit
card, Mr. Eisenson says.
That dramatically increases the cost of living.
Getting the credit monkey off your back "dramatically cuts the cost of living. And if you dramatically cut
your cost of living, you have all kinds of options that you don't have if you're always slightly behind,"
explains Nancy Castleman, one of Eisenson's co- authors.
Ms Castleman and Eisenson recommend eliminating household debt, including home mortgages. But even reducing debt
to a manageable level can make a big difference, they say.
To get started, many debt counselors recommend you list every expenditure for a month. Then you can see how much
you spend on, say, pizza delivery, and decide where to cut back.
If all that record keeping is too much, "at a minimum, use that spare change that you throw up on the dresser
every night" to pay down debt, Eisenson says.
Eighty-three cents a day adds up to more than $25 a month. Put that money toward paying down a $100,000, 30-year
mortgage, and you could save some $20,000. An extra dime a day -$3 a month - can save $1,000 and more than nine
years of payments on an average credit- card balance.
It's also a good investment.
Since debt prepayments aren't taxed the way earnings on investments are, paying down a 17 percent credit card yields
a 23 percent return after taxes. "Where else can you get a 23 percent return, guaranteed, and risk free?"
Eisenson says.
Even paying down a 7 percent or 8 percent mortgage is as reasonable a part of an investment portfolio as owning
a 5 or 6 percent bond, he says.
And mortgages usually cost more than people imagine, because most people don't have just one.
"We think of it more as a serial mortgage," says Castleman. With moves and refinancings, "we go
from one mortgage to another to another," not for 30 years, but perhaps for 50.
So early payments can keep you to your original schedule.
Budgeting to get your debt under control is a slow process, however. People make the decision to get their finances
under control "again, and again, and again," says Castleman.
You have to have a reason to be committed to it. And you can't deprive yourself. "You can't say: I'm not going
to go to the movies. I'm never going to eat out. I'm not going to buy anything I like. I won't get any clothes.
I'm just going to pay off my debts," Eisenson says. "That'll last about an hour."
Once you learn to keep your debts under control, Eisenson and Castleman suggest you use the money to invest in
your whole portfolio, including savings, investment, spending, education, skills, and spending more time with your
family. "Money isn't really the most important aspect of life," Eisenson says. "If we save money,
we're also saving time."
For example, the cost of an average new car today approaches six months of a median family income. If you bought
a less expensive car, "that six months could be added to your retirement," he says. Copyright 1999, The Christian Science Publishing Society.
