Morning Cup of Joe – Rainy Day Fund

Rainy Day Fund
Save your money for a rainy day – You’ll have more rainy days than sunny ones, trust me.

One thing we can count on parents for is advice. The unfortunate thing about it is just because they offer up advice doesn’t mean that we’ll automatically accept it; sometimes the greatest lessons are the lessons that we learn on our own. One advice in particular comes from my father who even today continues to encourage me to “save your money.” That is one lesson that I had to learn the hard way.

I’m not quite sure what causes people to spend money frivolously. To buy things that we don’t really need. To accumulate things that adds no real value to our lives. To live beyond our means just to appear as if we have it all together. All the while we’re living paycheck to paycheck hoping that we can scrape enough to pay our mortgage or rent, car note, cell phone and other monthly expenditures. Aside from real property, do we really need all those depreciating assets that we’ve been accumulating?

If you haven’t done so already, it’s critically important that you begin to save a portion of your net income for a rainy day. You never know what tomorrow will bring but if you’re prepared for it then it can certainly soften the blow. Anything can happen at any time without warning and without notice. I’ve lost my job unexpectedly before. I’ve had unexpected car issues that cost thousands of dollars. I know folks who’ve experienced unexpected medical issues. My point is you never know what can happen which is why it’s important that you must prepare.

It’s not just about saving money; it’s really about transforming the way you think about money. I’m getting to a point where I try to focus mostly on my needs than my wants. That’s really the only way I can save money. I realized that most of my money was going towards things that I wanted and really didn’t need. Let’s be honest, how many shoes can one person have? It’s a rhetorical question but most of us are guilty of buying things just because we can with no consideration for the future. That has to change.

There’s no better time to start saving for a rainy day than right now. If you don’t have a rainy day fund, start one today. You never know, it may storm tomorrow.

To The Top!
Joe Paul
Motivational Thought Leader, Corporate Trainer & Keynote Speaker

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Morning Cup of Joe – A Perfect Life

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There is a wealthy business man who lives a lavish lifestyle. He is able to buy what he desires, travels where he wants at his leisure and owns the very best in tailored clothes, exquisite jewels and expensive cars. He enjoys the best tables at the finest restaurants wherever he is. His home looks more like an apartment complex boasting countless rooms and the roof is specially designed to withhold the weight of his helicopter. To many, this man seems to have it all. To many more, it seems as if his life is absolutely perfect.

There is a man who works two different jobs seven days a week attempting to put his five children through school. This man wears a uniform to both of his manufacturing jobs. He does not own a fancy house and doesn’t even own a car. He travels to work by bus which at times he misses because he may have to work overtime at one of his jobs. The place where he and his children call home is a one bedroom apartment where he sleeps on the floor while his children share the only bed in the entire place. Their meals are scarce yet they manage to eat them together.

If I asked you which life you would rather live, many of you would undoubtedly choose the person in the first story. What you don’t understand is that the man in the first story, who seems to have it all, grieves internally because he is unable to have children. The man in the second story, although his life is less glamorous, finds his wealth not in possessions but in the children and family around him. There are people who seem to live the life you dream about yet you never consider the life you are living may be the one others dream about.

If we compare our blessings to others, ours will never seem enough. Never look at another person’s blessings and compare it to yours. We are all uniquely blessed with what we have for a reason. Instead of focusing on what you want, appreciate what you have. Wealth is determined by many factors, determine yours by the love you give and receive rather than the things you have and want.

You will never find true happiness if you are constantly focused on what makes others happy. While I will never discourage you to always work hard to acquire your wants, I especially want you to focus on your needs; which by God’s grace are always met.

To The Top!
Joe Paul

Morning Cup of Joe – Passion to Profit

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We are at an impasse as a society. As the financial divide widens, between the declining middle class and the increasing gap between the rich and the poor, most people are faced with the difficult decision of continuing with the daily grind or taking a risk and starting their own business. These brave folks are venturing out and doing what they’ve always been passionate about. Discovering your passion and taking risks allows you to benefit from the immeasurable rewards that typically follows such risks.

Most successful people find a niche or something they do better than most and execute it. Successful people typically involve themselves with a job that they would do even if they weren’t paid to do it. In fact, they don’t even see it as a job. Successful people maintain a deep understanding of the importance of the following phrase; “If you love what you do for a living, you’ll never work a day in your life”. It makes absolutely no sense to waste your time in a career you have no interest in. Some people are perfectly fine with what they do whether they love it or not; most winners think differently.

The tides are changing and those who are wise enough to change with the tides will not risk drowning or capsizing. The best way to ensure a positive outcome is to do what you love and love what you do. Most people will not subscribe to this rule mainly because it requires a significant amount of risks. Understand that rewards are reserved only for those who are brave enough to take risks. If you are gainfully employed in an industry you are not passionate about, spend time focusing on a hobby that can increase your streams of income. You cannot reasonably expect your quality of life to improve if you only have one source of income.

When you are passionate about your work and you love what you do, the money will always seem like a bonus simply because you would do it for free.

Turn your passion into profit.

To The Top!
Joe Paul

Morning Cup of Joe – My Brother’s Keeper

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We have all been uniquely blessed with specific gifts and talents. There are some who have yet to recognize their gifts as truly gifts. Your gift is the “thing” that you are able to do almost better than everyone else. Once you’ve recognized your gift, it is imperative that you begin focusing on how to share this gift to the world. Sharing our gifts with the world, if executed correctly, is exactly what will yield us financial freedom. In essence, when you do what you love and love what you do, the money will come in abundance.

Many of us are past the stage of recognizing our gifts. For the most part, most people know exactly what their specialized talents are yet a majority of those people will not do anything about it. For those of us who do, we must not only find satisfaction in earning but equal, if not greater, satisfaction in giving. We are blessed in order to be a blessing to someone else. What good is a man’s treasure if he cannot share it with the world? I’ll tell you, it’s worthless.

To whom much is given, so much more is required. You have used your gifts to receive your blessings but the transaction is only half-way complete; the final piece are the blessings you give to others. Most people don’t realize that their blessings come from blessings others; which explains why less and less people give. Understand that we are all connected. And since we are all connected, it is imperative that we understand that we all have a humanitarian obligation to support one another. You are absolutely your brother’s keeper.

If God has blessed you with increase or abundance, the expectation is that you will return the favor by being a blessing to someone else.

To The Top!
Joe Paul

Morning Cup of Joe – Defining True Wealth

There is a wealthy business man who lives a lavish lifestyle. He is able to buy what he desires, travels where he wants at his leisure and owns the very best in tailored clothes, exquisite jewels and expensive cars. He enjoys the best tables at the finest restaurants wherever he is. His home looks more like an apartment complex boasting countless rooms and the roof is specially designed to withhold the weight of his helicopter. To many, this man seems to have it all. To many more, it seems as if his life is absolutely perfect.

There is a man who works two different jobs seven days a week attempting to put his five children through school. This man wears a uniform to both of his manufacturing jobs. He does not own a fancy house and doesn’t even own a car. He travels to work by bus which at times he misses because he may have to work overtime at one of his jobs. The place where he and his children call home is a one bedroom apartment where he sleeps on the floor while his children share the only bed in the entire place. Their meals are scarce yet they manage to eat them together.

If I asked you which life you would rather live, many of you would undoubtedly choose the person in the first story. What you don’t understand is that the man in the first story, who seems to have it all, grieves internally because he is unable to have children. The man in the second story, although his life is less glamorous, finds his wealth not in possessions but in the children and family around him. There are people who seem to live the life you dream about yet you never consider the life you are living may be the one others dream about.

If we compare our blessings to others, ours will never seem enough. Never look at another person’s blessings and compare it to yours. We are all uniquely blessed with what we have for a reason. Instead of focusing on what you want, appreciate what you have. Wealth is determined by many factors, determine yours by the love you give and receive rather than the things you have and want.

You will never find true happiness if you are constantly focused on what makes others happy. While I will never discourage you to always work hard to acquire your wants, I especially want you to focus on your needs; which by God’s grace are always met.

To The Top!
Joe Paul

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