Category Archives: Saving Money

Planning, Savings, Savings Account, Rainy Day, Emergency Fund, Budget, Budgeting, Spending, Spending Plan, Finances, Financial, Personal Finance, Retirement, 401K, Sinking Fund, Money Market, CD, Certificate of Deposit, Bond, Coupons, Couponing, Frugal, Cutting Costs

Time to say goodbye….

Dear John (or Mary),

I’ve been patient. I’ve put off writing this letter as long as possible, hoping things would change. I dreamed that this would finally be the year you follow through on your promises.

I can’t do this any longer. Every January, you tell me things will be different. You say this is the year you’ll pay off your car. This is the year you’ll follow a budget. This is the year you’ll let your goals control your finances.

John, don’t you understand how much this is hurting me? I want this for you, not for me. I have always wanted what’s best for you. I want you to take control of your finances so that money isn’t running your life. You have goals. I’ve heard your dreams. They’re wonderful. I want you to achieve those, but you never will until you get your finances under control.

I hope you defeat this monster you’ve created. I hope you reach your goals. But John, I can’t stand the disappointment. I have to leave you. You’ve given me no choice.

It’s not about the money. Financial success is about you achieving your goals, living out your dreams. It’s about living the life you’ve always wanted, for both you and your family. You’ve given up on me. We’ll never have a healthy relationship if you keep living like this

I wish things could have ended differently between us.
Best of luck,

Your Financial Success & Dreams

(Note from Coach Bryan – So what are you willing to do to make your finances or your work-life balance better in 2013? Need some daily motivation about saving money or saving time? Please stop over at  and “Like” the page so you can start receiving daily tips. While you are at it, hit the “share” button on one of the articles and bring your friends along for the ride as well. You will find yourself more successful in saving money and saving time if you are doing it together with your friends. Bryan Cooper – My Financial Life Coach).

My Financial Life Coach, LLC



January 7, 2013 · 8:30 pm

Create your spending plan– maximize your income

Less than half of adults (42%) keep close track of their spending.

                                          National Foundation for Credit Counseling (NFCC) – April 28, 2009

What happens when you go into the store hungry? That’s right . . . you buy more.  The same thing happens if you don’t have a spending plan. You buy more because nothing is spelled out. So what will a spending plan do for you? A written plan will help you to avoid overspending.

You have a lot of resources to manage.

Take your current yearly household net income (left column) and multiply by the number of years to determine your income during that time period. Below is an example of someone who had an annual income of $70,000. Note that this example does not figure in any type of pay increase over the next 30 years.

Example . . .

_70,000______  x  10 years  =  __700,000_______

_70,000______  x  20 years  =  __1,400,000______

_70,000______  x  30 years  =  __2,100,000______

Now, go ahead and calculate this for your income.

____________  x  10 years  =  ________________

____________  x  20 years  =  ________________

____________  x  30 years  =  ________________

Wow!!  You have a lot of money to manage.

Have you ever thought about this before? In the example above this individual will be managing $2,100,000. Let’s put that into perspective. If he was going to build a $210,000 house he would have to have a survey, building plans, permits, and many inspectors & inspections to manage this $210,000 project. If that much planning is needed for a $210,000 house, how much more planning should be done on a project (your financial life) that is ten times larger?

Take a few minutes and think about your finances. The last time you received your W-2 did you ask yourself “where did all of the money go?” It is time to start putting a plan together if you don’t have one. If you have one please take the time to review it. One more thing…a plan is worthless if no action is taken on it so get out there and take some action this week.

You have a choice, and the choice is yours. – Coach Bryan

Thank you for reading the My Financial Life Coach blog where we talk about money, goals, family, life events, spending, and economic news. We do make every attempt to avoid the topic of politics but we will bring up economic policies that need communicated. Our job is to educate and motivate you to the debt-free life style.

Don’t forget to checkout our website,  for 100’s of resources including tips, articles, spreadsheets, web-based training, and more.  Why not tell a friend? Looking for daily motivation on your financial walk? Checkout the My Financial Life Coach Facebook page.


Filed under Budget, Children, Family, Finance, household budget, Money, Personal Finance, Saving Money

My Financial Life Coach – Week in Review – March 10-16, 2012

This blog entry includes everything from this week that I posted on Twitter, Facebook, LinkedIn; along with links to WordPress posts.

March 10

Consumer Credit Increased 8.6% in January 2012

The days of homebuyers going after the biggest, best house they can afford (and sometimes can’t afford) are over.

March 11

Banks foreclosing on churches in record numbers

Thought for Tomorrow: When your life is busy and stressful, sleep. Just as relaxation and recreation are necessary to help you recover from a busy day, a good night’s sleep will help you to rejuvenate so that you can be ready to pursue your goals. So why not start the week out right by going to bed on time tonight?

March 12

Time Tip: While delegation is generally a means to efficiency, it can sometimes create frustration and poor results. Be careful to delegate tasks to the correct people, those who understand them and can complete them well. Also be clear as to who has which responsibilities. Accidentally assigning the task to multiple people is a huge time waster.

Money Tip: When you go out to eat, skip the drinks and dessert. For example, say a family of four purchased four drinks at $1.50 each and four desserts costing $2.50 each. If they were to eliminate those items, they could save $16 every time they go out to eat. If they only go out to eat an average of four times per month, they would still be saving $768 per year!

Thought for Tomorrow: There are people so poor, that the only thing they have is money. –Unknown.  How about you? Don’t go to work tomorrow just for the money. Go there to meet needs of your customer, and the result will be a paycheck to meet the needs of your family. -Bryan

March 13

Time Tip: While multitasking is often detrimental when doing two or more needed tasks, it can work when one task requires little or no thought. For instance, if you want to listen to music, do it while you clean the house. Call your mother during your evening walk.

Article: Government records highest-ever monthly deficit:

My Financial Life Coach Blog Article:  Enemies of Your Financial Goals

Money Tip: Wrap an insulating jacket or blanket around your hot water heater to help it be more efficient in retaining heat.  What ideas can you share?

Video: This three minute video puts the US deficit into perspective –

Thought for Tomorrow: The dictionary is the only place where success comes before work. Take responsibility of your situation & take action.

March 14

Time Tip: Work expands to fill your time frame. If you schedule a single project, it will likely take you all day. Instead, plan to accomplish several tasks.

My Financial Life Coach Blog Article: Poor vs. Broke – How do you look at it?

Money Tip: Ask for your children’s input on your family’s financial decisions. You will be educating them, and they may even come up with some great ideas you hadn’t even considered.

Thought for Tomorrow:  Television viewing results in an upscaling of desire which in turn leads people to buy. Every additional hour of TV viewing per week boosts spending by roughly $200 a year. –Harvard Study

 March 15

Time Tip: Work on important tasks when you are more alert. Save more mundane pursuits for the times you are naturally less active.

Dave Say’s

Money Tip: Heating and cooling costs generally comprise the majority of energy bills. To lower those costs, use appliances that require less energy. Some appliances may cost more initially but will save money over time. Before purchasing one, compare the operating costs over the expected life of the appliance to determine which model is the most cost effective.

And the Winner is… Single Mom’s Ask Sara

Thought for Tomorrow: Want to feel rich? Count all the things you have that money cannot buy. So what you are thankful for tonight?

March 16

Time Tip: When you watch T.V., fold the laundry or clip the coupons. You can eliminate some work while watching your favorite show!

Money Tip: Avoid places where you make unnecessary purchases. For example, if you often buy clothing impulsively, don’t go to a clothing store unless you need and plan to purchase a particular item.

Thought for Tomorrow: You cannot live a positive life with a negative attitude. Are your finances negatively impacting your attitude? Take action this weekend.

Thank you for reading the My Financial Life Coach blog where we talk about money, goals, family, life events, spending, and economic news. We do make every attempt to avoid the topic of politics but we will bring up economic policies that need communicated. Our job is to educate and motivate you to the debt-free life style.

Don’t forget to checkout our website (  for 100’s of resources including tips, articles, spreadsheets, web-based training, and more.  Why not tell a friend? Looking for daily motivation? Checkout the My Financial Life Coach Facebook page.

Bryan Cooper
My Financial Life Coach
2280 W William St., Suite A
Delaware, OH 43015

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Filed under Balance, Blog, Dave Ramsey, Events, Family, Finance, Goals, household budget, Life, Personal Finance, Saving Money, Time, Time Management, Uncategorized

Three attitudes that really mess with your financial wellness

Attitude is Everything!

Attitude is everything in the game of personal finance. About 60% of the folks I meet with have the right attitude, the attitude that they can take action and correct their situation, no matter who caused it. For this post I want to talk t0 the other 40%.

1.   The government or my employer will take care of me.

It isn’t wise to allow others who have little or no vested interest in your well-being to have control over your future. I’m not making a political statement here. It is in your best interest to take an active role in your finances, your education, your employment, your health, and your retirement.  Being passive or not taking responsibility in these areas could result in a non-positive outcome. You need to take action and own the responsibility.

2.   I’ll do something about my situation tomorrow.

You need to DO IT TODAY! Stop procrastinating. Take action. The two main reasons I see procrastination with finances is a) lack of knowledge, or 2) the fear of failure so no action is taken, which results in failure anyway.

3.   I don’t need a written plan for my financial goals.

I’m sure you have heard the saying “What is measured gets managed.”  It is also true with budgets. Writing it down:  a) it keeps it in front of you b) it improves the communication because it is documented, and c) it makes it real because you can read it and touch.

Remember, YOU have a choice, and the choice is YOURS.

Ten years or twenty years from now, will you be saying “I wish I had gotten my finances in order”, or will you be saying, “I’m REALLY glad I DID get my finances in order!”    – Bryan Cooper

Bryan Cooper

My Financial Life Coach, LLC

Delaware, Ohio

Thank you for reading the My Financial Life Coach blog where we talk about life, food, family, life events, spending, and economic news. We do make every attempt to avoid the topic of politics but we will bring up economic policies that need communicated.


Filed under Blog, Budget, Change, Economy, Events, Family, Food, Goal Setting, Goals, household budget, Money, News, Personal Finance, Priorities, Procrastination, Saving Money

Week in Review: February 13-17

Franklin Delano Roosevelt, 1933. Lietuvių: Fra...

Image via Wikipedia

I’m trying something new. This blog entry will include everything in the week that I posted on Twitter, Facebook, LinkedIn; along with links to WordPress posts.

February 13

Proactive people take the initiative and responsibility to make things happen. They cause action rather than being victims of circumstance. -Chris MacAllister

By concentrating single-mindedly on your most important task, you can reduce the time required to complete it by 50% or more. –Brian Tracy

Blog – Paying the Bills


Shared ArticleFear the FAFSA? Here are five mistakes to avoid when applying for college financial aid

Decide today to change your $ habits. Procrastination costs you $ and opportunity. – Bryan Cooper

February 14

Do something. If it works, do more of it. If it doesn’t, do something else. –Franklin D. Roosevelt

Want more time? Stop worrying about your money and start managing it. Better money management equals better time management.–Bryan Cooper

Shared Article401(k) plans: Did yours grow? Most didn’t in 2011.

A wise man who does not grieve for the things which he has not, but rejoices for those which he has.-Epictetus

February 15

Don’t make your life all about money, take your money and make it all about life. – Bryan Cooper

The #1 and probably most important, key to consistently doing what’s right is actually quite simple: think before you act.-Eric Harvey

Blog – Is Saving a Lost Art?

If you only need to use an item once or twice, consider borrowing or renting the item instead of purchasing it.

February 16

Optimism is a crucial choice we make in establishing expectations for ourselves and others as we begin to move forward through adversity. -Christopher Novak

The bad news is time flies. The good news is you’re the pilot. -Michael Altshuler

Men are like bank accounts. Without a lot of money, they don’t generate much interest. – Unknown

Don’t like the idea of changing your spending habits? Don’t; but you’ll dislike being broke the rest of your life even more. –Bryan Cooper

February 17

When someone offers you a challenge, don’t think of all the reasons why you can’t do it. Instead say, “Yes!” Then figure out how to get it done. -Katherine Hudson

For fast-acting relief, try slowing down. -Lily Tomlin



Shared ArticleMore Americans say it’s OK to cheat on taxes

The number who advocated cheating ‘as much as possible’ doubled last year, to 8% of taxpayers. An additional 6% say it’s OK to cheat a little.

Don’t forget to stop by the My Financial Life Coach Facebook page and click like.

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Filed under Balance, Blog, Change, Credit, Debt Elimination, Economy, Emergency Fund, Events, Family, Goal Setting, household budget, Life Balance, Money, News, Personal Finance, Saving Money, Time Management, Uncategorized

11/14 – Money Management Monday

Don’t stop through drive-thru for your morning java, make it at home. Only spending $1 a day for that coffee? A buck a day equates to over $36,000 in 30 years if you save and invest. Are you buying the good stuff ($2.50 a cup)? $91,610. Take 5 minutes and make your coffee; the only thing you have to lose is $91,610.

Here is an article about Christmas shopping I read this morning that I wanted to share; but I want to make a couple of points first.

1. Be sure you stick to your Christmas budget.
2. Shop from a list to help you stick to your budget. Remember, it is YOUR household budget.
3. Don’t bring out the credit cards so you can “afford” Christmas. Do you really want to be thinking about Christmas 2011 in November 2012 as you continue making the credit card payment?
4. Evaluate what you are buying. Do they REALLY need what it is you are buying them?

New Money-Saving Holiday Strategies by KELLI B. GRANT


Filed under Budget, Credit, household budget, Money, Saving Money