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Seeking a Quality Life, While Living on a Limited Budget
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Trying to Think Positive . . .

I always try to think positive . . . even when things aren't working quite right.  I must say it is a trying endeavor.

Why think positive?  If things aren't working right, does negative thinking make it better or help in any way whatsoever? No.  By thinking positive, I feel the momentum starts to build and that helps accelerate the turn-around.

I have an associate who only half-jokingly brings up Karma-- good and bad.  He may be on to something. 
My view is that positive thinking might not work, but what if it does?  Why not stack the deck in your favor?  Why not think positive thoughts?

What do you think . . . positively that is?



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Frugal Money Saving Tip of the Day 12/24/09

Each weekday, I am going to post a quick, frugal tip that you can try immediately.  Here is today's tip:

  • Use a pea-sized glob of toothpaste-- it's all you need to get the job done. Ignore the picture on the tube.
Frugality is developed day by day-- start today!

More to come . . .



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Quote of the Day 12/24/09

Learn something new everyday!  Here is today's quote:

  • If you would keep your secret from an enemy, tell it not to a friend . . . Richard Saunders (aka Ben Franklin)

Words to live by . . .



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Thesaurus Thursday: Impunity

I am a self improvement enthusiast.  I believe you should always strive to improve body, mind, and spirit. One way to improve your mind and be more successful in life (thereby improving the quality of one's life) is to expand your vocabulary. With that in mind, here is today's new word . . . 

  • impunity (n) Freedom from punishment

Synonyms: dispensation, exemption, immunity, permission, privilege, security
Antonyms: accountability, imprisonment, incarceration, liabililty

Pirates typically operate with complete impunity.



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Good Old Fashioned Horse Trading . . .

The art of negotiation or horse trading is nothing new. However, like many other basic skills, it is often forgotten or neglected by many people. Those desiring a self reliant lifestyle are rediscovering and embracing it in this current economy. Nowadays, it isn’t just the big ticket items that are negotiable, but even smaller items, as retailers battle for your business. These skills work well in bartering situations too.

While this single post is not an all encompassing course on negotiation, it will get you started or at the very least, thinking about negotiation . . .

Here are some of my tips for negotiation success (in no particular order):

  • Remember, it never hurts to ask– The worst you will likely hear is “No”.
  • Don’t forget, there is more than one way to skin the proverbial cat.
  • Always know what “they” want– Give them what they want and you will almost certainly get what you want.
  • Nothing is carved in stone– Be flexible.
  • Seek win/win situations for all parties involved– The relationship may (should) have more value than a single transaction.
  • Don’t get emotional– If you do, you lose the power to walk away.
  • Be sure all parties have something everyone wants.
  • Stay open to ideas and suggestions.
  • Use an agenda to stay focused in more complicated deals.
  • Communicate and understand everyone’s position and situation.
  • Avoid ultimatums– You don’t want to paint yourself or others into a corner.
  • Don’t negotiate with yourself– Make a proposal and wait for a response. Do not make a second proposal before you have a response (counteroffer) from the other party for the first one.
  • Be sure you are dealing with the decision maker.
  • Ask for more– Shoot for the moon, accept the sky.
  • Prepare a Plan “C”– Have a back pocket, last ditch proposal.
 
These tips will not guarantee negotiation success, but they should put you on the road to a good transaction. Like anything else, you will get better with practice– start at garage sales and then move up to bigger and better.

Good luck!

This post originally appeared on Self-Reliance-Exchange.com, here is the link to the original post: Good Old Fashioned Horse Trading . . .



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Frugal Money Saving Tip of the Day 12/23/09

Each weekday, I am going to post a quick, frugal tip that you can try immediately.  Here is today's tip:

  • Always look at the unit price to compare products in the grocery store-- sometimes, the "economy" size is more expensive than the small size.
Frugality is developed day by day-- start today!

More to come . . .



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Words of Wisdom: Karl Von Clausewitz (Part 2)

Karl Von Clausewitz was a Prussian soldier and military strategist.  He is most famous for his work, "On War".  Here are some of his thoughts:

  • Everything in war is very simple. But the simplest thing is difficult
  • I shall proceed from the simple to the complex. But in war more than in any other subject we must begin by looking at the nature of the whole; for here more than elsewhere the part and the whole must always be thought of together
  • War is the continuation of politics by other means
  • If the leader is filled with high ambition and if he pursues his aims with audacity and strength of will, he will reach them in spite of all obstacles
  • War is the province of danger
  • It is even better to act quickly and err than to hesitate until the time of action is past
  • Many intelligence reports in war are contradictory; even more are false, and most are uncertain
  • War is the domain of physical exertion and suffering
  • Politics is the womb in which war develops
  • The more a general is accustomed to place heavy demands on his soldiers, the more he can depend on their response
  • A conqueror is always a lover of peace
  • The political object is the goal, war is the means of reaching it, and the means can never be considered in isolation form their purposes
  • Pursue one great decisive aim with force and determination
  • Two qualities are indispensable: first, an intellect that, even in the darkest hour, retains some glimmerings of the inner light which leads to truth; and second, the courage to follow this faint light wherever it may lead



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Word of the Day: Onus

I am a self improvement enthusiast.  I believe you should always strive to improve body, mind, and spirit.  One way to improve your mind and be more successful in life (thereby improving the quality of one's life) is to expand your vocabulary.  With that in mind, here is today's new word . . . 

  • onus (n) A burden or responsibility

Many times the onus is placed upon the injuried party in legal proceedings. 



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How to Buy at an Auction (10 Tips for Success)

Want to hold on to your cash and things for less? Try auctions-- here's how to do it.

Years ago, I attended and participated in live auctions regularly. I still participate in eBay auctions (Many of these tips apply to eBay auctions, but there are other considerations that I will address in a separate, future post). Here are my auction buying success tips:

  1. Know values– By knowing values you will not pay too much and you may uncover hidden values
  2. Use money management– Have a budget and stick to it. Overages or underages on early lots should impact your budget for later lots
  3. Don’t show too much interest– Think “poker face”. Never give away your position on any one lot
  4. Carefully bid other people up on lots you don’t want– Kill their budgets. I have done this a few hundred times and never got stuck with a lot I didn’t want. Auctions are a competition
  5. Remember, only the last bid wins– This is usually not the first bid. Hang back and swoop in at the last moment
  6. Always try to sit in the back– This allows you to see others bidding, and not be seen bidding by them
  7. Have fall back lots– If you lose on early lots, be ready to bid on other lots (I used to rank lots as “A”, “B”, and “C”)
  8. Don’t get caught up in the moment– Getting emotional (excited) can cost you
  9. Be open to counteroffers– I was sometimes approached at the event by people seeking to buy what I just acquired
  10. Explore “after auction” purchases– Sometimes the auctioneer will let you buy unsold lots at the opening bid (No competition is nice)
 
Good luck!

This post originally appeared on Self-Reliance-Exchange.com, here is the link to the original post:  How to Buy at an Auction (10 Tips for Success).



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Frugal Money Saving Tip of the Day 12/22/09

Each weekday, I am going to post a quick, frugal tip that you can try immediately.  Here is today's tip:

  • Use good old soap and water to stay healthy this flu season-- wash your hands frequently.

Frugality is developed day by day-- start today!

More to come . . .



Likethis post? Check out the related posts for more information.  You canalso get email notification of new posts in your email by subscribing. Your email address won't be used for any other purpose than to send younotification of a new post.


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