Shopping Tips on Spending

Posted on May 10, 2012 by Author Darryl L. Wortham

Are you a shop-a-holic? Is shopping your rush? Eliminate this temptation. If your kids are bored, don’t take them to the mall; instead, go to the library or park. If your friend calls and wants to go shopping say, “No thank you. I am working on my business plan,” “No thanks. I am working out,” or “No thanks. I am on a budget,” and no more explanation is required. People will get the point and normally respond, “Me too. I understand.” Spend-a-holics waste money while shop-a-holics waste money, energy, and time. If this is you or somebody close to you, let’s start to turn this around now.

Stop being “ghetto fabulous” or “yuppie fabulous.” No more wasting your life savings on tire rims, flashy jewelry, expensive watches, huge designer purses, pocketbook-sized dogs, and newest luxurious cars while renting a home. Guys, opening the car door for women will get you much further in receiving respect from your date than showy items you bought on credit.

By Darryl L Wortham

From “Transforming People from Consumer to Producer in 90 Days: $aving Money, Energy, and Time More Money to INVEST,” Chapter 7: Saving Your Money (Stretching The Dollar) at www.authorhouse.com/Bookstore/BookDetail.aspx?BookId=SKU-000364880

Top of the Food Chain

Posted on April 5, 2012 by Author Darryl L. Wortham

“It’s good to be the King/Queen.” Your strength and power to succeed are important in implementing these strategies. Be the aggressor to achieve your goals. We all have different sensitivities and personalities, but as intelligent human beings, we are at the top of the evolutionary chain and have goals. When I need motivation, I watch Wild: Predators at War on the National Geographic Channel just so I don’t forget that I’m not prey!

Which are you?

Are you a lion or a hyena, killer or scavenger?
Are you a shark or seal, predator or prey?
Are you the chaser or being chased, cheetah or gazelle?

Great White Sharks are at the top of the food chain, but Killer Whales (Orcas) have intelligence coupled with excellent communication capabilities, along with family structure. They have learned to turn sharks upside down to place the shark in a state of “tonic immobility” to drown them.

By Darryl L Wortham

From “Transforming People from Consumer to Producer in 90 Days: $aving Money, Energy, and Time More Money to INVEST,” Chapter 4: The Important of Strength and Character at www.authorhouse.com/Bookstore/BookDetail.aspx?BookId=SKU-000364880

Do you agreement with or have to implement this wealth strategy?

Posted on March 21, 2012 by Author Darryl L. Wortham

Take charge of your unnecessary purchases, extravagant lifestyle, and lack of retirement fund. Wants are okay sometimes, but just keep shifting the percentage from wants to needs. The migration will be from consumer “wants” and “desires” to your “needs.” Let’s add in another factor called “investments.” This will mean drawing resources from both needs and wants. Then transform “needs” to “investments” into the micro-economy as a producer. This is how you will invest your money, energy, and time as a true contributor to your “Inner Economy.” You will create an industry shift!

If true, treat yourself to “Transforming People from Consumer to Producer in 90 Days: $aving Money, Energy, and Time More Money to INVEST” book to master this concept.

www.authorhouse.com/Bookstore/BookDetail.aspx?BookId=SKU-000364880

Author Darryl L Wortham

Book Endorsement from Entrepreneur

Posted on March 12, 2012 by Author Darryl L. Wortham

“Darryl Wortham applies street knowledge and personal wisdom to break habits and bring forth the producer and, perhaps more importantly, the saver in all of use. Darryl is concise and to the point. You won’t be bothered with complex formulas or generalities found in
some how-to books. Mr. Wortham takes you step-by-step through a series of habit breaking, thought provoking and frugal actions that can free you from being controlled by today’s economic environment.”
~ Rolf Behrsing (Silicon Valley Entrepreneur)

So, what constitutes an investment?

Posted on February 16, 2012 by Author Darryl L. Wortham

Buying mutual funds, buying stocks, or paying off debt is investing. Investments also include starting a business and owning real estate. CDs and interest-bearing savings accounts are other examples of investments because the money is not spent on a want and will generate income. Wants can be dangerous, temporary temptations, because an unnecessary item will divert energy and time from a producer’s more important activities, like living a greener, simpler life and donating to charities. Energy spent on physical fitness, mental health, and community volunteerism is a vital investment as well.

Book Expert from Foreword

Posted on February 4, 2012 by Author Darryl L. Wortham

You must be prepared to take action to start having enough money to accomplish your goals, to stop living paycheck to paycheck, and to retire early. If you are on course to make the same income as last year or, worse, facing declining take-home pay because of ever-increasing taxes, medical costs and declining economy, don’t give up! Saving money, energy, and time will generate more money to invest—creating real income and wealth. Transforming you from consumer to producer!

You must expand yourself personally as well as enhance your inner and macro economics. Rather than growing a mega-company’s revenue or the financial fortitude of millionaires’ pockets, you are going to grow your own individual savings account, retirement plan, and children’s college funds. “Transforming People from Consumer to Producer in 90 Days: $aving Money, Energy, and Time More Money to INVEST” is a guide to help you create a path and roadmap to a life of saving money, reducing debt, living efficiently, and creating wealth by investing within a reasonable timeframe.

What is $ET=M2 to INVEST?”

Posted on January 25, 2012 by Author Darryl L. Wortham

This philosophy is all about multiplying savings: Money, Energy, Time ($ET) that equals More Money (M²) to INVEST! There are millions of people who consider themselves rich, yet they do not have the energy, time, and knowledge to manage their investments to become wealthy. $ET=M² to INVEST is the formula to successfully generate enough money not only to improve your current situation, but also invest in a brighter future. Say, “I will be SET to have enough MONEY to INVEST!”

The first side of the equation is how to save money, energy, and time ($ET). Apply cheap money-saving techniques and master the investment success-minded principles in your everyday activities. This is the foundation to generating more money while your income remains the same. Move material items that do not help you accomplish your goals, those that do not directly affect $ET=M² to INVEST, to the “Wants/Doodads List” to be sold.

Most of these money-saving techniques and strategies will also save energy and time. Energy and time are the great multipliers part of the equation that generate more money (M²) from what was saved. Ideas and how-to instructions are documented in “Transforming People from Consumer to Producer in 90 Days: $aving Money, Energy, and Time More Money to INVEST” book. Many activities and chores may be the most cost effective by employing an expert like legal services, maid services, sewing, repairing cars, washing cars, building decks, painting, etc.

Have a plan in place to invest these savings immediately. Invest your time and energy in fulfilling a dream that makes you truly happy. Create a consistent pattern of expense reduction activities and steady rhythmic flow to funnel these savings into investments. Consistency and efficiency will allow you to focus as a productive person. You will be effective in executing your action and business plans.

Income tax refunds, sale commissions, raises, bonuses, overtime pay, and royalties are not a free pass to spend. Have a plan for this money so that it will be instantly applied to reducing or eliminating debt, funding your retirement plan, and/or growing your business. This will be your real long-term producer reward and not just an impulse consumer buy. Use this as an opportunity to make up lost ground and leapfrog ahead that gets you closer to your dream.

Are you $ET to retire early?

How do you move from a Consumer to Producer?

Posted on January 11, 2012 by Author Darryl L. Wortham

This is not easy but is very attainable with the correct mind set, tools, planning, and action. You passion will be important as well.

This is a seven step process:

1. Change your mindset and attitude (Part I & II) – Week 1
2. Indentify and complete action items (Part II to VI) – Week 2
3. Complete and update checklists (Part II to V) – Week 3
4. Fill in 90-Day Transformation Plan (Part V) – Week 4
5. Update in 90-Day Transformation Plan (Part V) – 60 Days
6. Complete in 90 -Day Transformation Plan (Part V) – 90 Days
7. Fill in 6-Month Transformation Plan (Part V) – 91 Days

We should change, take bold actions, be cheap to save money, succeed in work and life while gaining others’ respect. The key it to implement this in an organized and deliberate matter. For items that require a follow-up action will be marked and executed. Add any specific details and completion date.

This transformation will be explained in detail, along with illustrations and checklists you can use to create a personalized roadmap. Develop a well-thought-out and effective plan of action. There will be immediate-term (days), short-term (weeks), mid-term (months), and long-term (years) goals, objectives, and tasks. This is an inclusive approach to goal setting by covering all aspects of your life. These goal-oriented action plans, in the form of checklists.

The motivational questions, behavioral changes, debt reduction, trading-down, wants, needs, vices, passions, and goals lists. Start hitting the base-hit singles that will soon be doubles, then triples, and eventually home runs! With teamwork from your friends and family, there will be multiple-scoring hits (RBIs). Grand slams will also be achieved!

You may need to sacrifice two or three vices to start with so you can move forward to implement your 90-day transformation plan. For your asset allocation model the key is for your consumer wants and needs to decrease as your producer investments grow. These percentages are not as important as the changes in proportion. Increasing your income can also change these percentages by directing these new funds toward producer investments over needs and wants. There will be a new model after each transformation plan is implemented. To make this manageable, the transformation plan is divided into smaller time intervals starting at 90 days followed by 6 months.

You may become frustrated when your dreams seem unattainable, but there are transformation plans that can be implemented within days, weeks, and years. Follow these guidelines, your transformation from consumer to producer will start or be accelerated today. Remember to first start with Action Items, then Checklists, followed by 90-Day Transformation Plan. If you follow this strategy you will see positive change in 30 days and real progress with 90 days.

Transforming from Consumer to Producer

Posted on December 14, 2011 by Author Darryl L. Wortham

Ask yourself these questions:

Are you living paycheck to paycheck?
Is your net income stagnate or declining?
Do you consume more than you produce?
Are you living a healthy, fulfilled life?
Are you on track to retire with dignity?

If your answer to any of the first three questions is “yes’ or last two “no” I was in a similar situation not long along. This is why I wrote “Transforming People from Consumer to Producer in 90 Days: $aving Money, Energy, and Time More Money to INVEST” to guide you in changing these answers to want your desired.

Business ownership and owning real estate are how 74% of the wealthiest people in the US generated their wealth. Do you want these same income opportunities as the top 1%. You deserve more opportunities to enjoying a fulfilled life for you and your loved ones.

These strategies worked for me and countless others by being progressively cheap to save money, energy, and time to generate more money. I teach you how to invest your savings in debt reduction, income generation, personal growth, retirement plan, business ownership, real estate, and the community. The $ET=M2 to INVEST strategies will transform you from a consumer to a producer so that you accomplish your goals and lead your family to achieve their dreams. This is why I wrote my book to assist you achieve your life, career, financial, and health goals as a producers.

My Inspiration for Writing ‘Transforming From Consumer to Producer in 90 Days’

Posted on December 8, 2011 by Author Darryl L. Wortham

You must be prepared to take action to start having enough money to
accomplish your goals, to stop living paycheck to paycheck, and to retire
early. If you are on course to make the same income as last year or,
worse, facing declining take-home pay because of ever-increasing taxes,
medical costs and declining economy, don’t give up! Saving money,
energy, and time will generate more money to invest—creating real
income and wealth. Transforming you from consumer to producer!

The core concept is not just saving money, but saving time and energy
as well. These savings are multiplied together, giving you more money
to invest. To summarize, I created the equation: “$ET = M2 to INVEST”,
in which saving Money, Energy, and Time ($ET) are multiplied to
generate (=) More Money (M2) to INVEST.

You must expand yourself personally as well as enhance your inner and
macro economics. Rather than growing a mega-company’s revenue or
the financial fortitude of millionaires’ pockets, you are going to grow your
own individual savings account, retirement plan, and children’s college
funds. My book became a guide to help you create a path and roadmap to
a life of saving money, reducing debt, living efficiently, and creating
wealth by investing within a reasonable timeframe.

I examine several major building blocks that inspire and
accelerate behavioral changes:

1. Why and how to change your behavior and lifestyle.
2. How to save money, energy, and time.
3. How to invest your money, energy, and time savings to improve
your present situation and build for the future.
4. How to create and implement a transformation plan.

Progressive ideas and hilarious cheap strategies are also detailed. I
want you to be thrilled about life, saving money for a brighter future,
and early retirement, while having fun at the same time.

The $ET = M2 to INVEST Blog

By Darryl L. Wortham, author of "Transforming From Consumer to Producer in 90 Days"