Search results for fiscal fitness

What If YOU Won the Lottery?

Posted on: Saturday, September 13th, 2014
Posted in: Spendology, Blog | Leave a comment

Oh my.  A month has gone by. I last wrote about taking vacations—including from devices—and must have been truly inspired by my own ideas! But thus the blogging sabbatical ends. And speaking of inspiration…

Local lottery winners say, “meh”

A married couple not far from here just won nearly $12 million, and seem appropriately pleased but surprisingly unfazed by their luck. The Star Tribune interviews the lucky couple here and shares these heart-warming quotes…

“I have a fabulous job, and I like to work. I actually have to work tonight,”

says Wife, of her waiting-tables job at the charming Lake Elmo Inn.

“I don’t think it’s going to change our lives that much,”

ponders Husband.

“We really hope it doesn’t change the people around us,”

suggests Wife.

There you have it: Real winners! Just folks that are suddenly rich, yet obviously …

Prepping to Leave: An A to Z Guide

Posted on: Thursday, October 11th, 2012
Posted in: Sabbatical Shuffle, Blog | 2 comments

One night next week, the travel gurus at Meet, Plan, Go Minneapolis will have me serve as an Expert in “Prepping to Leave.”

Ish! I mean, that’s often the hardest part of a career break. Still, it pays to plan ahead, big time. So here’s a witty A to Z guide that may make your BreakAway exit a bit less stressful.

  • A is for ARMY KNIFE. Be it Swiss, Victorinox, or Acme, the many timeless tools tucked inside can come in handy. Highly recommended: the corkscrew.
  • B is for BARF BAG. Laugh if you must, but they’re complimentary from (most) airlines, and can be useful for food, garbage, or—God forbid—barf.  Travel much? Hey, it happens!
  • C is for CURRENCY. Cash is king in many places. And if you visit multiple countries, you’ll get multiple math lessons. But use your credit card when you can—and get one that charges no conversion fees. A debit card saves

Postcards from the Ledge

Posted on: Friday, June 29th, 2012
Posted in: Blog | Leave a comment

My thanks to Keane, publisher of BargaNews.com, for this shout-out endorsement—which included the above photo of me sitting outside Aristo’s bar, surrounded by Tuscan mountains, writing postcards.

Keane writes:

The following just popped up on the net.

It is republished here in full as the man has a way with words and has a clear understanding of just what it means to spend time in Barga.

That brief meeting which Kirk talks about was featured as well in the DAILY IMAGE that day.

There he is sitting outside Aristo’s writing postcards.

The image was taken because it featured two things that might not always be there in the near future – postcards are becoming something of a scarcity for many people and the euro change sitting on the table next to the cards.

Will there still be the Euro in Italy in a year’s time ?”

Yes, …

Freedom from Financial Angst

Posted on: Monday, July 4th, 2011
Posted in: Spendology, Blog | Leave a comment

What does freedom mean to you?  Americans continue to feud about that question like the Hatfields and McCoys.  But to this Yankee, personal freedom means, above all, freedom from financial angst.  Life is too short to spend it fretting about debt, regret, and lost dreams.

  • Money Maven Kara McGuire Suggests 5 Tips

It’s not that hard to get out of the red.  Just yesterday, the Star Tribune’s “Your Money” column offered 5 tips that may be easier read than done, but can help achieve financial indpendence.  The author suggests spending some holiday weekend time (on the hammock) pondering these sensible ideas.

Like…

  1. Revisit your retirement-saving regimen.
  2. Teach your children well—including common sense about dollars and cents.
  3. Free yourself from debt.  ‘Nuff said.
  4. Just say no, thank you, to pricey splurges.
  5. Seek financia

American (Money) Idiots

Posted on: Thursday, December 2nd, 2010
Posted in: Spendology, Blog | Leave a comment

We Merr’kuns may still be learning our money math. But if a downturn is good for anything, it’s for ruthless fiscal forehead-gripping—for economists and Joe 6-Packs alike. 

The good news:  Americans are reducing their credit card usage.  In fact, more than 8 million people stopped actively using their cards in the past year.  Now a big part of that is because many folks have gotten their swiper taken away.  But maybe we’re also wising up, and those 20-something interest rates just don’t interest us any more. Still, the sad fact remains that the average credit card balance hovers around $5,000.  Ugh.

The bad news: Our college students admit to overall cluelessness about managing their own money, and (of course) blame their parents.  (Duh!)  

The latest digits…

  • 77% of students said they didn’t feel fully prepared

Big-Time Lawyer Takes Big BreakAway Bait

Posted on: Sunday, April 12th, 2009
Posted in: Sabbatical Shuffle, Blog | Leave a comment
This New York Times story might, for a moment, invoke grave jealousy.  After all, not many folks get offered $80,000—one-third of their base salary—to take a year off from their lawyer life.  (Actually the story has sparked quite a bit of spirited debate on the readers’ comments page, where opinions range from envy to encouragement to outrage.)

But more power to her.  She’s taking the bait and going around the world!  What’s more, she easily fulfills my Top 5 BreakAway Basics.    
  • Accept your mission.  She’s going to teach English to monks and promote solar power.  Hot! 
  • Get out of town.  RTW?  Only the moon might offer more remoteness. 
  • Take your time.  We suggest at least a few months; she’s got a whole year! 
  • Exercise fiscal fitness.  Wow.  She’s getting paid and keeping her job. 
  • Seek a better place.  Personally, she’s going for growth.  Glo

Home? Again?

Posted on: Wednesday, February 25th, 2009
Posted in: Travelog, 6th Stop: Minnesota (Home), Latest Trip | Leave a comment
When Dorothy gushed, “There’s no place like home,” she was not choosing between Caribbean and Cold. But she got home, as have we, and it feels odd as Oz. The kids were elated like Munchkins. The cat was more manic than the cowardly lion. And despite a palace-high pile of mail, a vibe of relief and accomplishment was also palpable.  

  • But first, Welcome to TGI Friday’s! 
One last time, we had become human cargo and endured a 12-hour travel day, from Puerto Rico to Minnesnowda.  At some point, we entered American airspace.  A layover in Atlanta took us to TGI Friday’s, which served up many “treats”, like enormous portions (compared to the Caribbean) and fast, fervent service (ditto).
After months of limited, often insipid beer selections, the large pale ale in a frost-covered mug flowed with such dynamic flavors it almost provo

How the hell do you do it?

Posted on: Friday, February 20th, 2009
Posted in: Spendology, Blog | One comment
It’s countdown time for this 69-day BreakAway in the Caribbean—a bittersweet time that brings a high tide of introspection. “Why” I do this (Sabbaticals) is clear as Caribbean waters to me (and frequently babbled about on this website). But now I ponder a question sure to await when we get back home…

  • How the hell do you do it?”
It’s simple, really:  Just Do It.  But to provide the financial wherewithal that can fuel that bravado, I strive to live by 11 Commandments of fiscal fitness, the first of which is “Live within your means, no matter what that means.”  At some point, if these commandments work, money need not be an ongoing stressor.  And life is too short to let money completely dictate your dreams. 
 
Living within your means can sometimes mean avoiding things like expensive cars and debt (except a modest mortgage).  Such steps usuall

Obstacles to Overcome if You Want to Get Away

Posted on: Saturday, December 27th, 2008
Posted in: | 5 comments

70% of professionals making more than $40,000 a year say they dream of taking a year off. Yet only a tiny fraction of them ever will. Why? Because they let some obstacle—or a whole, obstinate obstacle course—stand in their way. Those barriers can come from your employer, family, or friends, and rest assured they will. But they can also come from your own head, which may host obstructions so big they can overshadow your best intentions.

Here’s a look at some of those obstacles, plus some quick retorts to help you get around them.

  • Obstacle One: I can’t afford it!

Ouch. That’s a hard one. Money is such a touchy subject, and most of us possess various financial dysfunctionalities and talk about fiscal fitness way more than we exercise it. So only you really know whether or not you can afford a Getaway—in money or time.

B…

4Hire

Posted on: Friday, December 12th, 2008
Posted in: | One comment

Inspiration for Hire

If you’re ready to dive deeper into the topic of Sabbaticals or plot your own BreakAway, Kirk Horsted (The BreakAway Guy) can help.

Kirk is available to coach fellow dreamers and schemers and consult with organizations interested in leveraging the power of Sabbaticals to help recruit and retain top employees and manage staffing costs.

Kirk would also be honored to speak to your professional organization, inspire your group, or just entertain your gathering. You’ll learn the countless ways to realize a BreakAway, and why a Sabbatical can be the best career—and life—move you’ll ever make.

Formats

This inspiring topic works well in a variety of formats. A speech (from 45 to 75 minutes) offers entertainment, humor, and an engaging slide show to present the main ideas. A workshop provides key points while gu…