Smart Spending!

By now, many have a good idea of what the first step to becoming wealthy is; smart spending.

In itself, smart spending would include:

  • Knowing where your money is going
  • Knowing why your money is going where it’s going
  • If there is waste spending, be willing to admit it and make necessary changes to stop it
  • Identify spending habits that will help to make necessary changes that help with changes
  • Begin planning ahead when knowing spending will be taking place
  • Learn the good sense of spending appropriately

Moving forward, we’ve learned from all this where we’re able to cut back and where to save on when we spend our money. This will lead us to have money left over after each paycheck at the end of the month. The question now is what to do with that leftover?

Some or our initial tendency will be to go and spend that extra money on something that we’ve been working all month to keep from purchasing in the first place! This is what we’re at the most wanting to avoid doing all over again.

As you research, others you will find may make two initial recommendations; put ten percent of your income aside into a type of account that you don’t touch and allows you to save the money and put ten percent of your income toward charitable donations.

Even though I do agree with what this is recommending, there are some things about it that I will suggest in a way that I feel helps us to become more accommodating with this change depending on our own specific circumstances.

For instance, if we’re already struggling to make our ends meet paycheck to paycheck by just cutting some of the excess we start to see a little light that can now be applied to pay off some of the credit cards or loans. Then let’s take care of these things first to lessen the pain as quickly as possible before storing extra amounts away.

At this point we’re trying to not only keep our spending in order, but also to now lessen any amount that we owe to others. To do this we should take as much of this new extra money that has been made available through removing wasteful spending and applying that to a specific credit card or loan that we owe on.

Some might suggest targeting the one with the highest interest rate. Myself, I prefer to start with the one with the lowest amount due. This allows us to begin getting rid of payments to the number of different accounts as quickly as possible. As we begin to see them disappear this helps to show us making headway on what we’re trying to accomplish while also feeling good in ourselves.

Ultimately, we’ll be continuing to pay on all the accounts and will pick up payments on the high interest ones also, paying them off much quicker that we otherwise would have.

If we hadn’t done anything, we wouldn’t have been putting money aside to save or donate anyway. Once all credits cards and loans are payed off, we’ll be able to then begin placing necessary amounts away in proper savings and for donations.

Saving our money and helping others is important, but whenever we don’t spend smartly we’re still wasting our money.

Believe in yourself,

Warren La Duke

That’s One I Don’t Even Use!

While at the store recently looking at food dehydrators, a gentleman commented to me that the I was looking at was one that he had but doesn’t even use. Consider how frequently we will purchase things on a whim, for whatever reason, and then not use them beyond an initial first time or at all, as this fellow at the store kindly wanted to share with me.

For whatever reason we’ll be off with the intention to purchase specific items and once in the store other items catch our eye, either because they’re on sale, we’re been thinking about getting them for a while anyway, a salesperson convinced us it was quite the deal, or some other good reason.

Then once we get it home off it goes to the shelf until we plan on using it and there it sits…collecting dust never getting used because we never really needed it in the first place.

Can we all admit that we’ve done something like this? I can on several occasions.

This is part of what keeping track of our spending is about. Tracking will allow us to identify unnecessary items that we purchase along with when we may have a greater tendency to purchase them!

These are just a few things to keep in mind as we head out to spend our money while also trying to keep that spending under control:

  • Be aware of how you personally are feeling before you head out to shop; i.e. statistics show that if you’re hungry when you go grocery shopping you will purchase more.
  • Knowing what item you may be looking for, search beyond what is right in front of you. Stores will often place higher ticket items on shelves at eye level to catch one’s attention quicker before they search elsewhere for better priced, but just as good items.
  • Some of us have a greater tendency to give in more easily when shopping. Be willing to shop together with a partner who is more likely to stick to an original plan of only what’s required, or if necessary, let the partner take care of the shopping altogether.
  • Quite often having younger children with us can be distracting, especially when there may be more than one. Removing the distractions when shopping is important allowing us to remain focused.
  • Know ahead of time by preparing a list, before you leave your home, what it is you intend to purchase and stick to that list!
  • Taking time to plan ahead and do necessary research online is a big help. This will allow one to identify better brands, what’s on sale, and possibly any sales coming up that would require us to consider putting things off a few days.
  • Occasionally we will purchase items where the price may not be set, and the seller will consider something we offer; such as when purchasing a vehicle. Under these circumstances determine beforehand an absolute maximum price, and never ever go over it no matter how bad you might want the item!

Believe in yourself,

Warren La Duke

Time To Cut The Fat!

Collecting receipts is simple enough as we’re out and about, even just sorting through them to see where the money is going. There are plenty of reasons to be collecting the receipts anyway that can be discussed another time, but for now once it’s been determined where the money is going and where to begin cutting the fat out of our spending, this is a great first step!

Taking this first step can be very difficult for some. Admitting what is waste spending and accepting the decision to stop the spending can cause some people from moving forward on their journey to becoming wealthy. Giving up convenience for a short term might be just too difficult to accept.

That’s an important fact to remember here. The changes we’ll be making to put our finances in order only need to be for a relatively short term. Once we’re securely on track to financial freedom if there is still a desire to pick up some of our old habits then they can be revisited and determined if they’re wanted.

At this time what we’re doing is identifying those things in our lives that we purchase on a regular basis that aren’t needed. We’re cutting out the fat in our regular monthly expenses. It’s time to bite the bullet and accept what’s wanted but not needed.

This will allow us to finally see how much extra money we have at the end of a month. No, this won’t be used for purchasing extra stuff that we just cut out. The purpose of this extra money will be to apply to credit cards and loans that we can get rid as quickly as possible.

In the end this gives us money that we’ll have available for emergency situations, preparing for our next big purchase item, investing appropriately, when we retire.

Cutting the fat from our expenses helps us to become a lean, and knowledgeable spending machine! Know where your money is going.

Believe in yourself,

Warren La Duke

How Do You Spend Your Money?

Yesterday we mentioned the importance of knowing where your money is going. Consider if where you work, they had no idea where their money was going to or coming from how long they’d be in business? For any company to stay in operations and be profitable, they must track their money flow. Fortunately, if a company is intending to stay in business for any time, they’ll have an accountant take care of this.

I’m not suggesting that everyone go and hire accountants to do their money management for them, although if you were an accountant I’m certain that you’d like that idea. However, having a way to keep track of our money flow daily is just as important as any profitable company!

If you’re not used to this, then this is something that must change and become new in ones life.

To start, let’s look at our money situation. Consider these questions:

  • Do you know how much of your money is available on a daily and a weekly basis?
  • Are you familiar with how much is left in your checking account after all the bills are paid at the end of the month?
  • Are the amounts on your bills consistent or will they vary from month to month?
  • If the bills vary, do you know when that will occur and by how much they will change?
  • Is the amount you receive as income a consistent amount or does it vary?
  • If your income is variable do you know how often it can vary and by how much?
  • Are checks being written that you may or may not be aware of until after they are cashed?
  • Do you and anyone else in your family have access to your account through a debit card?
  • If so, do you communicate to the other(s) when making separate purchases?
  • Do you use cash to make purchases or are they strictly through credit card or debit card?
  • When making a purchase do you accept/request the receipt, or do you ignore it?

We’re not all accountants when it comes to our own personal financial accounts but being aware of those finances and where they’re going is necessary if we’re ever to be in control of them.

Right now, some might be considering taking a huge next step to find ways to be tracking their money. There are some excellent ways to do this, but I’m not going to get into any of that now. I’m suggesting that if anyone is willing to make some changes then let’s start small and first see what we’re spending the money on.

Let’s start with picking up a receipt anytime we buy something. After a week look at all the receipts and see what’s been purchased. At that time, this may also help to open our eyes toward some of the necessary items that were purchased and consider reevaluating just how important some of those items were!

This will give us some idea of our weekly spending habits, and ideas of where we might need to begin making those changes.

We can’t fix a problem if we don’t know what it is. Starting small with just obtaining the receipts for our purchases helps us to narrow down our focus and to identify where changes should begin!

Believe in yourself,

Warren La Duke

Becoming Wealthy Is A Decision We Make

The idea of being wealthy is something just about everyone has for themselves in one manner or another. I mean really, who wouldn’t enjoy having enough money to not have to worry about bills, or purchasing anything when it’s needed, and when we’re done working to be certain we have enough to finish out our years without having to wonder if it’ll be there.

Fortunately for all of us, becoming wealthy is possible for anyone who is willing to make the decision, and put in the effort that is necessary. When I say this, I’m not talking about having funds to invest in stocks or other things either. I’m talking about having an income, paying attention to where our money is going, and learning the good sense of how to spend, and not spend, appropriately.

Let’s talk about this and see what’s possible. You’ll also more than likely come up with thoughts and ideas where you’ll disagree. That’s fine. Let me know. Not everyone has the same life, but there are many thoughts, habits, and ideas that we all have that are similar, if not the same, and are true money wasters!

Every day we all have some sort of regular habits that we tend to go through. Things that we enjoy, like, prefer, and often don’t even think about since they’ve become habits. For example, I always enjoy a hot coffee in the morning to get going. If I were to purchase this along my way to work, I could get it at a local establishment for $1. That would work out to $5 a week, $20 a month, and $260 in a year. Making this myself at home before I left, I can make it for approximately $0.10. That works out to $0.50 a week, $2 a month, and $26 per year.

That’s a difference of $18 a month, and $234 per year that this money can be used elsewhere if need be, or not at all depending on my financial circumstances. Now some might be thinking, “What’s the big deal of $18?” Apply that to other habits you might have and the money you’re spending and could be using elsewhere or saving.

This describes one of the first steps in becoming wealthy where things may seem minor and insignificant, but to those who are serious it’s an important decision-maker! Are you willing to make the changes necessary that will require giving up things that may seem foolish or stupid, but over even a short time will make a huge difference financially?

You see, many aren’t willing to make the simple changes it will take, and that’s also why there are so few in the world who truly desire to become wealthy!

Think about what some of your daily habits are, and what the costs related to those habits are. No matter what it is we do there is a cost related to it somehow.

Right now, consider what it is that you do and has no true use in your life and can be given up. This can includes extra foods and drinks that we acquire for the simplicity of it, some of the fancy things in our lives that we either don’t need at all or could have gotten by with some simpler and less expensive, or that special gadget we just had to have that was on sale and we’ve used only once or not at all!

If you’re truly making the decision to become wealthy then know where you’re spending your money, and be willing to make the necessary changes in those spending habits!

Believe in yourself,

Warren La Duke

The Answer to Your Questions . . .

The final article that Orrin Woodward will provide in regards to the C-4 Project is out quicker than I anticipated. So, I wanted to share it with everyone ASAP.

What opportunities this provides a person who may or may not be looking is beyond belief, and anyone who has any understanding of cryptocurrencies will know what I’m talking about!

Read this article and if you have any questions about the C-4 Project feel free to contact me. I’ll get back to you with additional information.

The Key to Solving the Chicken or the Egg Challenge

Believe in yourself,

Warren La Duke

Where Things Are Going!

Recently I provided a copy of an article written by Orrin Woodward that touched on financial issues that face many of us today through the Financial Matrix. In this article Mr. Woodward continues with the LIFE’s pre-launch of the C-4 Project and how that is involved with Crytocurrencies in a way that is different from how most people understand Cryptos.

Today, I wish to share the most recent article that Mr. Woodward has provided. Check this article to find out more how the future of crytocurrencies will not be what it has been projected in the past, and how the C-4 Project will be involved in what is to come.

The Crytocurrency Crash and C-4 Project Solution

Another article is forthcoming and I will share that as it becomes available.

Believe in yourself,

Warren La Duke

P.S.; For those who are curious to know more about the C-4 project feel free to let me know.

Ever Get The Feeling Something Big Is About To Happen?

A good friend of mine has been keeping me informed of some changes that are about to take place in early January 2019. Have you ever gone shopping and automatically received a discount when you provided the store your payment, and then were paid for what you purchased too? This blog by Orrin Woodward shares some insight of what’s coming.

Believe in yourself,

Warren La Duke

If It Doesn’t Suck, It’s Not Worth Doing!

Came across this article by Benjamin P. Hardy that he had originally contributed to in I find that what Mr. Hardy has written is a very insightful article sharing some important truths. Take a read and see for yourself.

Original Hardy article posted on

According to psychological research, the anticipation of an event is almost always more emotionally powerful than the event itself.

According to psychological research, the anticipation of an event is almost always more emotionally powerful than the event itself.

The dread of asking your boss for a raise is paralyzing and can last months. Yet, once you get yourself to finally do it, it’s over before you know it. The excitement of attaining some object or objective can become obsessive. Yet, shortly after you obtain your desire, you’re bored and in search of something else. “We buy things to make us happy, and we succeed. But only for a while. New things are exciting to us at first, but then we adapt to them,” says Dr. Thomas Gilovich, Cornell psychologist.

Interestingly, your mind can seduce you so much so that the idea of something becomes more satisfyingthan the thing itself, so you stop at the idea and never make it real. Thus, in his book, Ego is the EnemyRyan Holiday explains that a primary obstacle to success is the idea of success.

It’s so easy to dream.

It’s easy to tell people about your ambitions. It’s easy to create vision boards and write down your goals. It’s easy to stand in front of a mirror and declare affirmations.

And that’s where most people stop.

The very act of dreaming stops you from achieving your dreams.

You’ve played-it out in your mind with such intoxicating detail that you become satisfied enough. You become numbed. And you deceive yourself into believing you’ve actually done something productive.

Consequently, when you attempt the activity itself, you immediately hit a stone wall of resistance. More often than not, you quickly distract yourself from the discomfort with some form of momentary pleasure. Yet, Robert Greene explains in his book, Masterythat you can learn to love this internal resistance. In his words, “You find a kind of perverse pleasure in moving past the pain this might bring.”

How To Get Out Of Your Rut

In his book, Living with a SEALJesse Itzler tells the story of being inspired by a certain Navy SEAL and consequently inviting him to live at Itzler’s home for a month. Itzler admitted being in a personal rut and wanted to shake himself out of his routine.

Day 1: “SEAL” asked Itzler, “How many pull-ups can you do?” Itzler squeaked out eight shaky pull-ups.

“Take 30 seconds and do it again,” SEAL said.30 seconds later, Itzler got on the bar and did six, struggling.

“Take 30 seconds and do it one more time,” SEAL said. 30 seconds later, Itzler got on the bar and did three, at which point his arms were exhausted.

“Alright, we’re not leaving here until you do 100 more,” SEAL stated. Itzler was puzzled. “Alright, we’re gonna be here a long-time. Cause there’s no way I could do 100.” However, Itzler ended-up completing the challenge, doing one pull-up at a time. Thus, SEAL convinced Itzler that he could do way more than he thought he could.

The principle SEAL taught is what he calls the 40% rule – which essentially means people feel maxed-out mentally and physically, and thus stop, when they are at only 40% of their actual capacity. Going past this 40% capacity is when it becomes uncomfortable. Thus, SEAL’s mantra, “If it doesn’t suck, we don’t do it.”

The Power Of Objective-Based Pursuits

“The pain is a kind of challenge your mind presents – will you learn how to focus and move past boredom, or like a child will you succumb to the need for immediate pleasure and distraction?” – Robert Greene

Like Itzler who shattered a mental barrier by completing 100 pull-ups, you too can get out of your rut by pursuing tangible objectives.

The concept is: Do something and don’t stop until it’s complete, no matter how long it takes.

Your goal is to learn how to accomplish hard things without continuously distracting yourself. You want to develop what Greene calls “A perverse pleasure” in experiencing internal conflict, and sitting with it.

This concept is embedded in Crossfit. Unlike most people, who check their smartphones between exercise “sets,” at Crossfit, you have a specific objective and you kill yourself until it’s done.

If it doesn’t suck, we don’t do it.

You can apply this principle to anything and everything. You can do a homework assignment and just do it until it’s complete. You can write an article and stick-to-it until it’s published. You can do 100 pull-ups, or run 5 miles, and go until you’re done. Who cares how long it takes?

The Greatest Opportunity In History

In his book, Deep Work: Rules for Focused Success in a Distracted World, Cal Newport states the following:

“The ability to perform deep work is becoming increasingly rare at exactly the same time it is becoming increasingly valuable in our economy. As a consequence, the few who cultivate this skill, and then make it the core of their working life, will thrive.”

Without question, we live in the most distracted time in human history. It is almost impossible to remain focused on a single-task for more than a few minutes at a time.

The law of opposites is in affect. With every action, there is an equal and opposite reaction. While most of the world is becoming increasingly distracted, a select few are capitalizing on this fact. There is also a widening chasm between the spiritual and secular – where the two used to be synonymous.

Hence, Economist Tyler Cowan has said, “Average is over.” The middle-class is gone. Either you’re among the select few who are thriving, or you’re like most people who are distracted, overweight, and struggling.

The choice is yours.

When something sucks, do you quit? Or do you push-through and eventually enjoy the satisfaction of growth and success?

Anything worth doing is going to suck at the beginning. Anything worth doing is meant to require pain and sacrifice. Herein lies the problem facing America, which originally was built on the moral of impulse control. What once used to be a country filled with people sacrificing momentary pleasure for a better future, the overpowering message of today is live for the moment.

And that’s exactly what people do. They live for this moment. Consequently, when something sucks, or becomes hard, most people quit. Most people indulge themselves in momentary satisfaction at the expense of a better future.

To make matters worse, the twin “truth” of today’s culture is love yourself for who you are. The self-esteem movement of the late 20th century is an enormous contributor to America’s faltering success.

People are taught to love themselves regardless of their performance. Thus, they justify mediocrity. Yet, Asian’s and other immigrant groups who often are considered to have low self-esteem consistently outperform American’s who have high self-esteem.

Unlike in other parts of the world where hard work is seen as a virtue, the repeated phrase in America is: “Don’t work too hard!” Success these days is to get as much as you can for as little work as possible.

In the book, The Triple Package: How Three Unlikely Traits Explain the Rise and Fall of Cultural Groups in AmericaAmy Chua and Jed Rubenfeld explain that most successful people not only control their impulses, but also have an implicit sense of inferiority.

These people may have confidence, yet, they remain unsure of themselves. They have a chip on their shoulder due to being oppressed in some way. So they continuously push themselves, regardless of how successful they become, to prove themselves. They are never satisfied with what they’ve done. They continue to feel inferior.

These very traits are awarded in today’s economy because they are so rare. Again, few people control their impulses, but instead live for the moment. And few people, especially in America, have any sense of inferiority. Rather, most people have bought into the myth that you must first love yourself before you can become successful.


True confidence is earned. It’s earned by succeeding. Not by wishing for success. Meta-analytic research confirms this.

True confidence emerges when you consistently push-through things that suck. The longer you sit with the boredom, pain, and discomfort – and actually create something meaningful, the more confident and successful you will be.

Hence, Ryan Holiday explains in an interview with Lewis Howes: you are rewarded for the work you actually accomplish. Not the promises you make.

Doing the work is hard.

Getting into elite physical condition is brutal.

Building deep and committed relationships is nearly impossible. Most marriages end in divorce.

All of these things “suck,” at least initially, and in-the-moment. However, if it doesn’t suck, it’s not worth doing. And you absolutely can learn to endure the discomfort of the moment to build a life worth having.

If you’re stuck in a rut, like Itzler, challenge yourself to complete specific objectives – no matter how long they take.

Pleasure Vs. Happiness

“A life that doesn’t include hard-won accomplishment and triumph over obstacles may not be a satisfying one. There is something deeply fulfilling – even thrilling – in doing almost anything difficult extremely well. There is a joy and pride that come from pushing yourself to another level or across a new frontier. A life devoted only to the present – to feeling good in the now – is unlikely to deliver real fulfillment. The present moment by itself it too small, too hollow. We all need a future. Something beyond and greater than our own present gratification, at which to aim or feel we’ve contributed.” – The Triple Package

True happiness – joy – is fundamentally different than momentary pleasure. Not to say momentary pleasure is inherently bad. However, it often gets in the way of something more real and lasting.

Anything worth doing brings a satisfaction that distraction never can. Don’t give into the resistance. Push through the difficulty. That’s where a joy that those who stop will never taste.

Said Geologist James Talmage:

“Happiness leaves no bad after-taste, it is followed by no depressing reaction; it brings no regret, entails no remorse. True happiness is lived over and over again in memory, always with a renewal of the original good; a moment of pleasure may leave a barbed sting, [as] an ever-present source of anguish.”

Read the original article If It Doesn’t Suck here.


Are You Ready To Set Sail?

Have you ever wondered why it always seems that the other guy gets all the breaks?

Or, does it seem like as you put in your effort what one would expect for returns just doesn’t quite make it?

I’ve always thought that if I put in my fair share I certainly should get what I felt I deserved. However, in the end things don’t always work out the way we expect not knowing all that is involved.

For example, let’s say you fixed up a house that you purchased for some renovation, and then would intend to sell off at a higher price to account for the time and material you put in hopefully making a nice profit.

In this example we’ll say that you purchase the home for $150,000. After three years the updates were complete and the house was ready to be sold.

It turns out that the amount you put in to get the house ready for sale over the three-year period was $25,000. Unfortunately, the most that buyers were willing to offer to purchase the house was $165,000.

It turns out that there were more houses available than buyers at that time, therefore giving buyers a greater option to choose from and what to offer when they did wish to buy. At that time is had become a buyers’ market, something that is beyond our control.

A similar situation like this had happen to me recently. My situation was a financial loss in the end, but it did provide many exciting opportunities over those years getting the house ready in the end.

Yesterday I was attending a meeting and the speaker, Chris Brady, shared this statement, “Your ship doesn’t come in until you send one out!”

Although my “ship” didn’t come back overflowing with profit when I sold that house, it did come back chock full of experience, knowledge, memories, opportunities, and more that I would have never been able to obtain had I not sent that ship out when I bought that house and taken the chance initially!

I’ve since been able to move forward to my next opportunity that I would never have considered had I not sent my first “ship” out…

When one is looking to do something more in their life they need to take the first step and see what that life looks like. If we wait for the right thing to come to us we’re going to miss it only because we won’t recognize it not knowing what we’re looking for!

Get up and experience things you want to do. Determine what you what to be doing in life and go do it!

Believe in yourself,

Warren La Duke