Archives For December 2011

Christmas is not a time nor a season, but a state of mind. To cherish peace and goodwill, to be plenteous in mercy, is to have the real spirit of Christmas.
-Calvin Coolidge

Merry Christmas


Want to register for the Dave Ramsey book? Comment on the Christmas Giveaway post. Winner will be chosen on Friday Dec 16th.

What do you think of our first video? Comment below if you’d like to see more in 2012.

Screaming Santa

Don't be left crying in January!

Many of you have finished your Christmas shopping, not me of course. That will have to wait till later. Some of you have already overspent more than your budget allows, haven’t you?

Don’t feel too bad. In the UK, 1 in 3 will go into debt this year due to Christmas spending, and 58% of that will be on credit cards. In the U.S. The average family will spend $646.00 on gifts this year (2011).

You even bought yourself a Christmas present too, didn’t you? I know you did, because that’s what Americans do. We buy stuff we don’t need with money we don’t have. Then we pay for it later, much later.

Santa will bring your kids gifts, but he won’t be around for the rest of year when the credit card statements start coming in January.

Let’s put this into numbers. Say you are average with buying $646.00 worth of Christmas gifts on credit cards at 14%. Your minimum payments will be $15 and it will take 61 months to be rid of that debt and you’ll pay an additional $256.74 in interest. Ho Ho Ho Merry Christmas!

Why not spend within your means for Christmas, so you won’t need debt coaching next year? The kids will just play with the boxes and wrapping paper anyway.

Better yet, try Advent Conspiracy and give relationally. Live a debt free Christmas

This year we are attempting to spend $167 on Christmas gifts. Why so little?

Well, that is what we saved up and we don’t want to spend our Emergency Fund or go into debt. I’ll post more on if we stayed in budget and how we did it for so little (don’t want to spoil any gifts).

(Photo by RaGardner4)

The Blogging Life

Brent Pittman —  12/10/2011

Thanks for being part of the community at On Target Coaching! Thanks for RSS, commenting, Re-tweeting, and supporting me. Occasionally I’ll be writing posts to YOU, the readership and community of On Target Coaching, with how the Blog Life is going.

I blog and/or read blogs every day. It’s the Blog Life. This was my first Monday-Friday week of full time blogging and coaching as the previous weeks have been holidays and traveling.

There is a learning curve for working at home, especially when your spouse also works from home and takes care of your cute son. These are some things I’ve learned these past few weeks:

  • I need to get out of the house. I worked a few hours outside the home and got a lot done. It was good for both me and my wife’s sanity. I also got a lot done and had some good coffee.
  • I need to take time and focus on my wife. With all the recent changes, I need to make sure there is uninterrupted time where we can be alone and talk (not about $ or the businesses).
  • I really like writing and growing my business. A friend commented that I am much happier now that I’m self-employed. I think they’re right! I’m ruined for life.
If you have any suggestions for how I can improve your experience, let me know below in the comments or via Twitter @ontargetcoach or Facebook

In light of the Christmas season, I’d like to give away a free book that will help you on your way to financial success. The Total Money Makeover (Amazon Affiliate Link) has proven to be a great tool that I continually refer to for financial questions and advice. Dave Ramsey will help get  your finances in order with his proven 7 Baby Steps to Financial Freedom. Want to win this book?

If you’d like to participate, here are the rules: Comment on this post below or via Twitter @ontargetcoach with your favorite Christmas movie (bonus creative points if you tell the scene). You have until Friday, December 16th 5:00 PM (PT). I’ll use to randomly choose a winner and mail the book to you. Easy right? Looking forward to your comments. Merry Christmas!

***UPDATE the winner is Bill*** Congrats and Merry Christmas!