Category Archives: Inspiration

Wisdom of Uncle B-Bob

Published / by Annie / Leave a Comment

Meet Uncle B-Bob. He was the husband of my beloved Auntie. He died from cancer a few years back but his words live with me to this day.

He was always busy but he would never fail to spend time with us kids anytime I came over to visit. Memories of riding in the back of his pickup truck as he drove us to the fishing hole are among my fondest memories.

Uncle B-Bob was a soft-spoken man who was wise beyond his years. I remember him telling us kids that if we started saving money when we were 18 and started working that we could retire by the time we reached 40.

He said that he wished someone had told him that when he had been younger.

Of course, none of us really paid attention back then. We were too busy fishing to think much of it. I filed the memory away and went on with my life until my Auntie reminded me of his words the other day. My 20-year goal was so similar to his advice that she is convinced he is behind the idea.

Regardless of the truth in that, I can see him in my mind’s eye nodding sagely, saying “you can do it. Just get to work. You may not make much progress at first, but you’ve got to get started.”

Time to get back to work.

The Magic of Time

Published / by Annie / 2 Comments on The Magic of Time

I moved to this house in April 2011. In the fence row of the front yard was a little sapling beside my front gate.

My friend Mr. A wanted to chop it down. I told him to leave it; it would grow into a fence post eventually. That sapling was so insignificant that I never even bothered to photograph it. I finally located a photo of it I snapped a year later when we acquired Lilly. You can see it on the right-hand side if you look closely. It’s growing alongside the post that the front gate is attached to.

I’ve never really thought much about that sapling over the years; it was just there. A few neighbors have commented on how shady my yard stays, how private it is now but that’s about it.

Until this morning.

I woke up, and as is my habit I brewed my morning coffee and sat on the porch sipping the first cup while my dogs had their morning sniff/potty break.

That was when I finally saw it, I raced inside to grab my camera:

That tiny little inconsequential sapling is now a luxurious tree.

A small insignificant incident in my life culminated in this moment. More than anything that has happened in the seven years I’ve lived in this tiny home, that tree represents the changes I’ve experienced in my life.

It wasn’t the only sapling I saved over the years. I propped up the tiny survivor of a hollyhock bush on the left corner of my yard after the local water company decimated the primary bush in my neighbor’s front yard. A year or so after that a child of that bush appeared near the area where I keep my trash can. A sapling I preserved that doesn’t appear in this photo grew into a mulberry tree. The squirrels are grateful for that one since it feeds them. They hop from the branches of the one I photographed into the branches of the mulberry tree whenever they want a snack.

Maybe this is why I’ve grown so attached to this little house over the years. I’ve established roots. For the first time in my life I can sit on my porch and say “that tree was just a sapling when I moved here.” For the first time in my life I can look out and actually, physically see the fruits of my labor.

The magic of it is that I really didn’t do much. I just let it grow, and now look at it!

There is a lesson in that tree. Small actions can have a huge impact on our lives over time. A blog I created on a lark developed into a business. A book I wrote for my aunt became another and another until the royalties grew enough to support us for several years.

The royalties from those books, as I invest the money, will support me again in the future as my hair continues to grey.

Baby steps. It works.

The Art of Staying Motivated

Published / by Annie / 4 Comments on The Art of Staying Motivated

The other night I came home after an exhausting shift at work. I plopped down in front of my computer to check my emails before engaging in my nightly habit of reading a bit before I went to bed.

As I sat there I thought “what’s the point?” What was the point in reading more when I was so drained? It’s going to take years for me to achieve my goal, so what would be the harm in skipping a single night?

That’s when I realized I had a problem. I was losing my motivation.

It’s easy to lose motivation when all you can make are baby steps. When you have to wait days and weeks before you can take another step forward. But that is the reality of my life. I can’t afford to plunk down thousands of dollars and then wait to reap the profits. I have to invest in stages while working to increase my knowledge during my downtime. While I know that every few months I will receive a small payoff in dividends it is a cold hard fact that this project is going to take a while to really begin to pay off.

So how do I stay motivated? What can I do to encourage myself to move forward on the nights when I’m too tired to think, much less move?

With a heavy heart as I considered this I skipped my nightly reading and went to bed. I’d have to find a solution soon or risk giving up.

A few days later I walked to the store to purchase supplies. On a whim I headed to the school supplies section, thinking that a new pencil or ink pen would be a treat. I didn’t need one but sometimes it’s the little things that encourage us to continue moving forward. I found this:

Meet my new Goal Journal. I photographed it with the little piece of inspiration I carry with me daily, one of the silver rounds from my very first investment.

On the very first page I wrote down my goal. I wanted to see it every single time I opened the notebook.

Once that was completed I was stumped. Do I use the journal to chronicle all of my thoughts or to keep track of specifics? I decided to dedicate a single page each month to a cold, hard summary of my progress. I’ve decided to share it with you now.

I didn’t tell you at the time but I began this journey on my birthday earlier this year. I was hesitant to share because the idea sounded stupid even to me. Seriously, an old woman working part time for minimum wage who wants to enter the financial ring with the Big Dogs? The idea was laughable! Who the hell do I think I am, even considering this? Because of my inner demons I kept quiet until I became comfortable enough with the idea to have the courage to share.

The next month I decided to jump in with both feet. I scraped together every single penny I could spare from my book royalties and my income tax refund, took a deep breath, and kissed that money goodbye. I knew that I didn’t know much; I could very well lose it all, but I had to at least try, you know? Wishing wasn’t going to get me anywhere without definite action:

I managed to score free trading from my brokerage until August 8th. Sometimes it pays to ask plenty of questions. I took advantage of the blessing to make a few experimental trades so that I could figure out just how this stock market thing worked. I was completely clueless and I knew it. To my surprise I did pretty well. Not only did I manage to profit from my trades, I even received my very first round of dividends. I was chuffed!

July was the last full month that I qualified for free trading. I’m sure I drove the workers at my brokerage batty with all of my questions that month! I discovered the difference between exchanges, the fact that my brokerage will not allow anyone with a balance of less than $25,000 to trade on certain exchanges “to protect them,” and lodged a formal complaint about not being allowed to invest in the real “penny stocks” — those whose shares trade for literal pennies. A worker there actually called me to apologize personally for the limitation after that stunt and he helped me figure out exactly what I was allowed to invest in through the brokerage. I modified my search criteria appropriately, albeit grudgingly. As I explained, the five or ten bucks I’d planned to toss towards those particular purchases would not be near enough to budge the stock prices and I was well aware of the risk I was taking. By this point I was literally kissing my money goodbye as I transferred it to my brokerage account, and I STILL feel that my brokerage should eliminate that limitation.

When August is over I’ll add another page to my journal as I continue to chronicle my adventure. This will allow me to look back and see a visual reminder of just how far I’ve come. Due to the fact that I don’t require much to live on I’ve managed to accomplish quite a bit over these past few months. When you add the money I invested in early August I’ve managed to top $1,500 invested in the stock market–most of which came from my minimum-wage day job.

I’m not sure if I should be proud or terrified at the fact that I’ve hit it so hard. Fifteen hundred dollars isn’t exactly chump change for me. That’s three months’ worth of living expenses in my world. I guess time will tell as I continue this journey. In the meantime I have a physical reminder of my progress for those nights when I wonder why I’m even trying.

In addition to my goal notebook I carry that silver round in my pocket as I move through my day. Whenever things get tough at work I dig it out, turn it over in my hands, and repeat my goal:

I will do whatever it takes to invest $60,000 in the stock market.

I hope it’s enough.

What do you do to keep motivated about your goals? Please share your stories in the comments below.