Ouch!

On the first TeleSeminar of the year I challenged every Wealthy Woman to put away her credit cards; unless mandatory usage was necessary.  I included myself in that number.  It was amazing how many times I had to “just say no” because I did not have the cash or didn’t want to spend the cash.  We women know just how hard it is to part with our cash!  I must confess, I fell short of the glory by three purchases I made, because I had completely forgotten.  But, I’m back on track.

This challenge is not only saving money by reducing my debt but also reducing any possible interest payments.  I am biting the bullet and tightening the belt.  Even last week American Express Company announced it was having problems because of slow and/or delinquent payments of its affluent and wealthy cardholders and setting aside $400 million for.  I believe it was providential for God to help us by having us put away our credit cards and to begin addressing our spending habits.  Let’s not get caught up in the economic consumption which may be the problem that results in the real economic crunch of this nation.

What was your experience last week?  Do you think you can get through 3 weeks of no credit cards?  I want to know “how ya feeling”? 

Catherine Eagan, CEO
The Wealthy Women

 

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  • 2/4/2008 10:46 PM CATHERINE wrote:
    I tries to get through the month but fell short a couple of times. I forgot what it felt like paying cash only. I started feeling real good! Only thing I did not like was carrying so much cash I usually don't carry much. I am not on a roll to limit credit card use and be more alert.
    Reply to this
    1. 2/12/2008 1:08 AM Anonymous wrote:
      Oops! Is that Freudian or what! I meant to say I am on the path to reduce the use of credit cards. But more importantly, pay the entire BAlANCE OFF! I'm PAYING ATTENTION TO THE DETAIL
      Reply to this
      1. 2/13/2012 2:18 AM Event Permits New York wrote:
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  • 2/11/2008 9:06 PM V W wrote:
    I shall achieve my greatness and the objectives that I have. I shall manage my time by the beginning of the day. I will take authority over my daily money management and I will spend no more than $10.00 on 2.12.08. I shall be faithful to myself too. My word is my bond. My old habits are not constructive. I will pay attention to the details of my finances. This is the greatest year of my life.
    Reply to this
  • 2/11/2008 9:09 PM Lawrence W wrote:
    I am going to spend 0 on 2.12.08 to build my wealth.
    Reply to this
  • 2/11/2008 9:09 PM Tanya wrote:
    This Tanya from teleseminar on Feburary 11, 2008. Thank you for being sensitive to the Holyspirit about coming to st.louis I am leaving my blog amount of 0.00 I will spend tommorow In Jesus name amen. I can do all things through Christ who Strenthens Me!
    Reply to this
  • 2/11/2008 9:31 PM sedeal wrote:
    I am going to spend 0 dollars on 2-12-08 to build my wealth with god help.
    Reply to this
  • 2/11/2008 9:57 PM Gail wrote:
    I am going to spend $0.00
    Reply to this
    1. 2/12/2008 12:53 AM Minister Eagan wrote:
      I said that I was going to limit my spending to $15.00, but I got to thinking what if I spent $0.00. So, I decided to spend $0.00. I am believing God for creativity to use the currency of passion and creativity as my cash flow. BIG STRIDES TO THE WEALTHY PLACE and I am praying for Holy Ghost POWER to continue daily!
      Reply to this
  • 2/12/2008 12:39 PM Elese wrote:
    I set my limit today to $10. Decided to bring my lunch so I could spend $3.50 for a Chai Latte. I know I can do it. Also spent 10 mins last night planning my day. So far I have been very productive
    Reply to this
  • 2/12/2008 2:50 PM Rita A. wrote:
    I am challenging all the Wealthy Women Listeners to give up a coffee/lunch or dinner once a week & then we should all be able to become Silver Club Members. I kept telling my self I want to be a member but I can't afford to yet, then after listening to Minister Eagan last night about saving I thought why not limit my spending & also gain some power & authority over my money buy joining the Wealthy Women Silver Club I can only win. So I decided to skip at least one meal a week which would pay my monthly Silver Club dues, so I say this to all the listeners, try it for a month or two to get use to it, then just sign up, we can only win. Let deny our flesh & get filled up on the word, wisdom that will take us to that place God wants with Minister Eagan's help we can get there! Glory to God & Thank God for sending us Minister Eagan to help us!
    Reply to this
    1. 2/12/2008 5:17 PM CHRISTINE wrote:
      YES, I AM IN AGREEMENT I WILL BE JOINING THE WEALTHY WOMEN SILVER CLUB NEXT MONTH (MARCH). I HAVE BEEN BLESSED BY THESE TELESEMINARS AND I WANT TO HELP MINISTER EAGAN TO CONTINUE WITH HER VISION FOR ALL THE WEALTHY WOMEN.
      Reply to this
    2. 2/13/2008 9:55 AM Gail wrote:
      I was feeling the same way listening to Minister Eagan. Because I kept doing the same thing going back and forward on whether to join the Silver club. But that night I went on line and sign up with no excuses. Thanks to GOD for putting the right people in my life
      Reply to this
      1. 2/13/2008 11:38 AM CHRISTINE wrote:
        HELLO...I APOLOGIZE I SAID I WASN'T GOING TO SPENDING ANY MONEY TODAY. HOWEVER, I JUST JOINED THE SILVER CLUB TODAY! HALLELUJAH!!! THANK YOU LADIES FOR ENCOURAGING ME TO NOT WAIT!
        Reply to this
  • 2/12/2008 5:13 PM CHRISTINE wrote:
    MINISTER EAGAN THANK YOU...FOR ENCOURAGING ME TO ONLY SPEND $9.00, TODAY. IF I DIDN'T HAVE TO GO TO THE AIRPORT AND PARK TODAY I WOULD HAVE SPEND ZERO DOLLARS. HOWEVER, THANKS AGAIN...TOMORROW I PLAN ON SPENDING $O.OO DOLLARS.
    Reply to this
  • 2/13/2008 2:43 AM Catherine Eagan wrote:
    Well I did it! I did not spend a dime today. $0.00 Nada. How did I do it?? I made my own lunch, dinner and walked away from temptation.

    Wealthy Women how did you do it?? Share your strategies.

    LET'S KEEP IT UP. CAN WE MAKE IT UNTIL NEXT Monday?? LET'S GIVE IT OUR BEST SHOT. JUST UNTIL MONDAY FEB. 18TH.

    Please let me know how are you succeeding. I know you will have great success! May the Lord richly bless you!
    Blog. I want to hear from you.

    Remember Make as Much as You Can!
    Save as Much as You Can!
    Invest as Much as You Can!
    Give as Much as You Can!

    Love you all.
    Reply to this
  • 2/18/2008 8:48 PM kim laney wrote:
    I am believing God for $200,000. this year. Earlier today the Lord gave me this number. I have already made my invention and sold the licensing agreement. The international launch is March 2008. I am believing God to open big doors to Walmart, Kmart, Target, and others. I have done the work now the harvest is up to God.

    Kim Laney
    Terry Lane Products LLC
    (330) 856-3637
    Reply to this
  • 2/18/2008 9:03 PM Betsy wrote:
    I am believing God that each of my businesses will generate a "profit" of $100,000.00. I have reduced as many expenses as I can and all I have to do is let God manifest himself so that those amounts can actually come to past. I have had gross income close to that amount, but never actual profits. But with God's help, I will be able to be organized and productive and do my part to reach that goal.

    b
    Reply to this
  • 2/18/2008 9:07 PM Alice E wrote:
    I am believing God for $50,000
    Reply to this
    1. 2/18/2008 10:49 PM AMU wrote:
      Alice,
      I join my faith with yours, and I also believe that God will super-exceed that which you are believing for, because He is more than enough.
      Reply to this
      1. 2/25/2008 9:56 PM Alice E wrote:
        AMU,
        thank you for agreeing with me for $50,000. Now through your creativity you said you are believing for at least $38,400 when you said at least it sound like you are putting a CAP on that figure I believe God will super-exceed that figure stretch that figure believe and have faith that it is done.
        Reply to this
  • 2/18/2008 9:31 PM Arlene Young wrote:
    I am believing God for increase from application new business ideas to generate income of $100,000.00. Agree with me for the completion of my book and new invention to be fruitful.
    Reply to this
  • 2/18/2008 10:41 PM AMU wrote:
    I believe I receive the anointing of God to creatively generate at least $38,400.00 by the close of 2008 through new methods and new ways,In Jesus Name.
    Reply to this
    1. 2/25/2008 10:05 PM Alice E wrote:
      AMU,I am learning how to blog. Thank you for agreeing with me for $50,000.Now through you creativity you said you are believing for at least $38,400,at least sounds like a CAP is being put on that figure. I believe God will move on your behalf, so stretch that figure, have faith and believe that it is done.
      Reply to this
  • 2/18/2008 11:32 PM sedeal wrote:
    I,m believing god for the creatively to generate $ 50,000 by the end of 2008
    Reply to this
  • 2/18/2008 11:46 PM Darlene wrote:
    I missed the last two weeks of the teleseminar. I will spend the $3.99 to buy the MP3 download so I can catch up with Minister Eagan messages. I have cut down on my spending, only to find that a lot of things I was purchasing I really didn't need after all.
    My husband and my business combine will generate 200,000 this year, In the name of Jesus.
    Reply to this
  • 2/19/2008 6:11 PM Dayna E. (originally from DET, currently ATL wrote:
    I am believing GOD for $500,000.00 before the end of this year. (A very large (but very possible) stretch for an unemployed single parent/student.) I know with everything inside of me that I am called, by GOD Himself, to the wealthy place. I AM A GOD-MADE MILLIONAIRE!!! As a matter of fact Min. Eagan prophesied over our KBI class in May 2007(dominating money; personal finance -Shout out to Bishop & Pastor Butler & Family. Love Yall!)that the Spirit of the Lord had revealed to her that this particular class that I was sitting in was going to be her most successful class. Glory!! I truly believe that was (partly) because I was in it. God has a serious call on my life to manage millions for HIM. Do you see that "s." I said millionS! One million alone is just not enough for me, personally, to do all the work HE has assigned me to do for HIS Kingdom. I believe that's why approx. 2 wks. into this year he gave me an Invention b.k.a "GOD Idea" and a vision for an internet business. Yall pray for me please. Pray that I will accomplish ALL that GOD has for me to do and pray for my strength cause the enemy wants me bad. He is always in my face trying to pull me away from GOD. Trying to take me back to my past; the ugly person that I was B.C. I praise GOD that I know who I am in HIM. I am a new creature through my faith, acceptance, and service to My Lord Jesus Christ. The devil is a liar and I, rather WE, ladies, already have the victory. Now unto HIM who is able to do exceeding abundantly above all that we ask or think according to His power which is at work in us. Eph. 3:20

    May HE prosper all of us!
    Reply to this
  • 5/12/2008 7:39 PM Marvin wrote:
    This year I have planed to cut our credit card debt by $3,000. The way I plan on doing this; is little-by-little I've been putting money away in my four accounts. I haven't made it to six accounts yet, but I'm working on it. The biggest thing is NOW every time I attempt to pull out my AMEX card a still small voice saids "What are you doing? You don't need to buy anything today, you don't even need to drive over there wasting gas to get this or that. Don't buy lunch, pack your lunch." Since I've been hooking up with the wealthy women club and have been obeying the still small voice, I have cut my monthly spending expenses by 50%. I have gone to spending $27.00 a day to an average of $5.00 a day. It's a slow process, but I am well pleased as to how far I've gotten in just a few weeks.

    God Bless you Minister Eagan.
    I am on my way.
    Reply to this
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  • 8/11/2008 10:21 PM carmiller mayo wrote:
    I put away my credit one time and had automatic payments going to the company to pay my balance off and I was half way through when an unfortunate situation came up and now my credit card is maxed out again,but i'm not giving up;i've stated over again.
    Reply to this
  • 8/12/2008 8:23 AM Elese wrote:
    Unexpected events happen to us all. I want to encourage you to not feel defeated. Pick yourself up and get yourself back on track. Don't allow this TEMPORARY SETBACK to derail all of your efforts. You can do this!!!
    Reply to this
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