Prosperity Tips  #119  

In This Issue
+ Special for Coaches and Therapists
+ Article: There's Good News In an Economic Downturn
+ Helpful Resources
+ Hot Links

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Attention Coaches and Therapists:
A Teleclass Just for You

Now more than ever, your clients need help dealing with their financial issues. If you haven't dealt with yours, you can't offer them a lot of help.

For the first time, I'm offering a group coaching series specifically for coaches that will help you
* Understand your own money issues
* Learn how to create a dialog with your clients that helps uncover and treat theirs
* Uncover the secrets that will help you build and maintain a healthy practice

The eight-session series starts on February 19th and is limited to 10 participants. There are only a few spaces left.

Find out more about what this series offers you and how you can participate at
http://prosperityplace.com/coach/coach_group.html

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There is Good News In an Economic Downturn

Financial news is front and center now as the world economy enters a new cycle--and no one seems to know where it is really going. As an optimist, I tend to see all shifts as positive in the long run, but the short run can be a bit dicey.

Most of the news has to do with corporate-based information, a standard by which many measure the health of the economy. But from everything I read, life is getting uncomfortable for a lot of just plain folks.
* Median income is down
* Unemployment is rising along with living costs
* It takes longer for white collar workers to find a job than it has in the past
* Houses are losing their value

So where is the good news? How can one feel optimistic in the face of all the gloomy news?

One of the advantages of being a long-time entrepreneur is that you have to learn how to ride through ups and downs. There is no such thing as a straight ride up. There's an ebb and flow. Survival depends on learning how to make adjustments during the ebb.

The good news is that no matter what your financial situation, the current downturn presents the perfect opportunity for evaluating your habitual financial behaviors and making some conscious decisions about how you want to proceed in the future.

And you can be sure that as the future unfolds, the markets and the economy will rebound, although probably not as quickly as you might like.

Of utmost importance is not wallowing in fear, disappointment, and worry, none of which can move your forward. These emotions can only hold you back. You can find the key to a more comfortable future by reaching down into your Self and finding the strength lying dormant there then creating a strategy and taking action. Sitting still in denial and vagueness, waiting to be rescued does not solve problems.

What are your options? Here are a few:
1. Change the energy flow in your life.
De-clutter you home and office, opening up space for new energy to come in. Exercise. Eat healthy foods. Take deep breaths. Stay away from negative people.
(Listen to the audio, It's All about Energy Flow at
http://prosperityplace.com/articles/energyflow_audio.html )

2. Pay close attention to your cash flow.
When things get tight, people tend to ignore their bank accounts. However, when cash gets tight, it's even more important to pay attention and make conscious spending decisions. If discomfort pops up when dealing with your money, pay attention to the discomfort and find out what you are feeling. These feelings have nothing to do with the money, you've been carrying them around for years.
Read The Basics of Money Management in our free download section
http://prosperityplace.com/freedownload2.html

3. Spend less.
If you feel deprived, that too is an old feeling you are carrying with you and one that possibly got you into your current position and led to overspending.
Read Exercise 3 and Exercise 6 in Build Your Money Muscles
http://ProsperityPlace.com/bymm

4. Earn more
Uncover ways to make some extra money. Sites like ebay provide easy ways for people to turn stuff that's lying around creating clutter into cash. If you are determined to find more money, you will. If you just worry about what's happening, you won't.
Read Starting Your Own Business: An Easy-to-Follow Guide for the New Entrepreneur (free with Marketing Your Microbusiness)
http://ProsperityPlace.com/category.php

5. Educate yourself
Learn about finances, money management, and debt relief. There are plenty of sites filled with good advice and information.
You'll find some helpful basics in Build Your Money Muscles
http://ProsperityPlace.com/bymm

The bottom line is take action even though you might feel like hiding under the covers until it all passes. The fact is that plenty of people make good money during tough times. It may seem as if you are a victim of the economy, but in reality, there is plenty ofopportunity succeed if you put your mind to it and take action.
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Helpful Resources

www.Fuser.com
This is a new site that allows you to get all of your email in one place. If you are active on MySpace, Facebook,  or other social networking sitees, you'll appreciate the convenience of this service, which currently is free.

Stop the Flow of Unwanted Catalogs
(This helps the planet)
www.CatalogChoice.org

www.DebtSmart.com
Good information about dealing with debt

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Hot Links

Improve your relationship with money with our book
Build Your Money Muscles
http://ProsperityPlace.com/bymm

Add to your collection of Prosperity Tools
http://ProsperityPlace.com/catalog/

Rapidly remove emotional discomforts with Be Set
Free Fast (BSFF), an easy-to-learn energy psychology technique
http://ProsperityPlace.com/bsff/

Start a BYMM Support Group
http://ProsperityPlace.com/groups/

Download all of the forms used in the BYMM book at
http://ProsperityPlace.com/1001/

Listen to past episodes our podcast, The Prosperity Show
http://theprosperityshow.com