Conquering Your Financial Empire

All Posts by Cash Flow Celt
I'm just a local business and finance nerd looking to help people get educated about small business, marketing, and personal finance! I write about anything and everything that I can tie into those themes. I'm also Central Florida's only Kilted Realtor, so I write about Real Estate too! Check out my About Me page to see the origins of Cash Flow Celt. Read the full story here >

Relationship Advice From the Celt: How Do You View Money?

Published June 18, 2017 in Budget , Retirement Planning - 1 Comment
Cash Flow Celt - View Money

In my last article, I talked about how the Lady Celt and I interact when it comes to money.  However, I didn’t really talk about how we view money.  More importantly, I didn’t even mention how we came to view money the same way!  I’d like to brighten up that dark space – Feng Shui this topic if you will.

How relationship’s view money is a critical topic because it ties into the relationship health.  Is one of you a saver?  Who is the big spender in the group?  You need to understand these roles so you can have honest discussions.  Surprisingly, Lady Celt and more similar than separate; We’re both SPENDERS!

Spenders and Savers

Like most things in life, money is a spectrum.  Some people enjoy saving their money and some people enjoy spending it.  I am a spender.  Lady Celt is a spender.  However, on that spectrum Lady Celt is a bigger spender.  I am just fortunate enough to be strong-willed enough to stick to my budget.

Piggy Bank View Money

To Spend or to Save!?

Spenders, unsurprisingly, gain enjoyment out of spending their money.  They view money as a tool to get “stuff”.  ‘Stuff’ doesn’t necessarily mean material items.  It could be experiences or moments.  Most people, in my experience, will fall somewhere on the spender spectrum.  It’s not shocker either; it’s basic human psychology.  Our brain releases little chemicals for things that make us happy.  Whether that’s going to Disney, buying new shoes, or travelling, your brain encourages that happy feeling.

Savers however, enjoy finding the good deal.  They seek to amass and conserve the wealth they have.  For them NOT spending is as important as spending to cover their needs.  Very few people fit this description.  For them, spending creates a paranoia of sorts: ‘will I have money tomorrow?’  I would like to note that frugality and savers aren’t synonymous.  Frugal people are like myself.  Why would I pay $100 for jeans when I can buy the same quality for $45?  Frugal people are willing to spend money.  They just do so economically.

Like I said though, most people get happiness from spending money; not saving it.  Where do you think you fall?

Converging How You and Yours View Money

When Lady Celt and I first got together, we had some issues.  We’re both spenders, but I’m diligent with the budget.  She – was not.  As we progressed, I had to convince her that frugality was a benefit to her.  It sounds silly, but talk to your friends.  You will find just how many of them don’t think in the long term when it comes to money.  They “put money away”.  That’s about it.  They don’t know why, they don’t know where it goes, or why it does what it does.  So, the million-dollar question.  How did I get Lady Celt and I to see eye to eye?

I had to redefine money to her.  I had to expand her horizons.  We also talked – a lot.  For her, $1,000 just meant $1,000 in consumable goods.  I had to make her see that $1,000 as $500 in consumable goods and $500 in travel goods to Ireland.  It sounds simple.  Just snap your fingers and voila somebody can see how the same lump of money can be differentiated into separate accounts.  However, psychology is a funny thing.  When somebody has done something for a decade, it’s a difficult habit to overcome.  I gave her my tips to create a budget and then define her goals.  Now, she knows what her income ACTUALLY gets her.  It’s not just a mish-mash of “stuff”.  She knows that for every dollar she makes 25cents goes to this, 10cents to that, 15cents to this thing.  Money means something now.

It sounds simple, but it’s not.  But that’s why couples need to talk.  Converging how you two view money, and being realistic with expectations, will save your relationship.


On top of sticking to your budget, you may also be derailing your budget by doing silly things.  Be sure to read that article for more information.  People who are spenders and people who are savers probably will not mesh well.  However, two spenders can converge their ideas.  Everything is a spectrum, so if both parties get and give a little, then you can view money the same.  For Lady Celt, it was just defining her goals and then setting up a plan to get there.  Now, when she splurges, it’s an issue of whether or not we go to Ireland; not simply “oh well.”

We still have differences.  She thinks we should spend more on food or date nights.  I think we should spend more on entertainment and increase our savings.  However, now it’s an allocation issue – not a fundamental issue.  We view money the same, relatively, now.  It wasn’t an easy task, but most worthwhile things aren’t easy.

Celts, do you and your partner have any issues on how you view money?  Has it led to rifts in your past relationships?  Let me know in the comments below!  Be sure to like my Facebook page by clicking here.  If you’re looking for real estate in Central Florida, be sure to check out my Facebook page here.

Finances and Fiancés: Relationship Advice From the Celt

Published June 4, 2017 in Budget - 8 Comments
Cash Flow Celt Relationship Advice

Everybody knows the facts.  40% of all first marriages end in divorce.  Interestingly enough, there is a lot of evidence to support the idea that those statistics were created rather than found.  However, communication is still one of the largest downfalls to any relationship.  Money tends to be pretty high on that list of incommunicado.  Personally, I support open dialogue of how many dollar bills I have with the Lady Celt.  I also love talking about money in general – much to her chagrin.

So how do couples in a relationship broach the topic of money?  Knowing it can be very difficult for many people, I’d like to step in and offer support.  Today, I’d like to talk about how Lady Celt and I mince through the finance topic.  It’s not always easy, but it’s (mostly) worth it. Continue reading

Risk Averse? Try picking between $100,000 or $1,000,000

Published May 30, 2017 in Retirement Planning - 2 Comments

Consider this: you are walking through the green pastures of Ireland and you come across a leprechaun.  Lore states that if you can catch a leprechaun, you get a pot of gold; visions of investing in an IRA float through your head!  After a short sprint, you catch the trickster fairy!  The leprechaun, feeling a little salty, asks if you want $100,000 right now or do you take a coin flip, a 50% chance, to score $1,000,000?  Statistics might indicate you should take the risk.  After all, the expected value of one choice is $100,000; the other choice has an expected value of $500,000.  Being risk averse is a choice though.  So which do you choose?

I found this question on a finance group I follow on Facebook.  Surprisingly, it seemed most people would choose the $100,000.  Reasons why ranged from standard risk averse tendencies to just having a sure bet.  However, one of the most interesting reasons given was that people were poor.  A for sure Band-Aid was better than a possible life change.  I found this to be highly fascinating! Continue reading

Avocados Cost Millennials a Chance at Prosperity

Published May 21, 2017 in Debt , Real Estate - 2 Comments

Hey everyone, I’m a Millennial.  Rather shocking I’m sure.  It’s amazing a young fella like me can find time to write a blog in between stuffing myself with avocado toast and mochachinnos and working 24 hours a week.  If you didn’t catch the reference, you’ve probably avoided reading the news in the last week.  Click the link to catch up.  A brief recap: Aussie developer Tim Gurner said that, in no short sum of words, the biggest obstacle Millennials face in wealth creation and home ownership is themselves.

Needless to say, I’m rather perturbed by Gurner’s assessment.  I know personally, I’m not the preferred audience of his Millennial bashing.  I am an educated, money-saving, hustler.  Heck, I get mad when my kid only eats half of his $7 kid’s meal!  I only want to pay $3.50!  It’s not the words that upset me.  It’s the perspective.  Gurner is intentionally ignoring all of the data that says, even though he’s only a decade older than me, he entered a vastly different marketplace than I did – in terms of both home prices and opportunities. Continue reading

Door Knocking: A True Professional’s Guide

Published May 14, 2017 in Sales , Small Business - 3 Comments

As a Realtor who focuses primarily on digital marketing, I’m tasked with following a LOT of social media.  Some of this means I’m posting advertisements or fun things to read on my business page, sometimes it means getting involved in a community discussion on a Facebook thread.  All of it involves getting to know those around me to increase my brand.  No, I’m not your friend JUST to try and push my wares down your throat.  I am genuinely a people person and I love helping those around me.  However, I am in sales.  I am a salesman.  If you don’t know that I’m a salesman, you can’t be faulted for not purchasing from me.  It’s my job to tell you.

That’s the crux of sales though isn’t it?  In order for you to know about me, I have to interrupt your day with something you didn’t necessarily ask to be informed about.  I might do that via an e-mail, phone call, radio ad, or knocking on your door.  However, no matter which way I do it, I’ve interrupted your day.  So where does this topic stem from?  Well, as I said, I follow a lot of social media.  Turns out my fellow community mates aren’t a huge fan of door-knocker solicitations.  As it also turns out, I am a door-knocker solicitor.  How’s that for conflict in our little story?  Consequently, this article will be a little bit of backstory on my sales approach and why I do it.  I’d also like to give some tips to fellow door-knockers. Continue reading

Septic Tank vs. Sewer: Fight of the Century

Published May 7, 2017 in Real Estate - 4 Comments
septic tank vs sewer

Here it is ladies and gents, the battle of the century.  A colossal and magnificent foray between two heavyweight contenders.  A battle that has raged on for decades and will continue for many more to come!  What will the Fates decide at the end of this story?  Only time will tell who is the victor in the Battle of the Bacterium. . .

In the Red Corner, we have Septic Tanks!  These lean, mean, underground fightin’ machines are localized on a property and filled with bacteria.  Whether you go number one or number two, the tanks turn it all into goo!  The technology hasn’t changed much since the days of cesspits, but if it ain’t broke don’t fix it!

Aaaaand in the Blue Corner, we have a modern-day Sewer System!  Sleek, heavy, and all-around movers and shakers, these systems are expansive.  Each home is hooked up to a central line and all of the refuse is taken to a central location.  A one stop shop for your slop! These waste facilities are state of the art.

In the tale of the tape, the septic tank has age and experience on their side while the sewer system has a centralized knowledge and funding to support it.  We’re ready to move now to the Octagon.  Septic vs. Sewer.  It’s Garbage Time!  LET’S GET IT ON! Continue reading

How to Decide on an Offer Price for a House

Published April 30, 2017 in Real Estate - 1 Comment

I’m always looking for new and exciting things to write about.  Especially when those ideas come from readers of the blog.  Consequently, I was fishing for ideas from some of my co-workers at my sheriff’s agency when one of them posed an excellent topic.  How the heck do you decide on an offer price for a house?

You see, this co-worker has a friend who was shopping for homes and making offers without me!  A travesty in and of itself!  I’ve since rectified the initial problem by convincing her I’m the bestest Realtor out there.  However, she was frustrated because she didn’t really understand how to make an offer price and felt like the Realtor wasn’t being straight with her.  Common problems, sadly.  Do you go above asking?  Below?  When is it appropriate to make a full-price with contingency offer?  All valid questions and all things I will discuss. Continue reading

Interest Rates: Will They Ever Go Up?

Published April 23, 2017 in Budget , Retirement Planning - 2 Comments
Interest Rates Don't Make Sense

Do you remember a time when your savings account could fetch 4-5% returns a year?  Pepperidge Farm remembers.  Alas, we live in a bottomed-out interest rate environment.  Granny and Gramps are unsure of what to do with their retirement money, because the historical go-to for liquid funds isn’t providing a steady enough return to recoup some of their living expenses.  Yikes!  Hopefully it’s not too upsetting for the grandparents though; otherwise you may need to have the talk.

Personally, I was predicting a 1-1.25% increase in the Federal Funds Rate (FFR) this year and that might be good news for people looking to put more of their assets into a conservative savings account.  Especially since December of last year we’ve seen an uptick of half a percent in the FFR.  But don’t get too excited.  An increase in the FFR isn’t necessarily a predictor of the market interest rate! Continue reading

United Airlines: Did They Just Crash and Burn?

Published April 17, 2017 in Brand Management , Small Business - 4 Comments

In case you missed it, an Asian man was drug off a United Airlines flight after being randomly selected to get booted.  If you’re looking to chuckle at another man’s plight, I encourage you to check out United Airline memes.  In true internet style, they’ve created a stunning recollection of the event.  United gets lambasted.

Really quickly though, I’d like to get one thing straight.  United Airlines HAS.  NOT. Lost $300-500 million.  They’ve lost $1.81 in their stock price.  That’s not ‘real’ money; it’s not revenue.  It’s stock that United Airlines lost possession of years ago when they sold it for financing.  And frankly, PR incidents like this have made companies lose far more than $1.81.  For all the hoopla, they’ve lost 1.23% in their stock price.  Companies lose more than that for bad quarterly earnings!  Heck, I’ve lost more than that on Fitbit!

This article though will be my own take on the do’s and don’ts, and then finally, what could United Airlines do differently? Continue reading

My First Trade Show and how I Survived

Published April 9, 2017 in Career , Small Business - 2 Comments
CFC at a heroes trade show

As a young guy growing up, I was a big dude.  So big in fact that I used to work security and door watch for a couple travelling toy conventions that used to come through town.  I wasn’t unfamiliar with trade shows; however, I had never worked one as a vendor.  That all changed recently.  It was a great time and I’m going to tell you all about it!

Before we get into my experiences running my first vendor booth, I’d like to address something quickly.  Cash Flow Celt is expanding scope!  I was having a lot of trouble writing ‘just’ personal finance articles.  It felt like a narrow approach because I’m passionate about small business and marketing as well.  I also felt like I needed to start a NEW blog and add a NEW item on my plate to go forth with real estate marketing and making a spotlight for local business (not to mention more hosting and domain fees).  That’s when I got the idea to just use the platform I have and just link the two.  Consequently, you’re going to see an expanded breadth of content where I really just write about whatever the heck I want to write about.  If you want to see a really well put together blog that covers multiple ideas tied into the same theme, check out!  He’s a Marine who served time overseas, came home and is now a police officer in California; all the while writing – as an aspiring blogger – on a quaint little smart device from his patrol car.  His blog format is why I felt I could be successful with this CFC refocusing.

Now back on to the show! Continue reading

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