Frank Yan of Sacramento on Is There an Increase Chance of Death?

After Frank’s workout, Frank was listening to a program on a Sacramento radio station from his comfort of his home in Sacramento, Ca. The speaker mentioned that there was a highly increased chance of death if you are overweight, diabetic, or smoke. Wow!! Frank thought the chance of death was 100%. What is the chance of death with any of the above said? It can’t be MORE than 100%, can it?

Someone must not proofread their material. Frank Yan believes that what they meant was that the chance for an earlier than normal death was increased by any or all of the aforementioned factors. It’s a small distinction that Frank knows, BUT, in the world we live in today where people are supposed to be getting smarter and smarter…… Right?


It just shows you that you cannot rely on spell check every time to catch everything. Everybody seems to want to rely in this world of technology and applications for everything. What is next? We have cashiers that cannot make change and these high school graduates that can do calculus and physics, but can’t balance their own checkbook or credit card statements. We have people that can’t read a map, what happens when your GPS fails? Do you immediately go buy another or drive around Sacramento until you stumble across your destination?


We see major newspapers that contain more errors than Frank was ever allowed in a high school report. Nobody seems to fact check, but then this isn’t a real major newspaper. Frank has seen roads with directional signs that seem to be intended to confuse out of area travelers. Try being from out of the area and driving around in another country without getting in a wreck. People from out of the area need road signs placed well before a turn in one standard location (so they can be found), not on wires across the road, then on a pole on the right corner, then on a post on the left side of the street, etc.


Frank Yan wants to know who really thinks there is an increased chance of death. Frank also likes to know why these types of errors that are occurring. Is it that we are ALL way too busy to verify things? Perhaps there is just too much knowledge that we think we know? Why don’t we just concentrate on teaching students things in school that everybody will use in their normal everday lives? Not everybody, in reality only a small percentage, will EVER need calculus and physics, but everyone should be able to spot errors such as, spelling errors, road signs that make no sense, common, increased chance of death, etc. Everyone should be able to balance a checking or credit card account and
count money without a calculator.

Frank Yan of Sacramento on It's Not Yours

Frank Yan of Sacramento encountered many people in his Sacramento area that have found themselves in mountains of There are a lot of things to be unhappy about when you’re in debt. Although material things shouldn’t matter more than your happiness, when you’re in debt, they become a burden. Nothing that you have is actually yours. Everything belongs to someone else or the financial institutions. It’s like someone or something is hovering everything over your head. You know that at any moment, everything you have can be taken away from you.


This can be a scary thought, knowing that your house you lay your head in and the car you drive around isn’t yours is not something that people like to think about. Nevertheless, not thinking about it at all will only cause you to fall further into debt. The only thing that anyone can do is to take action. Not knowing exactly how to get yourself out of debt poses a problem.


Frank says that being in debt can create huge sense of uncomforted dread. The power of money has over people around the world is unreal. Some people would say that it is imagined, but once those very same people wake up and one day realize that they have no home to live in and no car to drive, reality begins to seep in. What really makes matters worse is when people continue to live life pretending like they don’t own tens of thousands of dollars. Before you can live the life the way you want, you must get out of debt completely. There are many things you can do to minimize debt refraining from excess spending, and paying all your bills on time. Consider limiting out any credit cards that you have that you don’t use.


Although money isn’t everything, it definitely has a lot of control over the world we live in. Frank Yan understands this and puts everything into prospective, as Frank once was heavily in debt when he began to work at Sacramento International while attending Sacramento State at the same time.


If you begin to get out of debt, it is important for you to must know how to spend your money more wisely. Having a good and effective system to follow helps a lot when you don’t know what you’re doing. Knowing the system you are following is one that will work gives you the confidence you need to carry out your plans. And knowing is half the battle. Think before spending and ask yourself if the things you want are the things you really need.

Frank Yan of Sacramento on Walking Past the Homeless

Walking Past the Homeless. What do you do?



- If your reaction is of caution, that’s OK.
- If your reaction is to pretend they are not even there, that’s OK.
- If your reaction is putting extra space between yourself and the homeless, that’s OK.
- If your reaction is to look away from the homeless and try and avoid eye contact, that’s OK.


For many people, walking past a homeless beggar can be indecisive at times. We all hear so many of the negative things about the homeless, that we naturally act very cautious and may even have to think very carefully before taking any action at all. In the past, when Frank Yan was much younger and more naive as litte boy in London, Frank never used to give money to the homeless begging. He was always told, by immediate family, not to. He was told that he if gave the homeless money, they would spent that money on alcohol or drugs. Frank Yan was fed all sorts of beliefs that limited his perception and taught him to be afraid of doing anything genuinely good. He was taught to be selfish during that time. Frank is fairly sure that he is not alone in this experience or alone with these beliefs.


Frank was told to believe something when he was younger and Frank was given every good reason why. But then he made his own reasons of “Why not Right?….” It wasn’t a question of whether what he was doing was right or wrong, it was a question of what felt right to him. It was an action that allowed him to feel like he was doing something for the greater good. He was doing something and by helping people which is something Frank enjoys.


So there Frank was one day, walking past a homeless man in Old Sacramento, walking towards Raley’s Field to watch the Rivercats game in West Sacramento and he was feeling that initial insecurity; “What should I do? Where should I look? How should I feel? Should I acknowledge them? Will I feel guilty if I walk by without giving money? If I ignore them maybe they’ll disappear?” Do any of those questions or feelings seem familiar to you?


Frank decided that day to give this Sacramento homeless man, all the change I had within my pocket. Before he did, Frank smiled and knew that he wouldn’t catch anything. Frank pulled out what he had; it was about $7 enough for the homeless man to eat for the day. Frank walked up to the homeless man and gave him the money in his plastic cup he was holding in his hand. When Frank walked away he didn’t think about what he would use the money on; Frank didn’t feel like he did it out of pity; he didn’t even feel like I was giving him any money.


Frank felt like he was walking past “him” and this other “me” asked for a “him” to share, and in that way Frank shared something with this beautiful human soul. Frank doesn’t think about what clothes he was wearing or that he may hurt him. All Frank Yan could think was that this soul was another Brother in Christ, just like him.

Frank Yan of Sacramento on Spending Less Than You Earn

Frank Yan mentions that one of the most important factors of life and principle to becoming wealthy is to spend less money than you earn. This may sound easy, but in practice it can be very hard to do. Frank Yan has experienced this article and will explain what to look at and the challenges to spending less than you earn and offers some tips to overcome these.

First Frank Yan wants to look at those who may spend more money than they earn. It stands to reason that if someone is spending more money than what they earn, they are either being given the money or are borrowing it, such as credit. In this day and age of worldwide economic growth and prosperity it has never been easier than before to borrow money. Temptation to borrow is everywhere, whether it is for a new TV, a new car or a new house. In Sacramento personal debt levels are at record highs. With foreclosures at an all-time high, delinquent State deficit, and the average Joe shopping for a high priced vehicle at the Sacramento Auto Malls. Frank Yan has read that the US Federal Reserve has calculated that more than 45% of US families spend more than they earn. Not good…


The problem with our personal debts is that it can become a bad trap. Bad debt for example and how you can be trapped by this bad debt can be seen with probably its most and popular common form – Credit Cards. Ideally, people should ensure to pay off their balance in full by the end of the interest free period to avoid paying these high interest rates set on these credit cards. It’s quite common and sad that people use their entire credit limit and make only the minimum payment required as a lower payment is an attractive number so people can assume to live a more comfortable life without any financial stress. This minimum payment is the worst and is usually just enough to cover the interest charges only. Combined with a high interest rate this makes credit cards a very expensive form of borrowing.


There are also people who spend equals to what that they earn. If someone is spending everything they earn, it is obvious they are not saving anything or investing any of their earnings. This bad habit will make it very hard, if not impossible, for them to become wealthy in the future. It also means that they will more than likely need to borrow more money in the down the road to fund larger purchases. And so… The debt financial trap begins…


Develop Your Financial Discipline and Intelligence
Let’s return to Frank’s earlier example of credit card disaster. First question would be do you really need one? The emergency of Mastercard/ Visa debit cards and including Paypal has eliminated some of the benefits that credit cards traditional have Example: The ability to make purchases over the internet or telephone. If you do decide you still want a card, you will often be tempted with a higher credit limit, higher than you would have expected. Remove the temptation. By reducing the limit to one where you wouldn’t be scared if the card reaches its full limit. As mentioned earlier, ensure you pay off your balance in full each month to avoid paying these high interest percentages and building up a large amount of debt.


Reduce Your Spending Consumption
First step here is to identify and to eliminate conspicuous consumption. What Frank means is the buying of things you don’t need or want. Second thought is, distinguish your wants from needs. As you begin to identify things as wants, you will reassess whether or not you really want to spend your money on that purchase. Last thing is, set some short to long term financial goals. Use motivation to control your immediate consumption of spending. Example, which you want to go for a well-deserved away from Sacramento vacation across seas in your short term goal. You will find it far much easier to resist purchasing that new item you saw if you can associate this with the goal of an overseas get a way.


Bringing These Two Solutions Together
The best way to bring these two solutions together is financial discipline and controlled consumption. Start to budget and live by it. A budget is simply a plan that allocates your future income towards expenses, savings and debt repayment.


If you don’t like the idea of creating a budget, a simpler way to ensure you spend less money than you earn is to Pay Yourself First. Set up an automatic system to Pay Yourself First. Avoid paying for purchases via your credit you can relax knowing that you are spending less money than you earn.


If you are struggling with debt and/ or excessive consumption of spending, be clear that spending less money than you earn will involve some short term sacrifices and lifestyle changes. These changes will be way more positive as you begin to take control of your finances sensibly and putting yourself on the road to wealth.

Frank Yan of Sacramento on 10 Ways of Saving Money Every Month

Frank Yan of Sacramento posts a related article: The Debt Forgiveness Relief Act

Let's face it, Frank Yan of Sacramento says that we are all looking to reduce costs some how, whether it is just to make spending less than we earn and get by, or because we should be putting more away for the kids college and for retirement. Frank Yan had put together a checklist of ways you could possibly save money.You may save just a fraction little, or a whole lot, but either way it all counts if it ends up in the right place your bank account

Before you go down this list, let's begin gathering all of your monthly bills and put them in one place. It helps to track all of your expenses for thirty days (you’ll be amazed what you waste money on) Prepare a spreadsheet that accounts for your income and every one of your expenses, whether they’re daily, weekly, monthly and yearly. From there it is like a fun game to
go down the list to see how much you can save as you keep tracking the next few months expenditures.

1. Refinance your home mortgage.
Frank Yan has saved many consumers in Sacramento and arcross the States by helping those consumers re-mortgage their home. By calling a mortgage broker or your current lender and see if you can take advantage of today’s current interest rates.Even the difference of 1% in interest rate can save you tens of thousands of dollars over the life of the loan.

2. Shop out your homeowners insurance.
Call your homeowners insurance representative and ask if there are better policy prices, or shop around for other insurance carriers a little. Frank Yan has learned that Simple things
alarm service may also lower your homeowner’s bill.

3. Always get your property taxes reassessed.
When your price of your propety goes up in value, your county and city taxes you more based on the value of your property. The same with when your property value goes down, you may be eligible for a property tax reduction. Call your local assessor’s office and you should never pay anyone to submit the application for you.

4. Bundle your internet, cable, and home phone services together.
These 3 services can get time consuming as wellas expensive, so give a few carriers a call and ask about bundled packages to save money.

5. Review your cell phone plan.
Contact your carrier and ask to review your usage of minutes and the plan. You may be over paying for something you never use. If their are multiple cell phone users in your family, consider a shared family plan. In addition if you have a home phone that you don’t really need, it’s a good time to cancel it.

6. Ask your credit cards companies to lower APRs.
Credit cards will always reward good customers with lower APRs, or by fixing a low interest rate if you’re in a variable one.It’s a good time to get a grasp on how much you owe and what your repayment plan is if you owe more than 30% of your total available balance and/or are paying only minimum payments every month, it’s time to make a money-saving change.

7. Re price your auto insurance.
Every year, your car gets a year older and your driving record may have changed That means it’s time to call your insurance agent and ask if there are any discounts available or higher
deductible plans.

8. Always know your credit score.
Every year, inaccuracies, errors and even old items can cost many consumers countless millions of dollars. Frank Yan suggests that you should pull your credit every 6 months. (you can do it once for free with each bureau) and make sure your credit is clean. A good score can save you a bundle when it comes time to applying for a home loan, refinancing, getting an auto or business loan, or even when applying for insurance.

9. Check your health insurance premiums.
You can save money if you don't go to the doctor much or even if you lost a few lbs or want to increase your deductible. It never hurts to ask, or shop around.

10. Check for bank fees and credit card annual fees.
Adding insult to injury, many financial institutions charge US for the privilege of making THEM money.But that doesn’t mean you need to stand for it check to see what kind of fees your bank and credit card companies are charging you and don’t be afraid to take your business elsewhere.

Frank Yan on Imagine If There Was No Money

Frank brought up an exercise of trying to visualize this world without money or even the concept of having any money. Imagine if there was no more money at all, not a word for it, and no emotional or physical reference to it. The entire whole the idea of money simply doesn’t exist.

Why did Frank Yan have us thinking like this? Because there is so many people that spend the majority of their life in the pursuit of this “manmade” invention. For the most part money is really a necessary, yet it is an insidious detour away from everything that really matters.


Like a bottomless abyss in the sea, there’s money smack dab in the middle of almost everything meaningful that you want to do. You can’t ignore it at all and it’s almost impossible to get anything done without it, so you are forced to deal with it.


Does Money call all the shots?


In the name of money and the careers, we may invest years of our lives on specialized education and training we may seek. Why is that? So we can spend another 30-50 years earning a living here in Sacramento. What’s really at the end of our rainbow? The hope of being able to retire with enough money to enjoy whatever time and health we have left.


It does become especially challenging to maintain a balanced view of money when we are confronted by economic hardship. The lack of legal tender can corrupt our sense of self-worth, and even threaten our sense of security. Not any inanimate object is more emotionally charged. That is a tremendous amount of leverage for an artificial commodity we call money, don’t you think?


Can people really imagine if there was no more money?


It is going to be difficult to wrap our minds around this concept of no more money because it is bound to be outside the realm of our experience. How would our Sacramento city society be structured if there were no such thing as money anymore? What would we all focus on and how would we make value comparisons?


We do not really know because it has never been tried on such a large scale. One thing is for sure; is most people’s lives would probably be a lot more true and realistic without it. Maybe we should just abolish the stuff and start focusing on things of real value.


Frank Yan asks: What’s your take on money today? Are you able to imagine no more money anymore?

Frank Yan of Sacramento on Spending Less Than You Earn

Frank mentions that one of the most important factors of life and principle to becoming wealthy is to spend less money than you earn. This may sound easy, but in practice it can be very hard to do. Frank Yan has experienced this article and will explain what to look at and the challenges to spending less than you earn and offers some tips to overcome these.

First Frank wants to look at those who may spend more money than they earn. It stands to reason that if someone is spending more money than what they earn, they are either being given the money or are borrowing it, such as credit. In this day and age of worldwide economic growth and prosperity it has never been easier than before to borrow money. Temptation to borrow is everywhere, whether it is for a new TV, a new car or a new house. In Sacramento personal debt levels are at record highs. With foreclosures at an all-time high, delinquent State deficit, and the average Joe shopping for a high priced vehicle at the Sacramento Auto Malls. Frank Yan has read that the US Federal

Reserve has calculated that more than 45% of US families spend more than they earn. Not good…


The problem with our personal debts is that it can become a bad trap. Bad debt for example and how you can be trapped by this bad debt can be seen with probably its most and popular common form – Credit Cards. Ideally, people should ensure to pay off their balance in full by the end of the interest free period to avoid paying these high interest rates set on these credit cards. It’s quite common and sad that people use their entire credit limit and make only the minimum payment required as a lower payment is an attractive number so people can assume to live a more comfortable life without any financial stress. This minimum payment is the worst and is usually just enough to cover the interest charges only. Combined with a high interest rate this makes credit cards a very expensive form of borrowing.


There are also people who spend equals to what that they earn. If someone is spending everything they earn, it is obvious they are not saving anything or investing any of their earnings. This bad habit will make it very hard, if not impossible, for them to become wealthy in the future. It also means that they will more than likely need to borrow more money in the down the road to fund larger purchases. And so… The debt financial trap begins…


Develop Your Financial Discipline and Intelligence

Let’s return to Frank’s earlier example of credit card disaster. First question would be do you really need one? The emergency of Mastercard/ Visa debit cards and including Paypal has eliminated some of the benefits that credit cards traditional have Example: The ability to make purchases over the internet or telephone. If you do decide you still want a card, you will often be tempted with a higher credit limit, higher than you would have expected. Remove the temptation. By reducing the limit to one where you wouldn’t be scared if the card reaches its full limit. As mentioned earlier, ensure you pay off your balance in full each month to avoid paying these high interest percentages and building up a large amount of debt.


Reduce Your Spending Consumption

First step here is to identify and to eliminate conspicuous consumption. What Frank means is the buying of things you don’t need or want. Second thought is, distinguish your wants from needs. As you begin to identify things as wants, you will reassess whether or not you really want to spend your money on that purchase. Last thing is, set some short to long term financial goals. Use motivation to control your immediate consumption of spending. Example, which you want to go for a well-deserved away from Sacramento vacation across seas in your short term goal. You will find it far much easier to resist purchasing that new item you saw if you can associate this with the goal of an overseas get a way.


Bringing These Two Solutions Together

The best way to bring these two solutions together is financial discipline and controlled consumption. Start to budget and live by it. A budget is simply a plan that allocates your future income towards expenses, savings and debt repayment.


If you don’t like the idea of creating a budget, a simpler way to ensure you spend less money than you earn is to Pay Yourself First. Set up an automatic system to Pay Yourself First. Avoid paying for purchases via your credit you can relax knowing that you are spending less money than you earn.


If you are struggling with debt and/ or excessive consumption of spending, be clear that spending less money than you earn will involve some short term sacrifices and lifestyle changes. These changes will be way more positive as you begin to take control of your finances sensibly and putting yourself on the road to wealth.

Frank Yan of Sacramento on Why Lottery Tickets Are Keeping You Poor

A few months back Frank overheard a conversation at the Sacramento International, while waiting for his flight, where two people were discussing their ultimate wish to win the California State lottery and thereby never have to ever work again. Sure, this is a great dream, but is it keeping them poor?

Frank thinks there are 2 quite different points to consider here:


1. The cost of those lottery tickets all adds up at the end of the year. For example, if you go out to your local Sacramento Supermarket and spend about $7 a week, a $1 per day on a ticket by the end of the year you would have spent $364. May not sound a lot. However, the opportunity cost, that is the cost in terms of the opportunity forgone, is actually higher since this money could have been saved, thereby earning interest or properly invested.


2. Most people out there who buy lottery tickets do not have a rich mindset at all. They crave all the riches without wanting to do anything for it, or they don’t believe in themselves or believe their own ability to produce any abundant wealth. In this sense, the lottery ticket can be seen as a financial “white flag” being raised across the board. A lottery win becomes their only chance of becoming rich.

Frank finished a book last month that was very relevant to the second point. Think and Grow Rich by Napoleon Hill. Reflect on this title of the book for a moment…. Think and Grow Rich!! The secret of getting rich relates to peoples thinking. Rather than hoping for luck to make you rich, believe in your own ability to produce wealth. It can be done. Frank Yan bought this book from the Sacramento Barnes and Noble where he bagan his first chapter, prior to
purchasing.


Frank suggest that if you currently purchase lottery tickets on a daily basis, take a moment and do the following activity: Close your eyes and try to imagine yourself rich as a result of your own efforts. Was it easy or hard? If you had any problems Frank recommends you stop buying lottery tickets for the moment, and start working on your thoughts. Only when you have gained control over your mind and realize your own potential to make yourself rich do suggest you consider buying lottery tickets again.


So wait a minute…. Why did Frank Yan just say you can consider buying a lottery ticket again? Well, to directly answer the question posed in the title to this post: It is not the lottery ticket, in itself, that will keep you poor. Rather it is a poor mindset that will keep you poor.