Dreams,Values and Goals
- Write down your goals and values. Be specific and do not be afraid to DREAM.
- Have your spouse do the same. Her goals and values may differ from yours and that is ok.
- Rate your goals and values in order of priority. ie:1,2,3,etc Have your spouse do the same.
- Set your dreams,goal and values side by side. (This my open your eyes a little.)
Get Organized-find your PERSONAL NET WORTH
- Do an update of your Assets and Liabilities. This is best done by a computer program.
- ASSETS -LIABILITIES = NET WORTH This is nothing but a Personal Balance Sheet to see how you are doing at this point in time.
- Continue to tract this each month or at lease each quarter.
Accelerated Debt Payoff
- No one likes debt but it is neccessary to purchase things such as homes and cars.
- On every dollar that is loaned out, someone is earning interest. You want to drastically reduce the amount of interest you pay.
- The average person will pay over $150,000 just in interest on his home.
- Let a computer program do a DEBT ROLL DOWN for you.
Power Spending Plan
- Power spending is spending your way to wealth. Assets create wealth. We have to spend to acquire assets.
- Pay yourself first. We are telling you to spend differently with calculated results.
- Track your results and you will save 10%. These savings could be thousands of dollars.
Credit Grooming
- 80% of reports have and error that costs you money.
- Credit scores are used for lots of things. ie: Auto insurance premiums, auto loans, home loans, credit card rates,etc
- Learn how to improve your credit score. Yes. there are things you can do to make it better.
Estate Planning
- Simple planning can save you tens of thousands of dollars.
- What happens if you are disabled?
- What happens if you die? Your family needs money or you.
Build Wealth
- When will you retire?
- How much money per month do you need?
- Where is the money coming from?
- Will taxes take it all or just part of it?
- Did you build it and then lose it to the market?
Now is the time to start the rest of your life. Get out of debt and build wealth. I know this is what I want, how about YOU?