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Barry's Blog

Does your garden grow?

Are you ready for some seeds?

It's time for me to plant some seeds… make you curious.  Make you want to know more.

We are not saving enough money.  In fact America is almost in a negative net savings tail spin.
Consumer debt is rising faster than the consumer savings.  I attribute it all to the marketing of our minds.
We are no longer a society that delays gratification and are relying on credit to quench our thirsts.
By learning to save money the easy way, you'll differentiate yourself from the rest of Americans that have fallen into this spending trap.

Most of us think we need to get totally out of debt before we start saving. This sort of thinking will only delay your building your personal worth!  We'll help you identify ways to do both at the same time and be very successful!

Final thought for the day is about home ownership.  If you are not a homeowner, you need to be!  Sooner than later.  The absolutely only unforgivable time that we should be using someone else's money to make a purchase is when we are buying property.  Simply put finance what appreciates, never what depreciates.  We know that credit score tends to be the gatekeeper in most mortgage applications and YPW has personal affiliations with several mortgage brokers that can get approvals for scores as low as Mid 500's!  More on strategies to get into a home sooner than you think. 

My promise to you is that working on debt reduction, credit score improvement, increased savings, and homeownership are all achievable!  And we'll show you how to get this all started in the same personal-worth-plan!

Are you ready to plant the seeds and get seedlings started?  More details in future blog entries.

Published Monday, July 24, 2006 11:30 PM by admin

Comments

 

youborrowmoney said:

   
1. Write It Down -Goals are specific, measurable, and time-bounded. Write your goals so that they reflect all three components.

   
2. List Your Personal Benefits-Identify exactly "Why" you want to achieve this goal. List all the ways you will you benefit personally.

   
3. Analyze Your Current Position-Success is information dependent. You need integrity in your information. Identify exactly your specific strengths, weaknesses, and opportunities as it relates to achieving this goal.

   
4. Identify Obstacles and Risks-List everything that could possibly prevent you from achieving this goal.

   
5. Identify Investments and Sacrifices-List everything, including time, money, and sacrifices that you can anticipate.

   
6.Knowledge Requirements-Identify what additional knowledge you need to acquire or have access to.

   
7.Support Team-List the people, groups, and organizations such as www.yourpersonalworth.com you may need help from as well as the specific role each one plays.

   
8. Develop Your Plan-List in chronological order each activity and their corresponding target dates for completion. Use all the information gathered in previous steps to develop your plan.

   
9. Set a Deadline-Determine on what date you will achieve this goal

   
10. Reward and Celebrate-Identify your reward for the achievement of this goal. You deserve it!

Bad credit is easy but Good credit is the result of hard work.
We all know what to do but it is easy finding some excuse. I have been and walked in ones shoes but only to realize that when you wear them to long they begin to stink!!!!!!!! IF THE SHOE FITS YOU DO NOT HAVE TO WEAR IT!!!!!!!!!!!!!!!!
January 12, 2007 8:52 PM
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