Credit Cards – Good, Bad or Neutral????
Let’s get one thing understood! Credit Cards have been invented by banks to make THEM money – that is the only reason they exist.
Tip:
Before you fall asleep each night, picture having what you most desire.
Real Estate – B (Example of Buying a House)
A house fits the definition of “Real Property”. There are two types of house properties: the first is the typical one – you are going to live in the house; the second is typical, too but is quite a bit different for your investment portfolio – you are not going to live in the house but you are going to lease it to someone else and they will pay you something to live in the house.
We are going to do an exercise on buying a house you to live in.
(We will be using each of the terms in “PITI”. If you need refreshing, see the previous post.)
Real Estate: Part A – Before You Start Investing
Before you start investing and using your nest egg to create a Stream of Income by using the opportunities presented by the Real Estate Market, you will need to embed these basics into your conscious and your sub-conscious.
The Intention Circle
There are four aspects to your intentions. The saying goes, “The road to hell is paved with good intentions”, but, like most axioms, it is flawed. It should read: “The road to hell is paved with false intentions”. A true intent takes four things into consideration:
Your beliefs
Your reality
Your perceptions
Your thoughts
A good intention cannot be “true” [...]
Investing: Part C – Beyond The Basics of the Stock and Bond Markets
We continue on our exploration of investment vehicles, going deeper into methods of using the markets to improve your income. We aren’t experts in these methods so this article includes instructions for getting into touch with experts. It also gives basic definitions of terms you will need to know when you meet with those experts.
Shift Your Perception.
So much of your circumstance depends on your perceptions. Everything we feel, see or sense is a product of our perceptions. How you view a situation determines the resolution of the situation. What we have a tough time with is the apparent difficulty of shifting long held perceptions that we have held maybe even for our entire lives. I say “apparent” because this too is a perception. It is only difficult because we perceive that it should be.
Sudden Change
If you are having trouble with sudden change, such as being transferred to Guam to head up a new division on a moment’s notice, then congratulations! Now stop, look around, breathe deeply and look for the benefits of this change. It must seem overwhelming.
Long Transitions
So you find yourself stuck in the middle of a transitory stage and feel as though you’ve been there for far too long. Perhaps you decided that you’d outgrown your job and decided to start a new career and are still in-between jobs. Or you’ve obtained your degree and can’t seem to hook a job in your field. Maybe it’s been decided that your marriage is irreparably damaged and you have been in the middle of a divorce for the last year. All of these situations can be draining. Here are some things to consider:
Rapid-Fire Change
Rapid-fire change, also known as chaos, is a state of constant change. You are consistently in flux. This is a symptom of dissatisfaction, or dissatisfaction around you. This kind of chaos is destructive if unchecked. We all need a little stability and structure to stay healthy. A state of constant change is anything but structured and stable.
Trouble Adjusting
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It can be stressful and destabilizing to find yourself in new circumstances. Children have more problems in this area than adults, but “grown-ups” can have trouble here too. This [...]