PUT YOUR MONEY TO WORK FOR YOU!

See the previous blog for all the blogs to date, in one blog.

Feb. 9,2017

I went to the pool and saw the couple that helped fix the RV, I found out that Kathy plays the flute (So did I) and she paints and is crafty too. I also saw Helen and she stopped by my house after swimming and got some Alfalfa and Joint and Muscle Pain Cream samples to try for her Arthritis.  I also saw Lynn and Reggie, Lynn is crafty and invited me to a craft get together at 10 AM every morning here,  they will be going to Menifee too.

I watched Eric Worre's Women's conference on Video and got a lot of good information. 

          One session was on finances by Kathileen Deggelman, she is a financial expert and a multimillion dollar earner in Network Marketing.  She had 10 tips for finances.

The goal is to make enough money to put to work so you can live off the interest.  $2 million at 5% will get you $100,000 per year.  Even if you have a limited income, there is a way you can manage ti be well off if you know what to do with your money.

1.  Know how your background affects your money attitudes and your          spending. (What were your parent's attitude about money?)

2.  Make a decision to change your money habits. (I want different1)

3.  Change your intentions for your business, be willing to work hard for        finiancial freedom.

4.  Expand your knowledge about finances, money is a tool, not a solution     unless you use it wisely.

5.  Review your cash in and cash out every month.  Be efficient with bills (ie.           get the best prices on insurance, phone bills, medical Ins. etc...)

6.  Create a debt snowball.  If you have $500, $1000, $10,000 & Mortgage,   get debt free by using the savings from the bills (in $5 above) to pay         off the $500 debt first, then celebrate for a minute, then use the money        you saved from that bill plus the others and pay off the next one and           so on until you are debt free.  Whoopee! Try it, you will like it.  She              said it is like getting a really angry monkey off your back.

          I AGREE!!!!

7.  Hire an accountant or CPA. (Saves money on taxes if you are in business.)

8.  Create a Net Worth statement. List all your assets and then list your liabilities.  (if you own house, it's value vs what you owe on it.  Value of bank accounts, stuff & things you own, ie. car, furniture, clothes, jewelery, etc..., then all Credit card debt, and what you owe.)  You mrae probablym better off than you think.ey

9.  Play the prosperity game:  Pretend you have $10,000 to direct, guide and spend in a month.  Write down how you would deal with it,  Then the next month do $20,000 and so on.

10.  Teach your children how to play the prosperity game.  The way you handle your money can affect even your great grandchildren.

PUT YOUR MONEY TO WORK FOR YOU!  Don't be enslaved by it, or a lover of Money, it is just a tool, not the answer. 

People pay good money to get this kind of advice, don't just read it and forget it.

Mark, the guy that called while I was writing this and asked if he could come over and look at my water pump (It had been giving me trouble since Texas).  He came and fixed the leak issue, advised me to put a water regulator (which I had) on the intake hose to regulate the water pressure coming into the RV.   God is so good!  He wouldn't take any money for it. I gave him a Shaklee B Complex for he and Kathy, (I just got my Shaklee order yesterday.)

Another gorgeous day 81 degrees now, going up to 86.  Woopee!  I am off to the pool!

Tomorrow I join the geese and the ducks in Menifee, CA. again.