Ladies and gentleman, its no secret, tough economic times are hitting America hard. Folks all across America are feeling the noose getting tighter around theirs necks.
Some, unfortunate Middle class families, families like yours, that once had a good paying job, a home and some savings in the bank, are finding themselves BROKE and Homeless.
But we never think it can happen to ME.
Things will never get that bad, most say.
It’s always going to happen to the other guy; however someone is going to be that other guy. We are a nation in self denial.
I wont get sick with cancer, not me...
I wont get hurt in an accident and loose my income, not me...
I wont loose my job, not me...
I wont have to worry about paying my bills, not me...
I wont ever become homeless, not me...
Smart -wealthy people PREAPRE and PLAN well in advance. They minimize their risk. They always have a plan A and a what if plan b and c.
Take 6 minutes and 36 seconds and watch this video, then ask yourself these questions
1.Have I gone through a personal Economic PROBLEM PREVENTION audit to detect any potential problems within my financial security plan?
2. Am I saving at least 10% of my annual income, consistently?
3. Do I have a debt elimination plan in place, which systematically eliminates all debt including my mortgage within 7-11 years? Do I have a plan to pay off my home without taking money from my discretionary income, or doing a biweekly ?
4. Do I have a sound -secure retirement plan in place- one where I will have over 1 million liquid in the bank?
5. Am I solely relying on the SYSTEM set by the government to take care of me during retirement- depending on Social Insecurity and a pension?
6. Do I have an expense reduction management plan in place? assuring me I'm not wasting my money
Very few of the people I meet with have it financially together, always putting it off till tomorrow... get your financial house in order, NOW.
Here is a 4 step easy to implement plan!
Step 1. Conduct a complete audit on your income-assets-credit-personal debt, mortgage debt, expenses, cash flow, net worth and investment strategy. This is known as a personal economic diagnosis
Step. 2. After detecting the weak or problem areas map out a plan for each area to eliminate your debt, reduce expenses, wipe out your mortgage, increase your savings, accumulate wealth for retirement managing cash flow and increase your net worth. This is known as the prescription phase.
Step 3. Have an on going system in place for monitoring your plan, when you see your heading in the wrong direction or if you get slightly off course make the corrections and get back on track…
Step 4 Lastly, what ever you do TAKE ACTION, if you don’t plan for success the plan may be failure or worse becoming homeless and broke!
Expect success and take action
'Billy Alvaro
P.S If you'd like to get a full blown personalized economic problem prevention audit and a guaranteed plan for financial success you can get on my waiting list for the audit. Simply fill it out here www.savemonthly.com/firststep . One of my assistants or associates will call you for the preliminary over the phone meeting to see if you’re eligible to meet with me for the audit.
P.P.S watch this video of Joel and Maria Holderman as they discuss what they economic problem prevention audit did for them, their family and future… www.savemonthly.com/holderman
Tuesday, July 15, 2008
THE QUESTION! Are Your prepared? This video will get you to think.
Posted by
Billy Alvaro
at
4:53 AM
Labels: Whats happening in our economy
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