A Real Estate Broker Still Has Credit Lessons of Her Own to Share
Posted By admin on January 15, 2010
Thank you for revisiting you can still subscribe to my RSS feed. As Always Thank You for visiting!
Have you set back and determine what having money means or are you always determining what having little money means? Your view or determination may be the difference between living and dying in poverty and living and dying in wealth.
Let’s examine.
An editor of a well known magazine did this analysis of her life in hindsight. I, too, am doing this analysis in hindsight. I see some mistakes, some achievements, and all too often a need for improvement. This editor also saw the same thing, she, of course, maybe looking at this evaluation as valuable lessons as rags to riches. I am, however, looking at them as life changing lessons for the better.
This editor’s lesson of amassing wealth for yourself involved her grandmother’s plight and a relationship she had will a man that she labeled as “selfish.” My lessons have do with not listening to my inner voice and amassed knowledge of finances until it was too late.
Still both my lessons and this editor’s lessons will make for great warnings and financial victories for you.
The editor’s grandmother had amassed great wealth with her life long male partners but when he died she was kick out of the home that her and her partner brought because the home and all other accounts was in his name only. Therefore, even though she had amassed wealth because she did not have insight to get joined ownership or at least joint tenancy with the right of survivorship on the home, as a result of this oversight, the editor’s grandmother died in poverty.
The editor’s second wealth lesson was that of a “selfish” lover who taught her the importance of acquire your own wealth.
My lessons were not far from these. My lessons included not having an emergency fund, not having a business nest egg, and not having a little personal savings and the effect of not have the above items.
To make the lessons that the editor and I learn become your personal victories, you must:
- Spend less than you earn
- Value your time; remember time is money.
- Be strategic; create a plan
- Build a retirement nest egg or business nest egg
- Purchase property. Unlike some stock, land, houses, buildings, will never depreciate to zero; it will always be worth something.
I pray that these life lessons that this editor and I learn along our journey can offer insight and improve your financial choices from now on.
<!– /* Font Definitions */ @font-face {font-family:Wingdings; panose-1:5 0 0 0 0 0 0 0 0 0; mso-font-charset:2; mso-generic-font-family:auto; mso-font-pitch:variable; mso-font-signature:0 268435456 0 0 -2147483648 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:”"; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”; mso-fareast-font-family:”Times New Roman”;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} /* List Definitions */ @list l0 {mso-list-id:965815427; mso-list-type:hybrid; mso-list-template-ids:-972126756 67698689 67698691 67698693 67698689 67698691 67698693 67698689 67698691 67698693;} @list l0:level1 {mso-level-number-format:bullet; mso-level-text:; mso-level-tab-stop:.5in; mso-level-number-position:left; text-indent:-.25in; font-family:Symbol;} ol {margin-bottom:0in;} ul {margin-bottom:0in;} –>
<!– /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:”"; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”; mso-fareast-font-family:”Times New Roman”;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} –>
Taylor-Brown's Related Post s' Related Posts - Buying a Home Has Never Been Easier for Illinois' Veterans The Illinois Housing Development Authority is willing to help any armed service person to purchase a home if he or she has one thousand dollars in saving to apply towards the purchase of a home. The program is called "G-I Loans for Heroes". The serviceperson would, however, have to have......
- Have You Stop to Smell the Roses, Lately? [caption id="" align="alignleft" width="144" caption="Image by jayesh912 via Flickr"][/caption] <!-- /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> Have you stop to smell the roses,......
- Your Bailout May Come In Through Tax Credits Did you know that a misfortune such as getting laid off may yield you tax credits? How? Due to the newly revised recovery rebate credit, some taxpayers who did not qualify for a tax credit due their income being above or below a certain level may not qualify for this......
- Tips on How to Waterproof and Insulation Your Basement Chicago Premier Real Estate Company Link Partners .link { margin-bottom: 3px; margin-top: 3px;} .cattable { width: 700px; border:1px solid black; } .linktable { width: 700px; border:1px solid black; } .catcell { border:1px solid black; text-align: center; } .keywordsearch { font-size:9pt; font-family: arial, helvetica, sans-serif; } .navlinks { color: blue;......
- The 5 Most Costly Mistakes A Real Estate Investor Can Make-How Many Are You Making Right Now? The five costly mistakes that a real estate investor can make is not: protecting the assets in his or her portofolio researching the town or community the investor is buying in knowing the fair market rents knowing what type of property is most profitable for the investor knowing the cost......
- Surrender to life There is a famous prayer often called the Serenity Prayer. Sometimes we simply have to accept what is, while we...
- Even More Essentials for Good Health Here is a look at ten essential tips for good health, which involve diet, weight loss, good nutrition, fitness and...
- Soda Springs Winter Resort, Truckee, CA Soda Springs Winter Resort is located: Truckee, CA Phone: (530) 426-3901 Website: http://www.skisodasprings.com/index.html About the Resort: This may not be...
- Mangagement Rings: A Diamond Is Forevhim So you're down on one knee, staring up at your lady. The Sun is setting just behind her head and...
- Reasons For Conducting Reverse Email Searches Check Out Our Reviews Of The Top Email Finders Today! By this time you probably have searched around and know...
About the author
The information put together in this article is extremely valuable to anyone with even a passing interest in this area. I hope you continue to cover this topic. Loan Modification
Exactly. It’s not easy finding information on these things these days that doesn’t have a slant or where the writer isn’t just guiding you down a path which follows their own agenda, whether it’s to sell a product, a service or an idea. Give me the facts and let me decide – that’s what this article does. Loan Modification
I m amazed to know how much of information I gained on this subject. I m so very thankful of you. One thing I can say that, after reading this article I got saved from the entire useless search I should have conducted on this matter. Your article is a real blessing in disguise.
Bless you. Still an additional extraordinary way of seeing things, that’s the key reason why I return to your website habitually…
WANETA