Wednesday, February 18, 2009

The War on Debt

It seems that there are a lot of wars being fought all over the place every day. I don't just mean the wars we hear about in the news papers being fought in far away countries. I mean the wars in our back alleys and in our lives. There's the war on drugs. There's the war on terrorism but we don't have any immediate influence on what goes on there. Sure, get involved and educate yourself and your families but let's get real, are you going to fly to who knows where and take out Osama??

One war you should be getting involved in is the war on debt... YOUR DEBT!

So let's get right to it...

First step in the War on Debt: Get $1000 in the bank!
This will act as a mini-emergency fund. This is a critical step to provide a safety net if needed. The idea here is to avoid incurring any new debt.

Second Step in the War on Debt: Pay off all debts!
This is where we apply the Debt Snowball as I previously described.

Third step in the War on Debt: Get 6 months of living expenses in the bank. This will complete your emergency fund. This is basically your safety net. ALWAYS BE PREPARED FOR THE WORST!


So where can we find additional money for the Debt War? Well we could sell assets such as a car, boat, television, hockey card collection, etc. Anything that has any value can be sold and the profits put towards debt.

We could also free up cash from daily spending, which is actually the most important step. Simply by bringing a lunch with you to work instead of eating out can make a major impact on your War efforts.

Another way is to increase your income by taking on a part time job to aid in repaying debt.
5756 Lowry Rd, Memphis, TN 38115











  • 4 beds
  • 3.0 bath
  • Built in 1973

THIS BRICK DUPLEX HAS GREAT INCOME PRODUCING POTENTIAL.IT HAS LARGE BEDROOMS AND IS IN GOOD SHAPE ALTHOUGH THERE ARE SOME REPAIRS THAT HAVE TO BE MADE .

Property Search

Here are some examples of properties that I am looking at. Each property presents a positive cash flow opportunity. I'll post new ones as I find them.






























Description

17255 SW 95 AV # F204, Palmetto Bay, FL 33016**


Beds: 2 Type: CONDO/TH
Baths: 1/0 Built: 1971

Short sale 2/1 condo in palmetto bay. Great investment!! Unit rents for $950. Exercise room, swimming pool, kiddie playground, laundry on premises. Secure, gated community with security patrol. Buy 1 unit or package of 7 units.

Quote of the Day

"There's no suffering in the world; there's only a story that would lead you to believe it. There's no suffering in the world that's real."
-Byron Katie

7 Spiritual Laws of Success

The Law of Giving and Receiving

The second spiritual law of success, the Law of Giving and Receiving, is based on the fact that everything in the universe operates through dynamic exchange. Every relationship is one of give and take because giving and receiving are different aspects of the flow of energy in the universe. If we stop the flow of energy, we interfere with nature's intelligence. We must give and receive in order to keep money, or anything we want, circulating in our lives.

Currency, our word for money, derives from Latin word meaning "to run or flow." Money is symbol of the life energy we give and the life energy we receive as a result of the service we provide to others. Like a river, money must keep flowing; otherwise it begins to clog and stagnate. Circulation keeps it alive and vital. If we stop the circulation of life energy, if our intention is to hold on to our money and hoard it, we stop its circulation back into our lives.

The intention behind our giving and receiving is the most important thing. When the act of giving is joyful, when it is unconditional and from the heart, then the energy behind the giving increases many times over. But if we give grudgingly, there is no energy behind that giving. If we feel we have lost something through the act of giving, then the gift is not truly given and will not cause increase.

The Law of Giving and Receiving is simple: If you want love, learn to give love; if you want attention and appreciation, learn to give attention and appreciation; if you want material affluence, help others to become materially affluent. If you want to be blessed with all the good things in life, learn to silently bless everyone with all the good things in life. The more you give, the more you will receive. In your willingness to give that which you seek, you will keep the abundance of the universe circulating in your life.

Abundance has material expression, but what is really circulating is consciousness. Even the thought of giving, the thought of blessing, or a simple prayer has the power to affect others. We are bundles of thought in a thinking universe, and thought has the power to transform.

The best way to experience the Law of Giving and Receiving is to give a gift to everyone you come into contact with. This doesn't have to be in the form of material things. The gifts of caring, affection, and love are some of the most precious gifts you can give, and they don't cost you anything.

One of the things I was taught as a child is never to go to anyone's house without bringing a gift. You may say, "How can I give to others when I don't have enough myself?" You can bring a note that says something about your feelings for the person you're visiting. You can bring a flower, a compliment, or a prayer.

Whenever you meet someone, silently send that person a blessing. This kind of silent giving is very powerful. Give wherever you go, and as you give, you will receive. As you receive, the more ability to give will increase, and the more you'll gain confidence in the miraculous effects of this law.

There is nothing you lack, because your essential nature is one of pure potentiality and infinite possibilities. You are inherently affluent no matter how much or how little money you have, because the source of all wealth is the field of pure potentiality that knows how to fill every need.

Giving and receiving are nothing other than the flow of life - the harmonious interaction of all elements and forces that structure the field of existence. The exchange of energy is a process that has its own timing, organization, and beauty. Your life unfolds in the same way. Everything that comes to you isn't something you earn, but a gift freely given by the universe, which means it comes from a deep awareness of what you need.

Think of all the things that have been freely given to you without your having to as for them. Just experiencing gratitude allows you to participate in the Law of Giving and Receiving. Nature supports your every need and desire, including your need for joy, love, laughter, harmony, and knowledge. Seek these things first - not only for yourself, but for others - and all else will spontaneously come to you.

To experience the Law of Giving and Receiving:

-Give a gift to everyone you encounter, be it a compliment, a flower, or a prayer. This will begin the process of circulating joy and affluence in your life and in the lives of others.

-Gratefully receive every gift that life offers you. Be open to receiving, whether it be a material gift from others, a compliment, or a prayer.

-Silently wish everyone you encounter happiness, joy, and laughter. By giving and receiving the gifts of caring, affection, appreciation and love, you will keep wealth circulating in your life.

Healthy ME - Day 8

Back and Triceps again. I really pushed it today. I was up at around 3:30 this morning so I got about 30 mins on the bike as well. I really pushed it this morning and stayed with a very similar routine from the last Back and Tri's day. Although today I relaxed a little on the abs... they're pretty sore!

For the rest of my workout days, I will be sharing with you how to do certain movements so that as you follow along you understand what I mean when I say I am doing a certain exercise. I'll either attach a link, pictures or even a video to show you how to perform each movement.

Since I worked on my back today I thought I would show you one of my favorites and one of the best movements for strengthening your back, arms and core all in one easy (well maybe not so easy) movement.

Close Grip Pull Up




This is a great movement whether you're at the gym or at home. It's easy to install a bar in any doorway of your home!

Well better go heat up my chicken!