Best Financial Affairs Online
Welcome to Best Financial Affairs Online!

Finance Articles


The Person With The Most Money Wins!
By John Michael


The person with the most money wins! This phrase has been used repeatedly but not by the wealthy but by the poor "The have not`s".

Money is not the only or even the most important thing in life.

You number one goals should be when it comes to life is:

  1. Good health
  2. Take care of Family
  3. Ability to enjoy life
  4. Happiness both for yourself and others around you

The above should be at the top of the list of any goal you have. However, wealth does make substantial improvements to each of the four areas of life listed above.

More money can mean better:

  • Health Care
  • Relaxing Vacations and Adventures
  • Education for your children or yourself
  • Better home than you have now

Best of all it can reduce stress from not having to worry about money!

Many of us have problems in life that additional cash will help solve the situation. Did you know that 80% of problems in life could be simply resolved with additional cash.

Your first step to becoming financially secure is getting involved in real estate as an investor. Now you must take the next step "Stop chasing money".

John Michael, the founder of Stealth Educational Services has a vary simple but phrase he loves to use

Money has twelve legs and you have two - It will always out run you when you chase it.

Fundamentally, there are two areas to focus on to build wealth and generate cash.

  1. You must develop skills and strategies to reduce your expenses along with maximizing your life style.
  2. You must develop skills and strategies of generating additional revenues.

You will need to learn how to use:
OPM - Other Peoples Money
OPT - Other Peoples Time

We all have life expenses such as:

  • Food - Meals
  • Auto Insurance
  • Auto gas and oil
  • Rent or Mortgage payments
  • Along with other purchases

You easily spend $2,000, $5,000, $10,000, or even more every year on these expenses.

Did you know that for every dollar that you make tax deductible you can receive approximately 15¢ to even 50¢ back from the government and yes it all depends upon your tax bracket and tax rate. The easiest and fastest way to get tax breaks you will need is to simply start a small business.

As a real estate investor, you have a small business!

This should be your goal for your financial strategy as a real estate investor over the next 12 months:

  • $50,000 to $100,000 income from real estate investing
  • Cut your tax bill in half
  • Reduce your auto insurance by 1/3
  • Save $1,000`s on your next purchase of a car
  • Reduce your food cost by 10%
  • Decrease your health cost up to 20%
  • Open your KEOG retirement plan
  • Improve your credit
  • Protect and shield your assets

Just to name a few.

You may have to work full time and do real estate investing part-time for several months until you get the ball rolling. You will need multiple sources of income to become successful as you grow and start your carrier as a real estate investor.

Let me give you another set of goals that you should shoot for as well:

  • Build wealth in real estate
  • Develop multiple sources of income and residual income
  • Make money while you sleep
  • Develop a profitable real estate investing business
  • Earn at least 15% on your investments
  • Use your real estate investing business for tax deductions
  • Use compounding of money and time to build wealth slowly
  • Become worth more to an employer until you are able to fire them

Stop chasing money, it is not how much money you "earn", it is what you "learn" to do with the money that matters.

You must have a good plan for building wealth!

More wealth and cash can make life more exciting, dynamic, and fun.

"Daring ideas are like chessmen moved forward. They may be beaten, but they may start a winning game." By Johann Wolfgang von Goethe

For more information about this article and/or the author visit http://jmichaelrei.com

For more information, news and articles see:

Debt Management Help - Debt Management Help
...r finances there just doesn`t seem to be enough coppers in the bank to pay your creditors. You are not on your own. The UK has been spiraling further into debt for a decade and a large number of fam...
Visit Debt Management Help...

Homeowner Loans - Homeowner Loans
...ll haven`t paid the monthly direct debt to the utility firm. You`ll have to sort out funds for your credit cards next week and then there are the catalogue payments to make. It`s the same story each...
Visit Homeowner Loans...

Structured Deposits - Structured Deposits
... that independent financial advisors would take their time to research the latest structured deposits for their clients. What would be the point in consulting an advisor if they failed to compare and...
Visit Structured Deposits...

Structured Products - Structured Products
...productsthat are on the market? Do they compare and contrast, analyse and evaluate the products that will be suitable for their clients? If they take their role seriously they will and they`ll use a...
Visit Structured Products...

Debt Solutions - Debt Solutions
...obbing Peter to pay Paul and the heavy cloud of debt is always hovering above your head. When you sit down to work out your money the simple truth is you have more going out than you have coming in. ...
Visit Debt Solutions...

Bad Credit Loans - Bad Credit Loans
...u been refused credit on the past? Are CCjs causing your problems and missed payments weighing heavily on your credit score? Looking for a loan is pointless isn`t it, or that`s how you see it anyway...
Visit Bad Credit Loans...

The Taxation People - Article01.html
...s many as one in three UK taxpayers have paid too much tax! The Taxation People, are a forward thinking online accountancy service that specialise in helping people who might be eligible for a tax re...
Visit The Taxation People...

The Taxation People - Article03.html
... A new `No Win No Fee` tax refund service has just been launched by Greer & Taylor LLP on a dedicated new website The Taxation People which can be found at www.thetaxationpeople.com where you can fi...
Visit The Taxation People...


Click For More Detailed Information on:
mt mnanufactured for you ::easy light trade store ::your young trade live ::new manufactured for you ::best manufactured for you

Home  |  About Us  |  Contact Us  |  Articles  |  Special Reports  |  Links  |  Site Map

Copyright © 2003-2010. All Rights Reserved.


Valid CSS!