Our mindset conversion, which was the first step in our resurrection from debt, wouldn’t have much impact if we didn’t proceed to the next step: the execution part. You need to act because the “aha” moment doesn’t last long and means nothing unless you put your learning into action.
How do you plan and execute? Imagine building your dream house on weak foundations. What do you think will happen if an earthquake shakes it up? Could your house withstand the tremors? Will it stay erect? The answer is definitely a resounding no. The same goes with executing a financial strategy. It must be founded on solid rock, covering the possibilities or the “ifs” of life. The first “if” is: What if I die too soon? The second “if” is: What if I live too long?
There are three financial planning concepts that Fely and I used in crafting a strong and stable plan that can withstand unforeseen events of life. These are concepts we learned from the International Marketing Group .
⦁ Build a Solid Financial Foundation. This concept helped us to prioritize our investment allocations.
⦁ Apply the X-Curve Concept. This is a planning tool that helps you cover the possibilities in life.
⦁ Pay Yourself First. This is the most important concept Fely and I learned that allowed us to have cash flow to fund our solid financial foundation and plan.
We would like to share with you more on a one on one basis.
Contact us at 0920-902-1217 for your appointment. Come to our our Financial Coaching at The World Centre, Buendia, Makati.
PS: We released a book (Risen From Debt- Initial Title, DEBT DESTROYERS Final Title) that details how we were able to get out of debt on MIB- Manila International Book Fair September 14-18, 2016 at the SMX MOA!
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