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Buy a Dream Home- The reality of Debt and what investing will do for you

Buy A Dream Home

Here’s a picture of our dream home that we walked through two times.  We have been wanting to buy a Dream Home for awhile now. If you are reading this, you may be wanting to buy a dream home as well.  

It’s been my screen saver on my laptop as well

Everything is perfect.

buy a dream home, dream home, dream board

Everything was beyond what we ever wanted including:
An infinity pool❤️
A home office (connected to but separate from the main home)❤️
A Separate Mother-in-law Suite❤️
A private beach and lake with private boat dock❤️
A lap-pool❤️
A year round warm weather❤️.
Next door neighbor to 4 NFL Players

Thanks to a thriving Business we could EASILY afford this home but…..

3 years ago today we decided that the simplicity of our life, the cul-da-sac for the kids to run around in, and the friendships, the closeness of family were all the most important things in our children’s lives right now.

Now stay with me so we can help you out because I know people who have made millions of dollars who are poor and in debt so I have some teaching moments for those of you who are still with me.

That debt is not a necessary or needed.

The fact is, most people in our nation today believe that debt is NORMAL, and in most cases, NECESSARY. They can’t imagine living a cash-and-carry life or a life in which all things they own are purchased outright with cash at the time of purchase.

I will continue to set big goals for our family and for contribution BUT I am willing to wait until these goals and dreams no longer put us in the chains of debt.

Here is something that you can take away from this message:

The math is revealing. The typical American with a $50,000 annual income would normally have an $850 house payment and a $495 car payment, with an additional $180 payment on the second car. Then there is a $165 student-loan payment; and the average credit-card debt is about $12,000, making those monthly payments around $185 per month. Also, this typical household will have other miscellaneous debt on things like furniture, stereos, or personal loans on which they pay an additional $120. All these payments total $1,995 per month. If this family were to invest that instead of sending it to the creditors, they would be cash mutual-fund millionaires in just fifteen years!

(After fifteen years, it gets really exciting. They’ll have $2 million in five more years, $3 million in three more years, $4 million in two and a half more years, and $5.5 million in two more years. So they will have $5.5 million after twenty-eight years.)

Keep in mind, this is with an average income, which means many of you make more than this! If you are thinking that you don’t have that many payments so your math won’t work, you missed the point. If you make $50,000 and have fewer payments, you have a head start, since you already have more control of your income than most people. If you NEED a way to earn an extra $500 a month to invest and LOVE health and Fitness please make sure to fill out the coach application BELOW.