Types of "Cons"

When making decisions I usually will write down the pros and cons of the situation. I just bought a new car and did the same thing ... made my list. Pro's are the good things, Con's are the bad ... interesting!!!

I continue on my journey to learn more about why I do what I do. This morning part of my reading was going over unconditional love. Learning what true UNconditional love is all about. These thoughts followed;
Why must we live our life based on conditions? Conditions of....
If we want to be liked, we have to meet certain criteria that someone else has set.
If we want to be healthy, we have to eat certain foods that someone else has laid out
Most believe to be "worthy" we must do x,y and z ....
When will we choose to live and love unconditionally? Isn't it time we stop following society and follow Christ's example of unconditional love for everyone? especially ourselves? Remember, we can not give what we do not have ... it all begins within.

The scriptures state clearly, "become as a little child.." that doesn't mean selfish, it means innocent. Innocent doesn't mean naive either, it means to live without baggage, to live with joy instead ... look at it this way, "inner" sense. Learn who you are and feel the joy that comes from your inner sense! How many children do you know that simply enjoys the moment? Running through water, rolling down a hill, signing and laughing out loud, dancing just to dance?

To begin, one must accept themselves. Accept the good, bad and ugly!!! One must stop putting "conditions" on themselves, like... I should be better at this, I should be a better parent, better spouse, etc. Using the word "better" alone tells our inner sense what we are doing is not good enough. I suggest using the word "EVEN better" if you simply can not accept what is!

Create yourself a fabulous day!!!

Jody

Motto of Paul J. Meyers..Attitude is everything

I have a goal to write out my thoughts in hopes of assisting others along my same journey. Moving from the Employee mindset to business owner. It's been a great ride however I still find myself getting stuck.

Facebook is a great resource for me to be inspired by great quotes of others' postings. I saw this one today. What struck me were the words pursued and attracted.

"Success is not to be pursued; it is to be attracted by the person you become" ~ Jim Rohn

My first response to getting started on any day IF I am feeling like I'm falling behind is to begin pursuing activities. Figuring out, planning my days activities. Nothing wrong with that but it puts me in my usual habit of busy work. The saying BE DO HAVE stays firm in my mind and busy work is simply hustling around "doing to have"....where's the "BE"?

I love to read and found this article in Success Magazine ... By Todd Eliason, writing about Paul J. Meyers.
Interesting point that was made was in Paul's reflection of his parents teachings. His dad was a carpenter and taught very wise lessons.

Paul states, "One tool that stands out in Paul’s memory is his father’s magnet, because his father used it to demonstrate an intriguing law that Paul would use his entire life. “Experimenting with this magnet brought the law of attraction to life for me,” he says. “Positives attract, and negatives repel. When people allow fear, worry, doubt, indecision and other forms of negative thinking to determine the direction of their mental attitude, they shut off the positive power of their magnets.”

So the first part of the facebook post was how pursuing was NOT the answer to success but attraction was. When I read this part from the article, it made sense and re-centered me in striving to become the person who attracts success.

A second part of the article that impacted me was when he described what it takes to become a winner!
Paul states, "Over the years Paul realized even more fully the powerful role attitude plays in determining success and winning in life. “When people think of themselves as successful, they succeed,” Paul says. “When you believe in yourself, others tend to believe in you. When they see your self-confidence and positive expectancy about your goals, they believe in you and begin to accept your ideas.”

I am successful therefore I succeed daily.

I live in my power, therefore my belief in myself and my venture is embedded in my soul

I accomplish my goals easily, quickly and efficiently

I am grateful for all the money I have now

I love people

People love me

I am enough


MoneyMama.biz was a creation to serve more people more often. What do you have brewing inside for you to step outside your comfort zone and succeed?

Can you do it? Absolutely!
Will you do it? Possibly
If in doubt, join my team and together we will both watch you soar to greater heights....hang on and enjoy the ride!

Create yourself a fabulous day

Jody Hill
www.moneymama.biz

Financial Health..how fit are you?

Financial Freedom is what I hear most people say when they tell me why they want to learn Real Estate Investing. They understand the power of leverage through Real Estate, however, financial freedom is a vague statement.

Let's take it a bit deeper. Those who tell me I am looking for Financial freedom are really looking for more time to do what they "want" to do. They want the choice of their schedule. They want more time with family. These are all good and fine but still we must dig a little deeper. Get to the core issue of what we must learn and do to obtain this goal.

Interesting! I am all about Fitness. I work out and I strive to learn how to eat healthy. My basic physical make up is a high fat content which I have dealt with all my life. In fact, I have my fat percentage checked regularly something most people don't even know what % they have. I do, and have been labeled in the "obese" category all my life. If one looked at me, that wouldn't make sense but I swear based on the charts I am borderline ALWAYS in the obese category. Is that frustrating? YES!

I am doing a body "rehab" to get my body fat % under control. I know it is healthier for me to get it lowered. I continue learning how to maintain it through healthy eating. I learn more and can handle it better each time I focus on the goal of getting it lowered. Is it easy, not really. Is it simple YES.

Those who know me, know I use analogies in everything and financial health and physical health compare nicely. Here's what I have found.

I have been financially obese most of my life. My debts were out of hand. On paper, our debts didn't look so bad but come every month our checkbook took a beating. We usually had more month left over money.

I began my financial rehab 2 1/2 years ago. Doug and I wrote down every penny we spent and on what. We learned where we spent our money. Once we knew where our priorities were, we could split up our monies in different categories. Yes we have a "play" account. As T. Harv Ecker states in his book, "Secrets of a Millionaire Mind" a play account is to be spent every month. It's not fair to "save" up for something big. That something big is your "future vacation" fund or "Future whatever" account.

You spend your play money on quality not quantity. For example, If you had $100 dollars to spend. You would spend it on an expensive dinner vs buying 100 dollar items at the dollar store.

There is a game plan just like a diet plan to achieve your goals of financial health. Stay tuned...more to come in following posts

Create yourself a great day!

Jody Hill



- About the Author:
I guide and direct others to live life earning six figure incomes on their time and in their timeframes so they can do more and be more for those they love the most.

To learn more about what I do and how you can become financially healthier go to: http://www.moneymama.biz

Forward Momentum is a choice...

I'm sitting here in my beautiful backyard contemplating what to write. I have had amazing experiences just in the last week. Let me share some of them with you. First, I went to Denver last weekend to attend their Wealth Summit. Jen Matlock was the instructor and I knew she would give me some golden nuggets, she is smart and willing to share all she knows. I was right, I did receive some golden nuggets. You see, I have an Arizona property we are taking to close. This is the most fun and stressful time of the whole transaction.

It's a timing thing. Taking all the parties involved to do what you expect them to do and put it together perfectly. Like a Thanksgiving dinner...tons of dishes ready to eat at the same time. This process begins once an approval letter is received. Negotiations begin, yes I said negotiations. Our approval letter is for $84,000 to close on or before October 15, 2010. Well, here's the thing...I begin marketing my properties once I receive my approval letter. I'm fast but not that fast. I don't have a doubt the property will get sold, but unless it was a cash offer I couldn't close it simultaneously with my approved price. Yes, I could close it with the bank for $84,000 but that would require having short term financing vs 24 hour funds, which cuts into my profits that I protect viciously! And it would take substantial funds out of my own pocket to make short term financing work. My new offer comes in for $80,000.

I also begin negotiating for an extension with the lender, hoping to give me another 30 days which would put me in a position to use 24 hour funds. Well, after reviewing the conditions of the approval letter I see a clause I can't live with. It's telling me I can't resell it for 30 days or they will consider it "flipping"....which is so far from what "flipping" is all about. If you want to learn more about that, then go to my website http://www.moneymama.biz and sign up for a Wealth Summit. Most would walk away from this deal, why? It's because they don't know what they are doing, scared and not willing to learn. I am renegotiating with the lender to remove that clause. They know I'm an investor, they know I intend to resell this property, they know the Seller/Owner knows my intention etc. Their fear is money will be given to the seller and not to them. Well, the seller isn't getting any money from this transaction so nothing to worry about right?

Where does the bittersweet come in? To market the property and receive greater profit, I must clean it up. A fresh coat of paint is being put on as I type this...not by me but by someone I hired to work for me. The yard is getting cleaned up and the carpets are getting cleaned in the next few days. I have turned the utilities on in my name ALL before it's mine. Why would I do that? I believe that is why most people won't pull the trigger and buy a property. They don't want any risk, they are not willing to do what it takes to build their confidence in learning how to do this. If Real Estate was easy everyone would be doing it.....it's not easy BUT it's simple. I have a calculated risk. Let's look at the worst case scenario...if I didn't close what would I really be out? Only money, but what would I have gained? I would have gained greater confidence in taking a transaction this far. Either way I look at this, I've won!

In reality, I'm not without struggle. I learned to strengthen my emotions. Moving forward with the confidence that the end result will happen just as I planned. Will I have hurdles to overcome? Probably, but I'm emotionally fit to not feel them as much as I use to. I'm happy with my growth, my strengthening experiences its what brought me to this point. That is why I coach others, mentor others and direct others along their path, all because I have been down that road.

I almost forgot! I haven't told you what I'm marketing it for. My sells price is $115,000. My marketing officially begins Oct. 1st. To put this in perspective, the original mortgage was over $200,000 and the Retail value is $119,000-$121,000. I'm priced below market value and buyers are lined up ready to go look. They are simply waiting for the work to be completed. I'm excited to sit down at the closing table....exhilarated to feel the accomplishment of a transaction completed. I Love cashing my check and then, do it all over again. How many hours have I spent on this property? My guess is less than 10 hours total. Not a bad paycheck if I say so myself!!!

Where does that leave us? Real Estate, Real Fun in Real Time....

Go create yourself a fabulous day!

Jody

Mindset...are you gelling? or already set?

You are receiving this post because we have had conversation, in the past for some and more recent for others, on your interest to improve your financial situation. Has anything changed? Are you still feeling stuck, under paid, living paycheck to paycheck? Well, you want to have things different, you want more money, you want freedom....have you thought you already have everything and it's simply your perspective that needs adjustment? Maybe it's a shift in words you use? I know, success is a learnable skill. Either you choose to learn it or remain dreaming about it then condemning yourself and blaming others when you don't achieve it. It all comes down to YOU! It's your choice, no one else...period.

Remember, what you focus on expands. Which means if you focus on "wanting" you get more "want" ... does "want" satisfy? No, what about focusing on "freedom"? You already have "freedom", are you looking for a carefree lifestyle instead? Carefree means without worry. Would a carefree financial lifestyle be your intention to achieve?

As T. Harv Ecker states..."Think about it this way: Energy is contagious! Either you affect people or infect people. The same holds true the opposite way around; either people affect or infect you. Which bug would you rather catch?"

If you are interested in the full read, go to http://www.themillionairemindblog.com/mindset/beware-of-frenemies/

Success is a personal definition, it means something different to each person, however I know Real Estate Investing has the greatest leverage to create that carefree lifestyle you each are searching for. Like my friend Zeke Zucaro says. "It's time you get up off the couch and buy a house!"

Create yourself a great day!

Jody