Sunday, November 9, 2008

Why?

Whether you realize it or not, God has blessed us all with unique gifts. He created all of us different so that we can help and learn from one another. As someone who has been and continues to be financially successful, I feel it is important to share my gift with anyone who is interested.

Our current economic environment is presenting challenging circumstances for individuals and businesses. The problems we are facing are the direct result of over spending, too much leverage, and living for today and not planning for tomorrow.

There is no doubt that the market will always experience "Peaks" and "Valleys", but as individuals we can offset some of the negative effects of the natural economic cycles.

I've started this blog because I see that many in my peer group (25-35) do not understand the fundamentals to financial planning. Because of this lack of understanding many will not be able to weather this current economic storm.

We are all going through this "Storm" together and I would like to share my "Do's and Dont's" as a way of helping us all. Talking is the first step followed by action. We can all come out of this stronger if we band together. It will take a conservative approach by all globally to "right the ship". Getting back to basics is essential.

Each week I will share some of the planning techniques my Wife and I have implemented to get through this recession. Although I am confident in what we have done and continue to do, I realize there are many other ways as well. I look forward to hearing suggestions and getting as much feedback as possible.

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