Net Worth: Save From Income

This is activity 26 of 32 in the Build Net Worth in Prosperity Quadrant II trek.

The activity: Explore how to save for college and future health care expenses.
The trek: Build net worth.
The terrain: Prosperity Quadrant II (positive cash flow; negative net worth).
Difficulty rating: Easy
This portion of the trek has activities to save from income.
Activities to Save From Income

save for college in a college savings plan
save for future health care expenses

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Net Worth: Save From Income

This is activity 22 of 32 in the Build Net Worth in Prosperity Quadrant II trek.

The activity: Explore how to save and invest from income.
The trek: Build net worth.
The terrain: Prosperity Quadrant II (positive cash flow; negative net worth).
Difficulty rating: Easy
This portion of the trek has activities to save from income.
Activities to Save From Income

save for retirement by investing in the nonmatch portion of your 401(k)

How to Get Ready to Retire? Save, Budget and Study Up

What do you need to do to get ready to retire? Focus on these key action items:
1. Start saving, keep saving, and stick to your goals
If you are already saving, whether for retirement or another goal, keep saving. You know that saving is a rewarding habit. If you’re not saving, it’s time to get started.

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Net Worth: Control Debt

This is activity 19 of 32 in the Build Net Worth in Prosperity Quadrant II trek.

The activity: Develop a debt reduction plan and reduce credit card interest rates.
The trek: Build net worth.
The terrain: Prosperity Quadrant II (positive cash flow; negative net worth).
Difficulty rating: Easy
This portion of the trek has activities to reduce debt.
Activities to Control Debt

develop a debt reduction plan
reduce your credit card interest rates

Net Worth: Save From Income

This is activity 16 of 32 in the Build Net Worth in Prosperity Quadrant II trek.

The activity: Explore how to save from income.
The trek: Build net worth.
The terrain: Prosperity Quadrant II (positive cash flow; negative net worth).
Difficulty rating: Easy
This portion of the trek has activities to save from income.
Activities to Save From Income

set up a savings plan
fund a Roth IRA

Net Worth: Control Debt

This is activity 11 of 32 in the Build Net Worth in Prosperity Quadrant II trek.

The activity: Explore how to control and reduce debt.
The trek: Build net worth.
The terrain: Prosperity Quadrant II (positive cash flow; negative net worth).
Difficulty rating: Easy
This portion of the trek has activities to control and reduce debt.
Activities to Control Debt

get a free credit report
improve your credit score
analyze classes of debt
debt reduction

Special Situations: Protect Income and Assets: Umbrella Insurance

This is activity 35 of 35 in the Special Situations in Prosperity Quadrant IV trek.

The activity: Consider purchasing umbrella insurance.
The trek: Improve cash flow and use net worth to supplement income.
The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth).
Difficulty rating: Moderate
An umbrella policy is an extra layer of insurance that can pay for medical, court or other expenses you may need to pay after basic home and

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Enrichment and Fulfillment: Protect Income and Assets: Umbrella Insurance

This is activity 15 of 27 in the Enrichment & Fulfillment in Prosperity Quadrant IV trek.

The activity: Consider purchasing umbrella insurance.
The trek: Use prosperity to enjoy life and give back.
The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth).
Difficulty rating: Moderate
An umbrella policy is an extra layer of insurance that can pay for medical, court or other expenses you may need to pay after basic home and car insurance

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Wealth and Prosperity: Protect Income and Assets: Umbrella Insurance

This is activity 38 of 52 in the Wealth & Prosperity in Prosperity Quadrant III trek.

The activity: Consider purchasing umbrella insurance.
The trek: Build wealth and use prosperity to enjoy life and give back.
The terrain: Prosperity Quadrant III (positive cash flow; positive net worth).
Difficulty rating: Moderate
An umbrella policy is an extra layer of insurance that can pay for medical, court or other expenses you may need to pay after basic home

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Net Worth: Protect Income and Assets: Umbrella Insurance

This is activity 32 of 32 in the Build Net Worth in Prosperity Quadrant II trek.

The activity: Consider purchasing umbrella insurance.
The trek: Build net worth.
The terrain: Prosperity Quadrant II (positive cash flow; negative net worth).
Difficulty rating: Moderate
An umbrella policy is an extra layer of insurance that can pay for medical, court or other expenses you may need to pay after basic home and car insurance policies are exhausted. Coverage levels

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Cash Flow: Protect Income and Assets: Umbrella Insurance

This is activity 35 of 36 in the Improve Cash Flow in Prosperity Quadrant I trek.

The activity: Consider purchasing umbrella insurance.
The trek: Improve cash flow.
The terrain: Prosperity Quadrant I (negative cash flow; negative net worth).
Difficulty rating: Moderate
An umbrella policy is an extra layer of insurance that can pay for medical, court or other expenses you may need to pay after basic home and car insurance policies are exhausted. Coverage levels

Continue reading Cash Flow: Protect Income and Assets: Umbrella Insurance

Special Situations: Protect: Make a Will

This is activity 32 of 35 in the Special Situations in Prosperity Quadrant IV trek.

The activity: Make a will to have a say on how you will give your assets to others when you die.
The trek: Improve cash flow and use net worth to supplement income.
The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth).
Difficulty rating: Moderate
A will is going to be how you tell people how you want

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Enrichment and Fulfillment: Protect: Make a Will

This is activity 6 of 27 in the Enrichment & Fulfillment in Prosperity Quadrant IV trek.

The activity: Make a will to have a say on how you will give your assets to others when you die.
The trek: Use prosperity to enjoy life and give back.
The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth).
Difficulty rating: Moderate
A will is going to be how you tell people how you want your assets

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Wealth and Prosperity: Protect: Make a Will

This is activity 7 of 52 in the Wealth & Prosperity in Prosperity Quadrant III trek.

The activity: Make a will to have a say on how you will give your assets to others when you die.
The trek: Build wealth and use prosperity to enjoy life and give back.
The terrain: Prosperity Quadrant III (positive cash flow; positive net worth).
Difficulty rating: Moderate
A will is going to be how you tell people how you

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Net Worth: Protect Income and Assets: Make a Will

This is activity 10 of 32 in the Build Net Worth in Prosperity Quadrant II trek.

The activity: Make a will to have a say on how you will give your assets to others when you die.
The trek: Build net worth.
The terrain: Prosperity Quadrant II (positive cash flow; negative net worth).
Difficulty rating: Moderate
A will is going to be how you tell people how you want your assets distributed when you die. If

Continue reading Net Worth: Protect Income and Assets: Make a Will

Cash Flow: Protect Income and Assets: Make a Will

This is activity 33 of 36 in the Improve Cash Flow in Prosperity Quadrant I trek.

The activity: Make a will to have a say on how you will give your assets to others when you die.
The trek: Improve cash flow.
The terrain: Prosperity Quadrant I (negative cash flow; negative net worth).
Difficulty rating: Moderate
A will is going to be how you tell people how you want your assets distributed when you die. If

Continue reading Cash Flow: Protect Income and Assets: Make a Will

Special Situations: Protect: Property Insurance

This is activity 29 of 35 in the Special Situations in Prosperity Quadrant IV trek.

The activity: Insure your property.
The trek: Improve cash flow and use net worth to supplement income.
The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth).
Difficulty rating: Easy to Moderate
If you own your home you need home insurance. If you rent your home you should have renter’s insurance.
When you purchase your renter’s or homeowner’s insurance, it

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Enrichment and Fulfillment: Protect: Property Insurance

This is activity 4 of 27 in the Enrichment & Fulfillment in Prosperity Quadrant IV trek.

The activity: Insure your property.
The trek: Use prosperity to enjoy life and give back.
The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth).
Difficulty rating: Easy to Moderate
If you own your home you need home insurance. If you rent your home you should have renter’s insurance.
When you purchase your renter’s or homeowner’s insurance, it is important

Continue reading Enrichment and Fulfillment: Protect: Property Insurance

Wealth and Prosperity: Protect: Property Insurance

This is activity 5 of 52 in the Wealth & Prosperity in Prosperity Quadrant III trek.

The activity: Insure your property.
The trek: Build wealth and use prosperity to enjoy life and give back.
The terrain: Prosperity Quadrant III (positive cash flow; positive net worth).
Difficulty rating: Easy to Moderate
If you own your home you need home insurance. If you rent your home you should have renter’s insurance.
When you purchase your renter’s or homeowner’s insurance,

Continue reading Wealth and Prosperity: Protect: Property Insurance

Net Worth: Protect Income and Assets: Property Insurance

This is activity 7 of 32 in the Build Net Worth in Prosperity Quadrant II trek.

The activity: Insure your property.
The trek: Build net worth
The terrain: Prosperity Quadrant II (positive cash flow; negative net worth).
Difficulty rating: Easy to Moderate
If you own your home you need home insurance. If you rent your home you should have renter’s insurance.
When you purchase your renter’s or homeowner’s insurance, it is important to shop around. You can

Continue reading Net Worth: Protect Income and Assets: Property Insurance