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The activity: Insure your property.
The trek: Improve cash flow.
The terrain: Prosperity Quadrant I (negative 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 Cash Flow: Protect Income and Assets: Property Insurance
The activity: If you need it, have adequate life 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: Easy to Moderate
You may not need insurance. If you have no dependents or spouse and don’t need an estate for any heirs then
Continue reading Special Situations: Protect: Life Insurance
The activity: If you need it, have adequate life insurance.
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
You may not need insurance. If you have no dependents or spouse and don’t need an estate for any heirs then you probably
Continue reading Enrichment and Fulfillment: Protect: Life Insurance
The activity: If you need it, have adequate life 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: Easy to Moderate
You may not need insurance. If you have no dependents or spouse and don’t need an estate for any heirs
Continue reading Wealth and Prosperity: Protect: Life Insurance
The activity: If you need it, have adequate life insurance.
The trek: Build net worth
The terrain: Prosperity Quadrant II (positive cash flow; negative net worth).
Difficulty rating: Easy to Moderate
You may not need insurance. If you have no dependents or spouse and don’t need an estate for any heirs then you probably don’t need insurance.
Insurance is essentially
Continue reading Net Worth: Protect Income and Assets: Life Insurance
The activity: If you need it, have adequate life insurance.
The trek: Improve cash flow.
The terrain: Prosperity Quadrant I (negative cash flow; negative net worth).
Difficulty rating: Easy to Moderate
You may not need insurance. If you have no dependents or spouse and don’t need an estate for any heirs then you probably don’t need insurance.
Insurance is essentially
Continue reading Cash Flow: Protect Income and Assets: Life Insurance
The activity: Ensure that you have adequate health care 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: Easy to Moderate
Few topics are as important, or controversial, as the topic of health care insurance.
For some, health care insurance is a non-issue
Continue reading Special Situations: Protect: Health Care Insurance
The activity: Ensure that you have adequate health care insurance.
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
Few topics are as important, or controversial, as the topic of health care insurance.
For some, health care insurance is a non-issue – their
Continue reading Enrichment and Fulfillment: Protect: Health Care Insurance
The activity: Ensure that you have adequate health care 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: Easy to Moderate
Few topics are as important, or controversial, as the topic of health care insurance.
For some, health care insurance is a
Continue reading Wealth and Prosperity: Protect: Health Care Insurance
The activity: Ensure that you have adequate health care insurance.
The trek: Build net worth
The terrain: Prosperity Quadrant II (positive cash flow; negative net worth).
Difficulty rating: Easy to Moderate
Few topics are as important, or controversial, as the topic of health care insurance.
For some, health care insurance is a non-issue – their employer provides them with good
Continue reading Net Worth: Protect Income and Assets: Health Care Insurance
The activity: Ensure that you have adequate health care insurance.
The trek: Improve cash flow.
The terrain: Prosperity Quadrant I (negative cash flow; negative net worth).
Difficulty rating: Easy to Moderate
Few topics are as important, or controversial, as the topic of health care insurance.
For some, health care insurance is a non-issue – their employer provides them with good
Continue reading Cash Flow: Protect Income and Assets: Health Care Insurance
The activity: Explore opportunities to follow your passion through self-employment.
The trek: Improve cash flow and use net worth to supplement income.
The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth).
This activity suitable for: People that have a passion and entrepreneurial spirit.
Difficulty rating: Moderate
If you have a passion and an entrepreneurial spirit then you should
Continue reading Special Situations: Live Within Your Means: Self-Employment Opportunities to Follow Your Passion
The activity: Explore opportunities to follow your passion through self-employment.
The trek: Improve cash flow.
The terrain: Prosperity Quadrant I (negative cash flow; negative net worth).
This activity suitable for: People that have a passion and entrepreneurial spirit.
Difficulty rating: Moderate
If you have a passion and an entrepreneurial spirit then you should consider the possibility of increasing your income
Continue reading Cash Flow: Improve Income and Expenses: Self-Employment Opportunities to Follow Your Passion
When you need cash to reduce debt or to invest you’ll have it if you’ve followed a disciplined financial security plan that gives you the cash to tap into your accumulated assets when needs or opportunities arise. If you want to advance your education, make a major purchase, invest in a business or take care
Continue reading Where to Find Cash to Reduce Debt, Invest or Other Financial Need
The activity: Consider the advantages and disadvantages of a reverse mortgage.
The trek: Improve cash flow and use net worth to supplement income.
The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth).
This activity suitable for: Families exploring options for cash to reduce debt.
Difficulty rating: Moderate
What is a Reverse Mortgage?
From the AARP website “A reverse mortgage is
Continue reading Special Situations: Live Within Your Means: Cash From a Reverse Mortgage
The activity: Consider the advantages and disadvantages of a reverse mortgage.
The trek: Improve cash flow.
The terrain: Prosperity Quadrant I (negative cash flow; negative net worth).
This activity suitable for: Families exploring options for cash to reduce debt.
Difficulty rating: Moderate
What is a Reverse Mortgage?
From the AARP website “A reverse mortgage is a special type of home loan that
Continue reading Cash Flow: Improve Income and Expenses: Cash From a Reverse Mortgage
The activity: Consider the advantages and disadvantages of a life settlement.
The trek: Improve cash flow and use net worth to supplement income.
The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth).
This activity suitable for: Families exploring options for cash to reduce debt.
Difficulty rating: Moderate
A life settlement, or senior settlement, as they are sometimes called, involves
Continue reading Special Situations: Live Within Your Means: Cash From a Life Settlement
The activity: Consider the advantages and disadvantages of a life settlement.
The trek: Improve cash flow.
The terrain: Prosperity Quadrant I (negative cash flow; negative net worth).
This activity suitable for: Families exploring options for cash to reduce debt.
Difficulty rating: Moderate
A life settlement, or senior settlement, as they are sometimes called, involves selling an existing life insurance policy to
Continue reading Cash Flow: Improve Income and Expenses: Cash From a Life Settlement
When it comes to saving for retirement should you fund your 401(k) or IRA first? Here are ten questions to ask that can help you make your decision.
1. Do you get an employer match?
The first question you want to ask is, does your employer match funds. It’s free money, so you don’t want to give
Continue reading Where to Save for Retirement First – an IRA or 401(k)?
The activity: Consider the advantages and disadvantages of a 401(k) loan.
The trek: Improve cash flow and use net worth to supplement income.
The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth).
This activity suitable for: Families exploring options for cash to reduce debt.
Difficulty rating: Easy to Moderate
Sometimes the true lender of last resort is ourselves. If
Continue reading Special Situations: Live Within Your Means: Cash From a 401(K) Loan
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