Prosperity Trek by Prosperity Concierge » Earning

Special Situations: Live Within Your Means: Self-Employment Opportunities to Follow Your Passion

Prosperity Concierge — Thu, 04 Aug 2011 03:54:48 +0000

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

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Cash Flow: Live Within Your Means: Self-Employment Opportunities to Follow Your Passion

Prosperity Concierge — Thu, 04 Aug 2011 03:15:22 +0000

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

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Where to Find Cash to Reduce Debt, Invest or Other Financial Need

Prosperity Concierge — Wed, 03 Aug 2011 19:11:13 +0000

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

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Special Situations: Live Within Your Means: Cash From a Reverse Mortgage

Prosperity Concierge — Mon, 18 Jul 2011 02:26:52 +0000

The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth). The trek: To improve cash flow and use net worth to supplement income. This activity on the trek: Consider the advantages and disadvantages of a reverse mortgage. This activity suitable for: Families exploring options for cash to reduce debt. Difficulty rating: Moderate

What is a Reverse Mortgage?

From the AARP website

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Cash Flow: Live Within Your Means: Cash From a Reverse Mortgage

Prosperity Concierge — Mon, 18 Jul 2011 00:18:42 +0000

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

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Special Situations: Live Within Your Means: Cash From a Life Settlement

Prosperity Concierge — Wed, 13 Jul 2011 02:52:26 +0000

The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth). The trek: To improve cash flow and use net worth to supplement income. This activity on the trek: Consider the advantages and disadvantages of a life settlement. This activity suitable for: Families exploring options for cash to reduce debt. Difficulty rating: Moderate

A life settlement, or senior settlement, as they

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Cash Flow: Live Within Your Means: Cash From a Life Settlement

Prosperity Concierge — Wed, 13 Jul 2011 02:34:45 +0000

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

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Special Situations: Live Within Your Means: Cash From a 401(K) Loan

Prosperity Concierge — Tue, 12 Jul 2011 02:28:47 +0000

The terrain: Prosperity Quadrant IV (negative cash flow; positive net worth). The trek: To improve cash flow and use net worth to supplement income. This activity on the trek: Consider the advantages and disadvantages of a 401(k) loan. This activity suitable for: Families exploring options for cash to reduce debt. Difficulty rating: Easy to Moderate

Sometimes the true lender of last

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Cash Flow: Live Within Your Means: Cash From a 401(K) Loan

Prosperity Concierge — Tue, 12 Jul 2011 02:11:38 +0000

The activity: Consider the advantages and disadvantages of a 401(k) loan. 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: Easy to Moderate

Sometimes the true lender of last resort is ourselves. If you have a 401(k) or other retirement plan

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Cash Flow: Protect

Prosperity Concierge — Wed, 29 Jun 2011 03:08:50 +0000

The activity: Protect your income and assets. The trek: Improve cash flow. The terrain: Prosperity Quadrant I (negative cash flow; negative net worth). Difficulty rating: Easy

This portion of the trek has activities to protect your income and assets.

Activities to Protect Income disability insurance emergency fund Activities to Protect Assets health care insurance life insurance property insurance estate planning umbrella insurance long-term care insurance

Related Activities and Side Trips Charitable

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Trek IV: Special Situations: Live Within Your Means: Introduction

Prosperity Concierge — Fri, 09 Apr 2010 02:19:30 +0000

We’ll focus on two types of steps for the “live within your means” part of the trek.

Earning Steps understanding how we can add value in what we do career moves we can make that will improve our income strategies that we can use to find a job creative ways to improve our income stream Spending Steps understanding the factors that

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Cash Flow: Live Within Your Means

Prosperity Concierge — Tue, 06 Apr 2010 00:38:00 +0000

The activity: Explore how to live within your means. The trek: Improve cash flow. The terrain: Prosperity Quadrant I (negative cash flow; negative net worth). Difficulty rating: Easy

This portion of the trek has activities to live within your means.

Activities to Earn understanding how we can add value in what we do career moves we can make that will improve our income strategies that

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Strategies When You Own Company Stock or Options And Tax Rates Are Expected to Climb

Prosperity Concierge — Wed, 23 Dec 2009 14:23:49 +0000

If you have company stock, or options to own company stock, and you believe taxes may increase in your future there are several strategies that experts recommend.

• Incentive stock options: These are viewed as the best options, because no tax is due when they are granted or exercised (converted into actual stock).

With incentive stock options,

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Trek IV Special Situations: Get Disability Insurance

Prosperity Concierge — Wed, 02 Sep 2009 00:54:19 +0000

Disability insurance is a necessity during your working years. In fact, you are more likely to become disabled than die prior to retirement. If you become disabled your income and cash flow are in jeopardy unless you have disability insurance.

Many employers provide disability insurance as a benefit. If your employer offers disability

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Trek II: Get Disability Insurance

Prosperity Concierge — Wed, 02 Sep 2009 00:51:53 +0000

Many employers provide disability insurance as a benefit. If your employer offers disability insurance check the

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Trek III: Improve Your Career

Prosperity Concierge — Tue, 01 Sep 2009 00:33:16 +0000

Evaluate your career to find opportunities to improve your income. Performing a career self-evaluation allows you to explore opportunities to enhance your income. However, importantly, it may also help you to find a career that better utilizes your interests and skills, provides more fulfillment and enrichment. A new career just might bring you

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Trek IV Special Situations: Add Value to Your Job

Prosperity Concierge — Sat, 22 Aug 2009 17:53:47 +0000

Your earning potential should be directly correlated to your value to the company you work for. If you have a job a good exercise to evaluate your worth to your employer is to sell yourself. This exercise gives you a chance to explain to yourself your value to the organization.

In this exercise you explain why

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Cash Flow: Live Within Your Means: Career Growth

Prosperity Concierge — Sat, 22 Aug 2009 17:32:59 +0000

The activity: Grow your career by adding value. The trek: Improve cash flow. The terrain: Prosperity Quadrant I (negative cash flow; negative net worth). Difficulty rating: Easy

Your earning potential should be directly correlated to your value to the company you work for. If you have a job a good exercise to evaluate your worth to your employer is

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Trek II: Improve Your Career

Prosperity Concierge — Fri, 21 Aug 2009 03:17:21 +0000

Your

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Trek III: Evaluate Career Trends

Prosperity Concierge — Tue, 28 Jul 2009 03:46:21 +0000

Supply and Demand

To an employer you are a resource. And, as with any resource, supply and demand dictate price. Where demand is higher or supply is lower the price, or in this case salary or wage, is higher.

There are multiple factors to consider when doing your career decision-making. Vying for the top of the

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