How to Build a Strong Financial Foundation; Laying One Brick at a Time
Building a Strong Financial Foundation
Your home can fuel your economic portfolio and be the essence of your financial foundation, also for your future generations.
Ugly Choices
Or an Automated Teller depleting your financial base and leave you with broken dreams and a pile of debt.
Using your home as an automated teller is one of the big reasons we had the recent Global Financial Crisis. According to many sources, officially, the Global Financial Crisis started on August 9, 2007. We all can debate the official start date of the recent Global Financial Crisis, but we all know that the fall of 2007 earmarked the start of a rough ride financially around the world.
In the last year or two, we have seen the United States emerge from this financial crisis. My biggest concern for everyone in our minds is defaulting to the USA’s economic turmoil over the last decade and in many parts of the globe.
Out of Nowhere
The pandemic stormed the world in early 2020, and the world was back into a financial crisis.
I am not here to criticize anyone for the crisis.
Whether you remortgaged your home, used your line of credit, carried a credit card balance from month to month, purchased furniture or electronics with no payments for a year only to get caught with a considerable amount of interest added to the purchase price after a year; most of us were caught up in one of these scenarios.
Many people saved more money through the pandemic than in the past, and many are using the government personal bailout cash to fund first-time stock market investors.
Many of us have good intentions to pay in full after a year or not carry a credit balance, but somehow we get hit with high-interest charges; our life gets us sidetracked. Those of us who lived in LifeStyle got caught up in these easy credit access traps; these traps put a grip on us and, in many cases, never let go. We find ourselves transferring debt from one financial vehicle to another; we have fixed our credit crisis with some illusion. It reminds me of the two little pigs who thought their foundation was stable until the Big Bad Wolf blew their homes down.
Sticks and Stones May Break Your Economic Bones
Is your house made of financial straw or sticks that will come tumbling down? In addition, leaving you with a money pit, not because of its construction but because of how you used your materials?
As children, inundated with many fairy tales that are thrust upon us like they are the truth. Remember, most fairy tales have been around for centuries, woven into our culture as if they are real. All fairy tales have some reality rooted in the stories.
The Three Little Pigs Grounded in Reality
The fairy tale of “The Three Little Pigs” talks to us about a great foundation; this is one of the story’s morals and rings as real today as it did centuries ago.
If you invest your time reading this website, my promise to you is to help you build a strong foundation no matter your age, your lot in life, or what stage of life you think you are in.
Now
If you ask me when is the best time to invest, I will always tell you it is “Now.”
It is hard to live in the “now” if you have yourself caught up in the past or analyzing the future. The history and future tend to be the times we get caught up in and create indecision.
The opportunity to take action is “Now.”
I intend to help you recognize the straw and sticks in your financial world. Therefore, see how we can help turn these materials into brick, building an economic foundation that will live a long life even after leaving this world.
Are you ready to lay the first brick to the cornerstone of your strong financial foundation?