Smart Homes & Wealth Building

Learn how you can build or convert your home and make it smarter—and build wealth more efficiently…


Although smart homes are becoming increasingly popular with millennials and those born in the past 30 years or so—the concept of smart homes has been around for over 30 years.  However, with the boom of the internet in the 1990’s and the subsequent advances in technology over the past 20 years–smart homes and what they offer are now available for the masses.


In this discussion will show you how you can use smart home technology to help you build your wealth more efficiently.


Did you know that the creator of has a penchant for technology and is A+, Network+ and Security+ Certified?


Whether you are purchasing a new home, purchasing a resale (existing home) with remodeling in mind, purchasing a rental, or purchasing a home to gut out and resell—smart home concepts should be a part of your mindset based on the time period that we live in and the technology that is now available.


Shop for your smart home products at…


Home Assessment


Did you know that you can go to SMARTHOME.COM and learn more ways that you can make your home more technologically efficient and possibly more energy and environmentally friendly and efficient?


To get an idea of some of the products that can make your home smarter go to


For the latest news on Smart Home Technology go to


Existing Home


Any device in your home that uses electricity can be put on your home network and work at your command. Whether you give that command by voice, remote control, tablet or smartphone, the home reacts.


Most applications that relate to lighting, home security, home theater and entertainment, and thermostat regulation can be incorporated into your existing home to make life more manageable for you and your family!


New Home


In a new home any device in your home that uses electricity can be put on your home network and at your command turned into a smart device.  Whether you give that command by voice, remote control, tablet or smartphone, the home reacts.   If you are purchasing a new home you must seriously consider incorporating smart technology in your home in ways that can make your life more enjoyable.


In a new home your options are wide open as long as you know the “smart concepts” that you want in your home upfront.  By visiting this page you are now in position to have your builder implement the smart concepts in a more economical way (as the home is being built) as you can get the wiring, controls and other smart technology in place in a way that is smoother and easier on the construction crew and your wallet.


Bath Area


Although smart technology is available for virtually every room in your home, many have found smart technology in the bath area to be of high value.  In large part due to sensor operated innovations like self-cleaning toilets, moisture sensing ventilation fans and digital shower controls you can now turn your bath area into one of the smartest rooms in your house.


Whether you are upgrading or considering the purchase of a new home you must consider improvements in the bath area that will make your home smarter and help you build wealth (will help your home sell at a higher price) during your ownership and increase your sales proceeds when you decide to sell your home.


Your Shower Area


You have a vast number of options when it comes to smart improvements in your shower area.


Whether you want shower heads with light and sound, digital temperature and water pressure controls that you can set from your smartphone and many other features you can make getting clean smart and fun.


If you are a conservationist consider a showerhead that senses what you are doing and adjusts the water flow.  If you are washing your hair, shaving etcetera–a sensor will adjust the water flow and help you conserve water.


Your Toilet Area


A toilet that cleans itself is now available and there is now a model available that allows you the option of never touching the toilet.


The Toto NEOREST AC  (although costly) has a model that uses the latest technology so that you won’t even have to touch the toilet.


Gravity and high speed jets and proprietary technology allows the model to use less water and still clean the toilet in an environmentally clean manner.  Visit to learn more about this product and other bath products that use smart technology.


Your Ventilation Area


Don’t overlook this vital area of your bathroom operation.  Your ventilation system removes moisture and humidity that could promote the growth of mold and mildew and can help exhaust unpleasant odors.


Smart technology now sense humidity after a long hot shower and turns on the ventilation to help remove excess moisture from the room—some can even communicate wirelessly with wall switches or with an app that allows you to control the fan from your smartphone.


Your Mirror Area


You can now jazz up your mirror and cabinet area with smart technology that allows you to watch tv as you bathe or shower, integrate your home security system into the screen, defog your mirror so that you can shave faster, charge your electronics on a USB or other port on your cabinet, cooling cabinets that keep your medicine and cosmetics at the right temperature and other things that you might dream up.


Other Accessories for Your Bath Area


Accessories allow you to put your personal stamp on your bathroom area and there are many high tech solutions that allow you to do that with style, functionality, flair and personality that is all your own.


You can now choose small robot vacuums and mops, Bluetooth enabled toothbrushes that communicate with your smartphone to determine how well you are brushing your teeth (take that dentist—I don’t want to hear your comments), smart scales that can track your weight and health goals–and touch free soap dispensers that allow you to wash your hands more efficiently.




By upgrading in a tech savvy way you can enhance the value of your home and increase your living standards from the comfort of your home.


Challenges of smart technology for some include cost as the price for some technology can seem high for those with low disposable income.  Another major concern is security as personal information and data that goes across the web can potentially be compromised by illegal or unauthorized access.


Hacking is a real concern with smart technology or any data that crosses over a network (whether it be the web or a private network).   Will your information really be secure is a real question that you must ask?  Will your smart locks to your doors really be secure or can it possibly be bypassed?  The same goes for your smart alarm security system.   Be sure to choose your smart technology products in a wise manner and with the above concerns in mind.


In addition, be sure your smart technology is inter-operable with other technology that you may purchase in the future as systems vary on what will work on their smart technology platform.


Whether heating, ventilation, air conditioning, lighting, electronics, kitchen appliances, laundry, your morning coffee or many of your bathroom elements—you can make your home smarter and build wealth more efficiently by taking a look at this time on ways that you can make your home smarter whether you are remodeling or building your home from the ground up.


It is now possible to make your home as technology savvy as your imagination allows you to go and when it is time to sell—you will have a home that will really show!


All the best to your smart home and wealth building success…


Learn more about smart homes by visiting these helpful pages:


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Financial Planning, Family Planning & Financial Success

Learn why Financial Planning and Family Planning go hand in hand for those who desire Financial Success throughout their lifetime…


Isn’t it time you let go of your thoughts that make you weak and embrace the thoughts that make you strong!  In this discussion will show you how you can use the power of your mindand the right action to effectively plan your and your family’s future so that you can make life more enjoyable while you are here on planet earth.


It is important that you educate yourself so that you can take appropriate action in your financial future.  Or, another way of looking at it is you must take an intelligent, consistent and proactive look at what you desire to occur in your financial future.


You can attain more joy and fulfilment in your life by asking the right questions about your financial future at this time.  You must be strategic about your future and use what will help you achieve your goals more effectively—and more efficiently.


You don’t have to confront your future in an emotional or random manner where any direction at that moment will satisfy you!  Isn’t it time that you pursue a future that can not only lead you to phenomenal financial success, but one that also allows you to spend more time enjoying life and positively shaping the future of your family, friends and society?


It is the desire of that you will start on a path (go only in the direction that will lead you to true success) today that will allow you to do just that—and more!


Financial Planning


The decision by you at this time to analyze your finances in a sincere manner can lead to you reaching your goals in a timely manner.


Financial Planning is a process that can benefit many, however very few actually “get out in front” of their finances in a proactive manner (before something bad happens or before they feel they are forced to do so) so that they can achieve more. asks that you take an introspective look at your past, your present and your future so that you can begin to seriously plan for the success that you desire.


Family Success


You can achieve your goals earlier and have a definite feel of what you can do at a particular time in your life (while you raise your kids) by creating a written plan of action at all of the major levels of your finances.


The ability for you to send your kids to private school, take yearly vacations, go on weekly family outings, reach your investment goals, reach your retirement goals and reach many other goals that are unique to what you and your family want to achieve—will come into clear focus once you write down and formalize the action that you need to take.


By writing down what you desire to occur you can put yourself in position to reach many of your goals and help actively raise your kids.  You will know with more certainty what you can do at particular points in your life!  You can help prepare your children for their college years and you can nurture them along the way with confidence because you will have the knowledge and practical understanding of what you can do on monthly, annual—and long-term basis!


Financial Success


Your ultimate financial success will depend on what you have done on a daily basis to prepare yourself and your family for the future that you desire.


By effectively creating a cash flow statement or budget, mastering your credit at a level that is the best that is within you and analyzing and addressing your finances in a comprehensive manner—you set yourself and your family up for the ultimate success that you desire.




You can go about your life without planning for your and your family’s future (or inadequately planning) or you can choose a comprehensive, intelligent, consistent and proactive approach that has the potential to help you see in clear terms what you can do at the various stages in your life.


By using your heart and mind to plan for your and your family’s future success you are embracing the thoughts that make you strong! 


You are positioning your mind for success on the front end and you are getting out in front of your finances in a way that will lead to true success.


In a nutshell you are making up your mind to give it your best and you are actively putting yourself in position to nurture your nest (helping to cultivate positive results for your family)!


All the best to your lifetime of success…


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Personal Credit Makeover & Wealth Building

Learn how a Personal Credit Makeover  can help you Build Wealth more efficiently…


Improving your credit in the current economy has been the goal of many over the past few years and particularly since the major market downturn of 2008.  Those of you who are in need of a credit makeover often wonder—exactly where do I start.


After hours of contemplation and re-arrangement in our last discussion in order to make the topic understandable to the largest number of people possible, will try to concisely explain how you can have a personal credit makeover that can position you and your family properly–so that you can experience wealth building throughout your lifetime in a more efficient manner.


As you pursue your personal credit makeover or start on a path to establishing and/or improving your credit—there are critical questions that you must ask yourself (and answer appropriately) prior to even getting started!


3 of the most critical questions that you must ask yourself are:


1)      What can I do about my current credit position?


2)      What am I going to do in regards to my current credit position?


3)      What do I desire to achieve and more importantly “how” will I go about achieving what I desire to achieve in my credit and financial life?


You must answer those questions in a careful, analytical, accurate and critical manner.  As you journey on your path to managing your credit in a more focused and highly beneficial manner you must ask yourself the following questions and come up with real solutions that must be catered to your unique goals and outcomes that you desire as you work diligently to improve your credit.


1)      What can I do about my current credit position?


It is important that you ask yourself that question and it is important that you have an appropriate answer to that question.  You must search out and find the best ways to achieve your goals—or you must find a way that will work for you—that will lead you toward making your dreams come true.


Do I have a blueprint in my mind of the steps that I can take to achieve in a more efficient and effective manner and improve my current credit position in a definite manner?  Now is the time for you to answer and address those questions in as a sincere manner as possible.


2)      What am I going to do in regards to my current credit position?


What are the concrete steps that you are going to take as a result of your credit education that you have attained throughout your lifetime and that you are mastering at this time?  Are you at a point in your life where you are determined to take consistent action in a sincere manner


Now is the time that you force your mind to answer this question honestly and then you must take the action (or inaction) that you have decided to take!  You cannot half-heartedly approach your personal credit makeover goal and you must realize that it is your consistency in action that will lead to you taking on another role!


3)      What do I desire to achieve and more importantly “how” will I go about achieving what I desire to achieve in my credit and financial life?


Do you want to improve your credit to a level that allows you to do what needs to be done to reach your goals?  If so, you must have a comprehensive plan that takes you toward your goals.  Once you reach your credit goals you must not stop—re-imagine your life and go about achieving at your highest level of excellence while you are here on earth.


You must have the preparation and knowledge that is needed so that you will know how (the steps that you need to take) you will go about improving your credit and building wealth more efficiently!




By creating a cash flow statement or budget—cutting expenses and living beneath your means for a limited time you can put yourself in position to pay off or pay down your debt and begin to make your money grow.  By thinking at a higher level on a daily basis and using your creativity—and this page—you can set yourself and your family up for a lifetime of success.


You don’t have to make first-time mistakes, you can learn from others how not to do it—you can learn from this site how to do it right and you can learn how to create systems and develop strategies that will take you toward your unique goals.  And always realize that hope is not a plan but it is a good starting point.  You must make it a point to consistently remain active and engaged as you pursue your goals!


You must always realize that after your credit makeover when you apply for a loan, lenders typically assign interest rates based on what bracket your score falls into.  If you plan on purchasing a car, home, insurance or even seeking new employment—many lenders are using credit scores as a “first look” to see how responsible you are.


You must also understand that the most widely used score comes from a company called FICO.  Your actual credit score will fall in a range from 300 to 850 based on the FICO weighting factors—and the higher your number, the better.


You want to aim for anything over 740 (is considered excellent) because it will qualify you for the best rates.  If your score is below 640, you’ll pay much higher rates on loans and credit cards, and some lenders will even deny you a loan.


Even a small drop in your credit score can make a big difference in what you’ll pay for credit in the current economy. If you have a score of 640 you could possibly get a 30-year mortgage at 4.3% at today’s rates; if your score was 730 you’d qualify for a loan at just 3.5%.


That’s over a thousand dollars a year less in interest, or over $30,000 over the life of your loan that you would pay!


Your credit score is generated based on the information in your credit report. The way your FICO score is calculated is not precisely known but the way in which FICO weigh the various factors are known:


35%    Negative information or payment history


30%   Utilization or amount owed


15%    Time or length of history


10%   Type of credit used


10%   Inquiries or new credit


After your mastery of the credit factors and this page, don’t forget that it is also very important that you not allow adversity  to destroy your commitment level and your determination to continue even when you face setbacks.  Faith and patience go hand in hand when you are facing adversity!  You also need a written plan of action that will take you to a place that you know you need to go—or that you want to go.


In the end it will be your faithpatience and a plan of action that you believe in that will take you to where you should be.


By knowing that you can get through any adversity that you face and realizing that better days lie ahead—you position your mind to take the necessary action that will lead you toward your goals!


You must always realize that you must confront your reality in order to change your reality.  You cannot go along in life hoping that things will change or going along with the flow (taking what life dishes out at you).  It is imperative that you at this time make the decision to confront what you need to confront and know that success lies in the horizon.


The bad decisions that you have made in your past and that you may make in your future must not deter you from taking action now.   By making the decision to give it your best in all that you do–you are setting your heart and mind up for making your dreams come true.


It is important that you understand that it is how you learn from your challenges and bounce back–knowing  that the success that you desire lies ahead if you continue to believe–and continue to achieve!


You must always know that you can get through adverse situations—just as you have done in past situations that looked bleak at a particular time in your life.


By doing so—you put your mind on a path to real success and you put your mind in a more “joyful mood” even while you travel through adverse situations.


All the best to your personal credit makeover and wealth building success…


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SEP-IRA versus SOLO 401k


Learn what the best choice is for your retirement future if you are a single employee at your company or you are a small company considering whether an SEP-IRA or a SOLO 401k is your best choice


If you operate a small company or you are a single person owner–you may be deciding among a number of retirement plans to stash away money for your retirement years.  Trying to decide the best option can be a daunting task for those who are new at facing retirement options or have recently opened a business for the first  time.


In this discussion will present ways that you can make this sometimes grueling decision—less grueling and help put you on a path to enjoying your retirement  in the manner that you desire and provide you with more clarity so that anxiety will not play a role in your life as you build wealth for yourself and your family.


It is the desire of that you will use this page as a guide so that you can experience joy on the inside that will lead to your retirement portfolio and your conscience experiencing a smoother ride!


Retirement Plan Options:


Depending on your line of work there could be many retirement options available to you.


Some of the more common include IRA’s (many versions), 401k’s, 403b’s, SIMPLE IRA Plans (Savings Incentive Match Plans for Employees), SEP Plans (Simplified Employee Pension), SARSEP Plans (Salary Reduction Simplified Employee Pension), Payroll Deduction IRAs, Thrift Plans, RRB Plan (Railroad retirement Benefits Plan), Traditional Pension such as Defined Benefit Plans, Money Purchase Plans, ESOPs (Employee Stock Ownership Plans), Government Plans, 457 Plans, 409A Non-qualified Deferred Compensation Plans and other profit sharing options.


If you desire a more in-depth understanding of the various retirement types or you feel that a SEP-IRA or a SOLO 401k is not right for you—consider going to the following links to learn more about the retirement account that may be a better choice for you. finance


If you are a small operator, depending on your yearly income—you could be choosing among a number of options but in the end the choice of which “Retirement Plan Option” is best for most and possibly you as well—normally comes down to the choice between an SEP-IRA versus SOLO 401k as they both allow you to maximize your contribution limits and control your investment options better than other plans.


However, as a practical matter it is important that you look at and  appropriately analyze all options available to you and not just base your decision on how you feel or think or based on what others are doing.


You must analyze all retirement options to see where you will benefit most from a revenue, savings, tax and goal oriented perspective.  After thorough analysis (and possible professional advice) you can select a retirement vehicle that serves your future goals and allow you to maximize your savings and tax advantages on an annual basis.




A SEP-IRA allows you to make contributions that are capped at 25% of your income after a reduction for self-employment taxes.  A SEP-IRA is used by those who have a small firm and solo entrepreneurs as well.


SEP IRA contributions for sole proprietors, on the other hand, are limited to 20% of your net self-employment income (business income minus half of your self-employment tax), up to a maximum contribution of $54,000 for 2017.


SEP Contribution Limits (including grandfathered SARSEPs) controls what an employer can contribute to an employee’s SEPIRA.  The amount cannot exceed the lesser of 25% of the employee’s compensation, or $53,000 (for 2015 and 2016, $54,000 for 2017).


Example: Lets say you are 52 years old and earned $60,000 in income after receiving your w-2 from your Limited Liability Corporation business in 2017.


Your total contributions would be capped at $15,000 for 2017!  


If you earned $144,000 your contributions would be capped at $36,000.


If you earned the maximum income for the year $270,000, your contributions to the SEP-IRA would be capped at $54,000.   The reason being that you have exceeded the contribution limit.


Can I make catch-up contributions to my SEP-IRA?


Because SEP IRA’s are funded by employer contributions only, catch up contributions  usually don’t apply because you as an owner (employer) would be making the contributions.


Catch-up contributions apply only to employee elective deferrals.


However, if you are permitted to make traditional IRA contributions to your SEP-IRA account, you may be able to make catch-up IRA contributions.


Compensation doesn’t include amounts deferred under a Section 125 cafeteria plan.


Compensation is limited to $270,000 in 2017 and $265,000 in 2015 and 2016.


SOLO 401k


A SOLO 401k allows you to stash away up to $18,000 in 2016 and 2017, or $24,000 in 2016 and 2017 if age 50 or over.


In addition, you can also use SOLO 401k’s to make ROTH 401k deferrals of after-tax money that you can withdraw tax free during your retirement years.


Solo 401(k), (also known as a Self Employed 401(k) or Individual 401(k)), is a 401(k) qualified retirement plan that was designed specifically for employers with no full-time employees other than the business owner(s) and their spouse(s).


A one-participant 401k also goes by other names, such as solo-k, Uni-k, one participant k and possibly other names as well as they are becoming more popular.


Although unknown by many in the general public a one-participant 401(k) has been around for a while (early 2000’s) and is basically a plan covering a business owner with no employees or just their spouse–and have the same rules and requirements of any 401(k) plan!


Contribution limits in a one-participant 401(k) plan


In a SOLO 401(k) plan the business owner (you) are both employee and employer.


You must always realize that contributions can be made to the plan in both capacities and you as the owner can contribute both:


  • Elective deferrals up to 100% of compensation (“earned income” in the case of a self-employed individual) up to the annual contribution limit of $18,000 in 2016 and 2017, or $24,000 in 2016 and 2017 if age 50 or over; plus


  • Employer non-elective contributions up to 25% of compensation as defined by the plan


For self-employed individuals:


Total contributions to a participant’s account, not counting catch-up contributions for those age 50 and over, cannot exceed $54,000 (for 2017; $53,000 for 2016)


Example: Lets say you are 52 years old and earned $60,000 in W-2 wages from your S Corporation in 2017.  You deferred $18,000 in regular elective deferrals plus $6,000 in catch-up contributions to the 401(k) plan.


Your business contributed 25% of your compensation to the plan, $15,000.


The total contributions to your plan for 2017  that would be allowed is $39,000 with your maximum contribution for the year being $60,000 “if” you earned $144,000 in 2017 ($144,000 * .25 plus $24,000).


This would be  the maximum that you could contribute to the plan for Tax Year 2017.


If you had income from other sources and you participated in another 401(k) plan–your deductions would not be allowed and you would have to take corrective action.  By reading this discussion you now know that your limits on elective deferrals are by person, not by plan–meaning once you reach the limit–that’s it!


In essence, you must consider “the limit” for “all elective deferrals that you makes during a year”–regardless of source to ensure that you don’t exceed the limits and have to take corrective action–that could get costly!


Contribution limits for self-employed individuals


You must make a special computation to figure the maximum amount of  non elective (25% of your earned income) and elective ($18,000 in 2016 and 2017, or $24,000 in 2016 and 2017 if age 50 or over) contributions that you can make for yourself.


When figuring the contribution, compensation is your “earned income,” which is defined as net earnings from self-employment after deducting both:


  • one-half of your self-employment tax, and


  • contributions for yourself.


Testing in a one-participant 401(k) plan


A business owner with no common-law employees doesn’t need to perform nondiscrimination testing for the plan, since there are no employees who could have received disparate benefits.


The no-testing advantage vanishes if the employer hires employees. No matter what the 401(k) plan is called by a plan provider, it must meet the rules of the Internal Revenue Code.


If you hire employees and they meet the plan eligibility requirements, you “must include them in the plan” and their elective deferrals will be subject to nondiscrimination testing (unless the 401(k) plan is a safe harbor plan or other plan exempt from testing).


A one-participant 401(k) plan is generally required to file an annual report on Form 5500-SF if it has $250,000 or more in assets at the end of the year.


If you are a one-participant plan with fewer assets you may be exempt from the annual filing requirement.


Alternatives to a one-participant SOLO 401(k) plan and SEP-IRA


Other possible plans for a single business owner that might work for you depending on your business revenue and future goals include:








With a SOLO 401k you could contribute up to $54,000 for 2017 with a $6,000 catch-up provision if you are over age 50 (maximum contribution $60,000).

If you desire to establish a SOLO 401k you can go to:


If you had annual income of $250,000 with a SEP-IRA you could contribute up to $54,000 for 2017.

If you desire to establish a SEP IRA you can go to:


Be sure to consider other factors as well such as your years in business, when you plan to exit, tax ramifications now–and in your future, setup fees and administration fees, your anticipated future income, company growth and other factors that may be unique to you or the business that you operate.


You can choose to use an SEP IRA or SOLO IRA  if you are a sole proprietor, LLC or Limited Liability Company, S Corporation and possibly other legal structures that meet the IRS guidelines.


As you might expect the SEP IRA was once cheaper to set up and administer, however  that has now changed as many brokerage companies offer low cost SOLO-IRA setup and administering.  In addition, you must look at more than just  setup costs and the administrative fees as those are just a small piece in the overall puzzle toward your retirement goals.


Always keep in mind that SEP IRA contributions for sole proprietors, on the other hand, are limited to 20% of your net self-employment income (business income minus half of your self-employment tax), up to a maximum contribution of $54,000 for 2017.


You may have more investment choices with a SEP IRA as opposed to a SOLO 401k.


With a SOLO 401k you have the 25% employer contribution amount (non-elective deferral) based on your income minus the self-employment taxes–plus the elective deferrals and catch-up provision that would allow you to save more annually than a SEP IRA generally–depending on your income.


With both plans you would have to pay taxes on withdrawals, however at that time you might be in a lower tax bracket.  Both plans allow you to use the power of compounding to help you reach your retirement number.


Early withdrawals or tapping into  the account by you will result in serious tax penalties and vary depending on your age, years of contributions and whether an exception may apply.


Investments and Withdrawals basically follow the same guidelines that the IRS has set for IRA’s and 401k’s in general!


If you know that you will come out of the gate making $150,000 the decision as to the best choice will be much clearer for you.  However, if you come out of the gates slow and steady with your income increasing steadily from a low amount such as $20,000 in year one–$40,000 in year two and a steady upward trend an IRA SEP may serve your best interests during your early years.


In the end “proper analysis” and not just going on what you hear or see others doing –or what you feel will work is the real key.  It is the hope of that this discussion has at least provided you a starting point toward making your retirement dreams come true.


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25% of compensation as defined by the plan

How to Make Your Home Sell



With the Home Buying Season in full swing thought that a helpful page that could help you prepare your home for the current market was in order.


In the end you must always remember that the right price, curb appeal, how your home smells along with what you (or your real estate agent) say about your home is critical if you desire to sell your home in a timely manner.




By pricing your home right–right from the start you help get your home sold faster and in a way that is more beneficial for all parties concerned.


It is important that you realize that the final listing (the price that you decide to sell with a real estate agent on the listing agreement) and selling price is your choice in the end.


However, if you decide to list too high—some real estate agents won’t take your listing because they know that the price is unrealistic and they know that an over-priced listing will have a negative effect on their reputation/brand and more importantly will not get you the sale that you desire.




It is important that you realize that the exterior of your home determines if many potential home buyers will even want to enter your home, therefore it is important that your exterior is in the best position possible because potential buyers form an opinion of the value of your home based on the exterior.


If the exterior is not up to par in a potential home buyers mindthey will feel that the inside has been neglected even if it appears that there has been no neglect.


The curb appeal of your home is the first impression that a home buyer gets and it is important that the first impression is a positive one.  Many real estate agents often preview a home prior to showing the home and in some cases just a drive by is donebecause they realize that if the curb appeal does not meet the standards of their buyer they won’t even enter the house.




The hard reality is that the smell of your home plays a larger role in successfully selling your home than most home sellers realize.  The “sense of smell” is very important to almost all buyers as it is a sense that goes to the brain immediately and affects the brain immediately (creates a positive or negative experience) in most potential home buyers mind.


Use one of the following scents to help neutralize odors in your home.  Multiple combinations don’t seem to work as well as just one scent based on experience that Realty 1 Strategic Advisors has had over the years while assisting home sellers.


Cinnamon or Cedar




Extract of Pine or Basil


Prior to putting your home on the market for sale be sure to:


  • Wash all bed covers and wash or dry-clean drapes


  • Clean windows and blinds thoroughly–replace if necessary


  • Clean bath and kitchen areas thoroughly–including sinks, tubs and trash compactors


  • Have the carpet and ventilation system cleaned or, if necessary, replaced


  • Mop hard-surface floors with a lightly scented or unscented cleaner mentioned above


  • Scrub the bathrooms top to bottom, again being careful to use lightly scented cleaners or to allow time for the room to air out prior to putting your home on the market


  • Store old shoes in plastic boxes with lids and store other items in storage if clutter is an issue in the presentation of your home to potential home buyers


  • Wash pet and pet bedding thoroughly


  • If possible, move pet items and litter boxes to a garage or other area that is away from the main living areas


  • Clean walls, baseboards and ceilings–paint if necessary but allow house to air out the paint smell prior to putting your home on the market


  • Clean ceiling fans, chandeliers and lighting fixtures



When you are trying to sell your home for the best price in the least amount of time you want to create an atmosphere that says to the potential buyer upon entry that the scent in the home is familiar but not too overbearing.


When preparing a home for sale, homeowners (you if you desire to sell at this time at the best price possible) need to remove or clean the sources of any bad smell– including trash, cooked food, dirty home appliances, clothing and shoes, pets, smoke and mold – even un-cleaned air vents can cause potential home buyers to frown.




By stating that you have a fenced backyard, a split floor plan, a master  bedroom on the main level, a split bedroom or floor plan on the main level, laminate or hardwood flooring, an updated kitchen, a finished basement, a home that is move in ready, a home that has recently had landscape improvements, a home with an open floor concept, a home that is single story with no steps, a home that has a natural daylight environment, a  home that has a kitchen foyer, a home that has stainless steel appliances, a home that has vaulted or high ceilings, and/or any other highly descriptive details that apply to your home that gives a potential home buyer a better mental picture of your home–that will “aid in the showing” and “ultimate selling” of your home in the current market.


Fenced yards, quartz counter-tops, and flooring with natural stone tile is very popular for homes priced 250 thousand dollars and up.  For luxury homes–golf course, gourmet kitchen, acres, two stories, custom built, ceramic tile, formal dining room, large kitchen, granite counter-tops, first floor etcetera are popular buzzwords that help homes sell at a more rapid pace.  However keep in mind that the higher end homes are taking longer to sell in most markets across the United States.


A highly skilled selling agent will help you craft powerful word combinations and phrases that can help you get your home sold faster and at top dollar.




Prior to putting your home on the market AT THE RIGHT PRICE AND CREATING AN INVITING ENVIRONMENT FROM THE OUTSIDE (CURB APPEAL)  take the time to clean out your home in a thorough manner.  If you are not up to the task pay a cleaning company–it could be money well spent as you will normally more than recoup the amount spent when your home is sold.


By cleaning your home thoroughly it will help permanently remove scents in your home that might be of concern to home buyers. 


In addition it is just plain good living to clean your home regularly so that you can avoid stale or undesirable odors that can linger in the air–however if you don’t clean regularly you may not realize that the odors are lingering!  When you decide to use a fragrance–use one that can help neutralize odors without being overbearing.  Furthermore, by cleaning your home on a regular basis you help maintain and/or improve your and your family’s health.


In addition be sure you are aware of environmental concerns both inside and outside of your home!


Always keep in mind that the sense of smell is the “strongest of all of our senses” and it is important that you get this often overlooked area of preparing your home for sale–right.  Don’t run away potential buyers by having a home with a bad odor.  Help ensure that buyers will connect with your home by having the “sense of a bad smell” removed from their list of objections to your home.


Be sure to change the filters in your ventilation, heating or air conditioning system prior to putting your home on the market to help avoid allowing a smell to circulate in your ventilation system. This will not only deter lingering smells throughout your house, but it will help keep those systems working better and longer.


Also, check air vents and wall outlets as an odor source, because there may be a rodent, pest or something else in the wall that might be causing your home to smell.  As an added step make sure your attic is neat and in good order–clean or repair if needed.   In addition take a thorough look at your roof from inside the attic with a high beam flashlight to ensure that there are no water leaks or other obvious damage.


A pre-listing home inspection might also be a worthwhile investment depending on your property and your level of upkeep during your ownership.


Finally, realize that by using powerful word combinations to market your home–you can possibly put yourself ahead of the competition in your market and that could be the decisive edge that you need to get the showing and ultimate sale at  a competitive price that allows you to pursue your other goals that you have after your successful selling of your home.


While you can’t do anything about other homes going on the market for sale this year–“you” can take the steps mentioned in this discussion to help your home sell in a more timely manner–and at top dollar.


All the best to your timely home selling success…



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Vision & Wealth Building

Learn how seeing your wealth building future with more clarity helps you achieve more…


Did you know that your vision of the NOW, your vision of the HOW, your vision of the THEN and your vision of the WHEN provides you more clarity and helps you direct your financial future at a very high level?


Although not in a blogging mood, was presented with this uncanny and unusual topic with the speed of a bolt of lightning and the vision of this page was made clear in a manner that had to act.


In a similar manner that the inspiration to create came—so too did the inspiration or vision to create this page on this day occur!


Your Vision of the Present or What You Can do NOW Must be Made Clear Inside of Your Mind


Your precise understanding of where you are now at financially is a critical element to you achieving more in a timely manner during your lifetime.  You must know your monthly inflow and outflow of cash and you must know at this time if you have excess income (discretionary income) to work toward your vision of the future that you desire for yourself and your family.


If you are currently spending more than you take in on a monthly basis that must be corrected and you must see yourself making the right decisions as it relates to the monthly management of your finances.


You must know your current credit position NOW—and make improvements or adjustments where and if necessary!  You must know your “money management style” and do what you can do “at this time” to improve your money management as best you can and in as “comprehensive a way” as possible.


Your Vision of HOW You Will Achieve What You Desire in Your Future Must be Made Clear Inside of Your Mind


You must have a clear vision of the “steps that you need to take” or you must know within your mind how you will achieve the goals that you desire.  Will you put a written plan in place that will provide you more direction?


Will you approach the steps that you need to take in a sincere manner—or are you just kidding yourself?   You must have a serious approach and you must know how you will move toward taking the steps that you need to take.


Your Vision of Accomplishment Sets You Up for the THEN so that You Can Pursue Other Goals or Visions that You May Have


Once you achieve your goal or vision that you saw—will you come up with more inspiring goals or continue to pursue other goals that you already had in mind and committed to writing?


Once you begin achieving the goals that you saw in your mind on a number of occasions you can get momentum on your side and use that momentum to achieve more in a more definite way.


By Seeing Your Present & What You Can Do NOW, Knowing HOW You Will Do What You Need to Do and THEN Accomplishing What You Saw In Your Mind You Will Know WHEN You Can Achieve a Number of Goals and Live Out Your Life in a More Comfortable Manner


By putting it all together within your mind (knowing what you can do now, knowing how you will do what you will do now and accomplishing what you set out to accomplish on a number of occasions) you can know WHEN you can start enjoying life in the manner that you envisioned.


That yearly vacation that you always dreamed of, that vacation home that always seemed to be beyond your reach, the payoff of all of your creditors that you once only dreamed of—or many other goals that are “uniquely” your own, can now be accomplished in a possibly reasonable and realistic time frame because you took a committed look at the HOW and NOW and the THEN and WHEN as it related to your financial future.




You have the ability to know WHEN you can start enjoying life on your terms if you put together a written plan for success that you formulate (or formulate with others) at this time.


Your clear vision of HOW you will achieve at a higher level will give you added clarity that can “take away the stress of managing your finances more effectively” throughout your lifetime—possible.


It is the desire of that this page has provided you with some clarity as to how you can jumpstart the management of your finances and achieve at your highest level of excellence.


All the best to your new VISION for Success…


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Timing & Wealth Building

Learn why your thought process, intelligently attacking your finances, obtaining the right knowledge and putting in the required effort is critical for your success at this TIME…


Your point of view “at this time” is more important than your opinion when it comes to “TIME” management and effectively building your wealth!


Did you know that how you look at or see your future at this TIME–in large part determines if what you see will materialize in your future?


In this discussion will discuss how your mental focus and thought process is critical for your future success.


It is important that you act on the future goals that you want to see in your life and it all starts with imagining that the future goals that you see will happen in “real time.”


How do you view your future at this TIME?


What are your daily Thoughts as it relates to your finances and your financial future?


Do you have an Intelligent view of the future for yourself and your family?


Do you have the Mental Working Knowledge that is needed to implement an effective plan of action on a consistent basis?


Are you willing to put in the required Effort at this time that can lead to more success for you and your family?


In the following paragraphs will show you ways that you can spend your TIME doing what can take you toward your future financial goals in a more timely and effective manner so that you can take control of your life and achieve at a higher level throughout your lifetime.






Mental Working Knowledge




The TIME is now for you to successfully change your habits for the better so that you and your family can achieve the dreams that you desire in any kind of weather (regardless of the season in your life).


You must plant seed (create powerful thoughts inside of your heart and mind), water (gain the preparation that is needed) and bear fruit (reach the powerful thoughts that you imagined inside of your heart and mind) in real time by taking the necessary action on a consistent basis!


Thoughts & Wealth Building


Your daily or constant thoughts are the birthplace for you to manage your credit and finances at a higher and more beneficial level.


You must think about how you can manage your credit and finances more effectively AND then put a written plan in place that will take you toward the goals that you have thought about.


You must have the preparation and knowledge of what you need to think about as it relates to your finances so that you can achieve the goals that you need—or desire to achieve.


Never underestimate the power of your daily thoughts and your dominant thoughts as they are the starting point for making something big happen—including building your wealth more efficiently.


Intelligence & Wealth Building


By intelligently looking at your wealth building goals on the front end (prior to making the wrong moves) you can proactively gain the knowledge that can make your wealth building efforts happen in a more stress free environment.  It is critical that you dream big—and have every intention on reaching that big dream!


The environment that you create within your mind will determine if you are in a fertile or a desert environment.  By planting in fertile soil at this time you are intelligently planting (whoops–planning)  your future and enhancing your likelihood of success throughout your life when it comes to wealth building.


Mental Working Knowledge & Wealth Building


Your thoughts and your ability to intelligently understand your vision of your financial future in clear terms at this time–serves no real purpose if you do not have a system that allows you to formulate your thoughts into written plans that you will follow diligently until you reach your and your family’s  goal(s).


You must put in action what you thought about in an intelligent manner.


That means excuses, worry, anxiety and fear must not be a part of your mindset.  By putting into action what you are moving to accomplish you put yourself on a more definite path as you build wealth.


Effort & Wealth Building


It is very important that you realize that it will take increased effort to reach your goals!


You must have the physical, spiritual and mental endurance and you must realize that adversity may occur—however you must respond to adversity in a manner that will still move you forward.




Your understanding of what you can do at this TIME means that you understand fully the importance of the following:


The role that the Thoughts that go through your mind on a daily basis have on your future outcomes–regardless of where you are from.


You know the importance of Intelligently attacking your finances and using “your imagination” in more creative ways–and in ways that can lead you toward success in a real way–starting today.


You know the necessity of why you must gain the Mental Working Knowledge that is needed that will allow you to achieve at a higher level and truly reach the higher end of the spectrum as far as applying what you know–so that you can achieve results that will show.


You realize that it will take increased Effort on your part–if you desire to achieve at your highest level of excellence and reach the goals that will serve your and your family’s best interest–and sincerely get you off on the right start.


It is important at this TIME that you manage your “TIME” in as an effective manner as possible.  You must not do like others who seek the easy way out, are lackadaisical or lazy toward the management of their finances and/or life, or show indifference toward their finances or think it is someone else’s responsibility to manage their finances.


All of the above “negative actions” operate against the effective management of your TIME and the ultimate success that you can attain during your lifetime and make reaching the “ultimate success” that you desire far more difficult than it should be.  It is critical that you fully understand that the “time” to begin “effectively managing” your finances—and time—will never be to your liking!

You must jump into the “personal management of your finances” at this TIME if you are one who seeks the easy way out, have been lazy toward your management of your finances, have or currently take an indifferent attitude toward the management of your finances—or you display any other negative quality as it relates to learning a more effective way of managing your finances.


If you are one who desire more success in your future you must obtain more of the right knowledge that will take you in the right direction and toward a more definite path toward success.


With the right mindset and an effective plan of action—along with your willingness to take the necessary action on a consistent basis you can work toward reaching your goals in a more timely manner and do what you enjoy doing on a daily basis–or doing what you were really put on earth to do.


All the best to making your TIMELY dreams come true…


Now that you know all of the above it is the desire of that you will take action and achieve success at a level that is your absolute best…


The TIME is now…


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2017 Home Buying Season Tips for Success

Learn how you can make your home purchase a more successful and enjoyable experience…


As the 2017 home buying season kicks in, thought that a helpful page to help those who are entering into the home buying arena for the first time was an appropriate topic of discussion that could help many aspiring homeowners make good decisions in the home buying process that could put the power of a home purchase in their hands—and not in the hands of creditors and others who have no real concern for their and their family’s future.


Where do I start in the home buying process?


As a potential homeowner your first step is to look within and determine if purchasing a home will serve your best interest on a number of fronts.


Do you know and understand your responsibilities as far as owning a home is concerned?


Are you ready to pay homeowner’s association fees, homeowners insurance, taxes, lawn maintenance, home upkeep and confront all of the potential emergency situations that may arise during your period of homeownership?


The above as well as other questions must be answered satisfactorily by you!


You can more readily determine your readiness for “your” home purchase from a mental and financial perspective by doing a pre and post home purchase analysis at this time to determine if you have the financial strength on a monthly and annual basis for homeownership that puts you in control—and keeps you in control!


You must know what to expect upfront in the home buying process…


You must know that there are a number of loan options available and you must know your housing ratio and your housing versus debt ratio on the front end to help you readily determine if you are financially capable of handling the home purchase and other debt that you will carry on a monthly basis.


You must know the importance of creating a properly funded emergency fund now or soon after your home purchase and you must know and understand fully why doing so protects you and your family from future financial risks—therefore helping to ensure that you significantly increase the odds that you can maintain and keep your home.


Types of Loans Available


It is important that you realize that home loans generally fall into two categories—Government Backed and Conventional. 


Government backed include FHA (3.5% down payment required by you or gift of same amount from someone else), VA (0% down payment but funding fee requirement that can be financed into the loan) and USDA (loan for rural areas in the United States).  Government backed FHA loans will generally have a MIP or mortgage insurance premium added to the monthly payment if you put less than a 20% down payment.


Conventional are issued by non-governmental companies (private loan companies, credit unions and large banks) and they come in many forms such as ARM or adjustable rate mortgage, fixed rate and many other creative options that are available depending on the company offering the loan.  Conventional loans will generally have a PMI or private mortgage insurance premium added to the monthly payment if you put less than a 20% down payment.


You must have working knowledge of the Home Buying Process…


You must know that you will have to bring an Earnest Money Deposit at the time of your offer contract to show your seriousness of intent to purchase your home (process varies from state to state so check with your agent) and it will be credited at closing toward your closing costs and/or purchase price if you ultimately purchase the property.  Always realize that closing costs and other special stipulations in your offer contract are negotiable between you and the seller, therefore you want to choose a competent real estate agent to represent your and your family’s  financial interests.


You will also have to perform a home inspection (generally costs several hundred dollars or more and includes HVAC, Plumbing, Roof, Water Heater and Structural Areas etc.), a termite inspection, a radon inspection, a lead-based paint inspection (for homes built prior to 1978) and possibly other inspections depending on the community in which you purchase your first home.


If the home that you are considering for purchase needs renovation–you may be able to use an FHA 203K Renovation Loan or a Fannie Mae Renovation Loan to make your purchase and repairs more manageable!


In addition be sure to budget for appliance repair and/or replacement and consider a home warranty.


Be sure that you are aware of environmental concerns in the area that you are considering for your home purchase.  You may also need to do additional inspections at additional cost such as pool system, or other inspections based on the features of the home and property.


In addition, your property must appraise for the purchase price, otherwise you may have to bring additional cash to closing or re-negotiate the terms of settlement.


Your lender will also require that Title Insurance is purchased for their protection and you want to be sure to purchase a policy for yourself and your family’s protection as well.   By doing so you reduce your risk of losing the property due to issues in the “chain of title” up to policy limits on the contract.  You also want to properly title your property with the right deed typebased on what is best for your and your family’s  future goals.


Depending on your state, the above fees and possibly other fees—will be paid at closing or paid outside of closing (POC) and you must budget for them or negotiate them appropriately on your home purchase contract.


In addition be sure to seriously consider getting a one year home warranty that covers many of the items mentioned above.  You can start by trying to negotiate for the seller or your real estate agent to pay for the one year home warranty coverage.  If unsuccessful with those options consider purchasing a one year home warranty policy yourself to protect yourself and your family for the first year of ownership.


A properly funded emergency fund—in combination with the one year home warranty will help ensure a more pleasurable home ownership experience for you and your family.


In addition, if major systems such as HVAC, Water Heater, Appliances etcetera are more than 10 years old consider having them replaced or at least properly serviced prior to closing–and doing one and/or both can be negotiated in the contract (purchase price might increase but you would have more peace of mind by having a new system or possibly know the remaining life if the system has been recently serviced).


Lease Purchase Option


With many consumers suffering from poor credit as a result of the massive financial downturn in 2008 and subsequent years many consumers are now pursuing other creative options to purchase their first home or rebound after the loss of a home they once owned or had a mortgage loan on.


A lease option or rent to own allows someone with poor credit the option to purchase a home in the future (usually 12 to 24 months into the future) at an agreed upon price.


The 12 to 24 month period is usually allowed to give the purchaser time to improve their credit so they can get a loan—or get a loan at a better rate.   In many instances the property can be titled and deeded in the name of the person(s) who is leasing to own and the purchaser (and all parties involved) signs off at closing that they have the option to purchase if done so within the period outlined in the closing documents at an agreed upon price.  If you exercise the lease purchase option in the future the property will then be fully titled and transferred in your name(s).


In addition, a lease option can take on many other forms and variations.  It is you (the person who enters into a lease purchase option) who must weigh the pros and cons if you sincerely pursue this homeownership option.


Although believes that an intelligent, consistent and proactive approach in which you get your credit and finances in order on the front end is more appropriate, a lease with option to purchase may be appropriate for some.  Be sure to make it a win-win situation for all parties involved or at the very least—a winning situation for you and your family by doing your due diligence about lease purchases on the front end.




Your successful home purchase begins with you determining that the home purchase that you are considering is really what you want, knowing the costs associated with your home purchase and home ownership (maintenance), knowing that you purchased in a stable and appreciating (although no way to know for certain due to forces outside of your control) area, knowing that the amenities that you desire are in close proximity, knowing about environmental concerns near and around the home that you are considering for purchase—and any other factor(s) that may be of concern for you and your family.


Also realize that a cash purchase and other creative ways to purchase your home is always an option.  What has been presented in this discussion is the “most common and effective ways” that you can purchase your home that allows you to use the tax code and a low down-payment to possibly build wealth.


Those (Mortgage Lenders) who originate, process and underwrite your loan for your home purchase mainly want to see that you are willing to pay based on your credit profile—and you have the ability to pay based on your current income!


You can determine if you meet both tests yourself—upfront by creating a monthly cash flow statement at a minimum and having a mastery of your credit at this time.


By knowing your monthly income and housing ratios as it relates to your home purchase and having a working knowledge of your credit and credit score you will put yourself well ahead of most 1st time home buyers—or any home buyer.


By knowing that you will have to put up earnest money, come up with a down payment and pay costs both inside and outside of closing (i.e. home inspection, insurance, have 3 to 4 months of escrow or your monthly housing payment in your bank account at or after closing etc.) you set your mind up for what is expected and you help reduce your stress levels now and in your future—significantly.


The closing process time frame involving lenders from the time of your application to closing is normally 30 days (short end of spectrum) up to 60 days (long end of spectrum) and will vary based on the lender and the type of loan that you select.


You will also have a 3 Day Review Period after you see your settlement or closing cost totals and you can use that period to challenge what you don’t like and/or get additional clarification.


You can also use a proactive approach to compare loans when loan shopping as well.  In addition,  you must realize that a home loan pre-approval gives you more negotiating power than a home loan pre-qualification in most cases.


Also be aware of your due diligence period and any special stipulations in the contract.  Once the contract is accepted and you meet the lending criteria and inspection contingency there may be no turning back.  Always have an approach to learning that gives you the clarity that you need to succeed prior to engagement–thereby turning the tide on who is most prepared!  Be sure to use the glossary of finance and real estate terms to enhance your understanding of this page, real estate and personal finance in general.


It is imperative that you fully understand–or overstand (this cannot be misunderstood by you) upfront that if you see the house that you want and you are eligible for financing and the inspection contingency is met along with all of the other stipulations that are spelled out–closing must proceed–otherwise there will be major consequences as a result of not closing for any reason that is not explicitly spelled out in the contract.


Down Payment, closing costs, taxes, insurance and other settlement related fees can push closing and other related costs in the 3% to 5% range (or possibly higher) of the purchase price depending on your state and local jurisdiction, how you (or your agent) negotiate closing costs and the type of loan that you choose.


Always remember that even though closing costs are negotiable you as the purchaser want to be in the driver’s seat–meaning you want to make the first gesture at the time of the offer contract as to what percentage you are willing to pay.


Also realize that many lenders use a 12 month bank statement for VOR or Verification of Rent in the underwriting process instead of relying on a statement from your leasing office stating that you have paid your lease in a timely manner during your lease period.  You can thank the financial turmoil of the past decade for this and other home loan tightening guidelines as it relates to your home purchase.


After your loan is underwritten and closing occurs your lender will wire the funds at closing to the seller and/or attorney depending on your state (and/or mortgage company if an outstanding loan exists) and you will be expected to bring the down payment amount along with settlement fees (bank certified check or what form of payment is customary in your state) that you agreed to (minus your earnest money deposit that you put up in the offer contract) to the closing–plus a small cushion that will generally be refunded to you in most states.


If all of the above goes smoothly—the keys to entry, closing documents along with your new home will be your responsibility and you will be in position to enjoy your new home.  Your home purchase will be recorded at the local, county and/or  state level depending on your jurisdiction letting the world know that you are on your way toward true ownership (ownership without owing anyone) with each payment that you make!


It is the desire of that you will take a sincere approach and apply what you now know–to achieve results that will truly show…


All the best to your home purchase success…




Other Helpful Calculators…


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College Graduates & Credit Building

Learn why “College Graduates” should “Build their Credit ” in as effective a manner as possible…


With the high school and college graduation season kicking into full bloom the creator of thought that a helpful page to get students who are transitioning from the educational world to the working world a real opportunity to attain success in the management of their credit and finances—was a timely topic to focus on.


In this discussion will present helpful tips and actions that those who are—or will soon be entering into the employment community can do to manage their credit and finances more effectively.


Set Up a Financial Management System


As a new entry into the workplace you must have a financial management system starting with setting up your own checking and savings account if you have not done so already.  You must not overdraw your account by writing checks or spending in a random fashion without knowing your account balances.


You must establish an emergency fund early in your life stage so that you can put yourself in position to manage your credit and finances optimally throughout your lifetime.


You must also get a credit file started  (or continue to improve your current file) if you  anticipate the need to effectively utilize credit now or  in your future.  Establish several credit cards in your own name and/or get added to a card or two on your parents credit card account(s) and within six months or so you will begin generating a credit file.


An auto loan could also help start the process of building your credit file.  Hopefully you graduated without student loan debt, however if you were unable to avoid that debt—that too could help you generate a credit file and help you establish or manage your credit more effectively.


Be sure to use your credit cards responsibly and pay off the balance in a timely manner…


You don’t want to over extend on your credit card usage or have too many credit cards.   The right number depends on your future goals, your current cash flow position and how effectively you manage your credit—and overall finances!


You must have a system (and personality) that allows you to pay off your debt (monthly bills) in a timely and consistent manner.


Whether you set up bill pay or you decide to pay by written checks (or if you do a combination like does) you must know your monthly and annual inflow and outflow of cash.  By knowing this information you can quickly determine if you need to cut expenses, get more income—or do a combination of the two.  In addition, you want to get into a habit of “periodically obtaining a copy of your credit file” to verify the accuracy and see where and if you can make improvements.


How to Order a Credit Report


You may order your credit reports at no cost once per year from the three major credit reporting agencies by going to


In order to see your entire credit history,  you should review the records from “each” of the major credit bureaus or agencies:


Transunion—West and Midwest focus originally but nationwide now

Equifax—South and Eastern focus originally but nationwide now

Experian—Western and Southwestern focus originally but nationwide now


If you live in Los Angeles, Transunion and/or Experian may have a more complete file on you while Equifax  may be missing several accounts that you may have.   If you live in Atlanta, Equifax may have a more complete file on you while Transunion and Experian may be missing several accounts that you may have.


In some cases all three credit agencies may have the same number and type of creditor(s) on file…


However, the only way for you to know “with certainty” is to pull your own file from “each” of the credit agencies!


Don’t do like many who currently manage their credit do–fail to have a consistent plan of action–and more importantly “fail to implement” a consistent plan of action when they do have an effective plan at their disposal.  You want to start off your credit building and life–by displaying the best qualities possible as you pursue your goals.


By reviewing your records from “each” of the major credit bureaus or agencies you get a better CAMERA shot of your overall credit profile.


Get the picture…


Again you can go to to get your file from all three credit agencies.  You can go to to obtain your actual credit score for a stated fee.


Always remember that you are also entitled to a free copy of your credit report within 60 days after being turned down for credit, employment, or insurance because of information supplied by TransUnion, Equifax or Experian.


What to Look for in Your Credit Report


You want to verify that your personal and credit information is correct! 


If errors are discovered you want to immediately report them in writing or do an online dispute to the agency in which you see the error(s).  After that follow up to ensure that the requested action was done by the credit agency  or agencies that you found the errors on.




You want to “enter the workplace” with the knowledge of what you need to do to manage your credit and finances in a proactive manner.  By focusing in at the earliest point in your “life stage” you can get a real jump on effectively managing your credit and finances in a manner that serves your best interest.


You will be in better position for your home purchase, your gym membership, the auto purchase of your dream, the vacation(s) of your dream(s), buying the latest technology products, saving for retirement, weekly entertainment and pursuing and achieving many other goals that will come along as you move along in life.


It is the desire of that you will take a serious look at your future at this time and decide to use a more intelligent, consistent and proactive approach as you journey towards your destiny or purpose for being while here on planet earth.


Congratulations on your graduate success…

Now is the time that you give it your best–since you have just passed your final test…


Use what you have learned in this discussion to forge a great future ahead…

By graduating this year knows that you are well read…


Go out into the world and change it for the better…

You now possess the tools that are necessary for doing so in any kind of weather…


All the best to your credit building and life success…


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Credit Management & Wealth Building

Learn why now is the time to take a fresh new look at your “credit management” from a different CAMERA lens…


Did you know that Credit Management is a vital step when it comes to Wealth Building?


Did you also know that effective credit management is a major part of reaching your overall financial and wealth building goals?


In this discussion will present what is significant as you embark on managing your credit and show you proven ways that you could possibly manage your credit better in the current economy.


A change in your attitude or a change in your money management personality can lead to a change in your financial behavior and take you toward your goals in a more effective and efficient manner.


You must expect success  and you must take the necessary action to attain that success whether it be managing your credit—or finances!


You can ENHANCE your future credit outcomes by seeing your future goals with more clarity and by “taking a picture” of your future with the right CAMERA lens.




You must realize that you have control over your daily habits and you can change them for the better if you make a serious commitment to do so.  You control the amount of borrowing that you do, the number of creditors that you decide to engage with and many other factors related to your credit management.


You must leave excuses behind and start where you now are.  If you are new to credit you can learn how to do it right.  If you are not new to credit but would like more empowering tools to help you manage your credit more wisely—you too are on the right page.


Determine where you now are—credit wise—TODAY!  Put yourself in control—as that is the best WAY!




Your wise management of your credit and  debt management activity is critical for your future success.  It is critical that you effectively utilize personal financial statements so that you can gain the added clarity and realistic expectations that are needed to take you where you desire to go.  It is “you” who must take action if you desire to manage your credit effectively throughout your lifetime.


You must activate debt management strategies that are proven and will get you the results that you desire.




You must effectively monitor your debt payoff and debt pay-down efforts and make improvements and adjustments when necessary.  Whether you meet with a financial advisor or you manage your credit yourself you must have an effective and foolproof monitoring system that allows you to stay on track—or get back on track when your situation calls for that.


You may have to pull your credit report at designated intervals, use “credit resources” appropriately and challenge mistakes and errors on your credit reports and have them corrected—depending on where you now are.


Expect Success


You must have a thorough understanding of the Wealth Building Basics and you must have a positive mental attitude while you manage your credit and finances!


You must have the mental focus and clarity of vision so that you can achieve your goal(s) with precision.


By expecting success you open up your mind to more creative ways of reaching the success that you see—thereby increasing your odds of reaching “your destiny” or who you were truly meant to be.


Realistic Expectations


You must have a working knowledge of the 5 credit factors and know that a low score generally means you are irresponsible in your credit management while a high score generally means you have been responsible in your use of credit.


You must realize that once you get your first loan or credit card (or possibly added to another account as an authorized user) the clock starts as far as your credit management career goes.  After 6 months of activity your FICO score will be calculated—generally speaking.


By knowing and applying the “5 credit factors” you can control your outcomes (your FICO score) and get a “realistic picture” of how you will effectively manage your credit throughout your lifetime.




Your attitude or how you see your future (including your financial future) and how you see and interact with others (including how you interact with your finances) is critical for your future success.  It is important that you have the right mindset as you manage your credit as by doing so you create the right environment for credit success and life success.


Take a picture of “your attitude” at this time and put in concerted effort (work) to move toward a better picture angle (a better personality and attitude) that exudes success in all that you do!




Don’t be financially limited during your lifetime if you have a need or desire to utilize credit.


By looking at your future through “the right” CAMERA lens you can put yourself in position to manage your credit wisely throughout your lifetime and you can also put yourself in position to help others improve their credit as well.





Expect Success

Realistic Expectations



Doing all of the above as it relates to “your” CREDIT MANAGEMENT future will put you on a serious path to success in all areas of your finances throughout your lifetime.


Your retirement goals can be attained, your membership at your favorite fitness center can be achieved, your funding for your kids or grand-kids college tuition can be attained, your yearly vacation to the destination of “your” choice can be attained, that home purchase that you desire can be attained, however it all starts (or continues) with your effective management of your finances–including your credit management!


Effective credit management depends on you taking the time now to master the 5 credit factors so that you can achieve your goals throughout your lifetime.


You must optimally manage your monthly cash flow and make good choices by determining now whether you want to appropriately spend, appropriately save and appropriately manage (or consciously or sub-consciously inappropriately mismanage) your disposable and discretionary cash flow.


You can also take your credit knowledge as high as you want to by visiting “All About Credit” and really put yourself and your family in position for major success.  You can now choose how high—or low you want to take your credit knowledge—and your application of that knowledge!


Once you get your credit to where you desire that it be, effective management is rather easy as long as you pay on time and you keep your usage under 10%.  At that point you could look into reward cards and other perks that are offered by credit card issuers. 


A properly funded emergency fund will help ensure that you are in position “throughout your lifetime” to effectively keep your credit card debt at a minimal (or manageable) level.  In life, unexpected turns often occur when you are least prepared.  A properly funded emergency fund will put you in better position for success as you strive to give it your best!


This page and the links on this page will provide you with what you need to effectively manage your credit throughout your lifetime.


However, it is up to you to apply and take the necessary action on a consistent basis so that you can optimize your credit score and manage your credit in real time at a very high level.


All the best to your credit management success…


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