Be Your Own Board of Directors. To make good decisions, you must know what you’re trying to achieve. In business, Board of Directors write mission statements to keep the company on track with goals. At home, it’s up to you to define your mission and make sure you’re fulfilling it by writing down your goals. Not just your financial goals either, but your “life” goals.
Apply for a secured Visa or MasterCard. A secured credit is secured against a savings account. Usually, the credit limit is based on the amount of the deposit. Make certain that the credit card company reports to all three credit reporting agencies. Equifax, Experian and Transunion.
Obtain a secured card if you can. This is a service that some banks offer now. Your present or past credit standing does not matter when applying for this because you will be depositing funds in the bank to secure the credit line on the card that is issued. When you obtain a credit card you should ensure that it’s not listed as a secured card to the credit bureaus as this can be very unhealthy to your credit.
This sounds too simple, but it really is the basis of all time-management systems. Your to-do list can be electronic, on fancy paper, bound in a notebook or loose-leaf. The key is to have everything you want to accomplish on one list. My to-do list might have a one-line item on it, such as “write company annnual report,” which refers me to a much larger file or even a file box on that item.
The above strategies are one of many. But, remember, it will take time, patience, and hard work on your part. However, life after bankruptcy can be enjoyable, if you control your future credit decisions and not let them control you.
It’s not unusual have a compelling case study rewritten into a press release, magazine article, ezine article or used in Annual Report Printers. You can send it in emails or link to it on your site. It truly is a great start to a marketing campaign. Use them to send with fund raising letters as an insert. Hand them out at meetings and gatherings. Provide them to volunteers and recruiters.
And it’s clear from the context in the book that The Motley Fool assumes that good stocks are simply those that go up in price. So at bottom, The Motley Fool advocate that put your money into investments that may not return you any money until you sell.
You need to treat your money like you treat your business. Give it the time it deserves, because in the end the time you spend is really an investment in yourself and your dreams.