Paula's Ebook

Format and compose an Ebook from my notes around budgeting and managing money. I'd like the book to be easy to read and include a story line to encourage readers to follow the 'how to' in managing their expenses.? The book will need to have my web address embeded too. ## Deliverables Ideas I have already for the book.? Wording must be changed per copyright No. 2 above. * Book must be in an easy to follow format and language * easy to read * educational * include stories or follow a story line to allow learning * light hearted approach * at 16 pages or more * follow latest trend in market place * cover concerns? that the? public are currently experiencing (economic downturn) **Send me a draft? and/or summary of what you propose? so I can preview to make sure we are thinking along the same lines before I confirm the job** Tips to manage your finances and become and debt free ? ? TRACKING ??" the first law of prosperity ? You have to be able to count it or measure it if you want to manage it. How can you tell if you are winning or losing if you don’t keep score? ? Doesn’t it make sense that financial principles that are absolutely essential for the success and survival of any business are of equal value in managing the finances of private individuals and families? ? The simple process of tracking expenses will help find extra money you didn’t you existed. ? That which we focus on a daily basis becomes easy or automatic. It’s not that the nature of the task that becomes easier, but your ability to handle it that increases. ? If you spend a little time every day doing fundamental stuff, like recording expenditures, you’ll find yourself on automatic pilot and in control, when the tough problems come along.? ? Your ability to handle big financial problems increases as you expend daily effort on fundamentals. ? ? ? TARGETING ??" second law of prosperity ? Setting targets or goals ? A goal that is not written down is just a wish ? The power is in setting the goal, then developing a plan to achieve it. ? In the absence of clearly defined goals, we are forced to concentrate on activity and ultimately become enslaved by it. ? Goals must be Written Goals must be Your own Goals must be Positive Goals must be Measurable and specific Goals must be Stated in the most visible terms available Goals must be Contain a deadline Goals must be Contain personality changes Goals must be Realistic and obtainable ? You must first set goals to become, before you set goals to have. ? Goals work better if they contain benefits and rewards. ? Financial goals: Goal - $ amount ??" target date ? ? ? Writing your goals down is the key.? There is a magic that mobilises the brain when we set a goal on paper.? In simple physics (which has nothing to do with the magic) when you write down a goal, it makes its first step into the physical plane.? Before this time, your goal has existed purely in the esoteric thought patterns that rattle around inside your head.? Consequently, writing down your goals is one of the most basic secrets of success, whether you like it or not.? TRIMMING third law of prosperity ? In order for your goals to become a reality, you need a plan to follow in achieving them. Live on less than you earn so you can have a surplus to get you out of debt and invest in assets that appreciate. ? The key to living on less than you earn is to pay yourself first, as soon as you get paid, and then live on what is left over. ? During the early part of your financial program, when you are paying off debts, it may not seem that you are paying yourself first and after all, the excess money is going to creditors and you will never see it again. ? You must look at accelerated debt payments as a process to prevent future interest burdens.? The best way is to pay yourself first. ? As a general rule, the interest you pay when you are in debt is higher than the interest you will earn when you are out of debt and investing. ? * Destroy and close credit and charge card accounts. * Stop buying things that you can’t pay with cash ? Trimming is not the end to spending ??" it is redirecting the way you spend. ? Apply the laws of prosperity and become a ‘power spender’ realizing the most efficient use of your money in achieving your financial goals. ? Trim living expenses to 90% ? ….. work out how much quicker financial goals could be achieved (realized), the idea of cutting living expenses even more would be attractive. ? Look at the amount you are saving not as a sacrifice, but as a payment to yourself to help achieve your most desired financial goals. Pay yourself first then live on what’s left. ? TRAINING ? Success happens when preparation meets opportunity. If you don’t prepare you will never be able to seize those wonderful investment opportunities that present themselves every day in the stock market and in the world of real estate. ? ? ? ? ? Success happens when preparation meets opportunity ? If you don’t prepare, you’ll never be able to seize those wonderful investment opportunities. ? 1. TRACK your daily expenses by writing them down 2. TARGET your realistic financial goals, write them down and imprint them in your internal computer, or goal book 3. TRIM your living expenses so you live on less than you earn, then spend the difference to get out of debt and buy assets that appreciate.? Pay yourself first. 4. TRAIN.? Discover the power of compound interest.? Learn investment strategies for stocks, securities and/or real estate.? Develop a long-term relationship with financial advisor. ? ? ? ? We are talking about change, a long-term change, developing a different way to look at money, changing the way I thought and acted in money matters, setting financial goals with more emphasis on debe elimination and savings as opposed to getting more things. ? ? We need to change the way we acquire and keep track of our money ? Most os us need to change the way we budget so we can live on less than we earn ? Most of us need to change the way we spend, with more emphasis on things that increase in value ? Many of us carry a lot of emotional baggage which makes these attitudes and behavior changes especially difficult.? We’ve inherited attitudes and behavior patterns from our parents.? If Mum and Dad kept their financial papers in a box under the bed, we tend to do the same.? If Mum grew up in the depression watching her mother hide money in a coffee can, she will probably do it too.? If Dad bought whatever toy he wanted using the “I deserve this?? rationale, the son will probably become a spendthrift too. ? ?