GET YOUR HOUSE IN ORDER

By
Real Estate Agent with Precision Real Estate Inc. SA535849000

Everyone one I know including myself is cutting back both in business and personal budgets to overcome this dip in the economy. There is nothing wrong on reevaluating the budget here and there to save money. I am glad that people are going back to basics. I know many people that were using their house as an ATM machine. That was wrong. Here are my personal tips on money management

  1. Overall Snapshot of my Financial Picture right now
  2. Obtain a second quote on all of my insurances from insurance broker
  3. Do not count on that bonus this year
  4. Take better control of one's money
  5. No more impluse buying
  6. Pay cash no credit whenever possible
  7. Obtain a copy of ones credit report to check for mistakes
  8. Put money away for retirement
  9. Purchase rental house for retirement
  10. Put away money for college costs

I just wanted to share what I am doing in my own life. What are you doing in your life to adapt to this market?

 

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Make the Call, Set the Plan, Do the Deal$!

Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities.  The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona.  You can listent to past shows, or stream on-line.

 

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Topic:
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buy home in phoenix

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Show All Comments
Rainmaker
721,783
Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota Real Estate Expert

I tend to circulate money and not be tight. But thats what most are doing. It is important to know your budget and spend with wisdom.

Jun 12, 2009 12:12 PM #1
Rainmaker
370,723
Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL

All of these ideas seem great they should prove great for us to survive in these economy.

Jun 12, 2009 12:13 PM #2
Ambassador
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Harry F. D'Elia
Precision Real Estate Inc. - Phoenix, AZ
Investor , Mentor, CSSN, Radio Coach, REOs, ABR

We need to work together to weather the storm. Great and thanks for comments

Jun 12, 2009 12:15 PM #3
Rainmaker
92,937
Tina Allen
Exit Realty Tri-County - Mount Dora, FL

What a wonderful little summary of what we need to think about in these trying times.

Jun 12, 2009 12:21 PM #4
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1,010,252
Harry F. D'Elia
Precision Real Estate Inc. - Phoenix, AZ
Investor , Mentor, CSSN, Radio Coach, REOs, ABR

Great input Tina-keep it up

Jun 12, 2009 12:24 PM #5
Rainer
27,414
yanni raz
hml investments - Sherman Oaks, CA

look, we all adjusting our selves to the new world and the new market, specialy real estate agents because of the down market.

I changed all my marketing strategy and I hope you did to as well as many other agents out there.

Good Luck
http://homesinsale.com

 

Jun 12, 2009 12:38 PM #6
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Harry F. D'Elia
Precision Real Estate Inc. - Phoenix, AZ
Investor , Mentor, CSSN, Radio Coach, REOs, ABR

Change is constant. Great input thanks

Jun 12, 2009 01:09 PM #7
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Harry F. D'Elia

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