Do You Plan to Prosper ?

By
Real Estate Agent with Keller Williams 414-525-0563

pot of gold   Since before we were married....now seemingly a lifetime ago....we have had regular "financial meetings" at our house. When you are self employed...that would seem like a requirement for not only healthy finances but a healthy relationship.  It always seems that one person is in charge of the household money...paying bills.  For us, that is true is well...some on line and some snail mail depending upon the ease and experience of the transaction. Early on when paying on line was a "new thing" there was more confusion that corect....and things got misapplied..this seems to be less and less the case and more savings on postage and check printing.check book

    Working with short sales we know that all the plans in the world won't change a job loss, cancer diagnosis, divorce, death of a primary wage earner...the rainy day, the special emergency fund empties before life turns around and sometimes, a short sale an be the best remedy for a fresh financial start....but I digress.

    We don't pretend to be financial planners...we have people that do the really "big investing". What we do is analyze our marketing plan and sales forecast....and determine our financial obligations and priorities.  We know what our monthly expenses are and when payments are due.  We also have a list of things that relate to the house....improvements...the honey do list,...what the fund looks like for car replacement...new ___________name that thing...inside and out...business and pleasure...computers, vacations, energy efficient research for additions... These days with great interest rates, you may elect to change your 30 year mortgage to a 15 year mortgage...do the numbers....see what's best for you.piggy bank

    The best surprise is no surprise financially....where can you save...open your mind to other possibiities instead of the same old thing that may not be as effective or efficient...install the low flow toliets....attach a rain barrel for the environment...prioritize the honey do list....and make sure you have some fun along the way....celebrate your successes ...we used to that with cheap bottles of champagne when we were newlyweds...Plan the victory party for your financial successes...keep your eye on your goals and revise your plans to meet them....Every best wish for your plans to Prosper ..!

Posted by

Sally K. & David L. Hanson, ABR, CDPE, CSS, e-Pro,ILHM, REDS

Sally K. & David L. Hanson  

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the clip to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Lending / Financial
Tags:
financial planning
prosperity
managing finances

Comments 16 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the world to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainer
239,935
Michele Miller ~ REALTOR®, LMC, HSE, CHS
"Your Full Service Professionals"
Keller Williams Greater Worcester

Sally and David,

Great blog! Make sense to me!

September 01, 2010 06:23 AM
Rainmaker
1,842,153
Gita Bantwal
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
RE/MAX Centre Realtors

Great advice to have regular meetings to discuss finances. Thanks for the post.

September 01, 2010 06:24 AM
Rainmaker
1,341,674
Sally K. & David L. Hanson
WI Realtors - Luxury - Short Sale - CDPE, REDS
Keller Williams 414-525-0563

 Good sense makes more Cents...!

September 01, 2010 06:36 AM
Ambassador
1,276,423
Loreena Yeo
Realtor® | Frisco TX Community Ambassador
3:16 team REALTY ~ Locally-owned Frisco TX Real Estate Co.

My husband and I do sit in monthly meetings to plan out our personal budgets every month. We do plan to prosper. Over the years, what we realized we both want is simplicity. We have over complicated things in the past but now we strive for making our lives align with our priorities, wants and needs.

September 01, 2010 07:14 AM
Rainmaker
1,341,674
Sally K. & David L. Hanson
WI Realtors - Luxury - Short Sale - CDPE, REDS
Keller Williams 414-525-0563

Good for you Loreena...it's easy to get caught up in the "too much stuff" mode....our new theme is energy efficiency and we challenge each other to find and research ways we can become "greener."  Best wishes...

September 01, 2010 07:18 AM
Rainmaker
1,330,536
Kristin Johnston, Waukesha Realtor 414-254-6647
Waukesha County Realtor, RE/MAX Buyer Agent
RE/MAX Realty Center

Sally, I love your comment above....we too have done alot more green stuff over the last 2 years and really feel good about those changes...I must confess, we don't have a budget per se, but we always have lived well within our means and are smart that way...love the post!

September 01, 2010 08:07 AM
Ambassador
1,452,566
Michael Thornton
Home Inspector - Nashville, TN area - 615.661.0297
Complete Home Inspections, Inc.

Yes, I do plan to prosper... 

September 01, 2010 08:20 AM
Rainmaker
1,341,674
Sally K. & David L. Hanson
WI Realtors - Luxury - Short Sale - CDPE, REDS
Keller Williams 414-525-0563

You bet you two...not just plan it...do it..!

September 01, 2010 08:36 AM
Rainmaker
1,217,094
Jay Markanich
Home Inspector - servicing all Northern Virginia
Jay Markanich Real Estate Inspections, LLC

You all have waxed very philosophical lately!!

September 01, 2010 09:49 PM
Rainmaker
1,341,674
Sally K. & David L. Hanson
WI Realtors - Luxury - Short Sale - CDPE, REDS
Keller Williams 414-525-0563

wax is best thing of late....older and wiser ?

September 01, 2010 09:54 PM
Rainmaker
1,217,094
Jay Markanich
Home Inspector - servicing all Northern Virginia
Jay Markanich Real Estate Inspections, LLC

Depends on what is getting waxed...

September 01, 2010 09:56 PM
Rainmaker
631,848
Dawn A Fabiszak
The Dawn of a New Real Estate Experience!
Keller Williams Real Estate ( Denver metro area, Colorado

Sally & David ~ you are inspirational.  There is a lot of thought in your lifestyle and your blog.  Thank you for sharing your wisdom with us.

September 01, 2010 11:09 PM
Rainmaker
1,341,674
Sally K. & David L. Hanson
WI Realtors - Luxury - Short Sale - CDPE, REDS
Keller Williams 414-525-0563

Thank yo Dawn....would love to meet you sometime at a KW function !

September 02, 2010 05:26 AM
Rainmaker
591,494
Laura Giannotta
Your Realtor Down the Shore!
Keller Williams Realty - Atlantic Shore

Sounds like a great plan, and one that could serve as a guideline to others! 

September 02, 2010 07:31 AM
Rainmaker
1,341,674
Sally K. & David L. Hanson
WI Realtors - Luxury - Short Sale - CDPE, REDS
Keller Williams 414-525-0563

it's one we have used for a lifetime Laura...or at least since we have been married...this IS a lifetime, hmmm ?

September 02, 2010 07:34 AM
Anonymous #16
Anonymous
Anonymous

And put at least 10% of your gross income each year into your savings. I figure if the Church can ask for 10% for God, well then 10% should be good enough for me, too!

September 04, 2010 08:59 PM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the computer to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
1,341,674

Sally K. & David L. Hanson

WI Realtors - Luxury - Short Sale - CDPE, REDS
For All Things Wisconsin Real Estate...Call the Hansons
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the scissors to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information