Fibonacci Financial

Archive for the ‘Financial Fulcrum Issues’ Category

Financial Fulcrum May Edition

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Dear Reader I have briefly covered the La Vida LOCA (as a concept – but not all the applications yet) and would appreciate your reviewing the above checklist and let me know which item you would like me to cover in my next financial planning article.  So please drop me a comment with your requests.

Issue 5 – Published in Gaia the Fifth Month in the Y.O.O.S. 195.009

(see calendar explanation below)

Financial Peace of Mind is not a matter of how much or how little money you make. Financial peace of mind comes from having your financial house in order. Putting your financial house in order starts with creating and implementing a Financial Plan.

WINNING AT THE GAME OF FINANCIAL INDEPENDENCE

Creating a winning financial game plan that propels you toward achieving your financial goals is a 5 step process.

Step 1 Identify where you currently are by creating a Statement of Personal Net Worth. This is GO on the Monopoly Board of your financial planning game.

Step 2 Envision where you want to go. Create a clear vision of your desired financial future. It is the constant creative tension between having a clear idea of where you are and where you want to go that propels you to achieve outstanding financial goals.

Step3 Work out measurable strategies. One key to structuring your strategies is leveraging your resources.

Step 4 Keeping Score is the magic ingredient. You must carefully structure an easily maintained feedback mechanism that provides your daily, weekly, monthly and annual Financial Score. This Financial Score Board has to be constructed to have the same immediacy of a golf score card or a Baseball/Basketball scoreboard. This is the key to turning the achievement of your financial goals from a chore or work into a GAME! The problem with most financial plans is that they lead to a “TGIF” attitude instead of a “let’s get out there and rumble” type of excitement and motivation. My prorietary system is Know and PEARD.

Step 5 Enjoy your financial independence.

OK, Now – Get In The Game – Financial Independence can be yours faster than you can imagine if you learn the rules of the game and keep score.

NEED HELP – Email me your questions: michael@fibonaccifinancial.com

Brief calendar explanation:

The Solstice Calendar is a scientific, rational 13 month 28 day system anchored on the Winter Solstice with the last day of the year being the Winter Solstice and New Years Day being the day after Solstice . The Year is anchored on the first known appearance of Homo Sapiens Sapiens on Terra about 195,000 years ago ergo Y.O.O.S. Year Of Our Species. (aka the Thursday April 2, 2009 on the catholic calendar).