7/03/2007

What do you do?

The question of the day is what do you do when you have everything you need and most of what you want? Buy Real Estate! Looks like the Petty's are signing a contract to purchase some land with a mobile home on it. The home is on a foundation but it needs a lot of work to bring it up to speed. The good news is Barb in her usual style has found a piece of property at darn near wholesale prices. I swear that woman has bargain stamped on her soul.

For all you planners out there, have you stumbled on the basic breakdown for a life plan? Start out with where are you? Do a real look see at everything from finances to education. Find someone that can do a simple balance sheet and put your finances on it. (I use Quicken) Ask yourself realistically where do you want to go? Where do you see yourself if five year increments. Then the hard answer is "How Do I get There from Here"? Like the journey of a Thousand Miles it begins with the first step. Nothing ventured, nothing gained.

Once you know what you need to do, those become your visions. Look at each vision and set the major step you need to take in each vision. For example - If you need a better job, do you need more education. Vision, better Job. First Goal get more education. Program? what do you need and how to pay for it? Steps, 1 apply for the school you need, Step 2 look for finding methods, 3 attend school (while working hard) 4 pay for it.

I think a lot of people are doing this but not in an organized fashion. Competition for assets and attention often dissuades us from achieving our goals. It would be easy to buy that new car with available credit but the assets used for that could be really essential to the accomplishment of a later goal.

Most of us have sufficient income to live the way we desire. It happens that a lot of us don't understand what we really want. It was easy for Barb and I to start out in a 38 foot Mobile home while we went to school. The cheap housing allowed us to accumulate education so we could then get paid for our work. Then we worked to get additional education and qualify for promotions. (If you think going to the Officer Advance Course, Command and General Staff College wasn't education, you just don't understand) Now that we are near the end of our working careers, we have a lot of time and resources to now live the way we desire.

The old saying was that a journey of a thousand miles begins with the first step. I think it starts with a good plan, then the first step. Get out there and attack life like it was your life! No one said you couldn't win!
MUD

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