Thursday, June 25, 2009

Taking back control

Wednesday 8.45am, My quest to become a Millionaire has been quite a journey, a period of growth in my own personal life that has been extremely rewarding at the beginning of my journal entry's I set out a plan and adopted a mindset of a Millionaire I have struggled to keep my apartment and life style, my world has been subject to the circumstances that I created in my past. Just before starting this blog I changed some habits and ways that I had been used to and when the dust cleared I realized the reality of my non focus in the area of my finances and needed to change.The entire blue print of my idea and lack of knowledge about money was wrong. Interesting to note that I did not know what I did not know,after seeking the knowledge connected with finance I realized that my ignorance of the way money is budgeted ,created invested and recycled had kept me locked in a false reality. I had adopted my life to the directionless concept of not planning my money.This left me with the clear fact that my choices in life where very limited the importance of money in my day to day events became so relevant to the amount of stress and anxiety that I endured through out my day.As the first of the month of July approaches I am proud to say that I will be able to pay my rent for July without any late fees I have payed a company to start to work on clearing my credit so that I can in a few months apply for a mortgage and buy my first house. I have set up my own Investment firm and I am having great progress with promoting this entity more detail of this will follow the next few entrys to this journal. I will make clear the method of how I will become A Millionaire by October of this year my Investment company slogan is " creating the Future Today ", by taking back control.

Tuesday, June 9, 2009

first stage almost complete ( digging out from being buried in debt )

9.30a Tuesday 9-6-09 .With just a few months left for my goal of millionaire to arrive I am faced with a dilemma it has taken far longer for me to dig myself out from under my bills than I thought with just 4 months left to reach my goal I must put my life into hyper drive well at least I must think of the quickest and must direct way to acquire the financial positioning I desire.Finally in July I will be able to pay my rent on the first and have the financial wheels moving forward instead of backwards.Careful tracking of my wage projection over the next month has shown me that at the end of July start of august I will have a positive cash flow of about $1400. I still have to find this months rent now 9 days late and accruing more late fees daily.In July I will have the luxury of being able to manage my bad debt believe it or not that actually feels good. In the 2 months previous I conceived, planned, promoted and put on an event at a local bar that generated a cash flow for all concerned although it was not a great amount of money it was cash flow non the less this event provided entertainment and and an evening of positive energy for many local musicians I was able to involve two major companies in sponsor ship of the event ended the month of may with a showcase featuring six bands .This was a great learning experience for me I learned that the only difference between making a $150 at the door or $150,000 is money in the beginning to pick the best attraction 3 months ahead of start date to promote the event and the prime location to put on the event Pilatus Entertainment the music division of YNL enterprises proved itself to be a highly valuable and promising area of my life. Happy birthday to my dear deceased Friend Rob P as you used to always say "we gonna be large " rest in peace my brother your energy and name continues in this world.