my articles | learn more about DirectoryM articles | contact us | advertise with us   
 
SEARCH:
Quick Search Results

Searching...

ABOUT US | VIEW ALL FEATURED ARTICLES | VIEW ALL TOPICS | VIEW ALL REGIONS | DM MOBILE | DM BLOG

How to Turn Your Liabilities into Assets Georgia

Most people... find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets.
1. Local Companies
2. How to Turn Your Liabilities into Assets
3. AskDestiny®.com
4. Featured Local Company

1. Local Companies

AXA Advisors, LLC
404-760-2304
3348 Peachtree Road NE
Atlanta, GA
Finish Rich Now, LLC
1.800.958.6554
P.O. Box 550209
atlanta, GA
The McElroy Tadlock Law Group
800-816-8889x127
1720 Peachtree Street NW
Atlanta, GA
ExcelCore, LLC
404.347.9254
640 Glen Iris Drive, NE #515
Atlanta, GA
Sterling Retirement Plan Services, Inc.
770.814.9343
2750 Buford Highway
Duluth, GA
VentureForth Partners, LLC
404-459-8574
P.O. Box 28656
Atlanta, GA
Alliance For Affordable Health Insurance
404-363-4272
5503 Oakwood Drive
Lake City, GA
Primerica Financial Service
678-939-4201
810 Franklin Ct Se Suite J
Marietta, GA
Andina Financial Services, Inc
770-798-9128
6267 Oakwood Circle
Norcross, GA
Wang enterprise
404.753.2121
1234 Walnut street
Atlanta, GA


2. How to Turn Your Liabilities into Assets

“Most people... find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets.”
-James Arthur Baldwin

  • In difficult economies, you need clarity.
  • Clarity requires assessing both the big picture and the details.
  • When you are under financial stress, fear kicks in.
  • To overcome fear, return to simple fundamentals – assets v liabilities; cash coming in and cash going out.

    Here are some Insights and Solutions for turning your home into an Asset to generate Cash Flow:

    1. Make a detailed list of your assets. Assets that put money in your pocket v. liabilities are those things that take money out of your pocket.

    Critical Point: Homes are not Assets

    2. Your home is not an asset unless it puts money in your pocket. Your home is a liability or a series of expenses or outflows of cash until you can generate offsetting inflows of cash. Your home is, at best, an investment. Your investment turns into an asset if it puts money into your pocket upon selling or leasing it.

    Turn Your Home into a Money-Making Machine: Generate Cash Flow

    3. Turn your home into an asset or vehicle to put money in your pocket by looking into the following:
    a. Evaluate what your strengths and skills are.
    b. Look into putting events on in your house. You can be paid to create focus groups or be paid for being part of a focus group
    c. You can be trained for multilevel marketing and sell from your home.
    d. You can you can use your skills to consult to other companies and work from your home.
    e. You can create e-books based upon your specific expertise and sell them on the internet for extra cash.
    f. Bake cookies; sell cakes and pies.
    g. You can look up other home-based businesses that match your immediate skills.

    Negotiate to Survive Foreclosure and to Recover: Protect your Assets

    4. The name of the game is market, sell, and collect. You can save yourself, your home and your life by learning to negotiate from strength.
    5. Many people are afraid to protect themselves.
    6. Start with taking responsibility for what has occurred; forget whose fault it is.
    7. Learn a negotiation skill a day.
    8. Negotiation starts with knowledge.
    9. Read and learn how to negotiate. Typically, banks do not want to take your home or to write off your credit cards or your auto loans.
    10. Another key to negotiation is to know what you can and cannot do. What are your options? The person with more options wins most negotiations.
    11. Make a 6 month cash flow projection as to your worst-case scenario. How much can you bring in each month and how much do you have to pay out each month?

    Design a Priority Payment Plan:

    12. Prioritize your payments. Design a plan that shows what you can pay and when. If you have any funds coming in, make small payments to those that are critical for you to survive. Psychologically this is good for you and shows your creditors that you have good intentions.
    Bank Negotiation Points:
    13. Find out what effective interest rate you are paying. Find out how you can reduce your effective interest rate, i.e., is your actual cost of borrowing money. The bank’s borrowing cost of money is very low. They are in trouble too. They are very motivated to have performing assets (those they are getting some payment toward) on their books.
    14. It is much more costly for banks to deal with foreclosing on your home or your non performing credit cards and auto loans.
    15. If banks recognize that you understand their costs of doing business, including the cost of tying up their employees’ time, you start to create more of a level playing field in your negotiation with the bank(s).
    16. If you have very little income, then you should lay out a plan for the banks as to when you can pay. Ask for a non payment or grace period if you cannot make any immediate payments. Tell the banks it is better that you are maintaining your house. An occupied house is easier to sell and keeps up the value for them as well as you.

    Know When to Get Out and Cut Your Losses:

    17. If it is clear that you cannot maintain your home then get out. If you can’t sell your home, try to lease your home. Make every effort to stay within your community, especially if you have relationships and children.
    18. You can always find a way to rebuild your assets in your life if you are resourceful and resilient.

    Protection:

    19. Do not sign anything without a legal review. You cannot save on protection. Fine print destroys assets.

    http://www.askdestiny.com assists you in money-making wealth building and protecting your assets.

    • 3. AskDestiny®.com

    www.askdestiny.com assists you in money-making wealth building and protecting your assets.

    4. Featured Local Company

    l & l services

    404-768-1696
    1561 virginia ave ste 110a
    college park, GA
    www.l-lservices.com

    Read more about How to Turn Your Liabilities into Assets

    Regional Articles
    - How to Turn Your Liabilities into Assets Acworth GA
    - How to Turn Your Liabilities into Assets Adairsville GA
    - How to Turn Your Liabilities into Assets Albany GA
    - How to Turn Your Liabilities into Assets Alpharetta GA
    - How to Turn Your Liabilities into Assets Americus GA
    - How to Turn Your Liabilities into Assets Athens GA
    - How to Turn Your Liabilities into Assets Atlanta GA
    - How to Turn Your Liabilities into Assets Auburn GA
    - How to Turn Your Liabilities into Assets Augusta GA
    - How to Turn Your Liabilities into Assets Austell GA
    - How to Turn Your Liabilities into Assets Barnesville GA
    - How to Turn Your Liabilities into Assets Baxley GA
    - How to Turn Your Liabilities into Assets Blackshear GA
    - How to Turn Your Liabilities into Assets Blairsville GA
    - How to Turn Your Liabilities into Assets Bremen GA
    - How to Turn Your Liabilities into Assets Brunswick GA
    - How to Turn Your Liabilities into Assets Buford GA
    - How to Turn Your Liabilities into Assets Byron GA
    - How to Turn Your Liabilities into Assets Calhoun GA
    - How to Turn Your Liabilities into Assets Canton GA
    - How to Turn Your Liabilities into Assets Carrollton GA
    - How to Turn Your Liabilities into Assets Cartersville GA
    - How to Turn Your Liabilities into Assets Cedartown GA
    - How to Turn Your Liabilities into Assets Chatsworth GA
    - How to Turn Your Liabilities into Assets Chickamauga GA
    - How to Turn Your Liabilities into Assets Clarkesville GA
    - How to Turn Your Liabilities into Assets Clarkston GA
    - How to Turn Your Liabilities into Assets Cleveland GA
    - How to Turn Your Liabilities into Assets Cochran GA
    - How to Turn Your Liabilities into Assets Columbus GA
    - How to Turn Your Liabilities into Assets Commerce GA
    - How to Turn Your Liabilities into Assets Conyers GA
    - How to Turn Your Liabilities into Assets Cordele GA
    - How to Turn Your Liabilities into Assets Cornelia GA
    - How to Turn Your Liabilities into Assets Covington GA
    - How to Turn Your Liabilities into Assets Cumming GA
    - How to Turn Your Liabilities into Assets Dacula GA
    - How to Turn Your Liabilities into Assets Dahlonega GA
    - How to Turn Your Liabilities into Assets Dallas GA
    - How to Turn Your Liabilities into Assets Dalton GA
    - How to Turn Your Liabilities into Assets Dawsonville GA
    - How to Turn Your Liabilities into Assets Decatur GA
    - How to Turn Your Liabilities into Assets Douglas GA
    - How to Turn Your Liabilities into Assets Douglasville GA
    - How to Turn Your Liabilities into Assets Dublin GA
    - How to Turn Your Liabilities into Assets Duluth GA
    - How to Turn Your Liabilities into Assets Eastman GA
    - How to Turn Your Liabilities into Assets Eatonton GA
    - How to Turn Your Liabilities into Assets Elberton GA
    - How to Turn Your Liabilities into Assets Ellenwood GA
    - How to Turn Your Liabilities into Assets Ellijay GA
    - How to Turn Your Liabilities into Assets Evans GA
    - How to Turn Your Liabilities into Assets Fairburn GA
    - How to Turn Your Liabilities into Assets Fayetteville GA
    - How to Turn Your Liabilities into Assets Fitzgerald GA
    - How to Turn Your Liabilities into Assets Flowery Branch GA
    - How to Turn Your Liabilities into Assets Forest Park GA
    - How to Turn Your Liabilities into Assets Forsyth GA
    - How to Turn Your Liabilities into Assets Fort Benning GA
    - How to Turn Your Liabilities into Assets Fort Stewart GA
    - How to Turn Your Liabilities into Assets Fort Valley GA
    - How to Turn Your Liabilities into Assets Gainesville GA
    - How to Turn Your Liabilities into Assets Glennville GA
    - How to Turn Your Liabilities into Assets Gray GA
    - How to Turn Your Liabilities into Assets Grayson GA
    - How to Turn Your Liabilities into Assets Griffin GA
    - How to Turn Your Liabilities into Assets Grovetown GA
    - How to Turn Your Liabilities into Assets Guyton GA
    - How to Turn Your Liabilities into Assets Hampton GA
    - How to Turn Your Liabilities into Assets Hartwell GA
    - How to Turn Your Liabilities into Assets Hawkinsville GA
    - How to Turn Your Liabilities into Assets Hazlehurst GA
    - How to Turn Your Liabilities into Assets Hephzibah GA
    - How to Turn Your Liabilities into Assets Hinesville GA
    - How to Turn Your Liabilities into Assets Hiram GA
    - How to Turn Your Liabilities into Assets Jackson GA
    - How to Turn Your Liabilities into Assets Jasper GA
    - How to Turn Your Liabilities into Assets Jefferson GA
    - How to Turn Your Liabilities into Assets Jesup GA
    - How to Turn Your Liabilities into Assets Jonesboro GA
    - How to Turn Your Liabilities into Assets Kennesaw GA
    - How to Turn Your Liabilities into Assets Kingsland GA
    - How to Turn Your Liabilities into Assets La Fayette GA
    - How to Turn Your Liabilities into Assets Lagrange GA
    - How to Turn Your Liabilities into Assets Lawrenceville GA
    - How to Turn Your Liabilities into Assets Leesburg GA
    - How to Turn Your Liabilities into Assets Lilburn GA
    - How to Turn Your Liabilities into Assets Lithia Springs GA
    - How to Turn Your Liabilities into Assets Lithonia GA
    - How to Turn Your Liabilities into Assets Locust Grove GA
    - How to Turn Your Liabilities into Assets Loganville GA
    - How to Turn Your Liabilities into Assets Lyons GA
    - How to Turn Your Liabilities into Assets Mableton GA
    - How to Turn Your Liabilities into Assets Macon GA
    - How to Turn Your Liabilities into Assets Madison GA
    - How to Turn Your Liabilities into Assets Marietta GA
    - How to Turn Your Liabilities into Assets Mcdonough GA
    - How to Turn Your Liabilities into Assets Milledgeville GA
    - How to Turn Your Liabilities into Assets Monroe GA
    - How to Turn Your Liabilities into Assets Morrow GA
    - How to Turn Your Liabilities into Assets Moultrie GA
    - How to Turn Your Liabilities into Assets Newnan GA
    - How to Turn Your Liabilities into Assets Norcross GA
    - How to Turn Your Liabilities into Assets Peachtree City GA
    - How to Turn Your Liabilities into Assets Perry GA
    - How to Turn Your Liabilities into Assets Powder Springs GA
    - How to Turn Your Liabilities into Assets Rex GA
    - How to Turn Your Liabilities into Assets Richmond Hill GA
    - How to Turn Your Liabilities into Assets Rincon GA
    - How to Turn Your Liabilities into Assets Ringgold GA
    - How to Turn Your Liabilities into Assets Riverdale GA
    - How to Turn Your Liabilities into Assets Rockmart GA
    - How to Turn Your Liabilities into Assets Rome GA
    - How to Turn Your Liabilities into Assets Rossville GA
    - How to Turn Your Liabilities into Assets Roswell GA
    - How to Turn Your Liabilities into Assets Saint Marys GA
    - How to Turn Your Liabilities into Assets Saint Simons Island GA
    - How to Turn Your Liabilities into Assets Sandersville GA
    - How to Turn Your Liabilities into Assets Savannah GA
    - How to Turn Your Liabilities into Assets Sharpsburg GA
    - How to Turn Your Liabilities into Assets Smyrna GA
    - How to Turn Your Liabilities into Assets Snellville GA
    - How to Turn Your Liabilities into Assets Statesboro GA
    - How to Turn Your Liabilities into Assets Stockbridge GA
    - How to Turn Your Liabilities into Assets Stone Mountain GA
    - How to Turn Your Liabilities into Assets Summerville GA
    - How to Turn Your Liabilities into Assets Suwanee GA
    - How to Turn Your Liabilities into Assets Swainsboro GA
    - How to Turn Your Liabilities into Assets Sylvania GA
    - How to Turn Your Liabilities into Assets Sylvester GA
    - How to Turn Your Liabilities into Assets Thomaston GA
    - How to Turn Your Liabilities into Assets Thomasville GA
    - How to Turn Your Liabilities into Assets Thomson GA
    - How to Turn Your Liabilities into Assets Tifton GA
    - How to Turn Your Liabilities into Assets Toccoa GA
    - How to Turn Your Liabilities into Assets Tucker GA
    - How to Turn Your Liabilities into Assets Union City GA
    - How to Turn Your Liabilities into Assets Valdosta GA
    - How to Turn Your Liabilities into Assets Vidalia GA
    - How to Turn Your Liabilities into Assets Villa Rica GA
    - How to Turn Your Liabilities into Assets Warner Robins GA
    - How to Turn Your Liabilities into Assets Watkinsville GA
    - How to Turn Your Liabilities into Assets Waycross GA
    - How to Turn Your Liabilities into Assets Waynesboro GA
    - How to Turn Your Liabilities into Assets Winder GA
    - How to Turn Your Liabilities into Assets Woodstock GA
    Related Local Events
    ART ROCKS AFTER WORK SOCIAL
    Dates: 8/21/2008 - 8/21/2008
    Location: Jacqueline Casey Hudgens Center for the Arts
    Duluth GA
    View Details
    BioPharm America 2008
    Dates: 9/9/2008 - 9/10/2008
    Location: Grand Hyatt Atlanta Buckhead
    Atlanta GA
    View Details
    DAVE RAMSEY TOTAL MONEY MAKEOVER
    Dates: 9/13/2008 - 9/13/2008
    Location: ARENA AT GWINNETT CENTER
    Duluth GA
    View Details
    The Franchise & Business Opportunity Expo
    Dates: 10/11/2008 - 10/12/2008
    Location: Georgia International Convention Center
    College Park GA
    View Details
    ART ROCKS AFTER WORK SOCIAL
    Dates: 11/21/2008 - 11/21/2008
    Location: Jacqueline Casey Hudgens Center for the Arts
    Duluth GA
    View Details
    Rate Article
         
    Articles Insider
    Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin
    Topics:
    Advertising Educational Content Home Appliances Real Estate Resources
    Business Services Entertainment Home Electronics Software
    Career Family Home Services Technology
    Cars Fashion Internet Telecommunications
    Chamber of Commerce Financial Services Legal Trade Shows
    Computer Hardware Franchise Miscellaneous Travel
    Construction Health Nightlife Weddings
    Education Holidays Online Database World History
    Articles.DirectoryM.com | Search | About Us | Contact Us | Mobile | Blog | En Español
    Copyright © Interaction Media Group. All rights reserved.