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November 8, 2008 Net Worth
2008-11-10 10:25:00
Here is my monthly Net Worth update.Total Assets: $11,573Total Debts: -$17,074 ---------------------Net Worth: -$5,501Difference from last month: -$1,646 Percentage Difference: -23.03%NetWorthIQ Click here to see full details.
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November Net Worth Update coming soon...
2008-11-06 18:24:00
I will be updating my net worth later tonight. It's getting close to Christmas and it's holiday spending time. I am still deciding if there is anything I want or need to buy for Black Friday. I really want a new 22 inch monitor so I can play poker more effectively online. I should also start on my Christmas shopping and not procrastinate like the rest of the world. We'll see how it all pans out. Stay tuned.PS. Now that the elections are over, let's see what happens to the USA!
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I Can Make You Rich Pg. 60
2008-11-04 04:15:00
What I learned: If you dislike people with money, it will be difficult to become one of them."I have never been in a situation where having money made it worse."-Clinton Jones,American footballer
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iPhone Home Chargers for $6.99
2008-10-21 06:09:00
iPhone 3G Home Charger $6.99 FREE S/H
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Pg. 36
2008-10-18 10:07:00
So far I have created a rich anchor and I will be repeating the process for the next 3 weeks. "Money doesn't make youhappy. Last year I earned$40 million dollars; this yearI earned $50 million. I'm notany happier."-ARNOLD SCHWARZENEGGER, actor and politician

I Can Make You Rich by Paul McKenna
2008-10-15 20:23:00
I just started reading this book and I will be blogging about what I am learning and also to make sure I complete the book."Being rich is living your life on your own terms- according to your possibilities, not your limitations."
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1st Step is to Start, 2nd Step is to Continue.
2008-10-15 19:17:00
I have been listening to goal setting audio books and the main concept for goal setting is you have to write down exactly what you're trying to achieve. The problem most people have is they do not want to commit themselves on paper and they think that having it stored in their head is good enough. The author made a good point about buying a car or renting an apartment. It does not become a commitment until you fill out and sign the paperwork.The biggest secret that I've found in anything I do is you simply have to just get started. I have had this $100k Journey blog for almost 2 years now. If I never started blogging about my finances, I don't think I would be where I would be today. And that's $16,000 closer to becoming debt free. I know two people who said they would start "next month" and that was 2 years ago. Since they never committed to anything on paper, they never got started. The one thing I have learned that there is really only 2 steps. 1st step is get start...
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October 2008 Net Worth
2008-10-08 08:58:00
Here is my monthly Net Worth update.Total Assets: $10,552Total Debts: -$17,699 ---------------------Net Worth: -$7,147Difference from last month: +$616 Percentage Difference: +7.94%NetWorthIQ Click here to see full details.The biggest difference this month is my big payment towards my car note. I overpaid about $1000 and hopefully I will have my car fully paid within 5 months. After my car payment, I will tackle my next biggest debt at $4k. Once that is gone, I can focus on the remaining student loan debt. With the economy and market down, my Roth IRA and retirement investments have taken a slight hit. How much have you saved this month?
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New Credit Score Update: 644 / 659 / 662
2008-10-01 09:32:00
Based off the past couple of months, I've been averaging a 10 point gain every 3 months. I'm slowly waiting for the day I hit 700.
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September Net Worth
2008-09-06 06:04:00
Here is my monthly Net Worth update.Total Assets: $11,759Total Debts: -$19,522 ---------------------Net Worth: -$7,763Difference from last month: +$2,414 Percentage Difference: +45.13%NetWorthIQ Click here to see full details.
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Track your MPG with Fuelly.com
2008-08-25 08:05:00
A friend of mine showed me a great website called www.fuelly.com where you can keep track of your gas mileage and MPG online. After 2 fill-ups it will collect the data you input and calculate MPG. It has useful charts and the best part is you can compare with other owners who have the same year and model you have. It's free to use so I recommend you check out www.fuelly.com. If you have an iPhone, you can put the data in right from the gas station from their website.
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Mid-August Net Worth
2008-08-21 06:38:00
Here is my monthly Net Worth update.Total Assets: $10,968Total Debts: -$16,317 ---------------------Net Worth: -$5,349Difference from last month: +$3,407 Percentage Difference: +38.91%NetWorthIQ Click here to see full details.I am almost at the break even point! Just $5,000 more until I hit 0, then I will be on the positive side of the net worth fence. I am very excited as things are finally falling into place.
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Credit Score Update
2008-08-20 21:03:00
I have been so busy with my new job that I didn't realize I never posted an August Networth update. I will update my Mid-August net worth later tonight. In the mean time, my credit score has gone up to 690! If you have been following my blog, you'll notice I was as low as 574 in February 2008. In 6 months, I have raised it over 115 points! Whats the secret? Pay all your bills on time and don't add on new debt. Also I truly believe that tracking and monitoring your spending habit helps a lot. If you don't know where your money is going on a daily basis, you will not be able to save any of it. Be on the lookout for my net worth update later tonight. My next goal is to break the 700 barrier by September 15.
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Forgot to add my Forex
2008-07-15 06:46:00
New update to my Mid-July net worth. Forgot to add a debt and my forex account.Total Assets: $13,596 Total Debts: -$22,352 ---------------------Net Worth: -$8,756Difference from last month: -$4,55 Percentage Difference: -5.48%NetWorthIQ Click here to see full details.
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Mid-July Net Worth
2008-07-15 06:37:00
Here is my monthly Net Worth update for July . Sorry for the delay. Just started a new job and I'll be in training for 2 weeks. Big jump in net worth in the opposite way of where I want to be. I will have a big August due to some help from Pell. Be on the lookout for my update beginning of August. My new job will give me the opportunity to make some quick cash if I apply myself. My business is just about there, just waiting on one more thing. Then it will be finalized and the real money pours in.Total Assets: $11,322 Total Debts: -$21,252 ---------------------Net Worth: -$9,930Difference from last month: -$1,629 Percentage Difference: -19.62%NetWorthIQ Click here to see full details.
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July Net Worth Update Coming Soon
2008-07-08 20:45:00
I haven't had time to get my July net worth so I will be updating it this week. I've been working hard on my 2 online businesses and I have a couple of more things in the works. I'm still not currently working because my new job is lagging with the background check. If all goes well I will be either starting next week or on July 28th. I'm in no rush to start because I've been using all my time to dedicate to learning new things and trying to make money. I added a new sponsor, My Credit Group, MyCreditGroup.com | Credit Repair Servicesbecause I am personally using them to help repair my credit. I've found some collections stuff I've been trying to remove for the past 2 years and it's still showing up. I'll put a review later on how their services actually go.
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www.FavoriteCreditCard.com
2008-06-26 17:46:00
How many credit cards do you have and do you really use them for emergencies only? I've been reading articles stating 3-4 credit cards is all you really need to help boost your credit score. Here is a site that offers everything from student cards, low APR, rewards and miles cards and more. Check out www.favoritecreditcard.com

Lower APR for Credit Cards
2008-06-26 02:41:00
Yesterday I was reading some online articles about how to lower your credit card APR, so I figured, what the heck, let me call up all my credit card companies and try it out. I took out 3 of my cards that I could find and called each of the customer service numbers on the back. All I did was simply ask, "How can I lower my APR?" Each rep said the same thing, "Give me a minute while I look into that." These were the results:Discover Card 21.9% to 15.9%Capital One MC 16% to 14.9%Mastercard 15.9% to 13.9%Overall it was a success! I highly recommend you just call the 800 # on the back and simply ask how they can lower your APR. I was able to save 6% on my Discover card, 1% on my Capital One and 2% on my Mastercard. I know I have more credit cards to call, but they're already low and I'll wait a little longer until I've had them for more than a year. Good luck to everybody!
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Hours and Hours of Research
2008-06-20 23:24:00
Usually when I form a new hobby, I devote countless hours to it. This has not changed with my new hobby in forex. Since Sunday, June 15th, I have been up from 6 in the morning up until 2am the next morning trying to learn as much as I can about forex. I recently purchased a forex robot and I have been testing it out to see if this stuff is for real. To my surprise, my account is in the profit. The robot I have is pretty simple and straightforward. I then started to see if there were other types of forex robots out there. What did I get myself into?! First I found one, then another one, then two more, then 10 more, then I found forums upon forums just on the topic of forex robots. There is a lot of debate out there whether or not these things are profitable. Some say they aren't, others say yes. I've always been fascinated with "systems/strategies" and money. I've done months of research on gambling systems like roulette and poker and I truly believe they exist. Back ...
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www.Automatic-Forex-Profits.com
2008-06-18 03:19:00
It's been a while since I've updated my blog. In my latest post, I had a couple of events take place. First of all, I no longer work at school. I feel so much better now and I am happier. No matter how much money you pay me, if I am not happy and if I don't have a passion for what I'm doing, I will not do it. The job paid well, but I hated driving to work each morning and I hated every minute of being there. Now that it is no longer a part of my life, I couldn't be any happier! I wake up in the morning not hating life. I look forward to my day and not the other way around.I'm still waiting on my background check for my new job. I didn't start on the expected date which is fine. In the past couple of days, I have been working on one of my online businesses: www.Automatic -Forex -Profits .comis about 50% complete and I am just working on finishing it up. I have started a new venture in the foreign exchange market, also known as Forex. I will be blogging about my experi...

Lots of Events In The Past Week
2008-06-13 08:09:00
There has been lots of events in the past week that is going to be life changing yet once again. I blogged about my job nine months ago and I finally got my 6 month review. It was NOT what I was expecting. I have high hopes and high standards for myself and I did not meet my own expectations. I received a 9% raise, but that is not good enough for me. I know where I went wrong and I have no one to blame but myself. I didn't do what I had to do and I deserve what I got. On the other side of the coin, I was not happy at that job. I was selling a service I really did not believe in and I dreaded going to work each day. Once I get that "feeling" I usually don't last long at the job. I actually had a job interview on Saturday and I was offered another job for at&t. I'm supposed to start next Monday, but I'm going through the standard background check and drug testing phase. Tomorrow is my last day at my current job and I couldn't be happier. I no longer have to drive 35 ...
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June Net Worth Update
2008-06-03 06:26:00
Here is my monthly Net Worth update.Total Assets: $10,591Total Debts: -$18,892 ---------------------Net Worth: -$8,733Difference from last month: +$432 Percentage Difference: +4.95%NetWorthIQ Click here to see full details.Overall a great month. I was able to pay off a lot of debt and I cleared out a $2,000 Best Buy card debt. Based off my talk with the financial advisor, I should worry about paying off debt first before trying to save. It's not worth it to pay the high interest while only earning 3% on my money market accounts and savings accounts. After my debt is paid off, then I can start to save so it's not counter productive. This past weekend, I did research online to find ways to earn extra income. I've decided to get back into investing, but instead of stocks, I'll be investing in the Forex market. Currency exchange is open 24hours a day for 5 days, not including the weekends. I'm going to learn off a demo account and once I feel comfortable, I will pull...
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Talk With The Financial Advisor
2008-05-15 08:01:00
Tonight I had an appointment with a financial advisor. I am pleased to say that it was two hours well spent. He was able to analyze my situation and accounts and recommend a plan of action. If you've been keeping up with my blog, I have been saving $100 a week and it has been automatically transferring from my bank account to a money market account. Right now that account has about $1966 and is only earning 2.96% Based off my previous blog post, I was having a dilemma on whether or not I should pay off my credit card or keep the money in my account. He was able to show me the big picture and I have decided that it is not worth my effort to try to save money while paying off debt. My 11% on my credit cards should be a priority instead of saving it at 3%. I have also decided to stop contributing to my 401k and only contribute to my Roth 401k since I was putting in 10% of my paycheck in each. Now I have freed up 10% of my paycheck and can put it towards debt. The faster I pa...
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Credit Score 636
2008-05-14 08:57:00
I get a free credit score each month with one of my credit cards and I'm glad to see my credit score is going up slowly. I took a screen shot so you can see the great upward trend. When I was 18, I didn't make my credit score a priority and now I'm paying for my past. My goal is to teach and educate my kid so that he will not have to spend time trying to rebuild. I hope he listens...
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Helping & Giving advice
2008-05-14 08:13:00
I've just realized that sometimes, trying to help other people or giving advice is not worth it. I have good intentions when I give my 2 cents, but lately, I've gotten the same response from people. So going forward, I'll keep my advice to myself and only offer it to those who ask. Why are people stubborn? Why do people want to go through heart aches and the trial and error when somebody else has already gone through it and trying to save them time and money? I write this blog for myself. So I can look back and see how my decisions have led to the life I live now. I am not a financial adviser nor a planner. I'm not rich, nor do I pretend to be. I'm a regular guy with a goal to achieve a positive net worth.On a positive note, I have an appointment to meet with a financial advisor. He's a friend of mine and he's going to help me optimize all my current investments and help create a plan for me and my son. Hopefully all goes well and I'll be able to get a better rate...
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Emotions vs. Interest
2008-05-12 09:11:00
I've heard different ways of paying off debt. Start with the highest interest rate first and work your way down versus pay off your small debt first and work you're way to your bigger debts. What's the benefit to each way and which is better?Obviously, paying off your high interest rate debt is going to save you money in the long run. That's a no-brainer, but why would somebody else recommend paying off your small debt first? Psychologically, paying off your small debt gives you a sense of accomplishment and helps you tackle your next debt with a feel good attitude. Based off my experience, every time I pay off an entire credit card, I get a boost of confidence and I feel like I'm actually doing something. For some strange reason, when I pay off bigger debts, it just feels like forever and I feel like my payments aren't really doing any good (even though I know it's not true.) The reason this has been on my mind is because one of my debts is a little over $2,000. Now ...
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www.100kjourney.com
2008-05-07 07:17:00
www.100kjourney.com is now working!I will be focusing on creating wealth for the remainder of the year. My debt is under control and I am slowly paying it all off. I have 3 credit cards remaining, about $8,000 left on my car, and I have not used my credit cards to add on new debt. Creating wealth will be a slow but steady journey. I have created a deadline of May 20, 2008 to create a rough draft of my business plan. A friend of mine has gotten me motivated to start creating wealth again and the only way is through passive income. I have all these ideas in my head, but until I have them on paper in a structured manner, it will always be an "idea." I will be working on my business plan and my goal is to have my business up and running by August of 2008.

May Net Worth Update
2008-05-04 09:16:00
Here is my monthly Net Worth update.Total Assets: $12,736Total Debts: -$21,469 ---------------------Net Worth: -$8,733Difference from last month: +$27Percentage Difference: +.31%
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Updates coming soon...
2008-05-03 08:38:00
This blog will be updated soon on a daily basis. There will be more structure to my debt process and my methods. Please feel free to subscribe to my RSS Feed and stay tuned. I will be doing my May net worth update tomorrow after work.
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Net worth as of April 1, 2008
2008-04-02 06:45:00
Here is my monthly Net Worth update.Total Assets: $13,644Total Debts: -$22,404---------------------Net Worth: -$8,760Difference from last month: +$2,834Percentage Difference: +24.44%NetWorthIQ Click here to see full details.HUGE month for me! Took out a huge chunk and now I'm under the -$10k net worth mark. I'm still debating if I should buy the laptop or wait. I will be at the break even point pretty soon. My original goal target to get out of debt was January 2009.
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