Posts tagged ‘cash flow’
Investing in yourself will be the most profitable investment you ever make. It yields not only future returns, but often a current pay-off as well. The surest way to achieve a better quality life, to be successful, productive, and satisfied is to place a priority on investing in both personal and professional growth. The effort you put into consistently investing in yourself plays a large role in determining the quality of your life now and in the future.
1. Develop your skills
Improving your skills doesn’t always mean investing in higher education, though that’s surely an option, and perhaps a necessary one depending upon your career field. Investing in your knowledge and skills can take many forms. In addition, expanding your level of knowledge and skill isn’t limited to the business arena and doesn’t necessarily need to be formal. There are many “skill investment” avenues.
• Advance your education – extra classes, advanced degrees, relevant certifications, are all valuable investments. Take classes, either in person or online.
• Utilize available training – enroll in workshops, attend conferences or participate in webinars.
• Expand your knowledge – there’s lots of information available on nearly any subject imaginable. Read books, articles, white papers, anything related to the talent or skill you want to work on. Keep current – stay abreast of the latest trends or advancements. Subscribe to publications, read blogs of experts, and follow the latest news.
2. Explore your creative side
There is a fountain of creativity within most of us that has never been tapped or certainly hasn’t been used to its highest potential. We may need to unearth, and hone our individual creativity. Creativity, in any form, helps us to grow personally and professionally, to view problems and solutions in different ways and to utilize other parts of our mind that may have been previously untapped. It’s important to keep in mind that creativity has many faces. It’s far broader than being a painter or sculptor; it’s also about trying new things.
• Learn a new language – take a class or use language training software
• Try gourmet cooking – enroll in a formal class, by a new cookbook, or ask someone you know who enjoys cooking in a different way.
• write something – a book, short stories, poetry, anything
• Explore the outside world – try gardening, bird watching, or landscape photography
• Enjoy music – play an instrument, learn a new one or join a music group of some kind.
• Create something tangible – paint, sculpt, make pottery, make jewelry or design your own clothes.
Choose some form of activity that you have never tried, haven’t practiced in years, or have never explored fully.
3. Nurture your mind and body
Nurturing both your mind and body allows you to have more to give now and in the future, more energy, more knowledge, more compassion, more ideas, greater strength, physical and mental endurance.
Expand your mind. Learning new things and keeping your mind active even in simple ways helps to grow and maintain your mental ability.
• Read – anything and everything
• Explore culture – attend performances, listen to different style of music, travel, or join an organization or group comprised of people from different backgrounds.
• Open your mind – engage in conversations with those who disagree with you. Look at an argument and try to make a case for the opposing point of view.
• Keep your mind active – play word games, (yes, even Words with Friends counts,) board games that include strategy, or try using your brain to perform simple calculations rather than relying on a calculator.
Care for your body. Your body is like a well-oiled machine. If you care for it in the way that you might maintain an expensive car, it will perform marvelously and last for a very long time. Remember the basics:
• Give it high quality fuel –translation: make healthy food choices as often as possible. What you eat does play a large role in your energy and ability to perform. You truly are what you eat.
• Don’t push it too hard – translation: rest and relax often, slow down and don’t overload your system. Also, don’t shift gears too quickly; it causes stress and damage to “your machine,” A.K.A. your body.
• Get regular and necessary maintenance – translation: go to the doctor when your sick – don’t put it off until you totally break down. Better yet, use preventative maintenance; get check-ups, take appropriate vitamins and pay attention to irregular or erratic behavior.
• Polish the exterior – translation: take care of the outside too. Many people dismiss this as frivolous and self-indulgent, but it’s not, as long as you don’t go overboard. We’re not talking about facelifts and Botox, we’re talking about getting a fabulous haircut, and wearing clothes that make you feel confident and attractive.
Investing in yourself truly makes a difference in your life, your well-being, and your ability to thrive and perform to the best of your ability. The extent to which you invest in yourself, mind and body, not only shapes the way you interact with the outside world, it often reflects the opinion you have of yourself. Your future is in large part determined by your willingness and ability to invest in yourself now. Learn more www.ladacrowdfunding.com
I’m about to reveal something super powerful to you. It will open up a whole new world for and it will probably change your life (for the better). I have discovered a very big secret when I was just 19 years old. I was just a kid when I discovered the secret to financial freedom.
I know…not many people are so lucky, but now you have the opportunity to learn my exact secrets for making more money than you can imagine.
Before I get into the what it is, I need to warm you up a bit. How sick and tired are you about your current financial status? How sick and tired are you of not having enough money to buy luxury items you desire? How sick and tired are you?
Pretty much fed up right? I was in the same position you know. Yeah, I was in the same exact position as you.
– Completely broke.
– No parents to run to.
– Horrible Job.
– A future to take care of.
You see, I had some family problems (early death of a father) that led me to basically take care of myself. At the age of 19 you don’t really know what to make of a responsibility like that. I mean…it was my life… the biggest responsibility of all.
I had to work to save money for college. I never had enough money for anything else, not even a social life! How horrible is that? I’m sure you can relate to the financial situation in some sort of way right?
Well…I’m here to tell you that you can finally stop worrying. I’m going to share with you my secret to success.
So what is this secret?
It all came to me in the post one day. I remember taking the mail out of the mail box one Tuesday. Never in my wildest dreams did I think that FOUR WORDS were going to change my ENTIRE LIFE.
I opened the mail and I got a direct sales letter. The headline read, “Start An Online Business”.
The lights went on. The fireworks went off. The shovel hit the dirt.
Those 4 little words paved my entire life ahead of me. A life full of happiness and money.
I realized that I DON’T need a fancy degree or even a lot of money to start my own online business. I realized that I can make REAL money in a virtual world!
So my question goes to you again. Are you sick and tired of not having ENOUGH money?
Well then start an online business! I cannot emphasize this more. Start your very own digital online business NOW. You don’t even need a product in order to start an online business. It’s known as Network marketing and with the right training, you can seriously cash in with that method.
TAKE ACTION NOW!
The very first thing you need to do is WANT to succeed. You need to want it really bad.
Here are some benefits of making money on the internet:
1. You are your own boss (beat that!)
2. You’ll have more time for yourself
3. You’ll have more time for your friends and/or family!
4. You’ll have LOADS of money to burn!
5. Live the life of your dreams.
Ok so how do you successfully start an online business?
God truly wants you to be a blessing to other people during these bad economic times. God wants us to be helpers to One Another By sharing with them Our Money Feeder, a Cash Leveraging, Cash Flow System that you can “Pay it Forward” to bless others.
You can have everything in Life you want If you will help enough people get what that want. Zig Zigler
There you have it…start an online business with us at:
THE LADA GROUP 2 X 2 MATRIX
Why did Jesus send his disciples out in pairs to preach the gospel?
Biblical Meaning of Numbers: The Number 2
The reason is that two people provide a valid witness instead of just one person (Matthew 18:20).
The disciples were called not only to be Jesus’ companions but also to be his witnesses to all of His teachings, miracles, etc. They were called and chosen to give a first-person testimony about Jesus’ whole ministry. The number 2 conveys the meaning of a union, division or the verification of facts by witnesses
The Lada Group 2 x 2 Matrix teaches you Personal Development and Financial Mastery and How To bring 2 and then teach those 2 how to bring 2 and teach those 2 using Referral Marketing. For every two that you teach how to bring two and teach two you make $100 over and over. Just teach your two that you will be with them will they get ready to bring in their two. Never try to introduce our group to someone by yourself. YOU NEED A WITNESS.
The Sixth Day: Creatures on Land
…27God created man in His own image, in the image of God He created him; male and female He created them. 28God blessed them; and God said to them, “Be fruitful and multiply, and fill the earth, and subdue it; and rule over the fish of the sea and over the birds of the sky and over every living thing that moves on the earth.” 29Then God said, “Behold, I have given you every plant yielding seed that is on the surface of all the earth, and every tree which has fruit yielding seed; it shall be food for you;…
God gave us all a Talent when we were created on this earth. Some get more than others.
Matthew 25:15 A talent was a monetary unit worth about twenty years’ wages for a laborer
Your Talent is worth $500,000 to $1,000,000 million dollars. Example let’s say you have a job that pays you $25,000 a year after 20yrs you have $500,000 dollars. God wants to know what are you doing with the money. God wants us to be fruitful and multiply our money. Not being a consumer and spending our money. He wants us to Invest into one another. Multiplication starts at 2. We all have some money maybe not enough. We must learn to put our money together and let it work for us in a Leveraging and Duplicating System. You don’t have enough time in this life to work for someone else all your life and expect financial freedom. If you put your money in the bank they take your money and put it to work for them. Now with the LADA Group your money will work for you in our Cooperative Economic System.
Matthew 25:14-30 English Standard Version (ESV)
The Parable of the Talents
14 “For it will be like a man going on a journey, who called his servants and entrusted to them his property. 15 To one he gave five talents to another two, to another one, to each according to his ability. Then he went away. 16 He who had received the five talents went at once and traded with them, and he made five talents more. 17 So also he who had the two talents made two talents more. 18 But he who had received the one talent went and dug in the ground and hid his master’s money. 19 Now after a long time the master of those servants came and settled accounts with them. 20 And he who had received the five talents came forward, bringing five talents more, saying, ‘Master, you delivered to me five talents; here I have made five talents more.’ 21 His master said to him, ‘Well done, good and faithful servant You have been faithful over a little; I will set you over much. Enter into the joy of your master.’ 22 And he also who had the two talents came forward, saying, ‘Master, you delivered to me two talents; here I have made two talents more.’ 23 His master said to him, ‘Well done, good and faithful servant. You have been faithful over a little; I will set you over much. Enter into the joy of your master.’ 24 He also who had received the one talent came forward, saying, ‘Master, I knew you to be a hard man, reaping where you did not sow, and gathering where you scattered no seed, 25 so I was afraid, and I went and hid your talent in the ground. Here you have what is yours.’ 26 But his master answered him, ‘You wicked and slothful servant! You knew that I reap where I have not sown and gather where I scattered no seed? 27 Then you ought to have invested my money with the bankers, and at my coming I should have received what was my own with interest. 28 So take the talent from him and give it to him who has the ten talents. 29 For to everyone who has will more be given, and he will have an abundance. But from the one who has not, even what he has will be taken away. 30 And cast the worthless servant into the outer darkness. In that place there will be weeping and gnashing of teeth.’
Rules can be a good thing. They keep us out of trouble and help us avoid making
major blunders. Your investments are serious business. Your financial well-being and
retirement are largely dependent on your ability to invest your money effectively.
The golden rules of investing will serve to elevate your thinking when it comes to
your investing practices.
Consider these guidelines before you make another investment:
1.Know your starting point. What’s your net worth? Before starting any race, you
have to know where the starting line is located.
Take regular measurements of your financial situation to gauge your
2. Avoid investing in a business or financial instrument you aren’t able to
understand. Warren Buffet has made it a point to never invest in high-tech
companies for the same reason. If you lack an understanding of derivative
products, that would be a good reason to stay away from investing in them.
If you’re unclear about the fundamentals of an investment, how will you
know if it’s a good investment or if and when you should sell it?
3. Try not to invest and forget. Most investments require regular monitoring and
assessment. Market conditions can change, so try to remember to check on all
The company whose stock you purchased might suddenly start taking on a
lot of debt.
1Stay on top of the latest news and make any necessary adjustments to
4. Look past the price and the past returns. The real value of an investment isn’t
always evident by looking at the price or past performance. Take the time to dig
in and see if an investment has real value.
Sometimes an investment is underpriced because it’s a great buy.
Sometimes it’s underpriced because it’s junk.
5.Remember to consider inflation. Most investors forget to consider the effects
of inflation when choosing investments. Investing is looking toward the future,
so inflation is an important consideration.
6. Always have the insurance coverage you need. Few things can disrupt your
finances and ability to invest more profoundly than an unforeseen disaster.
Whether it’s a medical emergency, a tornado, or someone suing you
because they slipped on your sidewalk, you want to have adequate
insurance coverage to take care of it.
7.Make tax planning an ongoing process. Most people only plan for taxes at tax
time. However, the wise investor considers tax issues throughout the entire
Whenever you make an investment, consider what the tax implications
A little bit of forethought can mean thousands of dollars in April and you
can beat the tax man at his own game.
28.Have preparations in place for financial emergencies. If you lost your job
tomorrow, how long could you last financially? Would you be forced to sell your
portfolio and start over? If you lack an emergency fund, consider starting one as
soon as possible. When you need it, you’ll be grateful that you have it.
9.Retirement savings should take precedence. When retirement savings isn’t a
priority, you usually won’t have much of a retirement fund. We’re all prone to
putting things off until tomorrow. Start preparing for your retirement today.
Make your retirement a priority and you’ll live comfortably in your golden
Keep these 9 golden rules in mind to increase your investing success. Retirement
comes quickly, so try to put these rules into effect quickly.
Investing doesn’t have to be complex, but it does require discipline and planning. These
rules provide a framework that will allow you to stay on track.
I’d like to share a few thoughts and then refer you to several resources that go into some detail regarding starting and maintaining a stewardship ministry.
1. Understand the importance. There are thousands of verses about money in the bible. Jesus talked about it more than any other topic except the Kingdom of God. Money is the chief rival god in many of our people’s lives. Materialism mimics a competing theological construct with its gospel (good news) that “Things bring happiness” and its god of money – the “almighty dollar” with its promise of security.
At stake is whom do we serve? (Matt 6:21); where is our heart? (Matt. 6:24); and to where will our love of money lead? (1Tim.6:10).
We must grow in our understanding of how deeply interrelated our relationship to our money is to our relationship to God.
2. Have pure motives. The purpose of a stewardship ministry is not to get people to give more money to the church! People need to know what we want for them before they hear what we want from them. What we want for them is joy, peace and freedom in an area of their life where those attributes are seldom found.
When a stewardship ministry succeeds in helping people understand a biblical perspective on their material resources and equips them to integrate those principles into their lives, giving will increase – sometimes dramatically. But that is a secondary outcome of the ministry as opposed to its purpose.
3. Stress that the ministry is for everyone. Perception can often be that this is a ministry just for folks in deep financial difficulty (and who wants to admit that?). Wealthy or poor, folks often have very little knowledge of a biblical perspective on earning, giving, saving, debt and lifestyle. And one can have a very large income stream and be a very poor manager of their financial resources. Stewardship ministry is for everyone!
4. Understand the ministry is more than just a workshop a couple times a year. A strong and mature stewardship ministry will teach Financial Literacy that offer a broad range of offerings such as preparing for later life, raising children to be good stewards, dealing with consumer debt, spending wisely, being prepared for one’s death and a host of other possible topics.
The strong ministry also has a trained cadre of budget counselors who can meet personally with folks who are attempting to change their financial behavior but need support and encouragement in doing so.
5. Find the person with a passion to lead the ministry. My experience tells me there are those in every congregation who have a passion and the gifts for this kind of ministry. Good theology says so, too! But because of the average church’s silence on the topic, those folks just never dreamed there was a place for their passion and gifts to be exercised. Sound the call and they will respond!
F.A.Q.’s For The Infinite Banking Concept
AKA 770 Account
1. How Much Income Do I Need To Have To Get Started? The Infinite Banking Concept/”770 Account” can be utilized for individuals and families of nearly all income ranges. That said, the more discretionary income you have (money left over all expenses have been paid), the more successful you will be with this strategy. Remember, it’s not how much you make, it’s how much of it you keep. Traditionally, the Infinite Banking Concept (IBC) has been a strategy for the wealthy because there are no rules or restrictions limiting the amount of contributions like with a 401k/IRA.
2. What is the purpose of the Infinite Banking Concept/770 Account? At the end of the day, the Infinite Banking/770 Account strategy is about re-directing money that you would otherwise send to banks and instead put that cash flow back into your own private banking system. All families would benefit from putting their savings where it could grow uninterrupted for life instead of having to stop and start when life throws a curve ball. (In more simpler terms, this strategy is tax-favored savings account with a death benefit attached to it. I encourage you to think far beyond opening a 770 Account if you going to use just as a better savings account. Money in motion has far greater value than idle money. Hint: Think like a banker!) Taking back the banking function you have given to your bank is a novel concept for everyone. Why? A lack of financial education has lead us to believe that banks are not only a safe place for money, but the source of financing to get us through life. Outside of a checking account, there is no reason you should ever deal with a bank! One of the best long-term benefits of the 770 Account/IBC is the tax-free death benefit which can help improve a families wealth class from one generation to the next. Without this generational transfer, most families are left no better off than their previous generation. The short-term benefits are tax-favored contractual growth and liquidity. Everyone can and should have access to such benefits.
3. How much does it cost to get started? There is no upfront out-of-pocket fee to work with the 770 Account/IBC Authorized Advisor unless an advisor charges a fee. My company, JLM Wealth Strategies, does not charge a fee for design or implementation and instead is paid a commission by the financial institution the advisor chooses for the strategy. The commission is based on the annual base premium which for a 770 Account/IBC policy is typically a 50-70% reduction in commission compared to financial professionals who offer a Whole Life contract without the proper design. The correct design will allow you to accelerate the cash values from day 1 by reducing the commission of the advisor and re-directing that money back to your account. It pays to work with an advisor who can not only teach you how Infinite Banking works to protect, grow and transfer wealth, but also who is not concerned about fattening their wallet at your expense.
4. What is the minimum needed to open a 770 Account/IBC contract? What is the maximum? The minimum is approximately $250 per month. We have clients who are putting well over $100,000 a year into their contracts. These answers varies depending on the savings, cash flow, and assets of each person. It can be customized to fit your individual needs and wants.
5. Can the policy be canceled without penalty? Yes, if you have the correct type of contract. The only type of cash value life insurance policy that does not carry a surrender charge period is a Whole Life policy. Universal policies typically have a surrender period of 10 years or longer resulting in a surrender penalty if the contract is canceled before the surrender period ends.
6. Isn’t Whole Life more expensive than Term and Universal Life? A 770 Account/IBC policy compared to a traditional Whole Life policy sold to the public has a much lower annual base premium. This design minimizes the death benefit and, therefore, the cost of insurance inside the contract. Not only is the death benefit minimized but the premium is guaranteed to never increase for the life of the contract. (It is worth noting that since the death benefit is minimized, you are able to take dollars that would have otherwise supported a much higher death benefit and instead re-direct that excess money into a Paid Up Additions Rider which supercharges the cash value growth inside the contract. This design creates the most efficient way to accumulate capital within the contract while also providing you with a lot funding flexibility.) Term life insurance policies offer only death benefit protection for a set period of time. There is no cash value to be accessed. Ultimately, the lowest cost policy over the long run are not term policies. Less than 2% of all term policies pay a death benefit. All universal contracts contain a term “chassis”. Essentially, you are buying renewable 1 year term insurance coverage for the rest of your life. The cost increases with age getting exponentially more expensive as you enter your traditional retirement years. This is increasing cost component is one of the reasons why no type of universal policy is endorsed for the 770 Account/Infinite Banking strategy.
7. What if premium payments cannot be made because of job loss? In the event of a job loss, premiums still need to be paid. However, since the monthly required base premium is typically 50-70% less than with a typical Whole Life contract the public buys, cash value is building from day 1. Instead of the being the slow growth contracts financial entertainers like Dave Ramsey and Suze Orman lambast on a regular basis, a 770 Account/IBC contract has substantial cash values available to offset the inability to pay premiums in the event of a job loss for many years. In the event of a job loss, the owner of a 770 Account/IBC contract will have 3 options to pay premiums: borrow from the available cash value, surrender death benefit, or utilize the dividend to offset payment. Whole Life locks in the premium and guarantees that it will not rise for the life of the contract. Each year, the cash value is guaranteed to grow. With use of a Paid Up Addition’s rider, the cash values will increase at an exponential rate allowing the contract to have a cash value equal to premium outlay sooner than with a traditionally designed Whole Life policy.
8. Is a health exam required to open a 770 Account/Infinite Banking contract? Yes. A paramedical exam must be completed for the insurance company to fully underwrite your policy. The exam is usually takes 20 minutes and can be scheduled at the comfort of your home.
9. I have poor health. Do I have to be insured to be the owner of a policy? You can be the owner of a life insurance policy and not be the insured. For example, a family member like a mother, father, child, grandchild, sister, and brother.
10. Is there an age limit to start a policy? Yes, it varies on the insurance company. Typically, life insurance stops being offered by the 80th year of life. In rare cases, age 85 is the final year it can be purchased.
11. Can a 770 Account/Infinite Banking contract be owned by a trust? Yes. We can refer estate planning attorneys who specialize in living trusts and advanced estate planning scenarios.
12. Can the 770 Account/Infinite Banking contract be split between different beneficiaries? Yes. Also, beneficiaries can be changed in writing by the owner after the policy has been issued.
13. Can other assets/investments be re-positioned into a 770 Account/Infinite Banking contract? Yes. Careful consideration must be given before the sale of any assets and investments. 770 Account/IBC policies can be designed to incorporate large inflows of premium.
14. When you pay yourself back, are you paying yourself interest? No because you are not actually borrowing your own money when you take a policy loan. You are borrowing against the cash value you’ve built up in your 770 Account/Infinite Banking contract from the portfolio of the life insurance company. Therefore, your money stays with the life insurance company where it continues to compound for you. (Also, it’s important to note taking a policy loan with your cash value acting as collateral is also a non-taxable event. Plus as a policy owner, you have the ability to set your own repayment schedule. You are the banker.) I would also add that “paying yourself back” or “paying yourself extra interest” are simply euphemisms to help explain the benefit of paying your policy loans back quicker. Additional “interest” you charge yourself on loan repayments will simply accelerate the pay back of the loan allowing you to re-capitalize your contract quicker. This allows you to take additional loans concurrently or again in the future as needed. Once your policy loan is re-paid, your entire monthly loan payment can now be directed towards the Paid Up Addition Rider of the contract. This strategy of “charging yourself more interest” is essentially a forced savings strategy meant to harness and reinforce the habit of saving money by capturing your newly created cash-flow from the paid back loan before it can be diverted and lost forever to newly created expenses. This is referred to by Authorized IBC Practitioners as overcoming Parkinson’s Law.
15. What is the difference between a mutual based and stock based life insurance company? A mutual-based life insurance company is owned by its policyholders. A stock-based life insurance company is owned by shareholders and makes decisions that can benefit shareholders before policyholders. Only a mutual based life insurance company is recommended for the 770 Account/Infinite Banking Concept.
16. What is the difference between a non-direct recognition vs. direct recognition dividends? A non-direct recognition dividend is unaffected by an outstanding loan. A direct recognition dividend is can be reduced if a policyholder has an outstanding loan. The amount of the reduced dividend reduction varies by insurance company and can be different each year.
17. Does your money grow faster with one large policy or multiple policies? The compounding effect of large numbers favors larger numbers. That being said multiple policies create a pool of money. When all aggregated together this pool of money will compound annually in the same manner as one large policy. Start funding your banking system by what you can afford to save comfortably. You can add more policies later health permitting. Should health be an issue, you can look at being the owner of a policy on someone you have an insurable interest in.
18. I am considering a 529 college savings vehicle for my child. Are there any advantages to starting a 770 Account/Infinite Banking contract instead? Absolutely, yes! First, giving your child the gift of life insurance locks in their insure-ability for life. With more children being diagnosed with autism, Children’s Diabetes, and other heartbreaking illnesses, you have the ability to lock in a child’s policy while healthy giving them more financial options later in life. Second, the money saved in a 770 Account/Infinite Banking contract is protected from stock market loss. An IBC policy provides contractual guarantees and predictable growth every year. 529 accounts will fluctuate based on the performance of mutual funds offering no such guarantees. Third, if your child decides to use the money for something other than higher education, the money in a 529 account will be taxed AND penalized. The cash value in a life insurance policy can be used tax-free no matter what the funds are used for. Never underestimate flexibility. Fourth, unlike a 529 account, a life insurance policy is not considered an asset under the financial aid formula colleges use thereby allowing your student to potentially qualify for more grants or aid offered by universities. Finally, giving your child the gift of controlling their financial future by the time they are a young adult will be absolutely priceless. Imagine if you could have had the benefit eliminating banks from your life at an early age?
19. How Do I Get Started or Open A 770 Account?
Please contact us at the LADA Group for how to get started: firstname.lastname@example.org