November 7, 2006
It’s Not about the Money
Posted by Keith under UncategorizedYou can not put a price on piece of mind. I had four different conference calls today and most of them were making incredible money but they were amazed at what a better place they will be in a few years by implementing a debt elimination plan. None of these couples were worried about whether they were going to retire or not. The underlying goal of all my students today was piece of mind. They want to own their house. They want to not have to worry about anything except what they are investing in. Having a proven plan in place was all they needed to make their financial lives even that much better.
One couple absolutely had no problem with the concept of cashing in a 50k mutual fund that isn’t performing to pay off all of their debt except their mortgage — next month!! I asked them, “Won’t it be a wonderful feeling next month when you only have one debt bill?”
”Absolutely.”
I’m off to Houston tomorrow to speak but along the way I’ll be monitoring the elections results and listening to talk radio.
Take care and focus. Keith Phildius