BUILD

In this initial phase of unleashing your financial powerhouse, your priority is to build a strong foundation that you can protect, a foundation which creates the financial basis for your secure future of wealth and economic power. So right now your focus will be on establishing the right mindset, planning smartly, and saving your money to create and solidify this sturdy base. There are two ways to create a strong foundation for your personal economy: The passive way and the smart money way. For example, having an immediately accessible emergency fund is a must. With the passive approach, most people might save some money in a checking or savings account, or they may open a CD. They then let the money sit. Smart money, on the other hand, saves for emergencies but at the same time looks for ways to optimize this pool of cash, and make even their checking and savings accounts earn some interest.

Smart money also builds an opportunity fund in addition to an emergency fund, providing the flexibility to diligently invest in a special opportunity in the business, investment, or real estate markets. When it comes to debt and building credit, smart money doesn’t just pay down debt indiscriminately, but manages debt and credit. It prioritizes which debt is paid first, while ensuring that your money works for you as you pay down debt. Smart money also protects from unexpected risks by transferring or limiting risk or exposure. Smart money pays attention to credit power, monitors balances and credit score, and uses the power of credit for building assets and not buying liabilities. It also covers risks and protects families, businesses and assets with legal documents and insurance instruments. Finally, with conventional passive planning, people often spend first and save what’s left. In contrast, with the smart money method you save first automatically and have the liberty to spend what’s left.

smartbuild-img1
smartbuild-img1

BUILD

In this initial phase of unleashing your financial powerhouse, your priority is to build a strong foundation that you can protect, a foundation which creates the financial basis for your secure future of wealth and economic power. So right now your focus will be on establishing the right mindset, planning smartly, and saving your money to create and solidify this sturdy base. There are two ways to create a strong foundation for your personal economy: The passive way and the smart money way. For example, having an immediately accessible emergency fund is a must. With the passive approach, most people might save some money in a checking or savings account, or they may open a CD. They then let the money sit. Smart money, on the other hand, saves for emergencies but at the same time looks for ways to optimize this pool of cash, and make even their checking and savings accounts earn some interest.

Smart money also builds an opportunity fund in addition to an emergency fund, providing the flexibility to diligently invest in a special opportunity in the business, investment, or real estate markets. When it comes to debt and building credit, smart money doesn’t just pay down debt indiscriminately, but manages debt and credit. It prioritizes which debt is paid first, while ensuring that your money works for you as you pay down debt. Smart money also protects from unexpected risks by transferring or limiting risk or exposure. Smart money pays attention to credit power, monitors balances and credit score, and uses the power of credit for building assets and not buying liabilities. It also covers risks and protects families, businesses and assets with legal documents and insurance instruments. Finally, with conventional passive planning, people often spend first and save what’s left. In contrast, with the smart money method you save first automatically and have the liberty to spend what’s left.

Passive Money Vs Smart Money

  • Emergency Fund

    Passive Money

    EMERGENCY FUND

    Safety & Opportunity Fund

    Smart Money

    EMERGENCY FUND

  • Checking

    Passive Money

    Checking

    High Yield Savings

    Smart Money

    High Yield Savings

  • Debt Pay Down

    Passive Money

    Pay Down Debt

    Debt Management

    Smart Money

    Debt Management

  • Savings/CD/MMA

    Passive Money

    Savings-CD-MMA

    Income Planning

    Smart Money

    Income Planning

  • Use Debt

    Passive Money

    Use Debt

    Risk Management Planning

    Smart Money

    Risk Management Planning

  • Wait & See

    Passive Money

    Wait-See

    Legal Docs & Contracts

    Smart Money

    Legal Docs & Contracts

Named Advisor of the year by National Association of Insurance and Financial Advisors
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