Jerry’s 10 Step Financial Freedom Plan: 

BREAK FREE from the financial cage!

Hey it’s Jerry Goins back with my new 10-Step Financial Freedom Plan! Yes you are hearing it here first peoples!

The premise of this plan is to start “where you are” and work your way up from there. No matter if you are a real estate investor or just getting out of high-school, this plan can help you go to the next level with your finances.

So let’s get into it:

1. Get you some monies. It’s really as simple as that lol. Work for it, borrow it, beg for it, just don’t steal it . A job is a phenomenal tool to help you start the path to financial freedom but how many stop here? That’s why these steps are so important!

2. Use some monies to fix your credit. Credit is the building block of the American Dream! You have to start with your credit if you want to find financial freedom. The main thing here is to fix your credit you have to educate yourself and then be disciplined enough to battle with the bureaus and your creditors for the next 6-12 months all to get the negative, outdated, unverifiable and erroneous items off of your report. The easier thing to do here is to HIRE SOME HELP! Isn’t that what you are working for? So you can have money to invest in an easier lifestyle? Use your money wisely!

3. Use your new credit to get new monies. Now that you have gotten rid of the negatives on your report, your credit score is ready to be used as a tool to attain more money! With a 680+ credit score you can now qualify for more favorable terms on things like homes and cars! Don’t just let your shiny new score sit in the trophy case, put it to work!

4. Use new monies to buy a house and save monies on rent as you build equity. Most times your house payment for the same square footage of the place you were renting is going to be a lot less per month! Why pay more for less room in a place you cannot make a home or have pets etc… Many say the true cost of home ownership is less because you have to pay to maintain the home. However after 10 years, you will have built tens of thousands of dollars in equity! Equity is the difference between how much your home is worth and the remaining balance on your mortgage. The more you pay it off, the more equity you have and the more your home value rises the more you will have as well. You can eventually refinance and get a 2nd loan based on your equity!

5. Use saved monies to pay credit companies and they will give you more new monies. We are still disputing the negative items on your credit but there are things that you still must do on your part. The money you are saving on rent has to be split between a home maintenance fund and the rest towards eliminating as much debt as you can! Starting with the highest interest credit card, put $50 to $100 extra towards this payment. You can easily erase a few thousand in debt in less than a year of doing this trick. After you paid off one of your cards, you can move on to the next one, combining the regular and extra payment that was going to your first card to the regular payment of the next one. This is called snowballing your way out of debt! Once you have brought all of your card balances down, do not close them! The age of credit helps your score. Now you can use your cards but pay them off every month or at least down to 25% of the total available balance. When you pay off your cards every month, they are more inclined to increase your limits and give you more money! Now you should see a dramatic improvement in your score! Once you are in the 700’s now you can apply for business funding!

6. Use more new monies to invest in starting a business and make more monies. You probably have a dream business in mind but I would recommend that you start with a proven model first! Start with a network marketing company in your niche. For example if you are thinking about jewelry, look at a company that has jewelry that you can sell as a distributor or affiliate. If you want to go into financial services, start with a company like Novae and become an affiliate of their services. Now you can begin learning the industry first hand without a huge upfront investment. Build your following, learn the market, learn what people like and don’t like so when you launch your own business you will have fans waiting to buy! You might even learn that this isn’t the industry for you! What a great thing to learn before you invested tens of thousands into a business.

7. Use more monies to pay back credit companies and build business credit. One thing we teach business owners to do is to build credit for their business. Yes, your business has a separate credit score but according to the Small Business Administration, SBA, 46% of business owners dont know this! This is were you need mentorship and education so you can navigate the complex waters of business credit. Again, this is what our company does best so reach out!

8. Business credit gives you even more credit and even more monies. Many clients of ours have gone on to build substantial credit lines of $100K – $1 million dollars! Some have gone on the get the acclaimed Business Platinum American Express card which is only 2nd to the famous “Black Card”! Did you know that you can also do what’s called a balance transfer and move debt from your personal cards over to these new business credit cards to increase your personal credit score!?

9. Invest even more monies in assets that bring a return and passive income. Now monies work for you instead of you working for monies! We teach real estate investment education and asset accumulation which are key to achieving this step. Automation and leveraging inflation to grow your wealth are very important principles that every one should learn!

10. Protect your monies from lawsuits and creditors (even the IRS) so you can enjoy your life doing what you want, when you want, with who you want for as long as you want! We achieve this with a special vehicle called a family trust. Now, this isnt any ordinary trust that you get from your local lawyer… this trust has been perfected since 1990 and is actually copywritten due to it’s level of complexity! But, without a trust, all the good you have done can go in vain if someone sues you and takes everything you have… only in America right?

It all started with leveraging credit but now you have become financially free!

What step are you on? Let me help you with the next one!