Money Management – Invest the investment

• BBR Productions Inc : Money Management – Invest the investment

When a dollar becomes two then make the best of that gain. Wealth comes from investments. Smart investments come from organizing money so there is cash flow to play with. As investments earn income there are smarter ways to utilize that capital gain. Two specifically. 1) Take off the top from the initial investment, and reinvest it. 2) Organize the capital gain into the 3 Needs of Purpose.

When investments earn that capital gain this difference should be taken off the top. Leave the original investment to continue according capital gain throughout the year. That difference off the top can be reinvested into other assets to allow growth in an investment portfolio. Diversifying future investments helps to protect and can help secure a successful risk free attempt.

Capital gain can also be placed into the 3 Needs of Purpose to help add to Security, Growth, and Dream. Working to continue to protect future investment risks, unforeseen issues, and keeping stress levels down. Growth is allocated money dedicated to investments and thus is play money for such opportunities. Dream is designed to give any person a chance to reward themselves.

PS... Can you find the monkey?

Call our office : 631.599.2263

Or Email : AskMe@BBRProductions.com
Visit our website : BBR Productions Inc

Money Management – Cover your expenses

• BBR Productions Inc : Money Management – Cover your expenses

Figuring out a budget creates monthly caps which are based on a monthly average. Normally it is suggested to take 3 months and average them out. However, a full year gives a better overall example of an average monthly budget. By taking the Monthly Average and multiplying it by 3, it sets a cap total for covering expenses up to 3 months.

This money saved is known as a 'Safety Net'. Or total covered expenses. The best way to approach a Safety Net is by maintaining 3 months of capital into a designated account. Always maintain 3 months worth of capital within this account. While any money over expenses can now be placed in 3 other accounts known as the '3 Needs of Purpose' : Security, Growth, and Dream.

Continuing this process helps to grow strength in fueling a long lived company/life. Allow Security to protect calculated opportunities to risk chances. Growth is allocated moneys to place into investments. Stay aware of small investments; Stocks, Bonds, Mutual Funds, Intellectual Properties. Then move onto larger investments; Real estate, Businesses, I.O.U.'s, and Commodities.

Call our office : 631.599.2263

Or Email : AskMe@BBRProductions.com
Visit our website : BBR Productions Inc

The $100,000 Game

• The $100,000 Game

Rule of thumb: If you don't have it in hand, you don't have it to spend. Just because money is coming in, does not mean it will continue to come in. We must spend as if it is not definite. When you have an interest to purchase or spend money, look at your life in the future. Six months into the future. If you lost your job, stopped earning money through asset investments, had no form of money coming in anymore starting today, could you pay off all your bills to a zero balance and survive for 6 months? If the answer is NO, than it might be a bad risk to take. Invest into an Asset to generate extra income to pay for things you desire. In time, your patience, and your investment will be strong enough to buy anything you so wish for. Why do we invest money, instead of spending money? Rule of Thumb: Spend less than you save. The $100,000 Game. Get out a piece of paper, then write down what you would do with a $100,000 given to you free and clear. Write it out, then come back to this point. below are things you may have written.

• Pay off all my bills, loans and other debt

• Buy a car(s)

• Buy a home(s)

• Treat myself to something special, I've earned it

• Give some money to charities

• Help out family and friends where I can

• Buy the company I work for and fire my boss!

• Purchase an Island and live there

Here is why these are all uneducated purchases. These are all liabilities and cost you money to maintain, have, or do. They are not Wealth generating Assets. If you buy all of these things and pay off all your bills what happens to the $100,00 dollars? Where does it go? Why spend the money till you have none. Then you would have to recoup that income just to get back on your feet. How about using this money as a “Bonus” Take 60% of that $100,000 and divide it into your 3 Needs of Purpose. That's $60,000 you have just created opportunities with. You are left with 40% to do what you wish. I would utilize this 40% to sustain your life through a continuous budget that you have generated. With that mentality, you are still living below your means, surviving and giving yourself protective opportunities.

At this point, you now have money to invest, while having money protecting you. The left over $40,000 is money you are spending wisely to keep you living without worry or fear. Living within your means is a educated move. With money in your Growth need, start investing that money to earn spending money. Because money earned on investments is considered your play money. This is the Shave it off the top money you can delegate how ever you please.

Feel free to ask other people the same questions and compare answers.

• Read 3 Needs of Purpose to understand the 60% divide.

PS... Can you find the monkey?

Call our office : 631.599.2263

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