I have updated my Cash Flow chart and have an accelerator margin of $297. I'm still not sure how except that I had to take larger dividends from the company to pay for a large car expense and property taxes for our vacation property. And then there was the holiday and Christmas coming up.
Our goals are that we are financially independent by 2012. We will have at least 5 investment properties and on our way to having a fully funded retirement fund. To get there I am learning how to monitor my expenses and income from the Prosper learning system so that I have more control of where my money is going and where I need to cut expenses. It is a daily activity. I am learning a lot about investing that I did not know before and am starting to feel more confident to move forward and actually begin. I am also learning that for this to work, I have to stay very focused on our goals and let nothing get in the way, which is not an easy thing to do, but first we have to pay off our son's student loan and now a VERY large credit card bill.
Rindy & Jim C.
Friday, June 13, 2008
Prosper Learning Success Stories - Prosper Learning Student Learning A Lot
Prosper Learning Success Stories - Prosper Learning Has Changed Our Attitude
Our projected time to payoff our debt of over 500,000 is November 2015. So far we have paid of two bills and are in the process of paying off the third by the end of December 2007. Our accelerator margin is currently 1,400 and by adding any extra income, we believe this gold may be reach even sooner than the projected date. Working with our coach and the tools provided, has opened our eyes and appetite to learn new financial techniques. We cannot wait to see our bills paid off and begin the wealth building process
Lindsay & Jemma C.
Prosper Learning Success Stories - Prosper Learning Internet Student Gets A Sale!
Internet Student Gets A Sale!! I am pleased to inform Prosper Learning of 1 sale yesterday and 2 today. And, I just received an opportunity to sell counter top and portable refrigerators that have the wraps for Ohio State. I was sad to learn that the golf bag company has decided not to use any more college specific site though.
Barb
Prosper Learning Success Stories - Prosper Learning Taking Me To Next Level
In the past we viewed credit as a “have to.” Meaning we had to have it in order to get things quicker. We now have a different attitude. We have cut up our credit cards and have closed some accounts which we found difficult to do. However doing this with Prosper Learning this was a step necessary to take us to the next level. Credit is also the banks way of getting rich off of us.
The thing that has helped the most is keeping track of our spending and going through the tax information. The tracking has helped us because it gives us a better perspective on were our money is going. Using cash has also limited our expenses.
Our margin is currently at $369 and our Debt Free Date is March 2016.
Some of our 90 day goals are to further develop our on-line business and pay off the Chase Credit Card.
Darrell H.
Prosper Learning Success Stories - 3 Orders in 2 Days!
Barb
Prosper Learning Success Stories - $7600 in Only Two Weeks
$7600 in Only Two Weeks!! Thought I would tell Prosper Learning about a couple of recent trades. I bought ten put contracts of Home Depot on 11/6 and sold them three days later for a gain of $869.95! I also purchased 8 calls on Priceline on 10/29. I sold them on 11/9 for a huge gain of $6,769.87! I am looking forward to talking to you Thursday
Garrett C.