One of the tools we are able to utilize when discussing the best course of action to secure your financial future is known as The Personal Economic Model®. Much as a medical doctor would use an anatomical model to convey medical concepts, we use the following model to convey financial concepts.

 

Personal Economic Model

 

This model offers a visual representation of the way money flows through your hands. On the left, you will notice the Lifetime Capital Potential tank which illustrates that the amount of money you will control during your lifetime is both large, as well as finite. Once earned your money flows directly to the Tax Filter where the state and federal governments extract tax dollars due from earnings on your monthly cash flow. The after tax balance is then directed to either your Current Lifestyle or your Future Lifestyle determined by your management of the Lifestyle Regulator. Determining the balance of cash flow between your current lifestyle desires and your future lifestyle requirement may be the most important financial decision you will ever make.

 

Here’s why.

Each and every dollar that is allowed to flow through to your Current Lifestyle is consumed and gone forever. The goal is to accumulate enough money in the Savings and Investment tanks so that by the time you retire, the dollars in those tanks can then be used to satisfy your future lifestyle requirements.

Position A would be to have enough in the tanks to live like you live today adjusted for inflation and have your money last at least to your life expectancy. That’s a win, but the icing on the cake would be to accomplish that with little to no impact on your present standard of living, and that is exactly what we strive to help our Members to do.

In working together, we can help you to address the following:

  • Optimize the balance between your Current and Future Lifestyles
  • Improve efficiency in your current personal economic model
  • Design, implement, and execute a plan to secure your financial future
  • Limit the impact on your Current Lifestyle dollars (maintain your current standard of living)

 

If you would like to explore The Personal Economic Model for yourself please contact me to set up your complimentary first visit. In addition, you may want to connect on-line through some of our Social Media Platforms – Facebook, Twitter or The Drive Planning Website!

Would you love to feel great? Of course! Our goal at The Life You Can Afford to Live is to provide you with insight and strategies to feel great and live the best life possible. Our most common focus centers around business and personal financial strategies but we can’t ignore the body that God has given to us.

 

Health Tips

 

Below are a few of the best ideas that we’ve personally used to create great health. We encourage you to make these a part of your routine since great health doesn’t happen overnight. It must be continually sought after each day. When things become routine or part of your habits they get easier but until then we must make conscious decisions to succeed.

Below are a few of the health tips that we love!

Daily Exercise

Seems obvious! Getting your heart rate up and blood pumping has such an impact on every facet of life.

Cryotherapy

This chilly experience is a game changer. 3 minutes in the Cryo Chamber reduces inflammation which is where disease thrives. The most immediate impact is a faster recovery from workouts and it dramatically reduces soreness from working out; Not to mention those aches and pains that come with aging.

Sleeping with a Humidifier

This is the easiest health tip ever. I’ve written before that this is the best health tip ever and I still believe that to be true. This nightly routine keeps your nasal passages moist thus allowing you to fight off airborne viruses that we encounter all the time. Experts say that it is good for your skin but the primary benefit is simply avoiding illness.

Daily Skin Care

Everyone wants to have a great tan but no one wants the longterm negative effects of sun damage. Utilize sunscreen daily not just when going to the pool or playing outdoor sports.

Massage Therapy

This is often seen as a luxury item however, there is substantial proof of the health benefits associated with getting a massage. Stress reduction, improved flexibility and circulation are few of the benefits of this treat.

Go Vegan

Yes, I definitely saved the most difficult for last. The greatest contributor to great health and even poor health is what we put into our bodies. As many others have done, we learned about the positive attributes of a Plant Based Diet from the popular Netflix documentary, What The Health. We personally have countless stories of those who have made this change and reduced/even eliminated medications and feel tremendous. It can be a difficult transition at first, but once you learn what and how to eat it is a lifestyle change that you will enjoy. At risk of sounding fanatical we will stop there:)

 

These are a few tips that we have gained from ourselves. How about you? Let us hear from you on any of our social media channels. Continue the conversation on LinkedIn, twitter or facebook.

 

Find additional tips at Schedule Your Success and Automation

“Wow! That persons intense!” How many times have you heard that about someone? Being intense can be a phenomenal quality. However, In my unique business role I get to “see behind the curtain” of people’s relationships, health and finances. Over the past 20 years I’ve noticed that the intense person rarely has the best results. 

 

Intensity

Consider this, you should brush your teeth at least 730 times per year. What if you said, I’m going to be super intense and take a really aggressive approach on this and you were able to knock out all 730 times within the first two months of the year? Would that work out? It’s pretty intense though. 
Intense people often talk about working out and being healthy. Many January Gym Members use their regiment as a point of shaming those who are less intense. However, what we all know to be true in the realm of healthy living is that its best when achieved over time. 20 minutes per day far exceeds the hyper intense 1x per week visit to the gym. 
Certainly I don’t want to give the impression that I’m an advocate for going slowly towards or meekly attacking ones goals. Quite the opposite in fact. However, in this time of year when New Years Resolutions are falling faster than Atlanta Sports Teams I want for you to consider creating life habits not just guilty fallout.
Guilty fallout is the unresolved desires that you stack on top of last years failed or unresolved ambitions. 
Make certain, however, that you are creating the right or even best habits to achieve your goals. I often times see, regardless of intensity, people who are working on tasks or projects that will never lead them to their desired results. This is when having a mentor proves most beneficial; Most importantly being open to hearing and responding to their guidance and a willingness to change directions.
As you get started with your 2018 plans consider techniques which will allow you to be more like the the tortoise from Aesop’s Fable. Steady plodding but all the while gaining on your goal. 
Check out Schedule Your Success or Automation to find some techniques that will assist in your journey. Because we all know that when you plan ahead things generally are more successful.