{"id":1655,"date":"2018-01-26T03:00:41","date_gmt":"2018-01-26T09:00:41","guid":{"rendered":"http:\/\/kerryaclark.com\/?p=1655"},"modified":"2018-09-05T18:24:37","modified_gmt":"2018-09-05T23:24:37","slug":"seeing-gives-you-an-advantage","status":"publish","type":"post","link":"https:\/\/www.kerryaclark.com\/blog\/seeing-gives-you-an-advantage\/","title":{"rendered":"Seeing Your Loans Give You An Advantage"},"content":{"rendered":"

The 5 Basic Financial Categories – Part 4<\/span><\/h2>\n

Have you ever wanted to know how much money you spent in a given month on your loans? \u00a0I have and do. \u00a0What about knowing how much you have left on each of the loans or debts you have? \u00a0I\u2019ve learned that there is just some information you should know and have ready at your fingertips, but this just doesn\u2019t happen automatically.<\/span>
\n<\/span>
\n<\/span>Our History, Our Pain<\/b>
\n<\/b>There was a time that we didn\u2019t know off the top of our head how many debts we had. \u00a0Just like most we would have to stop, think really hard and make a quick assessment. \u00a0We have… <\/span><\/p>\n

a house payment,<\/span>
\n<\/span>car note,<\/span>
\n<\/span>student loans,<\/span>
\n<\/span>debt consolidation loan.<\/span>
\n<\/span><\/p>\n

What\u2019s scary is that most people have more loans than the ones I\u2019ve named above. \u00a0Keep in mind we\u2019re talking about loans and not including the credit card debts. \u00a0At any rate, here was our problem. \u00a0We had no way of seeing how much we pay each month or how much was remaining on the debt. \u00a0We\u2019d have to wait on statements or go to each website to check. \u00a0How time consuming and counterproductive. \u00a0Is this you? \u00a0We needed this information readily available if we were going to make a plan to ever rid ourselves of this debt.\u00a0\u00a0<\/span>
\n<\/span>
\n<\/span>You will find yourself fighting an impossible financial battle if you don\u2019t have a way to see the big picture-all your finances in one place<\/a>. \u00a0This is why we use a tool called Mint. \u00a0It places the information we need about our loans at our fingertips-all in one place<\/a>. \u00a0\u00a0Here are a few pieces of information we needed to know and how we use that information.<\/span>
\n<\/span>
\n<\/span>\"\"Mortgage.<\/strong> \u00a0Let\u2019s start with our mortgage<\/a>. \u00a0That saying \u201cout of sight, out of mind\u201d is so true. \u00a0We had gotten to a place where we had no idea of what the payment was from year to year. \u00a0It was changing and we had no way to keep it in front of us. \u00a0We didn\u2019t have a method to see what percentage of our income this mortgage<\/a> was taking. \u00a0We didn\u2019t keep an eye on the remaining balance and most importantly [at least with a mortgage] the interest rate. \u00a0With Mint, it gives us a way to keep the mortgage in front of us. \u00a0We can see visually where we are and how we can make an impact on this [what seems to be] never-ending and very large loan. \u00a0With this focus, we can pray specific prayers to God about how much we have remaining and seek His wisdom on how to keep it from letting our finances get out of control. \u00a0If I were you, I\u2019d make certain to add your mortgage to your prayer list. \u00a0Just think about it, what if you were able to eliminate this from your budget? \u00a0How much different would your life be? \u00a0Without a plan and certainly without a focus on it, it will remain around for many years to come.<\/span>
\n<\/span>
\n<\/span>Auto Loans.<\/strong> \u00a0My wife, Pamela, and I because of Mint [being able to see our finances all in one place<\/a>] were able to make a financial decision to never have more than one auto loan at one time. \u00a0So here\u2019s an interesting scenario that occurred. \u00a0One of our vehicles was totaled due to an accident. \u00a0The problem was we already had a loan on our other vehicle. \u00a0After evaluating how much [little in this case] remained, we were able to pay it off in order to stay true to our decision to only have one car payment<\/a>. Without Mint, this would not have been possible. \u00a0We knew how much was left and how much time remained to reach the payoff. \u00a0It was an easy decision. \u00a0Mint keeps us on track with meeting our goals. \u00a0Do you know how much of a difference having your finances in front of you makes? \u00a0It\u2019s worth doing. <\/span>
\n<\/span>
\n<\/span>BTW – these tips and principles will work for any loan. \u00a0You just need a system that works for your life, your family, your business.<\/span>
\n<\/span>
\n<\/span>Today is Friday!<\/span>
\n<\/span>In this fast pace world in which we live, having the information we need is vital. \u00a0You need the financial information about your loans at your fingertips if you desire to make the best of your life, your family, your business. \u00a0No one else is monitoring this for you. \u00a0There\u2019s no staff or personnel who\u2019s responsible for keeping your loans in check and your finances in order. \u00a0That\u2019s your job. \u00a0Use whatever tool you have available to execute your family\u2019s plan<\/a><\/span>.<\/span><\/p>\n

The Family Plan Binder<\/a>\"\"<\/a> is available now!

<\/p>\nOur team has worked very hard putting it together. We designed it to help you and your family move the needle forward in making your life your business. \nFind out more about the Family plan here.<\/a><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

The 5 Basic Financial Categories – Part 4 Have you ever wanted to know how much money you spent in a given month on your loans? \u00a0I have and do. \u00a0What about knowing how much you have left on each of the loans or debts you have? \u00a0I\u2019ve learned that there is just some information […]<\/p>\n","protected":false},"author":2,"featured_media":1656,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,51,50],"tags":[63],"class_list":{"0":"post-1655","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-accounting","8":"category-mint","9":"category-the-5-basic-financial-categories","10":"tag-mint","11":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.kerryaclark.com\/blog\/wp-content\/uploads\/2018\/01\/20180126-TIF-Blog-The-5-Basic-Financial-Categories-Part-4.png?fit=760%2C360&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4jb7V-qH","_links":{"self":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/comments?post=1655"}],"version-history":[{"count":8,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1655\/revisions"}],"predecessor-version":[{"id":2001,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/posts\/1655\/revisions\/2001"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/media\/1656"}],"wp:attachment":[{"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/media?parent=1655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/categories?post=1655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kerryaclark.com\/blog\/wp-json\/wp\/v2\/tags?post=1655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}