This year has been a good year. \u00a0I’ve come tantalizingly close to a neutral net worth.<\/p>\n
I’m not there yet, but the breakdown is something like this: \u00a0Payroll & Business Debt: $8,000, Consumer Debt: $0. \u00a0Education Debt $24,00 Tax (mostly Ohio) Debt: $30,000.<\/p>\n
Based on the rate I’ve been paying debt down, I’ll probably be healthy in April. \u00a0Maybe sooner if I catch some of the breaks I expect.<\/p>\n
All of these numbers were higher at the beginning of the year. \u00a0And, they are listed in the rough order I’ll be paying them off. \u00a0 When I started writing on BHB, I was more than a quarter million dollars in non-real estate debt. Staggering now that you think about it. \u00a0That’s a whole house, nice in most areas and really nice in the Midwest. \u00a0We sold our home, walked away from our lease-option (leaving thousands with the owner who was still underwater). \u00a0 We went into bunker mode, where we lived (all 4 of us) in a two bedroom apartment.<\/p>\n
That helped cut expenses which helped create a business–and helped me be able to fail with less risk. \u00a0Because getting caught up on basic needs was just a table waiting job away. \u00a0Living cheap reduces pressure and increases options. \u00a0I recommend it to all parties. \u00a0If you have a wife that lets you do that NEVER LEAVE HER UNDER ANY CIRCUMSTANCES.<\/p>\n
Anyway, it’s time to up the ante, and we’re gonna be “behavior based” in lieu of outcome based. \u00a0It’s well and good to have goals with outcomes. \u00a0But behaviors lead to outcomes. \u00a0And good definitions of “done” is what’s done.<\/p>\n
So I’m going to do 5 things each day. \u00a0This will make up the majority <\/em>of my day. \u00a0Other things matter, but not as much. \u00a0The definition <\/em>of success matters as well. \u00a0 This should take about 10 hours out of me. \u00a0Do this, and all else works.<\/p>\n Workout:<\/strong> it’s not enough to get to the gym and be listless. Intensity<\/a> is key. So, the workout needs to be as follows: 90 minutes total cardio (60 minutes intense) & a weights routine as mandated by Joey Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" This year has been a good year. \u00a0I’ve come tantalizingly close to a neutral net worth. I’m not there yet, but the breakdown is something like this: \u00a0Payroll & Business Debt: $8,000, Consumer Debt: $0. \u00a0Education Debt $24,00 Tax (mostly Ohio) Debt: $30,000. Based on the rate I’ve been paying debt down, I’ll probably be […]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-13450","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":7913,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/7913\/shop-talk-how-are-you-collecting-on-bad-debt\/","url_meta":{"origin":13450,"position":0},"title":"Shop Talk: How Are You Collecting on Bad Debt?","author":"Mark Green","date":"April 17, 2009","format":false,"excerpt":"Seeing that 2007-08 were extremely rough years in our industry, we at Top of Mind experienced a significant rise in slow-pays and no-pays.\u00a0 Ultimately, we found ourselves with high-five figure 90-day+ receivables.\u00a0 Anyone who's ever been in this position surely is aware of how uncomfortable it can be calling clients\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1024,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1024\/home-gain-helps-the-hoi-polloi-get-happy\/","url_meta":{"origin":13450,"position":1},"title":"Home Gift Helps the Hoi Polloi Get Happy","author":"Brian Brady","date":"February 9, 2007","format":false,"excerpt":"I had a chance to talk to Mark Sennott, President of Home Gift, this week. Home Gift is an affinity marketer much like MBNA. MBNA started as a credit card marketing division of the old Maryland National Bank. Their model was to offer credit cards to alumni association members that\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5613,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5613\/a-workout-loan-can-be-a-win-win-solution-to-avoiding-foreclosure\/","url_meta":{"origin":13450,"position":2},"title":"A workout loan can be a win-win solution to avoiding foreclosure","author":"Greg Swann","date":"November 15, 2008","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link). \u00a0A workout loan can be a win-win solution to avoiding foreclosure We talked last week about lender \"workout\" loans -- a scheme lenders have come up to keep homes from falling into foreclosure. The premise is simple:\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10552,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10552\/into-the-belly-of-the-beast\/","url_meta":{"origin":13450,"position":3},"title":"Into the belly of the beast…","author":"Damon Chetson","date":"December 12, 2009","format":false,"excerpt":"So I've been building a criminal practice... I've now reached the point that I'm bringing in enough clients to make that self-sustaining in terms of paying the bills and generating some income. Criminal practice is fun, but limited in terms of compensation. My intention has always been to add at\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8329,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8329\/my-own-first-hand-foreclosure-story\/","url_meta":{"origin":13450,"position":4},"title":"My own first-hand foreclosure story","author":"Greg Swann","date":"May 9, 2009","format":false,"excerpt":"On April 27th, ironically the day before BloodhoundBlog Unchained commenced, IndyMac Bank posted a Notice of Trustee's Sale against our home. I didn't know about this until this week, although I had known it was a possibility. This is really nobody's business. But as a matter of steadfast policy, I\u2026","rel":"","context":"In "Dirty Laundry"","block_context":{"text":"Dirty Laundry","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/dirty-laundry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16272,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16272\/doom-and-gloom-redux\/","url_meta":{"origin":13450,"position":5},"title":"Doom and Gloom Redux","author":"Damon Chetson","date":"December 30, 2012","format":false,"excerpt":"In 2008 - four years ago! - I penned a doom and gloom email that Greg posted to this here blog (with my permission). Soon thereafter, he invited me to join as a regular writer. To sum it up, I thought (and still do believe) there is no way the\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/13450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=13450"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/13450\/revisions"}],"predecessor-version":[{"id":13451,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/13450\/revisions\/13451"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=13450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=13450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=13450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}