Archives For Greg Whitaker

mortgage
Show Notes:
When do you pre-pay?
Why do you pre-pay?
How do you pre-pay?

Example:
$100,000, 30 year loan
3.5% interest, $450/mo payment
$61,000 interest paid
You pay back $100k PLUS $61k.
That’s not a 3.5% interest rate.
That’s a 61% interest rate.
It’s only a 3.5% interest rate if you pay back the entire balance borrowed $100k in the first year.

The below numbers are approximate:
$100 month difference
Turn 30 yr loan into a 21.5 year loan
8.5 years saved
$18,800 interest saved.

$200 month difference
30 into a 17 yr loan
13 years saved
$28,600 interest saved

$300 month difference
30 into 15 yr loan
15.8 years saved
$34,700 int saved

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg anemail

Personal-finance

Show Topics:
Debt is stealing your wealth.
How to get started getting out?
Don’t worry about your credit score.

Action:
Complete the Put It On Paper worksheet
Pick your smallest balance debt, pre-pay it using 10% of your net income.

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

“The difficulty is that in many ways our welfare systems and philanthropic bodies are geared in the opposite direction – people are defined primarily by what they lack, and they will be very grateful and cooperative, but otherwise passive, when that is provided. Moreover, they quickly learn that to get more help the quickest and most efficient route is to display more problems.” – The Co-Production Principle & Time Dollars – a report by David Boyle

Questions:
Why doesn’t welfare work?
Does it empower people?
Why do you feel guilty?

Resources:
The Co-Production Principle & Time Dollars – a report by David Boyle

Action:
If someone asks for money, engage them to become a co-producer.

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

What you send may be read on the air and used as part of the show.


What is time banking?
exchanging an hour of your time providing a service, skill, etc. You earn a “credit” of one hour in your time bank account. You can then “spend” that 1 hour credit to receive a service, skill, etc. from another.

Replacing Currency
Is it possible?
Will the economy collapse?

Building sustainable communities
Value for equal value

Questions:
What is money?
Why do we work for X dollars/hour?
Who invented this system?

Alternatives:
Bartering (trade for trade)
debt elimination

Resources:
timebanks.org
Time Dollars – By Edgar Cahn and Jonathan Rowe. This is the earliest book written about Time Dollars. It explains how the things we used to do for one another have turned into things we have to buy and introduces you to Time Dollar pioneers who have lead the way out of our money bind.

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

What you send may be read on the air and used as part of the show.

News Update from latimes.com/business
Chick-fil-A same sex marriage story

Questions:
Same sex marriage legal?
Same sex marriage moral?
Why do politicians use it to get your vote?

Action:
Ask yourself why does this story interest me?
Ask yourself why do I feel the need to label others?
Have a discussion about the issue with real human beings, not on Facebook or twitter.

Recommendations:
Rely on your own values, not those of your pastor, parents, politicians, etc.
latimes.com/business

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

What you send may be read on the air and used as part of the show.


There’s is a time when gathering too much information can hinder us.
Don’t get stuck in paralysis of analysis as the old saying goes.

When asking for advice, especially financial advice, don’t get it from someone who is dead broke.

It’s better to take action now, even if it doesn’t work out. Get some momentum going, move forward and make corrections as you go.

Ready, set……., Ready, set……..isn’t where you want to stay.
Read, set, go is where you want to be.

Reference:
“We’re educated way beyond our level of obedience.” – Joyce Meyer
Paraphrased to: We’re educated way beyond our level of taking action.

Questions:
How many books do we need to read? (before we take action)
How many seminars do we need to attend?
How much advice do we need to ask for?

Action:
Stop gathering information.
Take an action step.
Don’t worry if it’s right or wrong.
Getting started is the important thing.

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

What you send may be read on the air and used as part of the show.


She came to be with us 10 yrs. ago. A black and tan cocker spaniel named Maggie. Tan on her feet, eyebrows, and butt. White on her chest and throat. 22 lbs. of four legged awesomeness, she was a perfect little hound dog in every sense of the word.

Her two siblings previously died of liver disease.  Both within 90 days of my mother’s passing. Then terminal liver disease was found 4 yrs. ago with Maggie and with expert veterinary care we were blessed to see her live a bit longer with very good quality of life. Thank you Dr. Michael Head & staff of Madison, TN.  She just left us a few days ago.

She had gotten sicker and we had to help her make the transition without suffering. I was less than 12 inches from her beautiful face for the last 10 minutes of her life. We spoke words of love and told her how much we loved her and to not be afraid. I thanked her for loving my wife Lynn and I. Days prior, knowing she was close to leaving us I thanked God through tears of sorrow and joy. Thank you God for showing us so much love through this wonderful little dog named Maggie.

We were there with her until the end. When the final bit of medicine was given to ease her suffering, I looked into her beautiful face and for the first time I saw the life force in the eyes of a living being leave. Her eyes went black. We closed them and hugged her lifeless, still, warm body one last time before saying goodbye. And it has changed me….deeply.

Remembering our 10 yrs. with her, I reflect on what she taught me:

God Lives In and Expresses Thru Everything
Many times during her life, I looked into Maggies eyes and knew God was smiling at me.
There is no living creature or substance that God doesn’t animate and express itself thru. Life’s deepest lessons are found when we pay attention to the subtlest of its expressions.

Being in The Presence of Loved Ones
Maggie loved to be in the same room with us almost all the time. She wasn’t needy or insecure, she just enjoyed being part of the pack. She didn’t bark much, only when it was necessary. She listened far more than she spoke.

Love Unconditionally
There was no judgement, ever. She was always glad to see us come home. Loved to be loved and enjoyed being held, caressed, and talked to. Her love was constant and unchanging.

Enjoy The Simple Things
After going outside to fertilize the grass, she always enjoyed a dog biscuit or “cookie” as we called them. This never got old. She was excited about it every time. She had mastered the art of taking naps and was an expert as just being in the stillness.

I encourage you to pay attention to animals, especially pets. I’ve heard them referred to by Esther Hicks as the great energy balancers of the planet. I know this to be true from my direct experience of being in Maggie’s presence for 10 years nearly every single day.

Thank you God for bringing us such an awesome little four legged teacher of love! In between the joy and sorrow I can still feel the presence of all that is. And for that I am grateful.  Thank you Maggie and thank you God.

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

Is the current economic model of a corporation sustainable?  We’re talking the old pyramid style of management here.  The people at the top of the pyramid have all the power and get paid the most money.  Decisions are made at “the top” and passed down thru the food chain.

The grassroots foundation, cubicle workers, doesn’t have any input into decisions about the company or it’s operations.  Profit is the sole purpose of the corporaitons existence.  The harder cubicle workers work, the more the boardroom wants to put profit on the spreadsheet.  It’s never enough.  And your soul is paying the price.

Ever heard the term “work smarter, not harder?”  That’s double speak from the corporation for “We loved your last pound of flesh, but you really need to lean in and give us some more!”

I’m not making the corporation the bad guy.  I’ve worked in corporations and know the environment.  I’ve worked for the ultimate corporation, The United States Military.  I know what it’s like to feel like a cog in the wheel.  I’m not raining pity on the little guy here either.  Wherever you’re working you’re doing it by choice.  If it’s sucks, leave.

What I am saying is this.  More and more people will eventually unplug (not necessarily by choice) from wanton consumerism in America.  And they’ll be forced to wake up and realize they don’t need to work 40+ hours a week to enjoy a comfortable life.  When you don’t have any debt, you don’t have to keep volunteering your soul to the corporation every day.

It all gets back to why you’re doing what you’re doing.  If cubicle labor works for you, I say do it.  If it doesn’t work for you, there’s another way to live.  Getting out of debt is one way to live that other way.  No debt, no obligation to stay and trade your life away to The Company Store.  

To answer the question in the episode title “The Death of The Corporation?” I say yes. The body is dying. But it won’t go willingly and without a fight as it gasps it’s last soul sucking, profit pushing, breath. You can help hasten it’s death by not needing it to survive.

Standard of living is NOT the same as quality of life.  Would you rather work 50-60 hrs. a week and have lots of stuff with no time to enjoy it or work 20-30 hrs. a week, less stuff, and more piece of mind?  I’m leaning toward less hours, more sanity.  Hope to see you on the sanity side.

Resources:
Book – When Corporations Rule The World by David Corten

Reading – wired.com blog post

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email

What you send may be read on the air and used as part of the show.