Category Archives: planning

Debt – The Good, The Bad, and the The Ugly – Part 2

Dear Borrow Smart Family, Debt is not something you should be ashamed of. But it is something that you should want to fix. The below is a continuation from last week: 1. If you have “bottomed out” on debt, if you … Continue reading

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Debt – The Good, The Bad, and the Ugly – Part 1

Dear Borrow Smart Family, There are three types of debt, the “Good”, “Bad”, and “Ugly”. Let’s discuss the differences and provide some direction for addressing your debt-related issues. When discussing debt with clients, too often they express a sense of … Continue reading

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Borrow Smart, Repay Smart: Planning – Begin With The End In Mind

Dear Borrow Smart Family, Fast forward in time to December 2020. Imagine yourself sitting alone in your favorite thinking spot! Looking back over the previous 11 months, what HAS to have happened for you to be happy with your progress … Continue reading

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Borrow Smart, Repay Smart: How much money should I keep in a savings account for emergencies?

Question: Hi Trevor! How much money should I keep in a savings account for emergencies? Answer:  Many financial professionals suggest that you put away three to six months’ worth of living expenses for emergencies. We actually call these funds “Cash Reserves,” … Continue reading

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Borrow Smart, Repay Smart: The Story of the Magic Penny

Dear Borrow Smart Family, If you had the choice between taking $3,000,000 in cold hard cash right now or a single penny that doubles in value every single day for 31 days, which would you choose? If you’ve heard this … Continue reading

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Borrow Smart, Repay Smart: Why Budgets Fail

Dear Borrow Smart Family, The idea of regimenting your money spending can seem tedious, but it is well worth the effort. If you’re looking to get your money in order, there are 3 main blind spots to consider:   Why … Continue reading

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Borrow Smart, Repay Smart: Your Choices with Money

Dear Borrow Smart Family, How do we discipline ourselves to spend money wisely? As an everyday mortgage professional, I help people acquire the largest asset they have – a home. To help borrow the most amount of money they’ve ever … Continue reading

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Borrow Smart, Repay Smart: Signs of a Messy Business

Dear Borrow Smart Family, Happy Monday! As some of you may know, I’m a certified performance coach via Todd Duncan’s High Trust coaching group – where I coach some of the top-producing mortgage professionals around the country. I recently shared … Continue reading

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Borrow Smart, Repay Smart: Spend Less, So You Can Save More

Dear Borrow Smart Family, Is it me, or does the word “budgeting” sound like something Jabba the Hut burped out? I know, I know; budgeting can seem tedious, and it can take some time to figure out. However, there are … Continue reading

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Borrow Smart, Repay Smart: Prioritizing Your Cash Flow

Dear Borrow Smart Family, Managing your bills can be a juggling act. While ideally we pay everything off and save to our heart’s content, reality shows us that income waxes and wanes over time. A foundational piece of advice that … Continue reading

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