Tuesday, September 14, 2010

July 15th, and things are on a roll.

Filed under: Life, Financially Brilliant Ideas — July 15, 2010 @ 8:10 am Edit This

‘’It is interesting for me to listen to the conversation in my head. You know the one. We all have it. ”

“Is this going to work?” “Can I accomplish this?” or “Do I have what it takes to get the job done?” “Will they let me?” “Should they let me?” “Can I handle the responsibility?” “Is it a good idea?” And so much more.

Our house isn’t finished. Our Line-of-Credit is getting to the end. I can see resignation setting in. “It is never going to be finished.” “I screwed up and now I won’t get what I want.” Those types of thoughts come creeping into my head. And then I remember a book my first husband, Jason Gilbert had on his shelf. I never read the book but I remember the Title, “You can’t afford the luxury of a negative thought”
You Can’t Afford the Luxury of a Negative Thought: A Book for People with Any Life-Threatening Illness — Including Life [Paperback]
John-Roger (Author), PeterMcWilliams (Author)

I am thinking I may just read this book now. Funny how things happen at the right time for the right reasons.

After remembering the Title and remembering what I got from the Landmark Forum I just said to myself, “It’s all about Enrollment.” You see I have a new Bank Accounts Manager who doesn’t know my story yet. And I always have the fear that I won’t be able to share it right this time. Or something like that. And I remembered,”it’s all about enrollment.”

And I called and made the appointment. Now is the perfect time to go to the Bank (in this case it is Island Savings Credit Union) Our income is in great shape. All of our credit scores are explainable. Mine are good but getting to the top of any available credit, lowers your score. And my husband, Dave had a problem with his student loan that affected his credit score and he is rebuilding his now.

So we got approved based on our income and the next thing the bank wants is collateral. And then I have to deal with myself and my own thoughts again. “I don’t want the bank owning my house.” But then again the alternative was to totally own the house that was falling apart. So that choice wasn’t that hard to make. And I justify the money I borrowed by saying to myself,”Lots of people have mortgages the same as mine and are living in a much smaller house. And we arranged to have an appraiser come and give us an appraisal and then we will be able to borrow 80% of the Market Value. At MoneyMinding, Tracy Piercy says to get as much available credit as possible. You never know when an opportunity will come your way or you may need it. It is always harder to get money when you really need it, it seems. Even though I have negative thoughts about it because of all I have heard in my lifetime. “To much credit is just a noose to hang yourself with.” And thoughts such as this.

I often find ways to reframe what I think so that it isn’t a negative thought. It is almost always easy to see the best part of an opportunity.

If you want a refresher on how and why you can make your money work for you. Go to www.moneyminding.com and read some inspiring news.

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