YouBeTheBank.com

The Money for Life Principles that are the foundation of how you handle your money. These investment planning and budgeting techniques are fully integrated into the educational and practice programs that you learn while working with your Money for Life Guide. Whether you're concerned with legacy planning or simply with personal asset protection, your Money for Life Guide will serve your needs with specific personal finance advice.

This outline of principles is, therefore, skeletal and we hope instructive even though limited in scope.

• You know best what you need and want. It is your Money for Life Guide's job to listen to you and advise you as you become your own "banker" and transform your expectations into reality.

• You have two roles to play when it comes to money. One is the role of income producer in the vocation, career or business you have chosen. The other is the role of money manager...being your own "banker".

• Nobody taught you how to be your own "banker" until now. It is just as important that you learn to be your own "banker" as it is to learn what you need to do to succeed as an income producer.

• If you fail as your own "banker" it may lead to failure as an income producer, failure as a provider, failure as a parent, failure as a spouse...it is essential that you learn to be your own "banker".

• Only money is money. Everything else is something else. Stocks are stocks, bonds are bonds, a house is a house (and can be a money pit if the truth be told) but none of these "investments" are money.

• There is no such thing as "good" debt-to-others. There are occasions when debt-to-others may be needed, but that does not make it "good". Debt-to-others is always undesirable.

• You do not NEED debt-to-others to have the things you need and want. You can have everything you need and anything you want when you follow the Money for Life path.

• Conventional wisdom (an oxymoron) and media drivel would have you believe that you "need" what some Behemoth is peddling.

• If a Behemoth cannot sell a particular product, that Behemoth and its minions in the press will tell you it is bad for you.

• The word "financial" is meaningless unless it appends to another word and, even then, it is fuzzy.

• The word "money" is clear, precise and stands on its own.

• Goals relating to money can and should be precise, manageable and measureable - in a word, "doable".