A Financially Secure Single Mom Was Asked, Do You Love Me?-She Answered, "Not Enough To Co-Sign On That Loan"

  
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No Co-Sign Commentary.mp3 (862 KB)

There are two things I tell my "Single-Mom" clients not to do. One, never lend money and two, never co-sign on a loan.  I hear all the crazy stories after my "single-mom" clients get calls from the creditors demanding payments for a car that they do not drive. Be it a car loan, personal loan, or any other loan my answer will always be, "NO." Think of it like this, why do you think another grown person need for you to co-sign for them. It is because they are not responsible with their money! Being responsible with your money shows up in all types of situations and when a person can't get a loan on their own the lender is basically saying, "Nope, get a responsible person to sign the dotted line." The stories are endless and if you don't believe me, just watch any of the judge shows for a week.  You will see all types of women trying to prove their case. It doesn't matter if you let them borrow the money, put their cell phone in your name, co-signed for them a car, or any other "sucker" money mistake the risks are much to great. So to all the “responsible” single-moms out their looking for love while using their good credit, be careful. You may think you're in love, but once the tables turn and Mr. Lovely can't be found but leaves behind a pile of debt, you will be like many others out there singing the "co-signer blues." Let me know if you would like for this topic to be on one of my upcoming shows. We air live every Sunday at 9:00pm EST. Don't worry..... if you miss a show, you can listen to the archive version on the website’s front page. P.S. Join us on facebook!   Warm regards, Dina Harbour, Extraordinaire CEO & Host of Women Obtaining Wealth Women Obtaining Wealth Organization W.O.W. Internet Radio Show, Sundays @ 9p EST Call-In # for show: (646) 478-5836 Stay Connected to W.O.W. download our customized toolbar today!

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Real Estate Referrals: How You Can Earn Money In Real Estate Without Being An Agent Or Investor

I tell all the W.O.W. Members and Talk Show Listeners that the best way to sustain through any economy is by creating multiple streams of income. If one stream runs dry replace it with another. Real Estate has many ways of creating income this is just one of many.   When I gave up my so-call "good" corporate job and moved to Georgia, I made a promise to myself.  The promise was, “I would be my own boss and by any means necessary I would not return to a 9 to 5 job.” Currently, I am happy to say that since January 15, 2005, I have kept that promise to myself even during these rough economic times.  Believe me I work hard to keep my promise a reality, but it has been so much fun!  You can learn how to do the same thing and you won't have to pay any fees to get started. To earn money-referring people to great real estate deals (none over 85K) is simple. Just send me an email so that I can invite you to one of our webinars. No hard sale, no money required. Check it out, ask questions and find out how to get started!   Send me your name and email address at: realestate@dinaharbour.com Warm regards, Dina Harbour, Extraordinaire CEO & Host of Women Obtaining Wealth Women Obtaining Wealth Organization W.O.W. Internet Radio Show, Sundays @ 9p EST Call-In # (646) 478-5836 Stay Connected to W.O.W. download our customized toolbar today!

  
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Real Estate Referrals Commentary.mp3 (559 KB)

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Building Wealth: Women Using Real Estate Investment Clubs To Obtain Wealth

<img style="border:0" src="http://www.masonhill.com/partner/scripts/imp.php?a_aid=dinaharbour&amp;a_bid=d7852453" width="1" height="1" alt="" />       Real Estate properties have dropped so significantly in most states. Many people are wondering how they can get "in" on these great deals.  For example, here in Georgia you can find a 3-bedroom 2-bathroom home for way under $50,000. To answer the call and inquiries of Women Obtaining Wealth's many members. We started building five-member Real Estate Investment Clubs. W.O.W.'s Real Estate Investment clubs consist of 5 members that put in an equal amount of funds to purchase great properties out right to be used as rentals. The properties range from $30,000-$50,000. Members meet via tele-conference calls on a monthly basis to discuss updates and property issues.  The overall plan is to hold the property for at least five-years before selling it for an agreed upon amount (voting process) all the while receiving a monthly net return on their investment’s rental income. To learn more about these great real estate opportunities, please send your request to: realestate@dinahsarbour.com. You can also visit my page regarding real estate duplexes in the Lee County area of Florida by going to www.dinaharbour.com. Warm regards, Dina Harbour, Extraordinaire CEO & Host of Women Obtaining Wealth Women Obtaining Wealth Organization W.O.W. Internet Radio Show, Sundays @ 9p EST Call-In # (646) 478-5836 Stay Connected to W.O.W. download our customized toolbar today!

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Money and Marriage

When I'm counseling newlywed couples, I get this question a lot, "How should we combine our money to pay for household and other miscellaneous expenses?" It's a very important and excellent question. My first response is however, "Do you have a budget in place?" Most of the time the answer is no, but that's why they're meeting with me in the first place. Once a budget is completed we can answer the question of how they should combine their incomes. Because you must understand how much it cost to live in your particular lifestyle comfortably on a monthly basis. So lets say both husband and wife work a full-time job. The wife brings in a net income/take home salary (after taxes) of $1500 a month; the husband brings home $1700. Their monthly household expenses are $2000.00. This includes mortgage/rent, food, clothing, automobile expenses etc. If we combine their incomes together, their total is $3200 (1500 + 1700). Their monthly budgeted expenses is $2000, so we will divide this amount by their combines incomes 2000/3200 which will give us 62.5% or rounded up 63%. Now, we can conclude that they both should contribute 63% of their monthly income to their household expense account. Now the wife will put $945 into their joint account and the husband will contribute $1071 into that same account. As for their left over portion, they can agree to place an equal percentage in a joint savings or in a separate account for personal expenses or do both. I recommend both! They can create a vacation account, a gift account etc. But a couple should definitely have both a joint checking as well as a joint savings account for unknown expenses and emergencies. Most of my clients are happy with this arrangement because it allows them to operate as a unit, yet leave room for their individual spending habits. I often suggest however that purchases over an agreed amount be discussed say $500 or $1,000 but that's just a suggestion. I also suggest that the couple attempt to live below their means in case of an unexpected emergency or loss of income and if a couple plans to start a family they should both contribute an increased amount into their household fund while the wife is still working. This will decrease the stress of being overwhelmed by bills that are not of necessity. Save up cash for big-ticket items and avoid abusing credit cards (a common occurrence among newlywed couples). This system should work for all income levels. Let me know if you would like for this topic to be on one of my upcoming shows. We air live every Sunday at 9:00pm EST. Don't worry..... if you miss a show you can listen to the archive version on the website's front page. P.S. Join us on facebook! Warm regards, Dina Harbour, Extraordinaire CEO & Host of Women Obtaining Wealth Women Obtaining Wealth Organization W.O.W. Internet Radio Show, Sundays @ 9p EST Call-In # (646) 478-5836 Stay Connected to W.O.W. download our customized toolbar today!

  
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Money and Marriage Commentary.mp3 (869 KB)

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Fw: Money and Marriage

Warm regards, Dina Harbour, Extraordinaire CEO & Host of Women Obtaining Wealth Women Obtaining Wealth Organization W.O.W. Internet Radio Show, Sundays @ 9p EST Call-In # (646) 478-5836 Stay Connected to W.O.W. download our customized toolbar today! --- On Tue, 2/9/10, Dina <dina30135@yahoo.com> wrote: From: Dina <dina30135@yahoo.com> Subject: Money and Marriage To: poeticnece@yahoo.com Date: Tuesday, February 9, 2010, 10:52 AM When I'm counseling newlywed couples, I get this question a lot, "How should we combine our money to pay for household and other miscellaneous expenses?" It's a very important and excellent question. My first response is however, "Do you have a budget in place?" Most of the time the answer is no, but that's why they're meeting with me in the first place. Once a budget is completed we can answer the question of how they should combine their incomes. Because you must understand how much it cost to live in your particular lifestyle comfortably on a monthly basis. So lets say both husband and wife work a full-time job. The wife brings in a net income/take home salary (after taxes) of $1500 a month; the husband brings home $1700. Their monthly household expenses are $2000.00. This includes mortgage/rent, food, clothing, automobile expenses etc. If we combine their incomes together, their total is $3200 (1500 + 1700). Their monthly budgeted expenses is $2000, so we will divide this amount by their combines incomes 2000/3200 which will give us 62.5% or rounded up 63%. Now, we can conclude that they both should contribute 63% of their monthly income to their household expense account. Now the wife will put $945 into their joint account and the husband will contribute $1071 into that same account. As for their left over portion, they can agree to place an equal percentage in a joint savings or in a separate account for personal expenses or do both. I recommend both! They can create a vacation account, a gift account etc. But a couple should definitely have both a joint checking as well as a joint savings account for unknown expenses and emergencies. Most of my clients are happy with this arrangement because it allows them to operate as a unit, yet leave room for their individual spending habits. I often suggest however that purchases over an agreed amount be discussed say $500 or $1,000 but that's just a suggestion. I also suggest that the couple attempt to live below their means in case of an unexpected emergency or loss of income and if a couple plans to start a family they should both contribute an increased amount into their household fund while the wife is still working. This will decrease the stress of being overwhelmed by bills that are not of necessity. Save up cash for big-ticket items and avoid abusing credit cards (a common occurrence among newlywed couples). This system should work for all income levels. Let me know if you would like for this topic to be on one of my upcoming shows. We air live every Sunday at 9:00pm EST. Don't worry..... if you miss a show you can listen to the archive version on the website's front page. P.S. Join us on facebook! Warm regards, Dina Harbour, Extraordinaire CEO & Host of Women Obtaining Wealth Women Obtaining Wealth Organization W.O.W. Internet Radio Show, Sundays @ 9p EST Call-In # (646) 478-5836 Stay Connected to W.O.W. download our customized toolbar today!

  
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Money and Marriage Commentary.mp3 (869 KB)

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When A Friendship Ends, Why Is The Cause Either A Man or Money?

Breathe by Jason Bitten  
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Men or Money Comentary.mp3 (2519 KB)

I am not sure why so many women end life long friendships over men or money. For the most part they do not want to admit that a man came between their friendships but they will admit the fact that money was the culprit. I made it a life long philosophy early on to never let friends or family members "borrow" money. If I don't have the money to give away, I cannot let you borrow it.  It has proven to work very well for me.  I have watched many relationships end over men or money and it saddens me. When I was a teenager I started dating someone my best friend liked. I knew at the time that she liked him but I started dating him anyway and needless to say my friendship ended with her.  I always regretted our friendship ending.  It turned out that he was not worth either one of our times but she held a grudge against me all through high school and we never spoke to each other again. Be it men or money, a friendship should be stronger than either one of those things. I guess since a friendship is based on trust and if one friend cannot trust the other with their money or their man, the relationship is over. Money has ended the friendship between men as well; people place a lot of value on money more so than their friendships at times. Is this something we are being taught?  So have you ended a friendship over a "man" or "money"? Let me know if this is a topic you would like to discuss on the show and if you would be willing to share your story. Warm regards, Dina Harbour, Extraordinaire CEO & Host of Women Obtaining Wealth Women Obtaining Wealth Organization W.O.W. Internet Radio Show, Sundays @ 9p EST Call-In # (646) 478-5836 Stay Connected to W.O.W. download our customized toolbar today!

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Bring your paper and pencil tonight for the W.O.W. show tonight at 9p EST "Being The CEO of YOU"
http://ping.fm/ZoTlA or call-in 646 478-5836. See ya soon!-Dina