{"id":435,"date":"2012-08-07T15:01:26","date_gmt":"2012-08-07T19:01:26","guid":{"rendered":"https:\/\/www.cashflownavigator.com\/blog\/?p=435"},"modified":"2021-03-23T20:14:00","modified_gmt":"2021-03-24T00:14:00","slug":"cashflownavigator-newsletter-july-2012","status":"publish","type":"post","link":"https:\/\/www.cashflownavigator.com\/blog\/2012\/08\/cashflownavigator-newsletter-july-2012\/","title":{"rendered":"Cashflownavigator Newsletter- July 2012"},"content":{"rendered":"<table border=\"0\" width=\"600\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td bgcolor=\"#ffffff\">\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\" bgcolor=\"#ffffff\">\n<div>\n<table width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\">In This Issue:<\/span><\/p>\n<p><strong>CASHFLOWNAVIGATOR BLOG:<\/strong><strong>\u00a0<\/strong>Getting Ahead Early, Part 2: Open a &#8220;Team Savings and Investment Account&#8221;<\/p>\n<p><strong>SPOTLIGHT ON:\u00a0<\/strong>The Navigator Tracking Tool<\/p>\n<p><strong>CASHFLOWNAVIGATOR BLOG:\u00a0<\/strong>Wealth and Cash Flow Lessons from Shark Tank<\/p>\n<p><strong>CASHFLOWNAVIGATOR BLOG:\u00a0<\/strong>Getting Ahead Early, Part 3: Moving Forward in the Financial Life Cycle with the Help of Rental Income<\/p>\n<p><strong>GUEST BLOG:\u00a0<\/strong>How to Retire Early and in Style &#8211; Without a Fortune!<\/p>\n<div><span style=\"color: #21689b;\">by Laura D. Adams<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><strong>CASHFLOWNAVIGATOR BLOG:\u00a0<\/strong>Getting Ahead Early, Part 2: Open a &#8220;Team Savings and Investment Account&#8221;<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/staticapp.icpsc.com\/icp\/loadimage.php\/mogile\/1086502\/2c97f0a0df7c0cad29bab08ea46c0998\/image\/png\" alt=\"\" width=\"177\" height=\"106\" align=\"left\" \/>The previous article on this topic focused on how important it is for young adults to \u201coutrun\u201d debt and move quickly from Debt Accumulation to the Asset Accumulation stage of the Financial Life Cycle. The name of the game is to get a good head start\u2026 to move through the early stages of the life cycle as fast as possible because doing so enables you to reach the final stage, financial independence, at a younger age. That was the concept. This article focuses on execution. Here we offer one idea to help reduce the amount of time young adults spend in Debt Accumulation, or to even bypass the stage altogether.<\/p>\n<p><a href=\"http:\/\/click.icptrack.com\/icp\/relay.php?r=9355173&amp;msgid=182769&amp;act=81HL&amp;c=1086502&amp;destination=https%3A%2F%2Fwww.cashflownavigator.com%2Fblog%2F2012%2F06%2Fideas-to-help-our-youth-get-a-strong-financial-head-start-part-2-open-a-%25E2%2580%259Cteam-savings-investment-account%25E2%2580%259D-with-your-child%2F\" target=\"_blank\">Read More<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><strong>SPOTLIGHT ON:\u00a0<\/strong>The\u00a0Navigator Tracking Tool.\u00a0\u00a0<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/staticapp.icpsc.com\/icp\/loadimage.php\/mogile\/1086502\/9fd08f37bd9c4cd160047bcd9372db19\/image\/png\" alt=\"\" width=\"193\" height=\"112\" align=\"left\" \/>A runner-up choice for our tagline was \u201cFinancial Independence, One Goal at a Time.\u201d\u00a0 That\u2019s actually a description of just one part \u2013 the last part \u2013 of the Cashflownavigator system: using the Navigator Tracking Tool.<\/p>\n<div>\n<p>Setting a goal, and using the Navigator Tracking Tool to achieve it, completes a Cashflownavigator cycle.\u00a0 The cycle begins with filling in your 8020 Worksheet\u2122, which captures your assets and liabilities (wealth) and all your monthly cash flows.<\/p>\n<\/div>\n<p><a href=\"http:\/\/click.icptrack.com\/icp\/relay.php?r=9355173&amp;msgid=182769&amp;act=81HL&amp;c=1086502&amp;destination=https%3A%2F%2Fwww.cashflownavigator.com%2Fworksheetcontroller%2Fworksheet\" target=\"_blank\">Read More<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><strong>CASHFLOWNAVIGATOR BLOG:\u00a0<\/strong>Wealth and Cash Flow Lessons from\u00a0<em>Shark Tank<\/em><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/staticapp.icpsc.com\/icp\/loadimage.php\/mogile\/1086502\/d407f536efa283d8540908517dc1e32b\/image\/jpeg\" alt=\"\" width=\"149\" height=\"84\" align=\"left\" \/>At the end of a busy week I look forward to winding down by watching\u2026five human sharks attack unsuspecting start-up entrepreneurs.\u00a0 Alright, that\u2019s a bit overstated.\u00a0 For those of you who haven\u2019t yet seen it, \u201cShark Tank\u201d is a reality show where early stage entrepreneurs seek funding from five successful and very wealthy business owners.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/click.icptrack.com\/icp\/relay.php?r=9355173&amp;msgid=182769&amp;act=81HL&amp;c=1086502&amp;destination=https%3A%2F%2Fwww.cashflownavigator.com%2Fblog%2F%3Fp%3D414\" target=\"_blank\">Read More<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><strong>CASHFLOWNAVIGATOR BLOG:\u00a0<\/strong>Getting Ahead Early, Part 3: Moving Forward in the Financial Life Cycle with the Help of Rental Income<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/staticapp.icpsc.com\/icp\/loadimage.php\/mogile\/1086502\/533c293853500680a2761cdff8dab9a8\/image\/png\" alt=\"\" width=\"163\" height=\"145\" align=\"left\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>OK, so let\u2019s say you\u2019re in your 20s and with the help of a family savings and investment account (see Part 2 of this series) you have little or no debt and $20-25,000 in liquid accounts (savings, stock).\u00a0 What can you do to build on your momentum and start generating monthly cash flow from a source other than your salary?\u00a0 One option to consider is a rental property.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/click.icptrack.com\/icp\/relay.php?r=9355173&amp;msgid=182769&amp;act=81HL&amp;c=1086502&amp;destination=https%3A%2F%2Fwww.cashflownavigator.com%2Fblog%2F2012%2F06%2Fideas-to-help-our-youth-get-a-strong-financial-head-start-part-3-moving-ahead-in-the-financial-life-cycle-with-the-help-of-rental-income%2F\" target=\"_blank\">Read More<\/a><\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><strong>GUEST BLOG:\u00a0<\/strong>How to Retire Early and in Style &#8211; Without a Fortune!<\/p>\n<div><span style=\"color: #21689b;\">by Laura D. Adams<\/span><\/div>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/staticapp.icpsc.com\/icp\/loadimage.php\/mogile\/1086502\/7a94f67adddff79ad3ce8f6370dbf46f\/image\/png\" alt=\"\" width=\"116\" height=\"106\" align=\"left\" \/>We like how in this article\u00a0Laura D. Adams, author of &#8220;Money Girl&#8217;s Smart Moves to Grow Rich&#8221; (an EIFLE award winner), focuses on reducing the cost of\u00a0one big-impact item to help make retirement more affordable.\u00a0 Laura&#8217;s website is\u00a0<a href=\"http:\/\/click.icptrack.com\/icp\/relay.php?r=9355173&amp;msgid=182769&amp;act=81HL&amp;c=1086502&amp;destination=http%3A%2F%2Fwww.lauradadams.com%2F\" target=\"_blank\">www.lauradadams.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/click.icptrack.com\/icp\/relay.php?r=9355173&amp;msgid=182769&amp;act=81HL&amp;c=1086502&amp;destination=http%3A%2F%2Fwww.facebook.com%2Fcashflownavigator\" target=\"_blank\">Read More<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<div>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td bgcolor=\"#d3e1eb\">Check out these and other great articles on our\u00a0<a href=\"http:\/\/click.icptrack.com\/icp\/relay.php?r=9355173&amp;msgid=182769&amp;act=81HL&amp;c=1086502&amp;destination=http%3A%2F%2Fwww.facebook.com%2Fcashflownavigator\" target=\"_blank\">Facebook<\/a>\u00a0page!<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>In This Issue: CASHFLOWNAVIGATOR BLOG:\u00a0Getting Ahead Early, Part 2: Open a &#8220;Team Savings and Investment Account&#8221; SPOTLIGHT ON:\u00a0The Navigator Tracking Tool CASHFLOWNAVIGATOR BLOG:\u00a0Wealth and Cash Flow Lessons from Shark Tank CASHFLOWNAVIGATOR BLOG:\u00a0Getting Ahead Early, Part 3: Moving Forward in the Financial Life Cycle with the Help of Rental Income GUEST BLOG:\u00a0How to Retire Early and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[24,92,53,25,23,91],"class_list":["post-435","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-cash-flow-2","tag-cash-flow-navigator","tag-cashflownavigator","tag-financial-independence-2","tag-financial-life-cycle-2","tag-keith-whelan"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.cashflownavigator.com\/blog\/wp-json\/wp\/v2\/posts\/435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cashflownavigator.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cashflownavigator.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cashflownavigator.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cashflownavigator.com\/blog\/wp-json\/wp\/v2\/comments?post=435"}],"version-history":[{"count":6,"href":"https:\/\/www.cashflownavigator.com\/blog\/wp-json\/wp\/v2\/posts\/435\/revisions"}],"predecessor-version":[{"id":961,"href":"https:\/\/www.cashflownavigator.com\/blog\/wp-json\/wp\/v2\/posts\/435\/revisions\/961"}],"wp:attachment":[{"href":"https:\/\/www.cashflownavigator.com\/blog\/wp-json\/wp\/v2\/media?parent=435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cashflownavigator.com\/blog\/wp-json\/wp\/v2\/categories?post=435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cashflownavigator.com\/blog\/wp-json\/wp\/v2\/tags?post=435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}