Dear Friend,
I absolutely love this time of year! The weather is getting nice again and people everywhere are renewed with life. People are getting married, students are graduating and friends and families are sharing vacations together. What positive energy!
All this positive energy got me thinking about dreams again - and how important it is to take time out for yourself to recapture your dreams. Before I get started on how you can recapture your dreams, I have some important news on student loans...
Last month we conducted our first ever "Ask David" campaign urging you to email me your most important questions about how you can live and finish rich. The response was overwhelming and I received thousands of really important questions ranging from how to manage credit card debt to how to buy a home with no money down.
Many of you asked about student loan debt so I wanted to discuss this very important topic immediately. There are some very important changes going on with interest rates that may impact you and time could be running out.
Before I get into any details, let's talk about student loans for a second. There's a lot of student loan debt out there. It's very common now for me to meet people who have $50,000 to $100,000 in student loans. When I meet these people, they usually feel really bad about it. Don't feel bad about student loans.
Here's why. In most cases, today's rates on student loans are below 5%. I call this good debt. It's good debt because you borrowed money to get yourself an education, to make yourself smarter.
One of the most important investments you'll ever make is in yourself. You have the knowledge for the rest of your life.
That education is going to help you feel you have a better job, a better career, a better future, so you made a great investment.
Be Smart About Good Debt
But it is important to be smart about this good debt. If you haven't done so already, you should immediately look into consolidating your student loans and locking in today's super low rates. On July 1 the rate on federally guaranteed Stafford Loans is expected to rise by approximately two points from today's low rate of 2.77%. By consolidating, you should be able to get a fixed rate under 3%.
Here's some more good news: until recently, only graduates have been able to do this. Now some lenders will help you do this even if you are a current student so I urge you to look into this by contacting your loan officer today.
The time is now to look into these options because certain lenders (including Sallie Mae, the nation's largest student lender) require borrowers to submit consolidation applications prior to July 1.
Parents with Federal Plus loans should also look into consolidating now, even if your children are still in school or if they have graduated.
The bottom line is this: if you don't have a low rate on a student loan, you should refinance. Lock in a low rate for your student loans and stop worrying about this debt. Let's use that energy to focus on other ways to live and finish rich…like recapturing your dreams!
Click here to download a free PDF excerpt on student loans. This excerpt was taken from the 70-minute teleseminar "12 Secrets on How to Start Late and Finish Rich" where I answer the most-asked questions submitted by FinishRich Community members.
You can also access the entire seminar (audio & PDF transcript) by visiting: www.finishrich.com/teleseminar
The other day I started daydreaming while taking a break from writing my next book, The Automatic Millionaire Homeowner (I will share a sneak peak with you later this summer!) - I started thinking about all of the amazing people I have met over the past few months all of the amazing success stories that I have received from the Finish Rich Community recently. As I mentioned above, all this positive energy got me thinking about dreams again - and how important it is to take time out for yourself to recapture your dreams.
Dreams don't cost as much as you think!
If I could give you one gift, it wouldn't be money. It would be the gift of finding out what your dreams are and then coaching you on how to create a plan to make them real. What's amazing about the process of recapturing your dreams is how easy and fun it can be. Most people wildly overestimate how much it will cost---in terms of money and time - to realize their dreams. You may be doing this right now, putting off your dreams in the mistaken belief that you don't yet have enough money and time to get the job done.
I'll let you in on a sad reality. Most people don't live their dreams. Most people put off their dreams for some future time when they think they'll be able to get to them. This time is called "Someday." Someday is a place of buried dreams, buried hopes, and buried treasures. It gets created by the busy everyday realities of life.
I want to ask you respectfully that you set aside a half hour of uninterrupted time to think about your life's dreams. I want to share with you some very important exercises to help you get back in touch with your dreams. Trust me, this process can impact your life in miraculous ways.
The reason I say "miraculous" is that when you get back in touch with your dreams, they somehow start to show up in your life. For some of you, this could happen in literally a matter of hours. I can't tell you why it works, but time and time again I've seen this both in my own life and in the lives of people I've coached.
Start now, by making a wish. What would it be? Where would you go? What would you do? Whom would you become?
Remember, dreams give you energy and passion. Very simply, dreams are more than an important part of life-they are life. They help you believe in yourself and in a future you can create for yourself. And they give you courage to act.
This is your opportunity-right now-to be young, optimistic, and imaginative. Dig deep to reconnect with the dreams inside you. You have everything it takes to make your dreams come true. But before you can get started, you need to identify your dreams and make them specific.
Ok, this is a simple, yet powerful exercise. Find a place where you can think and then sit and make a list of 50 dreams. Don't over think the list. Don't ask yourself whether it's realistic. Think of what you want to do, the places you want to see, the people you want to meet, who you want to be, the impact you want to make, the things you want to have. This is your list of dreams. If I could grant them to you today, what would they be? You have a half hour. Go!
When you get done, email us your list at success@finishrich.com. We want to hear your stories...we want to hear about your dreams…we want you to take action!
Now that you have a list of your top 50 dreams, it's time to draw up a practical plan to make them come true! You may have already completed a DreamSheet™ exercise from one of my books. This tool will help you focus in on your top five dreams for the coming year. You can download a PDF of this tool from my Web site by clicking here.
Earlier, I said that you might be surprised by how little money many of your dreams may cost you. Even more surprising, some may not cost anything at all. Maybe you want to take a cooking class, or learn to paint, or write a book. Dreams like these may cost less than a hundred dollars. But other dreams may take a lot of money-and saving money requires some simple planning.
All you have to do is set up a dream account as a "basket" into which you will put the money that is going to make it possible for you to fulfill your dreams. The best way to do this is to set a fixed percentage of your income that you will AUTOMATICALLY contribute every month. Hopefully, you've already started funding your retirement by paying yourself first for the future. Now you can do this with your dreams. I usually recommend that people start by investing 3-5% of their after-tax income. Obviously, the more money you put away, the faster your dreams can become a reality.
 For more details and suggestions about how to fund your dream basket, I recommend you read The Finish Rich Workbook where I outline specific tools and places you can go to begin funding your dreams. You can find this book at most libraries AND we have put this book for sale in our store--click here to buy today.
In just a few days, my new Coaching Program begins. I am very excited because I get to work with a select group of FinishRich Members to accomplish their dreams and set up a financial plan to help them live and finish rich. This will be the fourth time I have offered a coaching program because the success stories from participants of my previous coaching programs keep inspiring me to keep the program going.
I hope you will take a moment to listen to these success stories. Most importantly, I want you to realize that anything is possible. That your dreams are possible. That you can do it!
"The Automatic Millionaire
Program has allowed me to be free both, financially and
psychologically = CAREFREE. The positive attitude along
with the positive message David delivered showed me just how
EASY it can be, to be solvent when older."
-
April Twedell
Willits, CA
~~~~
"The value of this program to
me over my lifetime is probably an extra $250,000 to
$500,000. Through the program I have discovered that I am
attaining the security I crave and as a result I am now
happier, more relaxed, less stressed and truly sleeping better
at night. My children will also benefit greatly, as they can
start the program now."
- Margaret Telthorst
Auburn, KS
~~~~
 " It's unthinkable really how
much this program has been worth to me. It's taken the tension
out of my marriage regarding money. It has freed me up to
focus on a healthy lifestyle (lost 10 lbs so far). I feel
in control and empowered--these things will not just go away.
I just cannot thank David enough for believing in the
"100" of us, and really pulling for us and enabling us to
"come along" on this wonderful automated journey. Thank you
David from the bottom of my heart!!"
- Laurie
Budnick
Sutton, MA
~~~~
"This program has changed my life, both financiall and
personally. I could talk all day about what I've learned.
"
- Renee Frawley
Texas
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With all of this information, it is possible that you are feeling somewhat overwhelmed. Maybe you have some more questions or would like some more in-depth advice. Well, perhaps personal coaching with me can help. In fact, I know it will, which is why I have decided to open up my SOLD OUT coaching program to 5 more people who really want coaching this summer. Please, only register if you really want to change your life and learn how to achieve your dreams and finish rich. If you are ready to learn more, and take action, then register today by clicking here.
But, hurry because the program is starting in a few days and I will need to rush you your BONUS materials and FREE gifts to get you started.
Click here to reserve your space today. And if you register in the next 24 hours, you will also get $100 off this life-changing program.
If you have taken the time to let yourself dream again, and you have made the decision to take action by setting up a dream basket, then you are well on your way to achieving your dreams. I hope you enjoy the good weather and share this message with your loved ones so that we can get more people dreaming again!
Live your dreams this summer,
David Bach
Founder, FinishRich Media
P.S. The FinishRich Tour Continues! If you are in the area, stop by and see me in person at these live events this summer (tickets are free):
June 3 - Newark, NJ - Click for details
June 4 - Boston, MA - Click for details
July 9 - Anaheim, CA - Click for details
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