www.truvest.co

Housing Market is En Fuego🔥

#TruVest #HouseHunting #HousingMarket #FICO

It has become even harder to purchase a house in the last 90 days. The information that is discussed in this article is outside typical challenges we will face when buying a house such as credit score, down payment, monthly payment hurdles, conventional loan versus FHA loan, and mortgage rates. But the focus of this post is to discuss the external influences of the housing market that we cannot control whatsoever.
Housing Starts (New Homes)- Decreased 6% in January to 1.580 million units. Existing home inventories fell 16.4% or 1.1M homes (1.9 months worth of homes). Record-setting low since 1999.
Soaring Lumber Prices- Prices have tripled in the last 90 days to where the price of 1,000 board feet peaked at $1,004.90. For a 1,000 square foot home, you would need 6,300 board feet to complete. That would be just $60,000 to frame your home.
Compared to just 4 short months ago it would have cost you $30,000 or $491 per 1,000 board feet. 100% increase in 4 short months. And it would add an additional 30% to the sales price of a $100,000 home.
Follow Us:

www.truvest.co

A High Credit Score Does NOT = Financial Success‼️

#FICOscore #CreditBureaus #CreditScore

 

Why is the FICO score formula not published? Because then all of us would know how to get around the FICO credit system, but there is a better way to increase your FICO score...And that is to be debt-free!

Did you know that 35% of your credit score consists of the length of your credit history? The credit bureaus are looking at your debt load and factoring these dollar amounts into your credit rating.

The next is 30% is based upon your debt level. So the amount of debt that you're carrying. So guess what, the more debt you carry, the better your FICO score gets. Well, that also has a problem on the other side. And I'll just digress really quick. When your debt usage is high and you try to go get a mortgage or another line of credit. They look at a thing called DTI debt to income ratio. Well, you can't keep on strapping on more debt and expect to get more. So look where that takes you. That takes you down a path of staying in debt.

 

Follow us:

FaceBook

Instagram

LinkedIn

 


www.truvest.co

Why Money Behaviors Cannot Be Taught‼️

It's Personal!

Your personal experiences with money are more biased towards how you think the world works!

The challenge for us is that no amount of studying or open-mindedness can genuinely recreate the power of fear and uncertainty

Some lessons have to be experienced before they can be understood.

Are you sick and tired of being sick and tired?

You do not have to do this alone! We have a game plan that will assist you from where you are today to where you want to be, living debt-free! We have been in the same place you are today, and we know what it takes to become debt-free. You have a friend for your journey. All you have to do is reach out to us!

#debtfree #debtfreecommunity #studentloans #financialfreedom #TruPodcast

 


www.truvest.co

Being Debt Free = Freedom‼️🎉

#Debtfree #DebtfreeCommunity #PersonalFinance
Why use a credit card when you can use your debit card?
20 years ago there could be a small chance to keep a credit card, but today you can select either credit or debit with your debit card.
So, when you go to rent a car...GUESS what....You can rent a car with your debit card! https://www.enterprise.com/.../faqs/forms-of-payment.html
And the other one we hear all the time.....I like using my credit card so I earn frequent flier miles
2020 was a year that we all want to move on from...But last year alone there were 1 Trillion frequent flier miles that were lost. With that many miles lost do you think all those people paid off their balances each month?
Why continue to feed the system that leaves you living paycheck to paycheck!
Are you sick and tired of being sick and tired?
You do not have to do this alone! We have a game plan that will assist you from where you are today to where you want to be, living debt-free! We have been in the same place you are today, and we know what it takes to become debt-free. You have a friend for your journey. All you have to do is reach out to us!

www.truvest.co

Which One Would You Choose?

I've been thinking about this for a while and need your help deciding

I have an idea....and I want your feedback!
As you know, I help people become debt-free.
But here's the issue....there are only so many hours and only one of me!
I've been exploring ways to help as many of you become debt-free as possible, and here's my idea....
For a while (Actually, for quite a while!), I've been thinking of creating an online coaching course. 
  • Become financially free-No more living paycheck to paycheck
  • Start enjoying YOUR paycheck
  • Have at least $1,000 in your savings account
So, I want to know would you be interested in an online coaching course about
A- How to become debt-free and be different
 
Or
B- How to become a homeowner and pay off your mortgage early
 
Which one excites you the most?
 
I'm excited to hear your thoughts. Please share them with me!

www.truvest.co

Do You Want to Be Different?🤔

Are you ready to be different?
I bet you are
Do you want to enjoy your entire paycheck?
Are you tired of being in debt and broke?
Can't get ahead at all
Are You ready to NOT worry about money anymore?
Being financially free is the best feeling in the world🎉
And if you have a fire inside of you that wants change...
Then you can accomplish this and anything else in life

www.truvest.co

Life Changes When You Find Your Voice‼️

I have been trying to find my voice for our Vlog/Podcast. And I have danced around many topics, but the one I NEVER landed on was DEBT!

DID YOU KNOW: 39% of Americans cannot cover a $400 Emergency

DID YOU KNOW: 78% of people live paycheck to paycheck
Debt is not part of the mainstream media, nor do we really have open conversations about it.

Debt creates a very toxic relationship not just in your personal life, but also in your work life.

Debt will be the focus of this Vlog/Podcast going forward!
I am going to help you and others break your toxic relationship with debt!

#TruPodcast #Debt #Motivation #Success #Goals


www.truvest.co

🏌🏼‍♂️Why Life and Business are Like Golf🏌🏼‍♂️

🏌🏼‍♂️Why Life and Business are Like Golf!🏌🏼‍♂️
 
 
 
Yes, like golf!
 
 
 
In life and business, we want to drive right down the middle of the fairway.
 
 
 
Anything that veers us off the fairway like a hook or slice becomes a problem for us!
 
 
 
And if we end up in the rough or sand trap or even worse out of bounds it could throw you off your game off!
 
 
 
So, don't let a hook or slice throw you off your game off! Shake off your last swing, get yourself back to the fairway and on the green! And you will have a chance at par each and every time!
 
 
 
Have a great Monday! Stay positive!
 
 
 
#TruPodcast #Motivation #inspiration #BestAdvice #personaldevelopment

www.truvest.co

Expect the Best Be Prepared for the Worst!

Celebrate it all!
Happy Monday! I hope you had a great relaxing weekend!
We are at another start of the week!
I hope you have a great productive week!
Being positive and thankful can take us a long way!
Have a great day! Be Strong!

www.truvest.co

Just MOVE On!

Keeping the past in the past is HARD....But
Moving On from it will be the best thing you can do for yourself!
2020 was a bad year, but did you learn from the challenges you faced?
Did you continue to push forward on the path you have created for yourself?
That is how we must look at our lives to never look back as we can only change today!
Stay strong and MOVE ON!