Life Unfiltered

Inflation worries, Buyer’s remorse….REALLY?

Inflation, buyer's remorse, fear of missing out. You're not alone if you feel like the economy is talking to you.

I want to talk about how we all have this little voice in our head that talks about economic worries- inflation, debt load, and more. It can be hard to know what will happen next when it feels like everything is changing too quickly for us to keep up. But worry no more because today we are going to talk about these fears one by one and get all your questions answered so you can sleep easy at night knowing everything will work out just fine.


Links to articles:

Life Unfiltered

FOMO: The Realities of the Housing Market & Your Wallet

#TruPodcast #Phoenix #Housing #FOMO

In this episode, I'm going to break down the realities of the housing market and how it is impacting your wallet.

Hi there, my name is Ryan DeMent and today I want to talk about something that's been on everyone's mind; FOMO- Fear Of Missing Out. We're all feeling it when we see prices only go up instead of coming back down but in this episode of the TruPodcast, I'm going to share with you some real facts on how much homes are really costing these days.

Housing Shortages, Inflation, and Ole Mighty Dollar

#Trupodcast #Housing #Inflation #Housesfor Sale


In this episode of the TruPodcast we talk Housing shortages, inflation, and the Ole Mighty Dollar!  The Arizona housing market is so crazy. Across the street from me is a brand new house that just sold last week and is now on the market two days later! And by the looks of it, the seller could make upwards of $120,000! That is C-R-A-Z-Y! Supply and demand are truly being tested in every aspect of the economy, but no more than the housing market. There sure is a lot of FOMO going on in the housing market, and as interest rates rise homebuyers are losing buying power. Is it time to sit on the sidelines?

The Housing Market is Stealing Your Money

 In today's housing market there is a tremendous amount of pressure on homebuilders, homebuyers, and renters. And if you are starting to fill the financial sting in your wallet you are not alone. It is costing more to build, purchase, and rent homes in today's housing market.

Make sure you do not get FOMO from this housing market! Be different and wait and see how the market plays out since 1. interest rates are going up, which has already cost a homebuyer at least $30,000 in purchasing power. 2. Housing supply is at an all-time low and homebuilders have slowed their building due to lumber pricing pressures. 3. Rents across the nation are increasing and with the housing shortage. Landlords are raising rents to annual state maximums or selling their investment properties outright.

#TruPodcast #HousingMarket #FOMO

Life, Housing, and Coaching....Maybe Not In That Order

Season 3 Episode 2:
Life, Housing, and Coaching
Life sure has given me a full plate the last several months. And I too have had challenges getting back to "normal life". Things are getting better each day, and each day that I choose to move forward is a positive step.
The housing market is going crazy right now. I am in Arizona, specifically, Maricopa County and houses here are going for $30,000, $40,000, and even $50,000 over the asking price. THAT IS JUST CRAZY! The price of homes at some point has to cool off. Right now there are 2 months of standing inventory in the market. Typically, there are anywhere between 4 to 6 months of inventory in a non-COVID housing market.
About a week ago I had the pleasure to speak with a potential coaching client about her financial goals and dreams. This client is over the age of 60 and has rented all her life. And she was finally ready for change. But she was stuck on one item. She wanted everything to be perfect before she would even take a step forward. Change is NOT perfect, but change is deciding to take that first step away from your past. Until you do that your past will control your today and future!
In the coming weeks, we will be launching our coaching group, TruCoaching! Along with our non-profit, TruCommunity, we will be able to help clients from a financial aspect all the way to purchasing a home. Be on the lookout for more details.
Thank you for tuning into the podcast and I will see you on the other side! Have a great productive day!

When Life Happens You Get Back Up

I know it's been a few weeks since I've put out a podcast or vlog. I have to tell you, life happened for me, had some family challenges and then my best friend lost his father. And at the same time, I was supposed to move, which I had to do all three at the same time. So it's been a little chaotic and I know life happens, but I wanted to check in with you guys, let you know what's going on. Um, I'm getting through day by day, but I'm going to get back on the horse, get this thing going. The cool thing. While I was doing the background, I didn't want to lose all my momentum. I've been going through some financial coach certifications for housing and also just financial coaching in general.

So I have those practically done. One of the financial coaching aspect certifications has done and I'm working on the housing piece so I can be Fannie and Freddie, uh, approved for housing. So be on the lookout for those topics coming up in the near future. But that's, that is going to be a major focus of our business going forward. We have a couple of other cool things that we're going to be launching out here soon. I'll be keeping that in the background, but one of the things that I wanted to talk about is I know life happens to all of us and we all have to deal with family, friends, health challenges, and sometimes it's just darn outright hard to get back on the horse. And it's been somewhat of a struggle, you know, for the last several weeks to get back on the horse, get back in a routine, making sure you're mentally, emotionally, and physically, you know, and spiritually in place and back to where you were. But you really can't actually say that you're back to where you were, because the things that, the things that were actually impacting you, uh, have changed and your life has changed. But the one thing that I look at is this.

I was knocked down many, many times, but every single time I got back up and got back on the horse and got going in, that is in my eyes. The biggest definition of success is yes, life happens. We all have things happen to us, but it's how you react to them. And it's how you get back on the horse and start moving forward. You can't, you can't sit and be knocked down and not get back up because the only thing that's going to do is keep you in that bad place. And whether that bad place is financially, emotionally, physically, mentally, spiritually, anything whatsoever, it's just too much. And you have to be able to say, okay, guys, I got to get back up and move forward.

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:

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:




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

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!
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!