          HOW TO CAPTURE A SPENDING PLAN 
           
          Now we move on to the next stage--setting 
          up a spending plan that allows you to save a fixed 
          amount of money.  You can use this savings for your 
          closing costs on your new home.  I believe that a good 
          spending plan is one of the most important structures 
          you will need in life.  A good spending plan will enable 
          you to lay the foundation for a strong savings plan and 
          will also feed your portfolio.  The perfect spending 
          plan will help you build strong personal discipline that 
          is a necessity in life.  Let me explain to you how you 
          should capture your spending plan.  The reason I use 
          the word capture is that a spending plan is often like a 
          wild horse, out of control.  The secret is to capture and 
          control your spending so that you can have the finer 
          things in life.  Here is a plan that I devised that worked 
          for me and it should work for you, as well.  The easiest 
          way for me to explain this is by submitting an example.  
          The first thing I did was make a list of my bills and 
          their due date for the month (such as--the electric, 
          auto, insurance, phone, rent, and et cetera).  After I 
          listed each bill in date sequence, I placed the average 
          amount of each debt beside each bill and due date.  
          Second, on a clean piece of paper, I listed my weekly 
          income and subtracted any bills that were due during 
          that specific week.  I believe the most important thing 
          in creating your spending plan is to pay yourself first.  
          At the first of every week, take out whatever money 
          you wish to save for that specific week.  No matter 
          what the amount might be, whether it is twenty-five 
          dollars or four hundred dollars, take it out and place it 
          in a separate account.  Second, always take a little bit 
          more money out for your weekly expenses than you 
          actually need.This will keep you from breaking your 
          spending plan.The main objective for creating a 
          spending plan is for you to  learn how to pay yourself 
          first.This, in essence, will help you secure the money 
          you will need to purchase your American dream, your 
          new home.  Like anything else, you can modify the 
          plan so that you are comfortable with it, but you must 
          stick to the a plan.   
           
          One way to secure your extra money, which 
          you will need for your new home, is through mutual 
          funds.  Mutual funds are an excellent way to save 
          money.  The best place to obtain information about 
          mutual funds is through various financial magazines. 
          After you have chosen your mutual fund, go back to 
          the beginning of your spending plan.  This is where you 
          will pay yourself first.There are other ways to save 
          money. You can use U.S. EE savings bonds, certificates
          of deposit, floating rate bonds, and/or U.S.treasuries.
          Sounds great doesn't it.However, that is only a piece of
          the up  and coming pie. You see, we are going to put together
          a portfolio, so that after you are in your new home, you 
          can relax and enjoy life.That's right; there is more.
          You did not think I would leave you setting home alone,
          did you? 
           
          After you have settled into your new home, 
          we will begin to build a solid portfolio.My purposes 
          are to get you back on your feet, to build your 
          confidence and self esteem, to help you set up a 
          spending plan, to get you and your family into a new 
          home, and to build you a powerful portfolio.That 
          way, you can begin to live the American dream.We 
          were put on earth to enjoy life.  Life should be full of 
          joy, love, and happiness.So remember, when you 
          begin this program, stand tall, stay confident, and do 
          not become discouraged when things do not go quite 
          right. Remember there is only one person who can 
          make this happen, and we both know who that is, 
          YOU. 
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
          
