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Personal Growth Blog for Philip Tirone – Credit Scoring Expert and Champion for the Underdog

Posts Tagged ‘Credit’

Seat belt Buckled, Ready for Liftoff – Personal Growth and Development Day 11

Seat belt Buckled, Ready for Liftoff – Personal Growth and Development Day 11

I ended this week… FLYING (the way personal growth and development should be!).

The paragraph from “The Greatest Salesman in the World” really spoke to me this week, and hope you will be moved by it as well:

“I was not delivered into this wold in defeat, nor does failure course in my veins. I am not a sheep waiting to be prodded by my shepherd. I am a lion and I refuse to talk, to walk, to sleep with the sheep. I will hear not those who weep and complain, for their diseases is contagious. Let them join the sheep. The slaughterhouse of failure is not my destiny. I will persist until I succeed.

My mindset is SO STRONG, even in the face of frustration and despair it’s not affecting me. For example, I rolled out a new product this week – “How to Get a Home with No Credit or Bad Credit and Great Interest Rates.” I have put my sweat and tears into this for the past month, coming up to Thursday’s launch, I was so confident that I was going to CRUSH IT! Thursday came, went and the sales were dismal at best. I remained grateful for experience… looking for the learning experience. I found it… the doors started to open. The dismal sales led to conversations I would never would have had about how to exponentially grow my business. Also, I asked the people who were on the call for feedback and I got amazing feedback on how I can improve the next call.

I’m tracking where my positive mindset is at the end of every day and the next day, trying to build on that. Being focused on my personal growth and development is really working for me.

The best way to describe me now… FLYING.

Seat belt Buckled, Ready for Liftoff – Personal Growth and Development Day 11

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A Mindset like a Grumpy Old Man – Day 8-10, Personal Growth and Development

A Mindset like a Grumpy Old Man – Day 8-10, Personal Growth and Development

I’m so used to being positive, I’m so used to winning, that over the past two years, there has been so much negativity, I find myself wallowing in that world… this is affecting my personal growth and development.

Now that I have this big goal, I can’t afford to let a day go buy where I’m in a “funk.” So, Tuesday, I started my day at church (as usual) however, I took my journal in and simply wrote affirmation and repeated them out loud, over and over. I wrote:

I’m made to win…
This is my time…
This path is perfect…
I’m excited about the journey…
I’m being guided by the Holy Spirit … lean into it!
Got has an exciting plan for me…
The moment is now….
I feel a big win coming…
I’m ready!
Now is the time….
Ready for liftoff!
Father… guide me…
Thank you for this experience…
I feel it! Yes!

I walked out of there on fire…. This is the feeling that I have been lacking for a long time.

I’ve been tracking my excitement on a scale from 1-100…. Trying to build it each day. I find that it is easy for me to wake up, “in the funk.”

Last night a friend came over and brought my wife the book, “The Greatest Salesman in the World.” It has been years since I read that book! It was like a long lost friend… I stayed up late last night reading the “scrolls.” One thing has become evident to me. In my maturity, I have become more realistic with my goals. I don’t shoot for it like I used to, I don’t protect my mind set like I have in the past.

I’m going to change that….. Over the past couple days I’ve been devouring the scrolls in the book. Reading them over and over. Again and again… I’m ready, I’m excited. I feel the same way I felt years ago, where I defied odds with my success… I’m ready to do that again.

I think over the past few years… I have matured too much. I have matured into believing that life is hard and difficult. I’m done with that conversation, ready to rock.

Last night, I had the idea about going to companies and offering my Credit Teleseminar….there would be no “sales” copy, as their employees would be able to “name their own price”….. I’m going to run with that.

I’m will persist until I succeed…. Failure does not run through my veins. My personal growth development is happening exactly the right way.

Stick around… magic is going to happen.

A Mindset like a Grumpy Old Man – Day 8-10, Personal Growth and Development

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Day 5-7, It’s all About Confidence – Personal Growth and Development

Day 5-7, It’s all About Confidence – Personal Growth and Development

So last week (Day 2), I wrote about how I’m allowing my clients to “Name their own Price’ for what we have…. Results were dismal at best (typical personal growth and development stuff!)! Very frustrating… I thought for sure we were going to have 50, 70, 80% of the people interested and take advantage of it. Hardly. We only had 14% of the people on the call take advantage of it… that is only 4% more than we normally get! Where was my message off for the other people?

This last weekend was all about protecting my confidence. I had to do it with my Father and my wife. My Father called me to “caution me about my finances.” I told him that 18 years of growing up around him being as frugal as he is, was “caution” enough. I got off the phone and had to talk-myself into being confident again! Next, my wife wanted to have a “realistic” conversation with me about housing. I said to her, I we are going to make $500,000 in 90 days, “realistic” shouldn’t be in ANY of our conversations. Fortunately, I have a rock star for a wife and immediately she bounced back into miracle mode!

It’s so much easier for me to be “cautious” and “realistic”? But I don’t feel alive when I play that game! I’m passing on that conversation. I’m choosing to be “unreasonable” with my goals and ambitions. For whatever reason, it’s more nerve racking, but it’s much more fun.

The more I think about it, the key to my personal growth and development is protecting my confidence. Dan Sullivan, my coach and mentor (founder of Strategic Coach) has said this to me for years, but now I’m finally getting it (I’m a self proclaimed slow learner). I find this interested because people think I’m so confident, and people assume I will always hit my goals, yet…. I’m just like you. I doubt.

At lunch, to give myself a shot in the arm, I read Gary Ryan Blair’s personal growth write up on “How to Create a Big Bang (download here).” It states that to accomplish a Big Goal and it states that “it requires a fearless, daring, and courageous spirit, nerves of steel, and a massive dose of self – confidence.” Wait…. Is that me? I find it interesting how I doubt myself.

All I know is that I’m in… the game is on! I’m going to take everyday and swing at the bat… and swing HARD!

I’m okay with whatever public embarrassment comes with it declaration, because it will contribute to my personal development…. Nothing great in my life, nothing amazing in my life, no miracles in my life, have ever happened with shunning from the extraordinary.

My message about credit is SO important that I will save the American economy… this is the message that needs to be heard – if I don’t speak boldly and loudly, I’ll be doing a disservice to the hundreds of millions of American’s that are overpaying on their bills and not even realizing it!

Also at lunch I made a list of the “Big Wins” that are possible this quarter…. There were 13 items on the list. Six of the thirteen “Big Wins” have come to me the last week… YES! WOW! I didn’t even realize this.

PUT on your seat belt…. I’m ready for liftoff, I’m ready for a massive transformation!

P.S. I’m committed to spending 100% of my weekends with my family… that is why I’ll only be writing about personal growth and development posts on the weekdays.

Day 5-7, It’s all About Confidence – Personal Growth and Development

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Personal Growth and Development – Day 3 – Consider the Fact That Where I am at is Perfect

Personal Growth and Development – Day 3 – Consider the Fact That Where I am at is Perfect

Excitement Level:  6

Well… another day of Personal Growth and Development. I had lunch with a college friend of mine today and we started talking about family members and money.  I said to him, “consider the fact that your family member is exactly where he is suppose to be, from a learning perspective.  Consider the fact that he needs to go through this growth, and there is nothing wrong with it.”  I left the meeting, asking myself – “why don’t I feel the same way?”

I need to consider, that the fact that I have lost money month after month for the past two years is exactly what was suppose to happen.  I need to consider the fact that who I am today is exactly who I am suppose to be – there is nothing wrong with what happened, as this was simply training and development for me to become the person I am suppose to be.  There was a reason for the past two years, right?  That is the question I’m asking myself deep down…. Was there a reason?

The book, “The Purpose Driven Life” sold tens of millions of copies… why?  I believe because everyone wants their life to mean something.  My friend, Brendon Bruchard, who speaks nationally asks it this way, “Did I matter?”  I want to know that the last two years of pain, the last two years of struggle, the last two years of frustrations was for something!

In my heart I believe it, yet without results it becomes an act of faith.  For me, faith is the hard part.  This is where I need to grow, this is what I need to “lean into” so I can grow faster.  Do I believing that there is a plan bigger than myself?  This is what I’m seeking, this is what I need to embrace, I am grateful for this opportunity to learn.

Confession:  I’m writing this everyday, as if they are being posted on my blog, but they are not yet (right now it’s simply on a Word Document.  I still have not decided to take on this 90 day challenge public.  I ask myself, “Why am I not doing it?”  Here are my answers to myself:

-         People don’t want to hear this stuff….

-         What if I don’t hit my goal…. Everyone will know that I failed.

-         What if I look bad in the process…

-         Will this impact my credibility with my clients?

I will tell you, when I think about those questions, I loose a lot of energy. When I think about being genuine, when I think about being transparent, I get energized.

As I write this…. It’s clear to me that it is more important to me be genuine, real with my clients and friends knowing that I’m struggling…. than fake and insincere, with all my clients and friends thinking I’m a huge success.

I write this as a human being that struggles everyday, but believes, with all my heart and soul, that there is a plan, a purpose for my life.

This is the personal growth, the personal development that I’m embracing, this is what I am focusing on, that is I’m creating in my life.

Personal Growth and Development – Day 3 – Consider the Fact That Where I am at is Perfect

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My Personal Growth and Development – A Declaration, $500K /90 Day /$50K to Charity

My Personal Growth and Development – A Declaration, $500K /90 Day /$50K to Charity

Let me declare something up front, I’m very uncomfortable doing a public declaration for my personal growth and development. This is why I’m going to do it.  2010 is my year for no ego… so anything that makes me uncomfortable, I want to do. I’m been around personal growth and development my whole life, however, it’s always been a private conversation…. not any more!

I get comments all the time, “how successful you are Philip” or “I saw your commercial on TV, you must be making a fortune.”  Newsflash:  I’m not.

For the past two years I have pulled money out of my savings as I attempted to “figure  out” how to be a thought leader around credit.  As many of you know, I’m very passionate about credit.  After reviewing tens of thousands of credit reports, I’m convinced that the system is unfairly set up against the average American.

Am I making money?  Yes.  But not enough to cover my expenses.  Am I still earning money form the loan business I’ve been in for 13 years?  Yes.  But not enough to cover my expenses.   Each month I’m pulling out of savings and it is very unsettling.

I ask myself – should I just quit?  Should I do something else?  I ask myself that every day.  What type of Husband and Father am I if I cannot provide for my family?  What type of Husband or Father am I if I take money out of savings every month?

Last week I attended a four day business retreat, and I left there moved and inspired.  It talked about being aligned with my goals, goals that feel right.  About choosing Big Noble Goals.

Here is mine for the next 90 days:

Earn $500,000 in 90 Days, with $50,000 being donated to charity when I achieve it.

How will I make this happen, I have no idea.  What I do know, it will not be the way I have been doing it… it just doesn’t feel right.

Each day I’m going to report my excitement level and my progress on my personal growth and development. Today my excitement level is a 10.

My Personal Growth and Development – A Declaration, $500K /90 Day /$50K to Charity

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Fidelity 529 Saving Plan Fees

Philip Tirone, Fidelity 529 Saving Plan, 529 Fees, Credit

If you look at the small print, 529 Saving Plan Fees are not cheap, however, Fidelity just announced that they are cutting their 529 Saving Plan Fees by 50% in certain states.  Yes, 50%!

These state include, New Hampshire, California, Massachusetts, Delaware, and Arizona. Vanguard and Upromise, which manage plans in New York and Colorado, have also cut fees, as has TIAA-CREF, which manages Vermont plan.

Keep in mind, over the long term, it’s not about investing at the right time, it’s about “investing consistently.”

If you have children, talk to your financial advisor about Fidelity’s 529 Saving Plan Fees, and see if this, or another 529 Saving Plan could be the fit for you and your family.  Let’s make 2010, our best year ever!

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Department Store Credit Cards That Are Easy to Get

Philip Tirone, Department Store Credit Cards That Are Easy to Get, Credit

Department store credit cards are typically easy to get as there is no income verification.  However, there is a federal proposal requiring department stores to get the income information before a credit card could be awarded.

Now, this could help people who abuse the credit system, however this is a nightmare for the rest of America who use department store credit cards strategically.    Practically, this law makes absolutely no sense – who carries around their paycheck stub or W-2 on a daily basis?

I’ve always maintained that department store credit cards are not good for a person’s finances or their credit score.   However, there are times when a responsible person buying  a big ticket item can save 10-20% by applying for a department store credit card - and that can add up to a lot of money.

Who knows if this new law will pass and there will no longer be department store credit cards that are easy to get, but once again, I sometimes wonder how we have elected the politicians that make absolutely no sense in their actions.

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Federal Government Salary Increase for 2010

Philip Tirone, Federal Government Salary Increase 2010, CreditThe Federal Government Salary Increase for 2010 is in, and I’m speechless…. What world does the government live in?  Surely not ours!!!

Let me start with this statistic…. The average federal employee has a salary of $71,206. The average private sector employee makes nearly $31K less at $40,331.  Does this sound fair to you?

According to USA Today, the number of federal workers whose salaries equaled or exceeded $100,000 jumped by 5 percent during the recession.  A five percent jump!  So, while the rest of the world is cutting back, the government is giving themselves salary increases.

“When the recession started, the Transportation Department had only one person earning a salary of $170,000 or more. Eighteen months later, 1,690 employees had salaries above $170,000,” USA Today reported.

The hypocrisy of this Federal Government Salary Increase for 2010, comes after 7.3 million people have lost their jobs!  How about showing a little restraint?   Does this make anyone else frustrated?  If so, tell me about it below.

www.NoToSacramento.org

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A New Face for Credit Card Privacy Notices

Blog_ContractsTruth be told, we all throw those fine-print privacy notices in the trash, right? After all, who has time to read them? And who can understand them anyway?

Good news! Those hard-to-read, legalese, fine-print notices from credit card companies, banks, and other financial institutions might be a thing of the past. Federal agencies are pushing a user-friendly form that uses large print, common language, and a ton of tables and graphs that illustrate cause and effect. Though the forms are not mandatory, banks and other financial institutions might opt to embrace them as a means of polishing their tarnished reputations. One step forward for consumer-activist groups!

Tell me your credit card horror story below. What didn’t you know that you think they “should have” told you or should have been more “clear” about?

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Want to be Featured On TV?

I’m filming tomorrow and need additional “credit and finance questions” for the show.  Ask me anything you have ever wanted to know!  The more background you can provide, the better.

To submit your question(s), feel free to leave a comment below.

Thanks!

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