tools can help you learn what you need to know to make smarter money moves. Plus, working on your financial health can make you feel really good about yourself. HOW FINANCIAL WELLNESS CAN MAKE A DIFFERENCE Being financially fit can change the game for real estate investors in two main ways. NO. 1 BETTER BORROWING BEHAVIORS. Feeling stressed about money can make you less careful about your finances, in general, and about borrowing in particular. When some investors feel financially strapped or stressed, they shut themselves off from their finances; they are hesitant to look at their bills or even their checking accounts. Can you relate? The good news is this: When you use smart financial wellness strategies, you can feel more confident because you are more focused on positive borrower behaviors, which in turn will help you build life-long fundability.
life. To really succeed, you need to do the following: PERSONALIZE YOUR FINANCIAL WELLNESS BLUEPRINT. Everyone is different, so your plan for financial wellness should be too. NO. 1 Look for strategies that fit your particular financial goals and situation. You might want advice on how to get low-cost funding or you might want to track your financial health every month by making a budget, managing debt, and planning for the long term. NO. 2 JOIN A SUPPORTIVE COMMUNITY. Being part of a group that cares about financial wellness can also help. You can connect with other real estate investors who are facing the same challenges you are. Seek out companies that create spaces for people to share their experiences, ask for advice, and support each other—especially during stressful times.
focused a lot on their credit score. But it’s not enough just to have a good credit score. You need to focus on your overall financial health because that’s what really makes a difference in getting approved for loans and credits. To become a financially healthy investor, you need to work on the five Fundability Factors systematically. Think of it like building a bridge. You need to do the right things, in the right order, at the right time to make it all work. When you do, you’ll see a major positive shift in your financial health. •
NO. 2
BE MORE PRODUCTIVE. When
you’re worried about money, it’s harder to focus on your investments. But when you use tools like financial coaching and online resources, you can tackle your money worries head-on, which allows you to concentrate more on your real estate investing. TAKING CARE OF YOURSELF MATTERS Remember, financial wellness isn’t just about your bank balance. It’s also about taking care of yourself so you can nurture a higher standard of living and a greater quality of
Merrill Chandler, a personal and busi- ness credit pioneer and co-founder of Lexington Credit Repair Law Firm, became dissatisfied more than 30 years
ago with the ineffective results of credit repair. He discovered that getting approved for personal or business credit did not rely on a credit score but, in fact, was the result of having “fundable” borrower behaviors. With the right strategies, a borrower could “optimize” their financial behaviors to become highly fundable, increasing the frequency and amount of their credit approvals. He co-founded Get Fundable! to help real estate and business entrepreneurs nationwide grow their businesses the way they want, resulting in his students and clients becoming more fundable and getting more than $250 million in funding.
FROM CREDIT SCORE TO FINANCIAL WELLNESS For a long time, people who wanted to get credit or loans
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