I have heard that most New Year’s resolutions are long forgotten by mid-February so I thought I would take a look and see how I am doing on my 2 main goals for 2013.
Goal Number 1: Lose Weight
I thought I would start with the simplest and most straight forward of the 2 goals, losing weight. I want to lose 15 pounds by May to get me to about 215 in time for softball season. I want to still be able to make it down the line quickly and not hurt my knees so much so getting to 215 is a start.
On the day that I hit the heaviest I have ever been, I weighed in at 230.4 pounds. Since that day, I have managed to weigh in at even or down each week. Yesterday, I was 224.8 for a total 5.6 pound weight loss in a little over 6 weeks. A pound per week should be quite sustainable. Also, I have not lost any strength although my upper body workout has been less than stellar these past 2 weeks due to muscle spasms in my upper back. It should be better in the next week or two.
Goal Number 2: Lose Debt
This is a little more complicated as technically my liabilities have increased over the past month, but that is because the PLUS loans that are paid out for fall and spring semesters go into repayment starting in February. So that total has been added to the overall mix. But the debts that I have wanted to focus on (namely consumer debt) has been decreasing. In January, I managed to knock about $6000 off the total.
Now I started a new blog to more closely follow and share my progress. It is called Shredding Debt, which is exactly what I am looking forward to doing to all my credit cards when I get them paid off. Shred them for good! Be sure to stop by and check out the blog. The design and logo is the work of Andrea at Nuts and Bolts Media. I think she did a fabulous job for a reasonable cost. All I have to do is log in and start writing.
February will not end up as good. This is because I am hoarding cash for a possible business purchase or investment. I have been meeting with bankers and a consultant to see what can be worked out. I am keeping the cash in case I need to put up some equity into the deal to make it happen. Once the picture is clearer, I can resume my efforts.
Nevertheless, there will be some debt payoff simply from principal repayments. At least I am able to track my progress closely. I have been updating my spreadsheet monthly since October of 2012 working on getting debt paid off and freeing up some monthly cash flow.
Finally, here are the carnivals that featured my blogs in the past few weeks:
There are many reasons why you might need to sell a house quickly such as divorce, death of a loved one, or an international move. Maybe you inherited the property and need the funds to help settle the estate so that you can move on with your life and not be tied down to a piece of real estate. If I ever find myself in a situation where I need to sell my house fast, these are the tips I will use.
Price Your House Right
Everyone loves a deal, and there is no better way to sell a house quickly than to price it below market value. You won’t get top dollar for sure, but you will be able to unload the property quickly and have several potential buyers from which to choose.
Sell Your House at Auction
You might be able to get a higher price and sell it fast if you held an auction. At least you would know at the end of the day that it was sold. However, unless your house is in a more popular location where there is great demand, you might end up with a lower price than if you had used more conventional methods. But if the goal is to sell it quickly, an auction might be right for you.
Sell Your House to a Company
There are many companies that will offer to purchase your house from you. They will make an offer less than market price which is how they make their profit. Then they will sell the house or may even keep it and rent it out as an investment property. If you have to move as a result of your job, some employers will include this as part of their relocation package. Check to see if this is a perk that is offered with your company.
Should you choose that you want to try to get the most money out of your house and still sell it quickly, try these tips:
Clean Your House Up
Remember you will be competing against other sellers who have more time, so you really want to stand out from the competition which means the house should be exceptionally clean. No one wants to think about doing more work to get a house ready for habitation. Moving is work enough so most buyers will simply look elsewhere.
Make Necessary Repairs
Nothing says that a home inspection is only needed after a deal has been reached. Have an inspection before listing and make the repairs. That way, they will already be done prior to any offers so the house can close quickly. You can use this information in the negotiations and stay firm on price knowing that there will be no surprises or additional costs.
Stage the House
If you really want to stand out from the crowd, then have your house staged. There is no second chance for a first impression so having a professional who can lay out the furniture in the house and make it look great will go a long way to getting a top offer and getting the house sold fast.
And don’t forget that these tips apply to the outside as well. A fresh coat of paint and nice landscaping is important as well. Curb appeal is a big part of that first impression.
So keep these ideas in mind if you ever need to sell a house fast.
Readers: Any other tips for selling a house quickly?
Public liability insurance for the moment is not a compulsory level of coverage for businesses though there is currently a great debate raging regarding whether it should be mandatory or not. However, many businesses they are finding that customers are taking their business elsewhere if they do not have this level of coverage.
So what exactly is public liability insurance? To put it very simply, public liability insurance offers businesses protection against their liability for causing accidental bodily injury to third persons, and also against damage to a third party’s property while you undertake your business activities.
Say you are a plumber, and you are called in to fix a leak. If you accidentally knock something over and damage it, you are covered. Or if you a builder and the client comes on to the construction site and something falls on them, you are covered.
Public liability insurance covers businesses if the third party is on the business premises or if you are on the third party’s property, it is especially important to take out public liability insurance if you work on customer’s sites. If you do all your business by phone or email – for example you are an accountant or IT consultant – it is less important for you to take out public liability insurance as you won’t enter your client’s homes and they are less likely to come to your office.
It is important to note that public liability insurance does not cover any damages awarded as a result of your negligence, so if this is the case you would have to pay the damages and both sets of legal fees. However, if it is not found to be a result of your negligence then the public liability insurance policy would cover the cost of the damages, your legal fees and the claimant’s legal fees.