Financial Planning Concepts for IBOs



OVERVIEW:  “Most families spend substantially more time
planning a vacation trip than they do their financial trip!”                

                          -Robert Pierce, IBO and Financial Planner

 

DISCLAIMER:  The ideas and counsel given here are very general and intended as strictly educational; they are not intended to replace the advice of your Upline(s) and/or any reputable financial planner, accountant, attorney or other professional.  No guarantees are being implied or given.
 
GENERAL:  The best advice I can give you is that you should educate yourself enough to avoid delegating total responsibility and management of your financial affairs to any other person or firm.  You probably will need some professional counselors (preferably a Certified Financial Planner; Certified Professional Accountant; Attorney) but follow the leader of our network, Dexter Yager:  understand your financial decisions and keep a regular watch over them.

YOUR PERSONAL and BUSINESS FINANCIAL PLAN:  As a committed IBO, financial planning should be considered an exciting part of your overall Business Plan.  When an IBO is approaching Platinum he/she should already have a complete Plan well developed.  Such a Plan will enable and encourage you as you shoot for Platinum, Emerald, Diamond and above.
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