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5) What have I got inside, in the way of physical energy, ideas, knowledge, skills that I could use to generate some income?

This is another, and probably huge, part of your non-financial assets. What can you do or what do you know that someone else would be willing to pay good money for?

What does it take to sell what you know? Well that’s what the whole “Build Your Course Online” project is about.

First of all, Gail and I know a lot about this. So when we got to question number 5, Read the rest of this entry »

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4) Who are my friends and fans (that’s part of the non-financial group of assets)?

Most of us have friends and many of us also have fans, people who really admire us for some fool reason or another. Get together with your friends and fans and brainstorm ideas about how to help each other through this slump. It could be to work together on any of the ideas we’ve already discussed. But open up to possibility and think outside of the box.

Think about a “community trust.” Back in the 70’s when the oil embargo had such a big impact on the economy, my friends and I got together and created just that.

What we used it for was tools, equipment and recreational gear. We pooled what we had, took an inventory, sold off Read the rest of this entry »

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2) Is there anything I can sell that I won’t miss?

Even if you owe more than you own, why not use this as a good moment to simplify life by getting rid of some of those things you’ve spent money on that don’t really get that much use or that you have tired of and just won’t miss if they disappeared. You’ll be able to use the money you make for which ever wheel is squeaking the loudest.

Think about organizing a garage/yard sale or a church flea market. They can be fun and sometimes you can actually Read the rest of this entry »

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