S is for starting point—Understand your financial story.

T is for team—Build a team that supports your goals.

E is for evaluation—With your team, construct a tax loopholes strategy.

P is for path—Create an action plan to implement your tax loop-holes strategy.

S is for starting point—Look at your new financial statements. What worked? What didn’t work?

and can give you good advice based on their own personal education, experience, and special skills.

Can you do your own accounting and tax planning? Absolutely yes. In fact, in the beginning you may want to take care of the bookkeeping your self, provided you are able to keep good records.

If you don’t work directly with a personal advisor, make sure you do have access to an expert to check in with. For example, you might want to have an accountant or full charge bookkeeper review your accounting at year-end.

Particularly if you are just beginning in your business, the tax strategy of selecting the right business structure and finding your own hidden business deductions might also be something you can do yourself. Again, though, we recommend that you have an expert with whom you can discuss the implications. Attend seminars, read books, listen to tapes, and attend classes to get the information you need to create a basic plan. We offer a special on-line mentorship for beginning businesses and real estate investors that pro-vides virtual classes and gives you the ability to ask us about specific items related to tax strategies and asset protection for an entire year. A program like that might be the best solution to keep costs down in the beginning.

The three most expensive words in the English language are “Do it yourself.”—Tom Wheelwright, managing partner, DK Advisors Doing it yourself might make sense for you in the beginning with your new business, but it generally isn’t advisable as a long-range strategy. As your business and investments grow, you will likely find that the most expensive person in your business is you! If you have the need to control all of the business, then everything will need to go through you. You become the bottleneck in the growth of your business. If you want to grow, you need a team that supports your goals!

One day last year I ever talked to my wife that I will bring her to enjoy holiday in other countries. I talked her that I prefer to go t o Thailand or Argentina because I know there are some interesting destinations at there. Now when I remember my promise I open and explore the internet websites to find some information about holiday packages.

First I try to find for Thailand and Argentina travel agent especially which provide online service so I can get more information in the short time. My guess the package will including around one week of holidays to get optimize enjoying the destination. After get all information I can prepare my fund for several next month as my planning,

I still confuse how to get fast money to complete the done payment of home. I already get final thought to buy a home after long discussion with my wife. Even my home target is just a second one, not a new home but I will proud if I can have it.

It has around 160 meters square with building 100 meters squares and the other thing that makes me happy is the condition of wall and roof still good. May be I just need to repaint the entire wall base on my desire and everything will be fresh again.

Back to the fund, I still need 40% for done payment and this case is really out of my control. Actually in the end of last year I already have enough money as done payment but suddenly my wife got sick and should be stay for three days in hospital and have to do surgery to take out the illness. Un-lucky for me because the illness of my wife is not covered by insurance so I have to pay all of hospital cost.

Finally at the end of the day in hospital, I pay all of the cost with my credit card. I rarely use this credit card and I am confident can pay the loan without worry if someday I have to do credit repair (if I can’t pay out). What I was thinking just to bring my wife out even the cost is too big for me.

I understand if the worse case I can’t pay the loan it will be difficult to fix credit especially in relation with my credibility in the banking list. I have backup plan ask some provider who can help me to repair credit (I hope that’s not happen) so I can pay easier.