A) If you are going to transform yourself into a financial wizard, with money, security, and assets, then you need to begin this transformation by clearing out cobwebs, and making way for a new tomorrow.

B) We are all perfectly capable of becoming “Financial Wizards.” None of us are without ability to amass vast quantities of prosperity and wealth, in an easy, painless fashion. Benjamin Franklin believed that we are all equal, entitled to equal opportunity. If we just take a few simple steps, each day, we can achieve greatness.

C) But first step is to take responsibility, and many “Financial Wizards” have debt issues, credit issues, budget issues, and spending issues. We’re all human. So, first step is to address these issues one at a time, and take ownership of them, and change them.

D) But, hey listen! They ain’t no big thing, you hear me!? These are SMALL issues to deal with, not large ones. These are little tiny duckies. You need to realize that, in order to tackle them and move on.

Let’s take a look at these lil’ tiny duckies…Gee aren’t they cute? No big deal:

1. THE DEBT DUCKIE!

2. THE BUDGET DUCKIE!

3. THE SPENDING DUCKIE!

4. THE lil’ FICO DUCKIE!

1. THE DEBT DUCKIE!

A: If you have out of control debt, then you need to deal with it, and please, don’t do it alone. You need to seek out counsel from professional services who can examine your current debt situation, and provide you with a short term, mid-range, and long-term plan to get you debt-free forever.

B: Debt can be such a burden in your life, that sometimes, it's hard to take that first step, to concede that you have a problem, and accept that you can't solve it alone. It weighs so heavy on you, that it blinds you to big picture.

C: So, I'm suggesting that it's time you simply make decision to see forest from trees. You'll need help. Go get it. There are lots of debt-assistance programs out there. Most of them are non-profit, or you may need legal assistance through an attorney. But, don't put this off any longer, plain and simple. You just CAN NOT become a “Financial Wizard,” if you are encumbered with debt. This is goal one. Go get some solid advice from those you trust, and line that duckie up!

2. THE BUDGET DUCKIE!

A: If you’ve never created a budget, that’s okay! You can still be in club, you can still become a “Financial Wizard,” and you can still amass an amazing array of wealth. But, you must get started sometime.

B: And you know what? Today is a great day to start!

C: A budget is more than just writing down how much you spend on groceries. A budget requires a review of your spending, and a recognition that money is power, and it is also an expression of your values, and a measurement of time.

D: For example: Sit down, and write out how much you spent in past, like last month. Then, write down how much you are currently spending in present, like last week. Finally, write down how much you want to spend in future, like next month.

E: So, let’s talk about what you wrote down for future. Did you pull that money together, that powerful tool for changing your tomorrows? How much did you put down for savings? How much did you budget for your 401k, and for your mortgage payment, or for your ROTH-IRA, or your savings towards a down payment on your first home?

F: Aha! There’s cute, lil duckie!

G: The important thing to recognize here is that budgeting is an acquired skill, and you don’t have to go at it alone. Seek out advice from professionals that can help get you started in budgeting your money, so that you are honing your skills and becoming a person of action, and not a person of reaction. All of important elements of your finances need to be taken care of and represented in your budget, as you examine your yesterdays, your todays, and your tommorows.

If you want to be a millionaire, if you want to be smart with your money, if you want to get ahead in life, build security, establish equity, and retire in confidence, then you must, simply MUST become King of your Castle!

You need to buy your first home if you haven't taken this important step yet. If you have bought your first home already, then read on. I know you already are nodding your head in full agreement, but let's briefly review some of really cool things that happens when you own your own home:

Thing 1 : All interest paid on your mortgage is a tax write-off at end of year.

Thing 2: You are building equity, and FAST!

Thing 3: No more landlords, No more thin walls!

Thing 4, tax break, gives you breathing room financially.

Thing 5, Equity. Huge deal here.

Thing 6: The King of your Castle!

Thing 1 : All interest paid on your mortgage is a tax write-off at end of year.

That's HUGE. If you pay $1000 a month on your mortgage, vast majority of this is interest.

You're write-off at end of year, will be around $12,000 as a scheduled deduction on your 1040 to tax-man. See massive benefit this has, come April 15th?

Watch your savings account thrive, or go on an awesome vacation to Jamaica, or buy a new car, or invest in a mutual fund. We’re talking thousands of dollars here, for most Americans, in realized tax savings!

If this isn’t enough to get you salivating, then I don’t even think a bag of money falling from sky will elicit any kind of reaction from you. Come on! Thousands of dollars in tax savings! That IS, in fact, a big, bag of money! Huge, huge, huge.

Thing 2: You are building equity, and FAST!

Last year, mid-2003 to mid-2004, average American home appreciated around 9.5%. Think that's good? In 74 housing markets, appreciation was in double-digits.

Generally, a low appreciation is considered to be around 4%. So, with that kind of amazing track-record, you need to sit down with your trusty calculator and start getting your hands around reality that this could be YOU!

There's nothing that prevents you from buying your home. All objections can be overcome, and all obstacles can be reckoned with.

First, though, get to point where you fully understand power of leverage, as many homeowners have come to realize, with owning your own home.

Thing 3: No more landlords, No more thin walls!

No more neighbors behind sheetrock, no more carports, no more smelly garbage bins, no more gross washer/dryers, no more rude, late-night out of control parties, no more leaky faucets ignored, no more intrusive and neglected bugs and vermin! That was your old life. This is your new life.

This is your home. You own it. You run it. You are master of your domain!

You maintain it, improve it, and take pride in it.

It is American dream, of course, to own a piece of land that you can call your own. I know you feel it in your bones. I know, that you know, that this is true.

So, how does owning your own home, get you to be a millionaire? Well, that's incredibly simple:

Thing 4, tax break, gives you breathing room financially.

Your tax return can be substantial, and this means more money in your pocket, less stress in your bank account.