Friday, March 7, 2008

ASSESSMENT ANALYSIS OF FEB QUEST!


Today is the last day of February...

Let us now assess our Feb Quest entitled "LOVE, PEACE AND SUCCESS!"

LOVE, PEACE AND SUCCESS! REPORT

1. Must Have = 0
2. CFA Review and The Ancient Scrolls = 18%
Haven't followed the schedule strictly… The Ancient Scrolls, got drunk and haven't chanted it one night…
3. S.I.T. = 0
I have raised the amount but have used it too… It must not be moved for at least three months…
4. Stabilize the Business Empire = 25%
a. Fish Selling - Stopped
b. Food Cart - Not yet finished
c. Sexxxy!- not yet sold out, inventory still ongoing…
d. Others - the processed meat venture earned more than P1,500 net! 100% SUCCESS!
5. Travel for intellectual and social pursuit = 0

Additional Quest:
a. The Secret Book - Haven't finished = 22%
b. Deposit savings of 20% at Bank = 0

SCORE 0 + 18% + 0 + 25% + 0 + 22% + 0 = 0.65/ 7 = 0.0929 X 100 = 9.29
TOTAL SCORE = 9.29%

The result is quite disheartening... Let us analyse the situation using SWOT (Strength, Weaknesses, Opportunities, Threats) Analysis...

1. Strength - The processed meat venture is a hit... Focus on it and smoothen out the rough edges like record keeping and distributorship process...
2. Weaknesse - Time and money budget management... Poor record keeping...
3. Opportunity - The processed meat business...
4. Threats - Environment, drinking buddies...



Choose to be Rich Workbook
022908

Below is the form relaed to the recor keeping of expenses... I will fill it up for the month of March...

Personal Expenses
Name: Date:

Auto and truck
Loan Payments
Auto Lease
Auto Insurance
Gasoline/oil/tires
Repairs
Security Systems
Registration
Others
Total:

Charities
Church
Other
Total

Children
Clothing
Childcare
Education, Tuition and supplies
Wedding
Private School
Sports
Child Support
Toys
Religious Training
Other
Total:

Clothing
Purchases
Cleaning
Alterations/Repairs
Other
Total:

Education
Tuition
School Loans
Dues/Subscription
Books/Tapes
Seminars
Travel for Seminars
Other
Total:

Entertainment and Furnishings
Computer
Software
Home Office
Furniture
Art/sculpture
Home entertainment center
Other
Total:

Food
Purchased Food
Meals out
Other
Total:

Gifts
Weddings/Anniversaries
Birthdays
Holidays
Other
Total:

Others
Boat
Vacation Home
Pets/Food/Vet bills
Hobby Supplies/classes
Collectibles
Other
Total:

Housing
Rent
Mortgage
Property Tax
Insurance
Mortgage Insurance
Assessments
Home Security
Home Owner's Dues
Janitorial Supplies
Repairs/Improvements
Snow Removal
Pool Services
Lawn Service
Garden Tools
Other
Total

Legal and Accounting
Accounting/Bookkeeping
Tax Planning
Documents Preparation
Wills and Trusts
Other
Total

Miscellaneous
Interest
Alimony
Bank Fees
Other
Total

Personal Care
Hair/nail Care
Personal Items
Other
Total

Health Supplements
Vitamins
Exercise Equipment
Health Club Membership
Massage
Therapy
Medical Insurance
Dental Work
Eyeglasses/Vision exams
Medical co-payments
Hearing Aids
Prescriptions
Other
Total

Supplies
Home Supplies
Linen
Cleaning
Laundry
Lawn & Garden
Postage
Office Supplies
Other
Total

Taxes
Federal
State
Payroll
Other
Total

Utilities
Electric/Gas/Sewer/Water/Garbage
Cable TV
Basic Telephone
Pager
Cellphone
Lone Distance
Internet
Other
Total



I AM SO HAPPY AND GREATFUL NOW THAT…
022908

1. The meat processing business exceeded the target!
2. The Feb Quest is alreay finished!
3. A new successful quest awaits!
4. I am a millionaire!

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