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	<title>David Beairsto</title>
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		<title>Top 3 Personal Financial Planning Rules</title>
		<link>http://davidbeairsto.com/top-3-personal-financial-planning-rules/</link>
		<comments>http://davidbeairsto.com/top-3-personal-financial-planning-rules/#comments</comments>
		<pubDate>Wed, 07 Apr 2010 21:49:44 +0000</pubDate>
		<dc:creator>David Beairsto</dc:creator>
				<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[Lifestyle]]></category>
		<category><![CDATA[cash flow]]></category>
		<category><![CDATA[debt elimination]]></category>
		<category><![CDATA[debt reduction]]></category>
		<category><![CDATA[personal financial planning]]></category>

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		<description><![CDATA[Personal financial planning is the key to becoming a successful entrepreneur.]]></description>
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<p><em><strong>Keep The Lifeblood Flowing</strong></em></p>
<p>Dried up cash flow makes <a title="personal financial planning" href="http://WorkAtHomeBusinessFromAnywhere.com/wealth-health-wisdom" target="_blank"><em><strong>personal financial planning</strong></em></a> impossible. Entrepreneurs spend most of their time and creativity either increasing profits  from an income stream, or adding new income streams.</p>
<p><em><strong>Stop The Bleeding</strong></em></p>
<p>Carrying debt is like bleeding your profits before they get circulating. The credit quickened economy wants you to believe you can enjoy what you can&#8217;t afford today. Debt reduction is like a leaky band-aid; eliminate debt even if you need stitches.</p>
<p><em><strong>Live Long and Prosper</strong></em></p>
<p>That never gets old, but we will. Unless we know how to protect our assets, the odds are pretty good that someone who wants what we&#8217;ve worked hard for might try to get it someday.</p>
<p>The same principles apply to our business finances as well as our personal finances. Here they are again:</p>
<ol>
<li><em><strong>Increase Cash Flow</strong></em></li>
<li><em><strong>Debt Elimination<br />
</strong></em></li>
<li><em><strong>Secure Assets</strong></em></li>
</ol>

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