Ramsey- Job Searching, Rent & Mortgage Flashcards
This means that the average worker could have as many as _____ different jobs in his/her working lifetime.
20
Myth: As you grow, you ________.
Change
Truth: You do not _________ your personality.
Outgrow
Myth: You will learn and grow the most in the areas in which you are _________.
Weakest
Truth: You grow in your _________.
Strengths
Career coach Dan Miller reminds us that _________ is ultimately never enough compensation for doing a job.
Money
Find something that blends your skills, ___________, personality traits, _________, dreams, and __________.
Abilities, values, passions
Companies do not start out looking for _____. They have a specific ______ and they need someone to meet it.
You, need
When it is time to contact the company, think of it like starting a new _____________ with a person.
Relationship
Contact your possible place of employment three times with:
- introduction letter
- cover letter and resume
- phone follow-up
Interviews and jobs come from persistent follow-up and ____________.
Networking
Present yourself well in an interview. You are the _________, so make it the best one available.
Product
Good tips for a successful interview:
- be on time
- address everyone by name
- offer a firm, confident handshake
- maintain eye contact at all times
Designate a time to _________ _____ after the interview… and DO IT!
Follow up
Get started with an extra job by being willing to _________ to win.
Sacrifice
Have a detailed _______ so you can see the finish line.
Plan
Beware! Do not allow your work to be the source of all your satisfaction and ________-___________.
Self worth
What is baby step 6?
Pay off your home early
When selling a home, you should think like a __________.
Retailer
Home ownership is a great investment for three main reasons:
- it’s a forced savings plan
- it’s an inflation hedge
- it grows virtually tax-free
Homes are priced on three things:
Location, location, and location!
What not to buy:
- trailers or mobile homes
- timeshares
What is the first thing to remember when dealing with a mortgage?
Hate debt
The best mortgage is the _______ down plan.
100%
Why is there nothing wrong with renting for a little while?
It demonstrates patience and wisdom
Horrible mortgage options:
- Adjustable Rate Mortgages (ARMs)
- Reverse Mortgages
- Accelerated (or Bi-Weekly Payoff)
Basic ways to finance a home:
- Conventional
- FHA (insured by federal government)
- VA (insured by Veteran’s Administration)
- Owner financing
The average job is now only _______ years in length.
2.1
