A Joyful Noise

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    A real the eye opener scoop.

    When I was a kid I was taught to always pay myself first before I spent my paychecks.

    Mom and Dad insisted that I put aside 20% every time; originally in a little bank I had in my bedroom.

    Finally I saved up enough to open a savings account and continued the practice to this day.

    Sometimes I haven’t been able to hit the 20% but I always put something aside every payday even if it is only $50.

    In time and even with the low interest rate paid over the years it has added up to a nifty amount and I have always refused to tap into my savings when tempted to buy a new toy.

  2. 2


    I agree with Art and Scoop.

    Right now I’m interviewing with a developer (not sure if I should name them here) and hope I’m hired because I love this business and want to be around for a very long time.



  3. 3


    It still is a fast and furious business and most live for the day.

    But if they take the questions seriously and make a few projections people should, hopefully, get very concerned, wake up, smell the coffee and then do something.

    The part that most people don’t understand is that inflation along with not preparing for the future is the Beast we all deal with and that devours most everyone.

    We all not only have to keep pace with inflation each year; we have to beat it by several percentages. Every time we don’t, we lose.

    Visit any slum or skid-row anywhere and you’re likely to run into a lot of people living there who never thought that would be their outcome.

    Or look around at all the older folks. Some are living well but most are not. “We’re on a fixed income” is what you hear all the time. There are things they still need and want but can’t swing it after working 40 years including medicine.

    I, too, always take a cut of my pay and put it into something and most recently I’ve picked up a couple houses that I’m renting out.

    Savings accounts are fine but the banks interest doesn’t keep pace with inflation so you have to take some risks and at that same time always maintain as much liquidity as possible.

  4. 4


    One way to get an idea of the future is to use the rule of 72; but from an income perspective.

    If you make $70-G this year then first divide the number 72 by the current inflation rate.

    We’ll discover that if the annual compounded inflation rate is as suggested (“4.5%”) then in 16 years we will all need twice as much income ($140-G) then to live as we do right now.

    Should annual inflation run a little higher at 5% then we’ll all have to earn double our income in 14.4 years.

    I think inflation is more like 6% and if I’m right we’ll all need to double our income 12 years from now.

    It is the compounding of inflation that is left unchecked that steals us all blind and erodes our income.

  5. 5


    Be frugal!

    I’ll never forget years ago when a payday rolled around and I was waiting on my check so I could go to the bank, deposit most of if and then go to the store and buy groceries, diapers, baby formula and other necessities.

    That Friday at about 5:00 in the afternoon when our manager was handing out the checks instead of mine being the amount that I and my records clearly indicated I had earned and was due; instead I was handed an envelop and inside was my pay check for $1 (one dollar).

    I was stunned & shocked.

    When confronted my sales manager only said “you must have had some charge-backs”.

    I reminded him that they were also holding $3,000 of my earning’s in reserve funds.

    I asked why didn’t they take or deduct the charge back out of that?

    Or why didn’t they just take an small percentage out of this check and work with me on the balance?

    And why in the hell didn’t anyone at least give me some sort of warning or advance notice so I could make preparations and care for my family needs that week.

    My manager just shrugged his shoulders and walked away.

    When I went to accounting they couldn’t show me any cancellations.

    I pleaded for some relief and none was provided.

    I then went to the developer and he said there was nothing that could be done about it.

    Mind you I was a top producer and always sold my deals clean and was not a problem or a high maintenance closer.

    I quit on the spot and in no uncertain terms told the developer, the manager and accounting where they could stick their $1 check.

    Then I had to scramble to come up with some money to get those diapers, formula etc. and thank God I had some good friends who chipped in and gave me a quick on the spot loan.

    Yes, I paid them back too a couple months later.

    Went to work for another developer and a month later when I went back to get my reserves from the other developer I was told I had more cancellations and they kept that $3,000 as well.

    Since then I have always saved as much as I can out of each check and try my hardest to prepare for the future.

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    As a great blog named “The Timeshare Beat” once pointed out, it’s long past time to create a union for Timeshare salespeople–you know, the people responsible for creating and growing this multi-Billion dollar industry–and without whom this industry would have long ago cease to exist.

    All we have to do is manage to efficiently master the task of “herding cats”.

    Until that’s handled, the majority of Developers will keep winning by continuing to be complete slime balls.

  7. 7


    Life is to short to blow it.

    If you are in your 20’s look back for a moment to see how fast the first 20 years passed.

    In your 40’s; look back between when you were 20 and now 40ish. Same story. That time zoomed by at record speed.

    Everyone over 40 look ahead and that time, as you are seeing for yourself is passing much quicker then before. You are seeing it now in real time as the kids are likely out on their own, age is showing its signs and you are just beginning to slow down a bit.

    Over 50? Time is really moving along now.

    Hit 60 yet? There isn’t much time left!

    Moral to the story. Get it together before the time runs its course!

  8. 8

    Expat Bob

    Jack has it right about time.

    That is why I moved to Cabo last year.

    Not looking back, don’t want to ever go back and I’m here to the end where they can plant me for all eternity.

    Like Jack said. Life is to short and up in the old country (United States) there are no guarantees anyway so for me to live that life any longer was not desirable.

    In Cabo my work day is done around 2 in the afternoon.

    I can walk to the resort from my Condo near downtown.

    I go Panga boat fishing at least once a week with a real good Buddy after we get off work.

    On my regular day off I’m out golfing.

    During the whale season I’m on the beach all the time enjoying everything.

    Late a night some of us get together once in a while and drive outside of town and get a real good look at the stars and universe.

    Night life here is great and so is the shopping, medical and everything else and especially the restaurants and salsa’s.

    Some of the Gringo’s here bitch a lot and I’m sure they bitched back home too.

    About every month I head up to La Paz and enjoy that city as well.

    Went to Loreto once and will go back. Another great place on the Baja.

    At 46 my lifestyle and choices is not for everyone and I’m lucky that I’m able to live this way.

    Hasta la vista. I’m off to the links!

    Expat Bob

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    Dear Expat Bob,

    I have been a long time reader and this is the first time I’m posting because your comments thrilled me beyond my dreams.

    I have often thought about working in Mexico but didn’t know where or for what company and I’m just sure I would love Cabo San Lucas as much as you seem to.

    Can you give me any ideas or suggestions as to who are the best company’s to work for there?



  10. 10


    Mexico is fine but you might want to come to the DR instead.

    Having the time of my life here. Business is good and few restrictions.

    Pretty much a laid back way of living so give it some thought but if you don’t want to come here and decide on Mexico instead then just grab your passport, jump on the jet and go and do the deal.

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    Dominican? Been there done that. Mexico too.

    They are okay but I found my Paradise here in the Keys.

    Absolutely love it. Have the history, the tropic’s, the beaches, the ocean, the tan, the tours and the benefits of working for a great developer that pays real good.

    Can’t imagine it can be any better then that!

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    Lots of Paradises to work; from ocean front to ski resorts and more.

    But like the 20 questions there is a lot more on the table then just surfing, skiing and having a few cold-ones.

    And living off SS is a losers game.

    Even retirees that have another modest income it ain’t a very pretty picture.

    Save and invest all the time and have a strong retirement gig too!

  13. 13


    This year I have to earn nearly $1,800 more in commissions (inflation at 3%).

    That means I have to either increase my average deal or have to have a few more tours and close a few more deals.

    Then each following year it all has to happen again and again; year after year.

    I can only increase my average sales price by so much before I surpass the tours affordability ceiling.

    I can only take so many more tours every day anyway.

    And I can only increase my closing ratio if the tour income qualifications are increased.

    WE ARE ALL ****ed RATS

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